NOT LISTED FOR SALE

4001 29th St Mount Rainier, MD 20712

Studio
-- Bath
-- Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: June 8, 2015

Last sale price $1,190,000

120 Days on Market

Highlights

  • No HOA
  • 60 Gallon+ Natural Gas Water Heater
  • Radiator
  • Window Unit Cooling System
  • Property is in very good condition

About This Home

As of June 2015

Excellent investment opportunity in Mt Rainier. Well kept 10 unit building with all 2 BR units. Covered off-street parking for tenants. Separately metered for electric. Further upside on rents. Seller financing available. Call for financials.

Last Agent to Sell the Property

Taylor Denchfield

(202) 537-3800 taylor_denchfield@yahoo.com Realty Pros Listed on: 12/15/2014

Last Buyer's Agent

Chung Wu

(301) 972-5588 clwu56@aol.com Libra Realty, LLC License #0225175798

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,957

Year Built

  • Built in 1964

Lot Details

  • 12,012 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Brick Exterior Construction

Parking

  • Covered Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • 60 Gallon+ Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot B.C
  • Assessor Parcel Number 17171883875

Community Details

Overview

  • No Home Owners Association
  • 10 Units
  • Mt Rainier Rogers 1St A Subdivision

Building Details

  • Income includes laundry, parking
  • Operating Expense $28,715
  • Net Operating Income $87,876

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,957

Year Built

Built in 1964

Lot Details

0.28 Acres

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1964
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: No

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
  • Garage Features: Covered Parking
  • Type Of Parking: Off Street

Utilities

  • Refuse: 344.20
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 875000.00
  • Land Assessed Value: 122700.00
  • Lot Size Acres: 0.28
  • Lot Size Area: 12012
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12012.00
  • Property Condition: Very Good
  • Zoning: R10
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14609642
  • Tax Annual Amount: 21956.69
  • Assessor Parcel Number: 17171883875
  • Tax Lot: B.C
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Multi Family

  • Gross Income: 138547.35
  • Income Includes: Laundry, Parking
  • Metering: Electric Separate
  • Operating Expense: 28714.78

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,000
Interest Rate
0.036%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Dec 15, 2014
Closed on
Jun 8, 2015
Sold by
Bought by
Seller's Agent
Taylor Denchfield
Realty Pros
Buyer's Agent
Chung Wu
Libra Realty, LLC
List Price
$1,275,000
Sold Price
$1,190,000
Premium/Discount to List
-$85,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$773,500
Interest Rate
0.0378%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$761,000
Interest Rate
0.0627%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 7, 2004
Sold by
Bought by

Purchase Details

Closed on
Mar 5, 1999
Sold by
Bought by

Purchase Details

Closed on
Dec 4, 1997
Sold by
Bought by

Purchase Details

Closed on
Nov 18, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$5,162,020 None Listed On Document
$1,190,000 Old Republic
$1,030,000 --
$780,000 --
$375,000 --
$110,000 --
$530,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $999,000
Closed $773,500
Closed $512,000
Closed $761,000
Closed $761,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/08/2015 06/08/15 Sold $1,190,000 -6.7% --
04/14/2015 04/14/15 Pending -- -- --
12/15/2014 12/15/14 For Sale $1,275,000 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $31,349 $1,464,433 -- --
2024 $31,349 $1,394,000 $122,700 $1,271,300
2023 $29,919 $1,333,100 $0 $0
2022 $37,329 $1,272,200 $0 $0
2021 $37,329 $1,211,300 $122,700 $1,088,600
2020 $26,576 $1,190,833 $0 $0
2019 $24,554 $1,170,367 $0 $0
2018 $25,399 $1,149,900 $122,700 $1,027,200
2017 $23,569 $1,099,167 $0 $0
2016 -- $1,048,433 $0 $0
2015 $21,218 $997,700 $0 $0
2014 $21,218 $997,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003280314

Bright MLS
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