NOT LISTED FOR SALE

Estimated Value: $109,000 - $115,363

-- Bed
2 Baths
1,744 Sq Ft
$64/Sq Ft Est. Value

Last Sold June 25, 2019

Last sale price $60,000 $34 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $740/month

14 Days on Market

Highlights

  • A-Frame Home
  • Hot Water Heating System
  • Concrete Flooring
  • No HOA

About This Home

As of June 2019

Multi unit, immediate income producing property in Baltimore's Druid Hill area. High ceilings long hall ways large rental units (2). Owner is ready to unload and SELL!

Last Agent to Sell the Property

Nikita McDaniel

City Chic Real Estate Listed on: 05/30/2019

Last Buyer's Agent

Nikita McDaniel

City Chic Real Estate Listed on: 05/30/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $590

Year Built

  • Built in 1920

Lot Details

  • 1,744 Sq Ft Lot
  • Ground Rent of $90 semi-annually

Parking

  • On-Street Parking

Home Design

  • 1,744 Sq Ft Home
  • Duplex
  • A-Frame Home
  • Bi-Level Home
  • Flat Roof Shape
  • Brick Exterior Construction
  • Plaster Walls

Flooring

  • Concrete
  • Vinyl

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater
  • Municipal Trash
  • Public Septic

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for repairs, sewer, sewer maintenance, personal property taxes
  • Tax Lot 005
  • Assessor Parcel Number 0313053228C005

Community Details

Overview

  • No Home Owners Association
  • Reservoir Hill Historic District Subdivision

Building Details

  • Rent Control
  • Gross Income $17,400
  • Net Operating Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$590

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Bi-Level, A-Frame
  • Ownership: Ground Rent
  • Exclusions: no exclusions
  • Historic: No
  • Inclusions: Property comes with all appliances, tenant's leases and rent roll
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: Multi unit, immediate income producing property in Baltimore's Druid Hill area. High ceilings long hall ways large rental units (2). Owner is ready to unload and SELL!
  • Special Features: None

Interior Features

  • Flooring Type: Vinyl, Concrete
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Room Count: 6
  • Basement: Yes
  • Total Sq Ft: 1744
  • Living Area Sq Ft: 1744
  • Price Per Sq Ft: 34.40
  • Above Grade Finished Sq Ft: 1744
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2271

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Flat
  • Spa: No
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electric Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Use Code: 003
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1744.00
  • Year Assessed: 2019
  • Zoning: C-1
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Ground Rent Amt: 90.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Semi-Annually
  • Owner Pays: None, Repairs, Sewer, Sewer Maintenance, Taxes - Personal Property
  • Rent Control: Yes
  • Total Actual Rent: 17400.00
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 590.00
  • Assessor Parcel Number: 0313053228C005
  • Tax Lot: 005
  • Tax Total Finished Sq Ft: 1744
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 06/25/2019

Multi Family

  • Gross Income: 17400.00
  • Gross Scheduled Income: 17400.00
  • Income Expense List: Annual Ground Rent
  • Other Units: Unit 1,Unit 2
  • Single Room Units Count: 6

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2019
Closed on
Jun 24, 2019
Sold by
Sandel Investments Llc
Bought by
Fischerone Llc
Seller's Agent
Nikita McDaniel
City Chic Real Estate
Buyer's Agent
Nikita McDaniel
City Chic Real Estate
List Price
$60,000
Sold Price
$60,000
Total Days on Market
14
Current Estimated Value
$112,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,182
Avg. Annual Appreciation
10.54%

Purchase Details

Closed on
Apr 15, 2010
Sold by
Deutsche Bank National
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 8, 2006
Sold by
Boone Charles L
Bought by
Boone Charles L and Boone Donna D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
6.27%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 25, 2006
Sold by
Boone Charles L
Bought by
Boone Charles L and Boone Donna D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
6.27%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 21, 2001
Sold by
Barksdale Joseph L
Bought by
Boone Charles L
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
Fischerone Llc $1,500 Homesale Settlement Services
Wells Fargo Bank Na $15,000 --
Deutsche Bank National Association $51,000 --
Boone Charles L $31,200 --
Boone Charles L $31,200 --
Boone Charles L $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boone Charles L $62,400
Previous Owner Boone Charles L $62,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2019 06/25/19 Sold $60,000 0.0% $34 / Sq Ft
05/30/2019 05/30/19 For Sale $60,000 -- $34 / 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
2024 $1,740 $74,100 $20,000 $54,100
2023 $1,740 $74,100 $20,000 $54,100
2022 $2,093 $88,700 $20,000 $68,700
2021 $2,067 $87,567 $0 $0
2020 $2,040 $86,433 $0 $0
2019 $587 $25,000 $20,000 $5,000
2018 $1,329 $56,333 $0 $0
2017 $960 $40,667 $0 $0
2016 -- $52,600 $0 $0
2015 $997 $49,100 $0 $0
2014 $997 $48,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA470686

Bright MLS

APN: 3228C-005