NOT LISTED FOR SALE

Estimated Value: $247,339 - $433,000

2 Beds
2.5 Baths
1,355 Sq Ft
$247/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $190,000 $140 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,976/month

Highlights

  • Colonial Architecture
  • Deck
  • Garden View
  • Parkway Elementary School Rated A-
  • Traditional Floor Plan
  • 4-minute walk to Bentztown Spring Park

About This Home

As of November 2020

Offering Price Includes 2 Detached Single Family Residences 207 and 209 Phebus Avenue With 2 Tax ID Numbers But On One Deed Currently Leased And Being Sold/Conveyed AS IS. Both Properties Have Had Recent Improvements Approximately 2015 Forward That Includes New Windows # 207 Has Medal Windows, & # 209 Has Vinyl Windows. Both Residential Metal Roofs Painted, HVAC Wall Units Convey 1 Installed In # 207 & 2 Installed In # 209. Updated Electrical Wiring & Plumbing Completed In Both Properties In 2015 As Well. Lead Certificates Are Current & On File For Each Property. Lease For # 207 Is $720.00 Per Month Long Term Tenant & Lease Expires 02/28/2021. Lease For # 209 Is $1120.00 Per Month & Lease Expires 8/31/2020. Both Properties Are Managed By Owner. Deeded Off Street Parking Conveys For Each Property. Tenants Pay Water And Sewer Charges Quarterly. Above Grade Square Footage For Both Properties Is Approximately 1355 SQ/FT Per Recent Appraisal. # 207 Has One Full Bath & # 209 Has One Full Bath Plus Half Bath. Fenced Rear Yards With Privacy. Walk To Downtown Amenities, Shopping, Carroll Creek Promenade, Community Pool, And MARC Rail Station. Gross Monthly Rent Is $1840.00 Per Month Or $22,080.00 Annually. Annual Net Operating Income Is Approximately $18710.00 Which Yields Annual Capitalization Rate Of About 8 Percent. Both Properties Have Separate Tax ID Numbers Which Would Provide The Opportunity To Separate Both Properties With Individual Deeds.

Last Agent to Sell the Property

J.B. Powell

(301) 644-2681 jb@jbpowellrealtor.com Real Estate Teams, LLC License #35102 Listed on: 07/22/2020

Real Estate Teams, LLC

Last Buyer's Agent

J.B. Powell

(301) 644-2681 jb@jbpowellrealtor.com Real Estate Teams, LLC License #35102 Listed on: 07/22/2020

Real Estate Teams, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,319

Year Built

  • Built in 1890

Lot Details

  • 3,872 Sq Ft Lot
  • Downtown Location
  • Back Yard Fenced
  • Level Lot
  • Historic Home
  • Property is in good condition
  • Property is zoned DR

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,355 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Double Hung Windows
  • Window Screens
  • Garden Views

Kitchen

  • Electric Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • 1 Driveway Space
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Lincoln Elementary School
  • West Frederick Middle School
  • Frederick High School

Utilities

  • Ductless Heating Or Cooling System
  • Vented Exhaust Fan
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1102069210

Community Details

Overview

  • No Home Owners Association
  • Frederick Historic District Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,319

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Rear Storage Shed
  • Historic: Yes
  • Home Warranty: No
  • Inclusions: See Inclusion List In Bright Disclosures
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Offering Price Includes 2 Detached Single Family Residences 207 and 209 Phebus Avenue With 2 Tax ID Numbers But On One Deed Currently Leased And Being Sold/Conveyed AS IS. Both Properties Have Had Recent Improvements Approximately 2015 Forward That Includes New Windows # 207 Has Medal Windows, & # 209 Has Vinyl Windows. Both Residential Metal Roofs Painted, HVAC Wall Units Convey 1 Installed In # 207 & 2 Installed In # 209. Updated Electrical Wiring & Plumbing Completed In Both Properties In 2015 As Well. Lead Certificates Are Current & On File For Each Property. Lease For # 207 Is $720.00 Per Month Long Term Tenant & Lease Expires 02/28/2021. Lease For # 209 Is $1120.00 Per Month & Lease Expires 8/31/2020. Both Properties Are Managed By Owner. Deeded Off Street Parking Conveys For Each Property. Tenants Pay Water And Sewer Charges Quarterly. Above Grade Square Footage For Both Properties Is Approximately 1355 SQ/FT Per Recent Appraisal. # 207 Has One Full Bath & # 209 Has One Full Bath Plus Half Bath. Fenced Rear Yards With Privacy. Walk To Downtown Amenities, Shopping, Carroll Creek Promenade, Community Pool, And MARC Rail Station. Gross Monthly Rent Is $1840.00 Per Month Or $22,080.00 Annually. Annual Net Operating Income Is Approximately $18710.00 Which Yields Annual Capitalization Rate Of About 8 Percent. Both Properties Have Separate Tax ID Numbers Which Would Provide The Opportunity To Separate Both Properties With Individual Deeds.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Interior Amenities: Floor Plan - Traditional
  • Window Features: Screens, Double Hung
  • Fireplace: No
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1355
  • Living Area Sq Ft: 1355
  • Price Per Sq Ft: 143.91
  • Above Grade Finished Sq Ft: 1355
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 207

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Wood Siding, Vinyl Siding
  • Exterior Features: Street Lights, Sidewalks
  • Road Surface Type: Black Top
  • Roof: Metal
  • Spa: No
  • View: Garden/Lawn, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 1

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Sewer Available, Water Available, Natural Gas Available, Phone Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • Elementary School: LINCOLN
  • Middle School: WEST FREDERICK
  • High School: FREDERICK
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139693024
  • School District Source: Listing Agent
  • Elementary School: LINCOLN
  • High School: FREDERICK
  • Middle Or Junior School: WEST FREDERICK

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Rear
  • Improvement Assessed Value: 2200.00
  • Land Assessed Value: 45900.00
  • Land Use Code: 010
  • Lot Features: Level
  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3872.00
  • Outdoor Living Structures: Patio(s), Deck(s)
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: DR
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 22080.00
  • Vacation Rental: No
  • Property Manager: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 11561042
  • Tax Annual Amount: 1319.00
  • Assessor Parcel Number: 1102069210
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 11/13/2020

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Nov 13, 2020
Sold by
Brown Ann Frazer
Bought by
Matzinger Polly C
Seller's Agent
J.B. Powell
Real Estate Teams, LLC
Buyer's Agent
J.B. Powell
Real Estate Teams, LLC
List Price
$210,000
Sold Price
$190,000
Premium/Discount to List
-$20,000
-9.52%
Current Estimated Value
$335,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,085

Purchase Details

Closed on
Oct 16, 2014
Sold by
Hughes Christina M
Bought by
Brown Ann Frazer

Purchase Details

Closed on
Jul 17, 1987
Sold by
Historic Restoration Limit Part
Bought by
Kephart George O and Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
10.23%
Source: Public Records

Range of Values:

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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
Matzinger Polly C $190,000 None Available
Brown Ann Frazer $73,054 None Available
Kephart George O $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kephart George O $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $190,000 0.0% $140 / Sq Ft
11/13/2020 11/13/20 Sold $190,000 -2.6% $140 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
09/16/2020 09/16/20 Price Changed $195,000 -7.1% $144 / Sq Ft
08/10/2020 08/10/20 Price Changed $210,000 0.0% $155 / Sq Ft
08/10/2020 08/10/20 For Sale $210,000 -6.6% $155 / Sq Ft
08/02/2020 08/02/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $224,900 +18.4% $166 / Sq Ft
07/22/2020 07/22/20 Off Market $190,000 -- --
07/21/2020 07/21/20 Price Changed $224,900 -9.7% $166 / Sq Ft
07/07/2020 07/07/20 For Sale $249,000 -- $184 / 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 $2,397 $133,600 $92,800 $40,800
2024 $2,397 $125,967 $0 $0
2023 $2,195 $118,333 $0 $0
2022 $2,052 $110,700 $78,700 $32,000
2021 $1,684 $89,833 $0 $0
2020 $1,320 $68,967 $0 $0
2019 $938 $48,100 $45,900 $2,200
2018 $858 $48,100 $45,900 $2,200
2017 $945 $48,100 $0 $0
2016 $954 $48,600 $0 $0
2015 $954 $48,367 $0 $0
2014 $954 $48,133 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR267834

Bright MLS

APN: 02-069210