NOT LISTED FOR SALE

Estimated Value: $538,714 - $629,000

-- Bed
4 Baths
3,240 Sq Ft
$180/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $430,000 $133 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,818/month

6 Days on Market

Highlights

  • Beaux Arts Architecture
  • 4-minute walk to Penn Station
  • Forced Air Heating and Cooling System
  • No HOA
  • Stainless Steel Appliances
  • 5-minute walk to McAllister Park

About This Home

As of March 2020

Fully leased multi family opportunity, right across from Penn Station! This four unit building is rich with original charm and modern updates. All units are separately metered for gas, electric, and water. Each unit has its own water heater, HVAC system and condenser, updated kitchen w/ stainless Viking appliances and granite, and laundry in unit. Two units have lofts installed for additional space. Large basement that could provide potential for additional income, by adding storage lockers. Showings by appt only. Contact listing agent via text/email/cell to schedule.

Last Agent to Sell the Property

Kari Walling

Cummings & Co. Realtors Listed on: 01/06/2020

Cummings & Co. Realtors

Last Buyer's Agent

Ben Garner

Cummings & Co. Realtors

Cummings & Co. Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,718

Year Built

  • Built in 1900

Parking

  • On-Street Parking

Home Design

  • 3,240 Sq Ft Home
  • Quadruplex
  • Beaux Arts Architecture
  • Brick Exterior Construction

Kitchen

  • Gas Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 038
  • Assessor Parcel Number 0312090409 038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,718

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Beaux Arts
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Fully leased multi family opportunity, right across from Penn Station! This four unit building is rich with original charm and modern updates. All units are separately metered for gas, electric, and water. Each unit has its own water heater, HVAC system and condenser, updated kitchen w/ stainless Viking appliances and granite, and laundry in unit. Two units have lofts installed for additional space. Large basement that could provide potential for additional income, by adding storage lockers. Showings by appt only. Contact listing agent via text/email/cell to schedule.
  • Special Features: None

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Oven/Range - Gas, Stainless Steel Appliances, Stove, Washer, Water Heater
  • Basement: Yes
  • Total Sq Ft: 3240
  • Living Area Sq Ft: 3240
  • Price Per Sq Ft: 138.89
  • Above Grade Finished Sq Ft: 3240
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1707

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: 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, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Land Use Code: 003
  • Lot Size Units: Square Feet
  • Year Assessed: 2019
  • Zoning: OR-1
  • In City Limits: Yes

Rental Info

  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5718.00
  • Assessor Parcel Number: 0312090409 038
  • Tax Lot: 038
  • Tax Total Finished Sq Ft: 3240
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 03/13/2020

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Single Room Units Count: 1

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Mar 12, 2020
Sold by
Lella Stephanie
Bought by
Marburger Kelly
Seller's Agent
Kari Walling
Cummings & Co. Realtors
Buyer's Agent
Ben Garner
Cummings & Co. Realtors
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%
Total Days on Market
6
Current Estimated Value
$583,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,857
Avg. Annual Appreciation
6.30%
Original Mortgage
$422,211
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 12, 2017
Closed on
Jan 12, 2018
Sold by
Christian Joanne
Bought by
Lella Stephanie
Seller's Agent
Melvin Knight
Coldwell Banker Realty
Buyer's Agent
Kari Walling
Cummings & Co. Realtors
List Price
$385,000
Sold Price
$345,000
Premium/Discount to List
-$40,000
-10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.79%
Original Mortgage
$338,751
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 2004
Sold by
Martin Esther W
Bought by
Christian Joanne
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
Marburger Kelly $430,000 Definitive Title Llc
Lella Stephanie $345,000 Homeland Title & Escrow Ltd
Christian Joanne $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marburger Kelly $90,000
Open Marburger Kelly $421,728
Previous Owner Marburger Kelly $422,211
Previous Owner Lella Stephanie $338,751
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2020 03/13/20 Sold $430,000 -4.4% $133 / Sq Ft
01/12/2020 01/12/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $450,000 +30.4% $139 / Sq Ft
01/17/2018 01/17/18 Sold $345,000 -1.4% $106 / Sq Ft
11/18/2017 11/18/17 Pending -- -- --
11/14/2017 11/14/17 Price Changed $350,000 -4.1% $108 / Sq Ft
09/19/2017 09/19/17 Price Changed $365,000 -5.2% $113 / Sq Ft
04/12/2017 04/12/17 For Sale $385,000 -- $119 / 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
2024 $8,634 $367,600 $0 $0
2023 $6,933 $331,200 $0 $0
2022 $6,080 $294,800 $90,000 $204,800
2021 $6,544 $277,300 $0 $0
2020 $6,131 $259,800 $0 $0
2019 $5,691 $242,300 $90,000 $152,300
2018 $5,718 $242,300 $90,000 $152,300
2017 $5,718 $242,300 $0 $0
2016 $2,842 $242,300 $0 $0
2015 $2,842 $201,533 $0 $0
2014 $2,842 $160,767 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA495980

Bright MLS

APN: 0409-038