Seller's Agent in 2021
Sarah Reynolds
Keller Williams Realty
(703) 844-3425
11 in this area
3,607 Total Sales
1 Oak St Indian Head, MD 20640
Studio
2
Baths
3,400
Sq Ft
9,800
Sq Ft Lot
Highlights
- Traditional Architecture
- Central Air
- Heat Pump System
- No HOA
About This Home
As of February 2021Fantastic opportunity to step right into owning an established and successful rental property with positive cash flow! Quadplex apartment building featuring four well maintained apartments, each apartment offering 2 bedrooms and 1 full bath, and 750 square feet. Each unit is equipped with its own kitchen, living room, washer and dryer, new water heater (two of which in each building are tankless), are separately metered for electricity, and have 1 designated parking spot each with two guest spots per building. The building is turn key - new roof, new windows, newly replaced HVAC condensers, and a newly installed CCTV surveillance system. All units are tenant occupied with tenants that are currently all on month to month leases. Located off Indian Head Highway just a few minutes walk from the Potomac River, this is truly a unique investment opportunity that you do not want to pass up! Seller has two identical buildings for sale, 3 Oak St and 1 Oak St.
Last Agent to Sell the Property
(703) 844-3425 info@empowerhome.com Keller Williams Realty License #0225174916 Listed on: 12/24/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,421
Year Built
- Built in 1962
Lot Details
- 9,800
Home Design
- 3,400 Sq Ft Home
- Quadruplex
- Traditional Architecture
- Brick Exterior Construction
Laundry
- Dryer
- Washer
Parking
- Parking Lot
- Off-Street Parking
Schools
- Indian Head Elementary School
- General Smallwood Middle School
- Henry E. Lackey High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Additional Features
- Stove
- 9,800 Sq Ft Lot
Community Details
- No Home Owners Association
- 4 Units
- 2-Story Building
Listing and Financial Details
- Tax Lot 7A
- Assessor Parcel Number 0907000294
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/25/2021 02/25/21 | Sold | $430,000 | 0.0% | $126 / Sq Ft |
| 12/24/2020 12/24/20 | Pending | -- | -- | -- |
| 12/24/2020 12/24/20 | Price Changed | $430,000 | 0.0% | $126 / Sq Ft |
| 12/24/2020 12/24/20 | For Sale | $430,000 | -- | $126 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,586 | $412,200 | $86,000 | $326,200 |
| 2024 | $6,373 | $392,067 | $0 | $0 |
| 2023 | $6,431 | $371,933 | $0 | $0 |
| 2022 | $5,573 | $351,800 | $86,000 | $265,800 |
| 2020 | $5,583 | $351,800 | $86,000 | $265,800 |
| 2019 | $11,174 | $352,100 | $86,000 | $266,100 |
| 2018 | $4,635 | $351,967 | $0 | $0 |
| 2017 | $5,589 | $351,833 | $0 | $0 |
| 2016 | -- | $351,700 | $0 | $0 |
| 2015 | $4,558 | $338,600 | $0 | $0 |
| 2014 | $4,558 | $325,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Reynolds
-
Jennifer Dennis
Buyer's Agent in 2021
Jennifer Dennis
Keller Williams Realty
(703) 232-9439
2 in this area
20 Total Sales
Map
Source: Bright MLS
MLS Number: MDCH220374
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