1 E Montgomery St Baltimore, MD 21230
Riverside Neighborhood
7
Beds
7.5
Baths
4,454
Sq Ft
2,140
Sq Ft Lot
Highlights
- Federal Architecture
- 2 Fireplaces
- Heating Available
- Wood Flooring
- No HOA
- 2-minute walk to Hill Street Park
About This Home
As of July 2024REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Monday, May 20, 2024. Live On Site Auction - Wednesday, May 22, 2024 at 11:00 AM. 1 E. Montgomery Street is prominently positioned at the corner of Montgomery Street and South Charles Street in the Federal Hill National Historic District in South Baltimore. The property was formerly operated as the Scarborough Fair Bed & Breakfast, which featured 7 guest suites and office. The property has since been gutted and partially renovated, but remains well situated for redevelopment for any number of residential, institutional and possibly commercial uses. The location, nestled among Baltimore’s best known destinations and countless major employers, is exceptional. The auction provides the opportunity for either users or investors to purchase and re-purpose this well-known corner property back into productive use.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $14,266
Year Built
- Built in 1920
Lot Details
- 2,140 Sq Ft Lot
- Ground Rent of $24 semi-annually
Home Design
- Federal Architecture
- Fixer Upper
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 4,454 Sq Ft Home
- Property has 3 Levels
- 2 Fireplaces
- Double Hung Windows
- Wood Flooring
Bedrooms and Bathrooms
Utilities
- Heating Available
Community Details
- No Home Owners Association
- Federal Hill Historic District Subdivision
Listing and Financial Details
- Tax Lot 001
- Assessor Parcel Number 0322100905 001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 23, 2024
Closed on
Jul 26, 2024
Sold by
Ward Carrie M and Bierman Howard N
Bought by
Lot Of Cherry Llc
Seller's Agent
Charles Billig
A.J. Billig & Company
Buyer's Agent
Matthew Mindel
Compass
List Price
$350,000
Sold Price
$735,000
Premium/Discount to List
$385,000
110%
Views
118
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$345,800
Original Mortgage
$851,250
Interest Rate
6.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 10, 2019
Sold by
124 South Broadway Street Llc
Bought by
1 East Montgomery Street Llc
Purchase Details
Closed on
Apr 11, 2019
Sold by
Chesapeake Holdings East Llc
Bought by
3200 Lily Street Llc
Purchase Details
Closed on
Jun 28, 2007
Sold by
Scarborough Ashey
Bought by
1 E Montgomery Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$694,000
Interest Rate
6.54%
Mortgage Type
Commercial
Similar Homes in Baltimore, MD
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $735,000 | New World Title | |
| Assignment Deed | -- | None Available | |
| Special Warranty Deed | $325,000 | None Available | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $851,250 | New Conventional | |
| Previous Owner | $1,080,000 | New Conventional | |
| Previous Owner | $491,000 | No Value Available | |
| Previous Owner | $694,000 | Commercial | |
| Previous Owner | $63,000 | Unknown | |
| Previous Owner | $235,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2024 07/26/24 | Sold | $735,000 | 0.0% | $165 / Sq Ft |
| 07/26/2024 07/26/24 | Sold | $735,000 | +110.0% | $165 / Sq Ft |
| 05/22/2024 05/22/24 | Pending | -- | -- | -- |
| 05/22/2024 05/22/24 | Pending | -- | -- | -- |
| 04/23/2024 04/23/24 | For Sale | $350,000 | 0.0% | $79 / Sq Ft |
| 04/23/2024 04/23/24 | For Sale | $350,000 | -- | $79 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $11,133 | $441,000 | $160,500 | $280,500 |
| 2024 | $11,133 | $474,000 | $160,500 | $313,500 |
| 2023 | $14,266 | $604,500 | $160,500 | $444,000 |
| 2022 | $9,396 | $398,133 | $0 | $0 |
| 2021 | $9,300 | $394,067 | $0 | $0 |
| 2020 | $9,204 | $390,000 | $160,500 | $229,500 |
| 2019 | $20,059 | $854,033 | $0 | $0 |
| 2018 | $20,076 | $850,667 | $0 | $0 |
| 2017 | $19,996 | $847,300 | $0 | $0 |
| 2016 | $13,729 | $733,700 | $0 | $0 |
| 2015 | $13,729 | $620,100 | $0 | $0 |
| 2014 | $13,729 | $506,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Charles Billig
Seller's Agent in 2024
Charles Billig
A.J. Billig & Company
(410) 296-8440
6 in this area
551 Total Sales
-
Luis Arrazola
Seller Co-Listing Agent in 2024
Luis Arrazola
A.J. Billig & Company
(410) 296-8441
6 in this area
411 Total Sales
-
Matthew Mindel
Buyer's Agent in 2024
Matthew Mindel
Compass
(410) 428-6138
50 in this area
166 Total Sales
Map
Source: Bright MLS
MLS Number: MDBA2122698
APN: 0905-001
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