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21 Sumac Road, Glen Burnie, MD 21060
$845,000
21 Sumac Road, Glen Burnie, MD 21060View this property at 21 Sumac Road, Glen Burnie, MD 21060
21 Sumac RoadGlen BurnieMD21060
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Property Description
6 total rental units. Cash flowing, no deferred maintenance, fully rented, and recently renovated apartment building (5 units) plus single-family home in renter-dense Glen Burnie location. Lead-free (MDE registered) and legal (cert of use w/non-conf cert and MDL). Property was fully renovated in '18/'19 -- new roofs and gutters, individually electrical metered, new water heater, paint, LED lighting, landscaping, fencing, mailbox cluster, and 5 of 6 interiors completely re-done including baseboad heaters. Actual annual rents of $90,120 with upside, equating to a 8.75% current cap rate. Units consist of one 3-bedroom, three 1-bedrooms, and one efficiency in the apartment building and one 1-bedroom bungalow single-family home. There is a separate laundry room with income.
Full Property Details
Full Property Details for 21 Sumac Rd
General
- Price: $845,000
- Taxes: $5,890 (2021)
- Status: Active
- Type: Apartment
- MLS ID: MDAA2077910
- Updated: 4/17/2024
- Added to Site: 77 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Total Spaces: 9
- Parking Type: Parking Lot
Location
- County: Anne Arundel
- Driving Directions: Off B&A Hwy and Sumac Rd
- City Limits: Yes
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Other
- Roof: Asphalt, Architectural Shingle
- Stories/Levels: 0
- Year Built: 1949
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,500
- Lot Size Source: Estimated
- Zoning: R5
Financial Considerations
- Price Per Sq. Ft.: $187.78
- Assessment Year: 2021
- County Tax: $4,464
- County Tax Freq: Annually
- Tax w/Assessment: $427,167
- Tax Amount: $5,890
- Tax Year: 2021
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
- Lot Number: 11
Listed by Taylor Properties, Nicole C. Hassannia
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Schools
Schools serving 21 Sumac Rd
School District:Anne Arundel County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
715 Cooper Rd, Glen Burnie, MD 21060 | PK-5 | 0.2 mi | |
10 Davis Ct, Glen Burnie, MD 21060 | 6-8 | 0.2 mi | |
7550 Baltimore Annapolis Blvd, Glen Burnie, MD 21060 | 9-12 | 1.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 21 Sumac Rd
Date
Details
Price
Change
Source
4/17/2024
Price Reduced
$845,000
-5.06%
MLS
2/14/2024
Listed
$890,000
132.68%
MLS
12/27/2017
Sold
$382,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 21 Sumac Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,851
8%
$444,233
4%
2022
$4,481
4%
$428,800
—
2018
$4,298
-32%
$427,167
—
2021
$6,328
—
$425,533
—
2020
$6,315
2%
$423,900
—
2019
$6,171
—
$423,900
—
2018
$6,193
-1%
$423,900
-1%
2017
$6,270
12%
$428,100
18%
2016
$5,612
13%
$361,267
23%
2015
$4,961
17%
$294,333
29%
2014
$4,254
—
$227,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 21 Sumac Rd
21 Sumac Road, Glen Burnie, MD 21060 (MLS# MDAA2077910) is a Apartment property. 21 Sumac Road is currently listed for $845,000 and was received on February 14, 2024. Want to learn more about 21 Sumac Road? Do you have questions about finding other Apartment real estate for sale in Glen Burnie? You can browse all Glen Burnie real estate or contact a Coldwell Banker agent to request more information.