Seller's Agent in 2021
Will Cannon
Ben Frederick Realty, Inc.
(410) 916-3331
4 in this area
82 Total Sales
2208 Eutaw Place Baltimore, MD 21217
Reservoir Hill NeighborhoodEstimated Value: $554,664 - $617,000
--
Bed
6
Baths
4,025
Sq Ft
$146/Sq Ft
Est. Value
Highlights
- Federal Architecture
- Chairlift
- Multi-Tank Hot Water Heater
- No HOA
- 90% Forced Air Heating and Cooling System
- 4-minute walk to Park at Ducatel Street
About This Home
As of July 2021A great opportunity to own a multifamily property consisting of 3 apartments that were completely gut rehabbed in 2008 and is fully leased. 2208 Eutaw Place is a three unit multifamily building in beautiful Reservoir Hill. The building has 2 spacious two bedroom, two bath apartments and 1 spacious three bedroom, two bath 2 level apartment. The building was gut rehabbed in 2008. The full kitchens have stainless steel appliances (refrigerator, stove, built in microwave, dishwasher, disposal) granite counter tops and wooden cabinets. The units are good sized with 10 ft ceilings throughout and accented by exposed brick. All have in unit washer/dryer hook ups, in unit security system, good light and a spacious rear deck to complete the package. Mechanically the building is in great shape. The roof on the main building is new in 2019. ( torch down rubber) All windows replaced in 2008. All units are are separately metered with in unit electric panels with 200 Amp service. All units have their own forced air high efficiency gas furnace with central A/C and 40 gallon electric hot water tank. The plumbing and electric new as of 2008. The location offers a Walk Score of 75, This location is Very Walkable so most errands can be accomplished on foot. The building is located 1/2 mile from MICA (Maryland Institute College of Art) with Druid Hill Park and the Whitelock Community Farm both a short walk away. 2208 Eutaw Place presents a great opportunity to buy a recently rehabbed, well maintained 3 unit property with a 7.62 % Cap Rate and a 11.1% cash on cash return.
Last Agent to Sell the Property
(410) 916-3331 wcannon3@gmail.com Ben Frederick Realty, Inc. Listed on: 05/04/2021
Last Buyer's Agent
(301) 607-9119 realtorjoe@icloud.com Allison James Estates & Homes License #BR98375891
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,662
Year Built
- Built in 1907
Lot Details
- 2,610
Parking
- Parking Lot
Home Design
- Triplex
- Federal Architecture
- Brick Exterior Construction
- Combination Foundation
Utilities
- 90% Forced Air Heating and Cooling System
- Multi-Tank Hot Water Heater
Additional Features
- Chairlift
- 2,610 Sq Ft Lot
- Basement
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Tax Lot 005
- Assessor Parcel Number 0313083424 005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2021
Closed on
Aug 10, 2021
Sold by
The Vector Development Group Llc
Bought by
Mcmurray Alfred James and Mcmurray Susan
Seller's Agent
Will Cannon
Ben Frederick Realty, Inc.
Buyer's Agent
Joe Quinn
Allison James Estates & Homes
List Price
$450,000
Sold Price
$460,500
Premium/Discount to List
$10,500
2.33%
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
$125,332
Avg. Annual Appreciation
5.69%
Original Mortgage
$452,158
Interest Rate
3.01%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 25, 2005
Sold by
Steward Brian E
Bought by
Vector Development Group Llc and The
Purchase Details
Closed on
Jun 25, 2003
Sold by
Kennedy Ceophus
Bought by
Steward Brian E
Purchase Details
Closed on
Apr 2, 1997
Sold by
Logan Ralph D
Bought by
Kennedy Ceophus and Kennedy Alma
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 |
|---|---|---|---|
| Mcmurray Alfred James | $460,500 | Universal Title | |
| Vector Development Group Llc | $450,000 | -- | |
| Steward Brian E | $60,000 | -- | |
| Kennedy Ceophus | $32,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mcmurray Alfred James | $452,158 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/30/2021 07/30/21 | Sold | $460,500 | +2.3% | $114 / Sq Ft |
| 05/27/2021 05/27/21 | Pending | -- | -- | -- |
| 05/04/2021 05/04/21 | For Sale | $450,000 | -- | $112 / 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 | $10,135 | $441,600 | $50,000 | $391,600 |
| 2024 | $10,135 | $431,500 | $0 | $0 |
| 2023 | $9,898 | $421,400 | $0 | $0 |
| 2022 | $9,707 | $411,300 | $50,000 | $361,300 |
| 2021 | $6,662 | $282,300 | $50,000 | $232,300 |
| 2020 | $6,662 | $282,300 | $50,000 | $232,300 |
| 2019 | $7,046 | $300,000 | $50,000 | $250,000 |
| 2018 | $326 | $291,400 | $0 | $0 |
| 2017 | $317 | $282,800 | $0 | $0 |
| 2016 | $2,457 | $274,200 | $0 | $0 |
| 2015 | $2,457 | $264,167 | $0 | $0 |
| 2014 | $2,457 | $254,133 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Will Cannon
-
Joe Quinn
Buyer's Agent in 2021
Joe Quinn
Allison James Estates & Homes
(301) 607-9119
1 in this area
43 Total Sales
Map
Source: Bright MLS
MLS Number: MDBA549740
APN: 3424-005
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