1420 Light St Baltimore, MD 21230
Riverside Neighborhood
--
Bed
--
Bath
3,288
Sq Ft
1,635
Sq Ft Lot
Highlights
- Open Floorplan
- Wood Flooring
- Eat-In Kitchen
- Federal Architecture
- No HOA
- Forced Air Heating and Cooling System
About This Home
As of December 2021Fantastic opportunity to own a fully leased 5-unit apartment property in Baltimore's Most Popular Rental Market - Federal Hill! Make positive cash flow from day one! All apartments have granite counters, wood cabinets, new appliances, cute/attractive light fixtures, modern/updated bathrooms with ceramic tile. Mix of 3 Studio apartments and 2 one-bedroom apartments makes this a desirable easy-to-rent building. The 3 Studio apts have electric heat while the 2 one-bedrooms have gas forced air heat with central air. Great location with a 94 Walk Score that is 2 blocks from the newly renovated Cross Street Market and 5 blocks to Baltimore's Inner Harbor. This building is Certified Lead-Free Limited. Rents: 1F Studio=$1,000, 1R 1BR=$1,295, 2F Studio=$849, 2R 1BR=$1,295, 3 Studio=$1,015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,333
Year Built
- Built in 1920
Lot Details
- 1,635 Sq Ft Lot
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- Federal Architecture
- Brick Exterior Construction
- Brick Foundation
- Rubber Roof
Interior Spaces
- 3,288 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- Fire Escape
Kitchen
- Eat-In Kitchen
- Kitchen in Efficiency Studio
- Electric Oven or Range
- Dishwasher
Flooring
- Wood
- Laminate
- Ceramic Tile
Laundry
- Electric Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Electric Baseboard Heater
- 200+ Amp Service
- Natural Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 010
- Assessor Parcel Number 0323120981 010
Community Details
Overview
- No Home Owners Association
- 4 Units
- 3-Story Building
- Federal Hill Historic District Subdivision
Building Details
- Gross Income $66,228
- Net Operating Income $46,248
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 18, 2021
Sold by
Roberta S Cowley Revocable Trust
Bought by
1429 Marshall Llc
Current Estimated Value
Purchase Details
Closed on
Mar 3, 2016
Sold by
Cowley Roberta S
Bought by
Cowley Roberta S and Roberta S Cowley Revocable Tru
Purchase Details
Closed on
May 20, 2010
Sold by
Cowley R Adams
Bought by
Cowley Roberta S
Similar Homes in Baltimore, MD
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Friedman Jeffrey A | |
| Interfamily Deed Transfer | -- | Attorney | |
| Deed | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2022 03/07/22 | Rented | $895 | 0.0% | -- |
| 02/14/2022 02/14/22 | For Rent | $895 | 0.0% | -- |
| 12/17/2021 12/17/21 | Sold | $735,000 | 0.0% | $224 / Sq Ft |
| 10/07/2021 10/07/21 | Pending | -- | -- | -- |
| 08/07/2021 08/07/21 | For Sale | $735,000 | -- | $224 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,867 | $347,967 | -- | -- |
| 2024 | $7,867 | $334,933 | $0 | $0 |
| 2023 | $7,561 | $321,900 | $100,000 | $221,900 |
| 2022 | $7,465 | $316,300 | $0 | $0 |
| 2021 | $7,333 | $310,700 | $0 | $0 |
| 2020 | $7,200 | $305,100 | $100,000 | $205,100 |
| 2019 | $6,813 | $290,067 | $0 | $0 |
| 2018 | $6,491 | $275,033 | $0 | $0 |
| 2017 | $7,410 | $314,000 | $0 | $0 |
| 2016 | $4,382 | $269,400 | $0 | $0 |
| 2015 | $4,382 | $224,800 | $0 | $0 |
| 2014 | $4,382 | $180,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2022
Sadek Momayezi
Samson Properties
(410) 967-6919
1 in this area
12 Total Sales
-
Buyer's Agent in 2022
Curtis LeMay
Real Estate Depot
(410) 294-0029
1 in this area
71 Total Sales
-
Seller's Agent in 2021
Ben Frederick
Live BFR, LLC
(410) 752-6400
1 in this area
26 Total Sales
Map
Source: Bright MLS
MLS Number: MDBA2007598
APN: 0981-010
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