NOT LISTED FOR SALE

Estimated Value: $383,463

-- Bed
-- Bath
3,376 Sq Ft
$114/Sq Ft Est. Value

Last Sold December 23, 2024

Last sale price $375,000 $111 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,433/month

32 Days on Market

About This Home

As of December 2024

Discover the potential of this property, located directly across from the renovated Hollins Market. The main level is commercial space, currently rented to a thriving restaurant for $1,850 per month. The upper level offers two one-bedroom apartments and a full bath that need to be completed. They are currently framed, with some work already done. Once finished, rents are estimated to be $1,200–$1,500 per month. This property is in an area undergoing significant rejuvenation, attracting new businesses and residents alike, ensuring your investment will benefit from the revitalization. Don't miss this wonderful opportunity!

Last Agent to Sell the Property

Gina Gargeu

Century 21 Downtown Listed on: 10/04/2024

Century 21 Downtown

Co-Listed By

Chris Kouimanis

Century 21 Downtown

Last Buyer's Agent

Sean Robinson

Fairfax Realty Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,720

Year Built

  • Built in 1890

Lot Details

  • 2,025 Sq Ft Lot
  • Ground Rent of $35 per year

Parking

  • On-Street Parking

Home Design

  • Brick Front

Interior Spaces

  • 3,376 Sq Ft Home
  • Crawl Space

Utilities

  • Heating Available
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • Hollins Market Subdivision

Listing and Financial Details

  • Tax Lot 044
  • Assessor Parcel Number 0318060217 044

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,720

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Ground Rent
  • New Construction: No
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Remarks Public: Discover the potential of this property, located directly across from the renovated Hollins Market. The main level is commercial space, currently rented to a thriving restaurant for $1,850 per month. The upper level offers two one-bedroom apartments and a full bath that need to be completed. They are currently framed, with some work already done. Once finished, rents are estimated to be $1,200–$1,500 per month. This property is in an area undergoing significant rejuvenation, attracting new businesses and residents alike, ensuring your investment will benefit from the revitalization. Don't miss this wonderful opportunity!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: No
  • Total Sq Ft: 3376
  • Living Area Sq Ft: 3376
  • Price Per Sq Ft: 111.08
  • Above Grade Finished Sq Ft: 3376
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1114-1116

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Brick Front
  • 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
  • Hot Water: Natural Gas
  • 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: C
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2025.00
  • Year Assessed: 2024
  • Zoning: C-1
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 35.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3720.00
  • Assessor Parcel Number: 0318060217 044
  • Tax Lot: 044
  • Tax Total Finished Sq Ft: 3376
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 12/23/2024

Multi Family

  • Income Expense List: Annual Ground Rent
  • Single Room Units Count: 2

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Dec 23, 2024
Sold by
Carlton Investments Llc
Bought by
Capitol Area Services Inc
Seller's Agent
Gina Gargeu
Century 21 Downtown
Buyer's Agent
Sean Robinson
Fairfax Realty Premier
List Price
$375,000
Sold Price
$375,000
Views
46
Current Estimated Value
$383,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,463
Avg. Annual Appreciation
4.07%

Purchase Details

Closed on
Jun 14, 2016
Sold by
Floripa Llc
Bought by
Carlton Investments 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
Capitol Area Services Inc $375,000 Commonwealth Land Title
Capitol Area Services Inc $375,000 Commonwealth Land Title
Carlton Investments Llc $482,000 Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Sold $375,000 0.0% $111 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $375,000 -- $111 / 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 $3,702 $191,767 -- --
2024 $3,702 $157,633 $0 $0
2023 $2,901 $123,500 $24,300 $99,200
2022 $2,915 $123,500 $24,300 $99,200
2021 $5,021 $212,733 $0 $0
2020 $4,696 $199,000 $24,300 $174,700
2019 $4,614 $196,433 $0 $0
2018 $4,575 $193,867 $0 $0
2017 $3,442 $191,300 $0 $0
2016 -- $191,300 $0 $0
2015 $1,912 $191,300 $0 $0
2014 $1,912 $193,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2141804

Bright MLS

APN: 0217-044