NOT LISTED FOR SALE

505 Summit Ave Hagerstown, MD 21740

South End Neighborhood

Estimated Value: $232,000 - $257,314

Studio
3 Baths
2,490 Sq Ft
$97/Sq Ft Est. Value

Sale Details

Date Sold: July 15, 2020

Last sale price $149,900 $60 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,402 / mo

6 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Hot Water Baseboard Heater
  • 1 Fireplace
  • Window Unit Cooling System

About This Home

As of July 2020

Duplex in a Great Location Offering 2 Bedrooms 1 Bath in Each Unit. 505 1/2 is the front unit and 505 is the Rear. Separate Electric and 2 HWH. Common Water/Sewer and Heat. This Home Would be Perfect as an In-Law Suite / Multigenerational or Live in One and Rent the Other to Supplement you Mortgage. Newer Metal Roof and Vinyl Siding. YouTube Video Link: https://youtu.be/ElWaXrVEPto

Last Agent to Sell the Property

Chris Dickerson

(301) 745-4400 dickersonrealestate@gmail.com The Glocker Group Realty Results License #RSR000751 Listed on: 06/03/2020

Co-Listed By

Carol McNamee

(301) 745-4400 cmcnameerealestate@gmail.com The Glocker Group Realty Results License #WVS200301299

Last Buyer's Agent

Bill Kenny

(240) 309-6000 billkenny@kw.com Keller Williams Realty Centre

Keller Williams Realty Centre

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,246

Year Built

  • Built in 1900

Lot Details

  • 7,268 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • The owner pays for heat
  • Assessor Parcel Number 2203002438

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,246

Year Built

Built in 1900

Lot Details

7,268 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Fireplaces Count: 1
  • Total Sq Ft: 4080
  • Living Area Sq Ft: 2490
  • Price Per Sq Ft: 73.48
  • Above Grade Finished Sq Ft: 2040
  • Below Grade Finished Sq Ft: 450
  • Below Grade Sq Ft: 1590
  • Total Below Grade Sq Ft: 2040
  • 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: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • 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: 83300.00
  • Land Assessed Value: 46100.00
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7268.00
  • Zoning: RMOD
  • In City Limits: Yes

Rental Info

  • Owner Pays: Heat
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11591771
  • Tax Annual Amount: 2246.00
  • Assessor Parcel Number: 2203002438
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jul 15, 2020
Sold by
Benner Gary W
Bought by
Swanson Serene N
Seller's Agent
Chris Dickerson
The Glocker Group Realty Results
Buyer's Agent
Bill Kenny
Keller Williams Realty Centre
List Price
$149,900
Sold Price
$149,900
Current Estimated Value
$241,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,929
Avg. Annual Appreciation
8.66%
Original Mortgage
$149,900
Outstanding Balance
$133,168
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$108,661

Purchase Details

Closed on
Apr 4, 2001
Sold by
Hammond Frances C
Bought by
Benner Gary W

Purchase Details

Closed on
Sep 28, 2000
Sold by
Cantner Ethel Louise
Bought by
Cantner Ethel Louise L and Cantner E

Purchase Details

Closed on
Mar 28, 1994
Sold by
Bowman E I
Bought by
Hammond Frances C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,614
Interest Rate
7.15%
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
Swanson Serene N $149,900 Assurance Title Llc
Benner Gary W $3,000 --
Cantner Ethel Louise L -- --
Hammond Frances C $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanson Serene N $149,900
Previous Owner Hammond Frances C $90,614
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2020 07/15/20 Sold $149,900 0.0% $60 / Sq Ft
06/03/2020 06/03/20 For Sale $149,900 -- $60 / 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 $1,440 $172,400 $46,100 $126,300
2024 $1,440 $158,067 $0 $0
2023 $1,309 $143,733 $0 $0
2022 $1,179 $129,400 $46,100 $83,300
2021 $2,497 $124,933 $0 $0
2020 $1,121 $120,467 $0 $0
2019 $1,085 $116,000 $46,100 $69,900
2018 $1,406 $116,000 $46,100 $69,900
2017 $1,103 $116,000 $0 $0
2016 -- $118,000 $0 $0
2015 -- $118,000 $0 $0
2014 $2,987 $118,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Dickerson

    Seller's Agent in 2020

    Chris Dickerson

    The Glocker Group Realty Results

    (301) 992-8467

    16 in this area

    264 Total Sales

    Chris Dickerson
    Section Image
  • Carol McNamee

    Seller Co-Listing Agent in 2020

    Carol McNamee

    The Glocker Group Realty Results

    (240) 520-2900

    11 in this area

    182 Total Sales

    Carol McNamee
    Section Image
  • Bill Kenny

    Buyer's Agent in 2020

    Bill Kenny

    Keller Williams Realty Centre

    (301) 707-1678

    6 in this area

    113 Total Sales

    Bill Kenny
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWA172602

Bright MLS

APN: 03-002438

Maryland Washington County Hagerstown 21740 South End

505 Summit Ave, Hagerstown, MD

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