NOT LISTED FOR SALE

1011 S Main St Hampstead, MD 21074

Estimated Value: $514,203

-- Bed
-- Bath
6,350 Sq Ft
$81/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $508,000 $80 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,255/month

55 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Dwelling with Rental
  • Spring Garden Elementary School Rated A-
  • Electric Baseboard Heater

About This Home

As of June 2024

Commercially Zoned Large Building on South Main Street in the Heart of Hampstead. Also Includes 2 Residential Apartments Upstairs. One is $750 Square Feet rented for $1,025 Per Month, The other is 800 Square Feet rented for $1,300 Per Month. There is a parking lot in the Rear. Many Recent Improvements. Great Visibility. 1st floor approximately 3,350 square feet will be vacant shortly, includes two (2) separate units. Both upstairs apartments are rented. Call Listing Agent to Schedule a Showing...

Last Agent to Sell the Property

Jim Blum

Falcon Properties License #02217 Listed on: 03/07/2024

Last Buyer's Agent

Kathleen Magtibay

Taylor Properties License #668770

Taylor Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,715

Year Built

  • Built in 1875

Lot Details

  • 0.25 Acre Lot
  • Property is in good condition

Home Design

  • Dwelling with Rental
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Wood Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Paved Parking
  • On-Street Parking
  • Parking Lot
  • Unassigned Parking

Utilities

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

Listing and Financial Details

  • The owner pays for insurance, sewer, real estate taxes, water
  • Assessor Parcel Number 0708069964

Community Details

Overview

  • 3-Story Building

Building Details

  • 2 Vacant Units
  • Operating Expense $11,500
  • Net Operating Income $58,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,715

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Dwelling With Rental
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1875
  • Automatically Close On Close Date: No
  • Remarks Public: Commercially Zoned Large Building on South Main Street in the Heart of Hampstead. Also Includes 2 Residential Apartments Upstairs. One is $750 Square Feet rented for $1,025 Per Month, The other is 800 Square Feet rented for $1,300 Per Month. There is a parking lot in the Rear. Many Recent Improvements. Great Visibility. 1st floor approximately 3,350 square feet will be vacant shortly, includes two (2) separate units. Both upstairs apartments are rented. Call Listing Agent to Schedule a Showing...
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Wood Floors
  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 8874
  • Living Area Sq Ft: 6350
  • Price Per Sq Ft: 90.55
  • Above Grade Finished Sq Ft: 6350
  • Below Grade Sq Ft: 2524
  • Total Below Grade Sq Ft: 2524
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1011

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, Paved Parking, Unassigned
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Parking Lot, On Street
  • Parking Lot Number Of Spaces: 10

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric, Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Cable Tv Available, Water Available, Sewer Available
  • Water Source: Public

Schools

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

Lot Info

  • Land Use Code: C
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Property Condition: Good
  • Year Assessed: 2023
  • Zoning: COMMERCIAL
  • Zoning Description: Bl (Commercial) Zoning w/ two (2) Residential Apartments Upstairs
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Gross
  • Owner Pays: Insurance, Sewer, Taxes - Real Estate, Water
  • Rent Control: No
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4715.00
  • Assessor Parcel Number: 0708069964
  • Tax Total Finished Sq Ft: 4777
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/21/2024

Multi Family

  • Number Of Units Vacant: 2
  • Gross Income: 70380.00
  • Operating Expense: 11500.00
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: CARROLL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2008
Sold by
Monarch Management Company Llc
Bought by
Monarch Management Group Llc
Current Estimated Value
$514,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
5.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 2008
Sold by
Monarch Management Company Llc
Bought by
Monarch Management Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
5.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 17, 2005
Sold by
Klare Violo M
Bought by
Monarch Management Company Llc

Purchase Details

Closed on
Apr 22, 1996
Sold by
Robinson Stephen L
Bought by
Robinson Stephen L

Purchase Details

Closed on
Oct 23, 1993
Sold by
Klare V M
Bought by
Robinson S L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.73%
Source: Public Records

Range of Values:

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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
Monarch Management Group Llc -- --
Monarch Management Group Llc -- --
Monarch Management Company Llc $450,000 --
Robinson Stephen L -- --
Robinson S L $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monatch Managment Group Llc $545,000
Closed Monarch Management Group Llc $400,000
Closed Monarch Management Group Llc $158,000
Closed Monarch Management Group Llc $158,000
Previous Owner Robinson S L $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $508,000 -11.7% $80 / Sq Ft
03/07/2024 03/07/24 For Sale $575,000 -- $91 / 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
2024 $4,678 $344,800 $95,600 $249,200
2023 $4,655 $344,800 $95,600 $249,200
2022 $5,415 $399,800 $95,600 $304,200
2021 $10,544 $382,700 $0 $0
2020 $4,988 $365,600 $0 $0
2019 $4,758 $348,500 $80,600 $267,900
2018 $4,503 $332,167 $0 $0
2017 $4,284 $315,833 $0 $0
2016 -- $299,500 $0 $0
2015 -- $299,500 $0 $0
2014 -- $299,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Blum

    Seller's Agent in 2024

    Jim Blum

    Falcon Properties

    (410) 227-4649

    2 in this area

    29 Total Sales

    Jim Blum
    Section Image
  • Kathleen Magtibay

    Buyer's Agent in 2024

    Kathleen Magtibay

    Taylor Properties

    (443) 813-3341

    1 in this area

    30 Total Sales

    Kathleen Magtibay
    Section Image
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Map

Source: Bright MLS

MLS Number: MDCR2019038

Bright MLS

APN: 08-069964

Maryland Carroll County Hampstead 21074

1011 S Main St, Hampstead, MD

This home is located at 1011 S Main St, Hampstead, MD 21074 since 07 March 2024 and is currently estimated at $514,203, approximately $80 per square foot. This property was built in 1875. 1011 S Main St is a home located in Carroll County with nearby schools including Spring Garden Elementary School, Shiloh Middle School, and Manchester Valley High School.

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