NOT LISTED FOR SALE

1616 E Lafayette Ave Baltimore, MD 21213

Oliver Neighborhood

Estimated Value: $49,000 - $77,320

3 Beds
2 Baths
670 Sq Ft
$94/Sq Ft Est. Value

Last Sold November 07, 2014

Last sale price $13,500 $20 Per Sq Ft

Est. 368% increase in value since last sale

Current estimated payment $425/month

42 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • Dining Area
  • No HOA

About This Home

As of November 2014

Great opportunity with this 3 bedroom 2 bath rowhome! Updated kitchen, hardwood floors, partially finished basement and more! Hurry before this one is gone! This is a Fannie Mae Homepath property.

Last Agent to Sell the Property

Mike Farabaugh

(772) 486-3233 michael.farabaugh@exprealty.com EXP Realty, LLC License #528754 Listed on: 08/22/2014

EXP Realty, LLC

Last Buyer's Agent

Christopher Chamberlin

(443) 980-1818 chris@cummingsrealtors.com Cummings & Co. Realtors License #600315

Cummings & Co. Realtors

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1913

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Stone Siding

Interior Spaces

  • Property has 3 Levels
  • Dining Area
  • Unfinished Basement
  • Connecting Stairway

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Two or More Common Walls
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 030
  • Assessor Parcel Number 0308041102 030

Townhouse Details

Home Type

Townhome

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Ground Rent
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Dining Area
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Unfinished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Stone
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 17000.00
  • Land Assessed Value: 4000.00
  • Lot Size Units: Square Feet
  • Zoning: 0R080
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 12923816
  • Tax Annual Amount: 401.20
  • Assessor Parcel Number: 0308041102 030
  • Tax Lot: 030
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2014
Closed on
Nov 7, 2014
Sold by
Fannie Mae
Bought by
Tenabe Management Inc
Seller's Agent
Mike Farabaugh
EXP Realty, LLC
Buyer's Agent
Christopher Chamberlin
Cummings & Co. Realtors
List Price
$19,000
Sold Price
$13,500
Premium/Discount to List
-$5,500
-28.95%
Current Estimated Value
$63,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,660
Avg. Annual Appreciation
14.76%

Purchase Details

Closed on
Jun 24, 2008
Sold by
Julmer Properties Inc
Bought by
Reid Julia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2007
Sold by
Intercoastal Investment Trust
Bought by
Julmer Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
14.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2005
Sold by
1616 East Lafayette Ave L
Bought by
Leroy Justin K

Purchase Details

Closed on
Oct 17, 2003
Sold by
Pringle Joseph
Bought by
1616 East Lafayette Ave Land and Trust

Purchase Details

Closed on
Jul 10, 2000
Sold by
National Loan Investors Lp
Bought by
Pringle Joseph
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
Tenabe Management Inc $13,500 Mid Atlantic Title Llc
Reid Julia M $12,000 --
Julmer Properties Inc $40,400 --
Intercoastal Investment Trust $22,900 --
Deutsche Bank National Trust $49,500 --
Leroy Justin K $65,900 --
1616 East Lafayette Ave Land $14,000 --
Pringle Joseph $8,500 --
Pringle Joseph $27,017 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reid Julia M $73,000
Previous Owner Deutsche Bank National Trust $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2014 11/07/14 Sold $13,500 -20.6% $20 / Sq Ft
10/03/2014 10/03/14 Pending -- -- --
09/22/2014 09/22/14 Price Changed $17,000 -10.5% $25 / Sq Ft
08/22/2014 08/22/14 For Sale $19,000 -- $28 / 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 $1,174 $60,000 $12,000 $48,000
2024 $1,174 $50,000 -- --
2023 $940 $40,000 $0 $0
2022 $708 $30,000 $7,000 $23,000
2021 $637 $27,000 $0 $0
2020 $566 $24,000 $0 $0
2019 $493 $21,000 $4,000 $17,000
2018 $496 $21,000 $4,000 $17,000
2017 $496 $21,000 $0 $0
2016 $355 $21,000 $0 $0
2015 $355 $19,000 $0 $0
2014 $355 $17,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003174540

Bright MLS

APN: 1102-030