NOT LISTED FOR SALE

14 E Washington St Hagerstown, MD 21740

Central Neighborhood

Estimated Value: $369,639

Studio
-- Bath
7,320 Sq Ft
$50/Sq Ft Est. Value

Last Sold January 06, 2017

Last sale price $200,000 $27 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,128/month

497 Days on Market

Highlights

  • No HOA
  • Ruth Ann Monroe Primary School Rated A-
  • Hot Water Heating System

About This Home

As of January 2017

REDUCED PRICE-Great Location! Downtown Hagerstown Arts & Entertainment District, all brick Mixed Use 6 Unit commercial building, 4 residential Apts consist of 2 Bed one bath and two commercial store fronts, all units currently leased, very nice size units, all new replacement windows, rubber roof, new furnace, owner wants to retire, bring all offers

Last Agent to Sell the Property

Roberto Gonzalez

(240) 203-6393 roberto@rgrealtyinc.com RG Realty, Inc. License #598229 Listed on: 04/23/2015

Last Buyer's Agent

Roberto Gonzalez

(240) 203-6393 roberto@rgrealtyinc.com RG Realty, Inc. License #598229 Listed on: 04/23/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,511

Year Built

  • Built in 1900

Lot Details

  • 3,362

Home Design

  • Brick Exterior Construction

Parking

  • Public Parking
  • On-Street Parking

Utilities

  • Radiator
  • Heating System Uses Oil
  • Hot Water Heating System
  • Oil Water Heater

Additional Features

  • Exterior Basement Entry
  • 3,362 Sq Ft Lot

Listing and Financial Details

  • The owner pays for insurance, real estate taxes
  • Tax Lot 41
  • Assessor Parcel Number 2222010913

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Downtown Hagerstown Subdivision

Building Details

  • Operating Expense $15,300
  • Net Operating Income $24,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,511

Year Built

Built in 1900

Lot Details

3,362 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Price Per Sq Ft: 33.47

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
  • Parking Features: Public
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 196100.00
  • Land Assessed Value: 50000.00
  • Lot Size Acres: 0.08
  • Lot Size Area: 3362
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3362.00
  • Zoning: CCMU
  • In City Limits: Yes

Rental Info

  • Owner Pays: Insurance, Taxes - Real Estate
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11621833
  • Tax Annual Amount: 4511.01
  • Assessor Parcel Number: 2222010913
  • Tax Lot: 41
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Multi Family

  • Gross Income: 39600.00
  • Operating Expense: 15300.00

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2023
Sold by
Myers Terry L and Myers Cynthia
Bought by
Myers Terry L and Myers Brent Adam
Current Estimated Value
$369,639

Purchase Details

Listed on
Apr 23, 2015
Closed on
Jan 6, 2017
Sold by
Gearhart Charlene K
Bought by
14 East Washington Investors Of Maryland
Seller's Agent
Roberto Gonzalez
RG Realty, Inc.
Buyer's Agent
Roberto Gonzalez
RG Realty, Inc.
List Price
$265,500
Sold Price
$200,000
Premium/Discount to List
-$65,500
-24.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$100,000
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 18, 2001
Sold by
Gearhart Robert E and Gearhart Charlene K
Bought by
Gearhart Charlene K

Purchase Details

Closed on
Aug 30, 1983
Sold by
Pennesi Antonio
Bought by
Gearhart Robert E and Gearhart Charlene K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
13.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Myers Terry L -- Lincoln Title
14 East Washington Investors Of Maryland $200,000 Premier Settlements & Title
Gearhart Charlene K -- --
Gearhart Robert E $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 14 East Washington Investors Of Maryland $100,000
Previous Owner Gearhart Robert E $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2017 01/06/17 Sold $200,000 0.0% $27 / Sq Ft
10/01/2016 10/01/16 Off Market $200,000 -- --
09/01/2016 09/01/16 Pending -- -- --
04/23/2015 04/23/15 For Sale $265,500 -- $36 / Sq Ft
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 $2,461 $270,100 $50,000 $220,100
2024 $2,461 $270,100 $50,000 $220,100
2023 $2,461 $270,100 $50,000 $220,100
2022 $2,507 $275,200 $50,000 $225,200
2021 $2,625 $261,933 $0 $0
2020 $2,315 $248,667 $0 $0
2019 $2,201 $235,400 $50,000 $185,400
2018 $2,201 $235,400 $50,000 $185,400
2017 $2,201 $235,400 $0 $0
2016 -- $246,100 $0 $0
2015 -- $246,100 $0 $0
2014 $5,879 $246,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Roberto Gonzalez

    Seller's Agent in 2017

    Roberto Gonzalez

    RG Realty, Inc.

    (301) 991-0207

    84 in this area

    180 Total Sales

    Roberto Gonzalez
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Map

Source: Bright MLS

MLS Number: 1003735753

Bright MLS

APN: 22-010913

Maryland Washington County Hagerstown 21740 Central

14 E Washington St, Hagerstown, MD

Not Listed for Sale

MultiFamily

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