NOT LISTED FOR SALE

1505 E Lafayette Ave Baltimore, MD 21213

Oliver Neighborhood

Estimated Value: $112,366 - $126,000

4 Beds
1.5 Baths
-- Sq Ft
1900 Built

Last Sold August 25, 2021

Last sale price $92,500

Est. 29% increase in value since last sale

Current estimated payment $763/month

8 Days on Market

About This Home

As of August 2021

You Must Wear Mask While Inside The Property!!!!
Calling All Investors!!! Here is your chance to add a LEAD FREE!!! Rental Property To Your Portfolio. The Property Is Located In East Baltimore, In Walking Distance To The Court House, Walgreens and Other Stores and Shops. The Property Is Currently Rented Out To A Tenant Paying $1150 Per Month. The Property Has 4 Bedrooms and 1.5 Bathrooms. Long Term Tenant That Would Love To Stay In The Property. The Will Be A Great Property For Your First Time Investor, Or Your Seasoned Investor Looking To Add To Their Portfolio. The Property Will Be Sold AS-IS The Tenant Will Need 24hr Notice The Property Currently Has Property Management In Place.

Last Agent to Sell the Property

Charles Barnett

(443) 742-3132 charles.barnett@ppmillc.com Samson Properties Listed on: 07/20/2021

Samson Properties

Last Buyer's Agent

Amanda Beale

(410) 507-3866 idealinvestmentinc@gmail.com Cummings & Co. Realtors License #649821

Cummings & Co. Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $629

Year Built

  • Built in 1900

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Property has 4 Levels
  • Stove
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • East Baltimore Midway Subdivision
  • Property Manager

Listing and Financial Details

  • Tax Lot 024
  • Assessor Parcel Number 0308061108 024

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$629

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Stove, Refrigerator, Washer, Dryer
  • Levels Count: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00

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: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 23000.00
  • Land Assessed Value: 7000.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12.00
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 12924381
  • Tax Annual Amount: 629.00
  • Assessor Parcel Number: 0308061108 024
  • Tax Lot: 024
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Aug 25, 2021
Sold by
Nicolau Calin
Bought by
Holland Pierre and Holland Arie Sheritta
Seller's Agent
Charles Barnett
Samson Properties
Buyer's Agent
Amanda Beale
Cummings & Co. Realtors
List Price
$90,000
Sold Price
$92,500
Premium/Discount to List
$2,500
2.78%
Current Estimated Value
$119,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,683
Avg. Annual Appreciation
6.10%
Original Mortgage
$78,625
Outstanding Balance
$71,543
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$47,640

Purchase Details

Listed on
May 14, 2015
Closed on
Dec 2, 2015
Sold by
Bank Of America Na
Bought by
Nicolau Calin
Seller's Agent
Mike Farabaugh
EXP Realty, LLC
Buyer's Agent
John Thomas
Home Towne Real Estate
List Price
$38,000
Sold Price
$24,000
Premium/Discount to List
-$14,000
-36.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.92%

Purchase Details

Closed on
Jul 16, 2015
Sold by
Nationstar Mortgage Llc
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 27, 2015
Sold by
Hall Jerome
Bought by
Nationstar Mortgage Llc and Champion Mortgage Company Of Texas
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
Holland Pierre $92,500 Endeavor Title Llc
Nicolau Calin $24,000 First American Title Ins Co
Bank Of America Na $24,000 Crown Title Corporation
Nationstar Mortgage Llc $34,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holland Pierre $78,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2021 08/25/21 Sold $92,500 +2.8% --
07/20/2021 07/20/21 For Sale $90,000 +275.0% --
12/29/2015 12/29/15 Sold $24,000 0.0% $14 / Sq Ft View Prior Sale
11/11/2015 11/11/15 Pending -- -- --
10/26/2015 10/26/15 Price Changed $24,000 -17.2% $14 / Sq Ft
09/21/2015 09/21/15 Price Changed $29,000 -19.4% $17 / Sq Ft
07/10/2015 07/10/15 Price Changed $36,000 -5.3% $21 / Sq Ft
05/14/2015 05/14/15 For Sale $38,000 -- $22 / 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 $1,616 $88,200 $20,000 $68,200
2024 $1,616 $68,800 $0 $0
2023 $1,160 $49,400 $0 $0
2022 $708 $30,000 $7,000 $23,000
2021 $669 $28,333 $0 $0
2020 $629 $26,667 $0 $0
2019 $587 $25,000 $5,000 $20,000
2018 $590 $25,000 $5,000 $20,000
2017 $590 $25,000 $0 $0
2016 $355 $30,000 $0 $0
2015 $355 $25,000 $0 $0
2014 $355 $20,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2004980

Bright MLS

APN: 1108-024