$16,750
SOLD OCT 8, 2024
0.04 Acre
$418,750 Price per Acre
1,875 Sq Ft Lot

Recently Sold

16% Below List Price

1 Day on Market

About This Lot

As of October 2024

Discover this exceptional 0.05-acre lot located within the vibrant city limits of Hagerstown, offering a prime investment opportunity for both residential and commercial development. Positioned in a bustling area, this lot benefits from its proximity to local amenities such as shopping centers, dining options, parks, and cultural landmarks, with excellent connectivity to major highways and public transportation.

Features:

Size: 0.0430 acres
Zoning: Mixed-use (Residential and Commercial)
Utilities: Full access to city utilities including water, sewer, and electricity
Legal: Clear title available
This versatile plot is ideal for constructing a small retail outlet, cafe, professional office, or urban residential unit. Its strategic location ensures high foot traffic and growing demand, making it a lucrative choice for investors seeking to maximize returns in a thriving community.

Hagerstown combines historical charm with modern conveniences, set in a dynamic community known for its active lifestyle and robust events calendar. This lot offers investors and developers a manageable project with significant potential in a lively urban setting. Don't miss this unique opportunity to own a piece of Hagerstown's future.

Last Agent to Sell the Property

Stephen Owens

RG Realty, Inc. License #5007341 Listed on: 04/15/2024

Last Buyer's Agent

Stephanie Barton

EXP Realty, LLC License #5002659

EXP Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $288

Lot Details

  • 1,875 Sq Ft Lot
  • Adjacent lot available

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 144
  • Assessor Parcel Number 2225041666

Property Details

Property Type

Land

Est. Annual Taxes

$288

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Automatically Close On Close Date: No
  • Remarks Public: Discover this exceptional 0.05-acre lot located within the vibrant city limits of Hagerstown, offering a prime investment opportunity for both residential and commercial development. Positioned in a bustling area, this lot benefits from its proximity to local amenities such as shopping centers, dining options, parks, and cultural landmarks, with excellent connectivity to major highways and public transportation. Features: Size: 0.0430 acres Zoning: Mixed-use (Residential and Commercial) Utilities: Full access to city utilities including water, sewer, and electricity Legal: Clear title available This versatile plot is ideal for constructing a small retail outlet, cafe, professional office, or urban residential unit. Its strategic location ensures high foot traffic and growing demand, making it a lucrative choice for investors seeking to maximize returns in a thriving community. Hagerstown combines historical charm with modern conveniences, set in a dynamic community known for its active lifestyle and robust events calendar. This lot offers investors and developers a manageable project with significant potential in a lively urban setting. Don't miss this unique opportunity to own a piece of Hagerstown's future.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 8.93
  • Street Number Modifier: 494

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WASHINGTON COUNTY PUBLIC SCHOOLS
  • School District Key: 121138761341
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: Adjacent lot available
  • Land Use Code: R
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1875.00
  • Year Assessed: 2023
  • Zoning: U
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 288.00
  • Assessor Parcel Number: 2225041666
  • Tax Lot: 144
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 10/08/2024

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Mar 29, 2021
Sold by
Wilson Joseph A and Wilson Emily
Bought by
Collins Kevin L
Seller's Agent
Drew Peters
Burch Real Estate Group, LLC
Buyer's Agent
Liz Doyle
Long & Foster Real Estate, Inc.
List Price
$198,000
Sold Price
$168,000
Premium/Discount to List
-$30,000
-15.15%
Current Estimated Value
$194,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,870
Avg. Annual Appreciation
5.15%
Original Mortgage
$124,740
Outstanding Balance
$113,672
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$95,326

Purchase Details

Closed on
Dec 17, 2018
Sold by
Crown Hall Plaza One Llc
Bought by
Wilson Joseph A and Wilson Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,750
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 2018
Sold by
Central Dynamics Inc
Bought by
Crown Hall Plaza One Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2005
Sold by
Mock Benjamin A
Bought by
Central Dynamics Inc

Purchase Details

Closed on
Oct 31, 2005
Sold by
Mock Benjamin A
Bought by
Central Dynamics Inc
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $168,000 Keystone Ttl Stlmt Svcs Llc
Deed $169,000 None Available
Deed $87,500 None Available
Deed $200,000 --
Deed $200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $65,000 Credit Line Revolving
Open $124,740 New Conventional
Previous Owner $126,750 Commercial
Previous Owner $130,000 New Conventional
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Sold $16,750 -15.8% --
04/15/2024 04/15/24 For Sale $19,900 -88.2% --
03/30/2021 03/30/21 Sold $168,000 -1.1% $53 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
01/17/2021 01/17/21 Price Changed $169,900 -5.6% $54 / Sq Ft
12/19/2020 12/19/20 Price Changed $180,000 -9.1% $57 / Sq Ft
11/28/2020 11/28/20 For Sale $198,000 0.0% $63 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
11/16/2020 11/16/20 Price Changed $198,000 -10.0% $63 / Sq Ft
10/12/2020 10/12/20 For Sale $219,900 -- $69 / 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
2024 $1,402 $153,900 $0 $0
2023 $1,254 $137,100 $0 $0
2022 $1,096 $120,300 $20,000 $100,300
2021 $1,165 $116,267 $0 $0
2020 $1,012 $112,233 $0 $0
2019 $1,012 $108,200 $20,000 $88,200
2018 $1,084 $108,200 $20,000 $88,200
2017 $1,216 $108,200 $0 $0
2016 -- $130,100 $0 $0
2015 $3,082 $130,300 $0 $0
2014 $3,082 $130,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWA2021374

Bright MLS

APN: 25-005082