NOT LISTED FOR SALE

401 Vermont Ave Hagerstown, MD 21740

West End Neighborhood

Estimated Value: $254,000 - $334,000

-- Bed
2 Baths
2,016 Sq Ft
$140/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $220,000 $109 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,706/month

1 Day on Market

About This Home

As of May 2022

Fully occupied brick duplex with a new roof installed in 2020! Both sides layout are the same on main level, have central a/c and gas heat. Each unit is metered separately and each resident pays for their own utilities. The basement is finished on one side and the other is very close to being finished. The vacant interior photos are of 405 Vermont Ave before the resident moved in this year and the occupied unit has a long term resident of 11 years. Nice yard, shared driveway and 2 small sheds on the property. Total monthly rent is $1,700 with an opportunity to raise the rent on the month to month unit. Add this one to your portfolio before someone else does!

Last Agent to Sell the Property

Drew Peters

Burch Real Estate Group, LLC License #RSR004251 Listed on: 04/29/2022

Last Buyer's Agent

Cristhian Huamani

RG Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,916

Year Built

  • Built in 1964

Lot Details

  • 7,500 Sq Ft Lot

Home Design

  • Duplex
  • Rambler Architecture
  • Brick Exterior Construction
  • Brick Foundation

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for insurance, management, real estate taxes
  • Tax Lot 17
  • Assessor Parcel Number 2225018591

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,916

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Remarks Public: Fully occupied brick duplex with a new roof installed in 2020! Both sides layout are the same on main level, have central a/c and gas heat. Each unit is metered separately and each resident pays for their own utilities. The basement is finished on one side and the other is very close to being finished. The vacant interior photos are of 405 Vermont Ave before the resident moved in this year and the occupied unit has a long term resident of 11 years. Nice yard, shared driveway and 2 small sheds on the property. Total monthly rent is $1,700 with an opportunity to raise the rent on the month to month unit. Add this one to your portfolio before someone else does!
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 2688
  • Living Area Sq Ft: 2016
  • Price Per Sq Ft: 182.29
  • Above Grade Finished Sq Ft: 1344
  • Below Grade Finished Sq Ft: 672
  • Below Grade Sq Ft: 672
  • Total Below Grade Sq Ft: 1344
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 401-405

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: WASHINGTON COUNTY PUBLIC SCHOOLS
  • School District Key: 121138761341
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 105100.00
  • Land Assessed Value: 45000.00
  • Land Use Code: R
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Year Assessed: 2022
  • Zoning: RMOD
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month, Long Term
  • Number Of Units Month To Month: 1
  • Owner Pays: None, Insurance, Management, Taxes - Real Estate
  • Total Actual Rent: 20400.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11624218
  • Tax Annual Amount: 2916.00
  • Assessor Parcel Number: 2225018591
  • Tax Lot: 17
  • Tax Total Finished Sq Ft: 2016
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/31/2022

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
May 31, 2022
Sold by
Daley Oliver B
Bought by
Huamani Cristhian Daniel
Seller's Agent
Drew Peters
Burch Real Estate Group, LLC
Buyer's Agent
Cristhian Huamani
RG Realty, Inc.
List Price
$245,000
Sold Price
$220,000
Premium/Discount to List
-$25,000
-10.2%
Current Estimated Value
$281,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,857
Avg. Annual Appreciation
7.75%
Original Mortgage
$187,000
Outstanding Balance
$177,769
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$102,246

Purchase Details

Listed on
Feb 12, 2020
Closed on
Oct 30, 2020
Sold by
Smith Real Estate Holding Llc
Bought by
Daley Oliver R
Seller's Agent
Denise Brining
Long & Foster Real Estate, Inc.
Buyer's Agent
Gloria Dever
Maryland Real Estate Group LLC
List Price
$155,000
Sold Price
$130,000
Premium/Discount to List
-$25,000
-16.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.51%
Original Mortgage
$97,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2004
Sold by
Obrien Virginia M
Bought by
Smith Real Estate Holding 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
Huamani Cristhian Daniel $220,000 None Listed On Document
Daley Oliver R $130,000 Olde Towne Title Inc
Smith Real Estate Holding Llc $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huamani Cristhian Daniel $187,000
Previous Owner Daley Oliver R $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $220,000 -10.2% $109 / Sq Ft
04/29/2022 04/29/22 For Sale $245,000 +88.5% $122 / Sq Ft
10/30/2020 10/30/20 Sold $130,000 -16.1% $64 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $155,000 +19.2% $77 / Sq Ft
08/11/2020 08/11/20 Off Market $130,000 -- --
02/12/2020 02/12/20 For Sale $155,000 -- $77 / 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
2025 $2,041 $261,000 $45,000 $216,000
2024 $2,041 $224,033 $0 $0
2023 $1,712 $187,067 $0 $0
2022 $1,367 $150,100 $45,000 $105,100
2021 $1,477 $147,433 $0 $0
2020 $1,329 $144,767 $0 $0
2019 $1,329 $142,100 $45,000 $97,100
2018 $1,424 $142,100 $45,000 $97,100
2017 $1,357 $142,100 $0 $0
2016 -- $145,100 $0 $0
2015 $3,633 $145,100 $0 $0
2014 $3,633 $145,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Drew Peters

    Seller's Agent in 2022

    Drew Peters

    Burch Real Estate Group, LLC

    (240) 586-0142

    4 in this area

    26 Total Sales

    Drew Peters
    Section Image
  • Cristhian Huamani

    Buyer's Agent in 2022

    Cristhian Huamani

    RG Realty, Inc.

    (240) 706-1082

    23 in this area

    110 Total Sales

    Cristhian Huamani
    Section Image

  • D

    Seller's Agent in 2020

    Denise Brining

    Long & Foster

    (301) 991-8527

    2 in this area

    8 Total Sales

    Denise Brining
    Section Image
  • Gloria Dever

    Buyer's Agent in 2020

    Gloria Dever

    Maryland Real Estate Group LLC

    (302) 540-9210

    2 in this area

    23 Total Sales

    Gloria Dever
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWA2007778

Bright MLS

APN: 25-018591

Maryland Washington County Hagerstown 21740 West End

401 Vermont Ave, Hagerstown, MD

This home is located at 401 Vermont Ave, Hagerstown, MD 21740 since 29 April 2022 and is currently estimated at $281,857, approximately $139 per square foot. This property was built in 1964. 401 Vermont Ave is a home located in Washington County with nearby schools including Salem Avenue Elementary School, Western Heights Middle School, and South Hagerstown High School.

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