NOT LISTED FOR SALE

1703 E Lombard St Baltimore, MD 21231

Upper Fells Point Neighborhood

Estimated Value: $251,000 - $256,932

-- Bed
1 Bath
1,380 Sq Ft
$184/Sq Ft Est. Value

Last Sold November 13, 2023

Last sale price $218,000 $158 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,765/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 3-minute walk to Betty Hyatt Community Park

About This Home

As of November 2023

Investor Alert!!! Rare Multi-Unit Opportunity To Add To Your Portfolio In Upper Fells Point. This Two-Unit Building is Zoned Commercial/ Residential. Located Just ½ Block From Broadway on Lombard Street. This Property Has Had Solid Rental Income Over The Years. Long Term Tenants Have Been The Norm At This Location.

The Three-Bedroom & One Bath Multi-Floor Upper Level Unit Comes With A Laundry Hook Up and Separate Side Entrance. First Level Unit Is Zoned For A Community Business Such As An Office Or Small Retail Space Or As A Residential Unit. Maximize Your Rental Income By Putting A Commercial Tenant In The Lower Level While Collecting Rent Flow From The Upper Unit Second And Third Floors. The Upper Unit Is In Need Of Some Cosmetic Touches. The Unit Features New Carpet, Vinyl And Laminate Flooring. Separate BGE Electric Meters And Service Panels Are Provided.

The First Floor Commercial Unit Is Ready For The Build-Out Of Your Business And Comes With Access To The Basement From Both The Interior And Exterior. If Your Option Is A Residential Unit, Laundry Hook Ups Are Provided On The First Floor As Well As Gas Service For A Stove And Kitchen Sink Hook Up. Both Units Are Currently Vacant And Await Your Finishing Touches.

Last Agent to Sell the Property

Bob Mikelskas

Rosario Realty License #0225266340 Listed on: 10/02/2023

Last Buyer's Agent

Lauren DiMartino

EXP Realty, LLC License #680820

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,685

Year Built

  • Built in 1900

Lot Details

  • 1,380 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 049
  • Assessor Parcel Number 0302031744 049

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,685

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-10-02
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Total Sq Ft: 1740
  • Living Area Sq Ft: 1380
  • Price Per Sq Ft: 173.91
  • Above Grade Finished Sq Ft: 1380
  • Below Grade Sq Ft: 360
  • Total Below Grade Sq Ft: 360
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1703

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

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1380.00
  • Year Assessed: 2023
  • Zoning: C-1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4685.00
  • Assessor Parcel Number: 0302031744 049
  • Tax Lot: 049
  • Tax Total Finished Sq Ft: 1380
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/13/2023

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Nov 3, 2023
Sold by
Rowe Thomas M and Rowe Eugenia Alafassos
Bought by
Halbach Developers Llc
Seller's Agent
Bob Mikelskas
Rosario Realty
Buyer's Agent
Lauren DiMartino
EXP Realty, LLC
List Price
$240,000
Sold Price
$218,000
Premium/Discount to List
-$22,000
-9.17%
Views
135
Current Estimated Value
$247,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,217
Avg. Annual Appreciation
9.59%
Original Mortgage
$249,850
Interest Rate
7.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2007
Sold by
Chesapeake Point
Bought by
Rowe Thomas M and Rowe Eugenia Alafassos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2003
Sold by
Grande Monte
Bought by
Chesapeake Point and Associates, Llc

Purchase Details

Closed on
Jun 30, 1999
Sold by
D'Addario Inc
Bought by
Grande Monte

Purchase Details

Closed on
Nov 26, 1997
Sold by
H/G Custom Builders Inc
Bought by
D'Addario Inc
Source: Public Records

Range of Values:

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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
Halbach Developers Llc $218,000 None Listed On Document
Rowe Thomas M $215,000 --
Chesapeake Point $55,000 --
Grande Monte -- --
D'Addario Inc $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halbach Developers Llc $273,000
Previous Owner Halbach Developers Llc $249,850
Previous Owner Rowe Eugenia Alafassos $219,438
Previous Owner Rowe Eugenia Alafassos $216,000
Previous Owner Rowe Thomas M $150,500
Previous Owner Rowe Thomas M $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2023 11/13/23 Sold $218,000 -9.2% $158 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
10/02/2023 10/02/23 For Sale $240,000 -- $174 / 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 $4,935 $221,700 -- --
2024 $4,935 $210,100 $0 $0
2023 $4,685 $198,500 $100,000 $98,500
2022 $4,685 $198,500 $100,000 $98,500
2021 $4,762 $201,800 $100,000 $101,800
2020 $4,914 $208,200 $100,000 $108,200
2019 $4,890 $208,200 $100,000 $108,200
2018 $4,914 $208,200 $100,000 $108,200
2017 $4,914 $208,200 $0 $0
2016 $4,524 $203,500 $0 $0
2015 $4,524 $198,800 $0 $0
2014 $4,524 $194,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bob Mikelskas

    Seller's Agent in 2023

    Bob Mikelskas

    Rosario Realty

    (410) 375-2990

    1 in this area

    213 Total Sales

    Section Image
  • Lauren DiMartino

    Buyer's Agent in 2023

    Lauren DiMartino

    EXP Realty, LLC

    (850) 381-3888

    1 in this area

    140 Total Sales

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Map

Source: Bright MLS

MLS Number: MDBA2099648

Bright MLS

APN: 1744-049

Maryland Baltimore City County Baltimore 21231 Upper Fells Point

1703 E Lombard St, Baltimore, MD

This home is located at 1703 E Lombard St, Baltimore, MD 21231 since 02 October 2023 and is currently estimated at $253,966, approximately $184 per square foot. This property was built in 1900. 1703 E Lombard St is a home located in Baltimore City with nearby schools including Commodore John Rogers Elementary School, Booker T. Washington Middle School, and Paul Laurence Dunbar Community High School.

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