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

Last Sold February 06, 2012

Last sale price $870,000

Highlights

  • Wood Flooring
  • Corner Lot
  • Double Pane Windows
  • Eastern Middle School Rated A-
  • No HOA
  • Forced Air Heating 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

(202) 270-7253 david@maplesdengroup.com Long & Foster Real Estate, Inc. License #90067 Listed on: 01/20/2011

Long & Foster Real Estate, Inc.

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
  • 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

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1954
  • Remarks Public: 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.
  • 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
  • Street Number Modifier: 1005

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

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: NEW HAMPSHIRE ESTATES
  • School District Key: 121138126809
  • 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
  • Year Assessed: 2010
  • 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
  • Close Date: 02/06/2012

Multi Family

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

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Range of Values:

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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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004270364

Bright MLS