NOT LISTED FOR SALE

Estimated Value: $155,074 - $294,000

-- Bed
3 Baths
2,160 Sq Ft
$104/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $85,000 $39 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $1,523/month

73 Days on Market

Highlights

  • Federal Architecture
  • No HOA
  • Radiator

About This Home

As of October 2023

*INVESTOR ALERT* 1201 W Cross is a massive three-story, mixed use, end of group Triplex in the heart of Pigtown / Washington Village across from the new Whiting-Turner built culinary institute and a few blocks away from Ravens Stadium, Camden Yards, Horseshoe Casino, and the new entertainment district to include bars, restaurants, and Top Golf. Immediate + appreciation value. Currently commercial bar/tavern/restaurant on the ground floor and residential on the second and third. Standup, exterior access storage cellar. Previous 7-day liquor license. Complete renovation needed. Community approval for a 5-unit residential conversion or maintain as mixed use. Plans and scope of work available upon request. Proposed budget as a 5-unit rehab - 275k. Includes sprinkler system. Conservative ARV - 675k+. Unit breakdown: 1 ADA, 2 1 BD / 1 BA, 2 2 BD / 1 BA. Permitted as is for 2 residential dwelling units and 1 commercial space. **NOTE - FIRE DAMAGED - EXTERIOR PHOTOS FOR REFERENCE**

Last Agent to Sell the Property

John Stockton

RE/MAX Advantage Realty License #669972 Listed on: 07/24/2023

RE/MAX Advantage Realty

Last Buyer's Agent

Mark Moyer

Douglas Realty, LLC License #654419

Douglas Realty, LLC

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1898

Parking

  • On-Street Parking

Home Design

  • Federal Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Property has 3 Levels
  • Basement
  • Exterior Basement Entry

Utilities

  • Cooling System Utilizes Natural Gas
  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 087
  • Assessor Parcel Number 0321030780 087

Townhouse Details

Home Type

Townhome

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 1898
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 2160
  • Price Per Sq Ft: 46.30
  • Above Grade Finished Sq Ft: 2160
  • Below Grade Sq Ft: 840
  • Total Below Grade Sq Ft: 840
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1201

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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
  • Cooling Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Units: Square Feet
  • Year Assessed: 2022
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3522.00
  • Assessor Parcel Number: 0321030780 087
  • Tax Lot: 087
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/18/2023

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Oct 18, 2023
Sold by
1201 W Cross Street Llc
Bought by
Benitez Marisol
Seller's Agent
John Stockton
RE/MAX Advantage Realty
Buyer's Agent
Mark Moyer
Douglas Realty, LLC
List Price
$120,000
Sold Price
$85,000
Premium/Discount to List
-$35,000
-29.17%
Views
143
Current Estimated Value
$255,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,401
Avg. Annual Appreciation
71.03%

Purchase Details

Closed on
Nov 13, 2019
Sold by
May Luise
Bought by
1201 W Cross Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,080
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 2013
Sold by
Makarovich Robert Michael and Makarovich Monica
Bought by
May Louise and Nikolaidis Theodoros

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2010
Sold by
Makarovich Raymond
Bought by
Makarovich Monica

Purchase Details

Closed on
Sep 19, 2005
Sold by
Makarovich Raymond
Bought by
Trust

Purchase Details

Closed on
Apr 25, 1995
Sold by
George Clinton R
Bought by
Makarovich Raymond
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
Benitez Marisol $85,000 Terrain Title
1201 W Cross Street Llc $93,000 Castle Title Llc
May Louise $53,000 None Available
Makarovich Monica -- --
Makarovich Robert Michael $90,000 --
Trust $1,279 --
Makarovich Raymond $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1201 W Cross St Llc $487,500
Previous Owner 1201 W Cross Street Llc $214,080
Previous Owner May Louise $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $85,000 -15.0% $39 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
08/08/2023 08/08/23 Price Changed $100,000 -16.7% $46 / Sq Ft
07/24/2023 07/24/23 For Sale $120,000 -- $56 / 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 $1,355 $57,700 $40,000 $17,700
2024 $1,355 $57,700 $40,000 $17,700
2023 $3,587 $152,000 $40,000 $112,000
2022 $3,522 $149,233 $0 $0
2021 $3,457 $146,467 $0 $0
2020 $3,391 $143,700 $40,000 $103,700
2019 $2,489 $118,467 $0 $0
2018 $1,941 $93,233 $0 $0
2017 $1,605 $68,000 $0 $0
2016 $2,771 $140,233 $0 $0
2015 $2,771 $131,167 $0 $0
2014 $2,771 $122,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2093390

Bright MLS

APN: 0780-087