Seller's Agent in 2024
Gina Gargeu
Century 21 Downtown
(410) 929-1271
35 in this area
727 Total Sales
1106 Hollins St Baltimore, MD 21223
Hollins Market NeighborhoodEstimated Value: $236,052
--
Bed
--
Bath
1,605
Sq Ft
$147/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Paneling
- Forced Air Heating and Cooling System
- Main Floor Bedroom
- Tile or Brick Flooring
About This Home
As of October 2024Prime Investment Opportunity in Vibrant Hollins Market! Welcome to a charming 3-unit property situated in the heart of Baltimore’s rapidly revitalizing Hollins Market neighborhood. This unique property comprises a cozy efficiency apartment and a spacious 2-bedroom, 1-bathroom unit, with a commercial space currently operating as an art gallery. The commercial space already generating rental income, and the efficiency apartment and 2-bedroom apartment are equipped with a recent housing inspection and almost rental ready. This is a great opportunity for both investors or savvy owner occupant buyers!
Located directly across from the soon-to-reopen Hollins Market, which is undergoing a major renovation set to conclude in just a few weeks, this property offers prime access to the renewed energy and business activity in the area. The neighborhood is experiencing significant growth with a surge of new businesses, eateries, and cultural attractions, making it an up-and-coming hotspot.
This investment promises not only immediate income but also long-term value as the area continues to develop. The commercial space is versatile, ideal for various business ventures or to continue its current use as an art gallery, benefitting from high visibility and foot traffic. Embrace the blend of historic charm and modern convenience in a community poised for transformation and seize the opportunity while property prices remain reasonable. Don’t miss out—contact us today to explore the potential of this dynamic property in Hollins Market!
Last Agent to Sell the Property
(410) 929-1271 Gina@C21DT.com Century 21 Downtown Listed on: 06/19/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,978
Year Built
- Built in 1880
Lot Details
- 661 Sq Ft Lot
- Ground Rent of $75 per year
Parking
- On-Street Parking
Home Design
- Triplex
- Colonial Architecture
- Studio
- Brick Exterior Construction
- Plaster Walls
Interior Spaces
- Main Floor Bedroom
- 1,605 Sq Ft Home
- Paneling
- Stove
Flooring
- Carpet
- Tile or Brick
- Luxury Vinyl Plank Tile
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- The owner pays for advertising/licenses and permits, common area maintenance, insurance, lawn/shrub care, management, repairs, real estate taxes
- Tax Lot 049
- Assessor Parcel Number 0318060217 049
Community Details
Overview
- 3 Units
- Hollins Market Subdivision
Building Details
- 1 Vacant Unit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 19, 2024
Closed on
Oct 9, 2024
Sold by
Hollins Carrollton Llc
Bought by
Figures Lara
Seller's Agent
Gina Gargeu
Century 21 Downtown
Buyer's Agent
Chris Kouimanis
Century 21 Downtown
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%
Views
57
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
$6,052
Avg. Annual Appreciation
2.28%
Original Mortgage
$225,834
Interest Rate
6.87%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 3, 2008
Sold by
Floripa Llc
Bought by
Collins James Edward
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Figures Lara | $230,000 | Turnkey Title | |
| Figures Lara | $230,000 | Turnkey Title | |
| Collins James Edward | $28,100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Figures Lara | $225,834 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/10/2024 10/10/24 | Sold | $230,000 | -4.1% | $143 / Sq Ft |
| 08/23/2024 08/23/24 | Pending | -- | -- | -- |
| 06/19/2024 06/19/24 | For Sale | $239,900 | -- | $149 / 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 | $3,028 | $131,667 | -- | -- |
| 2024 | $3,028 | $128,933 | $0 | $0 |
| 2023 | $2,978 | $126,200 | $7,900 | $118,300 |
| 2022 | $2,978 | $126,200 | $7,900 | $118,300 |
| 2021 | $6,809 | $288,500 | $7,900 | $280,600 |
| 2020 | $6,809 | $288,500 | $7,900 | $280,600 |
| 2019 | $1,657 | $70,533 | $0 | $0 |
| 2018 | $1,354 | $57,367 | $0 | $0 |
| 2017 | $1,043 | $44,200 | $0 | $0 |
| 2016 | $1,355 | $43,200 | $0 | $0 |
| 2015 | $1,355 | $42,200 | $0 | $0 |
| 2014 | $1,355 | $41,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Gina Gargeu
-
Chris Kouimanis
Buyer's Agent in 2024
Chris Kouimanis
Century 21 Downtown
(443) 904-5564
10 in this area
39 Total Sales
Map
Source: Bright MLS
MLS Number: MDBA2129466
APN: 0217-049
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