NOT LISTED FOR SALE

Estimated Value: $156,000 - $171,000

-- Bed
-- Bath
-- Sq Ft
1920 Built

Last Sold July 29, 2024

Last sale price $160,000

Est. 2% increase in value since last sale

Current estimated payment $1,037/month

79 Days on Market

Highlights

  • Colonial Architecture
  • Heating Available
  • 3-minute walk to Greater Model Park

About This Home

As of July 2024

Rarely avaiable a potential real estate investment opportunity with a 2-unit apartment building near the University of Maryland Hospital, Hollins Market, and Lexington Market. Each apartment has 2 bedrooms and 1 bath

Location:

Proximity to the University of Maryland Hospital can be a significant advantage, as it may attract potential tenants, especially students, faculty, or healthcare professionals.
Consider the neighborhood's overall safety, amenities, and future development plans.

Property Features:

The fact that each tenant pays their own gas and electric bills is a positive aspect as it can reduce the landlord's utility expenses.
The property, including a fire escapes and the fenced backyard. Ensure the property complies with safety regulations. Being sold as is

Last Agent to Sell the Property

Marty Saunders

Advance Realty, Inc. Listed on: 12/20/2023

Last Buyer's Agent

Kaylah Squire

VYBE Realty

VYBE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $944

Year Built

  • Built in 1920

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Utilities

  • Heating Available

Listing and Financial Details

  • Tax Lot 037
  • Assessor Parcel Number 0318040185 037

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$944

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Rarely avaiable a potential real estate investment opportunity with a 2-unit apartment building near the University of Maryland Hospital, Hollins Market, and Lexington Market. Each apartment has 2 bedrooms and 1 bath Location: Proximity to the University of Maryland Hospital can be a significant advantage, as it may attract potential tenants, especially students, faculty, or healthcare professionals. Consider the neighborhood's overall safety, amenities, and future development plans. Property Features: The fact that each tenant pays their own gas and electric bills is a positive aspect as it can reduce the landlord's utility expenses. The property, including a fire escapes and the fenced backyard. Ensure the property complies with safety regulations. Being sold as is
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1072

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

Schools

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

Lot Info

  • Land Use Code: R
  • Lot Size Units: Square Feet
  • Year Assessed: 2023
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 944.00
  • Assessor Parcel Number: 0318040185 037
  • Tax Lot: 037
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 07/29/2024

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Apr 22, 2022
Sold by
Central 98 Llc
Bought by
226 West Richmond Llc
Seller's Agent
Jared Block
Alex Cooper Auctioneers, Inc.
Buyer's Agent
kyra szanto
Compass
List Price
$50,000
Sold Price
$166,420
Premium/Discount to List
$116,420
232.84%
Current Estimated Value
$163,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,920
Avg. Annual Appreciation
-0.54%
Original Mortgage
$133,000
Interest Rate
4.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
226 West Richmond Llc $166,420 Eagle Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 226 West Richmond Llc $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $160,000 -36.0% --
03/08/2024 03/08/24 Pending -- -- --
12/20/2023 12/20/23 Price Changed $250,000 +25.6% --
12/20/2023 12/20/23 For Sale $199,000 +19.6% --
04/22/2022 04/22/22 Sold $166,420 +232.8% --
02/10/2022 02/10/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $50,000 -- --
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 $1,605 $96,667 -- --
2024 $1,605 $68,333 $0 $0
2023 $944 $40,000 $9,000 $31,000
2022 $857 $36,333 $0 $0
2021 $771 $32,667 $0 $0
2020 $684 $29,000 $7,000 $22,000
2019 $572 $24,333 $0 $0
2018 $464 $19,667 $0 $0
2017 $354 $15,000 $0 $0
2016 $711 $15,000 $0 $0
2015 $711 $23,333 $0 $0
2014 $711 $30,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2106644

Bright MLS

APN: 0185-037