NOT LISTED FOR SALE

Estimated Value: $542,606 - $1,034,000

2 Beds
3 Baths
1,861 Sq Ft
$424/Sq Ft Est. Value

Last Sold February 23, 2016

Last sale price $508,000 $273 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,348/month

About This Home

As of February 2016

Welcome to urban luxury living at its finest! This stunning two-bedroom, two-bathroom condominium offers an unparalleled blend of style, comfort, and convenience in the heart of Baltimore's vibrant waterfront community. [No interior photos available while home is occupied]As soon as you enter, you'll be greeted by a spacious open floor plan filled with natural light, complemented by floor-to-ceiling windows that provide breathtaking panoramic views of the city skyline and tranquil harbor. The living area flows seamlessly into a sleek, modern kitchen featuring stainless steel appliances, granite countertops, and ample cabinet space, perfect for entertaining guests.The owner's suite is a true oasis, featuring generous walk-in closet space and a luxurious en-suite bathroom complete with dual sinks, a soaking tub, and a separate glass-enclosed shower. The second bedroom also offers ample space and can serve as a comfortable guest room, home office, or den.The rent includes two parking spots conveniently located in the secure resident garage, ensuring both convenience and security. [a storage locker is available for rent, for an additional monthly fee] Silo Point offers a range of amenities, including a 24-hour front desk, fitness center, game and conference rooms, and the exclusive 19th-floor Sky Lounge with panoramic views. There are designated pet areas and convenient pet and car washing stations for pet owners. Cycling enthusiasts will appreciate the multiple bike racks and a Bike Fixit Station available on-site. Silo Point is conveniently located with easy access to downtown and major highways, just over 10 miles from the airport. Its proximity to Fort McHenry, the Baltimore Peninsula, and a commuter water taxi stop adds to its allure, offering residents a blend of urban convenience and scenic tranquility. Experience modern living at Silo Point, where every detail exudes sophistication and comfort.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2015
Closed on
Feb 23, 2016
Sold by
Krenn Paul J and Minnix Boyd S
Bought by
Nelms Justin K
Seller's Agent
Linda Fredeking
Monument Sotheby's International Realty
Buyer's Agent
Peter Sowa
Berkshire Hathaway HomeServices Homesale Realty
List Price
$549,900
Sold Price
$508,000
Premium/Discount to List
-$41,900
-7.62%
Current Estimated Value
$788,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,303
Avg. Annual Appreciation
4.84%
Original Mortgage
$457,200
Outstanding Balance
$211,749
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$576,554

Purchase Details

Listed on
Mar 9, 2013
Closed on
Dec 20, 2013
Sold by
Silo Point Ii Llc
Bought by
Krenn Paul J and Minnix Boyd S
Seller's Agent
Thomas Saehler
Thomas & Co.
Buyer's Agent
Thomas Saehler
Thomas & Co.
List Price
$579,900
Sold Price
$560,000
Premium/Discount to List
-$19,900
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.37%
Original Mortgage
$548,875
Interest Rate
2.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nelms Justin K $508,000 Brennan Title Company
Krenn Paul J $560,000 Continental Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelms Justin K $457,200
Previous Owner Krenn Paul J $548,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Rented $4,285 +3.3% --
05/07/2024 05/07/24 Under Contract -- -- --
04/17/2024 04/17/24 For Rent $4,150 +18.6% --
06/11/2021 06/11/21 Rented $3,500 0.0% --
04/28/2021 04/28/21 Under Contract -- -- --
04/09/2021 04/09/21 For Rent $3,500 -1.4% --
10/23/2019 10/23/19 Rented $3,550 -1.4% --
10/18/2019 10/18/19 Under Contract -- -- --
09/19/2019 09/19/19 For Rent $3,600 +2.9% --
03/30/2017 03/30/17 Rented $3,500 -2.8% --
03/17/2017 03/17/17 Under Contract -- -- --
01/19/2017 01/19/17 For Rent $3,600 0.0% --
02/23/2016 02/23/16 Sold $508,000 -4.1% $272 / Sq Ft
01/08/2016 01/08/16 Pending -- -- --
12/17/2015 12/17/15 Price Changed $529,900 -3.6% $284 / Sq Ft
10/31/2015 10/31/15 For Sale $549,900 -1.8% $295 / Sq Ft
12/21/2013 12/21/13 Sold $560,000 -3.4% $328 / Sq Ft
11/25/2013 11/25/13 Pending -- -- --
03/09/2013 03/09/13 For Sale $579,900 -- $339 / Sq Ft

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 $11,072 $471,400 $0 $0
2023 $10,926 $465,200 $116,300 $348,900
2022 $10,979 $465,200 $116,300 $348,900
2021 $10,979 $465,200 $116,300 $348,900
2020 $10,191 $474,500 $118,600 $355,900
2019 $10,066 $471,400 $0 $0
2018 $10,162 $468,300 $0 $0
2017 $10,218 $465,200 $0 $0
2016 $237 $449,700 $0 $0
2015 $237 $434,200 $0 $0
2014 $237 $418,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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