NOT LISTED FOR SALE

Estimated Value: $436,000 - $544,000

Studio
5 Baths
-- Sq Ft
2,614 Sq Ft

Last Sold June 06, 2023

Last sale price $416,000

Est. 18% increase in value since last sale

Current estimated payment $3,107/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • 3-minute walk to Wilson and Etting Park

About This Home

As of June 2023

Nestled in the Madison Park area of Baltimore City, this adorable fully occupied 3-unit apartment building, with exposed brick in the units, is ready to be added to your rental investment portfolio or for personal use as a house hack. The property comes with one 3-bedroom/3 bath unit and two 2-bedroom/2 bath units. Each has it's own washer and dryer in the unit. The property also comes with a rear parking pad.

Close to many amenities, the tenants are able to access schools, restaurants, etc. You can quickly get to Downtown or jump on I-83 or even get to 95 in no time to travel to Towson or DC. Call with any questions and for a showing!

Last Agent to Sell the Property

Tawanda Thomas

(301) 249-1600 tawanda@thebexgroup.com Long & Foster Real Estate, Inc. Listed on: 05/11/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Teairra Jones

(703) 378-8810 Teairrajones88@gmail.com Samson Properties License #0225258395

Samson Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,657

Year Built

  • Built in 1920

Lot Details

  • 2,640 Sq Ft Lot
  • Ground Rent of $132 per year

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Permanent Foundation

Kitchen

  • Gas Oven or Range
  • Microwave

Laundry

  • Electric Dryer
  • Washer

Basement

  • English Basement

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 002
  • Assessor Parcel Number 0314130341 002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,657

Year Built

Built in 1920

Lot Details

2,640 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Ground Rent
  • Exclusions: Tenants' Property
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dryer - Electric, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Foundation Details: Permanent
  • Basement: Yes
  • Basement Type: English
  • 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: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, 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
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Utilities: Sewer Available, Natural Gas Available, Electric Available
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 56200.00
  • Land Assessed Value: 14000.00
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2640.00
  • Zoning: R-7
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Ground Rent Amt: 132.00
  • Ground Rent Pymnt Freq: Annually
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12969982
  • Tax Annual Amount: 1657.00
  • Assessor Parcel Number: 0314130341 002
  • Tax Lot: 002
  • 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
May 11, 2023
Closed on
Jun 16, 2023
Sold by
Weston Crystal H
Bought by
Nimely Celia
Seller's Agent
Tawanda Thomas
Long & Foster Real Estate, Inc.
Buyer's Agent
Teairra Jones
Samson Properties
List Price
$400,000
Sold Price
$416,000
Premium/Discount to List
$16,000
4%
Views
40
Current Estimated Value
$490,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,319
Avg. Annual Appreciation
6.28%
Original Mortgage
$408,363
Outstanding Balance
$392,162
Interest Rate
5%
Mortgage Type
FHA
Estimated Equity
$98,157

Purchase Details

Closed on
Jul 6, 2021
Sold by
Walling Gregory J and Palumbo Vincent
Bought by
Weston Crystal H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2009
Sold by
Iti Llc
Bought by
Walling Gregory J and Palumbo Vincent

Purchase Details

Closed on
Apr 26, 2006
Sold by
Holiness Church Of
Bought by
Iti Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 1998
Sold by
Madison Street Properties
Bought by
Shamrock Exchange Inc

Purchase Details

Closed on
May 17, 1991
Sold by
The Emmanual Christian
Bought by
Holiness Church Of
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
Nimely Celia $416,000 Lakeside Title
Weston Crystal H $320,000 New World Title
Walling Gregory J $200,000 --
Iti Llc $198,500 --
Shamrock Exchange Inc $24,000 --
Holiness Church Of $6,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nimely Celia $408,363
Previous Owner Weston Crystal H $245,000
Previous Owner Iti Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2023 06/06/23 Sold $416,000 +4.0% --
05/15/2023 05/15/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $400,000 -- --
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 $7,056 $415,500 $60,000 $355,500
2024 $7,056 $300,400 -- --
2023 $1,657 $70,200 $14,000 $56,200
2022 $1,657 $70,200 $14,000 $56,200
2021 $1,576 $66,800 $0 $0
2020 $1,496 $63,400 $0 $0
2019 $1,409 $60,000 $12,000 $48,000
2018 $1,416 $60,000 $12,000 $48,000
2017 $1,416 $60,000 $0 $0
2016 $521 $70,200 $0 $0
2015 $521 $66,800 $0 $0
2014 $521 $63,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2083198

Bright MLS

APN: 0341-002

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