2 months on rocket

527 Summit Ave, Hagerstown, MD, 21740

$315,000

Home List Price

$3,741*

Closing Credit

0 Baths
2,500 SqFt
$126/SqFt
Multi
Schools Nearby

Location

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527 Summit Ave, Hagerstown$315,000

Buyer Closing Credits

$3,741*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1900
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #MDWA2019848
Lot Size0.12 Acres
StatusActive
(ACTIVE)

About 527 Summit Ave

Explore the potential of this versatile duplex, offering a unique opportunity to reside in one part while generating income by renting out the rest. Featuring an upper unit equipped with 3 bathrooms and 4 bedrooms, this property presents a variety of rental configurations to suit your needs. In excellent condition and with separate electric meters, it's designed for both convenience and cost-efficiency. The inclusion of gas heating and central air ensures comfort in all seasons. Visit and envision how you can maximize the property's income potential to its fullest.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1900
  • Living Area: 2,500 SqFt

Listing Office:

  • Office Name: RG Realty, Inc.
  • Office Phone: (240) 203-6393
  • Listing Agent: Roberto G. Gonzalez

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Barbara Ingram School For The Arts, Public District Grades 9-12
  • South Hagerstown High School, Public District Grades 9-12
  • E. Russell Hicks Middle School, Public Magnet Grades 6-8
  • Bester Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Hagerstown

Price Information

Listing Price Info

Price Summary:

  • List Price: $315,000
  • Price Per SqFt: $126/SqFt

Tax Information:

  • Annual Amount: $1,039
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Hagerstown, MD.

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Hagerstown, MD

City

Med. Sold Price

$300K

Med. Price/SqFt

$165

Avg. Days On Market

45

# of Sold Homes

78

527 Summit Ave vs Hagerstown

84 DAYS ON ROCKET

+39 Days

$315,000

+$15K More

$126/SqFt

-$39 Less

KEY TAKEAWAY

This property is $15K more than the Median Sold Price and $39/SqFt less than other homes in Hagerstown, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDWA2019848

Listing Office:

  • Office Name: RG Realty, Inc.
  • Office Phone: (240) 203-6393
  • Listing Agent: Roberto G. Gonzalez

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/15/2024, 11:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 09, 2015Home Sold
$145,000
Jul 29, 2014Home Sold
$48,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,039$119,633
2020$1,073$115,367
2019$1,038$111,100
2018$1,031$110,300
2017$1,024$109,500

History based on county public records data.

Payment Calculator

$1,640

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,011

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3548453
2
/10

  • Bester Elementary School

  • 30 Memorial Blvd E

  • 0.38 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3548454
6
/10

  • E. Russell Hicks Middle School

  • 1321 S Potomac St

  • 1.29 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-3548455
8
/10

  • Barbara Ingram School For The Arts

  • 711 S Potomac St

  • 0.34 miles

  • Public District Grades 9-12

school-card-donut-3548456
4
/10

  • South Hagerstown High School

  • 1101 S Potomac St

  • 0.91 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,097. The most common annual income of people living in Hagerstown, MD is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Hagerstown, MD

Types of housing in Hagerstown, MD.

Single detached homes are the most common housing type, representing around one third of dwellings in Hagerstown, while large apartment buildings, small apartment buildings, and townhouses are also present in the housing stock. This city has a good variety of housing size options, ranging from lofts to four or more bedrooms. Renters occupy around 60% of the dwellings in Hagerstown and 40% are occupied by owners. Most of the housing growth in this city occurred before the 1960s.

What is it like to live in Hagerstown, MD?

Hagerstown is quiet, as there tend to be low levels of noise from traffic - although there are still several noisier areas, especially closer to Maryland Veterans Memorial Highway or one of the railway lines.

Is it easy to get around Hagerstown, MD without a car?

Property owners in this city will be pleased to learn that a grocery store is always only a reasonably short walk away. A small number of restaurants and coffee shops can be found as well. With respect to education, primary schools are convenient to walk to from anywhere in this city. On the other hand, high schools are not especially abundant and accordingly tend to require a long walk to get to. In addition to public schools, there are private elementary and high schools.

Transportation in Hagerstown, MD.

Cars are an excellent transportation option in Hagerstown. It is straightforward to come across a place to park, and nearby highways, such as Dwight D Eisenhower Highway, are reasonably easy to access from any home in this city. However, walking is not very popular in this city, even though many daily needs are convenient to meet on foot.

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Rocket Homes›Maryland›Washington County›Hagerstown›21740›527 Summit Ave

This home is located at 527 Summit Ave in Hagerstown, MD and zip code 21740. This 2,500 square foot home, which was built in 1900, sits on a 0.12 acre lot. It has been listed on Rocket Homes since January 22, 2024 and is currently priced at $315,000.

In March 2024 more than 22 listings in Hagerstown, MD were sold above the asking price. During the same period more than 26 listings were sold at asking price, while more than 30 were sold below. In March 2024 in Hagerstown, MD there were 2.8% more homes for sale than in February 2024. Listings spent 45 days on the market in March 2024, and had a median list price of $300,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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