Seller's Agent in 2022
Matthew Burgan
Infinitas Realty Group
(240) 925-2224
249 Total Sales
24241 Colton Point Rd Clements, MD 20624
Estimated Value: $583,796
Studio
1
Bath
4,826
Sq Ft
$121/Sq Ft
Est. Value
Highlights
- No Interior Steps
- Central Heating and Cooling System
- Ceiling Fan
About This Home
As of September 2022Amazing opportunity for an income generating multi-unit property on over 8 acres of land. Live in one and rent the rest or rent all 4 units. This property has it all. Duplex consists of 2 bedroom 1 bath each. 2 single family homes, one 3 bed 1 bath, one 4 bed 1 bath. Rental history with long term tenants. The property needs some work/updating but that is fully reflected in the price point which is WELL below market value. Objective rental income:
2/1: 1k/month
2/1: 1k/month
3/1: 1.3k/month
4/1: 1.5k/month
Total: $4,800/month or $57,600/year.
Last Agent to Sell the Property
(240) 925-2224 matt@infinitasrealty.com Infinitas Realty Group License #663374 Listed on: 08/11/2022
Last Buyer's Agent
(301) 247-9500 christopher@mremovesme.com Momentum Real Estate
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,960
Year Built
- Built in 1950
Lot Details
- 8.42
Home Design
- Quadruplex
- Block Foundation
- Slab Foundation
- Shingle Roof
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 4,826 Sq Ft Home
- Ceiling Fan
- Crawl Space
Parking
- 10 Parking Spaces
- 10 Driveway Spaces
Utilities
- Window Unit Cooling System
- Central Heating and Cooling System
- Heat Pump System
- Well
- Electric Water Heater
- Septic Tank
Additional Features
- No Interior Steps
- 8.42 Acre Lot
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 1904006992
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 11, 2022
Closed on
Sep 16, 2022
Sold by
Bought by
Seller's Agent
Matthew Burgan
Infinitas Realty Group
Buyer's Agent
Christopher Cullen
Momentum Real Estate
List Price
$374,900
Sold Price
$360,000
Premium/Discount to List
-$14,900
-3.97%
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,796
Original Mortgage
$350,000
Interest Rate
5.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 9, 2018
Sold by
Bought by
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
4.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 25, 1999
Sold by
Bought by
Purchase Details
Closed on
Nov 6, 1996
Sold by
Bought by
Purchase Details
Closed on
Mar 27, 1995
Sold by
Bought by
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $360,000 | Blue Crab Title | ||
| $300,000 | Tri County Abstract | ||
| $175,000 | -- | ||
| -- | -- | ||
| $67,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $810,000 | ||
| Closed | $350,000 | ||
| Previous Owner | $300,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/16/2022 09/16/22 | Sold | $360,000 | -4.0% | $75 / Sq Ft |
| 08/11/2022 08/11/22 | For Sale | $374,900 | -- | $78 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $8,323 | $799,033 | $0 | $0 |
| 2025 | $8,323 | $716,467 | $0 | $0 |
| 2024 | $7,431 | $633,900 | $346,700 | $287,200 |
| 2023 | $7,149 | $608,300 | $0 | $0 |
| 2022 | $6,868 | $582,700 | $0 | $0 |
| 2021 | $6,586 | $557,100 | $330,200 | $226,900 |
| 2020 | $6,428 | $543,000 | $0 | $0 |
| 2019 | $6,169 | $528,900 | $0 | $0 |
| 2018 | $6,014 | $514,800 | $315,200 | $199,600 |
| 2017 | $5,938 | $514,800 | $0 | $0 |
| 2016 | -- | $514,800 | $0 | $0 |
| 2015 | $6,170 | $518,900 | $0 | $0 |
| 2014 | $6,170 | $518,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Burgan
-
Christopher Cullen
C
Buyer's Agent in 2022
Christopher Cullen
Momentum Real Estate
(301) 247-9500
21 Total Sales
Map
Source: Bright MLS
MLS Number: MDSM2008394
APN: 04-006992
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