NOT LISTED FOR SALE
Studio
-- Bath
5,440 Sq Ft
0.7 Acre Lot

Sale Details

Date Sold: November 10, 2023

Last sale price $486,000 $89 Per Sq Ft

31 Days on Market

Highlights

  • Water Oriented
  • Window Unit Cooling System
  • Radiator
  • 0.7 Acre Lot

About This Home

As of November 2023

GREAT CASH FLOWING 8 UNIT APARTMENT BUILDING IN DENTON! SEVEN OF EIGHT UNITS OCCUPIED AND THE THE BUILDING CURRENTLY GROSSES $57,000. POTENTIAL GROSS INCOME OF $71,000 PLUS AT FULL OCCUPANCY. VACANT UNIT RECENTLY UPDATED AND AVAILABLE FOR RENT. BUILDING IS LEAD FREE.

Last Agent to Sell the Property

Joe Avampato

(443) 981-8000 josephavampato@gmail.com Alberti Realty, LLC License #RS-0037117 Listed on: 09/29/2023

Last Buyer's Agent

Lois Alberti

(443) 981-8000 loismalberti@gmail.com Alberti Realty, LLC License #667696

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,472

Year Built

  • Built in 1960

Lot Details

  • 30,654 Sq Ft Lot

Home Design

  • 5,440 Sq Ft Home
  • Block Foundation

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Parking Lot

Outdoor Features

  • Water Oriented
  • River Nearby

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 4 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Assessor Parcel Number 0603020509

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,472

Year Built

Built in 1960

Lot Details

0.7 Acres

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-10-02
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Total Sq Ft: 5440
  • Living Area Sq Ft: 5440
  • Price Per Sq Ft: 119.49
  • Above Grade Finished Sq Ft: 5440
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block
  • Water Access: No
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 8

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.70
  • Lot Dimensions: 298.00 x
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 30654.00
  • Zoning: MR
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5472.00
  • Assessor Parcel Number: 0603020509
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: CAROLINE COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Nov 10, 2023
Sold by
Bought by
Seller's Agent
Joe Avampato
Alberti Realty, LLC
Buyer's Agent
Lois Alberti
Alberti Realty, LLC
List Price
$650,000
Sold Price
$486,000
Premium/Discount to List
-$164,000
-25.23%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.79%

Purchase Details

Closed on
Jan 30, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2017
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$850,000 Terrain Title
$395,000 Rextar Title Services
$425,000 Eastern Shore Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $825,000
Closed $70,000
Closed $150,000
Previous Owner $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/10/2023 11/10/23 Sold $486,000 -25.2% $89 / Sq Ft
09/29/2023 09/29/23 For Sale $650,000 -- $119 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,531 $327,400 $56,600 $270,800
2024 $5,531 $321,200 $0 $0
2023 $5,519 $315,000 $0 $0
2022 $5,472 $308,800 $56,600 $252,200
2021 $5,565 $308,800 $56,600 $252,200
2020 $5,565 $308,800 $56,600 $252,200
2019 $5,595 $310,500 $56,600 $253,900
2018 $5,424 $302,700 $0 $0
2017 $5,226 $294,900 $0 $0
2016 -- $287,100 $0 $0
2015 $3,691 $275,400 $0 $0
2014 $3,691 $263,700 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: MDCM2003512

Bright MLS

APN: 03-020509

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