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

Sale Details

Date 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
  • Heating System Uses Natural Gas
  • 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

4,284 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

  • 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

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

Closed on
May 29, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
0.069%
Mortgage Type
Commercial

Purchase Details

Closed on
May 30, 1997
Sold by
Bought by

Purchase Details

Closed on
Jun 17, 1994
Sold by
Bought by
Source: Public Records
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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
$115,000 --
$50,000 --
$50,000 --
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 $103,500
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
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

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 $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
2018 $2,497 $293,740 $0 $0
2017 $2,411 $283,620 $0 $0
2016 $1,980 $232,910 $0 $0
2015 $1,777 $209,110 $0 $0
2014 $1,632 $191,950 $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

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