NOT LISTED FOR SALE

Estimated Value: $168,103 - $205,000

-- Bed
1 Bath
1,440 Sq Ft
$128/Sq Ft Est. Value

Last Sold January 22, 2020

Last sale price $124,000 $86 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,085/month

46 Days on Market

Highlights

  • No HOA
  • North Hagerstown High School Rated A-
  • Forced Air Heating System

About This Home

As of January 2020

Great investment opportunity with this turn-key duplex ! fully occupied, rent garages for additional income, good rental history, good addition to any real estate portfolio, this can be combined for purchase as portfolio with 245 N Potomac St, 619 W Franklin, 616 W Franklin, 141 King st, and 433 George st, total 23 units, call for additional information

Last Agent to Sell the Property

Roberto Gonzalez

RG Realty, Inc. License #598229 Listed on: 11/15/2019

Last Buyer's Agent

James Mosby

Long & Foster Real Estate, Inc. License #643107

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,528

Year Built

  • Built in 1890

Lot Details

  • 3,075 Sq Ft Lot

Home Design

  • 1,440 Sq Ft Home
  • Duplex
  • Side-by-Side
  • Brick Exterior Construction

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 2222013300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,528

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Remarks Public: Great investment opportunity with this turn-key duplex ! fully occupied, rent garages for additional income, good rental history, good addition to any real estate portfolio, this can be combined for purchase as portfolio with 245 N Potomac St, 619 W Franklin, 616 W Franklin, 141 King st, and 433 George st, total 23 units, call for additional information
  • Special Features: None

Interior Features

  • Basement: Yes
  • Total Sq Ft: 1440
  • Living Area Sq Ft: 1440
  • Price Per Sq Ft: 89.58
  • Above Grade Finished Sq Ft: 1440
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 617

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Combination
  • 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, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WASHINGTON COUNTY PUBLIC SCHOOLS
  • School District Key: 121138761341
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 53400.00
  • Land Assessed Value: 25500.00
  • Land Use Code: 110
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3075.00
  • Year Assessed: 2019
  • Zoning: RMED
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11619030
  • Tax Annual Amount: 1528.00
  • Assessor Parcel Number: 2222013300
  • Tax Lot: 43
  • Tax Total Finished Sq Ft: 1440
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 01/22/2020

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2019
Closed on
Jan 22, 2020
Sold by
As Property Investments Llc
Bought by
Iron Bridge Home Rentals Llc
Seller's Agent
Roberto Gonzalez
RG Realty, Inc.
Buyer's Agent
James Mosby
Long & Foster Real Estate, Inc.
List Price
$129,000
Sold Price
$124,000
Premium/Discount to List
-$5,000
-3.88%
Current Estimated Value
$185,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,026
Avg. Annual Appreciation
7.38%
Original Mortgage
$99,200
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Listed on
May 1, 2019
Closed on
May 17, 2019
Sold by
Fox Hall One Properties Llc
Bought by
As Property Investments Llc
Seller's Agent
Roberto Gonzalez
RG Realty, Inc.
Buyer's Agent
Roberto Gonzalez
RG Realty, Inc.
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-84.98%

Purchase Details

Closed on
Jul 31, 2017
Sold by
Crown Hall Plaza One Llc
Bought by
Fox Hall One Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 23, 2016
Closed on
Oct 7, 2016
Sold by
Bartle Linda R
Bought by
Carpenter Charles
Seller's Agent
Cristhian Huamani
RG Realty, Inc.
Buyer's Agent
Cristhian Huamani
RG Realty, Inc.
List Price
$35,000
Sold Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.55%
Original Mortgage
$80,000
Interest Rate
3.44%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 6, 1987
Sold by
Smith Paul E
Bought by
Bartle Linda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,450
Interest Rate
9.37%
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Iron Bridge Home Rentals Llc $124,000 Olde Towne Title Inc
As Property Investments Llc $100,000 Premier Settlements & Ttl Sv
Fox Hall One Properties Llc -- None Available
Carpenter Charles $65,000 Attorney
Bartle Linda R $50,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iron Bridge Home Rentals Llc $114,000
Closed Iron Bridge Home Rentals Llc $99,200
Previous Owner Fox Hall One Properties Llc $405,000
Previous Owner Carpenter Charles $80,000
Previous Owner Bartle Linda R $45,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2020 01/22/20 Sold $124,000 -3.9% $86 / Sq Ft
12/31/2019 12/31/19 Pending -- -- --
11/15/2019 11/15/19 For Sale $129,000 -71.3% $90 / Sq Ft
05/17/2019 05/17/19 Sold $450,000 0.0% $313 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $450,000 +1185.7% $313 / Sq Ft
10/07/2016 10/07/16 Sold $35,000 0.0% $22 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $35,000 -- $22 / 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 $1,003 $118,300 $25,500 $92,800
2024 $1,003 $110,067 $0 $0
2023 $932 $101,833 $0 $0
2022 $853 $93,600 $25,500 $68,100
2021 $889 $88,700 $0 $0
2020 $780 $83,800 $0 $0
2019 $738 $78,900 $25,500 $53,400
2018 $791 $78,900 $25,500 $53,400
2017 $775 $78,900 $0 $0
2016 -- $82,900 $0 $0
2015 $1,843 $82,900 $0 $0
2014 $1,843 $82,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWA169184

Bright MLS

APN: 22-013300