NOT LISTED FOR SALE

Estimated Value: $668,243 - $762,000

-- Bed
3 Baths
4,140 Sq Ft
$173/Sq Ft Est. Value

Last Sold September 05, 2018

Last sale price $342,000 $83 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $4,641/month

Highlights

  • Main Floor Bedroom
  • Forced Air Heating System
  • Walk-Up Access
  • No HOA
  • Property is in very good condition
  • 4-minute walk to Castle Street Park

About This Home

As of September 2018

Spectacular opportunity to own a rarely avail. multi family home w/ 4000+ sq ft, currently set up as a 2 unit. Per Balt City, property would qualify for 3 unit if you add 1 parking space, & possibly 4 units if you add 2 parking spaces. Currently set up as 2 units w/ 2 Bedrooms, 1 Full Bath & 1 Kitchen on each of the 3 levels. 2 Separate meters in basement, 1 unit ez to add AC to unit. Sold "As-Is"

Last Agent to Sell the Property

Jaime Gervasi

(410) 830-9435 jaime@jaimegervasi.com Keller Williams Gateway LLC License #604241 Listed on: 08/01/2018

Keller Williams Gateway LLC

Last Buyer's Agent

Colleen McDermond

(443) 802-4095 colleen@remaxcanton.com Berkshire Hathaway HomeServices Homesale Realty

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,297

Year Built

  • Built in 1900

Lot Details

  • Ground Rent of $80 per year
  • Property is in very good condition

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • Main Floor Bedroom

Unfinished Basement

  • Partial Basement
  • Walk-Up Access
  • Exterior Basement Entry
  • Basement Windows

Parking

  • Free Parking
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for insurance, real estate taxes
  • Tax Lot 037
  • Assessor Parcel Number 0301011748 037

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Butcher's Hill Subdivision

Building Details

  • Operating Expense $8,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,297

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Ground Rent
  • New Construction: No
  • Expected On Market: 2018-08-01
  • Year Built: 1900
  • Remarks Public: Spectacular opportunity to own a rarely avail. multi family home w/ 4000+ sq ft, currently set up as a 2 unit. Per Balt City, property would qualify for 3 unit if you add 1 parking space, & possibly 4 units if you add 2 parking spaces. Currently set up as 2 units w/ 2 Bedrooms, 1 Full Bath & 1 Kitchen on each of the 3 levels. 2 Separate meters in basement, 1 unit ez to add AC to unit. Sold "As-Is"
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Entry Level Bedroom
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Partial, Unfinished, Walkout Stairs, Windows
  • Price Per Sq Ft: 84.54
  • Street Number Modifier: 2106

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Free
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • 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

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454

Lot Info

  • Improvement Assessed Value: 274100.00
  • Land Assessed Value: 100000.00
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: 8
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 80.00
  • Ground Rent Pymnt Freq: Annually
  • Owner Pays: Insurance, Taxes - Real Estate
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12900335
  • Tax Annual Amount: 7297.12
  • Assessor Parcel Number: 0301011748 037
  • Tax Lot: 037
  • Tax Total Finished Sq Ft: 4140
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 09/05/2018

Multi Family

  • Gross Income: 45600.00
  • Operating Expense: 8000.00
  • Vacancy Allowance Rate: 100.00

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Sep 19, 2018
Sold by
Lee Reed
Bought by
Shipley Michael
Seller's Agent
Jaime Gervasi
Keller Williams Gateway LLC
Buyer's Agent
Colleen McDermond
Berkshire Hathaway HomeServices Homesale Realty
List Price
$350,000
Sold Price
$342,000
Premium/Discount to List
-$8,000
-2.29%
Current Estimated Value
$715,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,122
Avg. Annual Appreciation
10.93%
Original Mortgage
$256,500
Outstanding Balance
$223,704
Interest Rate
4.6%
Estimated Equity
$491,418

Purchase Details

Closed on
Jun 16, 2004
Sold by
Riggle Anne R
Bought by
Reber Tim and Reed Lee
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
Shipley Michael $342,000 --
Reber Tim $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shipley Michael $256,500
Closed Shipley Michael --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2018 09/05/18 Sold $342,000 -2.3% $83 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $350,000 -- $85 / 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 $10,202 $445,633 -- --
2024 $10,202 $434,367 $0 $0
2023 $9,985 $423,100 $100,000 $323,100
2022 $9,600 $406,767 $0 $0
2021 $9,214 $390,433 $0 $0
2020 $8,053 $374,100 $100,000 $274,100
2019 $7,504 $352,467 $0 $0
2018 $4,358 $330,833 $0 $0
2017 $4,287 $309,200 $0 $0
2016 $3,909 $306,133 $0 $0
2015 $3,909 $303,067 $0 $0
2014 $3,909 $300,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002122266

Bright MLS

APN: 1748-037