NOT LISTED FOR SALE

Estimated Value: $157,936 - $165,000

3 Beds
1 Bath
1,112 Sq Ft
$145/Sq Ft Est. Value

Last Sold January 23, 2023

Last sale price $140,000 $126 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,066/month

64 Days on Market

Highlights

  • City View
  • Attic
  • Porch
  • Deck
  • No HOA
  • Living Room

About This Home

As of January 2023

Investor Alert!!!! Welcome to Real Estate Investing in Baltimore City and welcome to the Neighborhood of Morrell Park " take a look at this 3 bedrooms, 1 full bath with large basement that could be finish as an add-on value. The backyard has a partial concrete patio and fenced-in. This property was rented for $ 1500 per month (below market rent) Main Level includes a living room (wood floors), dining room (wood floors) and kitchen (ceramic floors). Upper Level includes 3 bedrooms and 1 full bath. Lower Level is unfinished and includes an electric hot water heater, radiator heat and separate entrance. Make this part of portfolio or your next flip as it only needs some upgrade to get full price value. Property is being sold "as is." Dont delay and come take a look for yourself, it wont last.

Last Listed By

Alexi Correa

Cummings & Co. Realtors Listed on: 08/29/2022

Cummings & Co. Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,675

Year Built

  • Built in 1948

Lot Details

  • 2,684 Sq Ft Lot
  • Back Yard Fenced
  • Ground Rent of $60 per year

Parking

  • Off-Site Parking

Property Views

  • City
  • Woods
  • Pasture
  • Garden

Home Design

  • Brick Exterior Construction
  • Fiberglass Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Finished Basement
  • Exterior Basement Entry
  • Kitchen in Efficiency Studio
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Deck
  • Porch

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Electric Water Heater
  • Municipal Trash
  • Public Septic

Listing and Financial Details

  • Tax Lot 062N
  • Assessor Parcel Number 0325027863 062N

Community Details

Overview

  • No Home Owners Association
  • Arbutus Subdivision

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,675

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Accessibility Features: Level Entry - Main
  • Ownership: Ground Rent
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1948
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Investor Alert!!!! Welcome to Real Estate Investing in Baltimore City and welcome to the Neighborhood of Morrell Park " take a look at this 3 bedrooms, 1 full bath with large basement that could be finish as an add-on value. The backyard has a partial concrete patio and fenced-in. This property was rented for $ 1500 per month (below market rent) Main Level includes a living room (wood floors), dining room (wood floors) and kitchen (ceramic floors). Upper Level includes 3 bedrooms and 1 full bath. Lower Level is unfinished and includes an electric hot water heater, radiator heat and separate entrance. Make this part of portfolio or your next flip as it only needs some upgrade to get full price value. Property is being sold "as is." Dont delay and come take a look for yourself, it wont last.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Efficiency
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Attic
  • Basement: Yes
  • Basement Type: Outside Entrance, Fully Finished
  • Total Sq Ft: 1668
  • Living Area Sq Ft: 1112
  • Price Per Sq Ft: 139.30
  • Above Grade Finished Sq Ft: 1112
  • Below Grade Sq Ft: 556
  • Total Below Grade Sq Ft: 556
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2037

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Roof: Fiberglass
  • Spa: No
  • View: City, Garden/Lawn, Pasture, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Site

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: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Rear
  • Land Use Code: R
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2684.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Year Assessed: 2022
  • Zoning: R-6
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 60.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 1675.00
  • Assessor Parcel Number: 0325027863 062N
  • Tax Lot: 062N
  • Tax Total Finished Sq Ft: 1112
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/23/2023

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Jan 17, 2023
Sold by
Malik Investments Llc
Bought by
Singh Harpreet
Seller's Agent
Alexi Correa
Cummings & Co. Realtors
Buyer's Agent
Ali Raza
Taylor Properties
List Price
$169,900
Sold Price
$140,000
Premium/Discount to List
-$29,900
-17.6%
Total Days on Market
64
Views
50
Current Estimated Value
$161,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,468
Avg. Annual Appreciation
0.57%
Original Mortgage
$128,205
Outstanding Balance
$125,284
Interest Rate
6.33%
Mortgage Type
FHA
Estimated Equity
$16,581

Purchase Details

Closed on
Jul 26, 2017
Sold by
Raza Ali and Imtiaz Aneela
Bought by
Malik Investments Llc

Purchase Details

Closed on
Dec 4, 2000
Sold by
Greenstreet Kimberly
Bought by
Sweitzer Linda D and Hodgson Steven Ray

Purchase Details

Closed on
Oct 10, 1996
Sold by
Wade Stephen A
Bought by
Greenstreet Kimberly

Range of Values:

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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
Singh Harpreet $140,000 Advantage Title Company
Malik Investments Llc $58,500 None Available
Sweitzer Linda D $65,000 --
Greenstreet Kimberly $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Harpreet $128,205
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Sold $140,000 -9.6% $126 / Sq Ft
10/17/2022 10/17/22 Price Changed $154,900 -3.1% $139 / Sq Ft
09/27/2022 09/27/22 Price Changed $159,900 -3.0% $144 / Sq Ft
09/19/2022 09/19/22 Price Changed $164,900 -2.9% $148 / Sq Ft
08/29/2022 08/29/22 For Sale $169,900 -- $153 / 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
2024 $1,948 $82,933 $0 $0
2023 $1,755 $74,700 $15,000 $59,700
2022 $1,675 $70,967 $0 $0
2021 $1,587 $67,233 $0 $0
2020 $1,499 $63,500 $15,000 $48,500
2019 $1,491 $63,500 $15,000 $48,500
2018 $1,499 $63,500 $15,000 $48,500
2017 $3,134 $132,800 $0 $0
2016 $1,716 $127,833 $0 $0
2015 $1,716 $122,867 $0 $0
2014 $1,716 $117,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2058144

Bright MLS

APN: 7863-062N