NOT LISTED FOR SALE

Estimated Value: $635,000 - $686,868

-- Bed
4 Baths
2,688 Sq Ft
$246/Sq Ft Est. Value

Last Sold June 26, 2018

Last sale price $750,000 $279 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $4,977/month

45 Days on Market

Highlights

  • City View
  • Corner Lot
  • Balcony
  • Space For Rooms
  • No HOA
  • 4-minute walk to Latrobe Park

About This Home

As of June 2018

QUINTESSENTIAL LOCUST POINT END OF GROUP*GRAND 3 UNIT TOWNHOME 100% OCCUPIED*INCOME PRODUCING ASSET GENERATING $81,600. ANNUAL INCOME W/$56,792 NET*BEAUTIFULLY RENOVATED IN 2017 WITH 3 LARGE 2 BEDROOM UNITS, ELEVATOR AND 1 CAR ATTACHED GARAGE*LIVE IN THE OWNERS UNIT WHILE YOU RENT THE 2 ADDITIONAL UNITS TO PAY YOUR MORTGAGE*TOP OF THE LINE FINISHES THROUGHOUT & EXPOSED BRICK WALLS ON ALL LEVELS

Last Agent to Sell the Property

Theo Harris

EXP Realty, LLC Listed on: 04/10/2018

EXP Realty, LLC

Co-Listed By

Maria Theocharidou

EXP Realty, LLC

Last Buyer's Agent

Christopher Calabretta

Cummings & Co. Realtors

Cummings & Co. Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,392

Year Built

  • Built in 1875 | Remodeled in 2017

Lot Details

  • Southwest Facing Home
  • Corner Lot
  • Ground Rent of $42 expires in 100 years
  • Property is in very good condition

Home Design

  • Brick Exterior Construction
  • Combination Foundation
  • Rubber Roof

Interior Spaces

  • En-Suite Bathroom
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • City Views

Finished Basement

  • Connecting Stairway
  • Exterior Basement Entry
  • Sump Pump
  • Space For Rooms
  • Basement with some natural light

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Site Parking

Accessible Home Design

  • Accessible Elevator Installed

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Tankless Water Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for accounting/legal, advertising/licenses and permits, insurance, repairs, real estate taxes
  • Tax Lot 080
  • Assessor Parcel Number 0324122004 080

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Locust Point Subdivision

Building Details

  • Income includes apartment rentals
  • Operating Expense $56,792

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,392

Year Built

Built in 1875 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Accessibility Features: Elevator
  • Ownership: Ground Rent
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1875
  • Year Renovated: 2017
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Interior Amenities: Primary Bath(s)
  • Window Features: Double Pane
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Basement: Yes
  • Basement Type: Outside Entrance, Combination, Connecting Stairway, Daylight, Partial, Fully Finished, Space For Rooms, Sump Pump
  • Price Per Sq Ft: 279.02
  • Street Number Modifier: 1359

Exterior Features

  • Construction Materials: Combination, Brick
  • Exterior Features: Sidewalks
  • Road Surface Type: Access - On Grade, Black Top
  • Roof: Rubber
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Site, On Street, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Energy Star Cooling System, Zoned
  • Heating Fuel: Electric
  • Heating Type: Energy Star Heating System, Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas, Tankless
  • 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

Green Features

  • Efficiency: Appliances, Construction, Lighting, Hvac
  • Green Water Conservation: Low-Flow Fixtures

Lot Info

  • Lot Features: Corner
  • Outdoor Living Structures: Balcony, Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: 8
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 42.00
  • Ground Rent Pymnt Freq: Annually
  • Ground Rent Years Remaining: 100
  • Lease Term: 24 Months
  • Owner Pays: Accounting/Legal, Advertising/Licenses And Permits, Insurance, Repairs, Taxes - Real Estate
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7391.52
  • Assessor Parcel Number: 0324122004 080
  • Tax Lot: 080
  • Tax Total Finished Sq Ft: 2688
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 06/26/2018

Multi Family

  • Gross Income: 81600.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 56792.00

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2018
Closed on
Aug 13, 2018
Sold by
Jason Schiavone
Bought by
Ramerez Martin P and Glazer Rebecca H
Seller's Agent
Theo Harris
EXP Realty, LLC
Buyer's Agent
Christopher Calabretta
Cummings & Co. Realtors
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$660,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$89,066
Avg. Annual Appreciation
-1.79%
Original Mortgage
$562,500
Interest Rate
4.59%

Purchase Details

Closed on
Jun 30, 2000
Sold by
Sledz Bernard
Bought by
Sledz Bernard J and Sledz Louise

Purchase Details

Closed on
Nov 28, 1994
Sold by
Meneses Pacita
Bought by
Sledz Charles J Trust
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
Ramerez Martin P $750,000 --
Sledz Bernard J $5,825 --
Sledz Charles J Trust $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Martin P $565,000
Closed Ramirez Martin P $561,200
Closed Sledz Charles J Trust $562,500
Closed Sledz Charles J Trust --
Previous Owner Ramirez Martin P $562,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2018 06/26/18 Sold $750,000 0.0% $279 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $750,000 0.0% $279 / Sq Ft
05/05/2018 05/05/18 Pending -- -- --
04/10/2018 04/10/18 Price Changed $750,000 -11.8% $279 / Sq Ft
04/10/2018 04/10/18 For Sale $850,000 +190.6% $316 / Sq Ft
12/24/2014 12/24/14 Sold $292,500 -5.6% $109 / Sq Ft
12/21/2014 12/21/14 Pending -- -- --
11/17/2014 11/17/14 For Sale $310,000 -- $115 / 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
2024 $15,417 $656,400 $80,000 $576,400
2023 $15,831 $670,800 $80,000 $590,800
2022 $6,254 $549,667 $0 $0
2021 $10,113 $428,533 $0 $0
2020 $6,611 $307,400 $80,000 $227,400
2019 $6,577 $307,400 $80,000 $227,400
2018 $7,255 $307,400 $80,000 $227,400
2017 $7,392 $313,200 $0 $0
2016 $6,744 $302,400 $0 $0
2015 $6,744 $291,600 $0 $0
2014 $6,744 $280,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000376806

Bright MLS

APN: 2004-080