514 Ridge Avenue

Closed 2/21/20

Sold

Last Sold Price

$52,000

2 beds1 bath1,040 sqft$50/sqft

514 Ridge Ave, Hagerstown, MD 21740

TownhouseProperty Type

1,694 sq ftLot Size

1900Year Built

$50/sq ftPrice per sq ft

Description

Investors, this single family 2-3 bedroom property provides a very attractive annual return at 10.5%. Conveniently located close to the Valley Mall with a long term tenant and gross rent of $9,000 annually. All public utilities with efficient gas heat. 2 bedrooms upstairs each with a closet as well as a bonus room currently being used as a 3rd bedroom. Full bath upstairs as well. Lower level features living room, dining room area and kitchen with exit to back yard. Licensed real estate agent has...Investors, this single family 2-3 bedroom property provides a very attractive annual return at 10.5%. Conveniently located close to the Valley Mall with a long term tenant and gross rent of $9,000 annually. All public utilities with efficient gas heat. 2 bedrooms upstairs each with a closet as well as a bonus room currently being used as a 3rd bedroom. Full bath upstairs as well. Lower level features living room, dining room area and kitchen with exit to back yard. Licensed real estate agent has half ownership.

Listing closed: 02/21/2020 12:00 AM • Source: BRIGHT, MLS#: MDWA169536

Recent comparable sales

Median sold price

$107,000

Avg days on market

Sale-to-list ratio

89.9%

1/27

$60,000

Sold 05/14/26

2
Bedrooms: 1
Bathrooms: 1,072
Square Feet: 0.06
Acres

230 South Potomac Street, Hagerstown, MD 21740

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2
Bedrooms: 1
Bathrooms: 1,104
Square Feet: 0.05
Acres

428 Cook Street, Hagerstown, MD 21740

1/2

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Sold 02/10/25

2
Bedrooms: 1
Bathrooms: 1,064
Square Feet: 0.03
Acres

651 North Mulberry Street, Hagerstown, MD 21740

1/15

$66,675

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2
Bedrooms: 1
Bathrooms: 854
Square Feet: 0.04
Acres

520 West Church Street, Hagerstown, MD 21740

1/22

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Sold 09/22/25

2
Bedrooms: 1
Bathrooms: 1,008
Square Feet: 0.05
Acres

727 Washington Avenue, Hagerstown, MD 21740

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2
Bedrooms: 1
Bathrooms: 1,106
Square Feet: 0.09
Acres

805 Maryland Avenue, Hagerstown, MD 21740

1/28

$139,000

Sold 04/30/25

2
Bedrooms: 1
Bathrooms: 1,036
Square Feet: 0.09
Acres

807 Maryland Avenue, Hagerstown, MD 21740

a view of a house with a small yard and large tree

1/51

$110,000

Sold 04/18/25

2
Bedrooms: 1
Bathrooms: 1,008
Square Feet: 0.09
Acres

834 Chestnut Street, Hagerstown, MD 21740

1/29

$120,000

Sold 04/10/26

2
Bedrooms: 1
Bathrooms: 1,170
Square Feet: 0.03
Acres

121 Winter Street, Hagerstown, MD 21740

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Location

Sold By Maryland Realty, LLC.

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$339 per month

30 year fixed, 6.55% Interest

Principal and Interest

$264

Property Taxes

$75

HOA Dues

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Property Information for 514 Ridge Avenue

Property Details

Taxes: $902 / year
MLS Type: Residential / Fee Simple
County: Washington County
Tax ID Number: 2203021785
Ownership: Fee Simple
Condo Coop Association: No
HOA: No
Structure Type: Twin/Semi-Detached
Style: Colonial, Traditional
Levels/Stories: 2
Waterfront: No
Garage: No
Subdivision: HAGERSTOWN
Subdivision: HAGERSTOWN (WASHINGTON MD)
Municipality: Hagerstown
Central Air: No
Basement: Yes
Above Grade Finished SQFT: 1,040.00
Above Grade Fin SQFT Source: Assessor
Below Grade Finished SQFT: .00
Below Grade Fin SQFT Source: Assessor
Below Grade Unfinished SQFT: 480.00
Below Grade Unfin SQFT Source: Estimated
Total Below Grade SQFT: 480.00
Total Below Grade SQFT Source: Estimated
New Construction: No

Building Information

Stories: 2
Year Built: 1900
Lot Size: 0.04 AC / 1,694 SF

Location

In City Limits: Yes
School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

School District County ID: 121138761341
SchoolDistrictSource: Listing Agent
High School: SOUTH HAGERSTOWN SR (WASHINGTON MD)
HighSchoolSource: Listing Agent
County: WASHINGTON

Waterfront / Water Access

Water View: No
Water Access: No

Water Oriented: No
Navigable Water: No
Tidal Water: No
Riparian Rights Y/N: No

Association / Community Info

Senior Community: No

Taxes and Assessment

Tax Year: 2019
Tax Assessed Value: $46,600

Year Assessed: 2019
County Tax: $449
Improvement Assessed Value: $26,600
City Town Tax: $481
Land Assessed Value: $20,000
Clean Green Assessed: No
Land Use Code: 110
Section: 15
Zoning: RMED
Automatically Update Tax Values Y/N: Yes

Lease Information

Concessions: No

Rooms

Main

# Bedrooms Count Main Level: 2
# Bathrooms Count Main Level: 1

# Bathrooms Full Main Level: 1
# Bathrooms Half Main Level: 0

Rooms

Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 1, Bonus Room
Stories: Main

Rooms Information

Room 1

Room Type: Bathroom 1
Room Length: 13.0

Room Width: 5.0
Room Level: Main
Room Exists: Yes
Room Features: Flooring - Vinyl

Room 2

Room Type: Living Room
Room Length: 12.0

Room Width: 12.0
Room Level: Main
Room Exists: Yes
Room Features: Flooring - Laminate

Room 3

Room Type: Dining Room
Room Length: 13.0

Room Width: 9.0
Room Level: Main
Room Exists: Yes
Room Features: Flooring - Laminate, Ceiling Fan(s)

Room 4

Room Type: Kitchen
Room Length: 12.0

Room Width: 12.0
Room Level: Main
Room Exists: Yes
Room Features: Flooring - Vinyl

Room 5

Room Type: Bedroom 1
Room Length: 13.0

Room Width: 6.0
Room Level: Main
Room Exists: Yes
Room Features: Flooring - Laminate

Room 6

Room Type: Bedroom 2
Room Length: 12.0

Room Width: 12.0
Room Level: Main
Room Exists: Yes
Room Features: Flooring - Laminate, Ceiling Fan(s)

Room 7

Room Type: Bonus Room
Room Length: 13.0

Room Width: 9.0
Room Level: Main
Room Exists: Yes
Room Features: Flooring - Laminate, Ceiling Fan(s)

Financial Information

Annual Rental Income: $9,000

Building Info

Total Finished SQFT: 1,040.00
Total Finished SQFT Source: Assessor

Tax Total Finished SQFT: 1,040.00
Total SQFT: 1,520.00
Total SQFT Source: Estimated
Main Entrance Orientation: West
Construction Materials: Stick Built
Ext Main Mid-res: http://bright-media.brightmls.com/bright/images/0000/3021/8974/7098/302189747098_512_384_WM_C2-yZVnuRecvho_G.jpg
Basement Type: Other
Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bathrooms Full-Main Level-1
# Bathrooms Full: 1
# Bathrooms Half: 0
Other Structure: Above Grade, Below Grade

Lot / Land Information

Lot Size Source: Assessor
Parcel ID: 11590493

Parking

Type Of Parking: On Street

Interior Features

Fireplace: No
Appliances: Refrigerator, Oven - Single

Accessibility Features: None

Exterior Features

Pool: No Pool

Utilities

Heating: Yes
Cooling Type: Window Unit(s)

Cooling Fuel: Electric
Heating Type: Forced Air
Heating Fuel: Natural Gas
Water Source: Public
Sewer Septic: Public Sewer

Confidential Data

Listing Office

List Agent AOR: Pen-Mar Regional Association of REALTORS

Property History for 514 Ridge Avenue

Date	Event & Source	Price	Appreciation
Feb 21, 2020	Closed BRIGHT #MDWA169536	$52,000	—
Feb 5, 2020	Pending BRIGHT #MDWA169536		—
Dec 21, 2019	Listed (Active) BRIGHT #MDWA169536	$64,900	—
Apr 4, 2016	Closed (Public Record) Public Record #569574243	$49,500	+5.1% / yr
Apr 3, 2003	Closed (Public Record) Public Record #111009682	$26,000	—

Date	Event & Source	Price
02/21/2020	Closed BRIGHT #MDWA169536	$52,000
02/05/2020	Pending BRIGHT #MDWA169536	—
12/21/2019	Listed (Active) BRIGHT #MDWA169536	$64,900
04/04/2016	Closed (Public Record) Public Record #569574243	$49,500 +5.1% / yr
04/03/2003	Closed (Public Record) Public Record #111009682	$26,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 514 Ridge Avenue

Taxable ValueLand-Additions-Total-

Tax Record2025$692 ($58 / month)

Home Facts

Beds0Baths1Total Finished SqFt1,105 SqFtAbove Grade Finished SqFt1,105 SqFtStories2Lot Size1,694 SqFtStyleTownhouseYear Built1900Year Renovated1900ZoningRMEDCountyWASHINGTONAPN03-021785

Schools near 514 Ridge Avenue

This home is within Washington County Public Schools.


Rating	School	Type	Grades	Distance
6/10	Lincolnshire Elementary School	Public - Serves this home	PK to 5	1.9 mi
5/10	Western Heights Middle School	Public - Serves this home	6 to 8	1.5 mi
5/10	South Hagerstown High School	Public - Serves this home	9 to 12	1.4 mi
10/10	Barbara Ingram School For The Arts	Public - Nearby school	9 to 12	0.8 mi
NR	Washington County Job Development Center	Public - Choice school	12	1.5 mi
NR	Marshall Street School	Public - Choice school	PK to 12	1.5 mi
NR	Truth Christian Academy	Private - Nearby school	PK to 12	0.7 mi
NR	St Mary Catholic School	Private - Nearby school	PK to 8	0.7 mi
NR	Shiningtree School	Private - Nearby school	8 to 9	0.9 mi


Rating	School	Distance
6/10	Lincolnshire Elementary School PublicPK to 5 Serves this home	1.9 mi
5/10	Western Heights Middle School Public6 to 8 Serves this home	1.5 mi
5/10	South Hagerstown High School Public9 to 12 Serves this home	1.4 mi
10/10	Barbara Ingram School For The Arts Public9 to 12 Nearby school	0.8 mi
NR	Washington County Job Development Center Public12 Choice school	1.5 mi
NR	Marshall Street School PublicPK to 12 Choice school	1.5 mi
NR	Truth Christian Academy PrivatePK to 12 Nearby school	0.7 mi
NR	St Mary Catholic School PrivatePK to 8 Nearby school	0.7 mi
NR	Shiningtree School Private8 to 9 Nearby school	0.9 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 514 Ridge Avenue, Hagerstown, MD 21740	$52,000	2	1	1,040	1,694
512 Ridge Avenue, Hagerstown, MD 21740	$10,000	3	1	–	1,421
508 Ridge Avenue, Hagerstown, MD 21740	$180,000	4	2	2,080	3,135
504 Ridge Avenue, Hagerstown, MD 21740	$135,000	–	1	1,196	3,402
502 Ridge Avenue, Hagerstown, MD 21740	$35,900	3	1	1,040	1,525
522 Ridge Avenue, Hagerstown, MD 21740	–	–	–	9,568	19,520
500 Ridge Avenue, Hagerstown, MD 21740	$48,000	–	–	1,105	1,307
519 Ridge Avenue, Hagerstown, MD 21740	–	–	2	1,536	5,520
723 Claire Street, Hagerstown, MD 21740	$57,000	–	1	1,040	3,600
803 Claire Street, Hagerstown, MD 21740	$125,000	3	3	–	5,520
525 Ridge Avenue, Hagerstown, MD 21740	–	–	1	1,122	11,040
505 South Burhans Boulevard, Hagerstown, MD 21740	$170,000	–	–	1,560	–
440 Ridge Avenue, Hagerstown, MD 21740	$100,000	–	1	1,040	5,080
530 Ridge Avenue, Hagerstown, MD 21740	$32,000	–	–	–	7,680
441 Ridge Avenue, Hagerstown, MD 21740	$136,000	–	2	1,120	5,520
538 Ridge Avenue, Hagerstown, MD 21740	$110,000	3	1	1,428	2,560

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 03/24/2023 05:05 AM

Hagerstown, MD

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