NOT LISTED FOR SALE

41 E Franklin St Hagerstown, MD 21740

Central Neighborhood

Estimated Value: $256,000 - $520,000

Studio
3 Baths
3,070 Sq Ft
$116/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $289,900 $94 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,969/month

Highlights

  • Window Unit Cooling System
  • Ruth Ann Monroe Primary School Rated A-
  • Hot Water Heating System

About This Home

As of May 2024

All-brick, 5-unit apartment building priced to sell! This is an instant value-add property, featuring separate electric meters and hot water heaters for each unit, private parking, numerous improvements, and low maintenance costs. Conveniently located close to all amenities in the gateway to the arts & entertainment district.

Last Agent to Sell the Property

Roberto Gonzalez

(240) 203-6393 roberto@rgrealtyinc.com RG Realty, Inc. License #598229 Listed on: 04/19/2024

Last Buyer's Agent

Stephen Owens

(240) 203-6393 sowens@hagerstownprop.com RG Realty, Inc. License #5007341

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,022

Year Built

  • Built in 1895

Lot Details

  • 2,473 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • Downtown Hagerstown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2222006134

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,022

Year Built

Built in 1895

Lot Details

2,473 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1895
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Total Sq Ft: 4265
  • Living Area Sq Ft: 3070
  • Price Per Sq Ft: 94.43
  • Above Grade Finished Sq Ft: 3070
  • Below Grade Sq Ft: 1195
  • Total Below Grade Sq Ft: 1195
  • Above Grade Finished Area Units: Square Feet

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: Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2473.00
  • Zoning: CCMU
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3022.00
  • Assessor Parcel Number: 2222006134
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2025
Sold by
Collins Kevin Lajuan and Owens Stephen S
Bought by
Kvgerinvestments Llc
Current Estimated Value
$356,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Outstanding Balance
$320,377
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$36,327

Purchase Details

Listed on
Apr 19, 2024
Closed on
May 31, 2024
Sold by
41 Trust Land Trust and Sreenivas Sandesh
Bought by
Collins Kevin Lajuan and Owens Stephen S
Seller's Agent
Roberto Gonzalez
RG Realty, Inc.
Buyer's Agent
Stephen Owens
RG Realty, Inc.
List Price
$289,900
Sold Price
$289,900
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.81%
Original Mortgage
$50,000
Interest Rate
7.22%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 14, 2021
Sold by
Hag Llc
Bought by
Sreenivas Sandesh and 41 Trust Land Trusts

Purchase Details

Closed on
Sep 21, 2020
Sold by
Sosnick Wayne K
Bought by
Hag Llc

Purchase Details

Listed on
May 1, 2012
Closed on
Jun 20, 2016
Sold by
Baer Baer A and Baer Teresita C
Bought by
Sosnick Wayne K
Seller's Agent
Frances Parks
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Roberto Gonzalez
RG Realty, Inc.
List Price
$269,000
Sold Price
$182,500
Premium/Discount to List
-$86,500
-32.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%
Original Mortgage
$146,000
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2003
Sold by
Farmer Todd A
Bought by
Lauren Baer A and Lauren Teresita C

Purchase Details

Closed on
Sep 1, 1988
Sold by
Harple Doris G
Bought by
Farmer Todd A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
10.67%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kvgerinvestments Llc -- First American Title
Kvgerinvestments Llc -- First American Title
Collins Kevin Lajuan $289,900 First American Title
Sreenivas Sandesh $195,000 Premier Stlmts & Ttl Svcs Ll
Hag Llc -- Premier Stlmts & Ttl Svcs Ll
Sosnick Wayne K $182,500 Premier Settlements & Title
Lauren Baer A $170,000 --
Farmer Todd A $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kvgerinvestments Llc $322,000
Closed Kvgerinvestments Llc $322,000
Previous Owner Collins Kevin Lajuan $50,000
Previous Owner Collins Kevin Lajuan $270,000
Previous Owner Sosnick Wayne K $146,000
Previous Owner Farmer Todd A $56,000
Closed Lauren Baer A --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2024 05/30/24 Sold $289,900 0.0% $94 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $289,900 +58.8% $94 / Sq Ft
06/20/2016 06/20/16 Sold $182,500 -32.2% $59 / Sq Ft View Prior Sale
03/18/2016 03/18/16 Pending -- -- --
05/01/2012 05/01/12 For Sale $269,000 -- $88 / 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 $1,642 $202,900 $20,000 $182,900
2024 $1,642 $180,267 $0 $0
2023 $1,442 $157,633 $0 $0
2022 $1,230 $135,000 $20,000 $115,000
2021 $1,345 $134,233 $0 $0
2020 $1,241 $133,467 $0 $0
2019 $1,241 $132,700 $20,000 $112,700
2018 $1,314 $131,100 $0 $0
2017 $1,196 $129,500 $0 $0
2016 -- $127,900 $0 $0
2015 $3,708 $127,900 $0 $0
2014 $3,708 $127,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Roberto Gonzalez

    Seller's Agent in 2024

    Roberto Gonzalez

    RG Realty, Inc.

    (301) 991-0207

    83 in this area

    181 Total Sales

    Roberto Gonzalez
    Section Image

  • S

    Buyer's Agent in 2024

    Stephen Owens

    RG Realty, Inc.

    (970) 799-8636

    4 in this area

    7 Total Sales

    Stephen Owens
    Section Image
  • Frances Parks

    Seller's Agent in 2016

    Frances Parks

    Berkshire Hathaway HomeServices Homesale Realty

    (301) 667-5556

    29 Total Sales

    Frances Parks
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWA2021464

Bright MLS

APN: 22-006134

Maryland Washington County Hagerstown 21740 Central

41 E Franklin St, Hagerstown, MD

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.