NOT LISTED FOR SALE

1500 W Mount Royal Ave Baltimore, MD 21217

Bolton Hill Neighborhood

Estimated Value: $550,000 - $596,296

Studio
3 Baths
4,200 Sq Ft
$136/Sq Ft Est. Value

Sale Details

Date Sold: January 26, 2024

Last sale price $555,000 $132 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,891 / mo

7 Days on Market

Highlights

  • Transitional Architecture
  • Radiator
  • 5-minute walk to Mosher Street Park
  • Central Air

About This Home

As of January 2024

BEST & FINAL OFFERS DUE BY 5PM ON 12/26. Welcome to 1500 Mt Royal Ave, a distinguished end-of-group three-unit apartment building situated in the picturesque neighborhood of Bolton Hill. This property offers an outstanding opportunity for investors or owner-occupants seeking a prime real estate investment in a desirable location. The property DOES NOT come with parking or the privately owned carriage house at the rear.

Each unit within the building features 2-3 bedrooms, modern kitchens, and baths, providing comfortable and contemporary living spaces. Formerly utilized as dorm housing for MICA students, this property offers versatile potential for various residential uses. There are no rent rolls, P&L etc. This was a dorm for MICA. The units are separately metered for gas and electric and there is a public meter for common area electric.

Nestled in Bolton Hill, residents will appreciate the easy access to a variety of amenities, including cafes, restaurants, and parks. The proximity to Penn Station provides convenient transportation options, including the MARC Train to DC, Amtrak to Philly or NYC, and the Light Rail to BWI, enhancing the connectivity of the neighborhood.

This desirable neighborhood offers a perfect blend of urban convenience and community charm, creating an appealing living environment for all. Whether you're considering it as an investment opportunity or a new place to call home, 1500 Mt Royal Ave presents endless possibilities for investors and potential owner-occupants looking to offset their monthly expenses.

Please note that the carriage house and parking space behind the property are not included in the sale. Additionally, the property is located in a CHAP Historic District and is subject to the Midtown Special Benefits District Surcharge Tax. Buyer to verify zoning with Baltimore City. There is no past rent roll for this property. It was a dormitory for MICA students. Three apartments. Property is delivered vacant, with no tenants.

Don't miss the chance to explore the potential of this exceptional property in Bolton Hill. Schedule a showing today and discover the allure of 1500 Mt Royal Ave.

Last Agent to Sell the Property

Jessica Dailey

(410) 886-7342 jessica.dailey@compass.com Compass License #600667 Listed on: 12/20/2023

Compass

Last Buyer's Agent

Harold Kelly

(443) 542-2251 cornerstone.rem@gmail.com Samson Properties

Samson Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,961

Year Built

  • Built in 1880

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Transitional Architecture
  • Traditional Architecture
  • Victorian Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation

Schools

  • Mount Royal Elementary And Middle School

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tax Lot 020
  • Assessor Parcel Number 0314010369 020

Community Details

Overview

  • 3 Units
  • Bolton Hill Historic District Subdivision

Building Details

  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,961

Year Built

Built in 1880

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Victorian, Transitional, Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-12-21
  • Year Built: 1880
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar, Stone
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 5600
  • Living Area Sq Ft: 4200
  • Price Per Sq Ft: 125.00
  • Above Grade Finished Sq Ft: 4200
  • Below Grade Sq Ft: 1400
  • Total Below Grade Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet

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: 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: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: MOUNT ROYAL
  • Middle Or Junior School: MOUNT ROYAL

Lot Info

  • Lot Size Units: Square Feet
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: None
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8961.00
  • Assessor Parcel Number: 0314010369 020
  • Tax Lot: 020
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Number Of Units Vacant: 3
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2023
Closed on
Jan 26, 2024
Sold by
Bought by
Seller's Agent
Jessica Dailey
Compass
Buyer's Agent
Harold Kelly
Samson Properties
List Price
$525,000
Sold Price
$555,000
Premium/Discount to List
$30,000
5.71%
Views
109
Current Estimated Value
$573,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,148
Avg. Annual Appreciation
1.29%
Original Mortgage
$544,947
Outstanding Balance
$529,802
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$43,346

Purchase Details

Closed on
Aug 11, 2023
Sold by
Bought by

Purchase Details

Closed on
Feb 10, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
6.73%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$555,000 Black Oak Title
$107,000 Legacyhouse Title
$40,000 Masters Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $544,947
Previous Owner $150,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/26/2024 01/26/24 Sold $555,000 +5.7% $132 / Sq Ft
12/27/2023 12/27/23 Pending -- -- --
12/20/2023 12/20/23 For Sale $525,000 -- $125 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,187 $460,700 $100,000 $360,700
2024 $10,187 $433,700
2023 $0 $406,700 $0 $0
2022 $8,961 $379,700 $100,000 $279,700
2021 $8,961 $379,700 $100,000 $279,700
2020 $0 $379,700 $100,000 $279,700
2019 $0 $386,900 $100,000 $286,900
2018 $0 $386,900 $100,000 $286,900
2017 $9,131 $386,900 $0 $0
2016 -- $395,400 $0 $0
2015 -- $395,400 $0 $0
2014 -- $395,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jessica Dailey

    Seller's Agent in 2024

    Jessica Dailey

    Compass

    (443) 838-8204

    55 in this area

    266 Total Sales

    Jessica Dailey
    Section Image
  • Harold Kelly

    Buyer's Agent in 2024

    Harold Kelly

    Samson Properties

    (410) 537-0048

    7 in this area

    157 Total Sales

    Harold Kelly
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDBA2107514

Bright MLS

APN: 0369-020

Maryland Baltimore City County Baltimore 21217 Bolton Hill

1500 W Mount Royal Ave, Baltimore, MD

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