NOT LISTED FOR SALE

141 King St Hagerstown, MD 21740

Central Neighborhood

Estimated Value: $200,000 - $237,000

Studio
1 Bath
2,528 Sq Ft
$87/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $122,000 $48 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,268/month

55 Days on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • 4-minute walk to Hager Park
  • 2 Car Detached Garage
  • Radiator

About This Home

As of February 2020

LOOKING FOR POSITIVE CASH FLOW! Have you ever considered rental property as an investment? Nice turn-key renovated duplex, Fully occupied . Great addition to your real estate portfolio or new investor. Can be sold as a portfolio with 245 N Potomac, 619 W Franklin, 616 W Franklin, 617 N Mulberry and 433 George st for a total of 23 units, call for additional details

Last Agent to Sell the Property

Roberto Gonzalez

(240) 203-6393 roberto@rgrealtyinc.com RG Realty, Inc. License #598229 Listed on: 11/15/2019

Last Buyer's Agent

James Mosby

(301) 797-2300 james.mosby@lnf.com Long & Foster Real Estate, Inc. License #643107

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,465

Year Built

  • Built in 1903

Lot Details

  • 5,125 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage
  • On-Street Parking

Home Design

  • 2,528 Sq Ft Home
  • Duplex
  • Side-by-Side
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 2217002333

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,465

Year Built

Built in 1903

Lot Details

5,125 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1903
  • Special Features: None

Interior Features

  • Basement: Yes
  • Total Sq Ft: 2528
  • Living Area Sq Ft: 2528
  • Price Per Sq Ft: 51.03
  • Above Grade Finished Sq Ft: 2528
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 87300.00
  • Land Assessed Value: 40000.00
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5125.00
  • Zoning: RO
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11617348
  • Tax Annual Amount: 2465.00
  • Assessor Parcel Number: 2217002333
  • Tax Lot: 18
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2019
Closed on
Feb 28, 2020
Sold by
Sharma Angela
Bought by
Iron Bridge Home Rentals Llc
Seller's Agent
Roberto Gonzalez
RG Realty, Inc.
Buyer's Agent
James Mosby
Long & Foster Real Estate, Inc.
List Price
$129,000
Sold Price
$122,000
Premium/Discount to List
-$7,000
-5.43%
Current Estimated Value
$220,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,930
Avg. Annual Appreciation
10.46%
Original Mortgage
$103,700
Outstanding Balance
$92,015
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$128,915

Purchase Details

Listed on
Aug 18, 2018
Closed on
Nov 29, 2018
Sold by
Shemin Alexander and 141 143 King Street Trust
Bought by
Sharma Angela
Seller's Agent
Roberto Gonzalez
RG Realty, Inc.
Buyer's Agent
Roberto Gonzalez
RG Realty, Inc.
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$80,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2016
Sold by
Mek Properties Group Llc
Bought by
Shemin Alexander and 141-143 King Street Trust

Purchase Details

Closed on
Oct 27, 2014
Sold by
Clark Beverly J and Clark Michael Shawn
Bought by
Mek Properties Group Llc

Purchase Details

Closed on
Feb 16, 1984
Sold by
Clark Walter S
Bought by
Clark Beverly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,900
Interest Rate
13.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Iron Bridge Home Rentals Llc -- Olde Towne Title Inc
Sharma Angela $115,000 Premier Settlements & Title
Shemin Alexander $62,000 Premier Settlements & Title
Mek Properties Group Llc $55,000 Premier Settlements & Title
Clark Beverly J $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iron Bridge Home Rentals Llc $103,700
Previous Owner Sharma Angela $80,500
Previous Owner Clark Beverly J $31,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2020 02/28/20 Sold $122,000 -5.4% $48 / Sq Ft
01/09/2020 01/09/20 Pending -- -- --
11/15/2019 11/15/19 For Sale $129,000 +12.2% $51 / Sq Ft
11/16/2018 11/16/18 Sold $115,000 -11.5% $45 / Sq Ft View Prior Sale
10/07/2018 10/07/18 Pending -- -- --
08/18/2018 08/18/18 For Sale $129,900 -- $51 / 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 $1,565 $197,600 $40,000 $157,600
2024 $1,565 $171,833 $0 $0
2023 $1,337 $146,067 $0 $0
2022 $1,096 $120,300 $40,000 $80,300
2021 $1,205 $120,300 $40,000 $80,300
2020 $1,120 $120,300 $40,000 $80,300
2019 $1,190 $127,300 $40,000 $87,300
2018 $1,276 $127,300 $40,000 $87,300
2017 $1,193 $127,300 $0 $0
2016 -- $127,600 $0 $0
2015 $3,731 $137,000 $0 $0
2014 $3,731 $137,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Roberto Gonzalez

    Seller's Agent in 2020

    Roberto Gonzalez

    RG Realty, Inc.

    (301) 991-0207

    83 in this area

    180 Total Sales

    Roberto Gonzalez
    Section Image
  • James Mosby

    Buyer's Agent in 2020

    James Mosby

    Long & Foster

    (703) 256-6999

    2 in this area

    60 Total Sales

    James Mosby
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWA169182

Bright MLS

APN: 17-002333

Maryland Washington County Hagerstown 21740 Central

141 King St, Hagerstown, MD

Not Listed for Sale

MultiFamily

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