NOT LISTED FOR SALE

614 S Main St Bel Air, MD 21014

Estimated Value: $318,000 - $459,000

-- Bed
1 Bath
2,016 Sq Ft
$192/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $240,000 $119 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,285/month

Highlights

  • A-Frame Home
  • No HOA
  • Electric Baseboard Heater
  • Homestead-Wakefield Elementary School Rated A-

About This Home

As of March 2021

Rarely available 3 unit apartment building in Bel Air. Excellent location on Main st. Property has been kept in excellent condition. 2 units are occupied paying under market rents at $560 and $565 per month. One unit is currently vacant. Tremendous upside in market rents here! The breakdown is (2) 1 bedroom units and (1) 1 bedroom unit. All units have their own electric and gas service. Public water and sewer. Lead paint certificates for all units. Garage on site for extra income potential. Excellent investment opportunity

Last Agent to Sell the Property

Donald Feazell

Garceau Realty License #76453 Listed on: 01/21/2021

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,213

Year Built

  • Built in 1935

Lot Details

  • 0.39 Acre Lot

Home Design

  • 2,016 Sq Ft Home
  • Triplex
  • A-Frame Home
  • Aluminum Siding

Parking

  • Driveway
  • Parking Lot

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • Tax Lot 96-98
  • Assessor Parcel Number 1303027252

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,213

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: A-Frame
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1935
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Rarely available 3 unit apartment building in Bel Air. Excellent location on Main st. Property has been kept in excellent condition. 2 units are occupied paying under market rents at $560 and $565 per month. One unit is currently vacant. Tremendous upside in market rents here! The breakdown is (2) 1 bedroom units and (1) 1 bedroom unit. All units have their own electric and gas service. Public water and sewer. Lead paint certificates for all units. Garage on site for extra income potential. Excellent investment opportunity
  • Special Features: None

Interior Features

  • Basement: Yes
  • Total Sq Ft: 2016
  • Living Area Sq Ft: 2016
  • Price Per Sq Ft: 128.97
  • Above Grade Finished Sq Ft: 2016
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 614

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum 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: Driveway, Parking Lot

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: HARFORD COUNTY PUBLIC SCHOOLS
  • School District Key: 121139964110
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 131100.00
  • Land Assessed Value: 82300.00
  • Land Use Code: 110
  • Lot Size Acres: 0.39
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16875.00
  • Year Assessed: 2021
  • Zoning: R2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5480792
  • Tax Annual Amount: 3213.00
  • Assessor Parcel Number: 1303027252
  • Tax Lot: 96-98
  • Tax Total Finished Sq Ft: 2016
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 03/31/2021

Multi Family

  • Number Of Units Vacant: 1
  • Single Room Units Count: 4

MLS Schools

  • School District Name: HARFORD COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Mar 31, 2021
Sold by
614 S Main Street Llc
Bought by
Bacon Farm Iii Llc
Seller's Agent
Donald Feazell
Garceau Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$260,000
Sold Price
$240,000
Premium/Discount to List
-$20,000
-7.69%
Current Estimated Value
$387,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,921
Avg. Annual Appreciation
10.17%
Original Mortgage
$180,000
Outstanding Balance
$164,505
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$204,375

Purchase Details

Closed on
Sep 6, 2006
Sold by
Guercio Paul W
Bought by
614 S Main Street Llc

Purchase Details

Closed on
Aug 14, 2006
Sold by
Guercio Paul W
Bought by
614 S Main Street Llc

Purchase Details

Closed on
May 30, 2006
Sold by
Guercio Paul W
Bought by
Guercio Paul W

Purchase Details

Closed on
May 1, 2006
Sold by
Guercio Paul W
Bought by
Guercio Paul W
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bacon Farm Iii Llc $240,000 Key Title Inc
614 S Main Street Llc -- --
614 S Main Street Llc -- --
Guercio Paul W -- --
Guercio Paul W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bacon Farm Iii Llc $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $240,000 -7.7% $119 / Sq Ft
03/10/2021 03/10/21 Price Changed $260,000 0.0% $129 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $260,000 -- $129 / 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 $2,247 $246,800 $82,300 $164,500
2024 $2,247 $235,667 $0 $0
2023 $2,140 $224,533 $0 $0
2022 $2,034 $213,400 $82,300 $131,100
2021 $1,152 $213,400 $82,300 $131,100
2020 $2,146 $213,400 $82,300 $131,100
2019 $2,202 $219,000 $98,600 $120,400
2018 $2,178 $218,100 $0 $0
2017 $2,156 $219,000 $0 $0
2016 -- $216,300 $0 $0
2015 $2,024 $211,733 $0 $0
2014 $2,024 $207,167 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDHR255308

Bright MLS

APN: 03-027252