NOT LISTED FOR SALE

Estimated Value: $376,266 - $450,000

-- Bed
2 Baths
1,736 Sq Ft
$238/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $370,000 $213 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,767/month

11 Days on Market

Highlights

  • City View
  • Federal Architecture
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Unlock the potential of an investment property with this Federal Hill Unicorn Listing! This spacious, multi-unit home offers a rare opportunity to acquire an as-is, income-producing asset in one of the most beloved neighborhoods in all of Baltimore.

The building itself is large for a Baltimore row home, making it a unique find with plenty of space for future tenants. The two units in this home--one with one bedroom and one bathroom, and the other with two bedrooms and one bathroom--offer many possibilities for cosmetic upgrades so you can realize your own custom design. The incredible views from the bedrooms mean that a new rooftop deck would add much value in the warmer months, and there is space for installing a parking pad--always an appealing amenity in Federal Hill!

This home’s location on Ostend Street allows ready access to major highways including I-95 and the Baltimore-Washington Parkway, though the layout of the street gives it a peaceful feeling. It is within blocks of some of the most popular amenities Federal Hill has to offer including restaurants, bars, local shops, Federal Hill Park, and the upcoming stadium entertainment zone right by M&T Bank Stadium.

By investing in this charming home, you’ll be investing in the future of Federal Hill and Baltimore itself!

Last Agent to Sell the Property

Ron Monk

(410) 533-4447 ron@unicornlistings.com Cummings & Co. Realtors Listed on: 04/28/2022

Cummings & Co. Realtors

Last Buyer's Agent

Jeanine Whitehead

(443) 717-4260 jeaninewhitehead@kw.com Keller Williams Realty Centre License #627959

Keller Williams Realty Centre

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,070

Year Built

  • Built in 1900

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Federal Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • City Views

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 028
  • Assessor Parcel Number 0323060977 028

Community Details

Overview

  • 2 Units
  • Federal Hill Historic District Subdivision

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,070

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2022-04-28
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Unlock the potential of an investment property with this Federal Hill Unicorn Listing! This spacious, multi-unit home offers a rare opportunity to acquire an as-is, income-producing asset in one of the most beloved neighborhoods in all of Baltimore. The building itself is large for a Baltimore row home, making it a unique find with plenty of space for future tenants. The two units in this home--one with one bedroom and one bathroom, and the other with two bedrooms and one bathroom--offer many possibilities for cosmetic upgrades so you can realize your own custom design. The incredible views from the bedrooms mean that a new rooftop deck would add much value in the warmer months, and there is space for installing a parking pad--always an appealing amenity in Federal Hill! This home’s location on Ostend Street allows ready access to major highways including I-95 and the Baltimore-Washington Parkway, though the layout of the street gives it a peaceful feeling. It is within blocks of some of the most popular amenities Federal Hill has to offer including restaurants, bars, local shops, Federal Hill Park, and the upcoming stadium entertainment zone right by M&T Bank Stadium. By investing in this charming home, you’ll be investing in the future of Federal Hill and Baltimore itself!
  • Special Features: None

Interior Features

  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 2443
  • Living Area Sq Ft: 1736
  • Price Per Sq Ft: 213.13
  • Above Grade Finished Sq Ft: 1736
  • Below Grade Sq Ft: 707
  • Total Below Grade Sq Ft: 707
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 21

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • View: City
  • 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: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Land Use Code: R
  • Lot Size Units: Square Feet
  • Year Assessed: 2022
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: None
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6070.00
  • Assessor Parcel Number: 0323060977 028
  • Tax Lot: 028
  • Tax Total Finished Sq Ft: 1736
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 08/16/2022

Multi Family

  • Number Of Units Vacant: 2
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Aug 16, 2022
Sold by
Leto John T
Bought by
Gary Tiaira
Seller's Agent
Ron Monk
Cummings & Co. Realtors
Buyer's Agent
Jeanine Whitehead
Keller Williams Realty Centre
List Price
$370,000
Sold Price
$370,000
Current Estimated Value
$413,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,133
Avg. Annual Appreciation
1.12%
Original Mortgage
$485,012
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2016
Sold by
Ainsworth Matthew and Ainsworth Jamie
Bought by
Leto John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2009
Sold by
Leimbach Gretchen E
Bought by
Ainsworth Matthew B and Polek Jamie L

Purchase Details

Closed on
Jun 8, 1994
Sold by
Ibrahim S E
Bought by
Leimbach G E
Source: Public Records

Range of Values:

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Average Value
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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
Gary Tiaira $370,000 Universal Title
Leto John T $255,000 Sage Title Group Llc
Ainsworth Matthew B $255,000 --
Leimbach G E $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gary Tiaira $485,012
Previous Owner Leto John T $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $370,000 0.0% $213 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $370,000 -- $213 / 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 $6,907 $317,933 -- --
2024 $6,907 $294,067 $0 $0
2023 $6,346 $270,200 $140,000 $130,200
2022 $6,223 $263,700 $0 $0
2021 $6,070 $257,200 $0 $0
2020 $5,603 $250,700 $140,000 $110,700
2019 $5,575 $250,700 $140,000 $110,700
2018 $5,640 $250,700 $140,000 $110,700
2017 $5,778 $255,500 $0 $0
2016 $5,877 $245,867 $0 $0
2015 $5,877 $236,233 $0 $0
2014 $5,877 $226,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2042088

Bright MLS

APN: 0977-028