NOT LISTED FOR SALE
Studio
-- Bath
2,924 Sq Ft
0.61 Acres

Last Sold May 13, 2022

Last sale price $330,000 $113 Per Sq Ft

6 Days on Market

Highlights

  • 0.61 Acre Lot
  • Traditional Architecture
  • Electric Baseboard Heater
  • Deck
  • Window Unit Cooling System
  • Property is in very good condition

About This Home

As of May 2022

INVESTOR ALERT! 2021 monthly rent equivalent to 1% of the listing price. Meticulously maintained Quadruplex located near Hagerstown City Park. Live in one unit and rent out the others or rent them all. Of the 4 units, there are (3) 1BR/1BA and (1) 2BR/1BA. The 1-bedroom units have either passthrough bedrooms or additional rooms without egress. Great rent producing income. Two units are Month to Month, one unit is ending a long-term lease in March and one unit is recently vacant and intentionally kept vacant for showing purposes. Units have rented well under market value @ $800 each. Coin-operated clothes washer & dryer conveys. Huge land space behind the building has endless revenue potential for parking of large vehicles or storage. Buyer to check with the City of Hagerstown for allowance of structural additions.
OFFER DEADLINE IS SET FOR 3 PM MONDAY, FEBRUARY 28th.

Last Agent to Sell the Property

Lauren Kremers

(301) 365-0664 laurenkremers@c21redwood.com Century 21 Redwood Realty License #650396 Listed on: 02/23/2022

Century 21 Redwood Realty

Co-Listed By

Adam Kohn

(301) 365-0664 adamkohn@c21redwood.com Century 21 Redwood Realty

Last Buyer's Agent

Carla Clarke

(240) 409-9553 carlaclarke13@gmail.com Clarke Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,318

Year Built

  • Built in 1902 | Remodeled in 2013

Lot Details

  • 0.61 Acre Lot
  • Cleared Lot
  • Back Yard
  • Property is in very good condition

Home Design

  • 2,924 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Plaster Walls
  • Asphalt Roof

Unfinished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Parking

  • 8 Parking Spaces
  • 8 Off-Street Spaces
  • Private Parking
  • Driveway
  • Unpaved Parking

Utilities

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

Additional Features

  • Deck
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 2203024121

Community Details

Overview

  • 4 Units
  • 3-Story Building
  • Building Winterized

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,318

Year Built

Built in 1902 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Outside shed (tenant owned)
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2022-02-23
  • Year Built: 1902
  • Year Renovated: 2013
  • Automatically Close On Close Date: Yes
  • Building Winterized: Yes
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Outside Entrance, Unfinished, Walkout Stairs
  • Total Sq Ft: 2924
  • Living Area Sq Ft: 2924
  • Price Per Sq Ft: 109.40
  • Above Grade Finished Sq Ft: 2924
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, Private, Unpaved
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 8

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: 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

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 51800.00
  • Land Assessed Value: 106100.00
  • Lot Features: Cleared, Rear Yard
  • Lot Size Acres: 0.61
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 26536.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: RMOD
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Rent Control: No
  • Total Actual Rent: 38400.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11597443
  • Tax Annual Amount: 3318.00
  • Assessor Parcel Number: 2203024121
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2022 05/13/22 Sold $330,000 +3.2% $113 / Sq Ft
04/18/2022 04/18/22 Price Changed $319,900 0.0% $109 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $319,900 +52.3% $109 / Sq Ft
11/26/2012 11/26/12 Sold $210,000 -23.6% $72 / Sq Ft View Prior Sale
09/20/2012 09/20/12 Pending -- -- --
01/06/2012 01/06/12 For Sale $275,000 -- $94 / Sq Ft
Source: Bright MLS

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 $2,413 $312,500 $106,100 $206,400
2024 $2,413 $264,833 $0 $0
2023 $1,978 $217,167 $0 $0
2022 $1,544 $169,500 $106,100 $63,400
2021 $1,709 $165,633 $0 $0
2020 $1,476 $161,767 $0 $0
2019 $1,476 $157,900 $106,100 $51,800
2018 $1,630 $157,900 $106,100 $51,800
2017 $1,496 $157,900 $0 $0
2016 -- $160,000 $0 $0
2015 $4,116 $160,000 $0 $0
2014 $4,116 $160,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWA2006026

Bright MLS
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