NOT LISTED FOR SALE

248 U S 40 Hancock, MD 21750

Studio
-- Bath
3,500 Sq Ft
13,504 Sq Ft

Last Sold September 26, 2019

Last sale price $169,000 $48 Per Sq Ft

776 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Property is in very good condition
  • Cooling Available

About This Home

As of September 2019

3 residential 2 bedrm rental units plus the commercial building. Excellent condition w/newer roofs, oil boiler & heat pump.The commercial or retail building is approx. 1570 sq. ft. w/ small kit., 3 storage rms, waiting area, 4-5 offices;2 entr; 2 handicap 1/2 baths, fiber optic cable for high speed internet & has separate water & electric. PLUS 16 parking spaces

Last Agent to Sell the Property

Linda Wigfield

(301) 745-1500 leads@reimove.com Real Estate Innovations Listed on: 05/12/2017

Real Estate Innovations

Last Buyer's Agent

Michael Griesser

(410) 220-4648 davids@justvybe.com VYBE Realty License #648891

VYBE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,264

Year Built

  • Built in 1962 | Remodeled in 1993

Lot Details

  • 0.31 Acre Lot
  • Property is in very good condition

Home Design

  • 3,500 Sq Ft Home
  • Quadruplex
  • Rubber Roof
  • Metal Roof
  • Aluminum Siding

Parking

  • Free Parking
  • Driveway

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2205005043

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Income includes professional offices
  • Operating Expense $6,244

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,264

Year Built

Built in 1962 | Remodeled in 1993

Lot Details

0.31 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2017-05-12
  • Year Built: 1962
  • Year Renovated: 1993
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: No
  • Total Sq Ft: 3500
  • Living Area Sq Ft: 3500
  • Price Per Sq Ft: 51.14
  • Above Grade Finished Sq Ft: 3500
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Roof: Metal, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free, Paved Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Electric Service: Circuit Breakers
  • Heating Fuel: Oil
  • Heating Type: Heat Pump(s), Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 145200.00
  • Land Assessed Value: 80000.00
  • Lot Size Acres: 0.31
  • Lot Size Area: 13329
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13329.00
  • Possible Use: Office, Mixed Use, Commercial, Residential, Wholesale
  • Property Condition: Very Good
  • Zoning: U
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11594572
  • Tax Annual Amount: 3264.05
  • Assessor Parcel Number: 2205005043
  • Tax Lot: REM
  • Tax Page Number: 41
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2016

Multi Family

  • Income Includes: Professional Offices
  • Operating Expense: 6244.00
  • Vacancy Allowance Rate: 1.00

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS
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Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2019 09/26/19 Sold $169,000 -5.6% $48 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
03/19/2019 03/19/19 Price Changed $179,000 -22.1% $51 / Sq Ft
05/12/2017 05/12/17 For Sale $229,900 -- $66 / Sq Ft
Source: Bright MLS

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000071065

Bright MLS
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