NOT LISTED FOR SALE

Estimated Value: $227,883 - $247,000

-- Bed
2 Baths
1,452 Sq Ft
$164/Sq Ft Est. Value

Last Sold March 09, 2021

Last sale price $174,990 $121 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,593/month

Highlights

  • Wood Flooring
  • No HOA
  • Stainless Steel Appliances
  • Attic
  • Upgraded Countertops
  • 4-minute walk to Chinquapin Run Park

About This Home

As of March 2021

Coming Soon! Great Stable Cash Flowing Investment Opportunity! Recently renovated and upgraded 2 unit. Two (2) - 2 bed 1 bath units. Fully leased with $21,540 in gross scheduled annual rental income. Both tenants are leased with Section-8 vouchers and 100% collections rate! New Roof and gutters installed in 2020. New HVACs installed in 2020 and 2019. New condenser units installed in 2020 for central air. New water heater installed in 2020. New sump pump installed in 2020. New shared washer & dryer installed in 2020 in basement. Upgraded electrical panels in 2020. All work permitted and approved. Owner pays water. Separately metered electric (tenant paid). Storage in basement for tenants. Unit 1 - Recently renovated kitchen and bathroom with granite countertops, stainless steel appliances, new cabinets, new vinyl flooring in kitchen and bathroom with hardwood flooring. Unit 1 is currently leased for $1,075 - 100% paid by section-8. Unit 2 - Legacy tenant for over 10+ years. Currently leased for $720. Section-8 pays $563 and tenant pays $157.

Last Agent to Sell the Property

Yannik Cudjoe-Virgil

(202) 838-7596 soldbyyannik@gmail.com Bennett Realty Solutions Listed on: 01/30/2021

Bennett Realty Solutions

Last Buyer's Agent

Miguel Avila

(571) 233-0581 miguel@miguelavila.com EXP Realty, LLC License #0225086309

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,333

Year Built

  • Built in 1949

Lot Details

  • 3,249 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Dwelling with Rental
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Skylights
  • Wood Flooring
  • Attic
  • Unfinished Basement

Kitchen

  • Gas Oven or Range
  • Microwave
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Laundry

  • Washer
  • Gas Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 154
  • Assessor Parcel Number 0327565138A154

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Glen Oaks Subdivision

Building Details

  • Income includes apartment rentals
  • Gross Income $21,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,333

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Dwelling With Rental
  • Ownership: Fee Simple
  • Inclusions: As-Is
  • New Construction: No
  • Expected On Market: 2/1/2021 12:00:00 AM
  • Year Built: 1949
  • Remarks Public: Coming Soon! Great Stable Cash Flowing Investment Opportunity! Recently renovated and upgraded 2 unit. Two (2) - 2 bed 1 bath units. Fully leased with $21,540 in gross scheduled annual rental income. Both tenants are leased with Section-8 vouchers and 100% collections rate! New Roof and gutters installed in 2020. New HVACs installed in 2020 and 2019. New condenser units installed in 2020 for central air. New water heater installed in 2020. New sump pump installed in 2020. New shared washer & dryer installed in 2020 in basement. Upgraded electrical panels in 2020. All work permitted and approved. Owner pays water. Separately metered electric (tenant paid). Storage in basement for tenants. Unit 1 - Recently renovated kitchen and bathroom with granite countertops, stainless steel appliances, new cabinets, new vinyl flooring in kitchen and bathroom with hardwood flooring. Unit 1 is currently leased for $1,075 - 100% paid by section-8. Unit 2 - Legacy tenant for over 10+ years. Currently leased for $720. Section-8 pays $563 and tenant pays $157.
  • Special Features: None

Interior Features

  • Appliances: Dryer - Gas, Energy Star Dishwasher, Microwave, Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Interior Amenities: Wood Floors, Upgraded Countertops, Attic, Ceiling Fan(s), Skylight(s)
  • Room Count: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2178
  • Living Area Sq Ft: 1452
  • Price Per Sq Ft: 120.52
  • Above Grade Finished Sq Ft: 1452
  • Below Grade Sq Ft: 726
  • Total Below Grade Sq Ft: 726
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1107

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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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

Lot Info

  • Land Use Code: 003
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3249.00
  • Year Assessed: 2021
  • Zoning: R-5
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Gross
  • Ground Rent Exists: No
  • Owner Pays: Water
  • Total Actual Rent: 21540.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3333.00
  • Assessor Parcel Number: 0327565138A154
  • Tax Lot: 154
  • Tax Total Finished Sq Ft: 1752
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 03/09/2021

Multi Family

  • Gross Scheduled Income: 21540.00
  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2021
Closed on
Mar 9, 2021
Sold by
Gleneagle Partners Ii Llc
Bought by
Orah Patrick and Orah Tasha
Seller's Agent
Yannik Cudjoe-Virgil
Bennett Realty Solutions
Buyer's Agent
Miguel Avila
EXP Realty, LLC
Sold Price
$174,990
Current Estimated Value
$237,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,452
Avg. Annual Appreciation
7.71%
Original Mortgage
$131,242
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2020
Closed on
Jun 26, 2020
Sold by
Stebbing Susan E
Bought by
Gleneagle Partners Ii Llc
Seller's Agent
Sarah Reynolds
Keller Williams Realty
Buyer's Agent
Yannik Cudjoe-Virgil
Bennett Realty Solutions
List Price
$130,000
Sold Price
$107,000
Premium/Discount to List
-$23,000
-17.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
101.92%
Original Mortgage
$112,200
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2007
Sold by
Zion Investment Group Llc
Bought by
Stebbing Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
6.21%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 27, 2007
Sold by
Zion Investment Group Llc
Bought by
Stebbing Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
6.21%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 24, 2007
Sold by
Glover David D
Bought by
Zion Investment Group Llc

Purchase Details

Closed on
Sep 6, 2006
Sold by
Glover David D
Bought by
Zion Investment Group Llc

Purchase Details

Closed on
Jun 17, 2004
Sold by
Henninger Robert J
Bought by
Glover David D
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
Orah Patrick $174,990 Sage Title Group Llc
Gleneagle Partners Ii Llc $107,000 Eagle Premier Ttl Group Llc
Stebbing Susan E $150,000 --
Stebbing Susan E $150,000 --
Zion Investment Group Llc -- --
Zion Investment Group Llc -- --
Glover David D $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orah Patrick $131,242
Previous Owner Gleneagle Partners Ii Llc $112,200
Previous Owner Stebbing Susan E $22,500
Previous Owner Stebbing Susan E $112,500
Previous Owner Stebbing Susan E $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2021 03/09/21 Sold $174,990 0.0% $121 / Sq Ft
01/30/2021 01/30/21 Off Market $174,990 -- --
06/26/2020 06/26/20 Sold $107,000 -17.7% $61 / Sq Ft
03/24/2020 03/24/20 For Sale $130,000 +21.5% $74 / Sq Ft
03/11/2020 03/11/20 Off Market $107,000 -- --
03/11/2020 03/11/20 For Sale $130,000 -- $74 / 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 $4,063 $186,800 -- --
2024 $4,063 $173,000 $30,000 $143,000
2023 $3,846 $163,767 $0 $0
2022 $3,647 $154,533 $0 $0
2021 $3,429 $145,300 $30,000 $115,300
2020 $3,334 $141,267 $0 $0
2019 $3,223 $137,233 $0 $0
2018 $3,144 $133,200 $30,000 $103,200
2017 $3,076 $130,333 $0 $0
2016 $3,021 $127,467 $0 $0
2015 $3,021 $124,600 $0 $0
2014 $3,021 $124,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA538038

Bright MLS

APN: 5138A-154