NOT LISTED FOR SALE

1501 E Baltimore St Baltimore, MD 21231

Washington Hill Neighborhood

Estimated Value: $490,857

5 Beds
3 Baths
2,424 Sq Ft
$202/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $506,000 $209 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,158/month

109 Days on Market

Highlights

  • Federal Architecture
  • Central Air
  • Radiant Heating System
  • Wood Flooring
  • Property is in very good condition
  • 1-minute walk to City Springs Park

About This Home

As of October 2023

Exceptional Properties. Exceptional Clients. Welcome to 1501 E Baltimore! This stunning multiunit has been meticulously maintained and is ready for its new owner. The first-floor unit features an open floor plan, two bedrooms, and one bathroom. High ceilings and tons of natural light amplify the living space. The basement provides a large storage area and laundry. The upstairs unit showcases 3 generously sized bedrooms and a 4th room that could be used as a bedroom or office. The eat-in kitchen provides tons of storage space and updated appliances. The unit is filled with natural light, exposed brick, and original wood finishes. HVAC 2018, HWH 2019. Proximity to Hopkins and the new Perkins Homes development are great for long term appreciation. Separate entrances and utilities make this perfect for an investor or someone looking to live in one unit and rent the other! Rental potential: $3600-$4000/month for long term leases, $4500-4750/month for midterm leases (90 day minimum)

Last Listed By

Ashley Stearns

AB & Co Realtors, Inc. License #5002878 Listed on: 06/03/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,409

Year Built

  • Built in 1920

Lot Details

  • 1,200 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Federal Architecture
  • Brick Exterior Construction
  • Permanent Foundation

Interior Spaces

  • 2,424 Sq Ft Home
  • Wood Flooring
  • Improved Basement

Kitchen

  • Gas Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Radiant Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Lot 001
  • Assessor Parcel Number 0303011368 001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,409

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-06-03
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Washer, Refrigerator, Oven/Range - Gas
  • Flooring Type: Wood
  • Foundation Details: Permanent
  • Basement: Yes
  • Basement Type: Improved
  • Total Sq Ft: 2424
  • Living Area Sq Ft: 2424
  • Price Per Sq Ft: 204.21
  • Above Grade Finished Sq Ft: 2424
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1501

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

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: C
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1200.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 1409.00
  • Assessor Parcel Number: 0303011368 001
  • Tax Lot: 001
  • Tax Total Finished Sq Ft: 2424
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/20/2023

Multi Family

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

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2023
Closed on
Oct 20, 2023
Sold by
Koronios George P
Bought by
High Hope Organization Limited Liability Comp
Seller's Agent
Ashley Stearns
AB & Co Realtors, Inc.
Buyer's Agent
Kim McBride
RLAH @properties
List Price
$499,000
Sold Price
$506,000
Premium/Discount to List
$7,000
1.4%
Total Days on Market
109
Views
331
Current Estimated Value
$490,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,143
Avg. Annual Appreciation
-1.87%
Original Mortgage
$404,800
Outstanding Balance
$398,389
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$92,468

Purchase Details

Closed on
Jan 23, 2017
Sold by
Trf Dp Holdings Llc
Bought by
1501 E Baltimore Llc

Purchase Details

Closed on
Sep 10, 2011
Sold by
Liv Tabernacle Church Of The
Bought by
Trf Development Partners Oliver Llc

Purchase Details

Closed on
Oct 14, 2004
Sold by
Little Tabernacle Church
Bought by
First Apostolic Faith and Institutional Church, Inc.

Range of Values:

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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
High Hope Organization Limited Liability Comp $506,000 Summit Title
1501 E Baltimore Llc $125,000 None Available
Trf Development Partners Oliver Llc $150,000 --
Trf Development Partners Oliver Llc $150,000 --
First Apostolic Faith $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open High Hope Organization Limited Liability Comp $404,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $506,000 +2.2% $209 / Sq Ft
09/14/2023 09/14/23 Price Changed $495,000 -3.9% $204 / Sq Ft
08/13/2023 08/13/23 Price Changed $515,000 +4.0% $212 / Sq Ft
07/24/2023 07/24/23 Price Changed $495,000 -2.0% $204 / Sq Ft
07/15/2023 07/15/23 Price Changed $505,000 +2.0% $208 / Sq Ft
07/06/2023 07/06/23 Price Changed $495,000 -0.8% $204 / Sq Ft
06/03/2023 06/03/23 For Sale $499,000 0.0% $206 / Sq Ft
04/15/2021 04/15/21 Rented $1,800 0.0% --
03/22/2021 03/22/21 Under Contract -- -- --
03/02/2021 03/02/21 For Rent $1,800 -- --
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
2024 $4,924 $209,633 $0 $0
2023 $1,440 $61,300 $12,000 $49,300
2022 $1,409 $59,700 $0 $0
2021 $1,371 $58,100 $0 $0
2020 $1,333 $56,500 $12,000 $44,500
2019 $1,327 $56,500 $12,000 $44,500
2018 $1,333 $56,500 $12,000 $44,500
2017 $1,388 $58,800 $0 $0
2016 $2,918 $52,533 $0 $0
2015 $2,918 $46,267 $0 $0
2014 $2,918 $40,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ashley Stearns

    Seller's Agent in 2023

    Ashley Stearns

    AB & Co Realtors, Inc.

    (410) 300-5256

    2 in this area

    99 Total Sales

    Ashley Stearns
    Section Image
  • Annie Balcerzak

    Seller Co-Listing Agent in 2023

    Annie Balcerzak

    AB & Co Realtors, Inc.

    (410) 627-8998

    1 in this area

    681 Total Sales

    Annie Balcerzak
    Section Image
  • Kim McBride

    Buyer's Agent in 2023

    Kim McBride

    Real Living at Home

    (410) 750-0933

    1 in this area

    85 Total Sales

    Kim McBride
    Section Image
  • Robert Wiley

    Seller's Agent in 2021

    Robert Wiley

    Samson Properties

    (410) 961-3610

    117 Total Sales

    Robert Wiley
    Section Image
  • Ann Fechner

    Buyer's Agent in 2021

    Ann Fechner

    Cummings & Co Realtors

    (443) 615-9211

    70 Total Sales

    Ann Fechner
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDBA2087658

Bright MLS

APN: 1368-001

Maryland Baltimore City County Baltimore 21231 Washington Hill

1501 E Baltimore St, Baltimore, MD

Homes for Sale in Baltimore, MD

This home is located at 1501 E Baltimore St, Baltimore, MD 21231 since 03 June 2023 and is currently estimated at $490,857, approximately $202 per square foot. This property was built in 1920. 1501 E Baltimore St is a home located in Baltimore City with nearby schools including Booker T. Washington Middle School, Paul Laurence Dunbar Community High School, and Digital Harbor High School.

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