NOT LISTED FOR SALE

Estimated Value: $553,347 - $560,000

-- Bed
3 Baths
3,000 Sq Ft
$186/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $426,000 $142 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,868/month

6 Days on Market

Highlights

  • City View
  • 2-minute walk to University Of Baltimore/Mount Royal
  • Traditional Architecture
  • Deck
  • Traditional Floor Plan
  • Wood Flooring

About This Home

As of June 2020

MULTIPLE OFFERS. OFFERS DUE NO LATER THAN 9AM, WEDNESDAY JUNE 3RD. SHOWINGS ONLY MONDAY-FRIDAY BETWEEN 9-5. NO EXCEPTIONS! COVID-19: Please make sure you are following all CDC protocols and keeping all of us healthy and safe. Masks and gloves required for all showings. No exceptions. Try and limit the number of surfaces you touch. Due to concerns about COVID-19 and as a courtesy to all parties, please do not schedule or attend showings if anyone in your party is not feeling well and/or exhibits cold/flu-like symptoms or has been exposed to the virus. 24 Hour Notice required for all showings/no exceptions. Listing agent to accompany all showings. SHOWINGS ONLY MONDAY-FRIDAY BETWEEN 9-5. Photos of the second-floor apartment are available from the listing agent. Meticulous licensed 3 Unit End of Group in the heart of Historic Bolton Hill. Perfect for an owner occupant or strictly investment. The first floor has 1-2 Beds/1 Bath, 2nd Floor has 2 Beds/1 Bath, 3rd Floor has 2 Beds/1 Bath with a large rooftop deck with sweeping views of Baltimore. Two car parking pad and common laundry for tenant use. All units have split system wall mounted heat/ac with backup gas boiler for cold days. Tenants pay electric and gas for hot water. The owner pays backup gas heat, hot water for laundry, water/sewer and common area utilities. 4 Gas Meters/4 Electric Meters. Certified lead free on the inside. Steps to MICA, Penn Station, MARC Train, and Light Rail. The owner is in the process of re-renting the first-floor apartment. The other two apartments are on yearly leases. The monthly rental income is $4055. Located in a CHAP historic district. Subject to the Midtown Special Benefits District Surcharge Tax $494.75 yr. Sold strictly as-is. Seller will make no repairs. Property is in excellent condition.

Last Agent to Sell the Property

Jessica Dailey

Compass License #600667 Listed on: 05/28/2020

Compass

Last Buyer's Agent

Aida Gamerman

Cummings & Co. Realtors

Cummings & Co. Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,890

Year Built

  • Built in 1850

Lot Details

  • Historic Home

Home Design

  • Triplex
  • Traditional Architecture
  • Dwelling with Rental
  • Brick Exterior Construction

Interior Spaces

  • 3,000 Sq Ft Home
  • Traditional Floor Plan
  • Stained Glass
  • Wood Frame Window
  • Wood Flooring
  • City Views
  • Storm Windows
  • Dryer
  • Unfinished Basement

Kitchen

  • Stove
  • Dishwasher

Parking

  • 2 Parking Spaces
  • 2 Off-Street Spaces
  • Parking Space Conveys

Outdoor Features

  • Deck
  • Porch

Utilities

  • Zoned Heating and Cooling
  • Ductless Heating Or Cooling System
  • Radiator
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for real estate taxes, water, sewer, insurance, gas
  • Tax Lot 015
  • Assessor Parcel Number 0311030404 015

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals, parking

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,890

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Dwelling With Rental, Traditional
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Year Built: 1850
  • Remarks Public: MULTIPLE OFFERS. OFFERS DUE NO LATER THAN 9AM, WEDNESDAY JUNE 3RD. SHOWINGS ONLY MONDAY-FRIDAY BETWEEN 9-5. NO EXCEPTIONS! COVID-19: Please make sure you are following all CDC protocols and keeping all of us healthy and safe. Masks and gloves required for all showings. No exceptions. Try and limit the number of surfaces you touch. Due to concerns about COVID-19 and as a courtesy to all parties, please do not schedule or attend showings if anyone in your party is not feeling well and/or exhibits cold/flu-like symptoms or has been exposed to the virus. 24 Hour Notice required for all showings/no exceptions. Listing agent to accompany all showings. SHOWINGS ONLY MONDAY-FRIDAY BETWEEN 9-5. Photos of the second-floor apartment are available from the listing agent. Meticulous licensed 3 Unit End of Group in the heart of Historic Bolton Hill. Perfect for an owner occupant or strictly investment. The first floor has 1-2 Beds/1 Bath, 2nd Floor has 2 Beds/1 Bath, 3rd Floor has 2 Beds/1 Bath with a large rooftop deck with sweeping views of Baltimore. Two car parking pad and common laundry for tenant use. All units have split system wall mounted heat/ac with backup gas boiler for cold days. Tenants pay electric and gas for hot water. The owner pays backup gas heat, hot water for laundry, water/sewer and common area utilities. 4 Gas Meters/4 Electric Meters. Certified lead free on the inside. Steps to MICA, Penn Station, MARC Train, and Light Rail. The owner is in the process of re-renting the first-floor apartment. The other two apartments are on yearly leases. The monthly rental income is $4055. Located in a CHAP historic district. Subject to the Midtown Special Benefits District Surcharge Tax $494.75 yr. Sold strictly as-is. Seller will make no repairs. Property is in excellent condition.
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Water Heater
  • Interior Amenities: Floor Plan - Traditional, Stain/Lead Glass, Wood Floors
  • Window Features: Wood Frame, Storm
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 133.33
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 117

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway, Parking Space Conveys
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split, Zoned
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Zoned, Radiator, Hot Water
  • 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 Units: Square Feet
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Year Assessed: 2020
  • Zoning: R-7
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Taxes - Real Estate, Water, Sewer, Insurance, Gas
  • Rent Control: No
  • Total Actual Rent: 48660.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8890.00
  • Assessor Parcel Number: 0311030404 015
  • Tax Lot: 015
  • Tax Total Finished Sq Ft: 3000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/25/2020

Multi Family

  • Number Of Units Vacant: 1
  • Income Includes: Apartment Rentals, Parking
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Jun 25, 2020
Sold by
Mroy Bruce B
Bought by
Powell John and Arts Sophie
Seller's Agent
Jessica Dailey
Compass
Buyer's Agent
Aida Gamerman
Cummings & Co. Realtors
List Price
$400,000
Sold Price
$426,000
Premium/Discount to List
$26,000
6.5%
Total Days on Market
6
Current Estimated Value
$556,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,674
Avg. Annual Appreciation
5.53%
Original Mortgage
$340,800
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2007
Sold by
Penn Lofts Llc
Bought by
Home For Arundel Inc

Purchase Details

Closed on
Oct 24, 2005
Sold by
Mayor & City Council
Bought by
Penn Lofts Llc
Source: Public Records

Range of Values:

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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
Powell John $426,000 Sage Title Group Llc
Home For Arundel Inc $260,000 --
Penn Lofts Llc $206,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Powell John $340,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $426,000 +6.5% $142 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $400,000 -- $133 / 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
2024 $9,059 $423,333 $0 $0
2023 $9,497 $405,067 $0 $0
2022 $8,334 $386,800 $100,000 $286,800
2021 $9,049 $383,433 $0 $0
2020 $8,970 $380,067 $0 $0
2019 $8,848 $376,700 $100,000 $276,700
2018 $8,493 $359,867 $0 $0
2017 $8,096 $343,033 $0 $0
2016 $9,392 $326,200 $0 $0
2015 $9,392 $326,200 $0 $0
2014 $9,392 $326,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA509932

Bright MLS

APN: 0404-015