NOT LISTED FOR SALE

Silo Point 1200 Steuart St Unit 1031 Baltimore, MD 21230

Locust Point Neighborhood

Estimated Value: $530,995 - $549,000

2 Beds
2.5 Baths
2,244 Sq Ft
$846/mo HOA Fee

Last Sold December 02, 2020

Last sale price $390,000 $174 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,615/month

86 Days on Market

Highlights

  • Fitness Center
  • Water Oriented
  • Open Floorplan
  • Newspaper Service
  • Panoramic View
  • Contemporary Architecture

About This Home

As of December 2020

This unit has everything & a Home warranty! Luxury condo living in a Townhome, in the sky. 2 bedrooms , 2.5 baths and a large den. Second level laundry and storage room with built-ins. 3rd floor master suite with balcony and amazing views of the Key Bridge. Large closets with master walk-in & upgraded build-outs.The open floor plan entertaining space, and views from the kitchen to the terrace. Sold with a Home Warranty and 4 deeded parking spots, located in the resident garage. Silo Point has on site property management, 24hr front desk, fitness center, game & conference rooms, pet areas, & renovated 19th floor Sky Lounge. Easy access to downtown, 95, 295, 395, 695, & 895. Short Distance to Fort McHenry & Tide Point, where you can take a water taxi! Located in Locust Point, Silo Point has a history which makes it truly unique. Originally constructed in 1923, it was the largest and fastest grain elevator in the world. Today it's an award winning 24 story modern condominium with bits of its history scattered throughout. Silo Point is really a MUST SEE!

Last Agent to Sell the Property

Kyle Shay

(410) 952-8640 Kyle.Shay@Compass.com Compass License #0667868 Listed on: 07/23/2020

Compass

Last Buyer's Agent

Douglas Kington

(443) 604-8898 doug@crelogic.net REMAX Commercial Logic

REMAX Commercial Logic

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,267

Year Built

  • Built in 2011

Lot Details

  • Extensive Hardscape
  • Sprinkler System
  • Property is in very good condition

HOA Fees

Parking

  • Assigned parking located at #844, 845, 870, & 871
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • Parking Space Conveys
  • 4 Assigned Parking Spaces
  • Secure Parking

Property Views

  • Panoramic

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Metal Siding

Interior Spaces

  • 2,244 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Storage Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Intercom
  • Exterior Cameras
  • Monitored

Outdoor Features

  • Water Oriented
  • River Nearby
  • Terrace
  • Exterior Lighting

Location

  • Urban Location

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • 120/240V
  • Power Generator
  • Tankless Water Heater
  • Municipal Trash
  • Public Septic

Listing and Financial Details

  • Tax Lot 299
  • Assessor Parcel Number 0324112024 299

Community Details

Overview

  • $250 Elevator Use Fee
  • $1,692 Capital Contribution Fee
  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, insurance, management, reserve funds, trash, sewer, water, snow removal, security gate, lawn maintenance, taxes, parking fee
  • $1,692 Other One-Time Fees
  • Silo Point Community Association
  • High-Rise Condominium
  • Ilo Point Condominium Association Condos
  • Built by Turner Development
  • Locust Point Subdivision, Aa Reverse Floorplan
  • Property Manager

Amenities

  • Newspaper Service
  • Common Area
  • Beauty Salon
  • Game Room
  • Meeting Room
  • Party Room
  • 7 Elevators

Recreation

Security

  • Front Desk in Lobby
  • Resident Manager or Management On Site
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,267

Year Built

Built in 2011

Lot Details

0

HOA Fees

$846 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2020-07-24
  • Federal Flood Zone: No
  • Year Built: 2011
  • Assigned Parking Space Numbers: 844, 845, 870, & 871
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Stove, Stainless Steel Appliances, Washer
  • Entry Floor: 1
  • Flooring Type: Hardwood, Carpet, Tile/Brick
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Elevators Count: 7
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Den, Foyer, Bedroom 1, Laundry, Storage Room, Bathroom 1, Primary Bathroom
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit, Upper Floor
  • Total Sq Ft: 2244
  • Living Area Sq Ft: 2244
  • Price Per Sq Ft: 173.80
  • Above Grade Finished Sq Ft: 2244
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete, Metal Siding, Mixed
  • Exterior Features: Exterior Lighting, Sidewalks, Underground Lawn Sprinkler, Extensive Hardscape
  • Roof: Unknown
  • Spa: No
  • View: Water, City, River, Panoramic
  • Water Access: No
  • Water Body Name: Patapsco
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 4.00
  • Assigned Spaces Count: 4
  • Garage: Yes
  • Parking Features: Electric Vehicle Charging Station(s), Limited Common Elements, Parking Space Conveys, Private, Secure Parking, Assigned
  • Garage Features: Garage Door Opener, Inside Access
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers, 120/240V, Underground, Generator
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Multi-Tank, Tankless
  • Security: Desk In Lobby, Exterior Cameras, Fire Detection System, Intercom, Main Entrance Lock, Monitored, Resident Manager, Security Gate, Sprinkler System - Indoor
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 44.70
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 801.30
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: ilo Point Condominium Association
  • Elevator Use Fee: 250.00
  • HOA Condo Co-Op Amenities: Beauty Salon, Elevator, Fitness Center, Game Room, Meeting Room, Common Grounds, Party Room, Newspaper Service, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Insurance, Management, Reserve Funds, Trash, Sewer, Water, Snow Removal, Security Gate, Lawn Maintenance, Taxes, Parking Fee
  • HOA Name: SILO POINT COMMUNITY ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 1692.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 1692.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Outdoor Living Structures: Terrace, Balcony
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Zoning: R-8
  • In City Limits: Yes

Building Info

  • Builder Name: Turner Development

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 9267.00
  • Assessor Parcel Number: 0324112024 299
  • Tax Lot: 299
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Nov 1, 2020
Sold by
Maloney April Renee
Bought by
Blackwell Nancy Kay and Allen Michael H
Seller's Agent
Kyle Shay
Compass
Buyer's Agent
Douglas Kington
REMAX Commercial Logic
List Price
$385,000
Sold Price
$390,000
Premium/Discount to List
$5,000
1.3%
Current Estimated Value
$539,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,998
Avg. Annual Appreciation
6.71%
Original Mortgage
$382,936
Interest Rate
2.73%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 6, 2018
Closed on
Aug 28, 2019
Sold by
Heim Keith A
Bought by
Maloney April Rence
Seller's Agent
Kyle Shay
Compass
Buyer's Agent
Lynn Nichols
Keller Williams Flagship
List Price
$359,900
Sold Price
$355,000
Premium/Discount to List
-$4,900
-1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$284,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2016
Sold by
Silo Point Llc
Bought by
Heim Keith A

Purchase Details

Closed on
Jul 23, 2011
Sold by
Silo Point Ii Llc
Bought by
Heim Keith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,367
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2011
Sold by
Silo Point Ii Llc
Bought by
Heim Keith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,367
Interest Rate
4.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blackwell Nancy Kay $390,000 Integrity Title & Escrow Co
Maloney April Rence $355,000 Homeland Title
Heim Keith A $6,000 None Available
Heim Keith A $380,000 --
Heim Keith A $380,000 Continental Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blackwell Nancy Kay $382,936
Previous Owner Maloney April Rence $284,000
Previous Owner Heim Keith A $370,367
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2020 12/02/20 Sold $390,000 0.0% $174 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
10/17/2020 10/17/20 Price Changed $390,000 +1.3% $174 / Sq Ft
07/23/2020 07/23/20 For Sale $385,000 +8.5% $172 / Sq Ft
08/28/2019 08/28/19 Sold $355,000 -1.4% $158 / Sq Ft View Prior Sale
07/29/2019 07/29/19 Pending -- -- --
07/02/2019 07/02/19 For Sale $359,900 +1.4% $160 / Sq Ft
07/02/2019 07/02/19 Off Market $355,000 -- --
05/10/2019 05/10/19 Price Changed $359,900 -1.5% $160 / Sq Ft
03/26/2019 03/26/19 Price Changed $365,500 -0.9% $163 / Sq Ft
02/26/2019 02/26/19 Price Changed $369,000 -1.0% $164 / Sq Ft
01/25/2019 01/25/19 Price Changed $372,800 -6.8% $166 / Sq Ft
12/07/2018 12/07/18 For Sale $400,000 +12.7% $178 / Sq Ft
11/09/2018 11/09/18 Off Market $355,000 -- --
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 $11,114 $561,000 $140,200 $420,800
2024 $11,114 $561,000 $140,200 $420,800
2023 $10,563 $594,600 $148,600 $446,000
2022 $10,086 $527,300 $0 $0
2021 $10,856 $460,000 $0 $0
2020 $8,434 $392,700 $98,100 $294,600
2019 $8,391 $392,700 $98,100 $294,600
2018 $8,531 $392,700 $98,100 $294,600
2017 $8,528 $392,700 $0 $0
2016 $237 $381,000 $0 $0
2015 $237 $369,300 $0 $0
2014 $237 $357,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kyle Shay

    Seller's Agent in 2020

    Kyle Shay

    Compass

    (410) 952-8640

    34 in this area

    59 Total Sales

    Kyle Shay
    Section Image
  • Douglas Kington

    Buyer's Agent in 2020

    Douglas Kington

    RE/MAX

    (443) 604-8898

    1 in this area

    1 Total Sale

    Douglas Kington
    Section Image
  • Lynn Nichols

    Buyer's Agent in 2019

    Lynn Nichols

    Keller Williams Flagship

    (443) 694-0028

    40 Total Sales

    Lynn Nichols
    Section Image
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About Silo Point

Map

Source: Bright MLS

MLS Number: MDBA516010

Bright MLS

APN: 2024-299

Maryland Baltimore City County Baltimore 21230 Locust Point

1200 Steuart St Unit 1031, Baltimore, MD

Not Listed for Sale

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