Seller's Agent in 2021
Eric Exline
ROGER FAIRBOURN NEXTGEN REALTY
(301) 988-5683
149 Total Sales
51 W Main St Hancock, MD 21750
Estimated Value: $297,587
Studio
--
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
(301) 988-5683 eric@ericexlineteam.com ROGER FAIRBOURN NEXTGEN REALTY License #RMR007073 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2021
Closed on
Dec 10, 2021
Sold by
Bought by
Seller's Agent
Eric Exline
ROGER FAIRBOURN NEXTGEN REALTY
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
$52,587
Avg. Annual Appreciation
4.39%
Original Mortgage
$108,000
Outstanding Balance
$99,158
Interest Rate
2.98%
Mortgage Type
Commercial
Estimated Equity
$198,429
Purchase Details
Closed on
May 16, 2007
Sold by
Bought by
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
Bought by
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
Bought by
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Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $245,000 | Lakeside Title Company | ||
| $220,000 | -- | ||
| $220,000 | -- | ||
| $75,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $108,000 | ||
| Previous Owner | $265,067 | ||
| Previous Owner | $265,067 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,240 | $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
-
Eric Exline
-
Jackie Ball Daley
Buyer's Agent in 2021
Jackie Ball Daley
Creig Northrop Team of Long & Foster
(443) 622-3022
158 Total Sales
Map
Source: Bright MLS
MLS Number: MDWA179902
APN: 05-002346
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