NOT LISTED FOR SALE

1499 N East St Frederick, MD 21701

Selwyn Farms Neighborhood
-- Bed
-- Bath
17,220 Sq Ft
0.41 Acres

Last Sold June 16, 2017

Last sale price $1,325,000 $77 Per Sq Ft

Highlights

  • 0.41 Acre Lot
  • Dual Staircase
  • Central Air
  • North Frederick Elementary School Rated A-
  • No HOA
  • Baseboard Heating

About This Home

As of June 2017

ALL BRICK APARTMENT BUILDING. FEATURES INCLUDE 16 APARTMENT UNITS HAVING LIVING ROOM, TWO BEDROOMS, ONE BATH ROOM, DINING ROOM AND KITCHEN. EACH UNIT HAS 850 SQUARE FEET WITH CENTRAL AIR AND ELECTRIC BASEBOARD HEAT. THERE IS A LAUNDRY ROOM WITH COIN OPERATED WASHERS AND DRYERS AND OFF STREET PARKING FOR 27 VEHICLES.

Last Agent to Sell the Property

Brian Zimmerman

(301) 639-2761 bzimmerman@cbimove.com Real Estate Innovations Listed on: 03/21/2017

Last Buyer's Agent

Bruce Marsden

(240) 446-5737 Bruce@EXITFREDERICK.COM Prosperity Realty Group, LLC License #532756

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,083

Year Built

  • Built in 1968

Lot Details

  • 0.41 Acre Lot
  • Property is in very good condition

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Dual Staircase
  • Electric Oven or Range

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Exterior Basement Entry

Schools

  • North Frederick Elementary School

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1102032813

Community Details

Overview

  • No Home Owners Association
  • 16 Units

Building Details

  • Operating Expense $27,307

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,083

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1968
  • Remarks Public: ALL BRICK APARTMENT BUILDING. FEATURES INCLUDE 16 APARTMENT UNITS HAVING LIVING ROOM, TWO BEDROOMS, ONE BATH ROOM, DINING ROOM AND KITCHEN. EACH UNIT HAS 850 SQUARE FEET WITH CENTRAL AIR AND ELECTRIC BASEBOARD HEAT. THERE IS A LAUNDRY ROOM WITH COIN OPERATED WASHERS AND DRYERS AND OFF STREET PARKING FOR 27 VEHICLES.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Exhaust Fan, Oven/Range - Electric, Water Heater, Refrigerator
  • Interior Amenities: Double/Dual Staircase
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Connecting Stairway, Full, Fully Finished
  • Price Per Sq Ft: 92.92
  • Street Number Modifier: 1499

Exterior Features

  • Construction Materials: Brick
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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: FREDERICK COUNTY PUBLIC SCHOOLS
  • Elementary School: NORTH FREDERICK
  • School District Key: 121139693024
  • Elementary School: NORTH FREDERICK

Lot Info

  • Improvement Assessed Value: 1096800.00
  • Land Assessed Value: 215800.00
  • Lot Size Acres: 0.41
  • Lot Size Area: 17990
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17990.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: R6
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11499064
  • Tax Annual Amount: 17083.48
  • Assessor Parcel Number: 1102032813
  • Tax Total Finished Sq Ft: 17220
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 06/16/2017

Multi Family

  • Gross Income: 168000.00
  • Operating Expense: 27307.00
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Range of Values:

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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 Change Sq Ft Price
06/16/2017 06/16/17 Sold $1,325,000 -17.2% $77 / Sq Ft
03/23/2017 03/23/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $1,600,000 -- $93 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Brian Zimmerman

    Real Estate Innovations

    Section Image
  • Bruce Marsden

    Buyer's Agent in 2017

    Bruce Marsden

    Prosperity Realty Group, LLC

    (240) 446-5737

    4 Total Sales

    Bruce Marsden
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001219693

Bright MLS
Maryland Frederick County Frederick 21701 Selwyn Farms

1499 N East St, Frederick, MD

This home is located at 1499 N East St, Frederick, MD 21701 since 21 March 2017. This property was built in 1968. 1499 N East St is a home located in Frederick County with nearby schools including North Frederick Elementary School, Gov. Thomas Johnson Middle School, and Gov. Thomas Johnson High School.

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