NOT LISTED FOR SALE

1553 Crest View Ave Hagerstown, MD 21740

Estimated Value: $269,000 - $307,398

-- Bed
2 Baths
1,920 Sq Ft
$147/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $265,000 $138 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,693/month

101 Days on Market

Highlights

  • Traditional Architecture
  • Ruth Ann Monroe Primary School Rated A-
  • Electric Baseboard Heater

About This Home

As of June 2024

Investment Opportunity: Welcome to an investor's dream! This fully occupied duplex features two cozy 2-bedroom, 1-bath units, each currently rented for $925. With similar units in the area renting for $1,250 per month, this property offers immediate returns on your investment. Don't miss out on this fantastic opportunity. Contact us today to learn more!

Last Agent to Sell the Property

Roberto Gonzalez

RG Realty, Inc. License #598229 Listed on: 02/03/2024

Last Buyer's Agent

Craig Marsh

Marsh Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,478

Year Built

  • Built in 1982

Lot Details

  • 6,839 Sq Ft Lot
  • Property is in good condition

Home Design

  • 1,920 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Permanent Foundation
  • Shingle Roof

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Schools

  • E. Russell Hicks Middle School
  • South Hagerstown Sr High School

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 2210011566

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,478

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1982
  • Automatically Close On Close Date: No
  • Remarks Public: Investment Opportunity: Welcome to an investor's dream! This fully occupied duplex features two cozy 2-bedroom, 1-bath units, each currently rented for $925. With similar units in the area renting for $1,250 per month, this property offers immediate returns on your investment. Don't miss out on this fantastic opportunity. Contact us today to learn more!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Permanent
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1920
  • Price Per Sq Ft: 153.65
  • Above Grade Finished Sq Ft: 1920
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1553

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: WASHINGTON COUNTY PUBLIC SCHOOLS
  • Middle School: E. RUSSELL HICKS SCHOOL
  • High School: SOUTH HAGERSTOWN SR
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138761341
  • School District Source: 3rd Party
  • High School: SOUTH HAGERSTOWN SR
  • Middle Or Junior School: E. RUSSELL HICKS SCHOOL

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6839.00
  • Property Condition: Good
  • Year Assessed: 2023
  • Zoning: RU
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1478.00
  • Assessor Parcel Number: 2210011566
  • Tax Lot: 55
  • Tax Total Finished Sq Ft: 1920
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/14/2024

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2024
Closed on
Jun 12, 2024
Sold by
Mortgage Co Llc
Bought by
Simhon Itamar
Seller's Agent
Roberto Gonzalez
RG Realty, Inc.
Buyer's Agent
Craig Marsh
Marsh Realty
List Price
$325,000
Sold Price
$265,000
Premium/Discount to List
-$60,000
-18.46%
Views
59
Current Estimated Value
$281,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,600
Avg. Annual Appreciation
6.20%
Original Mortgage
$198,750
Outstanding Balance
$197,106
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$84,494

Purchase Details

Closed on
Dec 23, 2008
Sold by
Rider David R Contractor Inc
Bought by
Mtg Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2008
Sold by
Rider David R Contractor Inc
Bought by
Mtg Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 1982
Sold by
Kinsey Leon G
Bought by
Washington County Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
16.63%
Source: Public Records

Range of Values:

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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
Simhon Itamar $265,000 None Listed On Document
Mtg Llc $550,000 --
Mtg Llc $550,000 --
Washington County Properties $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simhon Itamar $198,750
Previous Owner Mtg Llc $935,000
Previous Owner Mtg Llc $375,000
Previous Owner David R Rider Contractor Inc $1,000,000
Previous Owner Washington County Properties $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $265,000 -10.2% $138 / Sq Ft
05/03/2024 05/03/24 Price Changed $295,000 -9.2% $154 / Sq Ft
02/03/2024 02/03/24 For Sale $325,000 -- $169 / 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
2024 $1,485 $143,400 $51,000 $92,400
2023 $1,478 $142,100 $0 $0
2022 $1,458 $140,800 $0 $0
2021 $1,479 $139,500 $51,000 $88,500
2020 $1,468 $139,100 $0 $0
2019 $1,470 $138,700 $0 $0
2018 $1,466 $138,300 $51,000 $87,300
2017 $1,460 $137,700 $0 $0
2016 -- $137,100 $0 $0
2015 -- $136,500 $0 $0
2014 $1,716 $136,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWA2020012

Bright MLS

APN: 10-011566