NOT LISTED FOR SALE
Studio
1 Bath
-- Sq Ft
0.86 Acre Lot

Sale Details

Date Sold: October 26, 2016

Last sale price $750,000

124 Days on Market

About This Home

As of October 2016

Great investment opportunity! Units always in high demand, long term tenants, little management needed. Three all brick attached buildings with 13 two bedroom units. Building sits on nearly an acre of land and includes a parking lot. Secured front entries, tenants pay utilities. Lead free. Convenient to employers, schools, shopping and major roads. Over 7% Cap.Serious inquiries only.

Last Agent to Sell the Property

Ron Hamad

(703) 378-8810 donnysamson@samsonproperties.net Samson Properties Listed on: 04/08/2016

Samson Properties

Last Buyer's Agent

Stephanie Kolbe

stephanie.kolbe@monumentsothebysrealty.com Monument Sotheby's International Realty

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,659

Year Built

  • Built in 1948

Lot Details

  • 0.86

Home Design

  • Brick Exterior Construction

Parking

  • Garage
  • Free Parking
  • Side Facing Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking
  • Surface Parking
  • Unassigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Electric Water Heater

Additional Features

  • Rear Basement Entry
  • 37,462 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 017
  • Assessor Parcel Number 0325018139J017

Community Details

Overview

  • Property has a Home Owners Association
  • 13 Units
  • Beechfield Subdivision

Building Details

  • Operating Expense $33,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,659

Year Built

Built in 1948

Lot Details

0.86 Acres

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Expected On Market: 2016-04-08
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Rear Entrance, Unfinished
  • Price Per Sq Ft: 12.80

Exterior Features

  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free, Surface, Unassigned, Detached, Asphalt Driveway, Asphalt Driveway
  • Garage Features: Garage - Side Entry
  • Type Of Parking: Off Street, On Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • HOA: No

Lot Info

  • Lot Size Acres: 0.86
  • Lot Size Area: 37462
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 37462.00
  • Property Attached Yn: Yes
  • Zoning: 5
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 14658.74
  • Assessor Parcel Number: 0325018139J017
  • Tax Lot: 017
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Gross Income: 115848.00
  • Operating Expense: 33400.00
  • Vacancy Allowance Rate: 2.50

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

Closed on
Jan 22, 2020
Sold by
Coventry Manor 1 Llc
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
$4,600,000
Outstanding Balance
$3,984,847
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 8, 2016
Closed on
Oct 28, 2016
Sold by
4H Properties Llc
Bought by
Coventry Manor I Llc
Seller's Agent
Ron Hamad
Samson Properties
Buyer's Agent
Stephanie Kolbe
Monument Sotheby's International Realty
List Price
$829,000
Sold Price
$750,000
Premium/Discount to List
-$79,000
-9.53%

Purchase Details

Closed on
May 13, 2010
Sold by
4H Properties Llc
Bought by
4H Properties Llc

Purchase Details

Closed on
May 17, 2006
Sold by
Chapelgate Associates Llc
Bought by
4H Properties Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Beechfield, MD

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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
$5,500,000 Residential T&E Co
Coventry Manor I Llc $750,000 Residential Title & Escrow
4H Properties Llc -- --
4H Properties Llc $766,500 --
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 $4,600,000
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
10/26/2016 10/26/16 Sold $750,000 -9.5% --
08/10/2016 08/10/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $829,000 -- --
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 $24,689 $1,051,167
2024 $20,839 $887,233
2023 $19,375 $824,900 $68,800 $756,100
2022 $18,616 $788,800 $0 $0
2021 $17,764 $752,700 $0 $0
2020 $16,912 $716,600 $68,800 $647,800
2019 $16,426 $699,333 $0 $0
2018 $16,097 $682,067 $0 $0
2017 $15,689 $664,800 $0 $0
2016 $16,069 $642,967 $0 $0
2015 $16,069 $621,133 $0 $0
2014 $16,069 $599,300 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: 1001145487

Bright MLS
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