NOT LISTED FOR SALE

13 E Water 13-15 St Smithsburg, MD 21783

Estimated Value: $378,000 - $478,000

-- Bed
-- Bath
4,530 Sq Ft
$94/Sq Ft Est. Value

Last Sold January 16, 2015

Last sale price $110,000 $24 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $2,429/month

Highlights

  • No HOA
  • Smithsburg Middle School Rated A-
  • Baseboard Heating

About This Home

As of January 2015

Located right in downtown Smithsburg. 4 living area rentals and 1 storage area that could be rented out as well. Come check out this investment opportunity to live in one unit and rent the others! Property sold As Is. This is a Fannie Mae HomePath Property.

Last Agent to Sell the Property

Jason Hose

Mackintosh, Inc. Listed on: 10/04/2014

Last Buyer's Agent

James Stoneham

Iron Valley Real Estate of Chambersburg License #5000253

Iron Valley Real Estate of Chambersburg

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1800

Lot Details

  • 0.5

Parking

  • On-Street Parking

Home Design

  • Stucco

Schools

  • Smithsburg Elementary And Middle School

Utilities

  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Exterior Basement Entry
  • 0.5 Acre Lot

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 2207006756

Property Details

Home Type

Multi-Family

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1800
  • Remarks Public: Located right in downtown Smithsburg. 4 living area rentals and 1 storage area that could be rented out as well. Come check out this investment opportunity to live in one unit and rent the others! Property sold As Is. This is a Fannie Mae HomePath Property.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Price Per Sq Ft: 25.83
  • Street Number Modifier: 13

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • 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

Schools

  • School District: WASHINGTON COUNTY PUBLIC SCHOOLS
  • Elementary School: SMITHSBURG
  • Middle School: SMITHSBURG
  • School District Key: 121138761341
  • Elementary School: SMITHSBURG
  • Middle Or Junior School: SMITHSBURG

Lot Info

  • Improvement Assessed Value: 155800.00
  • Land Assessed Value: 58500.00
  • Lot Size Acres: 0.50
  • Lot Size Area: 21780
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21780.00
  • Year Assessed: 2014
  • Zoning: U
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11601973
  • Tax Annual Amount: 2753.76
  • Assessor Parcel Number: 2207006756
  • Tax Total Finished Sq Ft: 4530
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 01/16/2015

Multi Family

  • Vacancy Allowance Rate: 100.00

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2023
Sold by
Barnett Investing Llc
Bought by
Carranza William M
Current Estimated Value
$426,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,117
Outstanding Balance
$362,609
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$63,532

Purchase Details

Listed on
Oct 4, 2014
Closed on
Jan 16, 2015
Sold by
Fannie Mae
Bought by
Barnett Investing Llc
Seller's Agent
Jason Hose
Mackintosh, Inc.
Buyer's Agent
James Stoneham
Iron Valley Real Estate of Chambersburg
List Price
$142,000
Sold Price
$110,000
Premium/Discount to List
-$32,000
-22.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.53%
Original Mortgage
$136,000
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 10, 2014
Sold by
Putnam Wayne E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 2, 1988
Sold by
Perkins Harold R and Perkins Esther V
Bought by
Putman Wayne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,500
Interest Rate
10.16%

Purchase Details

Closed on
Apr 2, 1986
Sold by
Kuhn John C and Kuhn Shirley A
Bought by
Perkins Harold R and Perkins Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
10.1%

Purchase Details

Closed on
Jul 17, 1984
Sold by
Hauver Elwood E
Bought by
Kuhn John C and Kuhn Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,300
Interest Rate
14.68%
Source: Public Records

Range of Values:

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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
Carranza William M $380,000 Premiere Settlement & Title
Carranza William M $380,000 Premiere Settlement & Title
Barnett Investing Llc $110,000 First American Title Ins Co
Federal National Mortgage Association $150,000 None Available
Putman Wayne E $165,000 --
Perkins Harold R $150,000 --
Kuhn John C $37,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carranza William M $373,117
Closed Carranza William M $373,117
Previous Owner Barnett Investing Llc $320,000
Previous Owner Barnett Investing Llc $156,500
Previous Owner Barnett Investing Llc $136,000
Previous Owner Putman Wayne E $143,500
Previous Owner Putman Wayne E $131,500
Previous Owner Perkins Harold R $150,000
Previous Owner Kuhn John C $27,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2015 01/16/15 Sold $110,000 -22.5% $24 / Sq Ft
12/04/2014 12/04/14 Pending -- -- --
10/04/2014 10/04/14 For Sale $142,000 -- $31 / 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 $1,907 $257,133 $0 $0
2024 $1,907 $209,300 $58,500 $150,800
2023 $1,862 $204,367 $0 $0
2022 $1,817 $199,433 $0 $0
2021 $1,819 $194,500 $58,500 $136,000
2020 $1,808 $194,233 $0 $0
2019 $1,814 $193,967 $0 $0
2018 $1,811 $193,700 $58,500 $135,200
2017 $1,811 $193,700 $0 $0
2016 -- $193,700 $0 $0
2015 $2,079 $214,300 $0 $0
2014 $2,079 $214,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003218422

Bright MLS

APN: 07-006756