$265,000
SOLD MAR 30, 2022
-- Bed
-- Bath
1,536 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$173 Per Sq Ft

6% Above List Price

28 Days on Market

Highlights

  • Electric Baseboard Heater
  • Emma K. Doub Elementary School Rated A-
  • Property is in excellent condition

About This Home

As of March 2022

Turn-key Investment opportunity. well maintained property that offers 2 units that includes 2bedrooms/ 1bath each with wall mount A/C units, Baseboard Heat, and separate water heater in each unit. This property is priced at a 9.6% cap rate. This bottom unit is vacant for showing purposes only. please schedule a showing today.

Last Agent to Sell the Property

Granit Pllana

Taylor Properties License #5006694 Listed on: 02/19/2022

Taylor Properties

Last Buyer's Agent

Katie Lingenfelter

Hill Real Estate Group License #661645

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,346

Year Built

  • Built in 1986

Lot Details

  • 7,500 Sq Ft Lot
  • Property is in excellent condition

Parking

  • Parking Lot

Home Design

  • 1,536 Sq Ft Home
  • Duplex
  • Shingle Siding

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 47 48
  • Assessor Parcel Number 2203024393

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,346

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Remarks Public: Turn-key Investment opportunity. well maintained property that offers 2 units that includes 2bedrooms/ 1bath each with wall mount A/C units, Baseboard Heat, and separate water heater in each unit. This property is priced at a 9.6% cap rate. This bottom unit is vacant for showing purposes only. please schedule a showing today.
  • Special Features: None

Interior Features

  • Total Sq Ft: 1536
  • Living Area Sq Ft: 1536
  • Price Per Sq Ft: 162.11
  • Above Grade Finished Sq Ft: 1536
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 28

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Shingle Siding
  • 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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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: 80100.00
  • Land Assessed Value: 43700.00
  • Land Use Code: 110
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: RMOD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11631019
  • Tax Annual Amount: 2346.00
  • Assessor Parcel Number: 2203024393
  • Tax Lot: 47 48
  • Tax Total Finished Sq Ft: 1536
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 03/30/2022

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
Lally Nicholas John and Christoph Tracy Lynn
Bought by
Tm Wilson Llc
Current Estimated Value
$301,911

Purchase Details

Closed on
Mar 10, 2023
Sold by
Lally Nicholas John
Bought by
Christoph Tracy Lynn and Lally Nicholas John

Purchase Details

Listed on
Feb 19, 2022
Closed on
Mar 25, 2022
Sold by
Price Dennis L
Bought by
Lally Nicholas J
Seller's Agent
Granit Pllana
Taylor Properties
Buyer's Agent
Katie Lingenfelter
Hill Real Estate Group
List Price
$249,000
Sold Price
$265,000
Premium/Discount to List
$16,000
6.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%

Purchase Details

Closed on
Jan 29, 1988
Sold by
Munson John C and Munson Audrey L
Bought by
Price Dennis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
10.16%

Purchase Details

Closed on
Nov 7, 1985
Sold by
Miner John A
Bought by
Munson John C and Munson Audrey L
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- None Listed On Document
Deed -- --
Deed $265,000 None Listed On Document
Deed $76,000 --
Deed $12,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $248,259 Commercial
Previous Owner $60,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Rented $1,190 +8.2% --
10/30/2023 10/30/23 Price Changed $1,100 -7.6% $1 / Sq Ft
09/05/2023 09/05/23 Price Changed $1,190 -4.8% $1 / Sq Ft
08/16/2023 08/16/23 Price Changed $1,250 -3.5% $1 / Sq Ft
06/26/2023 06/26/23 For Rent $1,295 0.0% --
03/30/2022 03/30/22 Sold $265,000 +6.4% $173 / Sq Ft
03/19/2022 03/19/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $249,000 0.0% $162 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/19/2022 02/19/22 For Sale $249,000 -- $162 / 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
2024 $1,365 $149,867 $0 $0
2023 $1,247 $136,833 $0 $0
2022 $1,128 $123,800 $43,700 $80,100
2021 $1,182 $118,000 $0 $0
2020 $995 $112,200 $0 $0
2019 $995 $106,400 $43,700 $62,700
2018 $1,066 $106,400 $43,700 $62,700
2017 $1,018 $106,400 $0 $0
2016 -- $108,900 $0 $0
2015 $2,634 $108,900 $0 $0
2014 $2,634 $108,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWA2006040

Bright MLS

APN: 03-024393