NOT LISTED FOR SALE

1427 S Hanover St Baltimore, MD 21230

Riverside Neighborhood

Estimated Value: $398,279 - $474,000

3 Beds
2 Baths
2,288 Sq Ft
$191/Sq Ft Est. Value

Last Sold April 21, 2020

Last sale price $310,000 $135 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,931/month

Highlights

  • Second Kitchen
  • Wood Flooring
  • 1 Car Detached Garage
  • Colonial Architecture
  • No HOA
  • Double Pane Windows

About This Home

As of April 2020

Great opportunity to own a 2 unit investment property located in Federal Hill. Both units already have tenants for 1 year. Well maintained and ready for immediate occupancy. Lower unit is on main level. 1 bedroom 1 bath. Upper unit two floors, with 2 bedroom 1 bath. Annual rental income $32,400. Separate meters for hvac units and water heaters. Also the option to live in one and rent the other or turn the townhouse back to single unit. Great location close to 95.

Last Agent to Sell the Property

Peter Sonntag

(443) 745-6456 pwsonntag@gmail.com Taylor Properties Listed on: 01/15/2019

Taylor Properties

Last Buyer's Agent

camille peeples

(240) 478-3161 camille.peeples@yahoo.com Village Premier Collection Maryland License #675403

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,575

Year Built

  • Built in 1900

Parking

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

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Plaster Walls

Interior Spaces

  • 2,288 Sq Ft Home
  • Property has 3 Levels
  • Crown Molding
  • Double Pane Windows
  • Vinyl Clad Windows
  • Insulated Doors
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Second Kitchen
  • Kitchen in Efficiency Studio
  • Gas Oven or Range

Bedrooms and Bathrooms

Laundry

  • Laundry on upper level
  • Stacked Washer and Dryer

Home Security

Schools

  • Federal Hill Preparatory Middle School

Additional Features

  • Level Entry For Accessibility
  • Ground Rent of $40 semi-annually
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 007
  • Assessor Parcel Number 0323060993 007

Community Details

Overview

  • No Home Owners Association
  • Federal Hill Historic District Subdivision

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,575

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Accessibility Features: Level Entry - Main
  • Ownership: Ground Rent
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1900
  • Remarks Public: Great opportunity to own a 2 unit investment property located in Federal Hill. Both units already have tenants for 1 year. Well maintained and ready for immediate occupancy. Lower unit is on main level. 1 bedroom 1 bath. Upper unit two floors, with 2 bedroom 1 bath. Annual rental income $32,400. Separate meters for hvac units and water heaters. Also the option to live in one and rent the other or turn the townhouse back to single unit. Great location close to 95.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer/Dryer Stacked, Refrigerator, Oven/Range - Gas
  • Interior Amenities: 2nd Kitchen, Crown Moldings, Kitchen - Efficiency, Wood Floors
  • Window Features: Double Pane, Vinyl Clad
  • Fireplace: No
  • Door Features: Insulated, Storm
  • Wall Ceiling Types: Dry Wall, Masonry, Plaster Walls
  • Levels Count: 3+
  • Room List: Bedroom 3, Bedroom 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2288
  • Living Area Sq Ft: 2288
  • Price Per Sq Ft: 135.49
  • Above Grade Finished Sq Ft: 2288
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1427

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • Middle School: FEDERAL HILL PREPARATORY SCHOOL
  • Middle School Source: 3rd Party
  • School District Key: 121137830454
  • School District Source: 3rd Party
  • Middle Or Junior School: FEDERAL HILL PREPARATORY SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 186500.00
  • Land Assessed Value: 140000.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2019
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 40.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Semi-Annually
  • Total Actual Rent: 33600.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13024853
  • Tax Annual Amount: 7575.00
  • Assessor Parcel Number: 0323060993 007
  • Tax Lot: 007
  • Tax Total Finished Sq Ft: 2288
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 04/21/2020

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
Jan 15, 2019
Closed on
Apr 21, 2020
Sold by
Phillips Russell S and Phillips Samuel L
Bought by
Thomas Ebenezer
Seller's Agent
Peter Sonntag
Taylor Properties
Buyer's Agent
camille peeples
Village Premier Collection Maryland
List Price
$350,000
Sold Price
$310,000
Premium/Discount to List
-$40,000
-11.43%
Current Estimated Value
$436,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,140
Avg. Annual Appreciation
6.81%
Original Mortgage
$304,385
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 5, 2007
Sold by
Phillips Russell Scott
Bought by
Phillips Descendant'S Trust and The

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,837
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2000
Sold by
Beam Mark L
Bought by
Phillips Russell Scott
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
Thomas Ebenezer $310,000 Monarch Title Inc
Phillips Descendant'S Trust $420,000 --
Phillips Russell Scott $97,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Ebenezer $304,385
Previous Owner Phillips Descendant'S Trust $253,837
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2020 04/21/20 Sold $310,000 0.0% $135 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
12/26/2019 12/26/19 Price Changed $310,000 -7.5% $135 / Sq Ft
02/28/2019 02/28/19 Price Changed $335,000 -4.3% $146 / Sq Ft
01/15/2019 01/15/19 For Sale $350,000 -- $153 / 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 $7,414 $322,533 -- --
2024 $7,414 $315,667 $0 $0
2023 $7,253 $308,800 $140,000 $168,800
2022 $7,288 $308,800 $140,000 $168,800
2021 $7,288 $308,800 $140,000 $168,800
2020 $7,705 $326,500 $140,000 $186,500
2019 $7,540 $321,000 $0 $0
2018 $7,446 $315,500 $0 $0
2017 $7,316 $310,000 $0 $0
2016 $8,945 $296,667 $0 $0
2015 $8,945 $312,000 $0 $0
2014 $8,945 $270,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peter Sonntag

    Seller's Agent in 2020

    Peter Sonntag

    Taylor Properties

    (443) 745-6456

    3 Total Sales

    Peter Sonntag
    Section Image
  • camille peeples

    Buyer's Agent in 2020

    camille peeples

    Village Premier Collection Maryland

    (240) 478-3161

    camille peeples
    Section Image
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Map

Source: Bright MLS

MLS Number: MDBA305246

Bright MLS

APN: 0993-007

Maryland Baltimore City County Baltimore 21230 Riverside

1427 S Hanover St, Baltimore, MD

This home is located at 1427 S Hanover St, Baltimore, MD 21230 since 15 January 2019 and is currently estimated at $436,140, approximately $190 per square foot. This property was built in 1900. 1427 S Hanover St is a home located in Baltimore City with nearby schools including Federal Hill Preparatory School, Booker T. Washington Middle School, and Paul Laurence Dunbar Community High School.

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