Seller's Agent in 2020
Tom Fair
Ben Frederick Realty, Inc.
(410) 235-5200
48 Total Sales
2201 N Charles St Baltimore, MD 21218
Estimated Value: $450,930 - $459,000
--
Bed
3
Baths
3,480
Sq Ft
$131/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- No HOA
- Tankless Water Heater
- Wood Flooring
- Double Pane Windows
- 3-minute walk to Calvert Street Park
About This Home
As of February 2020Located in historic Old Goucher, this 4-unit Far Corner building contains a convenience store, a commercial kitchen, and two residential apartments.10,000 vehicles every day pass by this building at 22nd and North Charles St, most on their way home from work. The high traffic in this bustling business district ensures your commercial tenants will perform well and stay long-term. Residential tenants enjoy the privacy of a side-street entrance while staying close to the action. 2201 N Charles is an end unit with lots of natural light and excellent sign exposure to street traffic.Apartments are separately metered, allowing tenants to easily pay their own utilities. Both units are equipped with all-in-one washer/dryer units. Retail units share heating and cooling systems but have separate electric meters. Kitchen uses a 3-phase electric converter to power walk-in refrigerator. Kitchen includes three-compartment sink and 7 8 x 9 8 walk-in refrigerator.Commercial tenants require little to no management/maintenance, and both residential apartments are home to stable tenants. Enjoy instant cash flow and a quick return on investment. Add this income-producer to your portfolio or purchase it as your first investment!
Last Agent to Sell the Property
(410) 235-5200 tom@benfrederick.com Ben Frederick Realty, Inc. Listed on: 07/29/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,126
Year Built
- Built in 1920
Lot Details
- 1,870 Sq Ft Lot
- Lot Dimensions are 20 x 93.5
- Property is in very good condition
Parking
- On-Street Parking
Home Design
- Quadruplex
- Traditional Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Stone Foundation
- Rubber Roof
- Stone Siding
Interior Spaces
- 3,480 Sq Ft Home
- Ceiling height of 9 feet or more
- Double Pane Windows
- Replacement Windows
- Vinyl Clad Windows
- Unfinished Basement
- Partial Basement
- Window Bars
Flooring
- Wood
- Laminate
- Tile or Brick
Utilities
- Forced Air Heating and Cooling System
- Single-Phase Power
- Three-Phase Power
- 200+ Amp Service
- Tankless Water Heater
Listing and Financial Details
- Tax Lot 001
- Assessor Parcel Number 0312083819 001
Community Details
Overview
- No Home Owners Association
- 4 Units
- 4-Story Building
- Old Goucher Subdivision
Building Details
- Insurance Expense $2,000
- Maintenance Expense $4,000
- Operating Expense $14,777
- Gross Income $49,200
- Net Operating Income $34,423
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 29, 2019
Closed on
Feb 7, 2020
Sold by
2201 Charles Llc
Bought by
Ayfem Enterprises Llc
Seller's Agent
Tom Fair
Ben Frederick Realty, Inc.
Buyer's Agent
Jennifer Mccluskey(Yox)
RE/MAX First Choice
List Price
$365,000
Sold Price
$350,000
Premium/Discount to List
-$15,000
-4.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,965
Avg. Annual Appreciation
4.73%
Original Mortgage
$280,000
Outstanding Balance
$247,920
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$207,045
Purchase Details
Closed on
Jun 3, 1991
Sold by
Komins
Bought by
Kang Yong H and Kang Chung Hi
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ayfem Enterprises Llc | $350,000 | Front Door Title Inc | |
| Kang Yong H | $162,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ayfem Enterprises Llc | $280,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/07/2020 02/07/20 | Sold | $350,000 | -4.1% | $101 / Sq Ft | |
| 11/12/2019 11/12/19 | Pending | -- | -- | -- | |
| 10/14/2019 10/14/19 | For Sale | $365,000 | 0.0% | $105 / Sq Ft | |
| 10/04/2019 10/04/19 | Pending | -- | -- | -- | |
| 07/29/2019 07/29/19 | For Sale | $365,000 | +52.1% | $105 / Sq Ft | |
| 05/29/2014 05/29/14 | Sold | $240,000 | -14.0% | $69 / Sq Ft | View Prior Sale |
| 02/06/2014 02/06/14 | Pending | -- | -- | -- | |
| 02/06/2014 02/06/14 | For Sale | $279,000 | -- | $80 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,713 | $350,000 | $90,000 | $260,000 |
| 2024 | $7,713 | $328,367 | $0 | $0 |
| 2023 | $7,239 | $306,733 | $0 | $0 |
| 2022 | $6,728 | $285,100 | $90,000 | $195,100 |
| 2021 | $6,528 | $276,600 | $0 | $0 |
| 2020 | $6,327 | $268,100 | $0 | $0 |
| 2019 | $6,097 | $259,600 | $90,000 | $169,600 |
| 2018 | $6,127 | $259,600 | $90,000 | $169,600 |
| 2017 | $6,127 | $259,600 | $0 | $0 |
| 2016 | $5,685 | $269,000 | $0 | $0 |
| 2015 | $5,685 | $259,333 | $0 | $0 |
| 2014 | $5,685 | $249,667 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Fair
-
Jennifer Mccluskey(Yox)
Buyer's Agent in 2020
Jennifer Mccluskey(Yox)
RE/MAX
(443) 506-3535
13 Total Sales
-
Ben Frederick
Seller's Agent in 2014
Ben Frederick
Live BFR, LLC
(410) 752-6400
18 Total Sales
Map
Source: Bright MLS
MLS Number: MDBA478570
APN: 3819-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 2110 N Charles St
- 2106 Saint Paul St
- 2208 Maryland Ave
- 2210 Maryland Ave
- 2212 Maryland Ave
- 118 W 21st St
- 1931 Saint Paul St
- 2222 N Calvert St
- 3 W 24th St
- 2303 N Calvert St
- 1824 Saint Paul St
- 309 E 22nd St
- 320 E 21st St
- 321 E 21st St
- 1815 Saint Paul St
- 309 E 23rd St
- 2424 N Calvert St
- 2426 N Calvert St
- 2331 Guilford Ave
- 1728 N Charles St
- 2203 N Charles St
- 2203 N Charles St Unit B
- 2203 N Charles St Unit 3
- 2205 N Charles St Unit 1B
- 2205 N Charles St Unit 2C
- 2205 N Charles St Unit 1C
- 2205 N Charles St
- 2211 N Charles St Unit 1
- 2211 N Charles St
- 2211 N Charles St Unit 3
- 2211 N Charles St Unit 2
- 10 E 22nd St Unit 2
- 10 E 22nd St Unit A
- 10 E 22nd St Unit B
- 10 E 22nd St
- 10 E 22nd St Unit 1B
- 12 E 22nd St Unit 2
- 12 E 22nd St Unit A
- 12 E 22nd St Unit B
- 12 E 22nd St