NOT LISTED FOR SALE

527 Summit Ave Hagerstown, MD 21740

South End Neighborhood

Estimated Value: $294,000 - $331,000

Studio
2 Baths
2,500 Sq Ft
$123/Sq Ft Est. Value

Sale Details

Date Sold: June 24, 2024

Last sale price $290,000 $116 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,862 / mo

31 Days on Market

About This Home

As of June 2024

Explore the potential of this versatile duplex, offering a unique opportunity to reside in one part while generating income by renting out the rest. Featuring an upper unit equipped with 3 bathrooms and 4 bedrooms, Laundry room with tower-washer dryer. This property presents a variety of rental configurations to suit your needs. In excellent condition and with separate electric meters, it's designed for both convenience and cost-efficiency. The inclusion of gas heating and central air ensures comfort in all seasons. Visit and envision how you can maximize the property's income potential to its fullest.

Last Agent to Sell the Property

Roberto Gonzalez

(240) 203-6393 roberto@rgrealtyinc.com RG Realty, Inc. License #598229 Listed on: 04/22/2024

Last Buyer's Agent

Roberto Gonzalez

(240) 203-6393 roberto@rgrealtyinc.com RG Realty, Inc. License #598229 Listed on: 04/22/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,192

Year Built

  • Built in 1900

Lot Details

  • 5,395 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Stone Foundation
  • Stucco

Schools

  • Bester Elementary School
  • E. Russell Hicks Middle School
  • South Hagerstown Sr High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2203012344

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,192

Year Built

Built in 1900

Lot Details

5,395 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Total Sq Ft: 3400
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 111.60
  • Above Grade Finished Sq Ft: 2500
  • Below Grade Sq Ft: 900
  • Total Below Grade Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: BESTER
  • High School: SOUTH HAGERSTOWN SR
  • Middle Or Junior School: E. RUSSELL HICKS SCHOOL

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5395.00
  • Zoning: RMOD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3192.00
  • Assessor Parcel Number: 2203012344
  • Tax Year: 2023

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

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
Apr 22, 2024
Closed on
Jun 24, 2024
Sold by
Bought by
Seller's Agent
Roberto Gonzalez
RG Realty, Inc.
Buyer's Agent
Roberto Gonzalez
RG Realty, Inc.
List Price
$279,000
Sold Price
$290,000
Premium/Discount to List
$11,000
3.94%
Views
49
Current Estimated Value
$306,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,697
Avg. Annual Appreciation
2.71%
Original Mortgage
$284,747
Outstanding Balance
$279,306
Interest Rate
7.02%
Mortgage Type
FHA
Estimated Equity
$27,391

Purchase Details

Listed on
Jan 21, 2022
Closed on
Mar 11, 2022
Sold by
Bought by
Seller's Agent
Roland Layman
Samson Properties
Buyer's Agent
Allie Vasquez
Charis Realty Group
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.02%
Original Mortgage
$212,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 8, 2015
Closed on
Aug 28, 2015
Sold by
Bought by
Seller's Agent
Mohamed Desai
Realty Advantage of Maryland LLC
Buyer's Agent
Jay Day
LPT Realty, LLC
List Price
$174,999
Sold Price
$145,000
Premium/Discount to List
-$29,999
-17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$142,373
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 12, 2014
Closed on
Jul 21, 2014
Sold by
Bought by
Seller's Agent
David Bauer
EXP Realty, LLC
Buyer's Agent
Mohamed Desai
Realty Advantage of Maryland LLC
List Price
$114,900
Sold Price
$48,000
Premium/Discount to List
-$66,900
-58.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
173.20%

Purchase Details

Closed on
Feb 26, 2014
Sold by
Bought by

Purchase Details

Closed on
May 10, 2002
Sold by
Bought by

Purchase Details

Closed on
Apr 8, 1997
Sold by
Bought by

Purchase Details

Closed on
Apr 27, 1994
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
$66,400
Interest Rate
7.7%
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

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
$290,000 Premier Settlements Title
$290,000 Premier Settlements Title
$265,000 North American Title
$265,000 North American Title
$145,000 Excalibur Title & Escrow Llc
$48,000 None Available
$125,000 None Available
-- --
-- --
$66,500 --
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 $284,747
Closed $284,747
Previous Owner $212,000
Previous Owner $142,373
Previous Owner $66,400
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 Prior Sale
06/24/2024 06/24/24 Sold $290,000 +3.9% $116 / Sq Ft
04/22/2024 04/22/24 For Sale $279,000 +5.3% $112 / Sq Ft
03/11/2022 03/11/22 Sold $265,000 0.0% $106 / Sq Ft View Prior Sale
01/28/2022 01/28/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $265,000 +82.8% $106 / Sq Ft
08/28/2015 08/28/15 Sold $145,000 -3.3% $81 / Sq Ft View Prior Sale
07/25/2015 07/25/15 Price Changed $149,900 -6.3% $83 / Sq Ft
07/24/2015 07/24/15 Pending -- -- --
04/17/2015 04/17/15 Price Changed $159,900 -8.6% $89 / Sq Ft
04/08/2015 04/08/15 For Sale $174,999 +264.6% $97 / Sq Ft
07/21/2014 07/21/14 Sold $48,000 -12.6% $27 / Sq Ft View Prior Sale
06/24/2014 06/24/14 Pending -- -- --
06/12/2014 06/12/14 Price Changed $54,900 -15.4% $31 / Sq Ft
05/30/2014 05/30/14 Price Changed $64,900 -13.4% $36 / Sq Ft
05/10/2014 05/10/14 Price Changed $74,900 -16.7% $42 / Sq Ft
04/11/2014 04/11/14 Price Changed $89,900 -10.0% $50 / Sq Ft
03/16/2014 03/16/14 Price Changed $99,900 -13.1% $56 / Sq Ft
02/12/2014 02/12/14 For Sale $114,900 -- $64 / 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 $2,294 $251,800 $45,100 $206,700
2024 $1,905 $209,167 $0 $0
2023 $1,524 $166,533 $0 $0
2022 $1,129 $123,900 $45,100 $78,800
2021 $2,391 $119,633 $0 $0
2020 $1,039 $115,367 $0 $0
2019 $1,039 $111,100 $45,100 $66,000
2018 $1,026 $110,300 $0 $0
2017 $1,016 $109,500 $0 $0
2016 -- $108,700 $0 $0
2015 $2,578 $108,700 $0 $0
2014 $2,578 $108,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Roberto Gonzalez

    Seller's Agent in 2024

    Roberto Gonzalez

    RG Realty, Inc.

    (301) 991-0207

    18 in this area

    157 Total Sales

    Roberto Gonzalez
    Section Image
  • Roland Layman

    Seller's Agent in 2022

    Roland Layman

    Samson Properties

    (301) 992-7801

    11 in this area

    174 Total Sales

    Roland Layman
    Section Image
  • Allie Vasquez

    Buyer's Agent in 2022

    Allie Vasquez

    Charis Realty Group

    (240) 529-5021

    7 in this area

    160 Total Sales

    Allie Vasquez
    Section Image
  • Mohamed Desai

    Seller's Agent in 2015

    Mohamed Desai

    Realty Advantage of Maryland LLC

    (240) 888-2867

    2 in this area

    140 Total Sales

    Mohamed Desai
    Section Image
  • Jay Day

    Buyer's Agent in 2015

    Jay Day

    LPT Realty, LLC

    (866) 702-9038

    7 in this area

    1,145 Total Sales

    Jay Day
    Section Image
  • David Bauer

    Seller's Agent in 2014

    David Bauer

    EXP Realty, LLC

    (301) 788-4628

    4 Total Sales

    David Bauer
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWA2021534

Bright MLS

APN: 03-012344

Maryland Washington County Hagerstown 21740 South End

527 Summit Ave, Hagerstown, MD

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