NOT LISTED FOR SALE

2040 E Preston St Baltimore, MD 21213

Broadway East Neighborhood

Estimated Value: $193,743 - $208,000

2 Beds
2.5 Baths
-- Sq Ft
1915 Built

Last Sold April 25, 2022

Last sale price $179,900

Est. 11% increase in value since last sale

Current estimated payment $1,322/month

Highlights

  • Federal Architecture
  • Forced Air Heating and Cooling System
  • 2-minute walk to Collington Square Park
  • No HOA
  • Privacy Fence

About This Home

As of April 2022

**VACANT TO VALUE BOOSTER ELIGIBLE** A prime location, bright and beautifully finished.... everything you have been searching for is at 2040 E Preston St! This 2BR, 2.5BA home features an open main level with big front windows to let the sunshine in, a wet bar, and a kitchen with stainless appliances and plenty of cabinet space. Upstairs each bedroom has its own private bath and the rear bedroom accesses the upper level deck. Upper level laundry for added convenience. Finish it off with a finished basement and rear fenced in yard. This block is close to Johns Hopkins, Eager Park, The Hoen Building, and all the growing amenities of East Baltimore. The 2000 block of E Preston is changing fast, come be a part of this exciting revitalization! Make an appointment and fall in love with your new home today!

Last Agent to Sell the Property

Monique Speight

(443) 558-6965 moniquespeightpro@gmail.com Realty One Group Universal License #5001434 Listed on: 01/11/2022

Realty One Group Universal

Last Buyer's Agent

Monique Speight

(443) 558-6965 moniquespeightpro@gmail.com Realty One Group Universal License #5001434 Listed on: 01/11/2022

Realty One Group Universal

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $118

Year Built

  • Built in 1915 | Remodeled in 2021

Lot Details

  • Privacy Fence
  • Ground Rent of $96 per year

Parking

  • On-Street Parking

Home Design

  • Federal Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 021
  • Assessor Parcel Number 0308111517 021

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$118

Year Built

Built in 1915 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Ground Rent
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1915
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Remarks Public: **VACANT TO VALUE BOOSTER ELIGIBLE** A prime location, bright and beautifully finished.... everything you have been searching for is at 2040 E Preston St! This 2BR, 2.5BA home features an open main level with big front windows to let the sunshine in, a wet bar, and a kitchen with stainless appliances and plenty of cabinet space. Upstairs each bedroom has its own private bath and the rear bedroom accesses the upper level deck. Upper level laundry for added convenience. Finish it off with a finished basement and rear fenced in yard. This block is close to Johns Hopkins, Eager Park, The Hoen Building, and all the growing amenities of East Baltimore. The 2000 block of E Preston is changing fast, come be a part of this exciting revitalization! Make an appointment and fall in love with your new home today!
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2040

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Privacy
  • Improvement Assessed Value: 2000.00
  • Land Assessed Value: 1000.00
  • Land Use Code: R
  • Lot Size Units: Square Feet
  • Year Assessed: 2021
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 96.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12925816
  • Tax Annual Amount: 118.00
  • Assessor Parcel Number: 0308111517 021
  • Tax Lot: 021
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 04/25/2022

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
Jan 11, 2022
Closed on
Apr 25, 2022
Sold by
Row Homes Llc
Bought by
Mercado Michael
Seller's Agent
Monique Speight
Realty One Group Universal
Buyer's Agent
Monique Speight
Realty One Group Universal
List Price
$184,900
Sold Price
$179,900
Premium/Discount to List
-$5,000
-2.7%
Current Estimated Value
$200,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,348
Avg. Annual Appreciation
1.96%
Original Mortgage
$10,000
Outstanding Balance
$9,529
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$182,704

Purchase Details

Closed on
May 3, 2018
Sold by
Mayor And City Council Of Baltimore
Bought by
Row Homes Llc

Purchase Details

Closed on
Sep 22, 2005
Sold by
P & L Investments Llc
Bought by
Mayor And City Council Of

Purchase Details

Closed on
Jan 4, 2001
Sold by
Norwest Bank Minnesota
Bought by
P & L Investments L L C

Purchase Details

Closed on
May 27, 1998
Sold by
Chase Management Inc
Bought by
Hicks Roger
Source: Public Records

Range of Values:

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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
Mercado Michael $179,900 Stewart Title Guaranty Company
Row Homes Llc $12,000 Eagle Premier Title Group Ll
Mayor And City Council Of $84,320 --
P & L Investments L L C -- --
P & L Investments L L C $3,000 --
P & L Investments L L C $25,000 --
Hicks Roger $16,000 --
Hicks Roger $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercado Michael $10,000
Closed Mercado Michael $10,000
Open Mercado Michael $172,503
Previous Owner Row Homes Llc $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2022 04/25/22 Sold $179,900 0.0% --
02/23/2022 02/23/22 Pending -- -- --
02/03/2022 02/03/22 Price Changed $179,900 -2.7% --
01/11/2022 01/11/22 For Sale $184,900 -- --
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 $3,179 $200,000 $40,000 $160,000
2024 $3,179 $135,333 $0 $0
2023 $1,660 $70,667 $0 $0
2022 $142 $6,000 $2,000 $4,000
2021 $118 $5,000 $0 $0
2020 $94 $4,000 $0 $0
2019 $70 $3,000 $1,000 $2,000
2018 $0 $3,000 $1,000 $2,000
2017 $71 $3,000 $0 $0
2016 -- $3,000 $0 $0
2015 -- $3,000 $0 $0
2014 -- $3,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Monique Speight

    Realty One Group Universal

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Map

Source: Bright MLS

MLS Number: MDBA2026584

Bright MLS

APN: 1517-021

Maryland Baltimore City County Baltimore 21213 Broadway East

2040 E Preston St, Baltimore, MD

This home is located at 2040 E Preston St, Baltimore, MD 21213 since 11 January 2022 and is currently estimated at $200,248. This property was built in 1915. 2040 E Preston St is a home located in Baltimore City with nearby schools including Harford Heights Elementary School, Booker T. Washington Middle School, and Paul Laurence Dunbar Community High School.

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