NOT LISTED FOR SALE

32 E Washington St Hagerstown, MD 21740

Central Neighborhood

Estimated Value: $523,678

Studio
-- Bath
9,014 Sq Ft
$58/Sq Ft Est. Value

Last Sold August 23, 2016

Last sale price $314,288 $35 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,962/month

181 Days on Market

Highlights

  • No HOA
  • Ruth Ann Monroe Primary School Rated A-
  • Baseboard Heating

About This Home

As of August 2016

Investment Opportunity 8 unit(2)Comm(6)Residential, located in Downtown Arts & Entertainment District and 1 block from the public square. 22 rented parking spaces. Recent renovations include all new vinyl windows, electrical service to all units, paint, baseboard heating, and new roof sell separately or with sister property WA9571744

Last Agent to Sell the Property

Roberto Gonzalez

(240) 203-6393 roberto@rgrealtyinc.com RG Realty, Inc. License #598229 Listed on: 02/15/2016

Last Buyer's Agent

Roberto Gonzalez

(240) 203-6393 roberto@rgrealtyinc.com RG Realty, Inc. License #598229 Listed on: 02/15/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,452

Year Built

  • Built in 1900

Lot Details

  • 7,595 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Parking

  • On-Street Parking
  • Surface Parking
  • 22 Assigned Parking Spaces

Schools

  • Eastern Elementary School

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 8 Units
  • Downtown Hagerstown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2222001507

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,452

Year Built

Built in 1900

Lot Details

7,595 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: No
  • Price Per Sq Ft: 40.26

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 22
  • Garage: No
  • Parking Features: Surface, Assigned
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

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

Schools

  • Elementary School: EASTERN

Lot Info

  • Improvement Assessed Value: 169200.00
  • Land Assessed Value: 60700.00
  • Lot Size Acres: 0.17
  • Lot Size Area: 7595
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7595.00
  • Zoning: CCMU
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11618798
  • Tax Annual Amount: 4451.83
  • Assessor Parcel Number: 2222001507
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Gross Income: 58968.00

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2016
Closed on
Aug 23, 2016
Sold by
Freedom Equity Llc
Bought by
Hardscrabble Return Llc
Seller's Agent
Roberto Gonzalez
RG Realty, Inc.
Buyer's Agent
Roberto Gonzalez
RG Realty, Inc.
List Price
$362,860
Sold Price
$314,288
Premium/Discount to List
-$48,572
-13.39%
Current Estimated Value
$523,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,390
Avg. Annual Appreciation
5.47%
Original Mortgage
$400,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 24, 2007
Sold by
Goldberg Jason S
Bought by
32 34 East Washington Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$972,000
Interest Rate
6.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 29, 2007
Sold by
Goldberg Jason S
Bought by
32 34 East Washington Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$972,000
Interest Rate
6.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2006
Sold by
Bristow Martha W Trustee
Bought by
Goldberg Jason S

Purchase Details

Closed on
Oct 20, 2006
Sold by
Bristow Martha W Trustee
Bought by
Goldberg Jason S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hardscrabble Return Llc $550,000 Attorney
32 34 East Washington Street Llc -- --
32 34 East Washington Street Llc -- --
Goldberg Jason S $365,000 --
Goldberg Jason S $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hardscrabble Return Llc $400,000
Closed 32 34 East Washington Street Llc $972,000
Closed 32 34 East Washington Street Llc $972,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2016 08/23/16 Sold $314,288 -13.4% $35 / Sq Ft
08/14/2016 08/14/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $362,860 -- $40 / Sq Ft
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 $2,492 $289,800 $52,500 $237,300
2024 $2,492 $273,567 $0 $0
2023 $2,344 $257,333 $0 $0
2022 $2,196 $241,100 $52,500 $188,600
2021 $2,488 $241,100 $52,500 $188,600
2020 $2,244 $241,100 $52,500 $188,600
2019 $2,274 $243,200 $52,500 $190,700
2018 $2,274 $243,200 $52,500 $190,700
2017 $2,274 $243,200 $0 $0
2016 -- $246,400 $0 $0
2015 $6,208 $240,900 $0 $0
2014 $6,208 $235,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Roberto Gonzalez

    Seller's Agent in 2016

    Roberto Gonzalez

    RG Realty, Inc.

    (301) 991-0207

    84 in this area

    180 Total Sales

    Roberto Gonzalez
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Map

Source: Bright MLS

MLS Number: 1003739281

Bright MLS

APN: 22-001507

Maryland Washington County Hagerstown 21740 Central

32 E Washington St, Hagerstown, MD

Not Listed for Sale

MultiFamily

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