NOT LISTED FOR SALE

538 AND 534 Monkton Rd Monkton, MD 21111

-- Bed
-- Bath
5,688 Sq Ft
29.48 Acres

Last Sold May 09, 2022

Last sale price $725,000 $127 Per Sq Ft

9 Days on Market

Highlights

  • 29.48 Acre Lot
  • Deck
  • Wood Flooring
  • Sparks Elementary School Rated A-
  • Wooded Lot
  • No HOA

About This Home

As of May 2022

NO OPEN HOUSES SCHEDULED...SHOWN BY APPOINTMENT ONLY. Unique opportunity to purchase a multi-unit investment property in the heart of Hereford. Included in the sale is a single family bungalow style home at 534 Monkton Rd. and a commercial style brick two-story building with one storefront space and four separate apartments, all occupied and in good condition. Three 2 bedroom units and one 1 bedroom unit and additional storefront space. Separate electric meters and shared oil fired hot water heating system with separate thermostats in multi-unit bldg. Full basement is utility and storage area. The single family home is rented and also in good condition. The improvements are situated on 29.48 acres of land, all wooded except for the area around the improvements (see documents for tax map drawing). Current zoning does not allow further subdivision. Separate recorded ROW access to the far end of the property. See document site for additional information. DO NOT ENTER THE PROPERTY WITHOUT AN APPOINTMENT AND ALL APPOINTMENTS WILL BE DURING TWO TIME PERIODS EACH WEEK TO BE CONSIDERATE TO THE TENANTS: WED. 5-8 PM AND SUN 1-5PM, WITH PRIOR DAY NOTICE REQUIRED. All units have Baltimore County Rental licenses in place and are lead paint compliant. Financials to be provided to serious buyers only. Seller financing may be available to qualified buyer with 25% down payment and excellent credit. Land would be great for creating walking trails, hunting, or just enjoying the natural wooded setting.

Last Agent to Sell the Property

Cindy Riley

Berkshire Hathaway HomeServices PenFed Realty License #56876 Listed on: 09/02/2021

Berkshire Hathaway HomeServices PenFed Realty

Co-Listed By

Jessica Maher

Berkshire Hathaway HomeServices PenFed Realty License #618346

Last Buyer's Agent

Austin Carroll

Keller Williams Legacy

Keller Williams Legacy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,217

Year Built

  • Built in 1947

Lot Details

  • 29.48 Acre Lot
  • Rural Setting
  • Wooded Lot
  • Property is in good condition

Parking

  • 4 Car Detached Garage
  • 12 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Stone Driveway
  • Parking Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 5,688 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Sump Pump

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed
  • Outbuilding
  • Rain Gutters
  • Porch

Schools

  • Sparks Elementary School
  • Hereford Middle School
  • Hereford High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Single-Phase Power
  • 220 Volts
  • Well
  • Electric Water Heater
  • On Site Septic
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Units
  • Monkton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04070718072133

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,217

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Exclusions: Some appliances are tenant owned but will be specifically identified. There are tools and other personal property in the outbuildings that are the property of the tenants. Outdoor amenities such as swings, fire pit, etc., are the property of the tenant
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1947
  • Automatically Close On Close Date: No
  • Remarks Public: NO OPEN HOUSES SCHEDULED...SHOWN BY APPOINTMENT ONLY. Unique opportunity to purchase a multi-unit investment property in the heart of Hereford. Included in the sale is a single family bungalow style home at 534 Monkton Rd. and a commercial style brick two-story building with one storefront space and four separate apartments, all occupied and in good condition. Three 2 bedroom units and one 1 bedroom unit and additional storefront space. Separate electric meters and shared oil fired hot water heating system with separate thermostats in multi-unit bldg. Full basement is utility and storage area. The single family home is rented and also in good condition. The improvements are situated on 29.48 acres of land, all wooded except for the area around the improvements (see documents for tax map drawing). Current zoning does not allow further subdivision. Separate recorded ROW access to the far end of the property. See document site for additional information. DO NOT ENTER THE PROPERTY WITHOUT AN APPOINTMENT AND ALL APPOINTMENTS WILL BE DURING TWO TIME PERIODS EACH WEEK TO BE CONSIDERATE TO THE TENANTS: WED. 5-8 PM AND SUN 1-5PM, WITH PRIOR DAY NOTICE REQUIRED. All units have Baltimore County Rental licenses in place and are lead paint compliant. Financials to be provided to serious buyers only. Seller financing may be available to qualified buyer with 25% down payment and excellent credit. Land would be great for creating walking trails, hunting, or just enjoying the natural wooded setting.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Carpet, Hardwood, Vinyl
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Unfinished, Sump Pump
  • Total Sq Ft: 5688
  • Living Area Sq Ft: 5688
  • Price Per Sq Ft: 127.46
  • Above Grade Finished Sq Ft: 5688
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 538

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), Shed
  • Construction Materials: Block, Brick, Frame
  • Exterior Features: Exterior Lighting, Gutter System, Outbuilding(s)
  • Roof: Architectural Shingle, Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Stone Driveway, Paved Driveway
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 16
  • Type Of Parking: Detached Garage, Driveway, Parking Lot
  • Parking Lot Number Of Spaces: 12

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Window Unit(s)
  • Electric Service: 220 Volts, Circuit Breakers, Single Phase
  • Heating Fuel: Electric, Oil
  • Heating Type: Forced Air, Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv Available, Electric Available, Phone Available
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: BALTIMORE COUNTY PUBLIC SCHOOLS
  • Elementary School: SPARKS
  • Middle School: HEREFORD
  • High School: HEREFORD
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121140087473
  • School District Source: Listing Agent
  • Elementary School: SPARKS
  • High School: HEREFORD
  • Middle Or Junior School: HEREFORD

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 255800.00
  • Land Assessed Value: 419800.00
  • Land Use Code: 003
  • Lot Features: Rural, Trees/Wooded
  • Lot Size Acres: 29.48
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1284149.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: CB & RC-7
  • Zoning Description: The area immediately surrounding the brick building is zoned CB, balance is RC7 so can't be subdivided-see document site.
  • In City Limits: No

Rental Info

  • Existing Lease Type: Month To Month
  • Rent Control: No
  • Units Leased Count: 6
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11756313
  • Tax Annual Amount: 8217.00
  • Assessor Parcel Number: 04070718072133
  • Tax Total Finished Sq Ft: 5688
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 05/09/2022

MLS Schools

  • School District Name: BALTIMORE COUNTY PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $725,000 0.0% $127 / Sq Ft
09/11/2021 09/11/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $725,000 -- $127 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Cindy Riley

    Seller's Agent in 2022

    Cindy Riley

    BHHS PenFed (actual)

    (410) 458-2405

    108 Total Sales

    Section Image
  • Jessica Maher

    Seller Co-Listing Agent in 2022

    Jessica Maher

    BHHS PenFed (actual)

    (410) 207-0329

    119 Total Sales

    Section Image
  • Austin Carroll

    Buyer's Agent in 2022

    Austin Carroll

    Keller Williams Legacy

    (443) 864-2466

    223 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDBC2007934

Bright MLS

Maryland Baltimore County Monkton 21111

538 AND 534 Monkton Rd, Monkton, MD

This home is located at 538 AND 534 Monkton Rd, Monkton, MD 21111 since 02 September 2021. This property was built in 1947. 538 AND 534 Monkton Rd is a home located in Baltimore County with nearby schools including Sparks Elementary School, Hereford Middle School, and Hereford High School.

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