NOT LISTED FOR SALE

1053 Desoto Rd Baltimore, MD 21223

Estimated Value: $123,000 - $126,445

-- Bed
2 Baths
1,216 Sq Ft
$103/Sq Ft Est. Value

Last Sold July 25, 2019

Last sale price $79,275 $65 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $847/month

Highlights

  • No HOA
  • Porch
  • Heating Available

About This Home

As of July 2019

REAL ESTATE AUCTION ON SITE THURSDAY, JUNE 13, 2019 AT 11:00 AM. List price is suggested opening bid only. $5,000 cashier's check deposit required to bid. 2 unit home - 1st floor rented for $700/month. 2nd floor is vacant. Please contact listing broker's office for full terms, bidder pre-registration form and property details.

Last Agent to Sell the Property

Luis Arrazola

(410) 296-8441 luis@ajbillig.com A.J. Billig & Company License #676566 Listed on: 05/09/2019

Last Buyer's Agent

Luis Arrazola

(410) 296-8441 luis@ajbillig.com A.J. Billig & Company License #676566 Listed on: 05/09/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,762

Year Built

  • Built in 1942

Lot Details

  • 3,538 Sq Ft Lot
  • Ground Rent of $96 semi-annually

Parking

  • On-Street Parking

Home Design

  • 1,216 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Additional Features

  • Porch
  • Heating Available
  • Basement

Listing and Financial Details

  • Tax Lot 048Q
  • Assessor Parcel Number 0325027772 048Q

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Wilhelm Park Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,762

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Ownership: Ground Rent
  • New Construction: No
  • Year Built: 1942
  • Remarks Public: REAL ESTATE AUCTION ON SITE THURSDAY, JUNE 13, 2019 AT 11:00 AM. List price is suggested opening bid only. $5,000 cashier's check deposit required to bid. 2 unit home - 1st floor rented for $700/month. 2nd floor is vacant. Please contact listing broker's office for full terms, bidder pre-registration form and property details.
  • Special Features: Auction

Interior Features

  • Basement: Yes
  • Total Sq Ft: 1216
  • Living Area Sq Ft: 1216
  • Price Per Sq Ft: 28.78
  • Above Grade Finished Sq Ft: 1216
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1053

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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 59700.00
  • Land Assessed Value: 15000.00
  • Land Use Code: 003
  • Lot Size Acres: 0.08
  • Lot Dimensions: 29'10" x 122'6"
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3538.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2019
  • Zoning: R-6
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Amt: 96.00
  • Ground Rent Pymnt Freq: Semi-Annually
  • Number Of Units Month To Month: 1
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13034954
  • Tax Annual Amount: 1762.00
  • Assessor Parcel Number: 0325027772 048Q
  • Tax Lot: 048Q
  • Tax Total Finished Sq Ft: 1216
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 07/25/2019

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2019
Closed on
Jul 25, 2019
Sold by
Dominion Properties Llc
Bought by
Firefly Investments Llc
Seller's Agent
Luis Arrazola
A.J. Billig & Company
Buyer's Agent
Luis Arrazola
A.J. Billig & Company
List Price
$35,000
Sold Price
$79,275
Premium/Discount to List
$44,275
126.5%
Current Estimated Value
$124,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,448
Avg. Annual Appreciation
7.53%
Original Mortgage
$108,000
Outstanding Balance
$94,383
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$30,340

Purchase Details

Closed on
Apr 18, 2019
Sold by
Chase Edmund R
Bought by
Dominion Properties Llc

Purchase Details

Closed on
Nov 15, 2004
Sold by
Williss Jack K
Bought by
Chase Edmund R
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Firefly Investments Llc $158,550 Armour Settlement Svcs Llc
Dominion Properties Llc $140,000 Armour Settlement Svcs Llc
Chase Edmund R $59,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Firefly Investments Llc $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2019 07/25/19 Sold $79,275 +126.5% $65 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $35,000 -- $29 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $2,238 $102,933 -- --
2024 $2,238 $95,267 $0 $0
2023 $2,058 $87,600 $15,000 $72,600
2022 $1,874 $79,400 $0 $0
2021 $1,680 $71,200 $0 $0
2020 $1,763 $74,700 $15,000 $59,700
2019 $1,755 $74,700 $15,000 $59,700
2018 $1,763 $74,700 $15,000 $59,700
2017 $3,403 $144,200 $0 $0
2016 $3,060 $126,100 $0 $0
2015 $3,060 $108,000 $0 $0
2014 $3,060 $89,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA467908

Bright MLS

APN: 7772-048Q