NOT LISTED FOR SALE

1023 Spruce St Hagerstown, MD 21740

South End Neighborhood

Estimated Value: $210,000 - $246,299

-- Bed
1 Bath
1,008 Sq Ft
$229/Sq Ft Est. Value

Last Sold January 26, 2016

Last sale price $97,000 $96 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $1,412/month

160 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Emma K. Doub Elementary School Rated A-
  • Paneling
  • Asbestos

About This Home

As of January 2016

Move In Ready Nice Investment property.2 Units 1025 2 bedrooms 1 bath, 1023 2 bedroom with office /den 1 bath and rented garages.1023 has been painted with,new kitchen,bath,carpet & hardwoods refinished.1025 also in nice condition.Newer roof,and windows, fenced yards.Permits are up to date.

Last Agent to Sell the Property

Roger Fairbourn

Roger Fairbourn Real Estate License #67107 Listed on: 07/08/2015

Last Buyer's Agent

Roger Fairbourn

Roger Fairbourn Real Estate License #67107 Listed on: 07/08/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,269

Year Built

  • Built in 1912 | Remodeled in 2015

Lot Details

  • 7,500 Sq Ft Lot
  • Property is in very good condition

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Plaster Walls
  • Asbestos

Interior Spaces

  • Paneling

Unfinished Basement

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

Schools

  • E. Russell Hicks Middle School
  • South Hagerstown Sr High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for real estate taxes
  • Tax Lot 19
  • Assessor Parcel Number 2203018229

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $1,681

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,269

Year Built

Built in 1912 | Remodeled in 2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1912
  • Year Renovated: 2015
  • Remarks Public: Move In Ready Nice Investment property.2 Units 1025 2 bedrooms 1 bath, 1023 2 bedroom with office /den 1 bath and rented garages.1023 has been painted with,new kitchen,bath,carpet & hardwoods refinished.1025 also in nice condition.Newer roof,and windows, fenced yards.Permits are up to date.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls, Paneled Walls
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Full, Unfinished
  • Price Per Sq Ft: 62.50
  • Street Number Modifier: 1023

Exterior Features

  • Construction Materials: Asbestos
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas, Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: WASHINGTON COUNTY PUBLIC SCHOOLS
  • Middle School: E. RUSSELL HICKS SCHOOL
  • High School: SOUTH HAGERSTOWN SR
  • School District Key: 121138761341
  • High School: SOUTH HAGERSTOWN SR
  • Middle Or Junior School: E. RUSSELL HICKS SCHOOL

Lot Info

  • Improvement Assessed Value: 78800.00
  • Land Assessed Value: 45000.00
  • Lot Size Acres: 0.17
  • Lot Size Area: 7500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: RMOD
  • In City Limits: Yes

Rental Info

  • Owner Pays: Taxes - Real Estate
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11599044
  • Tax Annual Amount: 2269.25
  • Assessor Parcel Number: 2203018229
  • Tax Lot: 19
  • Tax Total Finished Sq Ft: 2016
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 01/26/2016

Multi Family

  • Gross Income: 17880.00
  • Metering: Electric Separate, Gas Separate
  • Operating Expense: 1681.00
  • Vacancy Allowance Rate: 100.00

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2015
Closed on
Jan 26, 2016
Sold by
Beverly J Lovell Trust Of 1993
Bought by
M & Jk Properties Llc
Seller's Agent
Roger Fairbourn
Roger Fairbourn Real Estate
Buyer's Agent
Roger Fairbourn
Roger Fairbourn Real Estate
List Price
$139,600
Sold Price
$97,000
Premium/Discount to List
-$42,600
-30.52%
Total Days on Market
160
Current Estimated Value
$230,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,825
Avg. Annual Appreciation
9.70%
Original Mortgage
$72,750
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2003
Sold by
Stotler Ralph N and Stotler Mary J
Bought by
Lovell Beverly J Trust Of 1993

Purchase Details

Closed on
Mar 15, 1988
Sold by
Rudisill Hubert R
Bought by
Stotler Ralph N and Stotler Mary J
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
M & Jk Properties Llc $97,000 Lincoln Title & Settlement S
Lovell Beverly J Trust Of 1993 $85,000 --
Stotler Ralph N $65,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M & Jk Properties Llc $95,000
Closed M & Jk Properties Llc $72,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2016 01/26/16 Sold $97,000 -30.5% $96 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $139,600 -- $138 / 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 $1,388 $152,367 $0 $0
2023 $1,259 $138,233 $0 $0
2022 $1,131 $124,100 $45,000 $79,100
2021 $1,236 $123,367 $0 $0
2020 $1,142 $122,633 $0 $0
2019 $1,140 $121,900 $45,000 $76,900
2018 $1,140 $121,900 $45,000 $76,900
2017 $1,140 $121,900 $0 $0
2016 -- $123,700 $0 $0
2015 $3,076 $123,800 $0 $0
2014 $3,076 $123,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Roger Fairbourn

    Roger Fairbourn Real Estate

    (301) 462-9516

    5 in this area

    80 Total Sales

    Roger Fairbourn
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Map

Source: Bright MLS

MLS Number: 1003736527

Bright MLS

APN: 03-018229

Maryland Washington County Hagerstown 21740 South End

1023 Spruce St, Hagerstown, MD

This home is located at 1023 Spruce St, Hagerstown, MD 21740 since 08 July 2015 and is currently estimated at $230,825, approximately $228 per square foot. This property was built in 1912. 1023 Spruce St is a home located in Washington County with nearby schools including Emma K. Doub Elementary School, E. Russell Hicks Middle School, and South Hagerstown High School.

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