NOT LISTED FOR SALE

Estimated Value: $119,000 - $194,000

2 Beds
2 Baths
1,680 Sq Ft
$99/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $40,000 $24 Per Sq Ft

Est. 314% increase in value since last sale

Current estimated payment $946/month

Highlights

  • Colonial Architecture
  • Level Entry For Accessibility
  • Forced Air Heating System
  • No HOA

About This Home

As of July 2020

GREAT INVESTMENT OPPORTUNITY. 2 units for under 50k. Opportunity to build tons of equity and high cash flow. Estimated 35k reno with 120k ARV. Don't let this one go. Perfect for a flip, rental, BRRR. New porch/steps to the upper unit. No sign on the property. Call agent to schedule a showing!

Last Agent to Sell the Property

Justin Grubby

(240) 626-4276 justinsmyrealtor@gmail.com Maryland Realty, LLC. Listed on: 06/11/2020

Last Buyer's Agent

Corey Linthicum

(240) 478-5107 coreylinthicum@gmail.com AEK Real Estate, LLC License #672986

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1904

Lot Details

  • 1,986

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture

Interior Spaces

  • 1,680 Sq Ft Home
  • Property has 2 Levels
  • Basement

Bedrooms and Bathrooms

Parking

  • Alley Access
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil

Additional Features

  • Level Entry For Accessibility
  • 1,986 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Hagerstown Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 2217025589

Townhouse Details

Home Type

Townhome

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1904
  • Remarks Public: GREAT INVESTMENT OPPORTUNITY. 2 units for under 50k. Opportunity to build tons of equity and high cash flow. Estimated 35k reno with 120k ARV. Don't let this one go. Perfect for a flip, rental, BRRR. New porch/steps to the upper unit. No sign on the property. Call agent to schedule a showing!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 1680
  • Price Per Sq Ft: 29.70
  • Above Grade Finished Sq Ft: 1680
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 230

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • 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, Alley, On Street

Utilities

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

Condo/Co-op/Association

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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 44800.00
  • Land Assessed Value: 20000.00
  • Land Use Code: 110
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1986.00
  • Year Assessed: 2020
  • Zoning: RMED
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11616003
  • Tax Annual Amount: 1216.00
  • Assessor Parcel Number: 2217025589
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 1680
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/31/2020

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Jul 31, 2020
Sold by
Spg Cap Md Llc
Bought by
Ayoub Naveedullah
Seller's Agent
Justin Grubby
Maryland Realty, LLC.
Buyer's Agent
Corey Linthicum
AEK Real Estate, LLC
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%
Current Estimated Value
$165,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,586
Avg. Annual Appreciation
31.42%

Purchase Details

Listed on
Mar 8, 2019
Closed on
May 8, 2019
Sold by
Ark Enterprises Llc
Bought by
Spg Cap Md Llc
Seller's Agent
Jeanine McVicker
RE/MAX Results
Buyer's Agent
Justin Grubby
Maryland Realty, LLC.
List Price
$45,000
Sold Price
$20,000
Premium/Discount to List
-$25,000
-55.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.69%
Original Mortgage
$21,857
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 1995
Sold by
Tedrick D M
Bought by
Ark Ents Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,750
Interest Rate
7.89%

Purchase Details

Closed on
Jun 25, 1991
Sold by
James Emerson
Bought by
Tedrick Donald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
9.65%
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
Ayoub Naveedullah $40,000 Olde Towne Title Inc
Spg Cap Md Llc $20,000 None Available
Ark Ents Llc $45,000 --
Tedrick Donald M $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spg Cap Md Llc $21,857
Previous Owner Ark Ents Llc $33,750
Previous Owner Tedrick Donald M $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2020 07/31/20 Sold $40,000 -19.8% $24 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $49,900 +149.5% $30 / Sq Ft
05/10/2019 05/10/19 Sold $20,000 -55.6% $12 / Sq Ft View Prior Sale
03/16/2019 03/16/19 Pending -- -- --
03/08/2019 03/08/19 For Sale $45,000 -- $27 / 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 $810 $100,900 $20,000 $80,900
2024 $810 $88,867 $0 $0
2023 $703 $76,833 $0 $0
2022 $590 $64,800 $20,000 $44,800
2021 $643 $64,133 $0 $0
2020 $591 $63,467 $0 $0
2019 $587 $62,800 $20,000 $42,800
2018 $629 $62,767 $0 $0
2017 $586 $62,733 $0 $0
2016 -- $62,700 $0 $0
2015 $1,828 $62,700 $0 $0
2014 $1,828 $62,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWA172820

Bright MLS

APN: 17-025589