NOT LISTED FOR SALE

Estimated Value: $315,000

Studio
-- Bath
-- Sq Ft
1920 Built

Last Sold February 05, 2024

Last sale price $250,000

Est. 26% increase in value since last sale

Current estimated payment $1,772/month

14 Days on Market

About This Home

As of February 2024

Here is an opportunity to build your portfolio! This 3-unit multi-family in Madison Park has lots of character and endless possibilities. This building has 4 levels with 3 apartments. Each unit has 1 bathroom, separate utilities, and gas heat. Parking in the rear or on the street. Each tenant renting an apartment or room is on a month-to-month lease. Rents can be raised to higher market rent.
This amazing location is a short walk away from Penn Station for Amtrack & MarcTrain, the Light Rail, Mt. Vernon, and the Baltimore Symphony Orchestra. Easy access to 83, and 95.

Last Agent to Sell the Property

Diana Brown

(410) 702-8903 ihavethekeytoyourhome@gmail.com Cummings & Co. Realtors License #662962 Listed on: 10/10/2023

Cummings & Co. Realtors

Last Buyer's Agent

Samuel Cofer

(202) 203-0954 sam@samcoferiii.com Samson Properties License #660823

Samson Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,657

Year Built

  • Built in 1920

Lot Details

  • Ground Rent of $120 per year

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage
  • On-Street Parking

Home Design

  • Triplex

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • 3 Units
  • Madison Park Historic District Subdivision

Listing and Financial Details

  • Tax Lot 025
  • Assessor Parcel Number 0314120379 025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,657

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Ground Rent
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, On Street

Utilities

  • Central Air Conditioning: No
  • 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 Units: Square Feet
  • Zoning: R-7
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 120.00
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1657.00
  • Assessor Parcel Number: 0314120379 025
  • Tax Lot: 025
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Feb 5, 2024
Sold by
Thompson William F
Bought by
Fikeru Dina and Fikeru Ruth Ayda
Seller's Agent
Diana Brown
Cummings & Co. Realtors
Buyer's Agent
Samuel Cofer
Samson Properties
List Price
$299,000
Sold Price
$250,000
Premium/Discount to List
-$49,000
-16.39%
Views
9
Current Estimated Value
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,000
Avg. Annual Appreciation
12.38%
Original Mortgage
$300,007
Interest Rate
5%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Fikeru Dina $250,000 Ktl Title
Fikeru Dina $250,000 Ktl Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fikeru Dina $300,007
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2024 02/05/24 Sold $250,000 -20.6% --
10/27/2023 10/27/23 Price Changed $315,000 +5.4% --
10/10/2023 10/10/23 For Sale $299,000 -- --
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
2025 $1,649 $70,200 $14,000 $56,200
2024 $1,649 $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

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Map

Source: Bright MLS

MLS Number: MDBA2102072

Bright MLS

APN: 0379-025