Seller's Agent in 2021
Eric Exline
Roger Fairbourn Real Estate
(301) 988-5683
140 Total Sales
51 W Main St Hancock, MD 21750
Estimated Value: $302,775
--
Bed
--
Bath
6,250
Sq Ft
$48/Sq Ft
Est. Value
Highlights
- No HOA
- Heat Pump System
- 1-minute walk to C & O Canal Nhp
About This Home
As of December 2021Beautiful building in downtown Hancock MD also known as "Trail Town MD", property backs up to the Western Maryland Rails to Trails, next to C&O Canal, Potomac River, within walking distance to all the shops along Main St. This is one of the nicest buildings in downtown Hancock with plenty of room for your business plans. Building can be kept as it is with 2 rental apartments upstairs and a fitness gym on the main level, plenty of storage in the full basement under the building. Or you can open your own business on the main showroom floor which is almost 2000 SqFt and merge the top 2 floors back into one apartment to live in which is approximately 2200 SqFt of living space. Many updates have been done to the building including beams and columns to strengthen the retail floor as per the engineering company, updated electrical panels and wiring, updated plumbing, and a lot more. Don't miss out on the opportunity to own this gem of a building in the heart of Hancock MD.
Last Agent to Sell the Property
Roger Fairbourn Real Estate License #5001172 Listed on: 05/18/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,566
Year Built
- Built in 1926
Lot Details
- 2,765 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Brick Exterior Construction
- Rubber Roof
Interior Spaces
- 6,250 Sq Ft Home
- Basement Fills Entire Space Under The House
Schools
- Hancock Elementary School
- Hancock Middle Senior High School
Utilities
- Heat Pump System
- Electric Water Heater
- Municipal Trash
Community Details
- No Home Owners Association
- 3 Units
- 3-Story Building
Listing and Financial Details
- Assessor Parcel Number 2205002346
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2021
Closed on
Dec 10, 2021
Sold by
Forsyth Michael
Bought by
Keep Th Ball Rolling Llc
Seller's Agent
Eric Exline
Roger Fairbourn Real Estate
Buyer's Agent
Jackie Ball Daley
Northrop Realty
List Price
$265,000
Sold Price
$245,000
Premium/Discount to List
-$20,000
-7.55%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,775
Avg. Annual Appreciation
3.62%
Original Mortgage
$108,000
Outstanding Balance
$100,189
Interest Rate
2.98%
Mortgage Type
Commercial
Estimated Equity
$178,962
Purchase Details
Closed on
May 16, 2007
Sold by
Edwards Philip K
Bought by
Michael Forysth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,067
Interest Rate
6.24%
Purchase Details
Closed on
Mar 29, 2007
Sold by
Edwards Philip K
Bought by
Michael Forysth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,067
Interest Rate
6.24%
Purchase Details
Closed on
Oct 14, 1985
Sold by
Conn Fannie Y
Bought by
Widmyer Jack M and Widmyer Anna P
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Keep Th Ball Rolling Llc | $245,000 | Lakeside Title Company | |
| Michael Forysth | $220,000 | -- | |
| Michael Forysth | $220,000 | -- | |
| Widmyer Jack M | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Keep Th Ball Rolling Llc | $108,000 | |
| Previous Owner | Forsyth Michael | $19,548 | |
| Previous Owner | Forsyth Michael | $241,658 | |
| Previous Owner | Forsyth Michael | $271,715 | |
| Previous Owner | Forsyth Michael D | $267,700 | |
| Previous Owner | Michael Forysth | $265,067 | |
| Previous Owner | Michael Forysth | $265,067 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2021 12/10/21 | Sold | $245,000 | -7.5% | $39 / Sq Ft |
| 11/01/2021 11/01/21 | Price Changed | $265,000 | 0.0% | $42 / Sq Ft |
| 08/28/2021 08/28/21 | Price Changed | $265,000 | 0.0% | $42 / Sq Ft |
| 07/04/2021 07/04/21 | Pending | -- | -- | -- |
| 05/18/2021 05/18/21 | For Sale | $265,000 | -- | $42 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,236 | $245,900 | $0 | $0 |
| 2024 | $2,236 | $245,500 | $0 | $0 |
| 2023 | $2,233 | $245,100 | $27,000 | $218,100 |
| 2022 | $2,233 | $245,100 | $27,000 | $218,100 |
| 2021 | $2,282 | $245,100 | $27,000 | $218,100 |
| 2020 | $2,291 | $245,100 | $27,000 | $218,100 |
| 2019 | $2,290 | $245,067 | $0 | $0 |
| 2018 | $2,289 | $245,033 | $0 | $0 |
| 2017 | $2,269 | $245,000 | $0 | $0 |
| 2016 | -- | $242,633 | $0 | $0 |
| 2015 | $1,748 | $240,267 | $0 | $0 |
| 2014 | $1,748 | $237,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Jackie Ball Daley
Creig Northrop Team of Long & Foster
(443) 622-3022
156 Total Sales
Map
Source: Bright MLS
MLS Number: MDWA179902
APN: 05-002346
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 0 S Pennsylvania Ave
- 104 W High St
- 12 N Church St
- 0 Fulton St
- 9 Methodist Ave
- 11 Methodist Ave
- 147 W High St Unit 149
- 121 Washington St
- 116 Fairview Dr
- 209 Fulton St
- 214 Jackson St
- 102 E Main St
- 234 Maryland Ave
- 5 Brent St
- 6307 Pious Ridge Rd
- 13 Taliaferro St
- 0 Sable Run Rd
- 4846 Casper Rd
- 0 Forever View Ln Unit WVMO2005358
- 667 Thompson Rd