NOT LISTED FOR SALE

1425 Light St Baltimore, MD 21230

Riverside Neighborhood

Estimated Value: $407,000 - $536,216

Studio
3 Baths
3,835 Sq Ft
$123/Sq Ft Est. Value

Last Sold January 02, 2024

Last sale price $510,000 $133 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,253/month

147 Days on Market

Highlights

  • City View
  • Corner Lot
  • 5-minute walk to Henry Street Dog Park
  • Federal Architecture
  • Forced Air Heating and Cooling System

About This Home

As of January 2024

Perfect "live-work" setup, MUST SEE INVESTMENT OPPORTUNITY! Excellent office location in the heart of Federal Hill! Great visibility, on highly trafficked Light Street, just steps from the Cross Street Market, shops, restaurants/pubs and retail. Very nice 2 level space that lends itself for many uses, including medical, insurance, veterinary, attorney office to name a few. Has been a very well maintained, and continuously used as a Chiropractic office since the 1930's. Currently configured with a reception/waiting area, 4 exam rooms, and a therapy area on the 1st floor; On the 2nd level are 3 very large offices and a full bathroom. Full unfinished stand-up basement for storage. The 3rd floor has a separate apartment with Kitchen, Large Bedroom and full Bath, ideal for additional office space/conference room and break area, or a Live-Work setup!

Last Agent to Sell the Property

Jonathan Mester

(410) 583-0400 gschlectic@homesale.com Berkshire Hathaway HomeServices Homesale Realty License #666532 Listed on: 06/09/2023

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Jonathan Mester

(410) 583-0400 gschlectic@homesale.com Berkshire Hathaway HomeServices Homesale Realty License #666532 Listed on: 06/09/2023

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,376

Year Built

  • Built in 1900

Lot Details

  • 1,215 Sq Ft Lot
  • Lot Dimensions are 15x81
  • Corner Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Federal Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation

Interior Spaces

  • 3,835 Sq Ft Home
  • City Views

Location

  • Urban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Federal Hill Historic District Subdivision
  • 2 Vacant Units

Listing and Financial Details

  • Tax Lot 001
  • Assessor Parcel Number 0324030983 001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,376

Year Built

Built in 1900

Lot Details

1,215 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Block, Brick/Mortar
  • Total Sq Ft: 3835
  • Living Area Sq Ft: 3835
  • Price Per Sq Ft: 143.42
  • Above Grade Finished Sq Ft: 3835
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • View: City
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: 3rd Party

Lot Info

  • Lot Features: Corner
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15x81
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1215.00
  • Property Condition: Good
  • Zoning: R8*
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9376.00
  • Assessor Parcel Number: 0324030983 001
  • Tax Lot: 001
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

Multi Family

  • Number Of Units Vacant: 2

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Jan 2, 2024
Sold by
Spector Norman and Spector Harriette M
Bought by
Jesda Properties Llc
Seller's Agent
Jonathan Mester
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Jonathan Mester
Berkshire Hathaway HomeServices Homesale Realty
List Price
$550,000
Sold Price
$510,000
Premium/Discount to List
-$40,000
-7.27%
Views
236
Current Estimated Value
$471,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,392
Avg. Annual Appreciation
-3.51%
Original Mortgage
$408,000
Interest Rate
6.6%
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
Jesda Properties Llc $510,000 Rgs Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jesda Properties Llc $408,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2024 01/02/24 Sold $510,000 -7.3% $133 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $550,000 +7.8% $143 / Sq Ft
09/01/2023 09/01/23 Off Market $510,000 -- --
07/07/2023 07/07/23 Price Changed $550,000 -8.2% $143 / Sq Ft
06/09/2023 06/09/23 For Sale $599,000 -- $156 / Sq Ft
Source: Bright MLS

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 $9,585 $413,100 -- --
2024 $9,585 $408,100 -- --
2023 $9,513 $403,100 $80,000 $323,100
2022 $9,376 $397,267 $0 $0
2021 $9,238 $391,433 $0 $0
2020 $8,235 $385,600 $80,000 $305,600
2019 $8,193 $385,600 $80,000 $305,600
2018 $8,336 $385,600 $80,000 $305,600
2017 $8,582 $392,500 $0 $0
2016 $4,886 $389,967 $0 $0
2015 $4,886 $407,500 $0 $0
2014 $4,886 $384,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Mester

    Seller's Agent in 2024

    Jonathan Mester

    Berkshire Hathaway HomeServices Homesale Realty

    (410) 292-8430

    2 in this area

    36 Total Sales

    Jonathan Mester
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Map

Source: Bright MLS

MLS Number: MDBA2088734

Bright MLS

APN: 0983-001

Maryland Baltimore City County Baltimore 21230 Riverside

1425 Light St, Baltimore, MD

Not Listed for Sale

MultiFamily

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