NOT LISTED FOR SALE

427 N Locust St Hagerstown, MD 21740

Central Neighborhood

Estimated Value: $248,000 - $267,017

-- Bed
3 Baths
2,516 Sq Ft
$101/Sq Ft Est. Value

Last Sold February 18, 2015

Last sale price $103,000 $41 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $1,556/month

108 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Property is in very good condition
  • North Hagerstown High School Rated A-

About This Home

As of February 2015

Bank owned 3 unit full tenancy property in average to good condition one tenant on each level. lots of updates. Rear street parking

Last Agent to Sell the Property

Randy Wagner

Mackintosh, Inc. License #574129 Listed on: 09/23/2014

Last Buyer's Agent

Charlotte Ashton

RE/MAX Results License #WV0024703

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,036

Year Built

  • Built in 1893

Lot Details

  • 5,140 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Schools

  • Northern Middle School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

  • Stove
  • Exterior Basement Entry

Community Details

  • No Home Owners Association
  • 3 Units
  • Hagerstown Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 2222007734

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,036

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1893
  • Remarks Public: Bank owned 3 unit full tenancy property in average to good condition one tenant on each level. lots of updates. Rear street parking
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Stove, Refrigerator
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Fully Finished
  • Price Per Sq Ft: 47.66
  • Street Number Modifier: 427

Exterior Features

  • 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: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: WASHINGTON COUNTY PUBLIC SCHOOLS
  • Middle School: NORTHERN
  • School District Key: 121138761341
  • Middle Or Junior School: NORTHERN

Lot Info

  • Improvement Assessed Value: 81100.00
  • Land Assessed Value: 30000.00
  • Lot Size Acres: 0.12
  • Lot Size Area: 5140
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5140.00
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: RMED
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11633544
  • Tax Annual Amount: 2036.46
  • Assessor Parcel Number: 2222007734
  • Tax Lot: 16
  • Tax Total Finished Sq Ft: 2516
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 02/18/2015

Multi Family

  • Gross Income: 28584.00
  • Metering: Fully Separate

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2023
Sold by
Pressick James G
Bought by
Jara Llc
Current Estimated Value
$261,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Outstanding Balance
$193,532
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$67,932

Purchase Details

Closed on
Jan 26, 2021
Sold by
Pressick James G and Bengel Karen A
Bought by
Pressick James G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2014
Closed on
Feb 17, 2015
Sold by
The Columbia Bank
Bought by
Pressick James G and Bengel Karen A
Seller's Agent
Randy Wagner
Mackintosh, Inc.
Buyer's Agent
Charlotte Ashton
RE/MAX Results
List Price
$134,500
Sold Price
$103,000
Premium/Discount to List
-$31,500
-23.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%
Original Mortgage
$77,250
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2014
Sold by
Cosner Troy E and Cosner Carrie J
Bought by
The Columbia Bank

Purchase Details

Closed on
Feb 27, 2008
Sold by
Potts Kevin D
Bought by
Cosner Troy E and Cosner Carrie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 20, 2008
Sold by
Potts Kevin D
Bought by
Cosner Troy E and Cosner Carrie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 2, 2001
Sold by
Bastian Gloria A and Bastian Robert L
Bought by
Potts Kevin D and Kreimer Ralph F

Purchase Details

Closed on
May 24, 1991
Sold by
Singer Andrew L and Singer Rosie
Bought by
Bastian Gloria A and Bastian Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,200
Interest Rate
9.47%
Source: Public Records

Range of Values:

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Average Value
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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
Jara Llc $245,000 None Listed On Document
Pressick James G -- None Available
Pressick James G $103,000 None Available
The Columbia Bank $90,000 None Available
Cosner Troy E $120,000 --
Cosner Troy E $120,000 --
Potts Kevin D $89,900 --
Bastian Gloria A $90,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jara Llc $196,000
Previous Owner Pressick James G $160,000
Previous Owner Pressick James G $105,000
Previous Owner Pressick James G $77,250
Previous Owner Cosner Troy E $67,000
Previous Owner Cosner Troy E $136,800
Previous Owner Bastian Gloria A $68,200
Closed Potts Kevin D --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2015 02/18/15 Sold $103,000 -23.4% $41 / Sq Ft
01/09/2015 01/09/15 Pending -- -- --
09/23/2014 09/23/14 For Sale $134,500 -- $53 / 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 $1,482 $182,500 $30,000 $152,500
2024 $1,482 $162,667 $0 $0
2023 $1,301 $142,833 $0 $0
2022 $1,125 $123,000 $30,000 $93,000
2021 $1,214 $121,167 $0 $0
2020 $1,099 $119,333 $0 $0
2019 $1,099 $117,500 $30,000 $87,500
2018 $1,156 $115,367 $0 $0
2017 $1,039 $113,233 $0 $0
2016 -- $111,100 $0 $0
2015 $2,188 $111,100 $0 $0
2014 $2,188 $111,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randy Wagner

    Seller's Agent in 2015

    Randy Wagner

    Mackintosh, Inc.

    (301) 491-7394

    2 in this area

    135 Total Sales

    Section Image
  • Charlotte Ashton

    Buyer's Agent in 2015

    Charlotte Ashton

    RE/MAX

    (301) 991-2036

    7 in this area

    144 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1003211234

Bright MLS

APN: 22-007734

Maryland Washington County Hagerstown 21740 Central

427 N Locust St, Hagerstown, MD

This home is located at 427 N Locust St, Hagerstown, MD 21740 since 23 September 2014 and is currently estimated at $254,004, approximately $100 per square foot. This property was built in 1893. 427 N Locust St is a home located in Washington County with nearby schools including Pangborn Elementary School, Northern Middle School, and North Hagerstown High School.

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