NOT LISTED FOR SALE

2400 Eutaw Place Baltimore, MD 21217

Reservoir Hill Neighborhood

Estimated Value: $613,000 - $821,084

Studio
6 Baths
7,110 Sq Ft
$101/Sq Ft Est. Value

Last Sold October 24, 2013

Last sale price $275,000 $39 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $4,780/month

1,157 Days on Market

Highlights

  • 0.33 Acre Lot
  • 6 Car Detached Garage
  • Baseboard Heating
  • No HOA
  • Window Unit Cooling System
  • 1-minute walk to Madison and Whitelock Park

About This Home

As of October 2013

MULTI-FAMILY BUILDING WITH 6 UNITS (SOME RENTED ON MONTH TO MONTH LEASES), A GARAGE SPACE FOR EACH UNIT, AND POTENTIAL TO EXPAND ON LAND ON PARCEL. BUILDING CONSISTS OF ONE 1BR, ONE 2BR, THREE 2BR + DEN, AND ONE 3BR. ALL UNITS SEPERATELY METERED AND TENANT PAID EXCEPT WATER. BUYER TO VERIFY EXPANSION OPPORTUNITES ON LOT. BUILDING IS BANK OWNED AND SOLD AS-IS.

Last Agent to Sell the Property

Leonard Parrish

lparrish@garceaurealty.com Garceau Realty Listed on: 07/20/2010

Last Buyer's Agent

Leonard Parrish

lparrish@garceaurealty.com Garceau Realty Listed on: 07/20/2010

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 0.33

Parking

  • 6 Car Detached Garage

Home Design

  • Brick Exterior Construction

Utilities

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

Additional Features

  • Partial Basement
  • 0.33 Acre Lot

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0313083421 001

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Reservoir Hill Historic District Subdivision

Building Details

  • Income includes parking

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

0

Parking

6

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Partial
  • Price Per Sq Ft: 70.31

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: 6.00
  • Garage: Yes
  • Parking Features: Garage
  • Number Of Detached Garage Spaces: 6
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • Heating Fuel: Electric, Oil
  • Heating Type: Baseboard, 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: 386730.00
  • Land Assessed Value: 100000.00
  • Lot Size Acres: 0.33
  • Lot Size Area: 14300
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14300.00
  • Zoning: 0R080

Rental Info

  • Lease Term: Negotiable
  • Vacation Rental: No

Multi Family

  • Gross Income: 60000.00
  • Income Includes: Parking
  • Vacancy Allowance Rate: 33.00

Tax Info

  • Assessor Parcel Number: 12963104
  • Tax Annual Amount: 12427.03
  • Assessor Parcel Number: 0313083421 001
  • Tax Lot: 1
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2010
Closed on
Oct 21, 2013
Sold by
Compass Properties Inc
Bought by
Smith Logan and Foster Laura
Seller's Agent
Leonard Parrish
Garceau Realty
Buyer's Agent
Leonard Parrish
Garceau Realty
List Price
$449,000
Sold Price
$275,000
Premium/Discount to List
-$174,000
-38.75%
Current Estimated Value
$717,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,042
Avg. Annual Appreciation
8.08%
Original Mortgage
$480,633
Outstanding Balance
$361,439
Interest Rate
4.52%
Mortgage Type
FHA
Estimated Equity
$355,603

Purchase Details

Closed on
Feb 7, 2011
Sold by
2400 Eutaw Place Llc
Bought by
Compass Properties Inc

Purchase Details

Closed on
Dec 7, 2009
Sold by
2400-2402 Eutaw Place Llc
Bought by
2400 Eutaw Place Llc

Purchase Details

Closed on
Aug 23, 2004
Sold by
Ailer Keith
Bought by
Trust No 240

Purchase Details

Closed on
Apr 9, 2003
Sold by
Murphy Frank J
Bought by
Ailer Keith
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Logan $275,000 Terraine Title & Escrow Comp
Compass Properties Inc $300,000 None Available
2400 Eutaw Place Llc -- --
Trust No 240 $480,000 --
Ailer Keith $259,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Logan $480,633
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2013 10/24/13 Sold $275,000 -38.8% $39 / Sq Ft
09/19/2013 09/19/13 Pending -- -- --
07/20/2010 07/20/10 For Sale $449,000 -- $63 / Sq Ft
Source: Bright MLS

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 $12,680 $540,800 $100,000 $440,800
2024 $12,680 $539,867 -- --
2023 $12,719 $538,933 $0 $0
2022 $12,697 $538,000 $100,000 $438,000
2021 $12,211 $517,433 $0 $0
2020 $10,464 $496,867 $0 $0
2019 $10,114 $476,300 $100,000 $376,300
2018 $9,853 $457,667 $0 $0
2017 $9,541 $439,033 $0 $0
2016 $8,188 $420,400 $0 $0
2015 $8,188 $395,500 $0 $0
2014 $8,188 $396,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Leonard Parrish

    Garceau Realty

See All Agents

Map

Source: Bright MLS

MLS Number: 1004952116

Bright MLS

APN: 3421-001

Maryland Baltimore City County Baltimore 21217 Reservoir Hill

2400 Eutaw Place, Baltimore, MD

Not Listed for Sale

MultiFamily

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