NOT LISTED FOR SALE

5 E Main St Thurmont, MD 21788

Studio
-- Bath
4,390 Sq Ft
2,178 Sq Ft

Last Sold December 22, 2021

Last sale price $850,000 $194 Per Sq Ft

9 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater

About This Home

As of December 2021

This is your chance to own a part of Historic Thurmont MD, "Gateway to the Mountains!" Located on the corner of Main Street and N Church Street in beautiful Historic Thurmont MD. This property, (5 East Main St.) is one of three properties being sold together as a package at the listed price of $879,000. To cross-reference other properties included in this packaged price reference the following MLS #'s; (2 North Church St. - MDFR2003072, 8 N. Church St. MDFR2002696 and 5 East Main St. MD FR2002604). "5 East Main Street" is one of the two buildings in the package and has 5 units; 3 Residential - 1 Bedroom Units & 2 Street Front Commercial Units. "2 North Church Street" is the second building offered in the package and includes 8 units; 4 Residential - 2 Bedroom Units & 4 Street Front Commercial Units. All Commercial and Residential units are Tennant Occupied. All Commercial units are Street-Front. "8 N Church Street" is the third part of the package and is a fully paved 28-30 space parking lot that gives direct access to all apartments and businesses. Plenty of parking for tenants and patrons of businesses. Must see this Turn-Key set of Properties. Again, this listing consists of three separately parceled lots (2 N Church St, 5 E Main, and 8 N Church) sold together for the one package price of $879,000.

Last Agent to Sell the Property

Mark Olson

(833) 335-7433 dc.broker@exprealty.net EXP Realty, LLC License #5001942 Listed on: 08/15/2021

EXP Realty, LLC

Last Buyer's Agent

Mark Olson

(833) 335-7433 dc.broker@exprealty.net EXP Realty, LLC License #5001942 Listed on: 08/15/2021

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,738

Year Built

  • Built in 1900 | Remodeled in 2005

Lot Details

  • 2,040 Sq Ft Lot

Home Design

  • 4,390 Sq Ft Home
  • Bi-Level Home
  • Vinyl Siding
  • Stick Built Home
  • CPVC or PVC Pipes
  • Masonry

Parking

  • Driveway
  • Parking Lot

Schools

  • Catoctin High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Underground Utilities
  • Above Ground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1115318112

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,738

Year Built

Built in 1900 | Remodeled in 2005

Lot Details

2,040 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Over Storefront
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Exclusions: See attached documnents
  • Historic: No
  • Inclusions: See attached documents
  • New Construction: No
  • Year Built: 1900
  • Year Renovated: 2005
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Total Sq Ft: 4390
  • Living Area Sq Ft: 4390
  • Price Per Sq Ft: 200.23
  • Above Grade Finished Sq Ft: 4390
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Combination, Cpvc/Pvc, Masonry, Mixed, Stick Built, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s), Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Above Ground, Cable Tv Available, Electric Available, Phone Available, Under Ground, Sewer Available, Water Available, Other
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent
  • High School: CATOCTIN

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2040.00
  • Zoning: TB
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3738.00
  • Assessor Parcel Number: 1115318112
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2021
Closed on
Dec 22, 2021
Sold by
Bostian Vicky J and Angell Jay M
Bought by
Arc Homes Realties Llc
Seller's Agent
Mark Olson
EXP Realty, LLC
Buyer's Agent
Mark Olson
EXP Realty, LLC
List Price
$879,000
Sold Price
$850,000
Premium/Discount to List
-$29,000
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Outstanding Balance
$586,411
Interest Rate
3.12%

Purchase Details

Closed on
Oct 10, 2017
Sold by
Angell Charles R and Angell Lillian A
Bought by
Angell Charles R and Angell Lillian A

Purchase Details

Closed on
Apr 29, 1993
Sold by
Schaaf Gordon M
Bought by
Angell Charles R

Purchase Details

Closed on
Nov 5, 1985
Sold by
Angell Chas R and Angell Lillian A
Bought by
Schaaf Gordon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
12.01%
Source: Public Records
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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
Arc Homes Realties Llc $850,000 None Available
Arc Homes Realties Llc $850,000 None Listed On Document
Angell Charles R -- None Available
Angell Charles R $200,000 --
Schaaf Gordon M $445,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arc Homes Realties Llc $637,500
Closed Arc Homes Realties Llc $637,500
Previous Owner Schaaf Gordon M $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2021 12/22/21 Sold $850,000 -3.3% $194 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/15/2021 08/15/21 For Sale $879,000 -- $200 / 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 $4,661 $304,967 -- --
2024 $4,661 $293,333 $0 $0
2023 $4,949 $281,700 $34,400 $247,300
2022 $4,697 $267,900 $0 $0
2021 $4,340 $254,100 $0 $0
2020 $4,279 $240,300 $34,400 $205,900
2019 $4,197 $237,400 $0 $0
2018 $3,461 $234,500 $0 $0
2017 $4,006 $231,600 $0 $0
2016 $4,154 $225,200 $0 $0
2015 $4,154 $218,800 $0 $0
2014 $4,154 $212,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR2002604

Bright MLS

APN: 15-318112

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