NOT LISTED FOR SALE

Estimated Value: $263,000 - $319,000

-- Bed
3 Baths
4,965 Sq Ft
$59/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $214,000 $43 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,799/month

6 Days on Market

Highlights

  • Victorian Architecture
  • No HOA
  • Ceiling Fan
  • North Hagerstown High School Rated A-
  • Porch
  • Historic Home

About This Home

As of June 2021

Unique Victorian in need of TLC and some rehab. There are ( 2 ) 3 Bedroom units and ( 1) 1 Bedroom & Den. High ceilings, original wide oak woodwork ,wood floors and some pocket doors. Rooms in each unit are good size and interchangeable to fit tenants needs. The property is in the Historic District of Hagerstown. Fully rented with long time tenants, all are month to month and rents are below market value. Property is being sold AS IS. No government loans Cash or Conventional loans only. 24 hour notice to show. Closing will take place in Washington County .

Last Agent to Sell the Property

Theresa Digman

Roger Fairbourn Real Estate License #528784 Listed on: 05/19/2021

Last Buyer's Agent

Rebecca Steen

R.E. Shilow Realty Investors, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,717

Year Built

  • Built in 1894

Lot Details

  • 5,002 Sq Ft Lot
  • Historic Home

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 4,965 Sq Ft Home
  • Ceiling Fan

Unfinished Basement

  • Walk-Up Access
  • Connecting Stairway

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Radiator
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • The owner pays for heat, advertising/licenses and permits, insurance, repairs, sewer, water, trash collection
  • Assessor Parcel Number 2222015974

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,717

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Historic: Yes
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1894
  • Automatically Close On Close Date: No
  • Remarks Public: Unique Victorian in need of TLC and some rehab. There are ( 2 ) 3 Bedroom units and ( 1) 1 Bedroom & Den. High ceilings, original wide oak woodwork ,wood floors and some pocket doors. Rooms in each unit are good size and interchangeable to fit tenants needs. The property is in the Historic District of Hagerstown. Fully rented with long time tenants, all are month to month and rents are below market value. Property is being sold AS IS. No government loans Cash or Conventional loans only. 24 hour notice to show. Closing will take place in Washington County .
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Connecting Stairway, Unfinished, Walkout Stairs
  • Total Sq Ft: 4965
  • Living Area Sq Ft: 4965
  • Price Per Sq Ft: 44.11
  • Above Grade Finished Sq Ft: 4965
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 66

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: 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: 163600.00
  • Land Assessed Value: 40000.00
  • Land Use Code: 110
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5002.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2021
  • Zoning: RMED
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Owner Pays: Heat, Advertising/Licenses And Permits, Insurance, Repairs, Sewer, Water, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 25200.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11621907
  • Tax Annual Amount: 3717.00
  • Assessor Parcel Number: 2222015974
  • Tax Total Finished Sq Ft: 4965
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 06/22/2021

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Jun 22, 2021
Sold by
Ivosevich Michael R
Bought by
Hobbs David
Seller's Agent
Theresa Digman
Roger Fairbourn Real Estate
Buyer's Agent
Rebecca Steen
R.E. Shilow Realty Investors, Inc.
List Price
$219,000
Sold Price
$214,000
Premium/Discount to List
-$5,000
-2.28%
Total Days on Market
6
Current Estimated Value
$293,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,547
Avg. Annual Appreciation
8.29%
Original Mortgage
$160,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2001
Sold by
Dorothy Papa
Bought by
Ivosevich Michael R

Purchase Details

Closed on
Aug 31, 1992
Sold by
Lewis David R
Bought by
Papa Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,500
Interest Rate
8.01%

Purchase Details

Closed on
Jul 21, 1989
Sold by
Dalgarn Glynis S
Bought by
Lewis David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,500
Interest Rate
9.87%
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
Hobbs David $214,000 Allied Title & Escrow Llc
Ivosevich Michael R $138,504 --
Papa Dorothy $90,000 --
Lewis David R $128,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hobbs David $160,500
Previous Owner Papa Dorothy $102,500
Previous Owner Lewis David R $102,500
Closed Ivosevich Michael R --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2021 06/22/21 Sold $214,000 -2.3% $43 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $219,000 -- $44 / 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 $1,887 $207,133 $0 $0
2023 $1,871 $205,367 $0 $0
2022 $1,855 $203,600 $40,000 $163,600
2021 $1,982 $197,767 $0 $0
2020 $1,740 $191,933 $0 $0
2019 $1,740 $186,100 $40,000 $146,100
2018 $1,860 $185,633 $0 $0
2017 $1,727 $185,167 $0 $0
2016 -- $184,700 $0 $0
2015 $3,330 $184,700 $0 $0
2014 $3,330 $184,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWA179850

Bright MLS

APN: 22-015974