NOT LISTED FOR SALE
Studio
-- Baths
3,740 Sq Ft
4,239 Sq Ft Lot

Sale Details

Date Sold: September 19, 2022

Last sale price $450,000 $120 Per Sq Ft

14 Days on Market

Highlights

  • Double Pane Windows
  • Electric Baseboard Heater
  • Storm Doors

About This Home

As of September 2022

Inexperienced Investor walked leaving You a Great Investment Opportunity!
Multi-Unit Investment offering 6 2-Level Townhomes Fully Occupied with a Steady rental Income. Monthly rent income $4,600.00
Lead Cert. & Up to date City Registrations along with Seller's NOI is available upon request.
Each unit offers a Living area with Eat-In Separate kitchen area. 2 bedrooms with 1- Full bath on upper level.
Parking is available in both lot across the street or side of units.
Washer/ Dryer is offered in 4 of the 6 units.
Occupants on a Month-Month rent looking for longer terms lease options.
Each Tent receives and pays their own electric bill. All Units are separately metered.

Call Listing Agent for more details and all showing requests.

Last Agent to Sell the Property

Sherry Scire

(240) 707-3200 Sherry@remaxagent.org RE/MAX Results License #RSR001274 Listed on: 07/18/2022

RE/MAX Results

Last Buyer's Agent

Jennifer Young

(703) 679-1700 klrw319@kw.com Keller Williams Realty

Keller Williams Realty
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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,787

Year Built

  • Built in 1900

Lot Details

  • 4,239 Sq Ft Lot
  • Property is in good condition

Home Design

  • Slab Foundation
  • Plaster Walls
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,740 Sq Ft Home
  • Double Pane Windows
  • Storm Doors
  • Stove

Parking

  • Gravel Driveway
  • Unassigned Parking

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for real estate taxes
  • Tax Lot 9
  • Assessor Parcel Number 2217006878

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $8,734
  • Gross Income $55,200
  • Net Operating Income $46,466

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,787

Year Built

Built in 1900

Lot Details

4,239 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Each unit has Fridge and Stove. 4 Units have Washer/ Dryer
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Stove
  • Window Features: Double Pane
  • Fireplace: No
  • Door Features: Storm
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Slab
  • Basement: No
  • Total Sq Ft: 3740
  • Living Area Sq Ft: 3740
  • Price Per Sq Ft: 132.35
  • Above Grade Finished Sq Ft: 3740
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway, Unassigned

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 77930.00
  • Land Assessed Value: 25000.00
  • Lot Size Acres: 0.10
  • Lot Dimensions: Every other yard is Outline with Vinyl fencing.
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4239.00
  • Property Condition: Good
  • Zoning: R2
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Taxes - Real Estate
  • Total Actual Rent: 4600.00
  • Units Leased Count: 6
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11615535
  • Tax Annual Amount: 1787.06
  • Assessor Parcel Number: 2217006878
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Year: 2006

Multi Family

  • Gross Scheduled Income: 55200.00
  • Operating Expense: 8734.00

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Sep 19, 2022
Sold by
Bought by
Seller's Agent
Sherry Scire
RE/MAX Results
Buyer's Agent
Jennifer Young
Keller Williams Realty
List Price
$495,000
Sold Price
$450,000
Premium/Discount to List
-$45,000
-9.09%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2020
Sold by
Bought by

Purchase Details

Closed on
Feb 16, 2006
Sold by
Bought by

Purchase Details

Closed on
Feb 25, 1987
Sold by
Bought by

Purchase Details

Closed on
Sep 28, 1982
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Central, MD

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$450,000 First American Title
$165,000 None Available
$210,000 --
$24,000 --
$15,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $450,000
Closed $360,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/19/2022 09/19/22 Sold $450,000 -9.1% $120 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $495,000 -- $132 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,056 $442,800 $40,000 $402,800
2025 $4,056 $445,200 $40,000 $405,200
2024 $3,382 $371,300 $0 $0
2023 $2,709 $297,400 $0 $0
2022 $2,036 $223,500 $40,000 $183,500
2021 $2,307 $223,500 $40,000 $183,500
2020 $2,081 $223,500 $40,000 $183,500
2019 $2,107 $225,400 $40,000 $185,400
2018 $2,326 $225,400 $40,000 $185,400
2017 $2,244 $225,400 $0 $0
2016 -- $240,000 $0 $0
2015 $3,577 $220,733 $0 $0
2014 $3,577 $201,467 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWA2009626

Bright MLS

APN: 17-006878

Your Personal Tour Guide

Ask me questions while you tour the home.