NOT LISTED FOR SALE

Estimated Value: $16,748 - $231,000

2 Beds
1 Bath
-- Sq Ft
1,005 Sq Ft Lot

Last Sold December 08, 2023

Last sale price $16,500

Est. 456% increase in value since last sale

Current estimated payment $542/month

12 Days on Market

Highlights

  • No HOA
  • Heating Available
  • 1-minute walk to Collington Square Park

About This Home

As of December 2023

ABSOLUTE ONLINE REAL ESTATE AUCTION TO THE HIGHEST BIDDER OVER $5,000!! Online Bidding Opens - Monday, October 30, 2023. Bidding Closes - Wednesday, November 1, 2023 at 11:00 am. List price is opening bid only. 2245 E. Preston Street is located in the Broadway East neighborhood of east Baltimore City. Surrounding neighborhoods include Berea, Biddle Street and Oliver. According to LiveBaltimore, the neighborhood has experienced a resurgence in investment, of which, some notable ones feature American Brewery building on Gay Street, the non-profit Humanim, Inc., and the Baltimore Food Hub campus which hosts several food related businesses. Another development in the neighborhood is the Hoen Lithograph building, one of Baltimore’s architectural treasures. The building has been repurposed and provides job opportunities, job training, and neighborhood amenities. The property is also located within a mile distance of Clifton Park, which offers an array of recreational activities such as an 18-hole golf course and clay tennis courts. Major employers in the area include Johns Hopkins Hospital, Ferguson Plumbing Supply, and the District Court for Baltimore City.

Last Agent to Sell the Property

Luis Arrazola

A.J. Billig & Company License #676566 Listed on: 10/12/2023

Co-Listed By

Charles Billig

A.J. Billig & Company

Last Buyer's Agent

Luis Arrazola

A.J. Billig & Company License #676566 Listed on: 10/12/2023

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1920

Lot Details

  • 1,005 Sq Ft Lot
  • Ground Rent of $90 semi-annually

Home Design

  • Fixer Upper
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Property has 2 Levels
  • Heating Available
  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Broadway East Subdivision

Listing and Financial Details

  • Tax Lot 038
  • Assessor Parcel Number 0308141535 038

Townhouse Details

Home Type

Townhome

Year Built

Built in 1920

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: 1920
  • Automatically Close On Close Date: No
  • Special Features: Auction
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2245

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

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

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • 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: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1005.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2023
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 90.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Semi-Annually
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 448.00
  • Assessor Parcel Number: 0308141535 038
  • Tax Lot: 038
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/08/2023

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
Oct 12, 2023
Closed on
Dec 8, 2023
Sold by
Baylor Stallings Property Development Gr
Bought by
Ltr Construction Llc
Seller's Agent
Luis Arrazola
A.J. Billig & Company
Buyer's Agent
Luis Arrazola
A.J. Billig & Company
List Price
$5,000
Sold Price
$16,500
Premium/Discount to List
$11,500
230%
Views
34
Current Estimated Value
$91,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,297
Avg. Annual Appreciation
152.62%

Purchase Details

Closed on
Jan 27, 2006
Sold by
Baylor Stallings Property
Bought by
Baylor Stallings Property and Development Group, Llc. And

Purchase Details

Closed on
Jun 21, 2004
Sold by
Proctor Francis D
Bought by
Baylor Stallings Property and Development Group Llc, The
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ltr Construction Llc $16,500 Endeavor Title
Baylor Stallings Property $12,700 --
Baylor Stallings Property $3,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $16,500 +230.0% --
10/24/2023 10/24/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $5,000 -- --
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 $478 $8,100 $2,000 $6,100
2024 $478 $20,333 $0 $0
2023 $462 $19,667 $0 $0
2022 $448 $19,000 $4,000 $15,000
2021 $417 $17,667 $0 $0
2020 $385 $16,333 $0 $0
2019 $352 $15,000 $3,000 $12,000
2018 $354 $15,000 $3,000 $12,000
2017 $354 $15,000 $0 $0
2016 $284 $15,000 $0 $0
2015 $284 $14,000 $0 $0
2014 $284 $13,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2102304

Bright MLS

APN: 1535-038