NOT LISTED FOR SALE

Estimated Value: $280,000 - $391,000

-- Bed
3 Baths
1,288 Sq Ft
$254/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $163,500 $127 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,030/month

26 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heat Pump System
  • Spring Ridge Elementary School Rated A-

About This Home

As of September 2016

Revovated/remodeled into two- one bedroom units. All new appliances, kitchen and bathroom. Each unit has own washer and dryer. Has not been rented since renovation but has great cash flow potential.

Last Agent to Sell the Property

Andrea Howe

(301) 642-0992 ahowe88@gmail.com RE/MAX Results Listed on: 07/08/2016

RE/MAX Results

Last Buyer's Agent

Darin Rich

(301) 452-9319 darin@darinrich.com RE/MAX Realty Group License #635665

RE/MAX Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,710

Year Built

  • Built in 1915

Lot Details

  • 6,318 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Brick Exterior Construction

Schools

  • Spring Ridge Elementary School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Downtown Frederick Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1102050943

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,710

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: No
  • Price Per Sq Ft: 131.99

Exterior Features

  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: SPRING RIDGE

Lot Info

  • Improvement Assessed Value: 92200.00
  • Land Assessed Value: 62100.00
  • Lot Size Acres: 0.15
  • Lot Size Area: 6318
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6318.00
  • Property Attached Yn: Yes
  • Zoning: DR
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11501189
  • Tax Annual Amount: 2710.12
  • Assessor Parcel Number: 1102050943
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Gross Income: 24000.00

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2018
Sold by
Tinkertime Hospitality Llc
Bought by
Tinker Elizabeth Ann
Current Estimated Value
$327,019

Purchase Details

Closed on
Mar 3, 2017
Sold by
Tinker Elizabeth Ann
Bought by
Tinkertime Hospitality Llc

Purchase Details

Listed on
Jul 8, 2016
Closed on
Sep 16, 2016
Sold by
Ramirez Olegario
Bought by
Tinker Elizabeth Ann
Seller's Agent
Andrea Howe
RE/MAX Results
Buyer's Agent
Darin Rich
RE/MAX Realty Group
List Price
$170,000
Sold Price
$163,500
Premium/Discount to List
-$6,500
-3.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%
Original Mortgage
$122,625
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 9, 2013
Closed on
Jun 24, 2013
Sold by
Stottlemyer John D and Stottlemyer Jeanette M
Bought by
Ramirez Olegario
Seller's Agent
Debbi Lewis
RE/MAX Results
Buyer's Agent
Debbi Lewis
RE/MAX Results
List Price
$140,000
Sold Price
$80,000
Premium/Discount to List
-$60,000
-42.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.86%

Purchase Details

Closed on
Jun 10, 1993
Sold by
Siuta David A
Bought by
Stotlemyer John D and Stotlemyer Jeanette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,052
Interest Rate
7.47%

Purchase Details

Closed on
Mar 23, 1989
Sold by
Rowe John D and Rowe Kay F
Bought by
Siuta David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,245
Interest Rate
10.98%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Tinker Elizabeth Ann -- Blue Ridge Title Co
Tinkertime Hospitality Llc -- Blue Ridge Title Co
Tinker Elizabeth Ann $163,500 Blue Ridge Title Company
Ramirez Olegario $80,000 Old Line Title Company Inc
Stotlemyer John D $79,900 --
Siuta David A $71,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tinker Elizabeth Ann $122,625
Previous Owner Stotlemyer John D $79,052
Previous Owner Siuta David A $57,245
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2016 09/15/16 Sold $163,500 -3.8% $127 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $170,000 +112.5% $132 / Sq Ft
06/27/2013 06/27/13 Sold $80,000 -33.3% $78 / Sq Ft View Prior Sale
04/05/2013 04/05/13 Pending -- -- --
03/25/2013 03/25/13 Price Changed $119,900 -7.7% $116 / Sq Ft
03/04/2013 03/04/13 Price Changed $129,900 -7.2% $126 / Sq Ft
02/09/2013 02/09/13 For Sale $140,000 -- $136 / 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 $3,804 $221,400 $91,500 $129,900
2024 $3,804 $202,733 $0 $0
2023 $3,366 $184,067 $0 $0
2022 $3,023 $165,400 $62,100 $103,300
2021 $3,017 $164,900 $0 $0
2020 $2,996 $164,400 $0 $0
2019 $2,986 $163,900 $62,100 $101,800
2018 $2,867 $160,700 $0 $0
2017 $2,809 $163,900 $0 $0
2016 $2,112 $154,300 $0 $0
2015 $2,112 $153,633 $0 $0
2014 $2,112 $152,967 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001205577

Bright MLS

APN: 02-050943