NOT LISTED FOR SALE

40 N Locust St Hagerstown, MD 21740

Central Neighborhood

Estimated Value: $147,000 - $217,000

-- Bed
2 Baths
1,930 Sq Ft
$94/Sq Ft Est. Value

Last Sold September 08, 2014

Last sale price $30,000 $16 Per Sq Ft

Est. 502% increase in value since last sale

Current estimated payment $1,062/month

108 Days on Market

Highlights

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

About This Home

As of September 2014

3 unit building in Hagerstown, near downtown Hagerstown. Live in one and rent out the other two units. Don't let this one pass you by.

Last Agent to Sell the Property

Jeanne Pino

Real Estate Innovations Listed on: 04/16/2014

Last Buyer's Agent

James Stoneham

Iron Valley Real Estate of Chambersburg License #5000253

Iron Valley Real Estate of Chambersburg

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 1,558 Sq Ft Lot
  • Back Yard Fenced

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Unfinished Basement

  • Exterior Basement Entry

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Units
  • Hagerstown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2222000837

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1908
  • Remarks Public: 3 unit building in Hagerstown, near downtown Hagerstown. Live in one and rent out the other two units. Don't let this one pass you by.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Unfinished
  • Price Per Sq Ft: 15.49
  • Street Number Modifier: 40

Exterior Features

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

Garage/Parking

  • Garage: No
  • 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

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 65100.00
  • Land Assessed Value: 20000.00
  • Lot Size Acres: 0.04
  • Lot Size Area: 1558
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1558.00
  • Year Assessed: 2013
  • Zoning: CCMU
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11619773
  • Tax Annual Amount: 1466.27
  • Assessor Parcel Number: 2222000837
  • Tax Total Finished Sq Ft: 1930
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 09/08/2014

Multi Family

  • Metering: Electric Separate
  • Vacancy Allowance Rate: 100.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2014
Closed on
Sep 8, 2014
Sold by
Thornell Re Iv B Llc
Bought by
Doubleq Properties Llc
Seller's Agent
Jeanne Pino
Real Estate Innovations
Buyer's Agent
James Stoneham
Iron Valley Real Estate of Chambersburg
List Price
$39,900
Sold Price
$30,000
Premium/Discount to List
-$9,900
-24.81%
Current Estimated Value
$180,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,652
Avg. Annual Appreciation
18.00%

Purchase Details

Closed on
Sep 4, 2013
Sold by
Benisek Oscar John and Benisek Paula L
Bought by
Thornell Re Iv B Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Doubleq Properties Llc $30,000 First American Title Ins Co
Thornell Re Iv B Llc $93,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Benisek Oscar John $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2014 09/08/14 Sold $30,000 -24.8% $16 / Sq Ft
08/02/2014 08/02/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $39,900 -- $21 / 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
2024 $774 $85,000 $0 $0
2023 $708 $77,700 $0 $0
2022 $641 $70,400 $20,000 $50,400
2021 $705 $70,400 $20,000 $50,400
2020 $655 $70,400 $20,000 $50,400
2019 $706 $75,500 $20,000 $55,500
2018 $706 $75,500 $20,000 $55,500
2017 $706 $75,500 $0 $0
2016 -- $75,500 $0 $0
2015 $1,621 $75,500 $0 $0
2014 $1,621 $75,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jeanne Pino

    Real Estate Innovations

  • James Stoneham

    Buyer's Agent in 2014

    James Stoneham

    Iron Valley Real Estate of Chambersburg

    (301) 661-9694

    3 in this area

    47 Total Sales

    James Stoneham
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002941630

Bright MLS

APN: 22-000837

Maryland Washington County Hagerstown 21740 Central

40 N Locust St, Hagerstown, MD

This home is located at 40 N Locust St, Hagerstown, MD 21740 since 16 April 2014 and is currently estimated at $180,652, approximately $93 per square foot. This property was built in 1908. 40 N Locust St is a home located in Washington County with nearby schools including Ruth Ann Monroe Primary School, Eastern Elementary School, and E. Russell Hicks Middle School.

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