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12419 Vale Summit Rd SW, Frostburg, MD, 21532

14beds
--baths
8,600sqft
$449,000
$52price/sqft
$4,000/moest. monthly cost
$160,000/yrincome needed

About This Home

Revenue Producing!!! Amazing Commerical property with money generating tenants and storage units already in place!!! Two residential units, one is a two bedroom, one bath, the other is a large four bedroom unit that has been recently updated. Property also includes 13 storage units. The oversized garage with an included finished loft for office space provides additional commercial income potential or is perfect for a variety of businesses including but not limited to a body shop, car sales lot, graphic design, heating and cooling/electrical business, woodworking workshop, small and large engine repair or pretty much any type of shop!!! Large, well kept parking lot provides the option for more storage units or lot rent for campers, trailers etc..

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

9/10
Beall Elementary SchoolGrades PK-52.7 mi
6/10
7/10

Construction

Condition

  • Year built: 1960

Materials

  • Construction materials: Mixed

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 14

Heating & Cooling

  • Heating features: Heat Pump,Forced Air,Oil,Electric
  • Cooling features: Window Unit(s),Heat Pump,Electric

Interior Area

  • Total structure area: 8,600
  • Total interior livable area: 8,600 sqft

Property

Accessibility

  • Accessibility features: Other

Details

  • Parcel number: 0117003429
  • Zoning: COMMERCIAL
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 0.57 Acres

Parking

  • Total spaces: 20
  • Parking features: Parking Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather

FEMA Declared Disasters Across Maryland Counties

Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,270$27,240
Home Insurance *$284$3,408
Property Taxes $351$4,212
Electricity $1,095$13,148
Total$4,000$48,000
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$137,142/yr
40% on housing$120,000/yr
45% on housing$106,666/yr

Maryland FAIR Plan Programs

Maryland Joint Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 678Commercial: 44
Total Premiums$854,000
Total Exposure$326.56M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.8%
8.8%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.4%
-1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$52This listing

vs Other Active Listings

Avg $/sqft

ZIP 21532$108
Allegany County$80

vs Homes Sold Last Month

Median $/sqft

ZIP 21532$101
Allegany County$110

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-28Price change$449,000
2026-05-26Price change$465,000
2026-04-29Listed for sale$469,212
2026-03-01Listing removed$469,696
2026-02-14Price change$469,696
2026-01-10Price change$479,212
2025-12-04Price change$497,212
2025-11-18Listed for sale$519,212
2025-11-07Listing removed$529,212
2025-10-03Price change$529,212
2025-08-26Price change$539,212
2025-07-25Price change$547,212
2025-06-16Price change$554,212
2025-04-30Listed for sale$569,212
2009-01-31Listing removed$289,900
2008-03-13Listed for sale$289,900

For Sale by Agent

AgentHeather Brailer
BrokerageCharis Realty Group

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