Barak Sky
Serhant
(240) 363-9670
828 Total Sales
1 in Thurmont
$550,000 Price
402 E Main St Thurmont, MD 21788
Thurmont AreaEstimated Value: $247,000 - $425,000
Studio
2
Baths
2,760
Sq Ft
$134/Sq Ft
Est. Value
Highlights
- 0.9 Acre Lot
- 5 Car Detached Garage
- Radiator
About This Home
As of May 2024RARE OPPORTUNITY to own a 2-unit investment property with additional garage space rental income.
Both units are 2-bedroom 1 bath. Several ways to look at this property. Rent the 2 units for full investment income or live in one unit and rent the other unit to keep cost of living down. Property in excellent structural condition with a new roof. Plenty of off-street parking and 5 garages convey along with a nice green space rear yard. Property can also have a commercial value for professional office space on the first floor with residential rental on the second floor. Purchaser to verify with Town of Thurmont. Convenient to schools, parks, restaurants, and stores. Both units are vacant and can be viewed without interruption. Passive income properties are hard to find in today's world. Hurry to make this one yours.
Last Agent to Sell the Property
(301) 695-3020 info@realestateteams.com Real Estate Teams, LLC License #632617 Listed on: 04/02/2024
Last Buyer's Agent
(301) 695-3020 info@realestateteams.com Real Estate Teams, LLC License #632617 Listed on: 04/02/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,430
Year Built
- Built in 1915
Lot Details
- 39,204 Sq Ft Lot
Parking
- 5 Car Detached Garage
- Front Facing Garage
- Driveway
Home Design
- Duplex
- Bi-Level Home
- Frame Construction
Schools
- Thurmont Elementary And Middle School
- Catoctin High School
Utilities
- Window Unit Cooling System
- Radiator
- Heating System Uses Oil
- Oil Water Heater
Listing and Financial Details
- Assessor Parcel Number 1115318686
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
Listed on
Apr 2, 2024
Closed on
May 10, 2024
Sold by
Green Dorothy M
Bought by
Seller's Agent
Scott Clabaugh
Real Estate Teams, LLC
Buyer's Agent
Scott Clabaugh
Real Estate Teams, LLC
List Price
$379,900
Sold Price
$370,000
Premium/Discount to List
-$9,900
-2.61%
Views
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202
Avg. Annual Appreciation
0.02%
Original Mortgage
$270,000
Outstanding Balance
$263,825
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving
Estimated Equity
$106,377
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Thurmont, MD
-
Barak Sky
-
Michael Kurtianyk
Michael Kurtianyk
Mackintosh, Inc.
(240) 772-5225
53 Total Sales
2 in Thurmont
$450K - $678K Price Range
-
Roberta McNamara
Roberta McNamara
RE/MAX Results
(410) 862-3981
83 Total Sales
1 in Thurmont
$385,000 Price
-
Paul Katrivanos
Paul Katrivanos
RE/MAX Plus
(240) 571-2414
77 Total Sales
1 in Thurmont
$362,000 Price
-
Bob Lucido
Bob Lucido
Keller Williams Lucido Agency
(667) 303-1729
2,561 Total Sales
2 in Thurmont
$400K - $410K Price Range
-
Steve Powell
Steve Powell
Samson Properties
(240) 730-4419
188 Total Sales
2 in Thurmont
$370K - $425K Price Range
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 |
|---|---|---|---|
| $370,000 | Creekside Title |
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 |
|---|---|---|---|
| Open | $270,000 |
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 |
|---|---|---|---|---|
| 05/10/2024 05/10/24 | Sold | $370,000 | -2.6% | $134 / Sq Ft |
| 04/10/2024 04/10/24 | Pending | -- | -- | -- |
| 04/02/2024 04/02/24 | For Sale | $379,900 | -- | $138 / Sq Ft |
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 |
|---|---|---|---|---|
| 2026 | $4,461 | $322,400 | $81,400 | $241,000 |
| 2025 | $4,007 | $291,533 | ||
| 2024 | $4,007 | $260,667 | $0 | $0 |
| 2023 | $3,479 | $229,800 | $76,700 | $153,100 |
| 2022 | $3,431 | $226,567 | $0 | $0 |
| 2021 | $3,337 | $223,333 | $0 | $0 |
| 2020 | $3,290 | $220,100 | $76,700 | $143,400 |
| 2019 | $3,265 | $218,433 | $0 | $0 |
| 2018 | $3,288 | $216,767 | $0 | $0 |
| 2017 | $3,187 | $215,100 | $0 | $0 |
| 2016 | $3,629 | $209,833 | $0 | $0 |
| 2015 | $3,629 | $204,567 | $0 | $0 |
| 2014 | $3,629 | $199,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Clabaugh
SC
Seller's Agent in 2024
Scott Clabaugh
Real Estate Teams, LLC
(301) 606-5082
11 Total Sales
Map
Source: Bright MLS
MLS Number: MDFR2046566
APN: 15-318686
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