NOT LISTED FOR SALE

101 E Main St Westminster, MD 21157

-- Bed
1 Bath
4,750 Sq Ft
6,098 Sq Ft Lot

Last Sold October 10, 2022

Last sale price $475,000 $100 Per Sq Ft

Highlights

  • City View
  • Dual Staircase
  • Wood Flooring
  • Cranberry Station Elementary School Rated A-
  • Property is near a park
  • 1-minute walk to Westminster City Park

About This Home

As of October 2022

Investors Alert!! Prime Land mark Building Circa 1875 aka "The Charles Wantz House". The 1st mansion built on Main St. for personal residence by prosperous merchants the Wantz family in 1875!! Located on the historic Westminster Main Street Downtown business district, with in walking distance to everything! Close to all the stores, shops, Taverns, Gov't buildings, City Hall & Court houses. Westminster City parks, recreation ball fields, tennis and gym are located directly behind this building. This type of building with it's appealing architecture from the original semicircular leaded stained glass transom above front door to the beautiful grand 3 level main staircase is rarely available because for it's location is has it's own private parking lot for 10 spaces behind the building. great opportunity for someone that would want to have their own Commercial business or retail use on the main floors and have the additional rental income from apartments on the 2nd and 3rd floors. Was setup originally and currently electric metered as 6 units, currently being used a 5 large residential use apartment rentals, always been fully leased & currently fully tenant occupied on m/m leases, with unit 2 main floor coming available soon. A Great commercial Investment incoming producing property!

Last Agent to Sell the Property

Garry Haines

(410) 984-6556 garry@hainesrealtyco.com Haines Realty Listed on: 07/02/2022

Last Buyer's Agent

Garry Haines

(410) 984-6556 garry@hainesrealtyco.com Haines Realty Listed on: 07/02/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,362

Year Built

  • Built in 1875 | Remodeled in 2005

Lot Details

  • 6,098 Sq Ft Lot
  • Downtown Location
  • Level Lot
  • Property is in good condition

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Plaster Walls
  • Slate Roof
  • Asphalt Roof

Interior Spaces

  • Dual Staircase
  • Built-In Features
  • Wainscoting
  • Brick Wall or Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Fireplace Mantel
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Stained Glass
  • Atrium Windows
  • Wood Frame Window
  • Six Panel Doors
  • City Views
  • Electric Oven or Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Rear Basement Entry

Home Security

  • Storm Windows
  • Flood Lights

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Free Parking
  • Paved Parking
  • Parking Lot
  • Off-Street Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Porch

Location

  • Property is near a park

Utilities

  • Window Unit Cooling System
  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for insurance, repairs, real estate taxes
  • Assessor Parcel Number 0707057792

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Income includes apartment rentals, professional offices
  • Operating Expense $8,762

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,362

Year Built

Built in 1875 | Remodeled in 2005

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: All appliances owned by the owners, Coin opp. washer and dryer on 1st floor
  • New Construction: No
  • Expected On Market: 2022-07-02
  • Year Built: 1875
  • Year Renovated: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: Investors Alert!! Prime Land mark Building Circa 1875 aka "The Charles Wantz House". The 1st mansion built on Main St. for personal residence by prosperous merchants the Wantz family in 1875!! Located on the historic Westminster Main Street Downtown business district, with in walking distance to everything! Close to all the stores, shops, Taverns, Gov't buildings, City Hall & Court houses. Westminster City parks, recreation ball fields, tennis and gym are located directly behind this building. This type of building with it's appealing architecture from the original semicircular leaded stained glass transom above front door to the beautiful grand 3 level main staircase is rarely available because for it's location is has it's own private parking lot for 10 spaces behind the building. great opportunity for someone that would want to have their own Commercial business or retail use on the main floors and have the additional rental income from apartments on the 2nd and 3rd floors. Was setup originally and currently electric metered as 6 units, currently being used a 5 large residential use apartment rentals, always been fully leased & currently fully tenant occupied on m/m leases, with unit 2 main floor coming available soon. A Great commercial Investment incoming producing property!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Interior Amenities: Built-Ins, Double/Dual Staircase, Window Treatments, Carpet, Ceiling Fan(s), Entry Level Bedroom, Stain/Lead Glass, Wainscotting, Walk-In Closet(s), Wood Floors
  • Window Features: Atrium, Double Pane, Insulated, Storm, Wood Frame
  • Fireplace Features: Mantel(s)
  • Fireplace: Yes
  • Door Features: Six Panel
  • Wall Ceiling Types: 9'+ Ceilings, Brick, High, Plaster Walls
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Full, Unfinished
  • Total Sq Ft: 6750
  • Living Area Sq Ft: 4750
  • Price Per Sq Ft: 117.87
  • Above Grade Finished Sq Ft: 4750
  • Below Grade Sq Ft: 2000
  • Total Below Grade Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 101

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Flood Lights, Sidewalks, Street Lights
  • Road Surface Type: Access - On Grade, Black Top
  • Roof: Asphalt, Slate
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Paved Parking, Free, Assigned
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Parking Lot, Off Street
  • Parking Lot Number Of Spaces: 10

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Central, Electric
  • Heating Type: Forced Air, Heat Pump(s), Zoned, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

  • School District: CARROLL COUNTY PUBLIC SCHOOLS
  • School District Key: 121139051837
  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 296100.00
  • Land Assessed Value: 76800.00
  • Land Use Code: commercial
  • Lot Features: Backs - Parkland, Road Frontage, Level
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.40
  • Outdoor Living Structures: Balcony, Porch(es)
  • Possible Use: Commercial, Mixed Use, Office, Wholesale
  • Property Condition: Good
  • Year Assessed: 2022
  • Zoning: BUSINESS DISTRI/COMMERC
  • Zoning Description: Downtown Business District, Commercial Zoning
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Ground Rent Exists: No
  • Lease Term: 12 Months
  • Owner Pays: Insurance, Repairs, Taxes - Real Estate
  • Units Leased Count: 5
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11450870
  • Tax Annual Amount: 6362.00
  • Assessor Parcel Number: 0707057792
  • Tax Page Number: 274
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/10/2022

Multi Family

  • Gross Income: 47760.00
  • Income Includes: Apartment Rentals, Professional Offices
  • Operating Expense: 8762.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: CARROLL 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
10/10/2022 10/10/22 Sold $475,000 -15.2% $100 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/02/2022 07/02/22 For Sale $559,900 -- $118 / Sq Ft
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: MDCR2008740

Bright MLS