NOT LISTED FOR SALE

1306 W Lexington St Baltimore, MD 21223

Franklin Square Neighborhood

Estimated Value: $90,000 - $289,586

-- Bed
-- Bath
-- Sq Ft
1915 Built

Last Sold October 09, 2015

Last sale price $50,000

Est. 228% increase in value since last sale

Current estimated payment $927/month

Highlights

  • No HOA
  • Forced Air Heating System
  • 1-minute walk to Franklin Square Park

About This Home

As of October 2015

GREAT OPPORTUNITY TO OWN A 3 UNIT BUILDING FACING HISTORIC FRANKLIN SQUARE. BUILDING IS OCUPIED BY LONG TERM RESIDENT ON THE 2ND FLOOR. 1ST FLOOR AND 3RD ARE VACANT. 24HR TO 48HR NOTICE AND TENANT HAS TO BE NOTIFIED PRIOR TO ENTRY. SEP METERS FOR EACH APT. THIS IS A NICE SOLID BUILDING AND YOU CAN'T BEAT THE PRICE. IT'S ALMOST CRAZY . HOUSE IS SOLD AS IS AND THE SELLER WILL NOT MAKE ANY REPAIRS.

Last Agent to Sell the Property

Deric Beckett

Berkshire Hathaway HomeServices PenFed Realty License #531319 Listed on: 02/20/2015

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Deric Beckett

Berkshire Hathaway HomeServices PenFed Realty License #531319 Listed on: 02/20/2015

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $590

Year Built

  • Built in 1915

Lot Details

  • Ground Rent of $1 per year

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 3 Units
  • Franklin Square Historic District Subdivision

Listing and Financial Details

  • Tax Lot 018
  • Assessor Parcel Number 0319140168 018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$590

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Ground Rent
  • New Construction: No
  • Year Built: 1915
  • Remarks Public: GREAT OPPORTUNITY TO OWN A 3 UNIT BUILDING FACING HISTORIC FRANKLIN SQUARE. BUILDING IS OCUPIED BY LONG TERM RESIDENT ON THE 2ND FLOOR. 1ST FLOOR AND 3RD ARE VACANT. 24HR TO 48HR NOTICE AND TENANT HAS TO BE NOTIFIED PRIOR TO ENTRY. SEP METERS FOR EACH APT. THIS IS A NICE SOLID BUILDING AND YOU CAN'T BEAT THE PRICE. IT'S ALMOST CRAZY . HOUSE IS SOLD AS IS AND THE SELLER WILL NOT MAKE ANY REPAIRS.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Full, Unfinished
  • Street Number Modifier: 1306

Exterior Features

  • 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 Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454

Lot Info

  • Improvement Assessed Value: 20000.00
  • Land Assessed Value: 5000.00
  • Lot Size Units: Square Feet
  • Property Attached Yn: Yes
  • Year Assessed: 2014
  • Zoning: 8
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 1.00
  • Ground Rent Pymnt Freq: Annually
  • Lease Term: Negotiable
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13007228
  • Tax Annual Amount: 590.00
  • Assessor Parcel Number: 0319140168 018
  • Tax Lot: 018
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 10/09/2015

Multi Family

  • Vacancy Allowance Rate: 66.00

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2014
Sold by
1306 West Lexington Llc
Bought by
Pbe Companies Llc
Current Estimated Value
$164,195

Purchase Details

Closed on
Dec 21, 2006
Sold by
Princess Leah Llc
Bought by
1306 West Lexington Llc

Purchase Details

Closed on
Jun 16, 2006
Sold by
Helsley Robert J
Bought by
Princess Leah Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Pbe Companies Llc $65,951 First American Title Ins Co
1306 West Lexington Llc $150,000 --
Princess Leah Llc $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Princess Leah Llc $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2015 10/09/15 Sold $50,000 -16.5% --
07/17/2015 07/17/15 Pending -- -- --
02/20/2015 02/20/15 For Sale $59,900 -- --
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 $634 $27,000 $5,000 $22,000
2024 $634 $27,000 $5,000 $22,000
2023 $705 $30,000 $7,000 $23,000
2022 $606 $25,667 $0 $0
2021 $503 $21,333 $0 $0
2020 $401 $17,000 $4,000 $13,000
2019 $399 $17,000 $4,000 $13,000
2018 $401 $17,000 $4,000 $13,000
2017 $590 $25,000 $0 $0
2016 $592 $25,000 $0 $0
2015 $592 $25,000 $0 $0
2014 $592 $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Deric Beckett

    Seller's Agent in 2015

    Deric Beckett

    BHHS PenFed (actual)

    (443) 864-2799

    194 Total Sales

    Deric Beckett
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001120473

Bright MLS

APN: 0168-018

Maryland Baltimore City County Baltimore 21223 Franklin Square

1306 W Lexington St, Baltimore, MD

This home is located at 1306 W Lexington St, Baltimore, MD 21223 since 20 February 2015 and is currently estimated at $164,195. This property was built in 1915. 1306 W Lexington St is a home located in Baltimore City with nearby schools including Franklin Square Elementary School, Booker T. Washington Middle School, and Frederick Douglass High School.

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