NOT LISTED FOR SALE

Estimated Value: $182,000 - $264,324

5 Beds
3 Baths
1,946 Sq Ft
$115/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $160,000 $82 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,463/month

4 Days on Market

Highlights

  • Second Kitchen
  • Open Floorplan
  • Wooded Lot
  • View of Trees or Woods
  • Federal Architecture
  • 4-minute walk to Chinquapin Run Park

About This Home

As of February 2024

**MULTIPLE OFFERS RECEIVED. OFFER DEADLINE 1/8 AT 4:00 PM.** Incredible opportunity to transform a 2-unit home in the Idlewood neighborhood. Located on a well-maintained street, 1108 Meridene Dr is truly a diamond in the rough! Create an income-producing rental property commanding an estimated $2,450 PER MONTH, or live in one unit while using the income from the second unit to defray your mortgage costs. The renovation here has already been started. With your vision and expertise, this home can meet its maximum potential. UNIT 1 encompasses the entire main level and lower level. The main level features a spacious living room, sizable kitchen, full bathroom, and two bedrooms each boasting an abundance of natural light, hardwood floors, and crown moldings. The lower level hosts a large bonus room, third bedroom, additional full bathroom, laundry, and direct access to the large fenced rear yard. Estimated rent post-renovation is $1,350. UNIT 2 is situated on the second level and flaunts a cozy living room, kitchen with upper cabinets already installed, full bathroom, laundry, and two bedrooms each benefiting from natural light, hardwood floors, and crown moldings. Estimated rent post-renovation is $1,100 (see 6127 Chinquapin Pkwy #1 that rented for $1,100 on 10/21/2023). Post-renovation ARV estimated at $246,000+ (see the 2-unit at 1002 Dartmouth Rd that sold for $246,000 on 9/1/2023). This home previously earned a Lead Free Lead Certificate. Add parking in the back to increase the value! Enjoy the current low property tax assessment! If you're a savvy investor or someone with a keen eye for potential, 1108 Meridene Dr is a prime opportunity that you won't want to miss! Schedule a showing today! BGE is off at the property and will not be restored by Seller.

Last Agent to Sell the Property

Jamie Koehler

Cummings & Co. Realtors Listed on: 01/05/2024

Cummings & Co. Realtors

Last Buyer's Agent

Rebecca Winslow

Compass License #5006412

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,203

Year Built

  • Built in 1948

Lot Details

  • South Facing Home
  • Chain Link Fence
  • Interior Lot
  • Wooded Lot
  • Back Yard Fenced, Front and Side Yard
  • Ground Rent of $120 semi-annually

Home Design

  • Federal Architecture
  • Fixer Upper
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Six Panel Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Bonus Room
  • Views of Woods
  • Second Kitchen

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • Bathtub with Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Space For Rooms
  • Laundry in Basement
  • Basement Windows

Parking

  • Lighted Parking
  • On-Street Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Idlewood Subdivision

Listing and Financial Details

  • Tax Lot 169
  • Assessor Parcel Number 0327575137E169

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,203

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Ground Rent
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1948
  • Automatically Close On Close Date: No
  • Remarks Public: **MULTIPLE OFFERS RECEIVED. OFFER DEADLINE 1/8 AT 4:00 PM.** Incredible opportunity to transform a 2-unit home in the Idlewood neighborhood. Located on a well-maintained street, 1108 Meridene Dr is truly a diamond in the rough! Create an income-producing rental property commanding an estimated $2,450 PER MONTH, or live in one unit while using the income from the second unit to defray your mortgage costs. The renovation here has already been started. With your vision and expertise, this home can meet its maximum potential. UNIT 1 encompasses the entire main level and lower level. The main level features a spacious living room, sizable kitchen, full bathroom, and two bedrooms each boasting an abundance of natural light, hardwood floors, and crown moldings. The lower level hosts a large bonus room, third bedroom, additional full bathroom, laundry, and direct access to the large fenced rear yard. Estimated rent post-renovation is $1,350. UNIT 2 is situated on the second level and flaunts a cozy living room, kitchen with upper cabinets already installed, full bathroom, laundry, and two bedrooms each benefiting from natural light, hardwood floors, and crown moldings. Estimated rent post-renovation is $1,100 (see 6127 Chinquapin Pkwy #1 that rented for $1,100 on 10/21/2023). Post-renovation ARV estimated at $246,000+ (see the 2-unit at 1002 Dartmouth Rd that sold for $246,000 on 9/1/2023). This home previously earned a Lead Free Lead Certificate. Add parking in the back to increase the value! Enjoy the current low property tax assessment! If you're a savvy investor or someone with a keen eye for potential, 1108 Meridene Dr is a prime opportunity that you won't want to miss! Schedule a showing today! BGE is off at the property and will not be restored by Seller.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Hardwood, Tile/Brick, Wood
  • Interior Amenities: 2nd Kitchen, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Recessed Lighting, Bathroom - Tub Shower, Wood Floors
  • Fireplace: No
  • Door Features: Six Panel
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Living Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3, Bonus Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Full, Interior Access, Outside Entrance, Partially Finished, Rear Entrance, Space For Rooms, Windows
  • Laundry Type: Basement, Has Laundry
  • Total Sq Ft: 2244
  • Living Area Sq Ft: 1946
  • Price Per Sq Ft: 106.95
  • Above Grade Finished Sq Ft: 1496
  • Below Grade Finished Sq Ft: 450
  • Below Grade Sq Ft: 298
  • Total Below Grade Sq Ft: 748
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1108

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front, Concrete
  • Exterior Features: Exterior Lighting, Gutter System, Sidewalks, Street Lights
  • View: Street, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Lighted Parking
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • 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

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

Schools

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

Lot Info

  • Fencing: Chain Link, Partially, Rear
  • Land Use Code: R
  • Lot Features: Front Yard, Interior, Rear Yard, Sideyard(s), Trees/Wooded, Corner
  • Lot Size Units: Square Feet
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2023
  • Zoning: R-5
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 120.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Semi-Annually
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3203.00
  • Assessor Parcel Number: 0327575137E169
  • Tax Lot: 169
  • Tax Total Finished Sq Ft: 1946
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 02/09/2024

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Feb 9, 2024
Sold by
Pacc Investments Llc
Bought by
Winslow Rebecca and Hall Nicola
Seller's Agent
Jamie Koehler
Cummings & Co. Realtors
Buyer's Agent
Rebecca Winslow
Compass
List Price
$150,000
Sold Price
$160,000
Premium/Discount to List
$10,000
6.67%
Views
72
Current Estimated Value
$216,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,705
Avg. Annual Appreciation
24.83%

Purchase Details

Closed on
Apr 10, 2013
Sold by
Faison Shirodk D
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 5, 2006
Sold by
Bel&Park Llc
Bought by
Faison Shirodk D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,465
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2006
Sold by
Bel&Park Llc
Bought by
Faison Shirodk D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,465
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2006
Sold by
Freeze Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,465
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2006
Sold by
Freeze Robert F
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
Winslow Rebecca $160,000 Broadview Title
Wells Fargo Bank Na $125,803 None Available
Faison Shirodk D $148,295 --
Faison Shirodk D $148,295 --
-- $82,500 --
-- $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faison Shirodk D $133,465
Previous Owner Faison Shirodk D $133,465
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $160,000 0.0% $82 / Sq Ft
01/10/2024 01/10/24 Price Changed $160,000 +6.7% $82 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $150,000 +105.5% $77 / Sq Ft
03/17/2014 03/17/14 Sold $73,000 0.0% $49 / Sq Ft
02/25/2014 02/25/14 Pending -- -- --
02/20/2014 02/20/14 Off Market $73,000 -- --
01/13/2014 01/13/14 For Sale $89,900 -- $60 / 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 $3,316 $143,867 -- --
2024 $3,316 $141,200 $30,000 $111,200
2023 $3,187 $135,700 $0 $0
2022 $3,073 $130,200 $0 $0
2021 $2,943 $124,700 $30,000 $94,700
2020 $2,943 $124,700 $30,000 $94,700
2019 $2,929 $124,700 $30,000 $94,700
2018 $3,059 $129,600 $30,000 $99,600
2017 $2,936 $124,400 $0 $0
2016 $3,523 $119,200 $0 $0
2015 $3,523 $114,000 $0 $0
2014 $3,523 $114,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2109846

Bright MLS

APN: 5137E-169