NOT LISTED FOR SALE

1846 Loch Shiel Rd Towson, MD 21286

Estimated Value: $288,000 - $317,000

-- Bed
2 Baths
1,920 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $250,130 $130 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,916/month

Highlights

  • Wood Flooring
  • Garden View
  • Back and Side Yard
  • Space For Rooms
  • No HOA
  • Landscaped

About This Home

As of May 2021

Large end of group townhome has always been used as 2 apartments. There are two electric meters, two gas meters, two gas furnaces (1 new in 2007), two gas hot water heaters. Once you enter the front door, there is a door to your right that leads to the 1st floor apartment. There are stairs that lead to the 2nd floor apartment. The first and second floor layouts are identical and each has a kitchen, dining room, living room, 2 bedrooms, and a full bathroom. The first floor apt was just painted, new vanity & toilet in bathroom, some new light fixtures. The second floor apt had new cabinets and counter installed in the kitchen in recent past. The lower level is large and unfinished. The previous tenants shared the laundry in the basement. There is a toilet only in the basement that needs work. This area could be finished and there are walkout stairs to the backyard. The previous tenants were paying well under market rate rent. No tenants or leases in place. Home in good condition, but sold As-Is. Excellent investment opportunity.

Last Agent to Sell the Property

Scott Sanders

(410) 967-3675 sanders@lnf.com Long & Foster Real Estate, Inc. License #509009 Listed on: 04/28/2021

Long & Foster Real Estate, Inc.

Co-Listed By

Harry Sanders

(443) 655-0003 sanders@realtor.com Long & Foster Real Estate, Inc. License #72448

Last Buyer's Agent

Peter Klebenow

(410) 963-4926 peter.klebenow@gmail.com RE/MAX Advantage Realty License #584655

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,243

Year Built

  • Built in 1949

Lot Details

  • 5,777 Sq Ft Lot
  • Landscaped
  • Back and Side Yard
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,920 Sq Ft Home
  • Wood Flooring
  • Garden Views
  • Gas Oven or Range

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Space For Rooms

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for insurance, real estate taxes
  • Tax Lot 35
  • Assessor Parcel Number 04090913206850

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Loch Raven Village Subdivision

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,243

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2021-04-28
  • Year Built: 1949
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Large end of group townhome has always been used as 2 apartments. There are two electric meters, two gas meters, two gas furnaces (1 new in 2007), two gas hot water heaters. Once you enter the front door, there is a door to your right that leads to the 1st floor apartment. There are stairs that lead to the 2nd floor apartment. The first and second floor layouts are identical and each has a kitchen, dining room, living room, 2 bedrooms, and a full bathroom. The first floor apt was just painted, new vanity & toilet in bathroom, some new light fixtures. The second floor apt had new cabinets and counter installed in the kitchen in recent past. The lower level is large and unfinished. The previous tenants shared the laundry in the basement. There is a toilet only in the basement that needs work. This area could be finished and there are walkout stairs to the backyard. The previous tenants were paying well under market rate rent. No tenants or leases in place. Home in good condition, but sold As-Is. Excellent investment opportunity.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Flooring Type: Wood
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished, Walkout Stairs, Space For Rooms
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1920
  • Price Per Sq Ft: 109.38
  • Above Grade Finished Sq Ft: 1920
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1846

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Roof: Shingle
  • Spa: No
  • View: Garden/Lawn
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: BALTIMORE COUNTY PUBLIC SCHOOLS
  • School District Key: 121140087473
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 141100.00
  • Land Assessed Value: 75000.00
  • Land Use Code: 010
  • Lot Features: Landscaping, Sideyard(s), Rear Yard
  • Lot Size Acres: 0.13
  • Lot Dimensions: 1.00 x
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5777.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: DR 10.5
  • In City Limits: No

Rental Info

  • Existing Lease Type: None
  • Ground Rent Exists: No
  • Owner Pays: Insurance, Taxes - Real Estate
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11800072
  • Tax Annual Amount: 4243.00
  • Assessor Parcel Number: 04090913206850
  • Tax Lot: 35
  • Tax Total Finished Sq Ft: 1920
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/28/2021

Multi Family

  • Number Of Units Vacant: 2

MLS Schools

  • School District Name: BALTIMORE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
May 28, 2021
Sold by
Flynn Gail L and Barth Marcell
Bought by
Galasso Francesca G
Seller's Agent
Scott Sanders
Long & Foster Real Estate, Inc.
Buyer's Agent
Peter Klebenow
RE/MAX Advantage Realty
List Price
$210,000
Sold Price
$250,130
Premium/Discount to List
$40,130
19.11%
Current Estimated Value
$309,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,904
Avg. Annual Appreciation
4.91%
Original Mortgage
$250,000
Outstanding Balance
$39,847
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$269,187

Purchase Details

Closed on
Feb 2, 2004
Sold by
Mann James E
Bought by
Mann Floramae
Source: Public Records

Range of Values:

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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
Galasso Francesca G $250,130 Lakeside Title Company
Mann Floramae -- --
Mann Floramae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galasso Francesca G $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $250,130 +19.1% $130 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $210,000 -- $109 / 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 $3,392 $252,400 $75,000 $177,400
2024 $3,392 $240,300 $0 $0
2023 $1,676 $228,200 $0 $0
2022 $3,377 $216,100 $75,000 $141,100
2021 $2,144 $214,100 $0 $0
2020 $2,571 $212,100 $0 $0
2019 $2,546 $210,100 $75,000 $135,100
2018 $3,963 $200,933 $0 $0
2017 $3,360 $191,767 $0 $0
2016 $3,473 $182,600 $0 $0
2015 $3,473 $182,600 $0 $0
2014 $3,473 $182,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBC526482

Bright MLS

APN: 09-0913206850