NOT LISTED FOR SALE

Estimated Value: $550,595

Studio
-- Bath
8,792 Sq Ft
$63/Sq Ft Est. Value

Sale Details

Date Sold: March 2, 2016

Last sale price $291,000 $33 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,174 / mo

17 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Property is in very good condition
  • Ruth Ann Monroe Primary School Rated A-
  • Multi-Tank Hot Water Heater

About This Home

As of March 2016

**Great Investment** - part of a 30+ unit portfolio - Next to City Hall in prime location. Solid monthly rent of $4,600 (7 units). Grocery store has been there for 10+ years. Beauty Store 2+ years. 4 apartments (2BR 1 BR each) very large and clean. 1 Office rented by a reputable management company. Fully occupied and renovated in 2014. Parking land next door included! 9,000 sqft Shows very well!!

Last Agent to Sell the Property

Stan Dimitrov

(301) 445-1395 generalmanager@smartrealtymd.com Smart Realty, LLC License #657955 Listed on: 01/22/2016

Smart Realty, LLC

Last Buyer's Agent

Cristhian Huamani

(240) 203-6393 myloyalagent@gmail.com RG Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900 | Remodeled in 2014

Lot Details

  • 11,030 Sq Ft Lot
  • Property is in very good condition

Parking

  • 6 Assigned Parking Spaces

Home Design

  • Brick Exterior Construction

Basement

  • Rear Basement Entry

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Multi-Tank Hot Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2222008781

Community Details

Overview

  • No Home Owners Association
  • 7 Units
  • Arts & Entertainment District Subdivision

Building Details

  • Operating Expense $12,143

Property Details

Home Type

Multi-Family

Year Built

Built in 1900 | Remodeled in 2014

Lot Details

0.25 Acres

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Year Renovated: 2014
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance
  • Price Per Sq Ft: 34.01

Exterior Features

  • Construction Materials: Concrete, Brick, Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 6
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Multi-Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 11030
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11030.00
  • Property Condition: Very Good
  • Zoning: CCMU

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 55200.00
  • Metering: Electric Separate
  • Operating Expense: 12143.00

Tax Info

  • Assessor Parcel Number: 11623513
  • Assessor Parcel Number: 2222008781

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

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

Closed on
Sep 30, 2022
Sold by
Bought by
Current Estimated Value
$550,595

Purchase Details

Listed on
Jan 22, 2016
Closed on
Mar 1, 2016
Sold by
Bought by
Seller's Agent
Stan Dimitrov
Smart Realty, LLC
Buyer's Agent
Cristhian Huamani
RG Realty, Inc.
List Price
$349,000
Sold Price
$291,000
Premium/Discount to List
-$58,000
-16.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%

Purchase Details

Listed on
Sep 11, 2012
Closed on
May 23, 2013
Sold by
Bought by
Seller's Agent
Steve Powell
Samson Properties
Buyer's Agent
Carlton Boujai
Samson Properties
List Price
$295,000
Sold Price
$235,000
Premium/Discount to List
-$60,000
-20.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$188,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 23, 2007
Sold by
Bought by

Purchase Details

Closed on
Dec 9, 2005
Sold by
Bought by

Purchase Details

Closed on
Jan 12, 2001
Sold by
Bought by
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

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
-- Premiere Settlement & Title
$291,000 Premier Settlements & Title
$235,000 Frederick Title Group
$420,000 --
$363,500 --
$170,000 --
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
Closed $188,000
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 Prior Sale
03/02/2016 03/02/16 Sold $291,000 -16.6% $33 / Sq Ft
02/08/2016 02/08/16 Pending -- -- --
01/22/2016 01/22/16 For Sale $349,000 +48.5% $40 / Sq Ft
05/23/2013 05/23/13 Sold $235,000 -20.3% $27 / Sq Ft View Prior Sale
04/10/2013 04/10/13 Pending -- -- --
09/11/2012 09/11/12 For Sale $295,000 -- $34 / 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
2025 $2,606 $286,100 $63,500 $222,600
2024 $2,605 $285,933 $0 $0
2023 $2,603 $285,767 $0 $0
2022 $2,602 $285,600 $63,500 $222,100
2021 $2,862 $285,600 $63,500 $222,100
2020 $2,659 $285,600 $63,500 $222,100
2019 $2,692 $287,900 $63,500 $224,400
2018 $2,519 $269,400 $0 $0
2017 $2,346 $250,900 $0 $0
2016 -- $232,400 $0 $0
2015 $7,168 $232,400 $0 $0
2014 $7,168 $224,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003739097

Bright MLS

APN: 22-008781

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