Nicholas Badalian
Fathom Realty MD, LLC
(667) 239-8638
110 Total Sales
1 in Downtown Frederick
$375,000 Price
116 W 3rd St Frederick, MD 21701
Downtown Frederick NeighborhoodEstimated Value: $781,000 - $852,000
Studio
3
Baths
3,191
Sq Ft
$256/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- 0.14 Acre Lot
- No HOA
- Parkway Elementary School Rated A-
- Wood Flooring
- 3-minute walk to Memorial Park
About This Home
As of October 2018CIRCA 1876 Brick Apt. Bldg.,Conveys W/3 Apt,3 Detached Garages,Multiple Off Street Parking Spaces Generating Gross Monthly Income Approx.$3320.00 & Annual Income Approx. $39,840.00,Total Electric Bldg.,W/Individual Meters,Current Annual Expenses Approx. $10739.00,Leases Currently M To M,Income Could Be Higher,Bldg.Exterior Has Been Freshly Painted,Management By Owner,& Common Area W/D For Tenants.
Last Agent to Sell the Property
(301) 695-3020 info@realestateteams.com Real Estate Teams, LLC License #35102 Listed on: 08/30/2018
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,687
Year Built
- Built in 1876
Lot Details
- 5,890 Sq Ft Lot
- Property is Fully Fenced
Parking
- 3 Car Detached Garage
- 5 Open Parking Spaces
- Front Facing Garage
- Rear-Facing Garage
- Gravel Driveway
- On-Street Parking
- Off-Street Parking
Property Views
- Woods
- Garden
Home Design
- Brick Exterior Construction
- Plaster Walls
- Rubber Roof
- Metal Roof
Interior Spaces
- 3,191 Sq Ft Home
- Ceiling height of 9 feet or more
- Ceiling Fan
- Fireplace Mantel
- Window Treatments
- Wood Frame Window
- Window Screens
- Wood Flooring
- Storm Windows
- Electric Oven or Range
Laundry
- Dryer
- Washer
Basement
- Connecting Stairway
- Rear Basement Entry
- Basement with some natural light
Outdoor Features
- Patio
- Shed
- Porch
Schools
- Parkway Elementary School
- West Frederick Middle School
Utilities
- Window Unit Cooling System
- Vented Exhaust Fan
- Baseboard Heating
- 200+ Amp Service
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- The owner pays for insurance, repairs, real estate taxes, all utilities
- Tax Lot 1
- Assessor Parcel Number 1102106930
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Income includes parking
- Operating Expense $10,739
- Net Operating Income $29,101
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 18, 2022
Sold by
Edens Paul M
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,800
Outstanding Balance
$363,918
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$454,217
Purchase Details
Listed on
Aug 30, 2018
Closed on
Oct 11, 2018
Sold by
Bainbridge Investments Llc
Bought by
Edens Paul M and Edens Kristi D
Seller's Agent
J.B. Powell
Real Estate Teams, LLC
Buyer's Agent
JT Smith
Compass
List Price
$505,000
Sold Price
$500,000
Premium/Discount to List
-$5,000
-0.99%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%
Original Mortgage
$400,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 31, 2007
Sold by
Shirey Wm N and Shirey Frances G
Bought by
Bainbridge Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,450
Interest Rate
6%
Mortgage Type
Unknown
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Frederick, MD
-
Nicholas Badalian
-
Greg Salley
Greg Salley
Long & Foster Real Estate, Inc.
(240) 693-3948
96 Total Sales
1 in Downtown Frederick
$330,000 Price
-
Andrea Thomas
Andrea Thomas
Responds QuicklyNorthrop Realty
(667) 771-5161
54 Total Sales
1 in Downtown Frederick
$519,900 Price
-
Elizabeth MacLaren
Elizabeth MacLaren
RE/MAX Results
(301) 835-2488
42 Total Sales
1 in Downtown Frederick
$597,400 Price
-
Jim Bim
Jim Bim
Winning Edge
(667) 239-8629
513 Total Sales
1 in Downtown Frederick
$405,000 Price
-
Ian Tolino
Ian Tolino
Long & Foster Real Estate, Inc.
(240) 698-2583
59 Total Sales
1 in Downtown Frederick
$1,500,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Mclister Patrick F | ||
| Edens Paul M | $500,000 | None Available | |
| Bainbridge Investments Llc | $439,450 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $388,800 | ||
| Previous Owner | Edens Paul M | $400,000 | |
| Previous Owner | Bainbridge Investments Llc | $439,450 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/11/2018 10/11/18 | Sold | $500,000 | -1.0% | $157 / Sq Ft |
| 09/07/2018 09/07/18 | Price Changed | $505,000 | 0.0% | $158 / Sq Ft |
| 09/07/2018 09/07/18 | For Sale | $505,000 | +5.4% | $158 / Sq Ft |
| 09/06/2018 09/06/18 | Pending | -- | -- | -- |
| 08/30/2018 08/30/18 | For Sale | $479,000 | -- | $150 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $12,201 | $673,433 | ||
| 2025 | $11,087 | $663,600 | $213,700 | $449,900 |
| 2024 | $11,087 | $600,100 | $0 | $0 |
| 2023 | $9,644 | $536,600 | $0 | $0 |
| 2022 | $8,483 | $473,100 | $179,700 | $293,400 |
| 2021 | $8,308 | $466,867 | $0 | $0 |
| 2020 | $8,236 | $460,633 | $0 | $0 |
| 2019 | $8,122 | $454,400 | $134,200 | $320,200 |
| 2018 | $7,855 | $440,367 | $0 | $0 |
| 2017 | $7,358 | $454,400 | $0 | $0 |
| 2016 | $7,032 | $412,300 | $0 | $0 |
| 2015 | $7,032 | $402,833 | $0 | $0 |
| 2014 | $7,032 | $393,367 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
J.B. Powell
Seller's Agent in 2018
J.B. Powell
Real Estate Teams, LLC
(301) 644-2681
4 in this area
45 Total Sales
-
JT Smith
Buyer's Agent in 2018
JT Smith
Compass
(202) 246-8967
2 in this area
46 Total Sales
Map
Source: Bright MLS
MLS Number: 1002287580
APN: 02-106930
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