NOT LISTED FOR SALE

705 E Potomac St Brunswick, MD 21716

Estimated Value: $396,000 - $477,216

-- Bed
3 Baths
3,684 Sq Ft
$121/Sq Ft Est. Value

Last Sold March 06, 2024

Last sale price $414,000 $112 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,666/month

148 Days on Market

Highlights

  • Backs to Trees or Woods
  • Victorian Architecture
  • Eat-In Kitchen
  • Wood Flooring
  • Wrap Around Porch
  • Bathtub with Shower

About This Home

As of March 2024

Spacious 3-unit rental property that is completely rented. Metered separately with tenants paying all utilities. Separate laundry in each unit. Each unit is quite large and have 9' ceilings. There is street parking or the gravel area across the street.

Last Agent to Sell the Property

Cinnamon Smith

(301) 748-7811 csmith8947@aol.com J & B Real Estate, Inc License #517856 Listed on: 09/05/2023

Last Buyer's Agent

Cheri Everhart

(240) 446-9690 Cherieverhart@gmail.com Ronnie Martin Realty, Inc. License #RSR00567

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,492

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Backs to Trees or Woods

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Victorian Architecture
  • Stone Foundation
  • Wood Siding

Interior Spaces

  • Bathtub with Shower
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Laundry

  • Electric Dryer
  • Washer

Unfinished Basement

  • Side Exterior Basement Entry
  • Dirt Floor

Outdoor Features

  • Wrap Around Porch

Schools

  • Brunswick Elementary And Middle School
  • Brunswick High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for lawn/shrub care, management, pest control, repairs, real estate taxes
  • Tax Lot 30
  • Assessor Parcel Number 1125469054

Community Details

Overview

  • 3 Units
  • 3-Story Building

Building Details

  • Operating Expense $8,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,492

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-09-05
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer
  • Flooring Type: Wood
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In, Carpet, Combination Kitchen/Dining, Tub Shower
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Dirt Floor, Outside Entrance, Side Entrance, Unfinished
  • Total Sq Ft: 4967
  • Living Area Sq Ft: 3684
  • Price Per Sq Ft: 115.34
  • Above Grade Finished Sq Ft: 3684
  • Below Grade Sq Ft: 1283
  • Total Below Grade Sq Ft: 1283
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding
  • Exterior Features: Sidewalks
  • Roof: Unknown
  • Spa: No
  • 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: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: BRUNSWICK
  • High School: BRUNSWICK
  • Middle Or Junior School: BRUNSWICK

Lot Info

  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7405.20
  • Outdoor Living Structures: Porch(es), Wrap Around, Roof
  • Zoning: R1
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Lawn/Shrub Care, Management, Pest Control, Repairs, Taxes - Real Estate
  • Rent Control: No
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4492.00
  • Assessor Parcel Number: 1125469054
  • Tax Lot: 30
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

Multi Family

  • Operating Expense: 8900.00
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Mar 6, 2024
Sold by
Carl Siegel Living Trust
Bought by
Seen Vincent and Flaggs Kristen
Seller's Agent
Cinnamon Smith
J & B Real Estate, Inc
Buyer's Agent
Cheri Everhart
Ronnie Martin Realty, Inc.
List Price
$424,900
Sold Price
$414,000
Premium/Discount to List
-$10,900
-2.57%
Views
250
Current Estimated Value
$429,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,407
Avg. Annual Appreciation
4.01%
Original Mortgage
$310,500
Outstanding Balance
$304,424
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$140,130

Purchase Details

Closed on
Mar 12, 2020
Sold by
Siegel Carl and Siegel Carl D
Bought by
Carl Siegel Living Trust and Siegel

Purchase Details

Closed on
Feb 12, 2002
Sold by
Callahan Development Corp
Bought by
Siegel Ii Carl D

Purchase Details

Closed on
Nov 27, 1996
Sold by
Walsh Patrick J
Bought by
Callahan Development Corp

Purchase Details

Closed on
Dec 9, 1988
Sold by
Goetz G Joseph
Bought by
Walsh Patrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
10.46%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Seen Vincent $414,000 None Listed On Document
Seen Vincent $414,000 None Listed On Document
Carl Siegel Living Trust -- None Listed On Document
Carl Siegel Living Trust -- None Listed On Document
Carl Siegel Living Trust -- None Listed On Document
Siegel Ii Carl D $150,700 --
Callahan Development Corp $94,000 --
Walsh Patrick J $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seen Vincent $310,500
Closed Seen Vincent $310,500
Previous Owner Walsh Patrick J $88,500
Closed Callahan Development Corp --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2024 03/06/24 Sold $414,000 -2.6% $112 / Sq Ft
02/02/2024 02/02/24 For Sale $424,900 0.0% $115 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
12/18/2023 12/18/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $424,900 +2.6% $115 / Sq Ft
11/23/2023 11/23/23 Off Market $414,000 -- --
11/15/2023 11/15/23 Price Changed $424,900 -1.2% $115 / Sq Ft
09/05/2023 09/05/23 For Sale $429,900 -- $117 / 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 $4,987 $338,300 -- --
2024 $4,987 $303,800 $83,100 $220,700
2023 $4,526 $283,933 $0 $0
2022 $4,216 $264,067 $0 $0
2021 $3,905 $244,200 $52,500 $191,700
2020 $3,706 $231,433 $0 $0
2019 $3,506 $218,667 $0 $0
2018 $3,366 $205,900 $37,400 $168,500
2017 $3,288 $205,900 $0 $0
2016 $3,675 $198,500 $0 $0
2015 $3,675 $194,800 $0 $0
2014 $3,675 $194,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cinnamon Smith

    Seller's Agent in 2024

    Cinnamon Smith

    J & B Real Estate, Inc

    (301) 748-7811

    1 in this area

    25 Total Sales

    Cinnamon Smith
    Section Image

  • C

    Buyer's Agent in 2024

    Cheri Everhart

    Ronnie Martin Realty, Inc.

    (240) 446-9690

    1 in this area

    15 Total Sales

    Cheri Everhart
    Section Image
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Map

Source: Bright MLS

MLS Number: MDFR2038826

Bright MLS

APN: 25-469054

Maryland Frederick County Brunswick 21716

705 E Potomac St, Brunswick, MD

Not Listed for Sale

MultiFamily

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