NOT LISTED FOR SALE

Estimated Value: $308,000 - $340,452

Studio
4 Baths
2,178 Sq Ft
$149/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2025

Last sale price $300,000 $138 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,254 / mo

137 Days on Market

Highlights

  • Window Unit Cooling System
  • Radiator
  • 5-minute walk to Margaret Brent Playground

About This Home

As of January 2025

Elevate your investment portfolio with these prime apartments located just three blocks from Johns Hopkins University Homewood Campus. With a high demand for rentals from students and faculty, this property offers an exceptional opportunity to upgrade the units and significantly increase rents. Situated in the desirable Charles Village, investors can benefit from long-term wealth growth and property appreciation. Don’t miss out on this lucrative chance to capitalize on a thriving rental market! Opportunity is calling for a new owner to upgrade apartments and increase rents at 1 West 27th Street. Located just three blocks from Johns Hopkins University Homewood Campus, enjoy the stable growth and property value appreciation guaranteed by this world-renowned institution. Each floor houses an apartment. Kitchens feature sturdy, easy-to-clean laminate counters, a mix of laminate and wood cabinets, and a mix of 30′′ electric and 20′′ gas ranges. Sunny, well-lit living spaces could benefit from upgrades such as kitchen and bathroom improvements, drywall ceilings, and new flooring and paint. Rents could be substantially increased, to match an uptick in apartment grade. Heat is provided through a gas-fired Weil-McLain steam boiler, with radiator distribution. A gas-fired 50-gallon GE water heater provides hot water to the units. 1 West 27th Street has one electric meter with 200-amp service, and one gas meter. Currently the landlord pays for electric, gas, and water/sewer. A savvy landlord could increase cash flow by passing these costs along to the tenants. Observable interior water supply pipes are copper, with a steel main. Drain lines are pvc. Vinyl replacement windows help to insulate the building and reduce utility costs. The roof is built-up. Tenants share a clothes washer/dryer in the basement. Tenants can walk to the Charles Village Shopping District, Johns Hopkins University Homewood Campus and Wyman Park, a 16-acre public park by the Baltimore Museum of art. Just one blocks east is the Hopkins Shuttle Stop, providing an easy commute to Hopkins’ other Baltimore campuses. 1 West 27th Street earns the designation “Walker’s Paradise” with a WalkScore of 92, a TransitScore of 76, and a BikeScore of 87. This block is served by the Charles Village Benefits District. This nonprofit organization helps keep the district clean, organizes security patrols, and hosts community events. Rents at time of Sale: Apartment 1 Vacant; Apartment 2 $820; Apartment 3 $750.

Last Agent to Sell the Property

Will Cannon

(410) 235-9500 info@benfrederick.com Ben Frederick Realty, Inc. Listed on: 07/22/2024

Last Buyer's Agent

Kenny Lin

(301) 445-1395 edgarruano@smartrealtymd.com Smart Realty, LLC License #679490

Smart Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,777

Year Built

  • Built in 1900

Lot Details

  • 1,200 Sq Ft Lot
  • Lot Dimensions are 15' x 80'

Home Design

  • Triplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Stone Foundation
  • Plaster Walls

Parking

  • 1 Parking Space
  • 1 Off-Street Space

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • Charles Village Subdivision

Listing and Financial Details

  • Tax Lot 022
  • Assessor Parcel Number 0312033637 022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,777

Year Built

Built in 1900

Lot Details

1,200 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Exclusions: tenants' possessions excluded
  • Inclusions: 3 gas ranges; 1 clothes washer & 1 clothes dryer
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Stone
  • Total Sq Ft: 2982
  • Living Area Sq Ft: 2178
  • Price Per Sq Ft: 151.06
  • Above Grade Finished Sq Ft: 2178
  • Below Grade Sq Ft: 804
  • Total Below Grade Sq Ft: 804
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 15' x 80'
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1200.00
  • Zoning: OR-2
  • Zoning Description: Licensed for 3 Dwelling Units.
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4777.00
  • Assessor Parcel Number: 0312033637 022
  • Tax Lot: 022
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2024
Closed on
Jan 30, 2025
Sold by
Bought by
Seller's Agent
Will Cannon
Ben Frederick Realty, Inc.
Buyer's Agent
Kenny Lin
Smart Realty, LLC
List Price
$329,000
Sold Price
$300,000
Premium/Discount to List
-$29,000
-8.81%
Views
106
Current Estimated Value
$344,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,047
Avg. Annual Appreciation
5.54%
Original Mortgage
$225,000
Interest Rate
0.0693%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2004
Sold by
Bought by

Purchase Details

Closed on
May 23, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$300,000 Armour Settlement Services
$175,000 --
$85,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $225,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/31/2025 01/31/25 Sold $300,000 -8.8% $138 / Sq Ft
12/06/2024 12/06/24 Pending -- -- --
12/03/2024 12/03/24 For Sale $329,000 0.0% $151 / Sq Ft
12/02/2024 12/02/24 Off Market $329,000 -- --
10/30/2024 10/30/24 Price Changed $329,000 -4.6% $151 / Sq Ft
07/22/2024 07/22/24 For Sale $345,000 -- $158 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,754 $213,900 $60,000 $153,900
2024 $4,754 $202,400 -- --
2023 $4,505 $190,900 $0 $0
2022 $4,234 $179,400 $60,000 $119,400
2021 $4,201 $178,000 $0 $0
2020 $4,168 $176,600 $0 $0
2019 $4,115 $175,200 $60,000 $115,200
2018 $4,135 $175,200 $60,000 $115,200
2017 $4,135 $175,200 $0 $0
2016 $4,287 $175,200 $0 $0
2015 $4,287 $175,200 $0 $0
2014 $4,287 $175,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2133466

Bright MLS

APN: 3637-022

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