NOT LISTED FOR SALE

25801 Wright Rd Damascus, MD 20872

Studio
-- Bath
1,820 Sq Ft
0.65 Acres

Last Sold August 14, 2023

Last sale price $505,000 $277 Per Sq Ft

2 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Radiator
  • Damascus Elementary School Rated A-

About This Home

As of August 2023

Rare opportunity for an affordable multi unit property in Montgomery County! Beautiful brick building, well maintained since the 1970’s. Comprised of 3 apartments - 2 two bed one bath, 1 one bed one bath. Ideal location on a quiet street, with parking lot and huge yard for common use. Nestled right near the high school, near bus stops, and close to major shopping for optimum proximity. Upstairs tenant pays $1500 until April, downstairs long term tenant and basement tenant are month to month. Plenty of room to raise rents. Upstairs apartment was recently renovated, downstairs apartments are clean and well preserved. Tenants share common laundry space in basement. This is a gem for any investor! Priced below appraised value. Please note that property is zoned commercial.

Last Agent to Sell the Property

Allie Vasquez

(301) 831-5099 home@charisrealty.com Charis Realty Group Listed on: 07/10/2023

Charis Realty Group

Last Buyer's Agent

Dan Stein

(202) 489-9691 dan@homerundan.com Silver River Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,631

Year Built

  • Built in 1956

Lot Details

  • 0.65 Acre Lot
  • Property is in average condition

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,820 Sq Ft Home
  • 1 Fireplace
  • Basement

Parking

  • Driveway
  • Parking Lot

Schools

  • Damascus Elementary School
  • John T. Baker Middle School
  • Damascus High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • 3 Units
  • Damascus Manor Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 161200939291

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,631

Year Built

Built in 1956

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
  • Expected On Market: 2023-07-10
  • Year Built: 1956
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Basement: Yes
  • Total Sq Ft: 1820
  • Living Area Sq Ft: 1820
  • Price Per Sq Ft: 274.67
  • Above Grade Finished Sq Ft: 1820
  • Above Grade Finished Area Units: Square Feet

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: Parking Lot, Driveway

Utilities

  • Refuse: 51.87
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: DAMASCUS
  • High School: DAMASCUS
  • Middle Or Junior School: JOHN T. BAKER

Lot Info

  • Lot Size Acres: 0.65
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 28324.00
  • Property Condition: Average
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4631.00
  • Assessor Parcel Number: 161200939291
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2023 08/14/23 Sold $505,000 +1.0% $277 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
07/10/2023 07/10/23 For Sale $499,900 +33.3% $275 / Sq Ft
01/24/2022 01/24/22 Sold $375,000 +2.7% $206 / Sq Ft View Prior Sale
01/20/2022 01/20/22 For Sale $365,000 -- $201 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
Source: Bright MLS

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 $5,035 $455,367 -- --
2024 $5,035 $412,800 $206,400 $206,400
2023 $4,528 $369,900 $254,900 $115,000
2022 $5,291 $456,100 $254,900 $201,200
2020 $0 $338,767 $0 $0
2019 $3,323 $280,100 $254,900 $25,200
2018 $3,094 $280,100 $254,900 $25,200
2017 $5,689 $280,100 $0 $0
2016 -- $475,200 $0 $0
2015 -- $413,333 $0 $0
2014 -- $351,467 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2099372

Bright MLS

APN: 12-00939291