NOT LISTED FOR SALE
Studio
4 Baths
4,440 Sq Ft
5,797 Sq Ft Lot

Sale Details

Date Sold: August 31, 2018

Last sale price $705,000 $159 Per Sq Ft

96 Days on Market

Highlights

  • 0.13 Acre Lot
  • 4-minute walk to Frederick
  • Window Unit Cooling System
  • Spring Ridge Elementary School Rated A-
  • No HOA
  • 2-minute walk to Carroll Creek Linear Park

About This Home

As of August 2018

Historic Apartment/Retail/Office Condo For Sale in Downtown Frederick being sold As-Is. This property has 5 apartments with Central Air, a working fireplace and gorgeous chandeliers in the main unit, window a/c units in rentals, new rug in one unit, fresh paint throughout, a new boiler and roof. Large parking lot and plenty of green space in the rear. Great investment opportunity! Great area!

Last Agent to Sell the Property

Lisa Stines

(301) 695-3020 info@realestateteams.com Real Estate Teams, LLC Listed on: 01/16/2018

Last Buyer's Agent

Lisa Stines

(301) 695-3020 info@realestateteams.com Real Estate Teams, LLC Listed on: 01/16/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,320

Year Built

  • Built in 1870

Lot Details

  • 5,797 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Finished Basement
  • Front Basement Entry

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 1102101718

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,320

Year Built

Built in 1870

Lot Details

5,797 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1870
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Front Entrance, Fully Finished
  • Price Per Sq Ft: 183.56

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • 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: 210900.00
  • Land Assessed Value: 255900.00
  • Lot Size Acres: 0.13
  • Lot Size Area: 5797
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5797.00
  • Property Attached Yn: Yes
  • Zoning: DB
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11549250
  • Tax Annual Amount: 8320.24
  • Assessor Parcel Number: 1102101718
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Vacancy Allowance Rate: 80.00

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

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

Listed on
Jan 16, 2018
Closed on
Aug 30, 2018
Sold by
Bought by
Seller's Agent
Lisa Stines
Real Estate Teams, LLC
Buyer's Agent
Lisa Stines
Real Estate Teams, LLC
List Price
$929,000
Sold Price
$705,000
Premium/Discount to List
-$224,000
-24.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,750
Interest Rate
0.045%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 2012
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$705,000 None Available
-- None Available
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 $648,121
Closed $315,000
Closed $528,750
Previous Owner $65,000
Previous Owner $176,000
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
08/31/2018 08/31/18 Sold $705,000 -13.5% $159 / Sq Ft
04/22/2018 04/22/18 Pending -- -- --
04/18/2018 04/18/18 Price Changed $815,000 -4.0% $184 / Sq Ft
03/19/2018 03/19/18 Price Changed $849,000 -8.6% $191 / Sq Ft
01/16/2018 01/16/18 For Sale $929,000 -- $209 / 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
2025 $11,999 $643,900 $355,900 $288,000
2024 $12,047 $643,900 $355,900 $288,000
2023 $11,712 $643,900 $355,900 $288,000
2022 $12,219 $674,800 $255,900 $418,900
2021 $10,364 $605,467 $0 $0
2020 $9,729 $536,133 $0 $0
2019 $8,498 $466,800 $255,900 $210,900
2018 $8,327 $466,800 $255,900 $210,900
2017 $7,272 $466,800 $0 $0
2016 $6,986 $472,500 $0 $0
2015 $6,986 $472,233 $0 $0
2014 $6,986 $471,967 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004472537

Bright MLS

APN: 02-101718

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