1901 W Lafayette Ave Baltimore, MD 21217
Midtown-Edmondson NeighborhoodEstimated Value: $221,350 - $255,000
--
Bed
--
Bath
--
Sq Ft
1920
Built
Highlights
- Dual Staircase
- Downtown Location
- Forced Air Heating and Cooling System
- Colonial Architecture
About This Home
As of October 2023Great 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
EXP Realty, LLC License #596243 Listed on: 06/09/2023
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 12, 2024
Sold by
Mahmood Shahid
Bought by
Ravens Realty Llc
Total Days on Market
55
Current Estimated Value
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
$174,835
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$63,340
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
8.03%
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
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
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
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 |
|---|---|---|---|---|
| 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
-
Michael Schiff
Seller's Agent in 2023
Michael Schiff
EXP Realty, LLC
(443) 388-2117
2 in this area
708 Total Sales
-
Evan Weissman
Seller Co-Listing Agent in 2023
Evan Weissman
Real Broker, LLC
(410) 240-2922
1 in this area
125 Total Sales
Map
Source: Bright MLS
MLS Number: MDBA2087760
APN: 0083-064
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