NOT LISTED FOR SALE

1604 Park Ave Baltimore, MD 21217

Bolton Hill Neighborhood

Estimated Value: $833,287 - $898,000

-- Bed
7 Baths
5,005 Sq Ft
$173/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $830,000 $166 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,763/month

85 Days on Market

Highlights

  • Community Pool
  • Radiator
  • 2-minute walk to F. Scott Fitzgerald Park

About This Home

As of September 2024

Beautiful Statuesque 7 unit in prime location of Bolton Hill. Breakdown is 2 Studios with loft, 4 one bedrooms and 1 2bdrm. Great Mix for investment property. Well maintained with stable rental history. All units lead with lead certs, Parking Pad in rear for two cars possibly three. Multifamily 5 unit property next door sold for $895,000 last month.. Solid investment with good annual returns. Cash flows nicely. Property “ Sold As Is”.

Last Agent to Sell the Property

Suzanne Ludwig

(410) 207-5900 sludwig@cbmove.com Cummings & Co. Realtors Listed on: 05/11/2024

Cummings & Co. Realtors

Last Buyer's Agent

Gary Addington

(410) 599-7887 gary@marylandrealestate.us Cummings & Co. Realtors License #523558

Cummings & Co. Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,580

Year Built

  • Built in 1920

Home Design

  • Brick Exterior Construction

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Radiator
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 025
  • Assessor Parcel Number 0314140354 025

Community Details

Recreation

  • Community Pool

Additional Features

  • 4 Units
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,580

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-05-17
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 5720
  • Living Area Sq Ft: 5005
  • Price Per Sq Ft: 203.96
  • Above Grade Finished Sq Ft: 4290
  • Below Grade Finished Sq Ft: 715
  • Below Grade Sq Ft: 715
  • Total Below Grade Sq Ft: 1430
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Units: Square Feet
  • Zoning: R-7
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 12580.00
  • Assessor Parcel Number: 0314140354 025
  • Tax Lot: 025
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2024
Closed on
Nov 12, 2024
Sold by
Asa1 Properties Llc
Bought by
Rf Park Realty Llc
Seller's Agent
Suzanne Ludwig
Cummings & Co. Realtors
Buyer's Agent
Gary Addington
Cummings & Co. Realtors
List Price
$875,000
Sold Price
$830,000
Premium/Discount to List
-$45,000
-5.14%
Views
66
Current Estimated Value
$865,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,644
Avg. Annual Appreciation
3.76%
Original Mortgage
$581,000
Outstanding Balance
$575,556
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$290,088

Purchase Details

Closed on
Oct 27, 2020
Sold by
1604 Park Avenue Llc
Bought by
Asa1 Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 3, 2006
Sold by
Halcyon Holding Co Inc
Bought by
1604 Park Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,750
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
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
Rf Park Realty Llc $830,000 None Listed On Document
Rf Park Realty Llc $830,000 None Listed On Document
Asa1 Properties Llc $731,000 Sage Title Group Llc
1604 Park Avenue Llc $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rf Park Realty Llc $581,000
Closed Rf Park Realty Llc $581,000
Previous Owner Asa1 Properties Llc $545,000
Previous Owner 1604 Park Avenue Llc $334,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2024 09/30/24 Sold $830,000 -5.1% $166 / Sq Ft
08/06/2024 08/06/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $875,000 0.0% $175 / Sq Ft
05/13/2024 05/13/24 Off Market $875,000 -- --
05/12/2024 05/12/24 For Sale $875,000 -- $175 / 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 $14,461 $698,300 $100,000 $598,300
2024 $14,461 $615,667 $0 $0
2023 $12,580 $533,033 $0 $0
2022 $10,629 $450,400 $100,000 $350,400
2021 $10,607 $449,433 $0 $0
2020 $10,584 $448,467 $0 $0
2019 $10,511 $447,500 $100,000 $347,500
2018 $10,561 $447,500 $100,000 $347,500
2017 $10,561 $447,500 $0 $0
2016 $10,901 $509,900 $0 $0
2015 $10,901 $493,333 $0 $0
2014 $10,901 $476,767 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Suzanne Ludwig

    Seller's Agent in 2024

    Suzanne Ludwig

    Cummings & Co Realtors

    (410) 207-5900

    4 in this area

    23 Total Sales

    Suzanne Ludwig
    Section Image
  • Gary Addington

    Buyer's Agent in 2024

    Gary Addington

    Cummings & Co Realtors

    (410) 599-7887

    3 in this area

    127 Total Sales

    Gary Addington
    Section Image
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Map

Source: Bright MLS

MLS Number: MDBA2124952

Bright MLS

APN: 0354-025

Maryland Baltimore City County Baltimore 21217 Bolton Hill

1604 Park Ave, Baltimore, MD

Not Listed for Sale

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