NOT LISTED FOR SALE
Studio
5 Baths
2,788 Sq Ft
4,800 Sq Ft Lot Lot

Sale Details

Date Sold: June 11, 2015

Last sale price $300,000 $108 Per Sq Ft

87 Days on Market

About This Home

As of June 2015

Ignore DOM, contract fell through.CASH COW / HOMELAND SECURITY REDEVELOPMENT. 4-Unit in good condition! 2 vacants & 2 occupied by well paying tenants! Perfect for landlord to occupy one and get mortgage paid w/ tenant rents from other 3 or rent all 4! Pre-framed addition for storage or for convert. to a 2br! 620 Mellon also for sale. $3100 MONTHLY INCOME! No FHA

Last Agent to Sell the Property

Malika C. Jackson

(301) 445-1395 generalmanager@smartrealtymd.com Smart Realty, LLC Listed on: 12/29/2014

Smart Realty, LLC

Last Buyer's Agent

Burks Holland

(301) 769-6388 btholland3@gmail.com Bankers Real Estate Brokerage Firm LLC. License #BR98366250

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,700

Year Built

  • Built in 1936

Lot Details

  • 4,800 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 5983//0041

Community Details

Overview

  • Property has a Home Owners Association
  • 4 Units
  • Congress Heights Subdivision

Building Details

  • Operating Expense $7,451
  • Net Operating Income $28,789

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,700

Year Built

Built in 1936

Lot Details

4,800 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: No
  • Price Per Sq Ft: 118.01

Exterior Features

  • 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: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 88070.00
  • Land Assessed Value: 111890.00
  • Lot Size Acres: 0.11
  • Lot Size Area: 4800
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4800.00
  • Soil Types: Unknown
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16105831
  • Tax Annual Amount: 1699.66
  • Assessor Parcel Number: 5983//0041
  • Tax Lot: 41
  • Tax Year: 2013

Multi Family

  • Gross Income: 36247.00
  • Operating Expense: 7451.00
  • Vacancy Allowance Rate: 50.00
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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 List to Sale Price per Sq Ft
06/11/2015 06/11/15 Sold $300,000 -13.5% $108 / Sq Ft
03/26/2015 03/26/15 Pending -- -- --
12/29/2014 12/29/14 For Sale $347,000 -- $124 / Sq Ft
Source: Bright MLS

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 $5,130 $603,510 $163,060 $440,450
2024 $4,996 $587,770 $158,880 $428,890
2023 $4,812 $566,120 $154,370 $411,750
2022 $4,358 $512,660 $147,220 $365,440
2021 $3,936 $463,050 $143,520 $319,530
2020 $3,642 $428,440 $135,500 $292,940
2019 $3,518 $413,830 $132,530 $281,300
2018 $2,544 $299,320 $0 $0
2017 $2,494 $293,360 $0 $0
2016 $2,043 $240,400 $0 $0
2015 $1,837 $216,160 $0 $0
2014 $1,686 $198,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003286520

Bright MLS

APN: 5983 0041

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