NOT LISTED FOR SALE

320 N Bentz St Frederick, MD 21701

Downtown Frederick Neighborhood

Estimated Value: $458,000 - $526,000

5 Beds
3 Baths
1,056 Sq Ft
$472/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $265,000 $251 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,104/month

22 Days on Market

Highlights

  • City View
  • No HOA
  • Window Unit Cooling System
  • Parkway Elementary School Rated A-
  • Paneling
  • 3-minute walk to Memorial Park

About This Home

As of April 2017

Great investment opportunity in downtown Frederick. One 3BR $1,250mo / one 2BR $850mo both currently leased month-to-month plus 4 parking off street parking spaces. Live in one unit and rent the other or rent both. LBP Certified. Property consists of 4 city lots tax IDs (1102016451, 1102016478, 1102016443, 1102016435). Owner pays taxes and water/sewer only and renters pay electric and gas.

Last Agent to Sell the Property

Michael Muren

(301) 945-9010 MikeMuren@gmail.com Long & Foster Real Estate, Inc. Listed on: 02/10/2017

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Adam Ellison

(301) 945-9010 adamellisonhomes@gmail.com Long & Foster Real Estate, Inc. License #644727

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $224

Year Built

  • Built in 1895

Lot Details

  • 1,054 Sq Ft Lot
  • Property is in very good condition

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Paneling
  • City Views
  • Basement
  • Exterior Basement Entry

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • The owner pays for real estate taxes
  • Tax Lot 3
  • Assessor Parcel Number 1102016451

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $5,830
  • Net Operating Income $19,370

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$224

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1895
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Paneled Walls
  • Basement: Yes
  • Basement Type: Outside Entrance

Exterior Features

  • Construction Materials: Combination, Brick
  • View: City
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Forced Air, Radiator
  • 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

  • Land Assessed Value: 12600.00
  • Lot Size Acres: 0.02
  • Lot Size Area: 1054
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1054.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: DR
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Taxes - Real Estate
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11578067
  • Tax Annual Amount: 224.26
  • Assessor Parcel Number: 1102016451
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

Multi Family

  • Gross Income: 25200.00
  • Metering: Electric Separate, Gas Separate
  • Operating Expense: 5830.00

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2021
Sold by
Fulton Garrett W
Bought by
Fulton Savannah E and Fulton Garrett W
Current Estimated Value
$498,667

Purchase Details

Listed on
Feb 10, 2017
Closed on
Apr 7, 2017
Sold by
Brown Terry R and Brown Natalie O
Bought by
Fulton Garrett W
Seller's Agent
Michael Muren
Long & Foster Real Estate, Inc.
Buyer's Agent
Adam Ellison
Long & Foster Real Estate, Inc.
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
Original Mortgage
$260,200
Outstanding Balance
$216,526
Interest Rate
4.21%
Mortgage Type
FHA
Estimated Equity
$282,141
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
Fulton Savannah E -- Accommodation
Fulton Garrett W $265,000 Clear Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fulton Garrett W $260,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2017 04/07/17 Sold $265,000 0.0% $251 / Sq Ft
03/04/2017 03/04/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $265,000 -- $251 / 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 $6,130 $361,700 $131,500 $230,200
2024 $6,130 $329,633 $0 $0
2023 $5,437 $297,567 $0 $0
2022 $4,844 $265,500 $94,600 $170,900
2021 $4,559 $256,633 $0 $0
2020 $4,512 $247,767 $0 $0
2019 $3,106 $170,700 $59,000 $111,700
2018 $2,990 $167,633 $0 $0
2017 $2,936 $170,700 $0 $0
2016 $3,026 $161,500 $0 $0
2015 $3,026 $161,500 $0 $0
2014 $3,026 $161,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Muren

    Seller's Agent in 2017

    Michael Muren

    Long & Foster Real Estate, Inc.

    (301) 524-4471

    5 in this area

    270 Total Sales

    Michael Muren
    Section Image
  • Adam Ellison

    Buyer's Agent in 2017

    Adam Ellison

    Long & Foster Real Estate, Inc.

    (301) 639-3260

    1 in this area

    104 Total Sales

    Adam Ellison
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001218559

Bright MLS

APN: 02-016443

Maryland Frederick County Frederick 21701 Downtown Frederick

320 N Bentz St, Frederick, MD

Not Listed for Sale

MultiFamily

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