NOT LISTED FOR SALE

1516 E Madison St Baltimore, MD 21205

Gay Street Neighborhood

Estimated Value: $194,985 - $208,000

3 Beds
2 Baths
330 Sq Ft
$611/Sq Ft Est. Value

Last Sold October 25, 2022

Last sale price $168,000 $509 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,178/month

17 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • 4-minute walk to Madison Square Park
  • No HOA

About This Home

As of October 2022

List price to be opening bid. Online Auction Only! Bidding begins Saturday, September 10th & ends Thursday, September 15th, 2022 at 11:00am. Located only Two Blocks away from Johns Hopkins Hospital! Ideal for Homeowner or as a rental property. Property was gut renovated approximately 10 years ago. The main level includes a living room, dining room, eat-in kitchen. The second level contains 2 bedrooms, 2 full bathrooms and the laundry area. The third level contains 1 bedroom. The lower level is unfinished with storage and mechanicals. Additional features include: • Fenced rear yard with Patio• Central AC
• Wood floors and more!

Last Agent to Sell the Property

Matt Cooper

(410) 828-4838 Matt@alexcooper.com Alex Cooper Auctioneers, Inc. License #BR704493 Listed on: 08/29/2022

Last Buyer's Agent

Matt Cooper

(410) 828-4838 Matt@alexcooper.com Alex Cooper Auctioneers, Inc. License #BR704493 Listed on: 08/29/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,180

Year Built

  • Built in 1920

Lot Details

  • Ground Rent of $42 per year

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 330 Sq Ft Home
  • Property has 4 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 009
  • Assessor Parcel Number 0307081227 009

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,180

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Ground Rent
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: Auction
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Other
  • Levels Count: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 330
  • Below Grade Sq Ft: 330
  • Total Below Grade Sq Ft: 330
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • 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: 36000.00
  • Land Assessed Value: 14000.00
  • Lot Size Units: Square Feet
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 42.00
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12918249
  • Tax Annual Amount: 1180.00
  • Assessor Parcel Number: 0307081227 009
  • Tax Lot: 009
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Oct 25, 2022
Sold by
1516 E Madison St Llc
Bought by
Deng Jing
Seller's Agent
Matt Cooper
Alex Cooper Auctioneers, Inc.
Buyer's Agent
Matt Cooper
Alex Cooper Auctioneers, Inc.
List Price
$90,000
Sold Price
$168,000
Premium/Discount to List
$78,000
86.67%
Views
3
Current Estimated Value
$201,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,493
Avg. Annual Appreciation
5.63%
Original Mortgage
$126,000
Interest Rate
5.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2010
Sold by
M & S Associates Inc
Bought by
City Holdings Llc

Purchase Details

Closed on
Oct 3, 1990
Sold by
Best Investment Inc
Bought by
M & S Associates, Inc.
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Deng Jing $168,000 Tailwind Title
Deng Jing $168,000 Tailwind Title
City Holdings Llc $16,900 None Available
M & S Associates, Inc. $199,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deng Jing $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2022 10/25/22 Sold $168,000 +86.7% $509 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
08/29/2022 08/29/22 For Sale $90,000 -- $273 / Sq Ft
Source: Bright MLS

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 $1,566 $75,000 $14,000 $61,000
2024 $1,566 $66,667 -- --
2023 $1,370 $58,333 $0 $0
2022 $1,180 $50,000 $14,000 $36,000
2021 $1,180 $50,000 $14,000 $36,000
2020 $1,676 $71,000 $0 $0
2019 $1,621 $69,000 $30,000 $39,000
2018 $2,509 $106,333 $0 $0
2017 $2,069 $87,667 $0 $0
2016 $592 $69,000 $0 $0
2015 $592 $76,933 $0 $0
2014 $592 $50,967 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Cooper

    Seller's Agent in 2022

    Matt Cooper

    Alex Cooper Auctioneers, Inc.

    (410) 977-4711

    1 in this area

    178 Total Sales

    Matt Cooper
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Map

Source: Bright MLS

MLS Number: MDBA2058584

Bright MLS

APN: 1227-009

Maryland Baltimore City County Baltimore 21205 Gay Street

1516 E Madison St, Baltimore, MD

Not Listed for Sale

Townhouses

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