NOT LISTED FOR SALE

Estimated Value: $1,097,350

-- Bed
2 Baths
3,555 Sq Ft
$309/Sq Ft Est. Value

Last Sold November 26, 2021

Last sale price $999,000 $281 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,429/month

29 Days on Market

Highlights

  • City View
  • Deck
  • Forced Air Heating and Cooling System
  • Federal Architecture
  • No HOA

About This Home

As of November 2021

Prime real estate location in Federal Hill. Right on Light Street. Close to the newly renovated Cross Street Market and local restaurants. Zoning is C-1. It is a corner building with 3 units/ rental apartments. Building has a lead free certificate for all units and rental licensing. There is a 4 BR with rooftop deck with nice view. The 2 other units are 2 BR. This is a multi level location (2 buildings -1301 and 1303 Light Street) First level apartment could be converted back to a store front as it is on a main street. Rents are $3600 for 4 BR, $1800 and $1700 for each 2 Bedroom. Gross income is $85,000 a year. Hardwood floors through out the units. Carpet in the bedrooms. Skylights. Vaulted ceilings. Gourmet spacious kitchens in all the units with granite countertops and stainless appliances. Exposed brick . Units have washer and dryers. Staircases are wide so furniture can be moved into the units. There is also a garage area for storage and trash can area for tenants. Building has been updated and well maintained. Live in one unit and rent the other two out for income. All apartments are currently leased.

Last Agent to Sell the Property

Debbie Bullinger

(410) 916-6170 debbiebullinger@icloud.com Cummings & Co. Realtors License #0652025 Listed on: 08/23/2021

Cummings & Co. Realtors

Last Buyer's Agent

Tom Fair

(410) 235-5200 tom@benfrederick.com Ben Frederick Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,459

Year Built

  • Built in 1880

Lot Details

  • 1,173

Home Design

  • Triplex
  • Federal Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,555 Sq Ft Home
  • City Views
  • Basement

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Public Septic

Additional Features

  • Deck
  • 1,173 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 3 Units
  • 3-Story Building

Listing and Financial Details

  • Tax Lot 010
  • Assessor Parcel Number 0324030982 010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,459

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • Exclusions: tenant's furnishing
  • Inclusions: All appliances are included with the sale
  • New Construction: No
  • Year Built: 1880
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Total Sq Ft: 3555
  • Living Area Sq Ft: 3555
  • Price Per Sq Ft: 281.01
  • Above Grade Finished Sq Ft: 3555
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 215500.00
  • Land Assessed Value: 58600.00
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1173.00
  • Outdoor Living Structures: Roof, Deck(s)
  • Zoning: C-1
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly
  • Total Actual Rent: 85000.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13026755
  • Tax Annual Amount: 6459.00
  • Assessor Parcel Number: 0324030982 010
  • Tax Lot: 010
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

Multi Family

  • Gross Income: 85000.00
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2021 11/26/21 Sold $999,000 0.0% $281 / Sq Ft
08/23/2021 08/23/21 For Sale $999,000 0.0% $281 / Sq Ft
04/27/2020 04/27/20 Rented $1,650 -5.7% --
03/16/2020 03/16/20 Price Changed $1,750 -2.8% --
02/03/2020 02/03/20 For Rent $1,800 -44.6% --
10/18/2018 10/18/18 Rented $3,250 -5.8% --
09/27/2018 09/27/18 Price Changed $3,450 -8.0% $1 / Sq Ft
09/14/2018 09/14/18 For Rent $3,750 +108.3% --
07/20/2018 07/20/18 Rented $1,800 -9.8% --
07/20/2018 07/20/18 Under Contract -- -- --
06/01/2018 06/01/18 For Rent $1,995 -46.8% --
08/01/2016 08/01/16 Rented $3,750 -5.1% --
06/16/2016 06/16/16 For Rent $3,950 +113.5% --
05/15/2016 05/15/16 Rented $1,850 -14.0% --
05/15/2016 05/15/16 Under Contract -- -- --
03/09/2016 03/09/16 For Rent $2,150 -- --
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 $8,092 $415,367 -- --
2024 $8,092 $344,533 $0 $0
2023 $6,429 $273,700 $58,600 $215,100
2022 $6,459 $273,700 $58,600 $215,100
2021 $6,459 $273,700 $58,600 $215,100
2020 $6,469 $274,100 $58,600 $215,500
2019 $6,375 $271,433 $0 $0
2018 $6,343 $268,767 $0 $0
2017 $6,280 $266,100 $0 $0
2016 $7,487 $260,867 $0 $0
2015 $7,487 $255,633 $0 $0
2014 $7,487 $250,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA554360

Bright MLS

APN: 0982-010