NOT LISTED FOR SALE

5 E Main St Thurmont, MD 21788

Studio
-- Bath
4,390 Sq Ft
2,040 Sq Ft Lot Lot

Sale Details

Date 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
Angella Vicky and Bostian Vicky J
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
$577,914
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 Listed On Document
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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