Seller's Agent in 2024
Melanie Montague
EXP Realty, LLC
(301) 442-0154
1 in this area
210 Total Sales
1902 Walbrook Ave Baltimore, MD 21217
Mondawmin NeighborhoodEstimated Value: $198,942 - $225,000
--
Bed
--
Bath
2,500
Sq Ft
$85/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Property is in very good condition
- Heat Pump System
- Central Air
About This Home
As of October 2024A great opportunity to own a large Multi-family Duplex. Live in one and rent the other unit and pay your mortgage! The market rent for the upper unit is $1500 and $1100 for the lower unit. Estimated monthly rental income: $2,600. This property qualifies for The Vacant to Value Program- $10,000 grant funds toward the down payment and closing cost. Both units have their own gas and electric meters. The two units have been thoughtfully updated with fresh paint, new roof, new water heaters, new high efficiency furnaces, new sump pump, new central AC(upper unit only). The upper unit offers 3 bedrooms and 1.5 bathrooms and is the upper two stories of the building. Both units offer updated kitchens and bathrooms. The upper unit also offers quartz countertops.
The second unit is a 1 bedroom with 1.5 bathrooms and offers an additional 2 dens on the lower level. Each unit has it's own private entrance and is nicely located to major roadways and a few short blocks to the Metro Subway link of North Penn. Close to several colleges to include Loyola, Baltimore Community College, and Coppin State University which offers a great opportunity for you to live in one unit and rent the other unit. This is a great opportunity for an up and coming area! Any questions please ask.
Whether you're an experienced investor looking to expand your portfolio or an owner occupier who is looking to live in one unit and rent the other, this is a perfect opportunity for you. Rehab of house next door is expected to start soon.
Last Agent to Sell the Property
(301) 442-0154 mel@4salebymel.com EXP Realty, LLC Listed on: 07/28/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $964
Year Built
- Built in 1920
Lot Details
- 1,050 Sq Ft Lot
- Land Lease expires in 3 years
- Property is in very good condition
Parking
- On-Street Parking
Home Design
- Duplex
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- 2,500 Sq Ft Home
- Finished Basement
- Rear Basement Entry
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 0315163210 002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 28, 2024
Closed on
Oct 11, 2024
Sold by
Alpha Houses Llc
Bought by
Moore Latanya
Seller's Agent
Melanie Montague
EXP Realty, LLC
Buyer's Agent
Janice Taylor
Long & Foster Real Estate, Inc.
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Views
33
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
$16,971
Avg. Annual Appreciation
7.59%
Original Mortgage
$191,468
Interest Rate
6.54%
Mortgage Type
FHA
Purchase Details
Closed on
May 27, 2016
Sold by
Braxton Biffre and Harris Meta
Bought by
Braxton Biffrey
Purchase Details
Closed on
Feb 6, 2008
Sold by
Braxton Biffrey
Bought by
Braxton Biffrey and Harris Meta Y
Purchase Details
Closed on
Sep 29, 2006
Sold by
Mayor & City Council Of
Bought by
Braxton Biffrey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Moore Latanya | $195,000 | Sage Title | |
| Moore Latanya | $195,000 | Sage Title | |
| Braxton Biffrey | -- | None Available | |
| Braxton Biffrey | -- | -- | |
| Braxton Biffrey | $6,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Moore Latanya | $191,468 | |
| Previous Owner | Braxton Biffrey | $96,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/11/2024 10/11/24 | Sold | $195,000 | -2.5% | $78 / Sq Ft |
| 08/05/2024 08/05/24 | Pending | -- | -- | -- |
| 07/28/2024 07/28/24 | For Sale | $199,900 | -- | $80 / 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 | $973 | $200,000 | $40,000 | $160,000 |
| 2024 | $973 | $41,433 | $0 | $0 |
| 2023 | $960 | $40,867 | $0 | $0 |
| 2022 | $142 | $6,000 | $2,000 | $4,000 |
| 2021 | $134 | $5,667 | $0 | $0 |
| 2020 | $126 | $5,333 | $0 | $0 |
| 2019 | $117 | $5,000 | $1,000 | $4,000 |
| 2018 | $102 | $4,333 | $0 | $0 |
| 2017 | $87 | $3,667 | $0 | $0 |
| 2016 | $71 | $3,000 | $0 | $0 |
| 2015 | $71 | $3,000 | $0 | $0 |
| 2014 | $71 | $3,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Melanie Montague
-
Janice Taylor
J
Buyer's Agent in 2024
Janice Taylor
Long & Foster
(410) 330-1718
1 in this area
6 Total Sales
-
Demetria Scott
Buyer Co-Listing Agent in 2024
Demetria Scott
Long & Foster
(240) 229-9111
1 in this area
61 Total Sales
Map
Source: Bright MLS
MLS Number: MDBA2134172
APN: 3210-002
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