$420,000
SOLD DEC 31, 2024
4 Beds
2.5 Baths
1,763 Sq Ft
$99/mo HOA Fee

Recently Sold

$238 Per Sq Ft

2% Above List Price

20 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Oakland Mills High School Rated A-

About This Home

As of December 2024

Investor Special: Cash-Flowing Multifamily Townhouse in Columbia, MD.

This is a three-level, turnkey multifamily townhome located in the heart of Columbia, MD. The property is unique and perfect for investors.

The top portion of the property is a 3-bedroom, 1.5-bath townhome, rented for $2,350 per month.
The basement is a studio apartment, rented for $1,300 per month. Total combined rent is $3650.
The property comes with active, transferable rental permits from the county for both units.

Features:

The top level includes 3 bedrooms and 1.5 baths.
The lower-level studio apartment features a full kitchen, full bath, and in-unit laundry. It also has its own electricity meter, separate address, USPS mailbox, reserved parking spot, and private entrance.
The only utility shared between both units is city water and sewage.
Includes two sets of the following appliances: refrigerators, range/ovens, washers, dryers, water heaters, and AC units.
The total combined monthly rent for both units is $3,650, with leases ending in August. This property is an excellent investment opportunity!

Last Agent to Sell the Property

Deepak Nathani

EXP Realty, LLC License #5003698 Listed on: 11/15/2024

EXP Realty, LLC

Last Buyer's Agent

Bob Chew

Berkshire Hathaway HomeServices PenFed Realty License #575539

Berkshire Hathaway HomeServices PenFed Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,071

Year Built

  • Built in 1974

Lot Details

  • 2,003 Sq Ft Lot

HOA Fees

  • $99 Monthly HOA Fees

Parking

  • 3 Assigned Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement
  • Natural lighting in basement
  • Laundry in unit

Bedrooms and Bathrooms

Schools

  • Cradlerock Elementary School
  • Lake Elkhorn Middle School
  • Oakland Mills High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot A 152
  • Assessor Parcel Number 1416112984

Community Details

Overview

  • Association fees include common area maintenance, snow removal, trash
  • Village Of Owen Brown Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,071

Year Built

Built in 1974

Lot Details

0

HOA Fees

$99 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Remarks Public: Investor Special: Cash-Flowing Multifamily Townhouse in Columbia, MD. This is a three-level, turnkey multifamily townhome located in the heart of Columbia, MD. The property is unique and perfect for investors. The top portion of the property is a 3-bedroom, 1.5-bath townhome, rented for $2,350 per month. The basement is a studio apartment, rented for $1,300 per month. Total combined rent is $3650. The property comes with active, transferable rental permits from the county for both units. Features: The top level includes 3 bedrooms and 1.5 baths. The lower-level studio apartment features a full kitchen, full bath, and in-unit laundry. It also has its own electricity meter, separate address, USPS mailbox, reserved parking spot, and private entrance. The only utility shared between both units is city water and sewage. Includes two sets of the following appliances: refrigerators, range/ovens, washers, dryers, water heaters, and AC units. The total combined monthly rent for both units is $3,650, with leases ending in August. This property is an excellent investment opportunity!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1824
  • Living Area Sq Ft: 1763
  • Price Per Sq Ft: 337.17
  • Above Grade Finished Sq Ft: 1216
  • Below Grade Finished Sq Ft: 547
  • Below Grade Sq Ft: 61
  • Total Below Grade Sq Ft: 608
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6559

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 3
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 365.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 99.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: HOWARD COUNTY PUBLIC SCHOOL SYSTEM
  • Elementary School: CRADLEROCK
  • Middle School: LAKE ELKHORN
  • High School: OAKLAND MILLS
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139568958
  • School District Source: Listing Agent
  • Elementary School: CRADLEROCK
  • High School: OAKLAND MILLS
  • Middle Or Junior School: LAKE ELKHORN

Lot Info

  • Land Use Code: TH
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2003.00
  • Year Assessed: 2024
  • Zoning: NT
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5071.00
  • Assessor Parcel Number: 1416112984
  • Tax Lot: A 152
  • Tax Total Finished Sq Ft: 1763
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 12/31/2024

MLS Schools

  • School District Name: HOWARD COUNTY PUBLIC SCHOOL SYSTEM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
Dec 31, 2024
Sold by
Zalmy Najeebullah and Zalmy Zohib
Bought by
Zalmy Najeebullah
Seller's Agent
Deepak Nathani
EXP Realty, LLC
Buyer's Agent
Bob Chew
Berkshire Hathaway HomeServices PenFed Realty
List Price
$410,000
Sold Price
$420,000
Premium/Discount to List
$10,000
2.44%
Total Days on Market
20
Views
157
Current Estimated Value
$418,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,459
Avg. Annual Appreciation
-0.81%
Original Mortgage
$315,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2024
Closed on
Dec 27, 2024
Sold by
Chaitanya Srinadhu
Bought by
Zalmy Najeebullah and Zalmy Zohib
Seller's Agent
Deepak Nathani
EXP Realty, LLC
Buyer's Agent
Bob Chew
Berkshire Hathaway HomeServices PenFed Realty
List Price
$410,000
Sold Price
$420,000
Premium/Discount to List
$10,000
2.44%
Views
157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2019
Closed on
May 30, 2019
Sold by
6559 Frietchie Row Llc
Bought by
Chaitanya Srinadhu
Seller's Agent
Matthew Lancelotta
Cummings & Co. Realtors
Buyer's Agent
Matthew Lancelotta
Cummings & Co. Realtors
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$284,747
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 19, 2016
Closed on
Nov 30, 2016
Sold by
Voigt Claudia
Bought by
6559 Firetchie Row Llc
Seller's Agent
Creig Northrop
Northrop Realty
Buyer's Agent
Mike Clevenger
Northrop Realty
List Price
$255,000
Sold Price
$235,000
Premium/Discount to List
-$20,000
-7.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%

Purchase Details

Listed on
May 19, 2015
Closed on
Oct 23, 2015
Sold by
The Bank Of New York Mellon
Bought by
Voigt Claudia
Seller's Agent
Patrick Coulter
Real Estate Professionals, Inc.
Buyer's Agent
Mike Clevenger
Northrop Realty
List Price
$210,000
Sold Price
$165,000
Premium/Discount to List
-$45,000
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.92%

Purchase Details

Closed on
Apr 16, 2015
Sold by
Ctc Real Estate Services
Bought by
The Bank Of New York Mellob

Purchase Details

Closed on
Oct 11, 2006
Sold by
Sylvia Wainwright
Bought by
Sylvia Wainwright and Andrew Wainwright David

Purchase Details

Closed on
Apr 26, 2005
Sold by
Stephens Brian A
Bought by
Sylvia Wainwright

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
7.4%
Mortgage Type
Adjustable Rate Mortgage/ARM
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

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- None Listed On Document
Deed $420,000 Elite Home Title
Deed $290,000 Universal Title
Deed $235,000 Colony Title Group Ltd
Deed $165,000 Colony Title Group Ltd
Special Warranty Deed $165,000 Multiple
Trustee Deed $208,330 None Available
Deed $170,000 --
Deed $170,000 --
Deed $160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $315,000 New Conventional
Previous Owner $274,460 FHA
Previous Owner $284,747 FHA
Previous Owner $171,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Sold $420,000 +2.4% $238 / Sq Ft
12/05/2024 12/05/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $410,000 0.0% $233 / Sq Ft
08/01/2024 08/01/24 Rented $2,350 +2.2% --
07/30/2024 07/30/24 Under Contract -- -- --
07/16/2024 07/16/24 For Rent $2,299 0.0% --
05/29/2019 05/29/19 Sold $290,000 -3.3% $164 / Sq Ft
04/20/2019 04/20/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $299,900 +27.6% $170 / Sq Ft
11/30/2016 11/30/16 Sold $235,000 -7.8% $133 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $255,000 +8.5% $145 / Sq Ft
10/19/2016 10/19/16 Off Market $235,000 -- --
10/19/2016 10/19/16 For Sale $255,000 +54.5% $145 / Sq Ft
10/27/2015 10/27/15 Sold $165,000 -2.9% $136 / Sq Ft
09/04/2015 09/04/15 Pending -- -- --
08/18/2015 08/18/15 Price Changed $169,900 -5.6% $140 / Sq Ft
07/23/2015 07/23/15 Price Changed $180,000 -5.0% $148 / Sq Ft
07/01/2015 07/01/15 Price Changed $189,500 -5.0% $156 / Sq Ft
06/08/2015 06/08/15 Price Changed $199,500 -5.0% $164 / Sq Ft
05/19/2015 05/19/15 For Sale $210,000 -- $173 / 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
2024 $5,055 $321,800 $0 $0
2023 $4,464 $300,700 $100,000 $200,700
2022 $4,221 $281,633 $0 $0
2021 $3,931 $262,567 $0 $0
2020 $3,837 $243,500 $85,000 $158,500
2019 $3,342 $231,767 $0 $0
2018 $161 $220,033 $0 $0
2017 $3,103 $208,300 $0 $0
2016 $706 $207,900 $0 $0
2015 $706 $207,500 $0 $0
2014 $704 $207,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDHW2046634

Bright MLS

APN: 16-112984