NOT LISTED FOR SALE

2040 W Fayette St Baltimore, MD 21223

Lexington Neighborhood

Estimated Value: $34,237 - $40,000

2 Beds
1 Bath
-- Sq Ft
1,200 Sq Ft Lot

Last Sold May 09, 2024

Last sale price $33,500

Est. 11% increase in value since last sale

Current estimated payment $247/month

15 Days on Market

Highlights

  • Federal Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of May 2024

ONLINE AUCTION: Bidding begins 04/04/2024 @ 10:00 AM. Bidding ends 04/08/2024 @ 11:10AM. List Price is Suggested Opening Bid. 2 Story Townhouse located in the Penrose area of Baltimore City. Residents can enjoy the nearby attractions such as Grace Medical Center, Westside Shopping Center, West Baltimore MARC Station, Carroll Park, & Carroll Park Golf Course. Easy Access to Major Traffic Arteries Edmondson Ave & Wilkens Ave. Property is Vacant. Deposit: $5,000.

Last Agent to Sell the Property

Adam Shpritz

(410) 365-3595 adam@ashlandauction.com Ashland Auction Group LLC License #RMR004765 Listed on: 03/25/2024

Co-Listed By

Lee Shpritz

(410) 488-3124 lee@ashlandauction.com Ashland Auction Group LLC

Last Buyer's Agent

Adam Shpritz

(410) 365-3595 adam@ashlandauction.com Ashland Auction Group LLC License #RMR004765 Listed on: 03/25/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $543

Year Built

  • Built in 1920

Lot Details

  • 1,200 Sq Ft Lot
  • Lot Dimensions are 15x80
  • Ground Rent of $48 semi-annually

Parking

  • On-Street Parking

Home Design

  • Federal Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Penrose Subdivision

Listing and Financial Details

  • Tax Lot 020A
  • Assessor Parcel Number 0320220176 020A

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$543

Year Built

Built in 1920

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: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: ONLINE AUCTION: Bidding begins 04/04/2024 @ 10:00 AM. Bidding ends 04/08/2024 @ 11:10AM. List Price is Suggested Opening Bid. 2 Story Townhouse located in the Penrose area of Baltimore City. Residents can enjoy the nearby attractions such as Grace Medical Center, Westside Shopping Center, West Baltimore MARC Station, Carroll Park, & Carroll Park Golf Course. Easy Access to Major Traffic Arteries Edmondson Ave & Wilkens Ave. Property is Vacant. Deposit: $5,000.
  • Special Features: Auction
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2040

Beds/Baths

  • Bedrooms: 2
  • 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
  • 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
  • Heating Fuel: Natural Gas
  • 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
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15X80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1200.00
  • Year Assessed: 2023
  • Zoning: R-7
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 48.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Semi-Annually
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 543.00
  • Assessor Parcel Number: 0320220176 020A
  • Tax Lot: 020A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/09/2024

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
Mar 25, 2024
Closed on
May 8, 2024
Sold by
Tk Healthcare Services Corp
Bought by
Gsp Iii Llc
Seller's Agent
Adam Shpritz
Ashland Auction Group LLC
Buyer's Agent
Adam Shpritz
Ashland Auction Group LLC
List Price
$20,000
Sold Price
$33,500
Premium/Discount to List
$13,500
67.5%
Views
20
Current Estimated Value
$37,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,619
Avg. Annual Appreciation
7.55%

Purchase Details

Listed on
Jul 31, 2020
Closed on
Sep 29, 2020
Sold by
Charm City Buyers Inc
Bought by
Tk Healthcare Services Corp
Seller's Agent
Adam Shpritz
Ashland Auction Group LLC
Buyer's Agent
Adam Shpritz
Ashland Auction Group LLC
List Price
$20,000
Sold Price
$29,700
Premium/Discount to List
$9,700
48.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%

Purchase Details

Closed on
Aug 9, 2006
Sold by
Oh George Kyong Hwan
Bought by
Trimizi Iqbal
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
Gsp Iii Llc $33,500 Golden Trust Title
Tk Healthcare Services Corp $29,700 New World Title Company Llc
Trimizi Iqbal $5,333 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2024 05/09/24 Sold $33,500 +67.5% --
04/09/2024 04/09/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $20,000 -32.7% --
09/30/2020 09/30/20 Sold $29,700 +48.5% -- View Prior Sale
08/26/2020 08/26/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $20,000 -- --
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 $587 $27,000 -- --
2024 $587 $25,000 $0 $0
2023 $543 $23,000 $4,000 $19,000
2022 $496 $21,000 $0 $0
2021 $448 $19,000 $0 $0
2020 $401 $17,000 $4,000 $13,000
2019 $384 $16,333 $0 $0
2018 $370 $15,667 $0 $0
2017 $354 $15,000 $0 $0
2016 $592 $15,000 $0 $0
2015 $592 $15,000 $0 $0
2014 $592 $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Shpritz

    Seller's Agent in 2024

    Adam Shpritz

    Ashland Auction Group LLC

    (410) 365-3595

    100 in this area

    3,916 Total Sales

    Adam Shpritz
    Section Image
  • Lee Shpritz

    Seller Co-Listing Agent in 2024

    Lee Shpritz

    Ashland Auction Group LLC

    (410) 488-3124

    99 in this area

    3,813 Total Sales

    Lee Shpritz
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDBA2119056

Bright MLS

APN: 0176-020A

Maryland Baltimore City County Baltimore 21223 Lexington

2040 W Fayette St, Baltimore, MD

This home is located at 2040 W Fayette St, Baltimore, MD 21223 since 25 March 2024 and is currently estimated at $37,119. This property was built in 1920. 2040 W Fayette St is a home located in Baltimore City with nearby schools including Mary Ann Winterling Elementary School, Booker T. Washington Middle School, and Frederick Douglass High School.

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