NOT LISTED FOR SALE

111 E German St Shepherdstown, WV 25443

Estimated Value: $920,192

Studio
-- Bath
5,404 Sq Ft
$170/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $570,000 $105 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,719/month

11 Days on Market

Highlights

  • No HOA
  • Wood Siding
  • 1-minute walk to Morgans Grove Park
  • Baseboard Heating

About This Home

As of December 2018

Rare Shepherdstown Commercial/Multi Family opportunity right in the middle of town. Four apartments, two store fronts, two offices, more parking than zoning requires, Beside the town run and Shepherd University. " Location, location, location " was never so true. Be swift, this won't last. All measurements and time lines deemed to be accurate. Financial documents available with qualitying offer.

Last Agent to Sell the Property

Dan Anderson

(240) 217-0401 dga.gtr@gmail.com Greentree Associates of Shepherdstown, Inc. Listed on: 11/06/2018

Last Buyer's Agent

Dan Anderson

(240) 217-0401 dga.gtr@gmail.com Greentree Associates of Shepherdstown, Inc. Listed on: 11/06/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1820

Home Design

  • 5,404 Sq Ft Home
  • Wood Siding

Basement

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

Utilities

  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • 5,080 Sq Ft Lot
  • Flood Zone Lot

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 19103A001800000000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $54,851

Property Details

Home Type

Multi-Family

Year Built

Built in 1820

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Over Storefront
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1820
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Side Entrance, Rear Entrance, Full
  • Total Sq Ft: 5404
  • Living Area Sq Ft: 5404
  • Price Per Sq Ft: 105.48
  • Above Grade Finished Sq Ft: 5404
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Heat Pump(s)
  • 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 Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 192700.00
  • Land Assessed Value: 217300.00
  • Lot Features: Flood Plain
  • Lot Dimensions: LotWidth:47 X LotDepth:206
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5080.00
  • Zoning: R/C
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 11109.36
  • Assessor Parcel Number: 19103A001800000000
  • Tax Lot: 35
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Gross Income: 56310.00
  • Operating Expense: 54851.00

MLS Schools

  • School District Name: JEFFERSON COUNTY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2018
Closed on
Dec 27, 2018
Sold by
Mill Run Partnership
Bought by
Town Run Properties Llc
Seller's Agent
Dan Anderson
Greentree Associates of Shepherdstown, Inc.
Buyer's Agent
Dan Anderson
Greentree Associates of Shepherdstown, Inc.
List Price
$570,000
Sold Price
$570,000
Current Estimated Value
$920,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,192
Avg. Annual Appreciation
7.00%
Original Mortgage
$484,500
Outstanding Balance
$426,020
Interest Rate
4.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$494,172
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Town Run Properties Llc $570,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Town Run Properties Llc $484,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2018 12/21/18 Sold $570,000 0.0% $105 / Sq Ft
11/06/2018 11/06/18 For Sale $570,000 -- $105 / 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
2025 $11,462 $429,300 $217,300 $212,000
2024 $11,517 $429,300 $217,300 $212,000
2023 $11,459 $429,300 $217,300 $212,000
2022 $11,067 $401,900 $212,300 $189,600
2021 $11,093 $395,800 $212,300 $183,500
2020 $10,436 $395,800 $212,300 $183,500
2019 $11,224 $416,500 $217,300 $199,200
2018 $11,150 $410,000 $217,300 $192,700
2017 $11,109 $410,000 $217,300 $192,700
2016 $10,945 $410,000 $217,300 $192,700
2015 $10,552 $394,100 $217,300 $176,800
2014 $10,491 $394,100 $217,300 $176,800
Source: Public Records

Agents Affiliated with this Home

  • Dan Anderson

    Seller's Agent in 2018

    Dan Anderson

    Greentree Associates of Shepherdstown, Inc.

    (240) 217-0401

    32 in this area

    34 Total Sales

    Dan Anderson
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Map

Source: Bright MLS

MLS Number: WVJF100084

Bright MLS

APN: 10-3A-00180000

West Virginia Jefferson County Shepherdstown 25443

111 E German St, Shepherdstown, WV

Not Listed for Sale

MultiFamily

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