NOT LISTED FOR SALE

241 S Prospect St Hagerstown, MD 21740

Central Neighborhood

Estimated Value: $272,000 - $302,000

-- Bed
4 Baths
7,071 Sq Ft
$40/Sq Ft Est. Value

Last Sold September 14, 2022

Last sale price $235,000 $33 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,601/month

184 Days on Market

About This Home

As of September 2022

Very Motivated Seller! The seller is willing to entertain an offer. Great investment opportunity! City of Hagerstown gave verbal approval for this to be a 6 unit building. Projeted revenue $96,900. Numbers work great as a single family flip as well.

Last Agent to Sell the Property

Ernestina Glace

Keller Williams Keystone Realty Listed on: 12/06/2021

Keller Williams Keystone Realty

Last Buyer's Agent

Ernestina Glace

Keller Williams Keystone Realty Listed on: 12/06/2021

Keller Williams Keystone Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.26 Acre Lot

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2203013243

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Very Motivated Seller! The seller is willing to entertain an offer. Great investment opportunity! City of Hagerstown gave verbal approval for this to be a 6 unit building. Projeted revenue $96,900. Numbers work great as a single family flip as well.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Other, Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 9066
  • Living Area Sq Ft: 7071
  • Price Per Sq Ft: 41.30
  • Above Grade Finished Sq Ft: 6271
  • Below Grade Finished Sq Ft: 800
  • Below Grade Sq Ft: 1995
  • Total Below Grade Sq Ft: 2795
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 241

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: Driveway

Utilities

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

Condo/Co-op/Association

  • Association Recreation Fee: 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: 335000.00
  • Land Assessed Value: 47800.00
  • Lot Size Acres: 0.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11520.00
  • Year Assessed: 2022
  • Zoning: RMED
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11599150
  • Tax Annual Amount: 7122.00
  • Assessor Parcel Number: 2203013243
  • Tax Total Finished Sq Ft: 7071
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 09/14/2022

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2021
Closed on
Sep 15, 2022
Sold by
241Sprospect Llc
Bought by
Solemaninejad Homan
Seller's Agent
Ernestina Glace
Keller Williams Keystone Realty
Buyer's Agent
Ernestina Glace
Keller Williams Keystone Realty
List Price
$259,000
Sold Price
$235,000
Premium/Discount to List
-$24,000
-9.27%
Current Estimated Value
$285,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,240
Avg. Annual Appreciation
6.72%

Purchase Details

Closed on
Nov 10, 2021
Sold by
Glace Luterman Llc
Bought by
241Sprospect Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2021
Sold by
Zamaray Nataliya
Bought by
Glace Luterman Llc

Purchase Details

Listed on
Mar 12, 2019
Closed on
May 21, 2019
Sold by
The Bank Of New York Mellon
Bought by
Zamaray Nataliya
Seller's Agent
Eddie Jefferson
The Glocker Group Realty Results
Buyer's Agent
Eddie Jefferson
The Glocker Group Realty Results
List Price
$94,900
Sold Price
$67,463
Premium/Discount to List
-$27,438
-28.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.85%

Purchase Details

Closed on
Feb 20, 2019
Sold by
Rolea Nadezhda R and Rolea Daniel
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Nov 30, 1998
Sold by
Conner Eben L
Bought by
Conner Eben L and Conner Sue Ann

Purchase Details

Closed on
Jul 25, 1996
Sold by
Marchetti Associates
Bought by
Garlock Manor 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
Solemaninejad Homan $235,000 --
241Sprospect Llc -- Accommodation
Glace Luterman Llc $200,000 Lincoln Title & Stlmt Svcs
Zamaray Nataliya $67,462 Timios Inc
The Bank Of New York Mellon $174,250 None Available
Conner Eben L -- --
Garlock Manor Llc $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 241Sprospect Llc $300,000
Previous Owner 241 Sprospect Llc $300,000
Previous Owner Rolea Nadezhda R $440,000
Previous Owner Rolea Nadezhda R $55,000
Previous Owner Rolea Nadezhda R $342,400
Previous Owner Rolea Dantel $322,500
Previous Owner Rolea Daniel $246,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2022 09/14/22 Sold $235,000 -9.3% $33 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
05/28/2022 05/28/22 Price Changed $259,000 0.0% $37 / Sq Ft
05/28/2022 05/28/22 For Sale $259,000 -13.6% $37 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
03/13/2022 03/13/22 Price Changed $299,900 -14.3% $42 / Sq Ft
01/17/2022 01/17/22 Price Changed $349,900 -12.5% $49 / Sq Ft
12/06/2021 12/06/21 For Sale $399,900 +492.8% $57 / Sq Ft
05/31/2019 05/31/19 Sold $67,463 -22.5% $10 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
04/12/2019 04/12/19 Price Changed $87,000 -8.3% $12 / Sq Ft
03/12/2019 03/12/19 For Sale $94,900 -- $13 / 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 $711 $78,100 $47,800 $30,300
2024 $711 $78,100 $47,800 $30,300
2023 $3,526 $387,067 $0 $0
2022 $3,487 $382,800 $47,800 $335,000
2021 $3,653 $364,567 $0 $0
2020 $3,068 $346,333 $0 $0
2019 $3,068 $328,100 $47,800 $280,300
2018 $3,288 $328,100 $47,800 $280,300
2017 $3,259 $328,100 $0 $0
2016 -- $348,600 $0 $0
2015 $5,312 $348,600 $0 $0
2014 $5,312 $348,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ernestina Glace

    Seller's Agent in 2022

    Ernestina Glace

    Keller Williams Keystone Realty

    (443) 966-1960

    1 in this area

    155 Total Sales

    Ernestina Glace
    Section Image
  • Eddie Jefferson

    Seller's Agent in 2019

    Eddie Jefferson

    The Glocker Group Realty Results

    (301) 991-9473

    5 in this area

    106 Total Sales

    Eddie Jefferson
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWA2003772

Bright MLS

APN: 03-013243

Maryland Washington County Hagerstown 21740 Central

241 S Prospect St, Hagerstown, MD

This home is located at 241 S Prospect St, Hagerstown, MD 21740 since 06 December 2021 and is currently estimated at $285,240, approximately $40 per square foot. This property was built in 1900. 241 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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