NOT LISTED FOR SALE

216 S Prospect St Hagerstown, MD 21740

Central Neighborhood

Estimated Value: $42,000 - $337,000

-- Bed
-- Bath
4,098 Sq Ft
$39/Sq Ft Est. Value

Last Sold May 15, 2017

Last sale price $100,000 $24 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $882/month

Highlights

  • 0.42 Acre Lot
  • No HOA
  • Baseboard Heating

About This Home

As of May 2017

ATTENTION INVESTORS!! 7 unit property in great location, near city park. Currently vacant and in need of work. Purchase this singly or bundle with any/all of the following: WA9716913, 6914, 6915, 6916, 6917, 6920, 6921, 6922, 6944, 6945, 6946, 6947, 7232, 7242

Last Agent to Sell the Property

Mark Rhoderick

Taylor Properties Listed on: 07/17/2016

Taylor Properties

Last Buyer's Agent

Cristhian Huamani

RG Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 0.42 Acre Lot
  • Property is in below average condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Schools

  • Bester Elementary School

Utilities

  • Baseboard Heating
  • Natural Gas Water Heater
  • Public Septic

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 2203007995

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1895
  • Remarks Public: ATTENTION INVESTORS!! 7 unit property in great location, near city park. Currently vacant and in need of work. Purchase this singly or bundle with any/all of the following: WA9716913, 6914, 6915, 6916, 6917, 6920, 6921, 6922, 6944, 6945, 6946, 6947, 7232, 7242
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Price Per Sq Ft: 36.60
  • Street Number Modifier: 216

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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: WASHINGTON COUNTY PUBLIC SCHOOLS
  • Elementary School: BESTER
  • School District Key: 121138761341
  • Elementary School: BESTER

Lot Info

  • Improvement Assessed Value: 212100.00
  • Land Assessed Value: 53200.00
  • Lot Size Acres: 0.42
  • Lot Size Area: 18250
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18250.00
  • Property Condition: Below Average
  • Year Assessed: 2016
  • Zoning: RMED
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11591421
  • Tax Annual Amount: 4902.74
  • Assessor Parcel Number: 2203007995
  • Tax Total Finished Sq Ft: 4098
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 05/15/2017

Multi Family

  • Vacancy Allowance Rate: 100.00

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2023
Sold by
City Of Hagerstown Maryland
Bought by
Drnec Paul and Drnec Alece
Current Estimated Value
$160,000

Purchase Details

Closed on
Oct 15, 2020
Sold by
Browning Duane
Bought by
City Of Hagerstown

Purchase Details

Closed on
Jun 11, 2019
Sold by
216 S Prospect Street Llc
Bought by
Browning Duane

Purchase Details

Listed on
Jul 17, 2016
Closed on
May 15, 2017
Sold by
Browning Duane
Bought by
216 S Prospect Street Llc
Seller's Agent
Mark Rhoderick
Taylor Properties
Buyer's Agent
Cristhian Huamani
RG Realty, Inc.
List Price
$175,000
Sold Price
$100,000
Premium/Discount to List
-$75,000
-42.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$100,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 6, 2004
Sold by
Grewe Josef H
Bought by
Browning Duane
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
Drnec Paul $15,000 Olde Towne Title
Drnec Paul $15,000 Olde Towne Title
City Of Hagerstown -- None Available
Browning Duane $100,000 None Available
216 S Prospect Street Llc $100,000 None Available
Browning Duane $860,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 216 S Prospect Street Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2017 05/15/17 Sold $100,000 -33.3% $24 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
09/27/2016 09/27/16 Price Changed $150,000 -14.3% $37 / Sq Ft
07/17/2016 07/17/16 For Sale $175,000 -- $43 / 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 $360 $39,500 $39,500 $0
2024 $360 $39,500 $39,500 $0
2023 $451 $49,500 $49,500 $0
2022 $0 $53,300 $53,200 $100
2021 $2,446 $53,300 $53,200 $100
2020 $496 $53,300 $53,200 $100
2019 $2,446 $261,600 $53,200 $208,400
2018 $2,700 $261,600 $53,200 $208,400
2017 $2,481 $261,600 $0 $0
2016 -- $265,300 $0 $0
2015 -- $265,300 $0 $0
2014 $7,203 $265,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Rhoderick

    Seller's Agent in 2017

    Mark Rhoderick

    Taylor Properties

    (301) 676-9948

    Mark Rhoderick
    Section Image
  • Cristhian Huamani

    Buyer's Agent in 2017

    Cristhian Huamani

    RG Realty, Inc.

    (240) 706-1082

    33 in this area

    109 Total Sales

    Cristhian Huamani
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003741649

Bright MLS

APN: 03-007995

Maryland Washington County Hagerstown 21740 Central

216 S Prospect St, Hagerstown, MD

This home is located at 216 S Prospect St, Hagerstown, MD 21740 since 17 July 2016 and is currently estimated at $160,000, approximately $39 per square foot. This property was built in 1895. 216 S Prospect St is a home located in Washington County with nearby schools including Bester Elementary School, E. Russell Hicks Middle School, and South Hagerstown High School.

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