NOT LISTED FOR SALE

Estimated Value: $844,254

-- Bed
-- Bath
4,025 Sq Ft
$210/Sq Ft Est. Value

Last Sold October 31, 2024

Last sale price $800,000 $199 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,862/month

115 Days on Market

Highlights

  • Harbor Views
  • Federal Architecture
  • Corner Lot
  • Open Floorplan
  • Wood Flooring
  • Bar

About This Home

As of October 2024

Don't miss this fantastic opportunity in a prime location! This unique turnkey property includes 2 individual rowhomes plus a fully renovated restaurant space and is a perfect set up for owner occupant or an investor. Both rowhomes are beautifully renovated with 2 bedrooms, 1.5 baths and feature wood floors, cherry cabinets w/granite countertops, exposed brick,and a second level deck with amazing views of the Inner Harbor. The property is deeded as 1400 Key Highway but the residential units use Webster Street addresses for the post office. 1307 Webster lease ends September 30th but current tenants have expressed interest in staying and 1309 Webster is leased thru May 30th, 2025. The restaurant space comes with a 5 year lease and has a fully equipped kitchen, bar area, 2 bathrooms, office/storage space and potential for outdoor seating. Conveniently located near public transportation and parking lots with easy access to 95.

Last Agent to Sell the Property

Stacey Friedman

(410) 303-5747 sfriedman@homesale.com Cummings & Co. Realtors Listed on: 04/19/2024

Cummings & Co. Realtors

Last Buyer's Agent

David Jimenez

(301) 908-4420 dave@newhometeamMD.com RE/MAX Distinctive Real Estate, Inc. License #661958

RE/MAX Distinctive Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,060

Year Built

  • Built in 1910

Lot Details

  • 1,625 Sq Ft Lot
  • Corner Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Federal Architecture
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • Bathtub with Shower
  • 4,025 Sq Ft Home
  • Open Floorplan
  • Bar
  • Ceiling Fan
  • Recessed Lighting
  • Awning
  • Harbor Views

Flooring

  • Wood
  • Carpet

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 015
  • Assessor Parcel Number 0324092010 015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,060

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Bar, Carpet, Ceiling Fan(s), Floor Plan - Open, Pantry, Recessed Lighting, Bathroom - Tub Shower
  • Fireplace: No
  • Basement: No
  • Total Sq Ft: 4025
  • Living Area Sq Ft: 4025
  • Price Per Sq Ft: 198.51
  • Above Grade Finished Sq Ft: 4025
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Awning(s), Exterior Lighting
  • Roof: Rubber
  • Spa: No
  • View: Harbor
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1625.00
  • Property Condition: Very Good
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 17060.00
  • Assessor Parcel Number: 0324092010 015
  • Tax Lot: 015
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Oct 31, 2024
Sold by
1400 Key Gpg Llc
Bought by
1400 Key Highway Llc
Seller's Agent
Stacey Friedman
Cummings & Co. Realtors
Buyer's Agent
David Jimenez
RE/MAX Distinctive Real Estate, Inc.
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%
Views
169
Current Estimated Value
$844,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,254
Avg. Annual Appreciation
5.16%

Purchase Details

Closed on
Aug 12, 2016
Sold by
Dbf Llc
Bought by
1400 Key Gpg Llc

Purchase Details

Closed on
Feb 28, 2007
Sold by
Webster Street Property Llc
Bought by
Dbf Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Interest Rate
6.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 1999
Sold by
Wroten Ind Raymon L
Bought by
Webster Street Property Llc
Source: Public Records

Range of Values:

--
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

Purchase History

Date Buyer Sale Price Title Company
1400 Key Highway Llc -- None Listed On Document
1400 Key Gpg Llc $710,000 Access Title Company Llc
Dbf Llc $580,000 --
Webster Street Property Llc $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dbf Llc $567,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $800,000 +0.1% $199 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $799,000 -- $199 / 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 $16,999 $724,567 -- --
2024 $16,999 $723,733 $0 $0
2023 $16,979 $722,900 $203,100 $519,800
2022 $16,828 $713,067 $0 $0
2021 $16,596 $703,233 $0 $0
2020 $16,364 $693,400 $203,100 $490,300
2019 $15,186 $646,567 $0 $0
2018 $14,154 $599,733 $0 $0
2017 $13,048 $552,900 $0 $0
2016 $12,035 $540,600 $0 $0
2015 $12,035 $528,300 $0 $0
2014 $12,035 $516,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2122196

Bright MLS

APN: 2010-015