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342 Reservoir Ave

Cumberland, MD 21502

4 bd 2,132 sqft Built 1942 Lot 5,110 sqft multi_family
Most recent sale
$125,000
May 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 18, 2022 Sold $125,000 MLS #MDAL2002936
Apr 16, 2022 Listed $129,900 MLS #MDAL2002936

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $121,767 $1,116
2024 $121,767 $959
2022 $74,200 $8,900 $83,100 $771
2021 $74,200 $8,900 $83,100 $784
2020 $79,700 $8,900 $88,600 $822
2019 $79,700 $8,900 $88,600 $827
2018 $79,700 $8,900 $88,600 $842
2017 $88,600 $8,900 $97,500 $920
2016 $94,367 $898
2015 $94,367 $898
2014 $83,900 $8,900 $92,800 $895
2013 $92,800 $877
2012 $92,800 $873
2011 $104,200 $995
2010 $101,996 $1,022
2009 $99,793 $1,002
2008 $97,590 $1,798

Property facts

Year built
1942
Property type
multi_family
Stories
Beds
4
Baths
Living area
2,132 sqft
Lot size
5,110 sqft
ZIP code
21502
City
Cumberland
Street
Reservoir Ave
Coordinates
39.64758, -78.74827

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 342 Reservoir Ave last sell?
342 Reservoir Ave most recently sold on May 18, 2022 for $125,000.
What is the current tax assessment for 342 Reservoir Ave?
The most recent total assessment for 342 Reservoir Ave (year 2025) is $121,767 with $1,116 in property tax.
How does 342 Reservoir Ave's assessment compare to its last sale price?
The current assessment is 2.6% below the last sale price of $125,000.
When was 342 Reservoir Ave built?
342 Reservoir Ave was built in 1942.
How does 342 Reservoir Ave compare to others on Reservoir Ave?
We track 4 other properties on Reservoir Ave. Browse the list under "Other properties on Reservoir Ave" to compare beds, baths, and sale history.
What are the property facts for 342 Reservoir Ave?
342 Reservoir Ave is a 4 bed, 2,132 sqft, 5,110 sqft lot multi_family.
Is 342 Reservoir Ave a flip candidate?
No — 342 Reservoir Ave does not appear in our flips dataset.
Is 342 Reservoir Ave a tax-appeal candidate?
No — 342 Reservoir Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.5%
Implied 1-yr
+2.2%
2026 Q3
$164.5K
2026 Q4
$165.4K
ZIP 21502 — Median Price History + Forecast

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