NOT LISTED FOR SALE

55 E Main St Westminster, MD 21157

Estimated Value: $568,274

Studio
1 Bath
-- Sq Ft
5,445 Sq Ft Lot Lot

Sale Details

Date Sold: October 26, 2012

Last sale price $325,000

Est. 75% increase in value since last sale

Current estimated payment $3,531 / mo

172 Days on Market

Highlights

  • No HOA
  • Office or Studio
  • Property is in very good condition
  • Cranberry Station Elementary School Rated A-
  • Central Air
  • 2-minute walk to Westminster City Park

About This Home

As of October 2012

Investor's delight! 2 nicely rented renovated units, retail space for yoga,Coffee Shop,Specialty etc. Bonus workshop in rear. Best Location,heart of Westminster.Positive cash flow.Endless possibilities."Up to $15,000 matching funds/city grant available for facade renovation

Last Agent to Sell the Property

Suzanne Ludwig

(410) 823-0033 realtor@cummingsrealtors.com Cummings & Co. Realtors Listed on: 02/05/2012

Cummings & Co. Realtors

Last Buyer's Agent

Joe Huff

(301) 424-0900 joehuffhomes@outlook.com Long & Foster Real Estate, Inc. License #309328

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,606

Year Built

  • Built in 1910

Lot Details

  • 5,445 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Utilities

  • Central Air
  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Exterior Basement Entry
  • Office or Studio

Listing and Financial Details

  • Assessor Parcel Number 0707065752

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $7,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,606

Year Built

Built in 1910

Lot Details

5,445 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1910
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Unfinished
  • Price Per Sq Ft: 93.22

Exterior Features

  • Other Structures List: Office/Studio
  • Construction Materials: Brick
  • Construction Completed: No
  • 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 Type: Central A/C, Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 132900.00
  • Land Assessed Value: 75000.00
  • Lot Size Acres: 0.12
  • Lot Size Area: 5445
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5445.00
  • Property Condition: Very Good
  • Zoning: B23
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11455044
  • Tax Annual Amount: 3605.88
  • Assessor Parcel Number: 0707065752
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Multi Family

  • Gross Income: 48000.00
  • Operating Expense: 7000.00
  • Vacancy Allowance Rate: 33.00

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
Feb 5, 2012
Closed on
Oct 25, 2012
Sold by
Bought by
Seller's Agent
Suzanne Ludwig
Cummings & Co. Realtors
Buyer's Agent
Joe Huff
Long & Foster Real Estate, Inc.
List Price
$349,000
Sold Price
$325,000
Premium/Discount to List
-$24,000
-6.88%
Current Estimated Value
$568,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,274
Avg. Annual Appreciation
4.19%
Original Mortgage
$260,000
Outstanding Balance
$179,920
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$388,354

Purchase Details

Closed on
Feb 10, 2004
Sold by
Bought by

Purchase Details

Closed on
Jul 10, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
$325,000 None Available
-- --
$160,100 --
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 $260,000
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
10/26/2012 10/26/12 Sold $325,000 -6.9% --
07/26/2012 07/26/12 Pending -- -- --
02/05/2012 02/05/12 For Sale $349,000 -- --
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 $5,570 $331,600 $75,400 $256,200
2024 $5,570 $331,600 $75,400 $256,200
2023 $5,604 $331,600 $75,400 $256,200
2022 $5,570 $331,600 $75,400 $256,200
2021 $11,208 $331,600 $75,400 $256,200
2020 $5,977 $353,700 $75,400 $278,300
2019 $5,841 $345,600 $0 $0
2018 $5,669 $337,500 $0 $0
2017 $5,533 $329,400 $0 $0
2016 -- $324,933 $0 $0
2015 -- $320,467 $0 $0
2014 -- $316,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Suzanne Ludwig

    Seller's Agent in 2012

    Suzanne Ludwig

    Cummings & Co Realtors

    (410) 207-5900

    20 Total Sales

    Suzanne Ludwig
    Section Image
  • Joe Huff

    Buyer's Agent in 2012

    Joe Huff

    Long & Foster

    (301) 873-4111

    92 Total Sales

    Joe Huff
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003842764

Bright MLS

APN: 07-065752

Maryland Carroll County Westminster 21157

55 E Main St, Westminster, MD

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