NOT LISTED FOR SALE

3003 Old Westminster Pike Finksburg, MD 21048

Estimated Value: $495,000 - $635,000

-- Bed
-- Bath
5,950 Sq Ft
$93/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $388,100 $65 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,412/month

30 Days on Market

Highlights

  • 0.92 Acre Lot
  • Colonial Architecture
  • Ceiling Fan
  • Sandymount Elementary School Rated A-
  • No HOA
  • Hot Water Baseboard Heater

About This Home

As of March 2021

The property has 2 dwellings on one deed. 2 units in each dwelling. All currently rented. Gross annual income is $54,600. Taxes are 4213 . Lawn service is around $1600. Insurance is around $2500. Units are in good condition. The property has 1 well and 2 septic systems.

Last Agent to Sell the Property

Jamie Billingslea

Billingslea Ins/Real Estate License #58991 Listed on: 11/16/2020

Last Buyer's Agent

Jamie Billingslea

Billingslea Ins/Real Estate License #58991 Listed on: 11/16/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,213

Year Built

  • Built in 1900

Lot Details

  • 0.92 Acre Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 5,950 Sq Ft Home
  • Ceiling Fan
  • Basement

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Hot Water Baseboard Heater
  • Well
  • Natural Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • The owner pays for real estate taxes, insurance, miscellaneous
  • Tax Lot 9
  • Assessor Parcel Number 0704013964

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $2,400
  • Operating Expense $11,000
  • Gross Income $54,000
  • Net Operating Income $42,984

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,213

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: The property has 2 dwellings on one deed. 2 units in each dwelling. All currently rented. Gross annual income is $54,600. Taxes are 4213 . Lawn service is around $1600. Insurance is around $2500. Units are in good condition. The property has 1 well and 2 septic systems.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Total Sq Ft: 5950
  • Living Area Sq Ft: 5950
  • Price Per Sq Ft: 72.25
  • Above Grade Finished Sq Ft: 5950
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3003-3005

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl 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: Driveway, Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: CARROLL COUNTY PUBLIC SCHOOLS
  • School District Key: 121139051837
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 236600.00
  • Land Assessed Value: 133600.00
  • Land Use Code: 010
  • Lot Size Acres: 0.92
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 40075.00
  • Year Assessed: 2020
  • Zoning: RES
  • In City Limits: No

Rental Info

  • Owner Pays: Taxes - Real Estate, Insurance, Miscellaneous
  • Rent Control: No
  • Total Actual Rent: 54000.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11489071
  • Tax Annual Amount: 4213.00
  • Assessor Parcel Number: 0704013964
  • Tax Lot: 9
  • Tax Total Finished Sq Ft: 5950
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 03/02/2021

Multi Family

  • Gross Income: 54000.00
  • Gross Scheduled Income: 54000.00
  • Operating Expense: 11000.00

MLS Schools

  • School District Name: CARROLL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2020
Closed on
Mar 2, 2021
Sold by
Cchs Llc
Bought by
Hill Street Holdings Llc
Seller's Agent
Jamie Billingslea
Billingslea Ins/Real Estate
Buyer's Agent
Jamie Billingslea
Billingslea Ins/Real Estate
List Price
$429,900
Sold Price
$388,100
Premium/Discount to List
-$41,800
-9.72%
Current Estimated Value
$553,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,444
Avg. Annual Appreciation
7.89%
Original Mortgage
$300,778
Outstanding Balance
$274,483
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$271,730

Purchase Details

Closed on
Aug 8, 2008
Sold by
Cchc Llc
Bought by
Cchs Llc

Purchase Details

Closed on
Jun 27, 2007
Sold by
Murray Charles Lester
Bought by
Cchc Llc

Purchase Details

Closed on
Jun 7, 2007
Sold by
Murray Charles Lester
Bought by
Cchc Llc
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
Hill Street Holdings Llc $388,100 None Available
Cchs Llc -- --
Cchc Llc -- --
Murray Charles Lester -- --
Cchc Llc -- --
Murray Charles Lester -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Street Holdings Llc $300,778
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2021 03/02/21 Sold $388,100 -9.7% $65 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $429,900 -- $72 / 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 $4,809 $442,900 $156,800 $286,100
2024 $4,809 $418,700 $0 $0
2023 $4,478 $394,500 $0 $0
2022 $4,207 $370,300 $133,700 $236,600
2021 $4,197 $369,433 $0 $0
2020 $4,186 $368,467 $0 $0
2019 $3,742 $367,600 $133,600 $234,000
2018 $4,219 $367,600 $133,600 $234,000
2017 $4,221 $367,600 $0 $0
2016 -- $371,600 $0 $0
2015 -- $369,833 $0 $0
2014 -- $368,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDCR200960

Bright MLS

APN: 04-013964