NOT LISTED FOR SALE

Estimated Value: $186,000 - $227,000

-- Bed
2 Baths
1,828 Sq Ft
$115/Sq Ft Est. Value

Last Sold July 31, 2018

Last sale price $100,000 $55 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,362/month

Highlights

  • No HOA
  • Hanover Street Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of July 2018

Price Reduced! Looking for a great investment? Purchase this Duplex that has 2 apts..each featuring 2 Bedrooms, 1 Bath equipped w/washer & dryer in both units. Why rent? Live in one while renting the other to help pay your mortgage. Nicely fenced in rear yard w/off street parking for 3 vehicles. Eat-in kitchen in both units. Upper unit rented at this time so no need to worry about finding a tenant

Last Agent to Sell the Property

Patty Martin

(443) 375-2527 pmartin2572@gmail.com Iron Valley Real Estate of Central MD License #RSR000534 Listed on: 05/08/2018

Iron Valley Real Estate of Central MD

Last Buyer's Agent

Non Member Member

beta@mris.net Metropolitan Regional Information Systems, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,900

Home Design

  • Duplex
  • Vinyl Siding

Laundry

  • Dryer
  • Washer

Parking

  • Off-Site Parking
  • Parking Space Conveys

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Additional Features

  • Stove
  • Connecting Stairway
  • 3,900 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 2 Units
  • Hanover Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6700007039100000001

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Price Reduced! Looking for a great investment? Purchase this Duplex that has 2 apts..each featuring 2 Bedrooms, 1 Bath equipped w/washer & dryer in both units. Why rent? Live in one while renting the other to help pay your mortgage. Nicely fenced in rear yard w/off street parking for 3 vehicles. Eat-in kitchen in both units. Upper unit rented at this time so no need to worry about finding a tenant
  • Special Assessment Payment: Annually
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dryer, Exhaust Fan, Refrigerator, Stove, Washer
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Connecting Stairway
  • Price Per Sq Ft: 60.18
  • Street Number Modifier: 30

Exterior Features

  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Parking Space Conveys
  • Type Of Parking: Off Site

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: HANOVER PUBLIC
  • School District Key: 300200396255

Lot Info

  • Improvement Assessed Value: 61230.00
  • Land Assessed Value: 21120.00
  • Lot Size Acres: 0.09
  • Lot Size Area: 3900
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3900.00
  • Year Assessed: 2006
  • Zoning: RS
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10892668
  • Tax Annual Amount: 2701.90
  • Assessor Parcel Number: 6700007039100000001
  • Tax Total Finished Sq Ft: 1828
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 07/31/2018

Multi Family

  • Gross Income: 10800.00
  • Vacancy Allowance Rate: 50.00

MLS Schools

  • School District Name: HANOVER PUBLIC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2018
Closed on
Jul 31, 2018
Sold by
Hughes Sandra L and Taylor Jeffrey R
Bought by
Berry Timothy D
Seller's Agent
Patty Martin
Iron Valley Real Estate of Central MD
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$120,000
Sold Price
$100,000
Premium/Discount to List
-$20,000
-16.67%
Current Estimated Value
$209,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,636
Avg. Annual Appreciation
10.90%
Original Mortgage
$98,188
Outstanding Balance
$85,977
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$124,002

Purchase Details

Closed on
May 8, 2009
Sold by
Gass Karl E and Estate Of Paul A Gass
Bought by
Hughes Sandra L

Purchase Details

Closed on
Jun 26, 2003
Sold by
Shafer Bradley N and Shafer Laura A
Bought by
Gass Paul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,750
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 1999
Sold by
Grim Nevin A
Bought by
Shafer Bradley N and Shafer Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,900
Interest Rate
6.83%

Purchase Details

Closed on
Dec 18, 1992
Sold by
Grim Nevin A and Grim Lori A
Bought by
Grim Nevin A
Source: Public Records

Range of Values:

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Average Value
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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
Berry Timothy D $100,000 None Available
Hughes Sandra L $85,000 None Available
Gass Paul A $79,000 --
Shafer Bradley N $69,900 --
Grim Nevin A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berry Timothy D $98,188
Previous Owner Gass Paul A $132,750
Previous Owner Shafer Bradley N $55,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $100,000 -9.1% $55 / Sq Ft
06/17/2018 06/17/18 Pending -- -- --
05/29/2018 05/29/18 Price Changed $110,000 -8.3% $60 / Sq Ft
05/08/2018 05/08/18 For Sale $120,000 -- $66 / 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 $3,015 $82,350 $21,120 $61,230
2024 $2,992 $82,350 $21,120 $61,230
2023 $2,969 $82,350 $21,120 $61,230
2022 $2,932 $82,350 $21,120 $61,230
2021 $2,850 $82,350 $21,120 $61,230
2020 $2,850 $82,350 $21,120 $61,230
2019 $2,806 $82,350 $21,120 $61,230
2018 $2,754 $82,350 $21,120 $61,230
2017 $2,702 $82,350 $21,120 $61,230
2016 $0 $82,350 $21,120 $61,230
2015 -- $82,350 $21,120 $61,230
2014 -- $82,350 $21,120 $61,230
Source: Public Records

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Map

Source: Bright MLS

MLS Number: 1000863928

Bright MLS

APN: 67-000-07-0391.00-00000