NOT LISTED FOR SALE

2232 Penrose Ave Baltimore, MD 21223

Lexington Neighborhood

Estimated Value: $55,000

3 Beds
1 Bath
1,332 Sq Ft
$41/Sq Ft Est. Value

Last Sold February 08, 2021

Last sale price $35,000 $26 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $371/month

About This Home

As of February 2021

Absolute Auction! This bank owned 3 BR/ 1 BA row house will be sold to the highest bidder regardless of price at on-line auction ending 12/8 at noon. List price is 50% of tax assessment. Actual price to be determined at Auction! Go to Tranzon website for complete details.

Last Agent to Sell the Property

Jeff Stein

(888) 621-2110 jstein@tranzon.com Tranzon Key Listed on: 11/14/2020

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1925

Lot Details

  • 1,260 Sq Ft Lot
  • Ground Rent of $240 semi-annually

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,332 Sq Ft Home
  • Property has 2 Levels
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Penrose Subdivision

Listing and Financial Details

  • Tax Lot 017
  • Assessor Parcel Number 0320230159A017

Townhouse Details

Home Type

Townhome

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Ground Rent
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: Auction
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 1332
  • Living Area Sq Ft: 1332
  • Price Per Sq Ft: 14.26
  • Above Grade Finished Sq Ft: 1332
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

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: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 31000.00
  • Land Assessed Value: 7000.00
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1260.00
  • Zoning: R-7
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 240.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Semi-Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13018990
  • Tax Annual Amount: 896.00
  • Assessor Parcel Number: 0320230159A017
  • Tax Lot: 017
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2020
Closed on
Feb 8, 2021
Sold by
Wesbanco Bank Inc
Bought by
Hope City Homes Llc
Seller's Agent
Jeff Stein
Tranzon Key
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$19,000
Sold Price
$35,000
Premium/Discount to List
$16,000
84.21%
Current Estimated Value
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,000
Avg. Annual Appreciation
10.05%

Purchase Details

Closed on
Jul 22, 2008
Sold by
Intercoastal Investment Trust
Bought by
Wright Gordon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2008
Sold by
Intercoastal Investment Trust
Bought by
Wright Gordon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2008
Sold by
Taylor Dozene
Bought by
Deutsche Bank National Trust

Purchase Details

Closed on
Mar 10, 2008
Sold by
Taylor Dozene
Bought by
Deutsche Bank National Trust and Company

Purchase Details

Closed on
Apr 15, 1999
Sold by
Holding Pile Residential Llc
Bought by
Taylor Dozene and Taylor Eddie

Purchase Details

Closed on
Jun 5, 1998
Sold by
Brown George R
Bought by
Holding Pile Residential Llc
Source: Public Records

Range of Values:

Collateral Analytics

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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
Hope City Homes Llc $35,000 Chicago Title
Hope City Homes Llc $35,000 Chicago Title
Wright Gordon S $48,400 --
Intercoastal Investment Trust $36,000 --
Wright Gordon S $48,400 --
Intercoastal Investment Trust $36,000 --
Deutsche Bank National Trust $72,000 --
Deutsche Bank National Trust $72,000 --
Taylor Dozene $64,900 --
Holding Pile Residential Llc $926 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Intercoastal Investment Trust $54,000
Previous Owner Intercoastal Investment Trust $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2021 02/08/21 Sold $35,000 +84.2% $26 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
11/14/2020 11/14/20 For Sale $19,000 -- $14 / 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 $996 $40,667 -- --
2024 $996 $42,400 $0 $0
2023 $846 $36,000 $7,000 $29,000
2022 $850 $36,000 $7,000 $29,000
2021 $850 $36,000 $7,000 $29,000
2020 $897 $38,000 $7,000 $31,000
2019 $877 $37,333 $0 $0
2018 $865 $36,667 $0 $0
2017 $850 $36,000 $0 $0
2016 $853 $36,000 $0 $0
2015 $853 $36,000 $0 $0
2014 $853 $36,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Stein

    Seller's Agent in 2021

    Jeff Stein

    Tranzon Key

    (888) 621-2110

    1 in this area

    86 Total Sales

    Jeff Stein
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Map

Source: Bright MLS

MLS Number: MDBA531866

Bright MLS

APN: 0159A-017

Maryland Baltimore City County Baltimore 21223 Lexington

2232 Penrose Ave, Baltimore, MD

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