$37,296
SOLD SEP 17, 2019

531 Salem Ave Hagerstown, MD 21740

West End Neighborhood
-- Bed
-- Bath
1,904 Sq Ft
3,000 Sq Ft Lot

Recently Sold

$20 Per Sq Ft

7% Below List Price

30 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Electric Baseboard Heater

About This Home

As of April 2021

Conveniently Located Walking Distance from Multiple Restaurants, Bars & Much More. This Duplex is composed of 2 2bed/1bath Up & Down Units. Separate Electric Meters & Off- Street Parking. Tenants Pay Their Own Electricity & Heating. All Lead Certificates and City Inspections Up To Date. Long Term Tenants. Mixed Leases. Call For Current Rent Roll. This is Part of A Package Portfolio of 48 Units Composed of 9 Properties. Call for More Details.

Last Agent to Sell the Property

Cristhian Huamani

RG Realty, Inc. Listed on: 05/27/2019

Last Buyer's Agent

Cristhian Huamani

RG Realty, Inc. Listed on: 05/27/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 3,000 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • 1,904 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Vinyl Siding

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2225007220

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1904
  • Remarks Public: Conveniently Located Walking Distance from Multiple Restaurants, Bars & Much More. This Duplex is composed of 2 2bed/1bath Up & Down Units. Separate Electric Meters & Off- Street Parking. Tenants Pay Their Own Electricity & Heating. All Lead Certificates and City Inspections Up To Date. Long Term Tenants. Mixed Leases. Call For Current Rent Roll. This is Part of A Package Portfolio of 48 Units Composed of 9 Properties. Call for More Details.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Total Sq Ft: 1904
  • Living Area Sq Ft: 1904
  • Price Per Sq Ft: 21.01
  • Above Grade Finished Sq Ft: 1904
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 531

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: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WASHINGTON COUNTY PUBLIC SCHOOLS
  • School District Key: 121138761341
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 49800.00
  • Land Assessed Value: 21200.00
  • Land Use Code: 110
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3000.00
  • Year Assessed: 2019
  • Zoning: RMED
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11636241
  • Tax Annual Amount: 1375.00
  • Assessor Parcel Number: 2225007220
  • Tax Total Finished Sq Ft: 1904
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 09/17/2019

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
Apr 27, 2021
Sold by
H48 Partners Llc
Bought by
Case James
Seller's Agent
Craig Marsh
Marsh Realty
Buyer's Agent
Craig Marsh
Marsh Realty
List Price
$125,000
Sold Price
$77,000
Premium/Discount to List
-$48,000
-38.4%
Current Estimated Value
$159,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,827
Avg. Annual Appreciation
18.54%
Original Mortgage
$53,900
Outstanding Balance
$49,363
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$110,887

Purchase Details

Listed on
May 27, 2019
Closed on
Sep 20, 2019
Sold by
Beard Courtney D and Beard Carol J
Bought by
H48 Partners Llc
Seller's Agent
Cristhian Huamani
RG Realty, Inc.
Buyer's Agent
Cristhian Huamani
RG Realty, Inc.
List Price
$40,000
Sold Price
$37,296
Premium/Discount to List
-$2,704
-6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.44%
Original Mortgage
$1,190,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 1985
Sold by
Martin Vernon Robert
Bought by
Beard Courtney D and Beard Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
13.02%

Purchase Details

Closed on
Mar 19, 1982
Sold by
Eshelman Joseph C
Bought by
Martin Vernon Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
17.12%
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 Type Sale Price Title Company
Deed $77,000 Premier Stlmts & Titleservic
Deed $1,725,000 Premier Settlements & Ttl Sv
Deed $35,000 --
Deed $19,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $53,900 New Conventional
Previous Owner $1,190,000 Commercial
Previous Owner $250,000 Commercial
Previous Owner $117,000 Unknown
Previous Owner $25,000 No Value Available
Previous Owner $17,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $77,000 -23.0% $40 / Sq Ft
03/24/2021 03/24/21 Price Changed $100,000 -20.0% $53 / Sq Ft
03/15/2021 03/15/21 For Sale $125,000 +235.2% $66 / Sq Ft
09/17/2019 09/17/19 Sold $37,296 -6.8% $20 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
05/27/2019 05/27/19 For Sale $40,000 -- $21 / 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
2025 $907 $112,000 $21,200 $90,800
2024 $907 $99,567 $0 $0
2023 $794 $87,133 $0 $0
2022 $681 $74,700 $21,200 $53,500
2021 $736 $73,467 $0 $0
2020 $664 $72,233 $0 $0
2019 $664 $71,000 $21,200 $49,800
2018 $711 $71,000 $21,200 $49,800
2017 $704 $71,000 $0 $0
2016 -- $75,300 $0 $0
2015 $1,698 $75,300 $0 $0
2014 $1,698 $75,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Craig Marsh

    Seller's Agent in 2021

    Craig Marsh

    Marsh Realty

    (301) 875-5978

    34 in this area

    591 Total Sales

    Section Image
  • Cristhian Huamani

    Seller's Agent in 2019

    Cristhian Huamani

    RG Realty, Inc.

    (240) 706-1082

    23 in this area

    112 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDWA165128

Bright MLS

APN: 25-007220

Maryland Washington County Hagerstown 21740 West End

531 Salem Ave, Hagerstown, MD

This home is located at 531 Salem Ave, Hagerstown, MD 21740 and is currently priced at $37,296, approximately $19 per square foot. This property was built in 1904. 531 Salem Ave is a home located in Washington County with nearby schools including Salem Avenue Elementary School, Western Heights Middle School, and South Hagerstown High School.

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