NOT LISTED FOR SALE

427 N Locust St Hagerstown, MD 21740

Central Neighborhood

Estimated Value: $239,000 - $290,000

-- Bed
3 Baths
2,516 Sq Ft
$104/Sq Ft Est. Value

Last Sold February 18, 2015

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

Est. 155% increase in value since last sale

Current estimated payment $1,501/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

(301) 491-7394 randallwagner@machomes.com Mackintosh, Inc. License #574129 Listed on: 09/23/2014

Last Buyer's Agent

Charlotte Ashton

(301) 991-2036 cashton61@yahoo.com RE/MAX Results License #RSR00541

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
  • 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

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

  • 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
  • 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
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

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
$262,446

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
$192,709
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$69,737

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
9.03%
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

Purchase Details

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

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:

--
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
Jara Llc $245,000 None Listed On Document
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
Closed Jara Llc $196,000
Previous Owner Pressick James G $160,000
Previous Owner Pressick James G $77,250
Previous Owner Bastian Gloria A $68,200
Closed Potts Kevin D --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

    127 Total Sales

    Randy Wagner
    Section Image
  • Charlotte Ashton

    Buyer's Agent in 2015

    Charlotte Ashton

    RE/MAX

    (301) 991-2036

    6 in this area

    137 Total Sales

    Charlotte Ashton
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003211234

Bright MLS

APN: 22-007734

Maryland Washington County Hagerstown 21740 Central

427 N Locust St, Hagerstown, MD

Not Listed for Sale

MultiFamily

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