NOT LISTED FOR SALE
Studio
4 Baths
2,788 Sq Ft
4,284 Sq Ft Lot

Last Sold June 11, 2015

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

101 Days on Market

Highlights

  • City View
  • Main Floor Bedroom
  • No HOA
  • Wood Flooring
  • Corner Lot
  • Forced Air Heating System

About This Home

As of June 2015

Ignore DOM, buyer did not perform. CASH COW / HOMELAND SECURITY REDEVELOPMENT$$ 4-Unit building in good condition occupied by well paying tenants. Great turn key investment! Why pay your own mortgage, let the tenants pay it for you with a great 4 unit investment! All units have addition for storage or 2nd br! 616 Mellon also for sale. $3100 MONTHLY INCOME! Easy to show. SHOW 2DAY!!

Last Agent to Sell the Property

Malika C. Jackson

(301) 445-1395 generalmanager@smartrealtymd.com Smart Realty, LLC Listed on: 12/15/2014

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

  • $1,647

Year Built

  • Built in 1936

Lot Details

  • 4,284 Sq Ft Lot
  • Backs To Open Common Area
  • Back Yard Fenced
  • Corner Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Main Floor Bedroom
  • Window Treatments
  • Wood Flooring
  • City Views

Kitchen

  • Oven
  • Stove
  • Cooktop with Range Hood
  • Disposal

Utilities

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

Listing and Financial Details

  • The owner pays for insurance, repairs, real estate taxes, all utilities
  • Tax Lot 40
  • Assessor Parcel Number 5983//0040

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Congress Heights Subdivision

Building Details

  • Income includes apartment rentals
  • Operating Expense $7,244
  • Net Operating Income $29,656

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,647

Year Built

Built in 1936

Lot Details

0

Listing Details

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

Interior Features

  • Appliances: Disposal, Refrigerator, Stove, Cooktop, Exhaust Fan, Oven - Single, Range Hood
  • Interior Amenities: Entry Level Bedroom, Wood Floors, Window Treatments
  • Fireplace: No
  • Basement: No
  • Price Per Sq Ft: 118.01

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Road Surface Type: Access - Above Grade, Alley, Black Top
  • View: City
  • 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
  • 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

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

Lot Info

  • Fencing: Fully, Rear
  • Improvement Assessed Value: 83860.00
  • Land Assessed Value: 109880.00
  • Lot Features: Backs - Open Common Area, Corner
  • Lot Size Acres: 0.10
  • Lot Size Area: 4284
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4284.00
  • Possible Use: Residential
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Zoning: 002
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Insurance, Repairs, Taxes - Real Estate, All Utilities
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16105832
  • Tax Annual Amount: 1646.79
  • Assessor Parcel Number: 5983//0040
  • Tax Lot: 40
  • Tax Year: 2013

Multi Family

  • Gross Income: 36900.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 7244.00
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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 -14.3% $108 / Sq Ft
03/26/2015 03/26/15 Pending -- -- --
12/15/2014 12/15/14 For Sale $350,000 -- $126 / 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 $4,068 $478,540 $159,450 $319,090
2024 $3,931 $462,510 $155,340 $307,170
2023 $3,775 $444,080 $150,930 $293,150
2022 $3,359 $395,190 $144,240 $250,950
2021 $3,036 $357,160 $140,600 $216,560
2020 $2,815 $331,180 $133,060 $198,120
2019 $2,675 $314,760 $130,060 $184,700
2017 $2,411 $283,620 $0 $0
2016 $1,980 $232,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003279650

Bright MLS

APN: 5983 0040