NOT LISTED FOR SALE

1509 Nicodemus Rd New Windsor, MD 21776

Estimated Value: $567,641 - $813,000

-- Bed
8 Baths
6,720 Sq Ft
$106/Sq Ft Est. Value

Last Sold August 01, 2017

Last sale price $400,000 $60 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,511/month

1 Day on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Double Pane Windows
  • Landscaped

About This Home

As of August 2017

GREAT REHAB PROJECT... 8 units, 2 currently occupied (month to month and tenants want to stay). Built on slabs, all duplexes are 2 BR, BA, Kitchen w/ Laundry and LR. Some units were partially updated in last 5 years. 4 Duplexes, 8 units, 2 wells, shared septic (updated approx. 10 yrs). Great Income potential, $900 each unit. Built in 1972, 4.25 acres. Sold strictly "AS IS". Address 1509-1525

Last Agent to Sell the Property

Darlene Kegel

Cummings & Co. Realtors License #502576 Listed on: 04/24/2017

Cummings & Co. Realtors

Last Buyer's Agent

Darlene Kegel

Cummings & Co. Realtors License #502576 Listed on: 04/24/2017

Cummings & Co. Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,247

Year Built

  • Built in 1972

Lot Details

  • 4.25 Acre Lot
  • Landscaped
  • Property is in below average condition

Home Design

  • Duplex
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Double Pane Windows
  • Stove

Laundry

  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • Shared Driveway
  • Off-Street Parking

Schools

  • New Windsor Middle School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Shared Well
  • Electric Water Heater
  • Shared Septic

Listing and Financial Details

  • The owner pays for insurance, real estate taxes, management, personal property taxes
  • Tax Lot 1
  • Assessor Parcel Number 0711000800

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • Operating Expense $9,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,247

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1972
  • Remarks Public: GREAT REHAB PROJECT... 8 units, 2 currently occupied (month to month and tenants want to stay). Built on slabs, all duplexes are 2 BR, BA, Kitchen w/ Laundry and LR. Some units were partially updated in last 5 years. 4 Duplexes, 8 units, 2 wells, shared septic (updated approx. 10 yrs). Great Income potential, $900 each unit. Built in 1972, 4.25 acres. Sold strictly "AS IS". Address 1509-1525
  • Special Assessment Payment: Annually
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dryer, Refrigerator, Washer, Stove
  • Window Features: Double Pane
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Basement: No
  • Price Per Sq Ft: 66.96
  • Street Number Modifier: 1509

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Shared Driveway, Gravel Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Shared Septic
  • Water Source: Well-Shared

Condo/Co-op/Association

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

Schools

  • School District: CARROLL COUNTY PUBLIC SCHOOLS
  • Middle School: NEW WINDSOR
  • School District Key: 121139051837
  • Middle Or Junior School: NEW WINDSOR

Lot Info

  • Improvement Assessed Value: 381600.00
  • Land Assessed Value: 262500.00
  • Lot Features: Landscaping
  • Lot Size Acres: 4.25
  • Lot Size Area: 185130
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 185130.00
  • Property Attached Yn: Yes
  • Property Condition: Below Average
  • Year Assessed: 2017
  • Zoning: RS

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Insurance, Taxes - Real Estate, Management, Taxes - Personal Property
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11480939
  • Tax Annual Amount: 7247.17
  • Assessor Parcel Number: 0711000800
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 6720
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 08/01/2017

Multi Family

  • Gross Income: 1.00
  • Metering: Electric Separate, Fully Separate
  • Operating Expense: 9500.00
  • Vacancy Allowance Rate: 0.75

MLS Schools

  • School District Name: CARROLL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2017
Closed on
Aug 1, 2017
Sold by
Clark Amy Coffman and Rolincik Lavonne Coffman
Bought by
Clark Amy Coffman and Rolincik Lavonne Coffman
Seller's Agent
Darlene Kegel
Cummings & Co. Realtors
Buyer's Agent
Darlene Kegel
Cummings & Co. Realtors
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Current Estimated Value
$696,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,158
Avg. Annual Appreciation
5.86%
Original Mortgage
$475,000
Outstanding Balance
$401,048
Interest Rate
3.96%
Mortgage Type
Commercial
Estimated Equity
$230,828

Purchase Details

Closed on
May 21, 1999
Sold by
Mckinley Coffman H
Bought by
Mckinley Coffman H

Purchase Details

Closed on
Jan 2, 1987
Sold by
Dimick Frank E
Bought by
Coffman H Mckinley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
9.37%
Source: Public Records

Range of Values:

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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
Clark Amy Coffman $400,000 Lakeside Title Co
Mckinley Coffman H -- --
Coffman H Mckinley $329,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Amy Coffman $475,000
Closed Spring Meadow Properties Llc $475,000
Previous Owner Coffman H Mckinley $263,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2017 08/01/17 Sold $400,000 -11.1% $60 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $450,000 -- $67 / 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 $8,383 $753,167 $0 $0
2024 $8,383 $705,700 $262,500 $443,200
2023 $7,917 $700,633 $0 $0
2022 $7,849 $695,567 $0 $0
2021 $7,792 $690,500 $262,500 $428,000
2020 $7,619 $675,033 $0 $0
2019 $7,513 $659,567 $0 $0
2018 $7,273 $644,100 $262,500 $381,600
2017 $7,228 $640,067 $0 $0
2016 -- $636,033 $0 $0
2015 -- $632,000 $0 $0
2014 -- $632,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000432231

Bright MLS

APN: 11-000800