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49 Summit Avenue

49 Summit Avenue, Hagerstown, MD 21740
Property in Historic Heights
1 Units For Sale
Unit for sale at 49 SUMMIT AVENUE, HAGERSTOWN, MD 21740

$350,000 ↑ $15K

  • Commercial
49 SUMMIT AVENUE, HAGERSTOWN, MD 21740 Listing by Taylor Smith

Local assessors in Hagerstown, MD have categorized 49 Summit Avenue as a office type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 1,688 square feet. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 49 Summit Avenue is a 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 49 Summit Avenue was last sold in Jan 1, 1970 for $320,000. According to our calculations, that's $67.72 per sqft. Prior to that sales transaction, the property was sold for $93,000 in Jun 29, 1990. Current property owners are expected to pay $2,672 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 49 Summit Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $291,967. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220603
06/03/2022
Loft
-
-
$325,000
bedrooms
Loft
bathrooms
-
-
-
-
Taylor Smith
Taylor Properties

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Brick
  • Floor Count: 3
  • Living Units: 1
  • Business/Commerical Units Count: 6
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,688
  • Total Building Area: 4,725
  • Gross Building Area: 4,725
  • Building Area: 4,725
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Office
  • Land Acres: 0.039
  • Standard Land Use Code: Office bldg (general)
  • Legal Description 1: LOT 1 0.039 ACRES 49 SUMMIT AVE

Ownership

  • Current Owner : CHAP PROPERTIES LLC
  • Previous Owner : MR PARTNERSHIP
  • Owner Before Previous Owner: THE PROSPECT REALTY
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washington County Public Schools
  • Census Tract: 000400

Zoning

  • Zoning: CCMU

Geography

  • Assessors Map Reference: 306 0 2124
  • Account Number: 027651
  • District: 03
  • Parcel: 03-027651
  • Lot: 1
  • Municipality: HAGERSTOWN
  • Latitude: 39.6421
  • Longitude: -77.7237

    Address

  • Full Address: 49 Summit Ave
  • Address - House Number: 49
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Hagerstown
  • Carrier Code: C001
  • 4-Digit Zip Code: 5516
  • Zip Code: 21740

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,672
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 030

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $183,000
  • First Open Lien Mortgage Lender: BANK OF CHARLES TOWN
  • First Open Lien Mortgage Recording Date: Aug 07, 2019
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $158,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Jul 31, 2024
  • Second Open Lien Mortgage Lender: BANK OF CHARLES TOWN
  • Second Open Lien Mortgage Recording Date: Nov 22, 2019
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Nov 19, 2029

    Market Valuation

  • Market Total Value: $292,300
  • Market Land Value: $50,000
  • Market Improvement Value: $242,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $291,967

    Sales

  • Current Sale Recording Date: Jan 13, 2000
  • Current Sale Transaction ID: 1734565612
  • Current Sale Price: $320,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 008854
  • Previous Sale Recording Date: Jun 29, 1990
  • Previous Sale Contract Date: Jun 29, 1990
  • Previous Sale Amount: $93,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Transaction Date: Jun 29, 1990
  • Previous Mortgage Loan Amount: $98,000

About Historic Heights



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Frequently Asked Questions

What neighborhood is 49 Summit Avenue located in?
The 49 Summit Avenue is a located in the neighborhood of Historic Heights in Historic Heights, Hagerstown.
How many listings are currently for sale in 49 Summit Avenue?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 49 Summit Avenue?
The average sales price for units in 49 Summit Avenue is $350,000 currently.

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