NOT LISTED FOR SALE

16517 National Pike Hagerstown, MD 21740

Estimated Value: $1,085,056

-- Bed
1 Bath
1,728 Sq Ft
$628/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $865,000 $501 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,283/month

49 Days on Market

Highlights

  • Additional Residence on Property
  • Patio
  • Forced Air Heating and Cooling System
  • 4 Car Direct Access Garage
  • 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 an occupied, single family home, a second home ( income producing cottage) with a 4 bay commercial garage. Current rents are under market at $1250/mos and $890/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

  • $3,291

Year Built

  • Built in 1920

Lot Details

  • 0.74

Parking

  • 4 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • 1,728 Sq Ft Home

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • On Site Septic

Additional Features

  • Patio
  • 0.74 Acre Lot
  • Additional Residence on Property

Listing and Financial Details

  • Assessor Parcel Number 2224000753

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,291

Year Built

Built in 1920

Lot Details

0

Parking

4

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • 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 an occupied, single family home, a second home ( income producing cottage) with a 4 bay commercial garage. Current rents are under market at $1250/mos and $890/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
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Other
  • Total Sq Ft: 1728
  • Living Area Sq Ft: 1728
  • Price Per Sq Ft: 286.46
  • Above Grade Finished Sq Ft: 1728
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16517

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: 2nd House
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Additional Storage Area, Inside Access, Oversized, Garage - Front Entry
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • 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: 191200.00
  • Land Assessed Value: 112800.00
  • Land Use Code: 104
  • Lot Size Acres: 0.74
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32400.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2021
  • Zoning: BG
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11633772
  • Tax Annual Amount: 3291.00
  • Assessor Parcel Number: 2224000753
  • Tax Total Finished Sq Ft: 1728
  • 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

Listed on
Oct 22, 2021
Closed on
Feb 1, 2022
Sold by
Larry T Corbett Revocable Convertible Tr
Bought by
Hill Street Holdings Llc
Seller's Agent
Michael Deming
AEK Real Estate, LLC
Buyer's Agent
Michael Deming
AEK Real Estate, LLC
List Price
$495,000
Sold Price
$865,000
Premium/Discount to List
$370,000
74.75%
Current Estimated Value
$1,085,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,056
Avg. Annual Appreciation
6.75%
Source: Public Records

Range of Values:

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Average Value
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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
Hill Street Holdings Llc $865,000 None Listed On Document
Hill Street Holdings Llc $865,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corbett Larry T $300,000
Previous Owner Corbett Larry T $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $865,000 +74.7% $501 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $495,000 -- $286 / 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 $3,349 $323,467 $0 $0
2023 $3,148 $304,000 $112,800 $191,200
2022 $3,148 $304,000 $112,800 $191,200
2021 $3,208 $304,000 $112,800 $191,200
2020 $3,254 $310,500 $112,800 $197,700
2019 $3,254 $307,000 $0 $0
2018 $3,215 $303,500 $0 $0
2017 $3,180 $300,000 $0 $0
2016 -- $300,000 $0 $0
2015 $3,162 $300,000 $0 $0
2014 $3,162 $303,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michael Deming

    AEK Real Estate, LLC

    (240) 217-6804

    18 Total Sales

    Michael Deming
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Map

Source: Bright MLS

MLS Number: MDWA2002896

Bright MLS

APN: 24-000753

Maryland Washington County Hagerstown 21740

16517 National Pike, Hagerstown, MD

This home is located at 16517 National Pike, Hagerstown, MD 21740 since 22 October 2021 and is currently estimated at $1,085,056, approximately $627 per square foot. This property was built in 1920. 16517 National Pike is a home located in Washington County with nearby schools including Jonathan Hager Elementary School, Springfield Middle School, and Williamsport High School.

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