NOT LISTED FOR SALE

1407 Madison Ave Baltimore, MD 21217

Madison Park Neighborhood

Estimated Value: $463,163 - $467,000

Studio
-- Bath
3,720 Sq Ft
$125/Sq Ft Est. Value

Sale Details

Date Sold: July 8, 2024

Last sale price $440,000 $118 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,566 / mo

4 Days on Market

Highlights

  • Dual Staircase
  • Wood Flooring
  • Window Unit Cooling System
  • Traditional Architecture
  • Crown Molding
  • Ceiling Fan

About This Home

As of July 2024

***LIMITED SHOWINGS ** TU 4/30 1-3PM ** TH 5/2 4-6PM ** SA 5/4 1-3 ** Schedule Online or Call Lister
**INVESTOR ALERT** Great opportunity to buy and hold in the heart of Madison Park's Marble Hill. Up-and-coming community that made Live Baltimore's top 10 neighborhoods in 2023! Clos to MICA, Coppin State, and State Center. This gracious 3-unit property is extra wide and features lots of charm and original details, including 12' ceilings. Two 2BR/1BA units are currently occupied by tenants who would like to stay (month-to-month leases). The first-floor unit has been used as a gallery space by the owners. Could easily be converted to artist live/work space or even a 1BR/1BA unit. Lots of updates to the high-efficiency boiler/radiator system. Updated electric. Separate meters for all units. Clean, dry basement is good for storage or could be renovated to add more finished space.

Last Agent to Sell the Property

Martha Craig

(443) 708-7074 marthacraig.realtor@gmail.com Monument Sotheby's International Realty License #657039 Listed on: 04/30/2024

Last Buyer's Agent

Guy Salmon

(410) 321-8800 info@oconorandmooney.com O'Conor, Mooney & Fitzgerald License #317904

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,657

Year Built

  • Built in 1920

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Victorian Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Poured Concrete
  • Plaster Walls

Interior Spaces

  • Dual Staircase
  • Crown Molding
  • Ceiling Fan

Flooring

  • Wood
  • Tile or Brick
  • Luxury Vinyl Plank Tile

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Exterior Basement Entry

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 027
  • Assessor Parcel Number 0314120379 027

Community Details

Overview

  • 3 Units
  • 4-Story Building
  • Madison Park Historic District Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,657

Year Built

Built in 1920

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional, Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-04-30
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood, Luxury Vinyl Plank, Tile/Brick
  • Interior Amenities: Crown Moldings, Wood Floors, Additional Stairway
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls, Dry Wall
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Unfinished, Interior Access, Connecting Stairway, Outside Entrance, Poured Concrete
  • Total Sq Ft: 5260
  • Living Area Sq Ft: 3720
  • Price Per Sq Ft: 111.56
  • Above Grade Finished Sq Ft: 3720
  • Below Grade Sq Ft: 1540
  • Total Below Grade Sq Ft: 1540
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Flat
  • 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
  • Cooling Type: Window Unit(s), Ceiling Fan(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Units: Square Feet
  • Zoning: R-7
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1657.00
  • Assessor Parcel Number: 0314120379 027
  • Tax Lot: 027
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
Jul 1, 2024
Sold by
Bought by
Seller's Agent
Martha Craig
Monument Sotheby's International Realty
Buyer's Agent
Guy Salmon
O'Conor, Mooney & Fitzgerald
List Price
$415,000
Sold Price
$440,000
Premium/Discount to List
$25,000
6.02%
Views
25
Current Estimated Value
$465,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,082
Avg. Annual Appreciation
2.83%
Original Mortgage
$418,000
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 25, 2012
Closed on
Nov 30, 2012
Sold by
Bought by
Seller's Agent
Leslie Madden
Corner House Realty
Buyer's Agent
Tammy Wase
Cummings & Co. Realtors
List Price
$74,500
Sold Price
$65,000
Premium/Discount to List
-$9,500
-12.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.91%

Purchase Details

Closed on
Dec 29, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$440,000 Legacy Settlement Services
$440,000 Legacy Settlement Services
$65,000 Lawyers Express Title Llc
$50,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $418,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2024 07/08/24 Sold $440,000 +6.0% $118 / Sq Ft
04/30/2024 04/30/24 For Sale $415,000 +538.5% $112 / Sq Ft
11/30/2012 11/30/12 Sold $65,000 -12.8% -- View Prior Sale
10/07/2012 10/07/12 Pending -- -- --
10/01/2012 10/01/12 For Sale $74,500 0.0% --
09/22/2012 09/22/12 Pending -- -- --
07/26/2012 07/26/12 Price Changed $74,500 +6.0% --
06/26/2012 06/26/12 For Sale $70,250 +8.1% --
06/26/2012 06/26/12 Off Market $65,000 -- --
04/26/2012 04/26/12 Price Changed $70,250 -21.9% --
02/25/2012 02/25/12 For Sale $89,900 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $820 $70,200 $14,000 $56,200
2024 $820 $70,200 $14,000 $56,200
2023 $1,657 $70,200 $14,000 $56,200
2022 $1,657 $70,200 $14,000 $56,200
2021 $1,576 $66,800 $0 $0
2020 $1,496 $63,400 $0 $0
2019 $1,409 $60,000 $12,000 $48,000
2018 $1,416 $60,000 $12,000 $48,000
2017 $1,416 $60,000 $0 $0
2016 $1,663 $70,200 $0 $0
2015 $1,663 $70,200 $0 $0
2014 $1,663 $70,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Martha Craig

    Seller's Agent in 2024

    Martha Craig

    Monument Sotheby's International Realty

    (443) 604-6975

    1 in this area

    70 Total Sales

    Martha Craig
    Section Image
  • Guy Salmon

    Buyer's Agent in 2024

    Guy Salmon

    O'Conor, Mooney & Fitzgerald

    (410) 952-0411

    1 in this area

    11 Total Sales

    Guy Salmon
    Section Image

  • L

    Seller's Agent in 2012

    Leslie Madden

    Corner House Realty

    (443) 465-2700

    26 Total Sales

    Leslie Madden
    Section Image
  • Tammy Wase

    Buyer's Agent in 2012

    Tammy Wase

    Cummings & Co Realtors

    (410) 299-1761

    14 Total Sales

    Tammy Wase
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDBA2122854

Bright MLS

APN: 0379-027

Maryland Baltimore City County Baltimore 21217 Madison Park

1407 Madison Ave, Baltimore, MD

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