NOT LISTED FOR SALE

Estimated Value: $1,080,492

Studio
6 Baths
6,880 Sq Ft
$157/Sq Ft Est. Value

Last Sold September 04, 2014

Last sale price $650,000 $94 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,866/month

26 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • 4-minute walk to Betty Hyatt Community Park
  • Ceiling Fan

About This Home

As of September 2014

UNIQUE OPPORTUNITY TO OWN INVESTMENT PROPERTY IN FELLS POINT WITH POSITIVE CASH FLOW CASH FLOW, CASH FLOW.6 RESIDENTIAL UNITS- 3 TWO BR, 3 ONE BR, PLUS 2,300 SF COMMERCIAL SPACE ON MAIN LEVE WITH LONG TERM RESTAURANT TENANT TRIPLE NET LEASE. 100% OCCUPIED. ALL UNITS SEPARATELY METERED FOR ELECTRIC, NEW WINDOWS, SOME APARTMENTS RECENTLY UPDATED. MINUTES FROM JOHNS HOPKINS HOSPITAL.

Last Agent to Sell the Property

Panayota Chrissomallis

(443) 708-7340 pchrissomallis@alliancerealtymd.com Alliance Realty Group, Inc. Listed on: 06/18/2014

Last Buyer's Agent

Idan Tzameret

(410) 823-0033 realtor@cummingsrealtors.com Cummings & Co. Realtors

Cummings & Co. Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,670

Year Built

  • Built in 1900

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • Ceiling Fan
  • Basement
  • Side Exterior Basement Entry

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Radiator
  • Baseboard Heating
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for insurance, repairs, real estate taxes, advertising/licenses and permits
  • Tax Lot 051
  • Assessor Parcel Number 0302021745 051

Community Details

Overview

  • Property has a Home Owners Association
  • 7 Units
  • Fells Point Historic District Subdivision

Building Details

  • Operating Expense $13,075

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,670

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Side Entrance
  • Price Per Sq Ft: 99.56

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Rubber
  • 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: Window Unit(s), Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard, Radiator, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • HOA: No

Lot Info

  • Improvement Assessed Value: 225000.00
  • Land Assessed Value: 100000.00
  • Lot Size Units: Square Feet
  • Zoning: 8
  • In City Limits: Yes

Rental Info

  • Owner Pays: Insurance, Repairs, Taxes - Real Estate, Advertising/Licenses And Permits
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12906561
  • Tax Annual Amount: 7670.00
  • Assessor Parcel Number: 0302021745 051
  • Tax Lot: 051
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Multi Family

  • Gross Income: 81600.00
  • Metering: Electric Separate
  • Operating Expense: 13075.00
  • Vacancy Allowance Rate: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2006
Sold by
Marmaras Anthony G
Bought by
Cedarville Llc
Current Estimated Value
$1,080,492
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
Cedarville Llc $500,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2014 09/04/14 Sold $650,000 -5.1% $94 / Sq Ft
07/14/2014 07/14/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $685,000 -- $100 / Sq Ft
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 $13,578 $599,800 -- --
2024 $13,578 $578,100 -- --
2023 $13,069 $556,400 $109,100 $447,300
2022 $13,131 $556,400 $109,100 $447,300
2021 $13,131 $556,400 $109,100 $447,300
2020 $13,464 $570,500 $100,000 $470,500
2019 $13,400 $570,500 $100,000 $470,500
2018 $14,439 $611,833 $0 $0
2017 $14,354 $608,200 $0 $0
2016 $10,038 $513,800 $0 $0
2015 $10,038 $419,400 $0 $0
2014 $10,038 $325,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003013484

Bright MLS

APN: 1745-051