NOT LISTED FOR SALE

20 W Franklin St Hagerstown, MD 21740

Central Neighborhood

Estimated Value: $488,043

-- Bed
-- Bath
8,400 Sq Ft
$58/Sq Ft Est. Value

Last Sold April 01, 2016

Last sale price $250,000 $30 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,743/month

About This Home

As of April 2016

Investor Alert. Beautiful brick building in prime downtown location. 9 total units, 8 residential & 1 commercial.

Last Agent to Sell the Property

Russell Brazil

(301) 893-4635 russell@russellbrazil.com RLAH @properties Listed on: 02/10/2016

RLAH @properties

Last Buyer's Agent

Roberto Gonzalez

(301) 991-0207 roberto@rgrealtyinc.com RG Realty, Inc. License #598229

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,675

Year Built

  • Built in 1900

Lot Details

  • 3,690 Sq Ft Lot

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction

Schools

  • Eastern Elementary School
  • Northern Middle School
  • North Hagerstown High School

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • 9 Units
  • Downtown Hagerstown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2225009509

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,675

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Price Per Sq Ft: 30.64

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: EASTERN
  • High School: NORTH HAGERSTOWN
  • Middle Or Junior School: NORTHERN

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 237100.00
  • Land Assessed Value: 60000.00
  • Lot Size Acres: 0.08
  • Lot Size Area: 3690
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3690.00
  • Zoning: CCMU
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11625403
  • Tax Annual Amount: 5675.21
  • Assessor Parcel Number: 2225009509
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Metering: Electric Separate
  • Vacancy Allowance Rate: 44.00

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2019
Sold by
Rachor R
Bought by
Miller S J and La Mejor Tienda Internacional Hagerstown
Current Estimated Value
$488,043

Purchase Details

Closed on
Dec 23, 2016
Sold by
Franklin Project Llc
Bought by
Hagerstown Franklin 20 West Trust and Rachor R

Purchase Details

Listed on
Feb 10, 2016
Closed on
Mar 30, 2016
Sold by
Nguyen Vuong Linh and Phan Trinh Thi Nguyen
Bought by
Franklin Project Llc
Seller's Agent
Russell Brazil
RLAH @properties
Buyer's Agent
Roberto Gonzalez
RG Realty, Inc.
List Price
$257,400
Sold Price
$250,000
Premium/Discount to List
-$7,400
-2.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%

Purchase Details

Closed on
Jun 29, 2012
Sold by
Verzi David Eugene
Bought by
Nguyen Vuong Linh and Phan Trinh Thi Nguyen

Purchase Details

Closed on
Jun 28, 2002
Sold by
Beachley Furniture Co Inc
Bought by
Thi Nguyen Ange Hoa

Purchase Details

Closed on
Mar 1, 1983
Sold by
Wolf Robert A
Bought by
Beachley Furniture Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
12.98%
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
Miller S J -- Premier Settlements
Hagerstown Franklin 20 West Trust -- None Available
Franklin Project Llc $250,000 Premier Settlements & Title
Nguyen Vuong Linh -- None Available
Thi Nguyen Ange Hoa $170,000 --
Beachley Furniture Co Inc $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beachley Furniture Co Inc $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2016 04/01/16 Sold $250,000 -2.9% $30 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $257,400 -- $31 / 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 $2,199 $241,500 $50,000 $191,500
2024 $2,199 $241,367 $0 $0
2023 $2,198 $241,233 $0 $0
2022 $2,196 $241,100 $50,000 $191,100
2021 $2,488 $241,100 $50,000 $191,100
2020 $2,244 $241,100 $50,000 $191,100
2019 $2,272 $243,000 $50,000 $193,000
2018 $2,501 $242,367 $0 $0
2017 $2,918 $241,733 $0 $0
2016 -- $241,100 $0 $0
2015 $6,325 $307,100 $0 $0
2014 $6,325 $302,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Russell Brazil

    Seller's Agent in 2016

    Russell Brazil

    Real Living at Home

    (301) 893-4635

    130 Total Sales

    Russell Brazil
    Section Image
  • Roberto Gonzalez

    Buyer's Agent in 2016

    Roberto Gonzalez

    RG Realty, Inc.

    (301) 991-0207

    87 in this area

    191 Total Sales

    Roberto Gonzalez
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003739157

Bright MLS

APN: 25-009509

Maryland Washington County Hagerstown 21740 Central

20 W Franklin St, Hagerstown, MD

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