NOT LISTED FOR SALE

2006 Park Ave Baltimore, MD 21217

Reservoir Hill Neighborhood

Estimated Value: $327,000 - $495,753

Studio
3 Baths
2,346 Sq Ft
$175/Sq Ft Est. Value

Last Sold October 01, 2018

Last sale price $374,900 $160 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,819/month

78 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Window Unit Cooling System
  • 2 Fireplaces
  • Crown Molding
  • Recessed Lighting

About This Home

As of October 2018

So many historic and unique details throughout this multi-family in the heart of Reservoir Hill! Live in one unit and rent out the others OR rent all three! 2 units currently leased month to month. Wood floors throughout. Exposed brick and beautiful fireplace mantels on main floor. Finished basement with wood burning stove. Walking distance to MICA, light rail, and easy access to I-83!

Last Agent to Sell the Property

Magan Drane

(410) 886-7342 magan@magandrane.com Compass License #607711 Listed on: 05/31/2018

Compass

Last Buyer's Agent

Ben Garner

(410) 823-0033 realtor@cummingsrealtors.com Cummings & Co. Realtors

Cummings & Co. Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,112

Year Built

  • Built in 1880

Lot Details

  • Ground Rent of $180 per year
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Crown Molding
  • Brick Wall or Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Fireplace Mantel
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Gas Oven or Range

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 3 Units
  • Reservoir Hill Historic District Subdivision

Listing and Financial Details

  • Tax Lot 019
  • Assessor Parcel Number 0313113446 019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,112

Year Built

Built in 1880

Lot Details

1,655 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Ground Rent
  • New Construction: No
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Refrigerator, Washer, Oven/Range - Gas
  • Interior Amenities: Wood Floors, Crown Moldings, Recessed Lighting
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Brick
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Price Per Sq Ft: 159.80

Exterior Features

  • 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: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Property Condition: Very Good
  • Zoning: 8
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 180.00
  • Ground Rent Pymnt Freq: Annually
  • Lease Term: Negotiable
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5111.76
  • Assessor Parcel Number: 0313113446 019
  • Tax Lot: 019
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Gross Income: 20400.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2018
Closed on
Oct 1, 2018
Sold by
Moss Roosevelt
Bought by
Monroe Clarence Lamar
Seller's Agent
Magan Drane
Compass
Buyer's Agent
Ben Garner
Cummings & Co. Realtors
List Price
$389,900
Sold Price
$374,900
Premium/Discount to List
-$15,000
-3.85%
Current Estimated Value
$411,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,477
Avg. Annual Appreciation
1.25%
Original Mortgage
$368,109
Outstanding Balance
$323,505
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$87,872

Purchase Details

Closed on
Oct 26, 2016
Sold by
Social Solutions Advisors Llc
Bought by
Lockes Muriel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,559
Interest Rate
3.42%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Monroe Clarence Lamar $374,900 Definitive Title Llc
Lockes Muriel E $131,000 Certified Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monroe Clarence Lamar $368,109
Previous Owner Lockes Muriel E $125,559
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2018 10/01/18 Sold $374,900 0.0% $160 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
07/25/2018 07/25/18 Price Changed $374,900 -3.8% $160 / Sq Ft
05/31/2018 05/31/18 For Sale $389,900 -- $166 / Sq Ft
Source: Bright MLS

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 $8,149 $419,200 $100,000 $319,200
2024 $8,149 $397,000 -- --
2023 $7,771 $374,800 $0 $0
2022 $7,622 $352,600 $100,000 $252,600
2021 $8,222 $348,400 $0 $0
2020 $7,408 $344,200 $0 $0
2019 $5,010 $228,800 $100,000 $128,800
2018 $5,256 $222,700 $0 $0
2017 $5,112 $216,600 $0 $0
2016 $5,349 $210,500 $0 $0
2015 $5,349 $241,667 $0 $0
2014 $5,349 $235,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Magan Drane

    Seller's Agent in 2018

    Magan Drane

    Compass

    (410) 493-6854

    1 in this area

    66 Total Sales

    Magan Drane
    Section Image
  • Ben Garner

    Buyer's Agent in 2018

    Ben Garner

    Cummings & Co Realtors

    (240) 216-7841

    512 Total Sales

    Ben Garner
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001733494

Bright MLS

APN: 3446-019

Maryland Baltimore City County Baltimore 21217 Reservoir Hill

2006 Park Ave, Baltimore, MD

Not Listed for Sale

MultiFamily

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