M
Seller's Agent in 2015
Matt Garono
CREative Solutions Today, LLC
(410) 560-3970
1 Total Sale
1828 Fleet St Baltimore, MD 21231
Fells Point NeighborhoodEstimated Value: $773,353
Studio
4
Baths
3,420
Sq Ft
$226/Sq Ft
Est. Value
Highlights
- Built in 1830 | Remodeled in 2012
- Brick Front
- Heat Pump System
- No HOA
- Multi-Tank Hot Water Heater
- 3-minute walk to Thames Street Park
About This Home
As of April 2015The Jabber Five Real Estate Group is pleased to present a unique opportunity to own an income-producing asset in an affluent area with high barriers to entry. A great hedge against inflation, the property is a newly renovated 100% occupied, 3-unit apartment building located in Baltimore s historic Fells Point. Additionally, the property carries a 10 year tax credit for which 8 years remain.
Last Agent to Sell the Property
opportunity@creativesolutions.today CREative Solutions Today, LLC Listed on: 09/09/2014
Last Buyer's Agent
opportunity@creativesolutions.today CREative Solutions Today, LLC Listed on: 09/09/2014
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,720
Year Built
- Built in 1830 | Remodeled in 2012
Parking
- Off-Site Parking
Home Design
- Brick Front
Basement
- Front Basement Entry
- Crawl Space
Utilities
- Heat Pump System
- Multi-Tank Hot Water Heater
Listing and Financial Details
- The owner pays for real estate taxes
- Tax Lot 001
- Assessor Parcel Number 0302081781 001
Community Details
Overview
- No Home Owners Association
- 3 Units
- Fells Point Historic District Subdivision
Building Details
- Operating Expense $10,957
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2014
Closed on
Apr 21, 2015
Sold by
Jabber Five Inc
Bought by
Desai Shalin P and Desai Ila P
Seller's Agent
Matt Garono
CREative Solutions Today, LLC
Buyer's Agent
Matt Garono
CREative Solutions Today, LLC
List Price
$615,000
Sold Price
$595,000
Premium/Discount to List
-$20,000
-3.25%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,353
Avg. Annual Appreciation
2.47%
Original Mortgage
$357,000
Outstanding Balance
$269,118
Interest Rate
3.18%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$504,235
Purchase Details
Closed on
May 7, 2012
Sold by
Nieves Edgardo
Bought by
Jabber Five Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 11, 2005
Sold by
Fieber Michael
Bought by
Nieves Edgardo
Purchase Details
Closed on
May 17, 1999
Sold by
Benson Richard
Bought by
Fieber Michael
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Desai Shalin P | $595,000 | Continental Title Group | |
| Jabber Five Inc | $200,000 | Real Estate Title & Escrow L | |
| Nieves Edgardo | $390,000 | -- | |
| Fieber Michael | $170,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Desai Shalin P | $357,000 | |
| Previous Owner | Jabber Five Inc | $350,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/21/2015 04/21/15 | Sold | $595,000 | -3.3% | $174 / Sq Ft |
| 10/28/2014 10/28/14 | Pending | -- | -- | -- |
| 09/09/2014 09/09/14 | For Sale | $615,000 | -- | $180 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $14,445 | $631,900 | -- | -- |
| 2024 | $14,445 | $615,000 | -- | -- |
| 2023 | $10,234 | $598,100 | $100,000 | $498,100 |
| 2022 | $10,068 | $589,033 | $0 | $0 |
| 2021 | $13,687 | $579,967 | $0 | $0 |
| 2020 | $9,640 | $570,900 | $100,000 | $470,900 |
| 2019 | $8,026 | $504,100 | $0 | $0 |
| 2018 | $6,487 | $437,300 | $0 | $0 |
| 2017 | $4,911 | $370,500 | $0 | $0 |
| 2016 | $7,250 | $365,267 | $0 | $0 |
| 2015 | $7,250 | $360,033 | $0 | $0 |
| 2014 | $7,250 | $200,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Garono
Map
Source: Bright MLS
MLS Number: 1003198414
APN: 1781-001
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