NOT LISTED FOR SALE

22 S Main St Boonsboro, MD 21713

Estimated Value: $399,000 - $487,000

-- Bed
3 Baths
3,110 Sq Ft
$142/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $420,000 $135 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,609/month

Highlights

  • Colonial Architecture
  • Radiator
  • 5-minute walk to Shafer Park
  • Boonsboro Elementary School Rated A-

About This Home

As of February 2024

Back on the Market, no fault of seller. $500,000 appraisal in hand. EXCELLENT CASH FLOW 3 UNIT PROPERTY*** IN OUTSTANDING BOONSBORO LOCATION*** PROPERTY BACK ON TH MARKET DUE TO NO FAULT OF THE SELLER*** 4300 PER MONTH GROSS RENTS 3BED 2BATH, 2 BED 1 BATH AND 1 BED 1 BATH HUGE BAK YARD PARKING*** ALL BRICK BULIDING IN GREAT SHAPE!

Last Agent to Sell the Property

David Willman

Coldwell Banker Realty License #RS-0039448 Listed on: 02/23/2024

Coldwell Banker Realty

Last Buyer's Agent

Drew Peters

Burch Real Estate Group, LLC License #RSR004251

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,927

Year Built

  • Built in 1866

Lot Details

  • 0.25 Acre Lot

Home Design

  • 3,110 Sq Ft Home
  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Parking

  • Parking Lot
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Radiator
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 2206005489

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,927

Year Built

Built in 1866

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1866
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Total Sq Ft: 3110
  • Living Area Sq Ft: 3110
  • Price Per Sq Ft: 160.74
  • Above Grade Finished Sq Ft: 3110
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 22

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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: Off Street, Parking Lot

Utilities

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

Schools

  • School District: WASHINGTON COUNTY PUBLIC SCHOOLS
  • School District Key: 121138761341
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11051.00
  • Year Assessed: 2023
  • Zoning: TC
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2927.00
  • Assessor Parcel Number: 2206005489
  • Tax Total Finished Sq Ft: 3110
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 02/29/2024

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Feb 29, 2024
Sold by
Gibson Peter
Bought by
Kollar Chisholm Michele and Kollar Michael Chisholm
Seller's Agent
David Willman
Coldwell Banker Realty
Buyer's Agent
Drew Peters
Burch Real Estate Group, LLC
List Price
$499,900
Sold Price
$420,000
Premium/Discount to List
-$79,900
-15.98%
Views
386
Current Estimated Value
$441,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,179
Avg. Annual Appreciation
3.50%
Original Mortgage
$315,000
Outstanding Balance
$310,038
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$131,141

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jun 8, 2021
Sold by
Nalley Gary Lee and Nalley Judith M
Bought by
Gibson Peter C
Seller's Agent
Steve Powell
Samson Properties
Buyer's Agent
David Willman
Coldwell Banker Realty
List Price
$299,900
Sold Price
$335,000
Premium/Discount to List
$35,100
11.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$251,250
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2002
Sold by
Lee Nalley Gary and Lee Judy A
Bought by
Lee Nalley Gary and Lee Judith M

Purchase Details

Closed on
Feb 2, 1999
Sold by
Nalley Gary L
Bought by
Lee Nalley Gary and Lee Judy A

Purchase Details

Closed on
Feb 1, 1999
Sold by
Jab Llc
Bought by
Nalley Gary L

Purchase Details

Closed on
Nov 17, 1998
Sold by
Hoffman Jeff A and Hoffman Sarah K
Bought by
Jab Llc
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
Kollar Chisholm Michele $420,000 None Listed On Document
Gibson Peter C $335,000 First American Title Ins Co
Lee Nalley Gary -- --
Lee Nalley Gary -- --
Nalley Gary L -- --
Jab Llc $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kollar Chisholm Michele $315,000
Previous Owner Gibson Peter C $251,250
Closed Lee Nalley Gary --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $420,000 -16.0% $135 / Sq Ft
02/23/2024 02/23/24 For Sale $499,900 +49.2% $161 / Sq Ft
07/08/2021 07/08/21 Sold $335,000 0.0% $108 / Sq Ft
05/11/2021 05/11/21 Price Changed $335,000 +11.7% $108 / Sq Ft
04/04/2021 04/04/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $299,900 -- $96 / 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 $2,325 $303,700 $0 $0
2024 $2,325 $255,200 $65,300 $189,900
2023 $2,093 $229,733 $0 $0
2022 $1,861 $204,267 $0 $0
2021 $1,672 $178,800 $65,300 $113,500
2020 $1,672 $178,800 $65,300 $113,500
2019 $1,672 $178,800 $65,300 $113,500
2018 $1,688 $180,500 $65,300 $115,200
2017 $1,688 $180,500 $0 $0
2016 -- $180,500 $0 $0
2015 $1,902 $198,400 $0 $0
2014 $1,902 $198,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWA2020398

Bright MLS

APN: 06-005489