NOT LISTED FOR SALE

Estimated Value: $229,512 - $248,000

-- Bed
-- Bath
-- Sq Ft
1920 Built

Last Sold October 20, 2023

Last sale price $210,000

Est. 14% increase in value since last sale

Current estimated payment $1,691/month

55 Days on Market

Highlights

  • Dual Staircase
  • Downtown Location
  • Forced Air Heating and Cooling System
  • Colonial Architecture

About This Home

As of October 2023

Great opportunity to own a 3-unit Mixed Use Building with Commercial Storefront and 2 residential one bedroom apartments. The sale includes the real estate along with the current operating business, Greens Hardware, a 100 year old historically thriving Hardware store open everyday from 7:00am to 6:00pm. The business generates income from sales, the MD Lottery, an ATM, and an excellent window and screen repair business. All of the hardware store inventory and FFE convey, in addition to the appliances and fixtures in the 2 apartments upstairs addressed as 1903 W Lafayette. One of the two units is rented. The lower level has lots of storage space. There is a new roof. Building is located in a MD Designated Opportunity Zone, and 3 blocks west of a MD Designated Empowerment Zone. The West Baltimore revitalization plan in this neighborhood includes a new West Baltimore MARC Station that will enhance the residential and businesses in the area. Sold As-Is, No Repairs will be made. See agent for financial information.

Last Agent to Sell the Property

Michael Schiff

EXP Realty, LLC License #596243 Listed on: 06/09/2023

EXP Realty, LLC

Co-Listed By

Evan Weissman

Real Broker, LLC License #664574

Last Buyer's Agent

Michael Schiff

EXP Realty, LLC License #596243 Listed on: 06/09/2023

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $354

Year Built

  • Built in 1920

Lot Details

  • Downtown Location

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Dual Staircase
  • Basement
  • Connecting Stairway
  • Alarm System
  • Electric Oven or Range

Utilities

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

Community Details

  • 2 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 064
  • Assessor Parcel Number 0316050083 064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$354

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Over Storefront
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: All Inventory, Lotto Transferable Contract, ATM, Window and Screen Repair Business, 2 Apartments addressed as 1903 W Lafayette.
  • New Construction: No
  • Expected On Market: 2023-06-10
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Interior Amenities: Additional Stairway
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Connecting Stairway
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1901

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, Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Electric Alarm
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Land Use Code: R
  • Lot Size Units: Square Feet
  • Year Assessed: 2023
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Number Of Units Month To Month: 1
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 354.00
  • Assessor Parcel Number: 0316050083 064
  • Tax Lot: 064
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 10/20/2023

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2024
Sold by
Mahmood Shahid
Bought by
Ravens Realty Llc
Current Estimated Value
$238,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Outstanding Balance
$174,322
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$54,639

Purchase Details

Listed on
Jun 9, 2023
Closed on
Oct 20, 2023
Sold by
Green Murray B
Bought by
Mahmood Shahid
Seller's Agent
Michael Schiff
EXP Realty, LLC
Buyer's Agent
Michael Schiff
EXP Realty, LLC
List Price
$259,900
Sold Price
$210,000
Premium/Discount to List
-$49,900
-19.2%
Views
221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%
Original Mortgage
$153,750
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2011
Sold by
Green Morris S
Bought by
Green Murray B
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
Ravens Realty Llc $235,000 Universal Title
Mahmood Shahid $210,000 First American Title Insurance
Green Murray B -- Residential Title & Escrow C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ravens Realty Llc $176,000
Previous Owner Mahmood Shahid $153,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $210,000 -19.2% --
08/04/2023 08/04/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $259,900 -- --
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 $4,698 $200,000 $40,000 $160,000
2024 $4,698 $200,000 $40,000 $160,000
2023 $352 $15,000 $3,000 $12,000
2022 $354 $15,000 $3,000 $12,000
2021 $354 $15,000 $3,000 $12,000
2020 $354 $15,000 $3,000 $12,000
2019 $329 $14,000 $0 $0
2018 $307 $13,000 $0 $0
2017 $283 $12,000 $0 $0
2016 -- $12,000 $0 $0
2015 $1,421 $12,000 $0 $0
2014 $1,421 $60,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2087760

Bright MLS

APN: 0083-064