$165,200
SOLD JAN 13, 2012
-- Bed
-- Bath
-- Sq Ft
7,000 Sq Ft Lot

Recently Sold

10% Above List Price

Highlights

  • Water Views
  • Water Access
  • Forced Air Heating System
  • Home fronts navigable water
  • No HOA
  • 4-minute walk to Frank J. Hutchins Memorial Park

About This Home

As of January 2012

Investors Delight-4 Units currently occupied on a quiet street 1 block from water in downtown HDG. All units have separate meters and all units equipped with stove and refrigerators. Live in one unit and rent out the others let your income pay your mortgage! Beautiful Lot Annual income approx. $22,000. 48 hour notice if possible!

Last Agent to Sell the Property

Tara Plantholt

(443) 866-6784 taraplantholt@comcast.net Cummings & Co. Realtors Listed on: 02/12/2011

Cummings & Co. Realtors

Last Buyer's Agent

Pat Patton

(410) 207-0938 c21patton@aol.com CENTURY 21 New Millennium

CENTURY 21 New Millennium

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,092

Year Built

  • Built in 1940

Lot Details

  • 7,000 Sq Ft Lot
  • Home fronts navigable water
  • Property is in below average condition

Parking

  • On-Street Parking

Property Views

  • Water Views

Home Design

  • Brick Exterior Construction

Outdoor Features

  • Water Access
  • Tenant House

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1306021077

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Built by 4 UNIT APARTMENTS

Building Details

  • Operating Expense $3,515

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,092

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Remarks Public: Investors Delight-4 Units currently occupied on a quiet street 1 block from water in downtown HDG. All units have separate meters and all units equipped with stove and refrigerators. Live in one unit and rent out the others let your income pay your mortgage! Beautiful Lot Annual income approx. $22,000. 48 hour notice if possible!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: No
  • Price Per Sq Ft: 68.91
  • Street Number Modifier: 314

Exterior Features

  • Other Structures List: Tenant House
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: CHESAPEAKE BAY
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: 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

Lot Info

  • Improvement Assessed Value: 115300.00
  • Land Assessed Value: 77000.00
  • Lot Size Acres: 0.16
  • Lot Size Area: 7000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7000.00
  • Property Condition: Below Average
  • Year Assessed: 2010
  • Zoning: RB
  • In City Limits: Yes

Building Info

  • Builder Name: 4 UNIT APARTMENTS

Rental Info

  • Lease Term: Negotiable
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5526684
  • Tax Annual Amount: 3092.18
  • Assessor Parcel Number: 1306021077
  • Tax Total Finished Sq Ft: 2612
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010
  • Close Date: 01/13/2012

Multi Family

  • Dock Slip Conveyance: None Available
  • Gross Income: 22326.00
  • Operating Expense: 3515.00
  • Single Room Units Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2011
Closed on
Jan 13, 2012
Sold by
Roesler Joann M and Stuart Bailey E
Bought by
Lee John Roger and Lee Kathleen Ann
Seller's Agent
Tara Plantholt
Cummings & Co. Realtors
Buyer's Agent
Pat Patton
CENTURY 21 New Millennium
List Price
$180,000
Sold Price
$165,200
Premium/Discount to List
-$14,800
-8.22%
Current Estimated Value
$486,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,230
Avg. Annual Appreciation
7.89%
Original Mortgage
$123,900
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 1997
Sold by
Bowman Daniel C
Bought by
Roesler Joann M and Stuart Bailey E

Purchase Details

Closed on
Sep 7, 1984
Sold by
Hazard Jeffrey B
Bought by
Bowman Daniel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
14.42%
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 Type Sale Price Title Company
Deed $165,200 Key Title Inc
Deed $113,500 --
Deed $57,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,874 VA
Closed $33,000 Credit Line Revolving
Closed $278,205 Commercial
Closed $70,000 Credit Line Revolving
Closed $208,800 Commercial
Closed $145,000 Commercial
Closed $123,900 New Conventional
Previous Owner $45,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2012 01/13/12 Sold $165,200 0.0% --
01/13/2012 01/13/12 Sold $165,200 -8.2% --
11/17/2011 11/17/11 Pending -- -- --
11/17/2011 11/17/11 Pending -- -- --
11/02/2011 11/02/11 For Sale $180,000 +9.0% --
11/02/2011 11/02/11 Off Market $165,200 -- --
08/12/2011 08/12/11 For Sale $180,000 0.0% --
07/21/2011 07/21/11 Pending -- -- --
06/22/2011 06/22/11 Price Changed $180,000 -7.7% --
05/19/2011 05/19/11 For Sale $195,000 +30.0% --
02/12/2011 02/12/11 For Sale $150,000 -- --
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 $2,179 $243,767 $0 $0
2024 $2,179 $228,600 $67,000 $161,600
2023 $2,114 $221,800 $0 $0
2022 $2,050 $215,000 $0 $0
2021 $1,029 $208,200 $67,000 $141,200
2020 $1,029 $204,567 $0 $0
2019 $2,016 $200,933 $0 $0
2018 $1,910 $197,300 $77,000 $120,300
2017 $1,817 $197,300 $0 $0
2016 -- $175,700 $0 $0
2015 $1,921 $164,900 $0 $0
2014 $1,921 $164,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004303628

Bright MLS

APN: 06-021077