NOT LISTED FOR SALE

1422 Park Ave Baltimore, MD 21217

Bolton Hill Neighborhood

Estimated Value: $697,225 - $728,000

-- Bed
6 Baths
4,752 Sq Ft
$150/Sq Ft Est. Value

Last Sold January 13, 2017

Last sale price $550,000 $116 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,094/month

65 Days on Market

Highlights

  • No HOA
  • Property is in very good condition
  • 2-minute walk to Mosher Street Park
  • Window Unit Cooling System
  • Radiator

About This Home

As of January 2017

Profitably operating, Multi-Family 4 unit EOG building in beautiful Bolton Hill. Roof and mechanicals in good condition with excellent record of occupancy. Well located near MICA, U of B, Penn Station and many amenities. Close to downtown and to Rte 83.Call L/A for appointment, 24 hour notice required. No FHA contracts. L/A must accompany showings

Last Agent to Sell the Property

C J (Joe) Lo Bianco

Long & Foster Real Estate, Inc. Listed on: 08/27/2016

Last Buyer's Agent

Lee Wang

Fortune Washington Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,723

Year Built

  • Built in 1920

Lot Details

  • 2,701

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Unfinished Basement

  • Connecting Stairway
  • Rear Basement Entry

Schools

  • Mount Royal Elementary-Middle School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Natural Gas Water Heater

Additional Features

  • Fireplace Mantel
  • Property is in very good condition

Listing and Financial Details

  • Tax Lot 013
  • Assessor Parcel Number 0314140382 013

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Bolton Hill Historic District Subdivision

Building Details

  • Operating Expense $24,892

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,723

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: Profitably operating, Multi-Family 4 unit EOG building in beautiful Bolton Hill. Roof and mechanicals in good condition with excellent record of occupancy. Well located near MICA, U of B, Penn Station and many amenities. Close to downtown and to Rte 83.Call L/A for appointment, 24 hour notice required. No FHA contracts. L/A must accompany showings
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Features: Mantel(s)
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Rear Entrance, Connecting Stairway, Unfinished
  • Price Per Sq Ft: 126.26
  • Street Number Modifier: 1422

Exterior Features

  • Construction Materials: Brick
  • Roof: Rubber
  • 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)
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • Elementary School: MOUNT ROYAL ELEMENTARY-MIDDLE SCHOOL
  • School District Key: 121137830454
  • Elementary School: MOUNT ROYAL ELEMENTARY-MIDDLE SCHOOL

Lot Info

  • Improvement Assessed Value: 304400.00
  • Land Assessed Value: 100000.00
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: 7
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12970222
  • Tax Annual Amount: 8722.56
  • Assessor Parcel Number: 0314140382 013
  • Tax Lot: 013
  • Tax Total Finished Sq Ft: 4752
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 01/13/2017

Multi Family

  • Gross Income: 70620.00
  • Operating Expense: 24892.00
  • Vacancy Allowance Rate: 10.00

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2023
Sold by
Dipietro Ralph J
Bought by
Wonder City Llc
Current Estimated Value
$712,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 27, 2016
Closed on
Jan 13, 2017
Sold by
Crowley Margaret A
Bought by
Zewdi Real Estate Holdings Llc
Seller's Agent
C J (Joe) Lo Bianco
Long & Foster Real Estate, Inc.
Buyer's Agent
Lee Wang
Fortune Washington Realty Group LLC
List Price
$600,000
Sold Price
$550,000
Premium/Discount to List
-$50,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.98%
Original Mortgage
$412,500
Interest Rate
4.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 28, 1998
Sold by
Kiese Karen
Bought by
Crowley George E and Crowley Margaret A
Source: Public Records

Range of Values:

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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
Wonder City Llc $580,000 Atlantic Title
Zewdi Real Estate Holdings Llc $550,000 Commercial Title Co Llc
Crowley George E $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wonder City Llc $796,250
Previous Owner Wonder City Llc $546,000
Previous Owner Zewdi Real Estate Holdings Llc $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2017 01/13/17 Sold $550,000 -8.3% $116 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
08/27/2016 08/27/16 For Sale $600,000 -- $126 / 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 $14,900 $681,300 $100,000 $581,300
2024 $14,900 $634,367 $0 $0
2023 $13,863 $587,433 $0 $0
2022 $12,756 $540,500 $100,000 $440,500
2021 $11,728 $496,967 $0 $0
2020 $10,701 $453,433 $0 $0
2019 $9,628 $409,900 $100,000 $309,900
2018 $9,630 $408,067 $0 $0
2017 $9,587 $406,233 $0 $0
2016 $8,406 $404,400 $0 $0
2015 $8,406 $369,600 $0 $0
2014 $8,406 $334,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    C J (Joe) Lo Bianco

    Long & Foster

    Section Image
  • Lee Wang

    Buyer's Agent in 2017

    Lee Wang

    Fortune Washington Realty Group LLC

    (410) 312-0000

    7 Total Sales

    Lee Wang
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001154983

Bright MLS

APN: 0382-013

Maryland Baltimore City County Baltimore 21217 Bolton Hill

1422 Park Ave, Baltimore, MD

This home is located at 1422 Park Ave, Baltimore, MD 21217 since 27 August 2016 and is currently estimated at $712,613, approximately $149 per square foot. This property was built in 1920. 1422 Park Ave is a home located in Baltimore City with nearby schools including Mount Royal Elementary/Middle School, Booker T. Washington Middle School, and Frederick Douglass High School.

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