NOT LISTED FOR SALE

231 S Highland Ave Baltimore, MD 21224

Highlandtown Neighborhood

Estimated Value: $252,000 - $349,316

Studio
2 Baths
1,680 Sq Ft
$179/Sq Ft Est. Value

Sale Details

Date Sold: December 16, 2013

Last sale price $130,000 $77 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $1,985 / mo

39 Days on Market

Highlights

  • Space For Rooms
  • 1 Car Attached Garage
  • Ceiling Fan
  • No HOA
  • Window Unit Cooling System
  • Radiator

About This Home

As of December 2013

Opportunity is knocking at Storefront-Potential 8-9% return on investment opt w/ income producing property, storefront & garage parking, zoned R8 (buyer to verify) w/ over 2500 sq ft of space: w/ Cash Acquisition of $149K + estimate $100K in renovations (buyer to verify), potential residential rent $1750/mo + potential $420/mo storefront. minus taxes & insurance= potentially $22K net annually.

Last Agent to Sell the Property

Jaime Gervasi

(443) 318-8800 broker@kwgatewayhomes.com Keller Williams Gateway LLC License #604241 Listed on: 10/01/2013

Keller Williams Gateway LLC

Last Buyer's Agent

Robert Kaetzel

(410) 918-9740 robert@reprofessionals.com Real Estate Professionals, Inc. License #506265

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • Property is in below average condition

Parking

  • 1 Car Attached Garage
  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Stove

Improved Basement

  • Connecting Stairway
  • Space For Rooms
  • Basement Windows

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for real estate taxes, insurance, all utilities
  • Tax Lot 001
  • Assessor Parcel Number 0326166301 001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes parking, professional offices
  • Operating Expense $7,788

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Stove, Refrigerator
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Improved, Connecting Stairway, Space For Rooms, Windows
  • Price Per Sq Ft: 88.69

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Natural Gas, Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 94700.00
  • Land Assessed Value: 60000.00
  • Lot Size Units: Square Feet
  • Property Condition: Below Average
  • Zoning: 8
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Taxes - Real Estate, Insurance, All Utilities
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13056387
  • Tax Annual Amount: 3650.92
  • Assessor Parcel Number: 0326166301 001
  • Tax Lot: 001
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Multi Family

  • Gross Income: 14400.00
  • Income Includes: Parking, Professional Offices
  • Metering: Electric Separate
  • Operating Expense: 7788.00
  • Vacancy Allowance Rate: 33.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2013
Closed on
Dec 16, 2013
Sold by
Bought by
Seller's Agent
Jaime Gervasi
Keller Williams Gateway LLC
Buyer's Agent
Robert Kaetzel
Real Estate Professionals, Inc.
List Price
$159,001
Sold Price
$130,000
Premium/Discount to List
-$29,001
-18.24%
Current Estimated Value
$300,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,658
Avg. Annual Appreciation
6.90%
Original Mortgage
$121,000
Outstanding Balance
$87,955
Interest Rate
13.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$212,703

Purchase Details

Closed on
May 16, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
13.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2005
Sold by
Bought by

Purchase Details

Closed on
Feb 3, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$130,000 None Available
-- None Available
-- --
$45,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $121,000
Previous Owner $121,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2013 12/16/13 Sold $130,000 0.0% $77 / Sq Ft
12/16/2013 12/16/13 Sold $130,000 -12.8% $77 / Sq Ft View Prior Sale
11/09/2013 11/09/13 Pending -- -- --
11/09/2013 11/09/13 Pending -- -- --
10/12/2013 10/12/13 Price Changed $149,000 -6.3% $89 / Sq Ft
10/08/2013 10/08/13 Price Changed $159,000 0.0% $95 / Sq Ft
10/01/2013 10/01/13 Price Changed $159,001 0.0% $95 / Sq Ft
10/01/2013 10/01/13 For Sale $159,001 0.0% $95 / Sq Ft
09/23/2013 09/23/13 Price Changed $159,000 0.0% $95 / Sq Ft
09/19/2013 09/19/13 Price Changed $159,001 0.0% $95 / Sq Ft
09/06/2013 09/06/13 Price Changed $159,000 0.0% $95 / Sq Ft
09/03/2013 09/03/13 Price Changed $159,001 0.0% $95 / Sq Ft
08/25/2013 08/25/13 Price Changed $159,000 0.0% $95 / Sq Ft
08/19/2013 08/19/13 Price Changed $159,001 0.0% $95 / Sq Ft
07/12/2013 07/12/13 For Sale $159,000 -- $95 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,456 $189,700 $60,000 $129,700
2024 $4,345 $185,000 -- --
2023 $4,235 $180,300 $0 $0
2022 $4,144 $175,600 $60,000 $115,600
2021 $3,998 $169,400 $0 $0
2020 $3,852 $163,200 $0 $0
2019 $3,688 $157,000 $60,000 $97,000
2018 $3,705 $157,000 $60,000 $97,000
2017 $3,705 $157,000 $0 $0
2016 $2,305 $157,000 $0 $0
2015 $2,305 $156,233 $0 $0
2014 $2,305 $155,467 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jaime Gervasi

    Seller's Agent in 2013

    Jaime Gervasi

    Keller Williams Gateway LLC

    (410) 830-9435

    114 Total Sales

    Jaime Gervasi
    Section Image
  • Robert Kaetzel

    Buyer's Agent in 2013

    Robert Kaetzel

    Real Estate Professionals, Inc.

    (410) 916-8200

    353 Total Sales

    Robert Kaetzel
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003735054

Bright MLS

APN: 6301-001

Maryland Baltimore City County Baltimore 21224 Highlandtown

231 S Highland Ave, Baltimore, MD

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