NOT LISTED FOR SALE

Estimated Value: $95,000 - $125,000

-- Bed
1 Bath
-- Sq Ft
8,233 Sq Ft Lot

Last Sold July 13, 2020

Last sale price $80,000

Est. 32% increase in value since last sale

Current estimated payment $631/month

818 Days on Market

Highlights

  • Wood Flooring
  • 1-Story Property
  • Combination Dining and Living Room
  • No HOA
  • Central Heating and Cooling System
  • 4-minute walk to Louis Armstrong Memorial Park

About This Home

As of July 2020

Great investment opportunity located in the heart of Capitol Heights on St. Charles Avenue. Fully occupied duplex with current tenants, each of which under a standard 1 year lease agreement. Both units are 1 bed, 1 bath with the 1714 unit having a bonus living area. Each unit has original hard flooring throughout with hard tiled kitchen and bathroom. Kitchens come equipped with dishwasher, stove, fridge, and microwave. Each unit has its owner laundry hook-ups and separate backyard. Sound investment to add to your portfolio, call me directly to schedule a private tour of these units today!

Last Agent to Sell the Property

Garrett Smith

Partners Realty License #0106349 Listed on: 04/03/2018

Last Buyer's Agent

LaTarsha Shine

We Shine Realty Experts, LLC. License #0088391

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $819

Lot Details

  • 8,233

Parking

  • 2 Driveway Spaces

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for colling, electric, heating, security deposit required
  • The owner pays for insurance, lawn care, lawn maintenance, maintenance, pest control, water/sewer
  • Assessor Parcel Number 03-10-03-08-02-018-005000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$819

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Design: 1 Story
  • New Construction: No
  • Information: Information Limited, Tax Information
  • Unit Type: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Area Feature: Dining/Living Room Combo
  • Flooring: Hard Tile, Wood
  • Kitchen Feature: Dishwasher, Microwave, Range Electric, Refrigerator, Smooth Surface

Exterior Features

  • Construction: Brick, Wood Siding
  • Driveway: Other
  • Foundation: Conventional
  • Pool: No

Garage/Parking

  • Parking: Driveway

Utilities

  • Cooling: Central Electric
  • Heating: 2 or More Units, Central Electric
  • Sewer: Public Sewer
  • Utilities: Cable TV Access Available, Electric Power, High Speed Internet Access Avail
  • Water: Public
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Parcel Number: 03-10-03-08-02-018-005000

Rental Info

  • Owner Pay: Insurance, Lawn Care, Lawn Maintenance, Maintenance, Pest Control, Water/Sewer
  • Monthly Lease: 925.00
  • Tenant Pay: Colling, Electric, Heating, Security Deposit Required
  • Term Lease: 1 Year

Multi Family

  • Total Units: 2
  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2018
Closed on
Jul 10, 2020
Sold by
Thomas Shirley Lowell and Thomas Susan
Bought by
Ai Dream Builders 2 Llc
Seller's Agent
Garrett Smith
Partners Realty
Buyer's Agent
LaTarsha Shine
We Shine Realty Experts, LLC.
List Price
$100,000
Sold Price
$80,000
Premium/Discount to List
-$20,000
-20%
Current Estimated Value
$105,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,684
Avg. Annual Appreciation
5.36%
Original Mortgage
$64,000
Outstanding Balance
$58,222
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$46,644

Purchase Details

Closed on
May 9, 2011
Sold by
Fannie Mae
Bought by
Thomas Shirley Lowell and Thomas Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2011
Sold by
Ali David R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 18, 2005
Sold by
Galloway Properties Llc
Bought by
Ali David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,170
Interest Rate
5.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ai Dream Builders 2 Llc -- None Available
Thomas Shirley Lowell $30,000 None Available
Federal National Mortgage Association $80,207 None Available
Ali David R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ai Dream Builders 2 Llc $64,000
Previous Owner Thomas Shirley Lowell $24,000
Previous Owner Ali David R $82,170
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2020 07/13/20 Sold $80,000 -20.0% --
06/29/2020 06/29/20 Pending -- -- --
04/03/2018 04/03/18 For Sale $100,000 -- --
Source: Montgomery Area Association of REALTORS®

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 $819 $16,720 $3,000 $13,720
2023 $819 $16,000 $3,000 $13,000
2022 $549 $15,040 $3,000 $12,040
2021 $454 $12,440 $2,400 $10,040
2020 $373 $10,220 $2,400 $7,820
2019 $397 $10,880 $2,400 $8,480
2018 $361 $9,900 $0 $0
2017 $340 $9,320 $2,400 $6,920
2014 $361 $9,880 $2,400 $7,480
2013 -- $9,780 $2,400 $7,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 431144

Montgomery Area Association of REALTORS®

APN: 10-03-08-2-018-005.000