NOT LISTED FOR SALE

Estimated Value: $192,339 - $199,000

-- Bed
2 Baths
1,760 Sq Ft
$111/Sq Ft Est. Value

Last Sold January 24, 2024

Last sale price $180,000 $102 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,358/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • 90% Forced Air Heating and Cooling System
  • Ceiling Fan

About This Home

As of January 2024

EXCELLENT "TURNKEY" INVESTMENT OPPORTUNITY! SHOWINGS WILL ALLOWED ON SATURDAY 12/23/23 FROM 12PM-1PM. Call agent with any questions. The property is improved by two separate units, one on the level/basement level, the other on the upper level. Unit 1: Situated on the main level and basement level. This unit allows access to both the front and rear of the property. The main level features a living room with original wood flooring, and two bedrooms. The basement level features a spacious and eat-in kitchen, Rec area with walkout access to the driveway, and one full updated bathroom. This unit has a gas furnace, gas hot water heater, and. central a/c. (Separately metered) Unit 2: Situated on the upper level, this unit is accessed from the front of the property with use of street parking. This unit features a kitchen, one bedroom with new carpet, a family room, and one full bathroom. Unit 2 contains window unit air conditioning and electric baseboard heat. Finishes for the units include: tile, carpet, original hardwood flooring, ceiling fans and new appliances. The property is fully occupied and rented though Section 8 for $2,350 per month ($1,350 Unit 1 and $1000 Unit 2). Property is currently Section 8 approved. Water not separately metered, owner currently pays. PROPERTY IS BEING SOLD AS IS.

Last Agent to Sell the Property

Darren Franklin

Coldwell Banker Realty License #669954 Listed on: 12/14/2023

Coldwell Banker Realty

Last Buyer's Agent

Austin Carroll

Keller Williams Legacy

Keller Williams Legacy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,251

Year Built

  • Built in 1945

Lot Details

  • 1,742 Sq Ft Lot
  • Ground Rent
  • Property is in very good condition

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Carpet

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Utilities

  • 90% Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 3-Story Building

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 025
  • Assessor Parcel Number 0308161491 025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,251

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Ground Rent
  • New Construction: No
  • Year Built: 1945
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Water Heater
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Kitchen - Eat-In
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Other
  • Room Count: 4
  • Basement: Yes
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1760
  • Price Per Sq Ft: 140.62
  • Above Grade Finished Sq Ft: 1280
  • Below Grade Finished Sq Ft: 480
  • Below Grade Sq Ft: 160
  • Total Below Grade Sq Ft: 640
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1512

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric, Natural Gas
  • Cooling Type: Central A/C, Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Baseboard - Electric, 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: R-6
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Long Term
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Owner Pays: Water
  • Rent Control: No
  • Total Actual Rent: 28200.00
  • Units Furnished: All
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2251.00
  • Assessor Parcel Number: 0308161491 025
  • Tax Lot: 025
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 01/24/2024

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
Dec 14, 2023
Closed on
Jan 16, 2024
Sold by
Isikwe Peter
Bought by
Sanave Ventures Llc
Seller's Agent
Darren Franklin
Coldwell Banker Realty
Buyer's Agent
Austin Carroll
Keller Williams Legacy
List Price
$180,000
Sold Price
$180,000
Views
43
Current Estimated Value
$195,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,670
Avg. Annual Appreciation
5.87%
Original Mortgage
$135,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 16, 2021
Closed on
Dec 6, 2021
Sold by
Merrell Lloyd
Bought by
Isikwe Peter
Seller's Agent
Merrellyn Lloyd
RE/MAX United Real Estate
Buyer's Agent
Darren Franklin
Coldwell Banker Realty
List Price
$170,000
Sold Price
$190,000
Premium/Discount to List
$20,000
11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.51%
Original Mortgage
$142,500
Interest Rate
3.11%
Mortgage Type
Balloon

Purchase Details

Closed on
May 30, 2006
Sold by
Secretary Of Housing & Urban
Bought by
Lloyd Merrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2005
Sold by
Elsezy Jessica I
Bought by
Secretary Of Housing And Urban and Development , The

Purchase Details

Closed on
Jun 25, 2002
Sold by
Secretary Of Housing & Urban
Bought by
Elsezy Jessica I

Purchase Details

Closed on
Jul 5, 2001
Sold by
Midfirst Bank
Bought by
Secretary Of Housing & Urban and Development , The
Source: Public Records

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
Sanave Ventures Llc $180,000 Terrain Title
Isikwe Peter $190,000 Pokov Sofya
Lloyd Merrell $56,000 --
Secretary Of Housing And Urban $37,300 --
Elsezy Jessica I $33,300 --
Secretary Of Housing & Urban $41,436 --
Midfirst Bank $41,436 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanave Ventures Llc $135,000
Previous Owner Isikwe Peter $142,500
Previous Owner Lloyd Merrell $101,521
Previous Owner Lloyd Merrell $96,000
Previous Owner Lloyd Merrell $15,000
Previous Owner Lloyd Merrell $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2024 01/24/24 Sold $180,000 0.0% $102 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
12/14/2023 12/14/23 For Sale $180,000 -5.3% $102 / Sq Ft
12/06/2021 12/06/21 Sold $190,000 +11.8% $134 / Sq Ft
10/28/2021 10/28/21 For Sale $170,000 -10.5% $120 / Sq Ft
10/21/2021 10/21/21 Off Market $190,000 -- --
10/16/2021 10/16/21 For Sale $170,000 -- $120 / 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 $3,500 $175,800 $20,000 $155,800
2024 $3,500 $149,000 $0 $0
2023 $2,884 $122,200 $0 $0
2022 $2,251 $95,400 $20,000 $75,400
2021 $2,136 $90,500 $0 $0
2020 $2,020 $85,600 $0 $0
2019 $1,895 $80,700 $20,000 $60,700
2018 $1,905 $80,700 $20,000 $60,700
2017 $1,905 $80,700 $0 $0
2016 $2,283 $96,600 $0 $0
2015 $2,283 $96,533 $0 $0
2014 $2,283 $96,467 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2108362

Bright MLS

APN: 1491-025