NOT LISTED FOR SALE

Estimated Value: $218,629

Studio
4 Baths
2,858 Sq Ft
$76/Sq Ft Est. Value

Sale Details

Date Sold: October 28, 2022

Last sale price $190,000 $66 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,350 / mo

7 Days on Market

Highlights

  • Wood Flooring
  • Electric Baseboard Heater
  • Historic Home
  • Farmhouse Style Home

About This Home

As of October 2022

Welcome to this beautiful triplex in the heart of Frostburg's Main Street. This quaint, three-unit building features generous-sized bedrooms, off-street parking, and each are equipped with refrigerator and stove. Tenants are responsible for individual units' Electricity and Internet/Cable services. Short drive to Frostburg University, local shops and dining. Units 3 & 4 are rented. Unit 2 under extensive renovations. The large, two level unit has 3 bedrooms, 2 full baths, laundry room and a potential 4th bathroom with potential 3rd bathroom. The upper two units are both spacious 1 bedroom units with original hardwood floors.

Last Agent to Sell the Property

Catherine Burke

(410) 989-9896 catherinesellsmd@gmail.com Iron Valley Real Estate of Central MD License #SP200205553 Listed on: 09/08/2022

Iron Valley Real Estate of Central MD

Last Buyer's Agent

Debbie Grimm

(240) 979-4660 grimedy77@gmail.com Perry Wellington Realty, LLC License #71388

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,511

Year Built

  • Built in 1880

Lot Details

  • 1,500 Sq Ft Lot
  • Historic Home
  • Property is in good condition

Home Design

  • 2,858 Sq Ft Home
  • Triplex
  • Farmhouse Style Home
  • Brick Exterior Construction
  • Block Foundation
  • Metal Roof

Kitchen

  • Electric Oven or Range

Flooring

  • Wood
  • Carpet

Parking

  • On-Street Parking
  • Parking Lot

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Basement

Community Details

  • 3 Units
  • Gross Income $20,407

Listing and Financial Details

  • The owner pays for electricity, lawn/shrub care, pest control, repairs, sewer, snow removal, supplies, real estate taxes, water
  • Assessor Parcel Number 0112008767

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,511

Year Built

Built in 1880

Lot Details

1,500 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Historic: Yes
  • Inclusions: All Appliances As Is
  • New Construction: No
  • Expected On Market: 2022-09-10
  • Year Built: 1880
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Flooring Type: Carpet, Hardwood
  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Total Sq Ft: 2858
  • Living Area Sq Ft: 2858
  • Price Per Sq Ft: 66.45
  • Above Grade Finished Sq Ft: 2858
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Metal
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot, On Street

Utilities

  • Central Air Conditioning: No
  • Previous Twelve Months Electric Expense: 780.00
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: lot size is an estimate
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1500.00
  • Property Condition: Good
  • Zoning: C3
  • In City Limits: No

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Owner Pays: Electricity, Lawn/Shrub Care, Pest Control, Repairs, Sewer, Snow Removal, Supplies, Taxes - Real Estate, Water
  • Total Actual Rent: 26400.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Gross Scheduled Income: 20407.20
  • Vacancy Allowance Rate: 22.70

Tax Info

  • Assessor Parcel Number: 14923249
  • Tax Annual Amount: 2511.00
  • Assessor Parcel Number: 0112008767
  • Tax Year: 2020

MLS Schools

  • School District Name: ALLEGANY 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
Sep 8, 2022
Closed on
Oct 27, 2022
Sold by
Bought by
Seller's Agent
Catherine Burke
Iron Valley Real Estate of Central MD
Buyer's Agent
Debbie Grimm
Perry Wellington Realty, LLC
List Price
$189,900
Sold Price
$190,000
Premium/Discount to List
$100
0.05%
Views
24
Current Estimated Value
$218,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,629
Avg. Annual Appreciation
3.80%
Original Mortgage
$95,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2022
Sold by
Bought by

Purchase Details

Listed on
Oct 10, 2020
Closed on
Nov 20, 2020
Sold by
Bought by
Seller's Agent
Heather Brailer
Charis Realty Group
Buyer's Agent
Catherine Burke
Iron Valley Real Estate of Central MD
List Price
$135,000
Sold Price
$120,000
Premium/Discount to List
-$15,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.12%
Original Mortgage
$90,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2004
Sold by
Bought by

Purchase Details

Closed on
Nov 28, 2001
Sold by
Bought by

Purchase Details

Closed on
Oct 29, 2001
Sold by
Bought by

Purchase Details

Closed on
Oct 6, 1999
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Frostburg, MD

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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
$190,000 --
-- --
$120,000 None Available
$90,000 --
$45,000 --
-- --
-- --
-- --
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
Previous Owner $95,000
Previous Owner $90,000
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 Prior Sale
10/28/2022 10/28/22 Sold $190,000 +0.1% $66 / Sq Ft
09/17/2022 09/17/22 For Sale $189,900 -0.1% $66 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
09/15/2022 09/15/22 Off Market $190,000 -- --
09/08/2022 09/08/22 For Sale $189,900 0.0% $66 / Sq Ft
09/08/2022 09/08/22 Price Changed $189,900 +58.3% $66 / Sq Ft
11/23/2020 11/23/20 Sold $120,000 -11.1% $42 / Sq Ft View Prior Sale
10/19/2020 10/19/20 Pending -- -- --
10/10/2020 10/10/20 For Sale $135,000 -- $47 / 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 $1,753 $172,900 $14,800 $158,100
2024 $1,694 $164,467 $0 $0
2023 $1,576 $156,033 $0 $0
2022 $1,493 $147,600 $14,800 $132,800
2021 $1,502 $147,600 $14,800 $132,800
2020 $1,448 $147,600 $14,800 $132,800
2019 $1,469 $148,500 $14,800 $133,700
2018 $1,477 $148,500 $14,800 $133,700
2017 $1,473 $148,500 $0 $0
2016 $1,488 $152,900 $0 $0
2015 $1,498 $152,900 $0 $0
2014 $1,498 $152,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAL2004242

Bright MLS

APN: 12-008767

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