NOT LISTED FOR SALE

504 W King St Martinsburg, WV 25401

Estimated Value: $232,000 - $308,000

-- Bed
3 Baths
4,750 Sq Ft
$56/Sq Ft Est. Value

Last Sold May 18, 2020

Last sale price $140,000 $29 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,679/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • Attic
  • Burke Street Elementary School Rated 9+
  • Wood Flooring
  • No HOA

About This Home

As of May 2020

Investors! Don't miss this great opportunity to buy this all Brick building with 3 revenue streams! 1st unit is a 3 bedroom 1 bath house with hardwood floors, large family room, separate dining room, kitchen with a large pantry and more. Units 2 & 3 are both 2 bedrooms 1 bath units with kitchen, family room and the lower level has a huge living room with a fireplace. All 3 units have updated 200 Amp electrical panels. The back yard can possibly be used to give you off street parking. This building is priced to sell quick so don't delay.

Last Agent to Sell the Property

Eric Butler

Gain Realty Listed on: 03/20/2020

Last Buyer's Agent

Del Grimes

Samson Properties

Samson Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,082

Year Built

  • Built in 1870

Lot Details

  • 7,012 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Slate Roof
  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • Bathtub with Shower
  • 4,750 Sq Ft Home
  • Traditional Floor Plan
  • Built-In Features
  • Wood Flooring
  • Attic

Kitchen

  • Kitchen in Efficiency Studio
  • Electric Oven or Range

Basement

  • Exterior Basement Entry
  • Dirt Floor
  • Crawl Space

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Electric Baseboard Heater
  • Heating System Uses Steam
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 0206001401230000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,082

Year Built

Built in 1870

Lot Details

0

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
  • Expected On Market: 2020-03-20
  • Year Built: 1870
  • Remarks Public: Investors! Don't miss this great opportunity to buy this all Brick building with 3 revenue streams! 1st unit is a 3 bedroom 1 bath house with hardwood floors, large family room, separate dining room, kitchen with a large pantry and more. Units 2 & 3 are both 2 bedrooms 1 bath units with kitchen, family room and the lower level has a huge living room with a fireplace. All 3 units have updated 200 Amp electrical panels. The back yard can possibly be used to give you off street parking. This building is priced to sell quick so don't delay.
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Oven/Range - Electric
  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Built-Ins, Floor Plan - Traditional, Kitchen - Efficiency, Tub Shower, Wood Floors
  • Foundation Details: Stone, Crawl Space
  • Basement: Yes
  • Basement Type: Outside Entrance, Dirt Floor
  • Total Sq Ft: 4750
  • Living Area Sq Ft: 4750
  • Price Per Sq Ft: 29.45
  • Above Grade Finished Sq Ft: 4750
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 504

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Roof: Metal, Asphalt, Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil, Electric
  • Heating Type: Radiator, Steam, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: BERKELEY COUNTY SCHOOLS
  • School District Key: 121139330472
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7012.00
  • Property Condition: Good, Below Average, Very Good
  • Year Assessed: 2019
  • Zoning: 103
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1081.60
  • Assessor Parcel Number: 0206001401230000
  • Tax Year: 2019
  • Close Date: 05/18/2020

MLS Schools

  • School District Name: BERKELEY COUNTY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2020
Sold by
Bound Julian J
Bought by
504 W King Street Martinsburg Wv Llc
Total Days on Market
7
Current Estimated Value
$264,384

Purchase Details

Listed on
Mar 20, 2020
Closed on
May 18, 2020
Sold by
Niederhauser Carlos
Bought by
Bound Julian J
Seller's Agent
Eric Butler
Gain Realty
Buyer's Agent
Del Grimes
Samson Properties
List Price
$139,900
Sold Price
$140,000
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.17%

Purchase Details

Closed on
Oct 18, 2019
Sold by
Ruiz Robert E
Bought by
Niederhauser Carlos

Purchase Details

Closed on
Apr 9, 2018
Sold by
Grove Elva R and Harry B Grove Estate
Bought by
Ruiz Robert Edward
Source: Public Records

Range of Values:

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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
504 W King Street Martinsburg Wv Llc -- None Available
Bound Julian J $140,000 None Available
Niederhauser Carlos -- None Available
Ruiz Robert Edward $56,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2020 05/18/20 Sold $140,000 +0.1% $29 / Sq Ft
03/28/2020 03/28/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $139,900 -- $29 / 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 $2,851 $90,840 $18,120 $72,720
2023 $2,878 $89,460 $16,740 $72,720
2022 $2,533 $83,520 $16,740 $66,780
2021 $2,408 $78,840 $16,740 $62,100
2020 $863 $18,830 $4,190 $14,640
2019 $526 $18,100 $4,190 $13,910
2018 $547 $17,800 $4,190 $13,610
2017 $495 $52,030 $12,560 $39,470
2016 $0 $51,130 $12,560 $38,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: WVBE175774

Bright MLS

APN: 06-14-01230000