Seller's Agent in 2024
Larry Cooper
Alex Cooper Auctioneers, Inc.
(410) 977-4708
2 in this area
486 Total Sales
1122 Gleneagle Rd Baltimore, MD 21239
Glen Oaks NeighborhoodEstimated Value: $262,995 - $280,000
Studio
2
Baths
1,796
Sq Ft
$151/Sq Ft
Est. Value
About This Home
As of December 2024List price is Online Only opening bid. Online Auction Only! Bidding begins Saturday, October 26th & ends Thursday, October 31, 2024 at 12:30 PM. A great rental income opportunity to purchase a fully occupied 2-Unit apartment building in the Glen Oaks neighborhood of Baltimore City. This brick-front building has 3 levels with unit 1 on the main level and unit 2 on the upper level. Both units have 2 bedrooms and 1 full bath. The lower level is unfinished and includes storage for each unit, the meters, and the mechanical systems for the property. There are separate gas & electric meters for each unit. Tenants pay BG&E, owner pays water. The property is limited lead free. Rent: Current Gross Monthly Rent of $2,624($31,488 annually). Unit 1 - $1,350/monthly rent. Unit 2 - $1,274/monthly rent. Section 8 currently pays $1,274, tenant pays $0.00. Per the seller: Each Unit has energy efficient appliances (stove, microwave, fridge and dishwasher), LVP flooring in the kitchen and bathroom, and recently refinished some wood flooring; newer roof installed; new central A/C systems for both units installed in 2022; new 100 AMP electrical panels for both units installed in 2022. Location: The property is located North Baltimore, in the Glen Oaks neighborhood. There is dining, shopping, schools, recreational facilities, hospital, and access to transportation routes including E. Northern Parkway, Loch Raven Blvd. & York Rd.
Last Agent to Sell the Property
(410) 977-4708 Larry@alexcooper.com Alex Cooper Auctioneers, Inc. Listed on: 10/25/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,596
Year Built
- Built in 1949
Lot Details
- 6,375 Sq Ft Lot
- Ground Rent of $120 semi-annually
Home Design
- Duplex
- Traditional Architecture
- Brick Exterior Construction
- Block Foundation
Parking
- On-Street Parking
- Off-Street Parking
Utilities
- 90% Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 179
- Assessor Parcel Number 0327565138A179
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2024
Closed on
Dec 31, 2024
Sold by
Eagle Landing East Llc
Bought by
Pradhan Nirnay and Bhandari Prabin
Seller's Agent
Larry Cooper
Alex Cooper Auctioneers, Inc.
Buyer's Agent
Prabin Bhandari
Keller Williams Gateway LLC
List Price
$125,000
Sold Price
$254,400
Premium/Discount to List
$129,400
103.52%
Views
15
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
$17,098
Avg. Annual Appreciation
6.52%
Original Mortgage
$190,800
Outstanding Balance
$189,452
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$82,046
Purchase Details
Closed on
Sep 22, 2021
Sold by
Hull Street Llc
Bought by
Eagle Landing East Llc
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 |
|---|---|---|---|
| Pradhan Nirnay | $254,400 | Lucid Title | |
| Eagle Landing East Llc | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pradhan Nirnay | $190,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/31/2024 12/31/24 | Sold | $254,400 | +103.5% | $142 / Sq Ft |
| 10/31/2024 10/31/24 | Pending | -- | -- | -- |
| 10/25/2024 10/25/24 | For Sale | $125,000 | -- | $70 / 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 | $2,584 | $138,100 | -- | -- |
| 2024 | $2,584 | $110,000 | $30,000 | $80,000 |
| 2023 | $2,596 | $110,000 | $30,000 | $80,000 |
| 2022 | $3,180 | $134,733 | $0 | $0 |
| 2021 | $2,768 | $117,300 | $30,000 | $87,300 |
| 2020 | $2,768 | $117,300 | $30,000 | $87,300 |
| 2019 | $3,025 | $128,800 | $0 | $0 |
| 2018 | $2,832 | $120,000 | $30,000 | $90,000 |
| 2017 | $2,766 | $117,200 | $0 | $0 |
| 2016 | $2,369 | $118,933 | $0 | $0 |
| 2015 | $2,369 | $111,600 | $0 | $0 |
| 2014 | $2,369 | $111,067 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Larry Cooper
-
Prabin Bhandari
Buyer's Agent in 2024
Prabin Bhandari
Keller Williams Gateway LLC
(443) 713-8672
1 in this area
150 Total Sales
Map
Source: Bright MLS
MLS Number: MDBA2144764
APN: 5138A-179
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