NOT LISTED FOR SALE

Estimated Value: $343,003

-- Bed
2 Baths
1,792 Sq Ft
$191/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $236,000 $132 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,204/month

2 Days on Market

Highlights

  • Federal Architecture
  • Wood Flooring
  • Beamed Ceilings
  • Parkway Elementary School Rated A-
  • No HOA
  • Built-In Features

About This Home

As of July 2020

Three-unit investment property containing a main-level two-bedroom unit and two upper-level studio units in the heart of downtown Frederick. Located within walking distance of Baker Park, shopping and restaurants. Commercial/residential zoning offers flexibility. Move-in ready for immediate cash flow! newly constructed roof on rear addition. New foundation support walls, drain tile and concrete floor in the basement. Also a new laundry hook up station convenient for tenants is in the basement too! Note that property is being sold As Is. Still one of the best multi family values in Frederick!!

Last Agent to Sell the Property

Kathleen Ahrens

(301) 910-1691 kathy.ahrens@kw.com Keller Williams Realty Centre Listed on: 07/04/2020

Keller Williams Realty Centre

Last Buyer's Agent

Francis Murray

(301) 992-2163 franmurray@remax.net RE/MAX Plus License #0225262926

RE/MAX Plus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,087

Year Built

  • Built in 1890

Lot Details

  • 4,028 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Federal Architecture
  • Brick Exterior Construction
  • Plaster Walls

Interior Spaces

  • 1,792 Sq Ft Home
  • Built-In Features
  • Beamed Ceilings
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Basement

Kitchen

  • Electric Oven or Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Outdoor Features

  • Exterior Lighting
  • Shed

Schools

  • Parkway Elementary School
  • West Frederick Middle School
  • Frederick High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 1102027437

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,087

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2020-07-04
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Appliances: Microwave, Oven/Range - Electric, Refrigerator, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Laminated
  • Interior Amenities: Built-Ins, Combination Kitchen/Dining, Exposed Beams, Window Treatments, Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Basement: Yes
  • Total Sq Ft: 1792
  • Living Area Sq Ft: 1792
  • Price Per Sq Ft: 125.56
  • Above Grade Finished Sq Ft: 1792
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Satellite Dish, Sidewalks, Street Lights
  • 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
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: PARKWAY
  • High School: FREDERICK
  • Middle Or Junior School: WEST FREDERICK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 120100.00
  • Land Assessed Value: 71000.00
  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4028.00
  • Zoning: COMMERCIAL/RESIDENTIAL
  • Zoning Description: Commercial/residential
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 11497176
  • Tax Annual Amount: 3087.00
  • Assessor Parcel Number: 1102027437
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Number Of Units Vacant: 3

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2020
Sold by
Spinelli Joseph and Spinelli Camille
Bought by
Bronzini Group Md Llc
Current Estimated Value
$343,003

Purchase Details

Listed on
Jul 4, 2020
Closed on
Jul 17, 2020
Sold by
Vogelpohl Joseph M and Vogelpohl Kelly P
Bought by
Spinelli Joseph and Spinelli Camille
Seller's Agent
Kathleen Ahrens
Keller Williams Realty Centre
Buyer's Agent
Francis Murray
RE/MAX Plus
List Price
$225,000
Sold Price
$236,000
Premium/Discount to List
$11,000
4.89%

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
$200,600
Interest Rate
12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2008
Sold by
Maher Patrick Joseph
Bought by
Vogelpohl Joseph M and Vogelpohl Kelly P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,625
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2008
Sold by
Maher Patrick Joseph
Bought by
Vogelpohl Joseph M and Vogelpohl Kelly P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,625
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2000
Sold by
Maher Jospeh B Of
Bought by
Maher Patrick Joseph
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bronzini Group Md Llc -- None Available
Spinelli Joseph $236,000 None Available
Vogelpohl Joseph M $177,500 --
Vogelpohl Joseph M $177,500 --
Maher Patrick Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spinelli Joseph $200,600
Previous Owner Vogelpohl Joseph M $168,625
Previous Owner Vogelpohl Joseph M $168,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $236,000 +4.9% $132 / Sq Ft
07/04/2020 07/04/20 For Sale $225,000 -- $126 / 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 $4,888 $282,900 $99,000 $183,900
2024 $4,888 $252,300 $0 $0
2023 $4,212 $221,700 $0 $0
2022 $3,655 $191,100 $71,000 $120,100
2021 $3,491 $185,067 $0 $0
2020 $3,461 $179,033 $0 $0
2019 $3,147 $173,000 $71,000 $102,000
2018 $3,057 $171,367 $0 $0
2017 $3,052 $173,000 $0 $0
2016 $2,888 $168,100 $0 $0
2015 $2,888 $163,667 $0 $0
2014 $2,888 $159,233 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR266802

Bright MLS

APN: 02-027437