NOT LISTED FOR SALE

Estimated Value: $886,167

Studio
4 Baths
3,680 Sq Ft
$241/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $950,000 $258 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $6,183/month

Highlights

  • Federal Architecture
  • Central Heating and Cooling System
  • 4-minute walk to Riverside Park

About This Home

As of May 2023

Fully renovated 4 unit property in the heart of Federal Hill. Unit mix includes one small 1bd/1ba, one large 1bd/1ba, one large 1bd/1ba plus a den and one large 2bd/1ba. All units have brand new central air, in-unit laundry, brand new kitchens, bathrooms, flooring and paint. Sample finishes include white shaker cabinets, quartz counter tops, full tile showers, LVP flooring and stainless steel appliances. Off street parking for three side-by-side vehicles at rear of property. Ground rent value $75 semi-annually.

Last Agent to Sell the Property

Ben Garner

(240) 216-7841 Ben@GarnerAndCo.com Cummings & Co. Realtors Listed on: 05/12/2023

Cummings & Co. Realtors

Last Buyer's Agent

Michele Hamm

(301) 945-0145 michele@choosefrontierrealty.com Frontier Realty Group License #RS341673

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,650

Year Built

  • Built in 1900

Lot Details

  • Ground Rent of $75 semi-annually

Home Design

  • Quadruplex
  • Federal Architecture
  • Brick Exterior Construction
  • Brick Foundation

Parking

  • 3 Parking Spaces
  • 3 Off-Street Spaces

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 001
  • Assessor Parcel Number 0323091030 001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,650

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Ground Rent
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 4672
  • Living Area Sq Ft: 3680
  • Price Per Sq Ft: 258.15
  • Above Grade Finished Sq Ft: 3680
  • Below Grade Sq Ft: 992
  • Total Below Grade Sq Ft: 992
  • 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
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 181800.00
  • Land Assessed Value: 100000.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1.00
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 75.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Semi-Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13025528
  • Tax Annual Amount: 6650.00
  • Assessor Parcel Number: 0323091030 001
  • Tax Lot: 001
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
May 11, 2023
Sold by
Spartan Homes Llc
Bought by
Winston Erin
Seller's Agent
Ben Garner
Cummings & Co. Realtors
Buyer's Agent
Michele Hamm
Frontier Realty Group
List Price
$950,000
Sold Price
$950,000
Current Estimated Value
$886,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,833
Avg. Annual Appreciation
-2.59%
Original Mortgage
$760,000
Outstanding Balance
$738,713
Interest Rate
6.35%
Estimated Equity
$147,454

Purchase Details

Listed on
Apr 1, 2022
Closed on
Apr 29, 2022
Sold by
Edward Kagle Charles
Bought by
Spartan Homes Llc
Seller's Agent
Bruce Fink
Douglas Realty, LLC
Buyer's Agent
Ben Garner
Cummings & Co. Realtors
List Price
$350,000
Sold Price
$425,000
Premium/Discount to List
$75,000
21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
116.72%
Original Mortgage
$625,000
Interest Rate
4.67%
Mortgage Type
New Conventional
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
Winston Erin $950,000 Emkay Title
Spartan Homes Llc $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winston Erin $760,000
Previous Owner Spartan Homes Llc $625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2023 05/12/23 Sold $950,000 0.0% $258 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $950,000 +123.5% $258 / Sq Ft
04/29/2022 04/29/22 Sold $425,000 0.0% $115 / Sq Ft View Prior Sale
04/04/2022 04/04/22 Pending -- -- --
04/03/2022 04/03/22 Off Market $425,000 -- --
04/01/2022 04/01/22 For Sale $350,000 -- $95 / 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 $18,587 $802,033 -- --
2024 $18,587 $791,367 -- --
2023 $6,619 $281,800 $100,000 $181,800
2022 $6,650 $281,800 $100,000 $181,800
2021 $6,650 $281,800 $100,000 $181,800
2020 $6,655 $282,000 $100,000 $182,000
2019 $6,459 $275,000 $0 $0
2018 $6,325 $268,000 $0 $0
2017 $6,160 $261,000 $0 $0
2016 $4,412 $231,333 $0 $0
2015 $4,412 $201,667 $0 $0
2014 $4,412 $172,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2085622

Bright MLS

APN: 1030-001