NOT LISTED FOR SALE

2220 Madison Ave Baltimore, MD 21217

Reservoir Hill Neighborhood

Estimated Value: $391,000 - $452,867

-- Bed
3 Baths
3,178 Sq Ft
$133/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $290,000 $91 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,852/month

36 Days on Market

Highlights

  • Open Floorplan
  • Built-In Features
  • 2-minute walk to Madison and Whitelock Park
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of July 2021

Oversized duplex in historic Reservoir Hill! Tons of upgrades! Roof replaced 2018, full Reno in 2014 included new HVAC systems for each unit. Both units have hardwood floors, granite countertops and open concept kitchens. Lower unit is 3/1, upper is 3/2/1. Long term tenants that want to stay. Current total annual rent of $30,540. EASY property to manage with very low maintenance. Perfect rental to add to your portfolio!!

Last Agent to Sell the Property

Jennifer Schimpf

Next Step Realty Listed on: 04/28/2021

Next Step Realty

Last Buyer's Agent

Ronald Edwards

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,647

Year Built

  • Built in 1900 | Remodeled in 2014

Lot Details

  • 3,018 Sq Ft Lot
  • Ground Rent of $60 per year

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Partially Finished Basement

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • The owner pays for water, real estate taxes, repairs, advertising/licenses and permits, management
  • Tax Lot 003
  • Assessor Parcel Number 0313083423 003

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 4-Story Building

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,647

Year Built

Built in 1900 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Ground Rent
  • New Construction: No
  • Expected On Market: 2021-04-28
  • Year Built: 1900
  • Year Renovated: 2014
  • Automatically Close On Close Date: No
  • Remarks Public: Oversized duplex in historic Reservoir Hill! Tons of upgrades! Roof replaced 2018, full Reno in 2014 included new HVAC systems for each unit. Both units have hardwood floors, granite countertops and open concept kitchens. Lower unit is 3/1, upper is 3/2/1. Long term tenants that want to stay. Current total annual rent of $30,540. EASY property to manage with very low maintenance. Perfect rental to add to your portfolio!!
  • Special Features: None

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Washer, Dryer, Oven/Range - Gas
  • Interior Amenities: Built-Ins, Floor Plan - Open
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 3704
  • Living Area Sq Ft: 3178
  • Price Per Sq Ft: 107.63
  • Above Grade Finished Sq Ft: 2778
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 526
  • Total Below Grade Sq Ft: 926
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2220

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: 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
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 141800.00
  • Land Assessed Value: 69000.00
  • Land Use Code: 003
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3018.00
  • Year Assessed: 2021
  • Zoning: C-2
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Long Term
  • Ground Rent Amt: 60.00
  • Ground Rent Pymnt Freq: Annually
  • Owner Pays: Water, Taxes - Real Estate, Repairs, Advertising/Licenses And Permits, Management
  • Rent Control: No
  • Total Actual Rent: 30540.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12963236
  • Tax Annual Amount: 4647.00
  • Assessor Parcel Number: 0313083423 003
  • Tax Lot: 003
  • Tax Total Finished Sq Ft: 3178
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 07/06/2021

Multi Family

  • Income Includes: Apartment Rentals
  • 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

Closed on
Apr 7, 2006
Sold by
Dorsey Mamie E
Bought by
Bellamy Christien
Current Estimated Value
$421,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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
Bellamy Christien $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roachg Lymph Charlene C $246,500
Closed Umberger Lisa $75,000
Closed Bellamy Christien $342,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2021 07/06/21 Sold $290,000 -3.0% $91 / Sq Ft
04/28/2021 04/28/21 For Sale $299,000 +510.2% $94 / Sq Ft
05/02/2013 05/02/13 Sold $49,000 -5.8% $18 / Sq Ft
01/16/2013 01/16/13 Pending -- -- --
12/12/2012 12/12/12 Price Changed $52,000 -8.8% $19 / Sq Ft
11/18/2012 11/18/12 Price Changed $57,000 -8.1% $21 / Sq Ft
10/17/2012 10/17/12 For Sale $62,000 -- $22 / 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 $6,685 $321,500 $69,000 $252,500
2024 $6,685 $284,600 $0 $0
2023 $5,818 $247,700 $0 $0
2022 $4,975 $210,800 $69,000 $141,800
2021 $4,811 $203,867 $0 $0
2020 $4,648 $196,933 $0 $0
2019 $5,235 $222,900 $69,000 $153,900
2018 $4,530 $191,967 $0 $0
2017 $3,800 $161,033 $0 $0
2016 $3,577 $130,100 $0 $0
2015 $3,577 $106,733 $0 $0
2014 $3,577 $111,367 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Schimpf

    Seller's Agent in 2021

    Jennifer Schimpf

    Next Step Realty

    (410) 739-9134

    1 in this area

    30 Total Sales

    Jennifer Schimpf
    Section Image
  • Ronald Edwards

    Buyer's Agent in 2021

    Ronald Edwards

    Compass

    (202) 696-9154

    1 in this area

    106 Total Sales

    Ronald Edwards
    Section Image

  • J

    Seller's Agent in 2013

    Josh Mente

    Keller Williams Legacy

    (410) 394-9114

    23 Total Sales

    Josh Mente
    Section Image
  • Denis Uhrin

    Buyer's Agent in 2013

    Denis Uhrin

    Ultimate Homes Realty, LLC

    (410) 808-0230

    13 Total Sales

    Denis Uhrin
    Section Image
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Map

Source: Bright MLS

MLS Number: MDBA547950

Bright MLS

APN: 3423-003

Maryland Baltimore City County Baltimore 21217 Reservoir Hill

2220 Madison Ave, Baltimore, MD

This home is located at 2220 Madison Ave, Baltimore, MD 21217 since 28 April 2021 and is currently estimated at $421,934, approximately $132 per square foot. This property was built in 1900. 2220 Madison Ave is a home located in Baltimore City with nearby schools including John Eager Howard Elementary School, Mount Royal Elementary/Middle School, and Booker T. Washington Middle School.

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