NOT LISTED FOR SALE

1514 W Mount Royal Ave Baltimore, MD 21217

Bolton Hill Neighborhood

Estimated Value: $734,000

-- Bed
7 Baths
3,744 Sq Ft
$196/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $640,000 $171 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,759/month

6 Days on Market

Highlights

  • 0.06 Acre Lot
  • Wood Flooring
  • Forced Air Heating System
  • Traditional Architecture
  • Ceiling height of 9 feet or more

About This Home

As of November 2024

Fantastic opportunity to purchase a fully occupied 4 Unit in Bolton Hill. Ideal location across the street from MICA, quick walk to Penn Station to grab the Hopkins Shuttle, MARC Train to DC or Amtrak to Philly and NYC. Excellent opportunity for a savvy buyer to live in one unit and rent the other three to offset your mortgage. This is not one of those crummy multifamilies that is tired and old. All the units have been renovated to modern standards with new kitchens and baths. The first floor unit has two beds and one bath. The second floor unit has one bed and one bath. The top floor has a one bedroom and one bath on the front and a studio apartment in the rear. The basement is unfinished. New rear fully fenced back yard and parking for two cars. The owner pays for gas heat and hot water. The top floor units are all electric and pay for their own heat. AC is by way of window units. Stable tenants on year leases with mixed terms. Bolton Hill offers a vibrant community atmosphere, rich in architectural beauty and city life. Notable nearby restaurants include CookHouse, Alma Cocina Latina, Foraged, and Le Comptoir du Vin. Enjoy coffee or lunch at On the Hill Cafe or Llama’s Corner, or catch a show at the Meyerhoff Symphony, The Lyric, or The Charles Theater. Annual events such as the Festival on The Hill, Community Yard Sale, Concerts in the Parks, Easter Egg Hunt, and John St Park Pumpkin Carving add to the neighborhood's charm. Midtown Special Benefits District Surcharge Tax $603.10 annually. Buyers to provide listing agent a pre-approval or proof of funds prior to being approved for all showings. 24 hour notice required. Restricted showing times.

Last Agent to Sell the Property

Jessica Dailey

(443) 838-8204 jessica.dailey@compass.com Compass License #600667 Listed on: 10/02/2024

Compass

Last Buyer's Agent

Jenny Cuevas

(443) 829-6829 jennysellshouses@me.com Samson Properties

Samson Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,271

Year Built

  • Built in 1880

Lot Details

  • 2,700 Sq Ft Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Stone Siding

Interior Spaces

  • 3,744 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • 2 Off-Street Spaces

Schools

  • Mount Royal Elementary-Middle School

Utilities

  • Forced Air Heating System
  • Radiator
  • Heat Pump System
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • 4 Units
  • Bolton Hill Historic District Subdivision

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 027
  • Assessor Parcel Number 0314010369 027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,271

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-10-07
  • Year Built: 1880
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Interior Amenities: Wood Floors
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Brick/Mortar, Stone
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 3744
  • Living Area Sq Ft: 3744
  • Price Per Sq Ft: 170.94
  • Above Grade Finished Sq Ft: 3744
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone, Brick
  • 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: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s), Radiator, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • Elementary School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: MOUNT ROYAL ELEMENTARY-MIDDLE SCHOOL

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2700.00
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Water, Sewer
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10271.11
  • Assessor Parcel Number: 0314010369 027
  • Tax Lot: 027
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Nov 15, 2024
Sold by
Ctp 4 Llc and Ctp Four Llc
Bought by
Obadare Adebimpe
Seller's Agent
Jessica Dailey
Compass
Buyer's Agent
Jenny Cuevas
Samson Properties
List Price
$640,000
Sold Price
$640,000
Views
49
Current Estimated Value
$734,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,000
Avg. Annual Appreciation
14.53%
Original Mortgage
$608,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2016
Closed on
Jun 1, 2016
Sold by
Luttrell Andrew H and Nulman Laura
Bought by
Ctp Four Llc
Seller's Agent
Jessica Dailey
Compass
Buyer's Agent
Quincy Wilson
Cummings & Co. Realtors
List Price
$325,000
Sold Price
$316,000
Premium/Discount to List
-$9,000
-2.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$237,000
Interest Rate
3.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 24, 2013
Sold by
Luttrell Andrew H
Bought by
Luttrell Andrew H and Nulman Laura

Purchase Details

Closed on
Jun 5, 2003
Sold by
Luttrell Andrew H
Bought by
Luttrell Andrew H

Purchase Details

Closed on
Nov 1, 1999
Sold by
Gaasche Glenn T
Bought by
Luttrell Andrew H and Snivelly Deborah C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Obadare Adebimpe $640,000 Cardinal Title Group
Ctp Four Llc $316,000 Attorney
Luttrell Andrew H -- None Available
Luttrell Andrew H -- --
Luttrell Andrew H $149,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Obadare Adebimpe $608,000
Previous Owner Ctp Four Llc $237,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2024 11/15/24 Sold $640,000 0.0% $171 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
10/02/2024 10/02/24 For Sale $640,000 +102.5% $171 / Sq Ft
06/01/2016 06/01/16 Sold $316,000 -2.8% $84 / Sq Ft View Prior Sale
04/24/2016 04/24/16 Pending -- -- --
03/13/2016 03/13/16 For Sale $325,000 -- $87 / 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 $10,731 $495,800 $100,000 $395,800
2024 $10,731 $456,900 $0 $0
2023 $9,818 $418,000 $0 $0
2022 $8,947 $379,100 $100,000 $279,100
2021 $8,718 $369,400 $0 $0
2020 $8,489 $359,700 $0 $0
2019 $8,221 $350,000 $100,000 $250,000
2018 $8,042 $369,300 $100,000 $269,300
2017 $8,128 $369,300 $0 $0
2016 $7,036 $396,200 $0 $0
2015 $7,036 $387,600 $0 $0
2014 $7,036 $379,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jessica Dailey

    Seller's Agent in 2024

    Jessica Dailey

    Compass

    (443) 838-8204

    65 in this area

    281 Total Sales

    Jessica Dailey
    Section Image
  • Jenny Cuevas

    Buyer's Agent in 2024

    Jenny Cuevas

    Samson Properties

    (443) 829-6829

    1 in this area

    65 Total Sales

    Jenny Cuevas
    Section Image
  • Suzanne Ludwig

    Seller Co-Listing Agent in 2016

    Suzanne Ludwig

    Cummings & Co Realtors

    (410) 207-5900

    4 in this area

    23 Total Sales

    Suzanne Ludwig
    Section Image
  • Quincy Wilson

    Buyer's Agent in 2016

    Quincy Wilson

    Cummings & Co Realtors

    (443) 844-7193

    1 in this area

    60 Total Sales

    Quincy Wilson
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDBA2140636

Bright MLS

APN: 0369-027

Maryland Baltimore City County Baltimore 21217 Bolton Hill

1514 W Mount Royal Ave, Baltimore, MD

Not Listed for Sale

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