NOT LISTED FOR SALE

2408 N Charles St Baltimore, MD 21218

Estimated Value: $380,829 - $455,000

-- Bed
3 Baths
1,920 Sq Ft
$218/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $310,000 $161 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,064/month

128 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Electric Baseboard Heater
  • Space For Rooms
  • Forced Air Heating and Cooling System
  • 5-minute walk to Calvert Street Park

About This Home

As of September 2019

THIS IS THE ONE YOU'VE BEEN WAITING FOR!! Fully-rented 3-unit money-maker in desireable CHARLES VILLAGE directly across from the Safeway on Charles Street. All leases are good through March 2020. Commercial tenant on the first floor. Unit #2 has a long-term Section 8 tenant. 3rd floor apartment features a loft and has it's own washer/dryer in the unit. Separate water heaters & HVAC systems in each apartment. One water meter, so water bill is prorated by unit, paid by tenants. Property has recently gone through a thorough re-zoning process and all City Housing, Building & Fire Department inspections and permits are current. ADD THIS ONE TO YOUR INVESTMENT PORTFOLIO TODAY!

Last Agent to Sell the Property

Gary Martin

Coldwell Banker Realty License #633401 Listed on: 03/28/2019

Coldwell Banker Realty

Last Buyer's Agent

Jordan Parker

RLAH @properties License #0225238173

RLAH @properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,696

Year Built

  • Built in 1900

Lot Details

  • Ground Rent of $165 per year expires in 99 years
  • Property is in very good condition

Home Design

  • 1,920 Sq Ft Home
  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction

Kitchen

  • Stove
  • Microwave

Laundry

  • Stacked Washer and Dryer

Partially Finished Basement

  • Interior and Exterior Basement Entry
  • Space For Rooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Unpaved Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Vented Exhaust Fan
  • Electric Baseboard Heater
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for common area maintenance, insurance, pest control, repairs, supplies, real estate taxes, advertising/licenses and permits, accounting/legal
  • Tax Lot 045
  • Assessor Parcel Number 0312063624 045

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Charles Village Subdivision

Building Details

  • Income includes apartment rentals, shop rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,696

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Ground Rent
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2019-04-01
  • Year Built: 1900
  • Remarks Public: THIS IS THE ONE YOU'VE BEEN WAITING FOR!! Fully-rented 3-unit money-maker in desireable CHARLES VILLAGE directly across from the Safeway on Charles Street. All leases are good through March 2020. Commercial tenant on the first floor. Unit #2 has a long-term Section 8 tenant. 3rd floor apartment features a loft and has it's own washer/dryer in the unit. Separate water heaters & HVAC systems in each apartment. One water meter, so water bill is prorated by unit, paid by tenants. Property has recently gone through a thorough re-zoning process and all City Housing, Building & Fire Department inspections and permits are current. ADD THIS ONE TO YOUR INVESTMENT PORTFOLIO TODAY!
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Stove, Microwave, Exhaust Fan, Washer/Dryer Stacked
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Space For Rooms, Partially Finished, Outside Entrance, Interior Access
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1920
  • Price Per Sq Ft: 169.27
  • Above Grade Finished Sq Ft: 1920
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2408

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Fire Escape
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Unpaved
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 109000.00
  • Land Assessed Value: 90000.00
  • Land Use Code: 003
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: C-1
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Amt: 165.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Ground Rent Years Remaining: 99
  • Owner Pays: Common Area Maintenance, Insurance, Pest Control, Repairs, Supplies, Taxes - Real Estate, Advertising/Licenses And Permits, Accounting/Legal
  • Rent Control: No
  • Total Actual Rent: 30600.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12952493
  • Tax Annual Amount: 4696.00
  • Assessor Parcel Number: 0312063624 045
  • Tax Lot: 045
  • Tax Total Finished Sq Ft: 1920
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 09/27/2019

Multi Family

  • Income Expense List: Annual Ground Rent
  • Income Includes: Apartment Rentals, Shop Rentals
  • Other Units: Unit 1,Unit 2,Unit 3
  • Single Room Units Count: 2

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
Berry Briana
Bought by
B Berry Llc
Current Estimated Value
$417,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,500
Outstanding Balance
$549,995
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
-$178,698

Purchase Details

Closed on
Mar 18, 2022
Sold by
Mitchell Iii John O
Bought by
Berry Briana

Purchase Details

Listed on
Mar 28, 2019
Closed on
Sep 26, 2019
Sold by
Latham John Edward
Bought by
Berry Briana
Seller's Agent
Gary Martin
Coldwell Banker Realty
Buyer's Agent
Jordan Parker
RLAH @properties
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%
Original Mortgage
$304,385
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 14, 2006
Sold by
Badger Kathryn
Bought by
Latham John Edward

Purchase Details

Closed on
May 13, 2004
Sold by
Penn Station Development Group
Bought by
Badger Kathryn

Purchase Details

Closed on
Sep 22, 2003
Sold by
Paul Robert H
Bought by
Penn Station Development Group and Llc
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
B Berry Llc -- Allied Title
Berry Briana $2,750 Allied Title & Escrow
Berry Briana $310,000 Allied Title & Escrow Llc
Latham John Edward $280,000 --
Badger Kathryn $223,500 --
Penn Station Development Group $124,000 --
Paul Robert H $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open B Berry Llc $552,500
Previous Owner Berry Briana $24,911
Previous Owner Berry Briana $304,385
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $310,000 -4.6% $161 / Sq Ft
08/04/2019 08/04/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $325,000 -- $169 / 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 $8,745 $372,333 $0 $0
2023 $8,314 $352,267 $0 $0
2022 $7,840 $332,200 $90,000 $242,200
2021 $7,706 $326,533 $0 $0
2020 $7,572 $200,267 $0 $0
2019 $4,674 $199,000 $90,000 $109,000
2018 $4,696 $199,000 $90,000 $109,000
2017 $4,696 $199,000 $0 $0
2016 $1,406 $201,700 $0 $0
2015 $1,406 $201,700 $0 $0
2014 $1,406 $201,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA452998

Bright MLS

APN: 3624-045