NOT LISTED FOR SALE

44 Wayside Ave Hagerstown, MD 21740

Central Neighborhood

Estimated Value: $236,000 - $258,000

Studio
3 Baths
2,184 Sq Ft
$112/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $185,000 $85 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,388/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • No HOA

About This Home

As of July 2021

Nice return on investment on this 3 unit (fully leased) Colonial in Hagerstown. Lots of updates from the owner inc. vinyl windows, vinyl siding, furnace kitchen and bath. Deep lot with parking avail off street. 24 notice to show

Last Agent to Sell the Property

Jim Ward

(301) 745-4400 jwardrealestate@gmail.com The Glocker Group Realty Results Listed on: 06/14/2021

Last Buyer's Agent

James Mosby

(301) 797-2300 james.mosby@lnf.com Long & Foster Real Estate, Inc. License #643107

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,534

Year Built

  • Built in 1911

Lot Details

  • 9,840 Sq Ft Lot

Home Design

  • 2,184 Sq Ft Home
  • Triplex
  • Colonial Architecture
  • Vinyl Siding

Parking

  • Alley Access
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for gas, real estate taxes, water, sewer, trash collection
  • Assessor Parcel Number 2222011332

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Net Operating Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,534

Year Built

Built in 1911

Lot Details

9,840 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1911
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Total Sq Ft: 2184
  • Living Area Sq Ft: 2184
  • Price Per Sq Ft: 84.71
  • Above Grade Finished Sq Ft: 2184
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Alley, On Street, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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: 113800.00
  • Land Assessed Value: 37400.00
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9840.00
  • Zoning: RMED
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Number Of Units Month To Month: 1
  • Owner Pays: Gas, Taxes - Real Estate, Water, Sewer, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 27000.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11626345
  • Tax Annual Amount: 2534.00
  • Assessor Parcel Number: 2222011332
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Jun 23, 2021
Sold by
Hayes Robert M and Hayes Maura A
Bought by
Adinkra Investment Group Llc
Seller's Agent
Jim Ward
The Glocker Group Realty Results
Buyer's Agent
James Mosby
Long & Foster Real Estate, Inc.
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%
Current Estimated Value
$245,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,101
Avg. Annual Appreciation
6.35%
Original Mortgage
$148,000
Outstanding Balance
$110,265
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$134,836

Purchase Details

Closed on
Jan 13, 2005
Sold by
Buonocore John T and Buonocore Maura A
Bought by
Hayes Robert M and Hayes Maura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 12, 1989
Sold by
Hardy William J
Bought by
Buonocore John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
10.2%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Adinkra Investment Group Llc $185,000 Licoln Title
Hayes Robert M -- --
Buonocore John T $56,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adinkra Investment Group Llc $148,000
Previous Owner Hayes Robert M $75,000
Previous Owner Buonocore John T $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2021 07/23/21 Sold $185,000 0.0% $85 / Sq Ft
06/28/2021 06/28/21 Price Changed $185,000 -5.1% $85 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $195,000 -- $89 / 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 $1,552 $179,900 $37,400 $142,500
2024 $1,552 $170,333 $0 $0
2023 $1,471 $160,767 $0 $0
2022 $1,377 $151,200 $37,400 $113,800
2021 $1,413 $141,033 $0 $0
2020 $1,129 $130,867 $0 $0
2019 $1,129 $120,700 $37,400 $83,300
2018 $1,209 $120,700 $37,400 $83,300
2017 $1,209 $120,700 $0 $0
2016 -- $129,300 $0 $0
2015 $2,890 $129,300 $0 $0
2014 $2,890 $129,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Ward

    Seller's Agent in 2021

    Jim Ward

    The Glocker Group Realty Results

    (301) 730-1406

    2 in this area

    37 Total Sales

    Jim Ward
    Section Image
  • James Mosby

    Buyer's Agent in 2021

    James Mosby

    Long & Foster

    (703) 256-6999

    2 in this area

    60 Total Sales

    James Mosby
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWA180540

Bright MLS

APN: 22-011332

Maryland Washington County Hagerstown 21740 Central

44 Wayside Ave, Hagerstown, MD

Not Listed for Sale

MultiFamily

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