NOT LISTED FOR SALE

1101 Gorsuch Ave Baltimore, MD 21218

Ednor Gardens-Lakeside Neighborhood

Estimated Value: $253,000 - $299,160

4 Beds
2 Baths
2,390 Sq Ft
$116/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $160,000 $67 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,801/month

Highlights

  • City View
  • Traditional Architecture
  • No HOA
  • Traditional Floor Plan
  • Wood Flooring
  • 3-minute walk to Waverly Park

About This Home

As of April 2017

Monthly Residual Cash Flow..Great Multifamily Property that is well maintained and updated. Two Units, each unit offers 2 bedrooms & 2 baths. The property is currently 100% occupied..Cap Rate is 10.90%. Gross Rent Multiplier 6.67%.Inquire for Income and Operating expense report

Last Agent to Sell the Property

Kent Blake

EXP Realty, LLC Listed on: 02/08/2017

EXP Realty, LLC

Last Buyer's Agent

Rashaan Jennings

RE/MAX Leading Edge License #MD524400

RE/MAX Leading Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,882

Year Built

  • Built in 1915

Lot Details

  • 4,356 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • City Views
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Abbottston Elementary School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Waverly Subdivision

Listing and Financial Details

  • Tax Lot 037
  • Assessor Parcel Number 0309024097 037

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,882

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1915
  • Remarks Public: Monthly Residual Cash Flow..Great Multifamily Property that is well maintained and updated. Two Units, each unit offers 2 bedrooms & 2 baths. The property is currently 100% occupied..Cap Rate is 10.90%. Gross Rent Multiplier 6.67%.Inquire for Income and Operating expense report
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Interior Amenities: Combination Kitchen/Dining, Wood Floors, Floor Plan - Traditional
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Brick/Mortar
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 1101

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • View: City
  • View: Yes
  • 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
  • Cooling Type: Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • Elementary School: ABBOTTSTON
  • School District Key: 121137830454
  • Elementary School: ABBOTTSTON

Lot Info

  • Improvement Assessed Value: 134500.00
  • Land Assessed Value: 30000.00
  • Lot Size Acres: 0.10
  • Lot Size Area: 4356
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Year Assessed: 2016
  • Zoning: 7
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 24000.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12934661
  • Tax Annual Amount: 3882.20
  • Assessor Parcel Number: 0309024097 037
  • Tax Lot: 037
  • Tax Total Finished Sq Ft: 2390
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 04/28/2017

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2017
Closed on
Apr 28, 2017
Sold by
Pilatus Opportunity Fund Llc
Bought by
Meadows Kapres
Seller's Agent
Kent Blake
EXP Realty, LLC
Buyer's Agent
Rashaan Jennings
RE/MAX Leading Edge
List Price
$155,000
Sold Price
$160,000
Premium/Discount to List
$5,000
3.23%
Current Estimated Value
$276,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,080
Avg. Annual Appreciation
6.74%
Original Mortgage
$112,500
Outstanding Balance
$93,660
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$182,943

Purchase Details

Closed on
Oct 12, 2010
Sold by
Sardelli Realty Llc
Bought by
Pilatus Opportunity Fund I Llc

Purchase Details

Closed on
Apr 28, 2010
Sold by
U S Bank Na
Bought by
Sardelli Realty Llc

Purchase Details

Closed on
Jul 25, 2006
Sold by
1101 Gorsuch Avenue Llc
Bought by
Tisdale Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,800
Interest Rate
6.59%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 6, 2005
Sold by
Coleman Mark
Bought by
1101 Gorsuch Avenue Llc
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
Meadows Kapres $150,000 Stewart Title Guaranty Co
Pilatus Opportunity Fund I Llc $45,000 --
Sardelli Realty Llc $45,000 --
U S Bank Na $166,000 --
Tisdale Linda $72,000 --
1101 Gorsuch Avenue Llc $38,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meadows Kapres $112,500
Previous Owner Pilatus Opportunity Fund I Llc $900,000
Previous Owner Tisdale Linda R $156,000
Previous Owner Tisdale Linda $43,800
Previous Owner Tisdale Linda $57,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $160,000 +3.2% $67 / Sq Ft
03/17/2017 03/17/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $155,000 -- $65 / 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 $3,958 $181,200 $30,000 $151,200
2024 $3,958 $168,533 $0 $0
2023 $3,678 $155,867 $0 $0
2022 $3,380 $143,200 $30,000 $113,200
2021 $3,380 $143,200 $30,000 $113,200
2020 $3,380 $143,200 $30,000 $113,200
2019 $3,864 $164,500 $30,000 $134,500
2018 $3,882 $164,500 $30,000 $134,500
2017 $3,882 $164,500 $0 $0
2016 $1,342 $164,500 $0 $0
2015 $1,342 $136,333 $0 $0
2014 $1,342 $108,167 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kent Blake

    Seller's Agent in 2017

    Kent Blake

    EXP Realty, LLC

    (443) 535-2083

    23 Total Sales

    Kent Blake
    Section Image
  • Rashaan Jennings

    Buyer's Agent in 2017

    Rashaan Jennings

    RE/MAX

    (301) 520-1494

    47 Total Sales

    Rashaan Jennings
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001163839

Bright MLS

APN: 4097-037

Maryland Baltimore City County Baltimore 21218 Ednor Gardens-Lakeside

1101 Gorsuch Ave, Baltimore, MD

This home is located at 1101 Gorsuch Ave, Baltimore, MD 21218 since 08 February 2017 and is currently estimated at $276,080, approximately $115 per square foot. This property was built in 1915. 1101 Gorsuch Ave is a home located in Baltimore City with nearby schools including Abbottston Elementary School, Booker T. Washington Middle School, and Paul Laurence Dunbar Community High School.

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