NOT LISTED FOR SALE
Studio
-- Bath
5,656 Sq Ft
14,810 Sq Ft Lot

Sale Details

Date Sold: August 12, 2021

Last sale price $410,000 $72 Per Sq Ft

464 Days on Market

Highlights

  • City View
  • Wood Flooring
  • 2 Car Detached Garage
  • Traditional Floor Plan
  • No HOA
  • Porch

About This Home

As of August 2021

7 UINT APT BUILDING 3 UNITS completely redone. Seller just spent $92,000 Licensed in the City of Hagerstown & current lead certified. Parking lot in the rear of the building plus a 2 car detached garage. New furnace , new electric meters, 2 new 60 gal. water heaters. Located across from the Herald Mail News paper and a laundromat. A short walk to the Entertainment & Arts district, library and city park .Near public bus line. Three 1 bedroom units,($500., 575 .& 600.) Four 2 bedroom units($700. 800. 800, & 700) and a 2 car garage.($100) Scheduled gross income $ 58,200.00. LEASES available. 48 Hours needed for showings. Qualified buyers only. Owner selling due to age and moved out of the area. NO owner financing. 100% rented Great Investment

Last Agent to Sell the Property

Joan Jernigan

(301) 739-4800 kara@samsonproperties.net Samson Properties Listed on: 02/25/2020

Samson Properties

Last Buyer's Agent

Jessica Smith

(888) 860-7369 md.broker@exprealty.net EXP Realty, LLC License #681514

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,842

Year Built

  • Built in 1900 | Remodeled in 2020

Lot Details

  • 15,000 Sq Ft Lot
  • Lot Dimensions are 57x200
  • Infill Lot
  • Stone Retaining Walls
  • Level Lot
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • 6 Open Parking Spaces
  • Free Parking
  • Rear-Facing Garage
  • Gravel Driveway
  • On-Street Parking
  • Parking Lot

Property Views

  • City
  • Mountain

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Plaster Walls
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • Traditional Floor Plan
  • Bay Window
  • Combination Kitchen and Dining Room
  • Improved Basement

Kitchen

  • Kitchen in Efficiency Studio
  • Electric Oven or Range

Flooring

  • Wood
  • Tile or Brick
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Outbuilding
  • Porch

Schools

  • Bester Elementary School
  • E Russell Hicks Middle School
  • South Hagerstown High School

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • The owner pays for gas, heat, management, sewer, real estate taxes, water, insurance, trash collection
  • Assessor Parcel Number 2203008711

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 4-Story Building
  • Hagerstown Subdivision

Building Details

  • Income includes apartment rentals, parking
  • Insurance Expense $4,484
  • Operating Expense $17,704
  • Gross Income $58,200
  • Net Operating Income $38,825

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,842

Year Built

Built in 1900 | Remodeled in 2020

Lot Details

0.34 Acres

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Flooring Type: Hardwood, Vinyl, Tile/Brick
  • Interior Amenities: Combination Kitchen/Dining, Floor Plan - Traditional, Kitchen - Efficiency, Wood Floors
  • Window Features: Bay/Bow
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls, Dry Wall
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Improved
  • Total Sq Ft: 6156
  • Living Area Sq Ft: 5656
  • Price Per Sq Ft: 81.64
  • Above Grade Finished Sq Ft: 5206
  • Below Grade Finished Sq Ft: 450
  • Below Grade Sq Ft: 500
  • Total Below Grade Sq Ft: 950
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick
  • Exterior Features: Stone Retaining Walls, Street Lights, Sidewalks, Outbuilding(s)
  • Road Surface Type: Paved
  • Roof: Rubber, Shingle
  • Spa: No
  • View: Mountain, Street, City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 6
  • Parking Features: Free, Gravel Driveway, Private
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage, Parking Lot, On Street
  • Parking Lot Number Of Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Previous Twelve Months Electric Expense: 1104.00
  • Gas Avg Month: 153.00
  • Gas Prev12 Months: 1836.00
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator, Steam
  • Heating: Yes
  • Hot Water: Electric
  • Pest Control Expense: 1140.00
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Previous Twelve Months: 3431.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: BESTER
  • High School: SOUTH HAGERSTOWN
  • Middle Or Junior School: E RUSSELL HICKS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 169200.00
  • Land Assessed Value: 90000.00
  • Lot Features: Sloping, Level
  • Lot Size Acres: 0.34
  • Lot Dimensions: 57x200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15000.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Zoning: RMED
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Owner Pays: Gas, Heat, Management, Sewer, Taxes - Real Estate, Water, Insurance, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 58200.00
  • Units Leased Count: 7
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11594187
  • Tax Annual Amount: 4842.00
  • Assessor Parcel Number: 2203008711
  • Tax Page Number: 0807
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

Multi Family

  • Gross Income: 58200.00
  • Gross Scheduled Income: 58200.00
  • Income Includes: Apartment Rentals, Parking
  • Operating Expense: 17704.00
  • Other Units: Unit 1,Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS
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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 List to Sale Price per Sq Ft
08/12/2021 08/12/21 Sold $410,000 -3.5% $72 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $425,000 0.0% $75 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
04/23/2020 04/23/20 Price Changed $425,000 +11.9% $75 / Sq Ft
02/25/2020 02/25/20 For Sale $379,900 0.0% $67 / Sq Ft
09/26/2016 09/26/16 Rented $450 -10.0% --
09/25/2016 09/25/16 Under Contract -- -- --
08/12/2016 08/12/16 For Rent $500 -- --
Source: Bright MLS

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 $3,241 $404,000 $90,000 $314,000
2024 $3,241 $355,733 $0 $0
2023 $2,813 $307,467 $0 $0
2022 $2,361 $259,200 $90,000 $169,200
2021 $2,608 $252,700 $0 $0
2020 $2,241 $246,200 $0 $0
2019 $2,241 $239,700 $90,000 $149,700
2018 $2,474 $239,700 $90,000 $149,700
2017 $2,242 $239,700 $0 $0
2016 -- $239,800 $0 $0
2015 $5,402 $239,800 $0 $0
2014 $5,402 $239,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWA170286

Bright MLS

APN: 03-008711

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