Seller's Agent in 2013
William Ganz
Ganz Exclusive Real Estate
(443) 756-3218
18 Total Sales
1621 Cypress St Curtis Bay, MD 21226
Curtis Bay NeighborhoodEstimated Value: $121,000 - $206,000
--
Bed
2
Baths
1,632
Sq Ft
$92/Sq Ft
Est. Value
Highlights
- No HOA
- Ceiling height of 9 feet or more
- Forced Air Heating System
About This Home
As of January 201318.25% Capitalization Rate (Cap Rate) & Motivated Seller! 100% occupied and 100% turnkey. Must be purchased along with 1625 Cypress Street (adjoining property). Existing property management has agreed to stay in place for the new owner with an 8% monthly management fee. Possible expansion to 4 total units based on current utilization of home site footprint.
Last Agent to Sell the Property
Ganz Exclusive Real Estate License #601639 Listed on: 03/24/2011
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,471
Year Built
- Built in 1920
Home Design
- Brick Exterior Construction
Interior Spaces
- Ceiling height of 9 feet or more
Parking
- Dirt Driveway
- On-Street Parking
- Off-Street Parking
Utilities
- Forced Air Heating System
- Natural Gas Water Heater
Listing and Financial Details
- The owner pays for insurance, management, repairs, real estate taxes
- Tax Lot 40
- Assessor Parcel Number 0325087191 040
Community Details
Overview
- No Home Owners Association
- 2 Units
- Curtis Bay Subdivision
Building Details
- Operating Expense $2,500
- Net Operating Income $14,306
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 2, 2013
Sold by
Ljh Properties Llc
Bought by
Hill Larry
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Outstanding Balance
$28,790
Interest Rate
4.56%
Mortgage Type
Stand Alone Second
Estimated Equity
$120,921
Purchase Details
Listed on
Mar 24, 2011
Closed on
Jan 30, 2013
Sold by
Global Novare Inc
Bought by
Ljh Properties Llc
Seller's Agent
William Ganz
Ganz Exclusive Real Estate
Buyer's Agent
William Ganz
Ganz Exclusive Real Estate
List Price
$115,000
Sold Price
$66,100
Premium/Discount to List
-$48,900
-42.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
Original Mortgage
$33,050
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 24, 2008
Sold by
Botelho Edward
Bought by
Global Novare Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 16, 2002
Sold by
Conseco Finance Servicing Corp
Bought by
Botelho Edward
Purchase Details
Closed on
Nov 6, 1997
Sold by
Hugel William M
Bought by
Manning Eugene D
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hill Larry | -- | None Available | |
| Ljh Properties Llc | $66,100 | Residential Title & Escrow C | |
| Global Novare Inc | $70,000 | -- | |
| Botelho Edward | $10,000 | -- | |
| Conseco Finance Servicing Corp | $42,600 | -- | |
| Manning Eugene D | -- | -- | |
| Hugel William M | $60,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hill Larry | $38,000 | |
| Previous Owner | Ljh Properties Llc | $33,050 | |
| Previous Owner | Global Novare Inc | $52,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/30/2013 01/30/13 | Sold | $66,100 | -42.5% | $41 / Sq Ft |
| 08/08/2012 08/08/12 | Pending | -- | -- | -- |
| 03/24/2011 03/24/11 | For Sale | $115,000 | -- | $70 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $517 | $29,000 | -- | -- |
| 2024 | $517 | $22,000 | $0 | $0 |
| 2023 | $352 | $15,000 | $3,000 | $12,000 |
| 2022 | $354 | $15,000 | $3,000 | $12,000 |
| 2021 | $354 | $15,000 | $3,000 | $12,000 |
| 2020 | $496 | $21,000 | $4,000 | $17,000 |
| 2019 | $493 | $21,000 | $4,000 | $17,000 |
| 2018 | $496 | $21,000 | $4,000 | $17,000 |
| 2017 | $802 | $34,000 | $0 | $0 |
| 2016 | $1,542 | $34,000 | $0 | $0 |
| 2015 | $1,542 | $34,000 | $0 | $0 |
| 2014 | $1,542 | $65,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
William Ganz
Map
Source: Bright MLS
MLS Number: 1004355558
APN: 7191-040
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