NOT LISTED FOR SALE

Estimated Value: $416,000 - $474,000

-- Bed
2 Baths
1,930 Sq Ft
$232/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $285,000 $148 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,800/month

54 Days on Market

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • No HOA
  • North Frederick Elementary School Rated A-
  • Main Floor Bedroom
  • Efficiency Studio

About This Home

As of September 2020

This two unit apartment building is available for immediate delivery! Within walking distance to downtown Frederick and the local YMCA! Each unit consists of 2 Bedrooms, 1 Bath, a Living Room and Kitchen with washer/dryer in each unit. Off street parking for 3 cars. Perfect for the investor or owner occupant with additional income potential! Call today to schedule your tour

Last Agent to Sell the Property

Carolyn Young

(703) 261-9190 carolyn@carolynyoungteam.com Samson Properties License #0022361 Listed on: 07/06/2020

Samson Properties

Co-Listed By

Hans Schenk

(703) 309-5093 hans@carolynyoungteam.com Samson Properties License #SP200205185

Last Buyer's Agent

Kathleen Ahrens

(301) 910-1691 kathy.ahrens@kw.com Keller Williams Realty Centre

Keller Williams Realty Centre

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,312

Year Built

  • Built in 1900

Lot Details

  • 2,990 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,930 Sq Ft Home
  • Traditional Floor Plan
  • Chair Railings
  • Ceiling Fan
  • Efficiency Studio
  • Basement

Kitchen

  • Eat-In Country Kitchen
  • Electric Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1102063425

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 2-Story Building

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,312

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Carpet, Vinyl
  • Interior Amenities: Carpet, Ceiling Fan(s), Chair Railings, Efficiency, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Country, Kitchen - Eat-In, Kitchen - Table Space, Tub Shower
  • Basement: Yes
  • Total Sq Ft: 1930
  • Living Area Sq Ft: 1930
  • Price Per Sq Ft: 155.44
  • Above Grade Finished Sq Ft: 1930
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2990.00
  • Property Condition: Good
  • Zoning: R8
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly
  • Number Of Units Month To Month: 1
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 4312.00
  • Assessor Parcel Number: 1102063425
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Sep 30, 2020
Sold by
Reisinger Kevin and Reisinger Lois
Bought by
Safren Benjamin Lazer
Seller's Agent
Carolyn Young
Samson Properties
Buyer's Agent
Kathleen Ahrens
Keller Williams Realty Centre
List Price
$325,000
Sold Price
$285,000
Premium/Discount to List
-$40,000
-12.31%
Current Estimated Value
$446,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,849
Avg. Annual Appreciation
9.07%
Original Mortgage
$242,250
Outstanding Balance
$215,468
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$231,381

Purchase Details

Closed on
Jun 29, 2006
Sold by
D'Amore John
Bought by
Reisinger Kevin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2006
Sold by
D'Amore John
Bought by
Reisinger Kevin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2004
Sold by
Morales Hector J
Bought by
D'Amore John and Costlow Kathleen A

Purchase Details

Closed on
Jan 22, 2004
Sold by
Clifford C Hamilton Limited
Bought by
Morales Hector J and Borquez Lydia I

Purchase Details

Closed on
Sep 25, 1997
Sold by
Hamilton Clifford C
Bought by
Hamilton Clifford C

Purchase Details

Closed on
Jan 24, 1997
Sold by
Hoover Lloyd
Bought by
Hamilton Clifford C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Safren Benjamin Lazer $285,000 Assurance Title Llc
Reisinger Kevin S $289,000 --
Reisinger Kevin S $289,000 --
D'Amore John $220,000 --
Morales Hector J $175,000 --
Hamilton Clifford C -- --
Hamilton Clifford C $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Safren Benjamin Lazer $242,250
Previous Owner Reisinger Kevin S $231,200
Previous Owner Reisinger Kevin S $231,200
Closed Morales Hector J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $285,000 -5.0% $148 / Sq Ft
08/22/2020 08/22/20 Price Changed $300,000 -7.7% $155 / Sq Ft
07/06/2020 07/06/20 For Sale $325,000 -- $168 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $5,483 $310,700 $101,400 $209,300
2024 $5,483 $294,333 $0 $0
2023 $5,038 $277,967 $0 $0
2022 $4,730 $261,600 $85,600 $176,000
2021 $4,675 $253,300 $0 $0
2020 $4,422 $245,000 $0 $0
2019 $4,273 $236,700 $78,200 $158,500
2018 $4,163 $233,400 $0 $0
2017 $4,087 $236,700 $0 $0
2016 $3,988 $226,800 $0 $0
2015 $3,988 $223,067 $0 $0
2014 $3,988 $219,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR266940

Bright MLS

APN: 02-063425