NOT LISTED FOR SALE

Estimated Value: $418,936 - $455,000

Studio
2 Baths
1,688 Sq Ft
$259/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $307,000 $182 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,757/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Garden View
  • Traditional Floor Plan
  • Main Floor Bedroom
  • Attic

About This Home

As of April 2021

Great investment opportunity in Downtown Frederick! Featuring 2 units each offering 2 beds, 1 full bath, a living room and kitchen. Both units include stainless steel appliances and hardwood flooring. Fenced in yard and off street parking in rear. Convenient access to shopping, dining, local attractions and commuter routes. This fantastic property has great potential and lots to offer!

Last Agent to Sell the Property

Jay Day

(877) 366-2213 mdbrokers@lptrealty.com LPT Realty, LLC License #593890 Listed on: 02/23/2021

Co-Listed By

Christina Day

(877) 366-2213 mdbrokers@lptrealty.com LPT Realty, LLC

Last Buyer's Agent

Keith Lay

(301) 658-6186 keith.lay@redfin.com Redfin Corp License #675838

Redfin Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,846

Year Built

  • Built in 1860

Lot Details

  • 5,942 Sq Ft Lot
  • Infill Lot
  • Level Lot
  • Back Yard
  • Property is in average condition

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Plaster Walls
  • Metal Roof

Interior Spaces

  • Main Floor Bedroom
  • 1,688 Sq Ft Home
  • Traditional Floor Plan
  • Ceiling Fan
  • 1 Fireplace
  • Wood Frame Window
  • Garden Views
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Side Exterior Basement Entry
  • Dirt Floor

Parking

  • 4 Parking Spaces
  • 4 Off-Street Spaces
  • Gravel Driveway
  • On-Street Parking

Outdoor Features

  • Exterior Lighting
  • Shed
  • Porch

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Programmable Thermostat
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1102098989

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,846

Year Built

Built in 1860

Lot Details

5,942 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: See Disclosures
  • Inclusions: See Disclosures
  • New Construction: No
  • Expected On Market: 2021-02-24
  • Year Built: 1860
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Disposal, Refrigerator, Extra Refrigerator/Freezer, Oven/Range - Electric, Water Heater
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Eat-In, Pantry, Wood Floors
  • Window Features: Wood Frame
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Basement: Yes
  • Basement Type: Connecting Stairway, Dirt Floor, Outside Entrance, Side Entrance, Walkout Stairs
  • Total Sq Ft: 1688
  • Living Area Sq Ft: 1688
  • Price Per Sq Ft: 181.87
  • Above Grade Finished Sq Ft: 1688
  • 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, Sidewalks
  • Roof: Metal
  • View: Street, Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, On Street
  • Off Street Parking Spaces: 4

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s), Ceiling Fan(s), Programmable Thermostat
  • Heating Fuel: Electric
  • Heating Type: Hot Water & Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 184900.00
  • Land Assessed Value: 63900.00
  • Lot Features: Rear Yard, Level
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5942.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Average
  • Zoning: DR
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Total Actual Rent: 30000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11504217
  • Tax Annual Amount: 3846.00
  • Assessor Parcel Number: 1102098989
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021

Multi Family

  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2019
Closed on
Mar 15, 2019
Sold by
Koros Llc
Bought by
Safren Benjamin Lazer
Seller's Agent
Brent Hawkins
L. P. Calomeris Realty
Buyer's Agent
Paula Duarte
RE/MAX Results
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$437,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,984
Avg. Annual Appreciation
8.43%
Original Mortgage
$245,471
Interest Rate
4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 2018
Sold by
Safren Benjamin Lazer
Bought by
Kataria Mohan and Kataria Rupa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,250
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2005
Sold by
Union No 2 Llc
Bought by
Koros Llc

Purchase Details

Closed on
Apr 20, 2004
Sold by
Abate Francis E and Abate Ruth E
Bought by
Union No 2 Llc

Purchase Details

Closed on
Mar 29, 1993
Sold by
Beane James M and Beane Annette
Bought by
Abate Francis E and Abate Ruth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,900
Interest Rate
7.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Safren Benjamin Lazer $250,000 Excalibur Title & Escrow Llc
Kataria Mohan $307,000 Accommodation
Koros Llc $247,500 --
Union No 2 Llc $166,000 --
Abate Francis E $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Safren Benjamin Lazer $245,471
Previous Owner Kataria Mohan $230,250
Previous Owner Abate Francis E $63,900
Closed Union No 2 Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2021 04/12/21 Sold $307,000 0.0% $182 / Sq Ft
03/01/2021 03/01/21 Price Changed $307,000 +2.3% $182 / Sq Ft
02/23/2021 02/23/21 For Sale $300,000 +20.0% $178 / Sq Ft
03/15/2019 03/15/19 Sold $250,000 0.0% $148 / Sq Ft View Prior Sale
02/04/2019 02/04/19 For Sale $250,000 -- $148 / 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 $6,097 $360,200 $139,700 $220,500
2024 $6,097 $323,067 $0 $0
2023 $5,268 $285,933 $0 $0
2022 $4,503 $248,800 $63,900 $184,900
2021 $3,989 $229,633 $0 $0
2020 $3,846 $210,467 $0 $0
2019 $3,470 $191,300 $61,900 $129,400
2018 $3,408 $191,067 $0 $0
2017 $3,449 $191,300 $0 $0
2016 $3,648 $190,600 $0 $0
2015 $3,648 $190,600 $0 $0
2014 $3,648 $190,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR277924

Bright MLS

APN: 02-098989

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