NOT LISTED FOR SALE

Estimated Value: $178,000 - $280,844

-- Bed
1 Bath
2,576 Sq Ft
$92/Sq Ft Est. Value

Last Sold November 10, 2023

Last sale price $265,000 $103 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,361/month

176 Days on Market

Highlights

  • Traditional Floor Plan
  • Wood Flooring
  • 1 Car Detached Garage
  • Traditional Architecture
  • Attic
  • 2-minute walk to National Road Park

About This Home

As of November 2023

BACK ON THE MARKET - Great investment opportunity for an income producing ‘Lead Paint Free’ side by side 2-unit brick duplex. Each side consists of 3 bedrooms, 1 bath, laundry in basement of each unit, unfinished basement and attic space, fenced rear yard and 1 garage. Both sides are occupied by tenants on month-to-month leases. One tenant since 2020, the other since 2015. This duplex has the potential of being separated and sold as 2 individual units. A firewall was installed between the 2 units with a permit through the City of Hagerstown for this purpose. 813 Side has an Oil Furnace, Radiator heat, 815 is Gas furnace forced hot air heat, All utilities are metered separately and paid by the tenant including water/sewer/trash.

Rents are currently below market; 813 side $905, 815 side $905, Garage $50. Both units are Lead Free (certs in document section) and were renovated in 2002 with new windows. A new roof in 2008. Currently landlord maintains the yard, takes care of snow removal and pest control.

Last Agent to Sell the Property

Michael Stanford

mstanford@myactv.net CES Properties, LLC. License #631295 Listed on: 05/09/2023

Last Buyer's Agent

Craig Marsh

(301) 875-5978 craigmarshrealty@gmail.com Marsh Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,240

Year Built

  • Built in 1900 | Remodeled in 2002

Lot Details

  • 5,625 Sq Ft Lot
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • Side Facing Garage
  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • Bathtub with Shower
  • Traditional Floor Plan
  • Replacement Windows
  • Dining Area
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Stove
  • Attic

Utilities

  • Forced Air Heating System
  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Electric Baseboard Heater
  • 100 Amp Service
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for insurance, lawn/shrub care, pest control, snow removal, real estate taxes
  • Assessor Parcel Number 2203023494

Community Details

Overview

  • 2 Units
  • 4-Story Building

Building Details

  • Income includes apartment rentals, parking
  • Insurance Expense $753
  • Maintenance Expense $1,350
  • Operating Expense $3,600
  • Gross Income $22,320
  • Net Operating Income $16,772

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,240

Year Built

Built in 1900 | Remodeled in 2002

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Year Renovated: 2002
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Refrigerator, Stove
  • Flooring Type: Wood
  • Interior Amenities: Attic, Dining Area, Floor Plan - Traditional, Tub Shower, Wood Floors
  • Window Features: Replacement
  • Fireplace: No
  • Foundation Details: Stone, Concrete Perimeter
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3024
  • Living Area Sq Ft: 2576
  • Price Per Sq Ft: 112.54
  • Above Grade Finished Sq Ft: 2576
  • Below Grade Sq Ft: 448
  • Total Below Grade Sq Ft: 448
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas, Natural Gas Available, Oil
  • Heating Type: Forced Air, Radiator, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Pest Control Expense: 475.00
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5625.00
  • Property Condition: Good
  • Zoning: RMED
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Insurance, Lawn/Shrub Care, Pest Control, Snow Removal, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 22200.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2240.00
  • Assessor Parcel Number: 2203023494
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

Multi Family

  • Gross Income: 22320.00
  • Gross Scheduled Income: 22320.00
  • Income Includes: Apartment Rentals, Parking
  • Operating Expense: 3600.00

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Nov 10, 2023
Sold by
Tahoe Properties Llc
Bought by
Windows Of Grace Llc
Seller's Agent
Michael Stanford
CES Properties, LLC.
Buyer's Agent
Craig Marsh
Marsh Realty
List Price
$318,900
Sold Price
$265,000
Premium/Discount to List
-$53,900
-16.9%
Views
276
Current Estimated Value
$237,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,289
Avg. Annual Appreciation
-5.09%

Purchase Details

Closed on
Oct 13, 2011
Sold by
Ces Properties Llc
Bought by
Ces Properties Llc

Purchase Details

Closed on
Aug 1, 2011
Sold by
Ces Properties Llc
Bought by
Tahoe Properties Llc

Purchase Details

Closed on
Jan 29, 2010
Sold by
Stanford Michael
Bought by
Ces Properties Llc

Purchase Details

Closed on
Jul 16, 2001
Sold by
Brown Ralph D
Bought by
Michael Stanford
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Windows Of Grace Llc $265,000 None Listed On Document
Windows Of Grace Llc $265,000 None Listed On Document
Ces Properties Llc -- --
Tahoe Properties Llc -- Lincoln Title & Settlement S
Ces Properties Llc -- --
Ces Properties Llc -- --
Michael Stanford $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Michael Stanford --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2023 11/10/23 Sold $265,000 -8.6% $103 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
10/26/2023 10/26/23 Price Changed $289,900 -3.3% $113 / Sq Ft
09/15/2023 09/15/23 Price Changed $299,900 -3.2% $116 / Sq Ft
06/19/2023 06/19/23 Price Changed $309,900 -2.8% $120 / Sq Ft
05/09/2023 05/09/23 For Sale $318,900 0.0% $124 / Sq Ft
08/05/2020 08/05/20 Rented $865 0.0% --
07/31/2020 07/31/20 Under Contract -- -- --
07/08/2020 07/08/20 For Rent $865 +8.8% --
09/19/2015 09/19/15 Rented $795 -4.8% --
09/18/2015 09/18/15 Under Contract -- -- --
06/08/2015 06/08/15 For Rent $835 -- --
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 $1,375 $169,600 $35,000 $134,600
2024 $1,375 $150,967 $0 $0
2023 $1,206 $132,333 $0 $0
2022 $1,036 $113,700 $35,000 $78,700
2021 $1,074 $107,200 $0 $0
2020 $937 $100,700 $0 $0
2019 $881 $94,200 $35,000 $59,200
2018 $881 $94,200 $35,000 $59,200
2017 $881 $94,200 $0 $0
2016 -- $110,900 $0 $0
2015 $2,144 $110,900 $0 $0
2014 $2,144 $110,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWA2014780

Bright MLS

APN: 03-023494