$360,000
SOLD DEC 18, 2013
-- Bed
-- Bath
7,200 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

24% Below List Price

145 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 5-minute walk to National Road Park

About This Home

As of June 2019

INCREDIBLE PRICE REDUCTION! Great Location, Nice all brick corner building fully rented, many updates to units including new roof and replacement windows, this is a solid investment, Tenant pays their own electric, up-to date with all city inspections, lead certificates available 24 hour notice required

Last Agent to Sell the Property

Roberto Gonzalez

RG Realty, Inc. License #598229 Listed on: 07/13/2013

Last Buyer's Agent

Roberto Gonzalez

RG Realty, Inc. License #598229 Listed on: 07/13/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,068

Year Built

  • Built in 1900

Home Design

  • Brick Exterior Construction

Parking

  • Free Parking
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Front Basement Entry
  • 7,500 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 2203020282

Community Details

Overview

  • No Home Owners Association
  • 10 Units
  • Hagerstown Subdivision

Building Details

  • Operating Expense $33,188
  • Net Operating Income $41,142

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,068

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: INCREDIBLE PRICE REDUCTION! Great Location, Nice all brick corner building fully rented, many updates to units including new roof and replacement windows, this is a solid investment, Tenant pays their own electric, up-to date with all city inspections, lead certificates available 24 hour notice required
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Front Entrance, Unfinished
  • Price Per Sq Ft: 50.00
  • Street Number Modifier: 111

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Free
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 48800.00
  • Land Assessed Value: 71200.00
  • Lot Size Acres: 0.17
  • Lot Size Area: 7500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Year Assessed: 2013
  • Zoning: RMED
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11597183
  • Tax Annual Amount: 2067.60
  • Assessor Parcel Number: 2203020282
  • Tax Lot: 12
  • Tax Total Finished Sq Ft: 7200
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 12/18/2013

Multi Family

  • Gross Income: 74330.00
  • Metering: Fully Separate
  • Operating Expense: 33188.00

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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 Change Sq Ft Price
06/15/2019 06/15/19 Sold $435,000 0.0% $60 / Sq Ft
06/12/2019 06/12/19 For Sale $435,000 +20.8% $60 / Sq Ft
12/18/2013 12/18/13 Sold $360,000 -24.2% $50 / Sq Ft
12/05/2013 12/05/13 Pending -- -- --
07/13/2013 07/13/13 For Sale $475,000 +58.3% $66 / Sq Ft
02/01/2013 02/01/13 Sold $300,000 -20.9% $42 / Sq Ft
01/31/2013 01/31/13 Pending -- -- --
09/14/2012 09/14/12 For Sale $379,500 -- $53 / 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: 1003620686

Bright MLS