NOT LISTED FOR SALE

16513 National Pike Hagerstown, MD 21740

Estimated Value: $1,067,026

-- Bed
2 Baths
2,436 Sq Ft
$438/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $865,000 $355 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,104/month

49 Days on Market

Highlights

  • 3 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Property is in excellent condition
  • Parking Storage or Cabinetry

About This Home

As of January 2022

Unique opportunity to purchase 1 or all 3 income producing, contiguous parcels off of National Pike/Huyetts Crossroads. All of the assets are in excellent condition. Currently, this property is operating as a fully occupied, over under duplex with 1BD/1BA units. Current rents are under market at $650 and $750/mos. This site is situated in a high traffic, growing area. A tremendous amount of future development is planned. Current zoning allows for a large number of commercial uses. Purchase the entire portfolio (3 separately deeded, income producing assets for a discounted price)

Last Agent to Sell the Property

Michael Deming

AEK Real Estate, LLC Listed on: 10/22/2021

Last Buyer's Agent

Michael Deming

AEK Real Estate, LLC Listed on: 10/22/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,197

Year Built

  • Built in 1916

Lot Details

  • 0.74 Acre Lot
  • Property is in excellent condition

Parking

  • 3 Car Detached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Duplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,436 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Leased Propane
  • Hot Water Baseboard Heater
  • Electric Water Heater
  • On Site Septic

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2224000745

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,197

Year Built

Built in 1916

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1916
  • Automatically Close On Close Date: No
  • Remarks Public: Unique opportunity to purchase 1 or all 3 income producing, contiguous parcels off of National Pike/Huyetts Crossroads. All of the assets are in excellent condition. Currently, this property is operating as a fully occupied, over under duplex with 1BD/1BA units. Current rents are under market at $650 and $750/mos. This site is situated in a high traffic, growing area. A tremendous amount of future development is planned. Current zoning allows for a large number of commercial uses. Purchase the entire portfolio (3 separately deeded, income producing assets for a discounted price)
  • Special Features: None

Interior Features

  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2436
  • Living Area Sq Ft: 2436
  • Price Per Sq Ft: 143.68
  • Above Grade Finished Sq Ft: 2436
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16513

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Propane - Leased
  • Heating Type: Forced Air, Baseboard - Hot Water, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Schools

  • School District: WASHINGTON COUNTY PUBLIC SCHOOLS
  • School District Key: 121138761341
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 110500.00
  • Land Assessed Value: 92400.00
  • Land Use Code: 104
  • Lot Size Acres: 0.74
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32400.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: BG
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11620781
  • Tax Annual Amount: 2197.00
  • Assessor Parcel Number: 2224000745
  • Tax Total Finished Sq Ft: 2436
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 01/31/2022

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2002
Sold by
Corbett Evelyn B L and Corbett E
Bought by
Corbett Larry T & Nancy H Trustees
Total Days on Market
49
Current Estimated Value
$1,067,026

Purchase Details

Closed on
Feb 21, 1996
Sold by
Corbett George Thomas
Bought by
Corbett Evelyn B L and Corbett E
Source: Public Records

Range of Values:

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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
Corbett Larry T & Nancy H Trustees -- --
Corbett Evelyn B L -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $865,000 +147.1% $355 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $350,000 -- $144 / 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
2024 $2,397 $231,467 $0 $0
2023 $2,101 $202,900 $92,400 $110,500
2022 $2,101 $202,900 $92,400 $110,500
2021 $2,141 $202,900 $92,400 $110,500
2020 $2,197 $207,300 $92,400 $114,900
2019 $2,197 $207,300 $92,400 $114,900
2018 $2,522 $207,300 $92,400 $114,900
2017 $2,184 $208,100 $0 $0
2016 -- $206,033 $0 $0
2015 -- $203,967 $0 $0
2014 $2,627 $201,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWA2002890

Bright MLS

APN: 24-000745