NOT LISTED FOR SALE
Studio
1 Bath
-- Sq Ft
0.34 Acres

Last Sold February 06, 2012

Last sale price $870,000

225 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Double Pane Windows
  • Eastern Middle School Rated A-
  • No HOA
  • Window Unit Cooling System

About This Home

As of February 2012

Rarely available Brick 12 x 2 BR units each w/sep. metered gas and electric w/furnace & hot water in each unit. Reliable cash flow & easy to rent. Bus stop at door. Good condition with recent updates including all electric in 2006. Hardwood floors in units. Easy angled parking in front. Fully rented in easy to rent location. Good income/expense and possibility to increase rents there. Hurry.

Last Agent to Sell the Property

David Maplesden

(301) 755-5613 david@maplesdengroup.com Samson Properties License #90067 Listed on: 01/20/2011

Samson Properties

Last Buyer's Agent

Non Member Member

beta@mris.net Metropolitan Regional Information Systems, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,924

Year Built

  • Built in 1954

Lot Details

  • 0.34 Acre Lot
  • Northwest Facing Home
  • Corner Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Plaster Walls

Interior Spaces

  • Double Pane Windows
  • Window Treatments
  • Wood Flooring
  • Gas Oven or Range

Schools

  • New Hampshire Estates Elementary School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for advertising/licenses and permits, insurance, repairs, real estate taxes
  • Tax Lot P2
  • Assessor Parcel Number 161301134634

Community Details

Overview

  • No Home Owners Association
  • 12 Units
  • New Hampshire Estates Subdivision

Building Details

  • Operating Expense $47,819
  • Net Operating Income $80,742

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,924

Year Built

Built in 1954

Lot Details

0.34 Acres

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1954
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Exhaust Fan, Oven/Range - Gas, Refrigerator
  • Interior Amenities: Window Treatments, Wood Floors
  • Window Features: Double Pane
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Slab
  • Basement: No

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • Roof: Unknown
  • 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: 243.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School: NEW HAMPSHIRE ESTATES

Lot Info

  • Improvement Assessed Value: 371300.00
  • Land Assessed Value: 651100.00
  • Lot Features: Corner
  • Lot Size Acres: 0.34
  • Lot Size Area: 14799
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14799.00
  • Possible Use: Residential
  • Property Condition: Very Good
  • Zoning: R30

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Advertising/Licenses And Permits, Insurance, Repairs, Taxes - Real Estate
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14016764
  • Tax Annual Amount: 8923.70
  • Assessor Parcel Number: 161301134634
  • Tax Lot: P2
  • Tax Page Number: 115
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010

Multi Family

  • Gross Income: 135264.00
  • Metering: Electric Separate, Gas Separate
  • Operating Expense: 47818.71

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2012 02/06/12 Sold $870,000 -20.9% --
09/02/2011 09/02/11 Pending -- -- --
01/20/2011 01/20/11 For Sale $1,100,000 -- --
Source: Bright MLS

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 $15,771 $1,415,367 -- --
2024 $15,771 $1,309,900 $482,400 $827,500
2023 $15,629 $1,300,333 $0 $0
2022 $14,866 $1,290,767 $0 $0
2021 $13,991 $1,281,200 $482,400 $798,800
2020 $13,991 $1,216,567 $0 $0
2019 $13,177 $1,151,933 $0 $0
2018 $12,484 $1,087,300 $459,500 $627,800
2017 $11,886 $1,014,867 $0 $0
2016 -- $942,433 $0 $0
2015 $10,405 $870,000 $0 $0
2014 $10,405 $870,000 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: 1004270364

Bright MLS
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