Seller's Agent in 2024
Melvin Knight
Coldwell Banker (NRT-Southeast-MidAtlantic)
(410) 903-7800
1 in this area
31 Total Sales
2009 Madison Ave Baltimore, MD 21217
Madison Park NeighborhoodEstimated Value: $362,000 - $400,000
Studio
--
Bath
2,268
Sq Ft
$165/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Victorian Architecture
- Bathtub with Shower
- Wood Flooring
- Double Pane Windows
- Forced Air Heating and Cooling System
About This Home
As of December 2024Great opportunity to purchase a quality renovated 3 apartment town house in a great location, This home was completely gutted about ten years ago. All three apartments have separate utilities, all appliances including built in microwaves and laundries. Major rooms have hardwood floors. The remodeled Kitchens and baths have ceramic floors. Madison Ave is a beautiful street that does not allow traffic to flow. It is a quiet, peaceful street with beautiful historic homes in well preserved and restored condition. This property has excellent tenants that can remain or leave. Tenants pay all utilities except the water bill. It would be suitable for owner occupancy with desirable residential financing since it is under 5 units. Seller does not want an FHA contingency. 2009 Madison is priced low for a quick sale. It's a great buy for an owner occupant or investor. Hurry, Hurry! Also located in the Midtown Special Benefits District. 5% tax surcharge membership fee. 24 HOURS NOTICE TO SHOW. 1030 AM TO 430PM
Last Agent to Sell the Property
(410) 903-7800 mknight@cbmove.com Coldwell Banker Realty License #66974 Listed on: 07/31/2024
Last Buyer's Agent
(240) 778-5983 Isaiah.Hazward@marcusmillichap.com Coldwell Banker Realty License #SP200200750
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,759
Year Built
- Built in 1920 | Remodeled in 2014
Lot Details
- 1,206 Sq Ft Lot
- Historic Home
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- Triplex
- Victorian Architecture
- Brick Exterior Construction
- Permanent Foundation
- Plaster Walls
- Composition Roof
Interior Spaces
- Bathtub with Shower
- Open Floorplan
- Brick Wall or Ceiling
- Double Pane Windows
- Insulated Windows
- Insulated Doors
- Basement
- Rear Basement Entry
Kitchen
- Electric Oven or Range
- Microwave
- Disposal
Flooring
- Wood
- Ceramic Tile
Laundry
- Dryer
- Washer
Location
- Urban Location
Utilities
- Forced Air Heating and Cooling System
- Back Up Electric Heat Pump System
- 200+ Amp Service
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- The owner pays for advertising/licenses and permits, common area maintenance, insurance, repairs, sewer, water
- Tax Lot 005
- Assessor Parcel Number 0314040317 005
Community Details
Overview
- 3 Units
- 4-Story Building
- Madison Park Historic District Subdivision
Building Details
- 1 Vacant Unit
- Insurance Expense $3,855
- Maintenance Expense $230
- Operating Expense $10,000
- Gross Income $39,600
- Net Operating Income $29,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 31, 2024
Closed on
Dec 11, 2024
Sold by
Butler Andrew
Bought by
Raimi-Abayomi Abisola
Seller's Agent
Melvin Knight
Coldwell Banker Realty
Buyer's Agent
Isaiah Hazward
Coldwell Banker Realty
List Price
$365,000
Sold Price
$345,000
Premium/Discount to List
-$20,000
-5.48%
Views
136
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
$29,887
Avg. Annual Appreciation
7.85%
Original Mortgage
$258,750
Interest Rate
6.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 14, 2021
Sold by
Harrison Partners Llc
Bought by
Butler Andrew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 24, 2013
Sold by
Harrison Partners Llc
Bought by
Harrison Partners Llc
Purchase Details
Closed on
Oct 6, 2011
Sold by
Dci Enterprises Llc
Bought by
Harrison Partners Llc
Purchase Details
Closed on
Aug 7, 2007
Sold by
Caldwell Parker Nichole
Bought by
Dci Enterprises Llc
Purchase Details
Closed on
Apr 22, 2004
Sold by
East Tony E
Bought by
Robinson Debra Y
Purchase Details
Closed on
Sep 6, 2000
Sold by
Ocwen Financial Services Inc
Bought by
East Tony E
Purchase Details
Closed on
Mar 17, 1999
Sold by
Michaels Michael M
Bought by
Gibbs Robert L
Purchase Details
Closed on
Aug 23, 1996
Sold by
Secretary Of Veterans
Bought by
Michaels Michael M
Purchase Details
Closed on
Feb 22, 1996
Sold by
Thies Clifford F
Bought by
Little Gloria J
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 |
|---|---|---|---|
| Raimi-Abayomi Abisola | $345,000 | Fidelity National Title | |
| Raimi-Abayomi Abisola | $345,000 | Fidelity National Title | |
| Butler Andrew | $300,000 | Advantage Title Company | |
| Harrison Partners Llc | -- | None Available | |
| Harrison Partners Llc | $41,031 | -- | |
| Dci Enterprises Llc | $252,500 | -- | |
| Robinson Debra Y | $87,000 | -- | |
| East Tony E | $6,500 | -- | |
| Ocwen Financial Services Inc | $79,000 | -- | |
| Gibbs Robert L | $22,000 | -- | |
| Gibbs Robert L | $132,900 | -- | |
| Michaels Michael M | $20,000 | -- | |
| Secretary Of Veterans | -- | -- | |
| Little Gloria J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Raimi-Abayomi Abisola | $258,750 | |
| Previous Owner | Butler Andrew | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/11/2024 12/11/24 | Sold | $345,000 | -5.5% | $152 / Sq Ft |
| 07/31/2024 07/31/24 | For Sale | $365,000 | -- | $161 / 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 | $4,737 | $240,000 | $60,000 | $180,000 |
| 2024 | $4,737 | $201,667 | -- | -- |
| 2023 | $3,855 | $163,333 | $0 | $0 |
| 2022 | $2,950 | $125,000 | $30,000 | $95,000 |
| 2021 | $2,753 | $116,667 | $0 | $0 |
| 2020 | $2,557 | $108,333 | $0 | $0 |
| 2019 | $2,349 | $100,000 | $25,000 | $75,000 |
| 2018 | $2,360 | $100,000 | $25,000 | $75,000 |
| 2017 | $2,360 | $100,000 | $0 | $0 |
| 2016 | $2,369 | $100,000 | $0 | $0 |
| 2015 | $2,369 | $100,000 | $0 | $0 |
| 2014 | $2,369 | $100,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Melvin Knight
-
Isaiah Hazward
Buyer's Agent in 2024
Isaiah Hazward
Coldwell Banker (NRT-Southeast-MidAtlantic)
(240) 778-5983
2 in this area
111 Total Sales
Map
Source: Bright MLS
MLS Number: MDBA2134592
APN: 0317-005
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