NOT LISTED FOR SALE

Estimated Value: $225,000

-- Bed
3 Baths
3,456 Sq Ft
$65/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $190,000 $55 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,230/month

32 Days on Market

Highlights

  • Federal Architecture
  • Forced Air Heating System
  • 2-minute walk to Madison Square Park

About This Home

As of March 2024

Investor's Dream: 3-Unit Property with Enormous Potential in Baltimore City. Welcome to a unique investment opportunity in the heart of Baltimore City! This property, with three separate units, presents a blank canvas for the savvy investor looking to make their mark in the thriving real estate market. While it requires major renovations to reach its full potential, the possibilities are endless, and the returns could be substantial. Property has rough electric, plumbing, HVAC and faming complete.

1.

Last Agent to Sell the Property

Mark Burch

(240) 351-5434 burchrealtygroup@gmail.com EXP Realty, LLC License #666832 Listed on: 11/13/2023

EXP Realty, LLC

Last Buyer's Agent

Michael Burdett

(202) 369-5183 mikeb12.rrs@gmail.com Rosselle Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $448

Year Built

  • Built in 1920

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Federal Architecture
  • Fixer Upper
  • Brick Exterior Construction
  • Block Foundation

Utilities

  • Forced Air Heating System

Additional Features

  • Basement

Community Details

  • Oliver Subdivision

Listing and Financial Details

  • Tax Lot 040
  • Assessor Parcel Number 0308091163 040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$448

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Investor's Dream: 3-Unit Property with Enormous Potential in Baltimore City. Welcome to a unique investment opportunity in the heart of Baltimore City! This property, with three separate units, presents a blank canvas for the savvy investor looking to make their mark in the thriving real estate market. While it requires major renovations to reach its full potential, the possibilities are endless, and the returns could be substantial. Property has rough electric, plumbing, HVAC and faming complete. 1.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Room Count: 8
  • Basement: Yes
  • Total Sq Ft: 4320
  • Living Area Sq Ft: 3456
  • Price Per Sq Ft: 57.84
  • Above Grade Finished Sq Ft: 3456
  • Below Grade Sq Ft: 864
  • Total Below Grade Sq Ft: 864
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1203

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: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2023
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 448.00
  • Assessor Parcel Number: 0308091163 040
  • Tax Lot: 040
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 03/08/2024

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2024
Sold by
Tvc Funding Iv Reo Llc
Bought by
3 Generations Properties Llc
Current Estimated Value
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,886
Interest Rate
6.73%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 21, 2023
Sold by
Stan Llc
Bought by
Tvc Funding Iv Reo Llc

Purchase Details

Listed on
May 7, 2021
Closed on
Jul 26, 2021
Sold by
Global Catalyst Llc
Bought by
Stan Homes Llc
Seller's Agent
Adam Shpritz
Ashland Auction Group LLC
Buyer's Agent
Adam Shpritz
Ashland Auction Group LLC
List Price
$40,000
Sold Price
$100,000
Premium/Discount to List
$60,000
150%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.35%
Original Mortgage
$393,373
Interest Rate
3%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 26, 2020
Sold by
Nadiff Hakim O
Bought by
Global Catalyst Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,500
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2004
Sold by
Satterwhite Lena
Bought by
Nadiff Hakiim O

Purchase Details

Closed on
Jun 9, 2004
Sold by
Satterwhite Lena
Bought by
Nadiff Hakiim O
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
3 Generations Properties Llc $190,000 None Listed On Document
Tvc Funding Iv Reo Llc $248,973 None Listed On Document
Stan Homes Llc $100,000 Golden Trust Title
Global Catalyst Llc -- Armour Settlement Svcs Llc
Nadiff Hakiim O $31,250 --
Nadiff Hakiim O $31,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 3 Generations Properties Llc $383,886
Previous Owner Stan Homes Llc $393,373
Previous Owner Global Catalyst Llc $182,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $190,000 -5.0% $55 / Sq Ft
11/13/2023 11/13/23 For Sale $199,900 +99.9% $58 / Sq Ft
07/28/2021 07/28/21 Sold $100,000 +150.0% --
06/04/2021 06/04/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $40,000 -- --
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 $446 $19,000 $4,000 $15,000
2024 $446 $19,000 $4,000 $15,000
2023 $446 $19,000 $4,000 $15,000
2022 $708 $30,000 $7,000 $23,000
2021 $621 $26,333 $0 $0
2020 $535 $22,667 $0 $0
2019 $446 $19,000 $4,000 $15,000
2018 $417 $17,667 $0 $0
2017 $385 $16,333 $0 $0
2016 $284 $15,000 $0 $0
2015 $284 $14,000 $0 $0
2014 $284 $13,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2105618

Bright MLS

APN: 1163-040