NOT LISTED FOR SALE

2023 Russell Ave Gwynn Oak, MD 21207

Estimated Value: $263,000 - $430,000

-- Bed
9 Baths
5,578 Sq Ft
$62/Sq Ft Est. Value

Last Sold February 21, 2012

Last sale price $85,000 $15 Per Sq Ft

Est. 306% increase in value since last sale

Current estimated payment $2,060/month

25 Days on Market

Highlights

  • 0.77 Acre Lot
  • Space For Rooms
  • No HOA
  • Wood Burning Stove
  • 4 Fireplaces
  • Forced Air Heating System

About This Home

As of February 2012

TAXED ASSESSED FOR $375,000!!! *COULD BE A GREAT OPPORTUNITY!!! (CASH COW!) 9+ UNITS ON LARGE LOT OFFERS LOTS OF POSSIBILITIES!!! LIVE IN ONE AND RENT OUT THE OTHERS!!! HIGH CEILINGS IN THIS HISTORIC MANSION WITH PLENTY OF CHARACTER AND FLAIR... SOME SYSTEM, ELECTRICAL, ETC. - UNIT MODERN UPGRADES. ON-SITE PARKING AND SO MUCH MORE!! (*ALL INFORMATION TO BE VERIFIED) SEE THIS POTENTIAL TODAY!!

Last Agent to Sell the Property

Keith Litchauer

RE/MAX Components Listed on: 01/16/2012

RE/MAX Components

Last Buyer's Agent

Jean Dodds

RE/MAX Plus License #MRIS:152378

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1803

Lot Details

  • 0.77 Acre Lot

Home Design

  • Stone Siding

Interior Spaces

  • 4 Fireplaces
  • Wood Burning Stove

Improved Basement

  • Heated Basement
  • Walk-Up Access
  • Exterior Basement Entry
  • Space For Rooms

Parking

  • Gravel Driveway
  • Dirt Driveway
  • Unpaved Parking
  • Off-Street Parking

Utilities

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

Community Details

  • No Home Owners Association
  • 9 Units
  • Broad Acres Subdivision

Listing and Financial Details

  • Tax Lot 469
  • Assessor Parcel Number 04020215370230

Property Details

Home Type

Multi-Family

Year Built

Built in 1803

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1803
  • Remarks Public: TAXED ASSESSED FOR $375,000!!! *COULD BE A GREAT OPPORTUNITY!!! (CASH COW!) 9+ UNITS ON LARGE LOT OFFERS LOTS OF POSSIBILITIES!!! LIVE IN ONE AND RENT OUT THE OTHERS!!! HIGH CEILINGS IN THIS HISTORIC MANSION WITH PLENTY OF CHARACTER AND FLAIR... SOME SYSTEM, ELECTRICAL, ETC. - UNIT MODERN UPGRADES. ON-SITE PARKING AND SO MUCH MORE!! (*ALL INFORMATION TO BE VERIFIED) SEE THIS POTENTIAL TODAY!!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces Count: 4
  • Fireplace: Yes
  • Basement: Yes
  • Basement Type: Outside Entrance, Heated, Improved, Space For Rooms, Walkout Stairs
  • Price Per Sq Ft: 15.24
  • Street Number Modifier: 2023

Exterior Features

  • Construction Materials: Stone
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Dirt Driveway, Gravel Driveway, Unpaved
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas Available, Natural Gas, Wood
  • Heating Type: Forced Air
  • 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

  • Improvement Assessed Value: 309600.00
  • Land Assessed Value: 66100.00
  • Lot Size Acres: 0.77
  • Lot Size Area: 33474
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 33474.00
  • Year Assessed: 2011
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11706270
  • Tax Annual Amount: 6513.46
  • Assessor Parcel Number: 04020215370230
  • Tax Lot: 469
  • Tax Page Number: 44
  • Tax Total Finished Sq Ft: 5578
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010
  • Close Date: 02/21/2012

Multi Family

  • Gross Income: 60000.00
  • Metering: Fully Separate
  • Single Room Units Count: 5
  • Vacancy Allowance Rate: 100.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2012
Closed on
Feb 22, 2012
Sold by
2023 Russell Avenue Llc
Bought by
Shuman Sand A and Shuman Laurel A
Seller's Agent
Keith Litchauer
RE/MAX Components
Buyer's Agent
Jean Dodds
RE/MAX Plus
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$345,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,403
Avg. Annual Appreciation
10.21%

Purchase Details

Closed on
Feb 17, 2000
Sold by
Sherrod Barnie
Bought by
2023 Russell Avenue Llc

Purchase Details

Closed on
May 21, 1987
Sold by
Voge Bruce H
Bought by
Sherrod Barnie
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shuman Sand A $45,500 None Available
2023 Russell Avenue Llc -- --
Sherrod Barnie $64,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2012 02/21/12 Sold $85,000 0.0% $15 / Sq Ft
02/10/2012 02/10/12 Pending -- -- --
01/16/2012 01/16/12 For Sale $85,000 -- $15 / Sq Ft
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 $2,186 $224,733 -- --
2024 $2,186 $140,900 $68,600 $72,300
2023 $2,152 $136,033 $0 $0
2022 $2,020 $131,167 $0 $0
2021 $987 $126,300 $58,600 $67,700
2020 $1,481 $122,200 $0 $0
2019 $1,431 $118,100 $0 $0
2018 $1,910 $114,000 $51,700 $62,300
2017 $1,791 $114,000 $0 $0
2016 $6,058 $114,000 $0 $0
2015 $6,058 $117,100 $0 $0
2014 $6,058 $117,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003819740

Bright MLS

APN: 02-0215370230