NOT LISTED FOR SALE

1409 E Eager St Baltimore, MD 21205

Gay Street Neighborhood

Estimated Value: $71,000 - $77,000

3 Beds
1.5 Baths
-- Sq Ft
1,307 Sq Ft Lot

Last Sold May 10, 2024

Last sale price $70,000

Est. 6% increase in value since last sale

Current estimated payment $450/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 2-minute walk to Madison Square Park
  • No HOA

About This Home

As of May 2024

Welcome to this fantastic rehab property located in the heart of Baltimore. With 3 spacious bedrooms, and the potential for 2 more (5 total), this property offers an excellent opportunity for investors seeking high returns or potential rental income. The spacious layout provides ample room for tenants or future homeowners to create a comfortable living space. The property's convenient location ensures a steady demand from tenants, making it an attractive investment option. Go check it out today before it's gone! **CASH OR HARD MONE ONLY**. SELLERS STRONGLY RECOMMEND USING NEW WORLD TITLE OR ONE OF THE TITLE COMPANIES LISTED IN THE SELLER ADDENDUM.

Last Agent to Sell the Property

Jake Northrop

Northrop Realty License #668697 Listed on: 03/19/2024

Northrop Realty

Co-Listed By

William Dickman

Northrop Realty License #5010648

Last Buyer's Agent

Violet Tebi

EXP Realty, LLC

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $472

Year Built

  • Built in 1913

Lot Details

  • 1,307 Sq Ft Lot
  • Ground Rent of $60 semi-annually

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 4 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Gay Street Subdivision

Listing and Financial Details

  • Tax Lot 005
  • Assessor Parcel Number 0310101209 005

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$472

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Ground Rent
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 1913
  • Remarks Public: Welcome to this fantastic rehab property located in the heart of Baltimore. With 3 spacious bedrooms, and the potential for 2 more (5 total), this property offers an excellent opportunity for investors seeking high returns or potential rental income. The spacious layout provides ample room for tenants or future homeowners to create a comfortable living space. The property's convenient location ensures a steady demand from tenants, making it an attractive investment option. Go check it out today before it's gone! **CASH OR HARD MONE ONLY**. SELLERS STRONGLY RECOMMEND USING NEW WORLD TITLE OR ONE OF THE TITLE COMPANIES LISTED IN THE SELLER ADDENDUM.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1409

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • 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
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1306.80
  • Year Assessed: 2023
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 60.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Semi-Annually
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 472.00
  • Assessor Parcel Number: 0310101209 005
  • Tax Lot: 005
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/10/2024

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
May 9, 2024
Sold by
Md Tax Lien 2021 Llc
Bought by
Forest Park Myt Llc
Seller's Agent
Jake Northrop
Northrop Realty
Buyer's Agent
Violet Tebi
EXP Realty, LLC
List Price
$99,000
Sold Price
$70,000
Premium/Discount to List
-$29,000
-29.29%
Views
29
Current Estimated Value
$74,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,000
Avg. Annual Appreciation
4.49%
Original Mortgage
$200,000
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2024
Closed on
Apr 4, 2024
Sold by
Michael Mocksten
Bought by
Md Tax Lien 2021 Llc
Seller's Agent
Jake Northrop
Northrop Realty
Buyer's Agent
Violet Tebi
EXP Realty, LLC
List Price
$99,000
Sold Price
$70,000
Premium/Discount to List
-$29,000
-29.29%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.02%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Forest Park Myt Llc $70,000 New World Title
Md Tax Lien 2021 Llc $11,404 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forest Park Myt Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $70,000 -29.3% --
03/28/2024 03/28/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $99,000 -- --
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 $681 $29,000 $0 $0
2023 $472 $20,000 $0 $0
2022 $260 $11,000 $3,000 $8,000
2021 $260 $11,000 $3,000 $8,000
2020 $260 $11,000 $3,000 $8,000
2019 $258 $11,000 $3,000 $8,000
2018 $260 $11,000 $3,000 $8,000
2017 $242 $11,000 $0 $0
2016 $355 $15,000 $0 $0
2015 $355 $15,000 $0 $0
2014 $355 $15,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jake Northrop

    Seller's Agent in 2024

    Jake Northrop

    Creig Northrop Team of Long & Foster

    (443) 204-3460

    1 in this area

    159 Total Sales

    Jake Northrop
    Section Image
  • William Dickman

    Seller Co-Listing Agent in 2024

    William Dickman

    Creig Northrop Team of Long & Foster

    (443) 789-2126

    1 in this area

    41 Total Sales

    William Dickman
    Section Image

  • V

    Buyer's Agent in 2024

    Violet Tebi

    EXP Realty, LLC

    1 in this area

    3 Total Sales

    Violet Tebi
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDBA2117926

Bright MLS

APN: 1209-005

Maryland Baltimore City County Baltimore 21205 Gay Street

1409 E Eager St, Baltimore, MD

This home is located at 1409 E Eager St, Baltimore, MD 21205 since 19 March 2024 and is currently estimated at $74,000. This property was built in 1913. 1409 E Eager St is a home located in Baltimore City with nearby schools including Dr. Bernard Harris Sr. Elementary School, Booker T. Washington Middle School, and Paul Laurence Dunbar Community High School.

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