NOT LISTED FOR SALE

Estimated Value: $330,397 - $428,000

Studio
3 Baths
2,250 Sq Ft
$169/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $296,800 $132 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,308/month

22 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 5-minute walk to German Park
  • No HOA

About This Home

As of April 2021

List price to be opening bid. Timed Online Auction will begin Friday, March 5th @ 1:00pm and end Wednesday, March 10th @ 1:00pm. GUIDED TOUR THURSDAY MARCH 4TH PROMPTLY AT 12:00PM. Fully Leased Lead Free Three Unit Apartment Building in the "Reservoir Hill" Neighborhood of Baltimore City. Current gross monthly rent: $2,790. Current gross annual scheduled rent: $33,480. Unit 1 is located on the main level and consists of a 1 bedroom, 1 bath unit currently rented for $871.00/month. Unit 2 is located on the second level and consists of 2 bedrooms, 1 full bathroom and is currently rented for $1,001/month. Unit 3 is located on the third level and consists of 2 bedrooms, 1 full bathroom and is currently rented for $918.00/month. The lower level is full and unfinished and has an exit to the rear yard. Additional features include:3 gas hot water heaters, 3 gas meters. Property is wired for and has security cameras installed around the perimeter. They simply need to be activated with Comcast Service. Hardwired smoke and carbon detectors throughout building. New energy efficient windows have been installed throughout all units. Lead free certification. Three new hot water heaters (oldest is from 2016 or 2017 other two are either 2018 or 2019). Roof: Rebuild entire front Mansard with 50 year architectural shingle. New gutters and downspouts. Roof repairs with new torch applied rubber. Exterior: Remodeled exterior facade and trim. Two new entry doors with electric locking and access. Common Area: Fully gutted and remodeled common area. Hardwired intercom system. Electronic pushbutton door unlocking mechanism. New vertical recessed mailboxes (key accessible). New light fixtures. New railings. First Floor Unit (Unit 1): New Granite countertop, New appliances, New bathroom toilet, Refinished tub and surround, New exterior door. Second Floor (Unit 2): Fully gutted remodeled kitchen with stainless steel appliances, Open layout, Fully gutted and remodeled bathroom with designer tile, New plumbing throughout, new flooring throughout, Freshly painted throughout, Recessed lighting, New interior doors, New exterior doors (3). Third Floor (Unit 3): Fully gutted remodeled kitchen with stainless steel appliances, Fully gutted and remodeled bathroom with designer tile, New plumbing throughout, New electrical wiring throughout, New flooring throughout, Freshly painted throughout, Recessed lighting, New interior doors, New exterior doors (2).

Last Agent to Sell the Property

Matt Cooper

(410) 828-4838 Matt@alexcooper.com Alex Cooper Auctioneers, Inc. License #BR704493 Listed on: 02/16/2021

Last Buyer's Agent

Matt Cooper

(410) 828-4838 Matt@alexcooper.com Alex Cooper Auctioneers, Inc. License #BR704493 Listed on: 02/16/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,766

Year Built

  • Built in 1912

Lot Details

  • Ground Rent of $120 per year

Parking

  • On-Street Parking

Home Design

  • 2,250 Sq Ft Home
  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 033
  • Assessor Parcel Number 0313103457 033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,766

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Ground Rent
  • New Construction: No
  • Year Built: 1912
  • Automatically Close On Close Date: No
  • Special Features: Auction

Interior Features

  • Basement: Yes
  • Total Sq Ft: 2250
  • Living Area Sq Ft: 2250
  • Price Per Sq Ft: 66.67
  • Above Grade Finished Sq Ft: 2250
  • Above Grade Finished Area Units: Square Feet

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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 66500.00
  • Land Assessed Value: 55000.00
  • Lot Size Units: Square Feet
  • Zoning: R-7
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 120.00
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12963680
  • Tax Annual Amount: 2766.00
  • Assessor Parcel Number: 0313103457 033
  • Tax Lot: 033
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2021
Sold by
Ground Rents Llc
Bought by
Ten 10 Exchange Llc
Current Estimated Value
$379,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2021
Closed on
Apr 23, 2021
Sold by
L & P Properties Llc
Bought by
Ten 10 Exchange Llc
Seller's Agent
Matt Cooper
Alex Cooper Auctioneers, Inc.
Buyer's Agent
Matt Cooper
Alex Cooper Auctioneers, Inc.
List Price
$150,000
Sold Price
$296,800
Premium/Discount to List
$146,800
97.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Original Mortgage
$225,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2010
Sold by
Federal National Mortgage Association
Bought by
Cobblestone Developments Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,200
Interest Rate
4.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2009
Sold by
Lloyd Andrienne Y
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 6, 2006
Sold by
N&D #3 Llc
Bought by
Lloyd Andrienne Y and Lloyd Sankye A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
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
Ten 10 Exchange Llc $2,000 Trimble Terry L
Ten 10 Exchange Llc $2,000 Trimble Terry L
Ten 10 Exchange Llc $296,800 Clearview Settlement Sln
Cobblestone Developments Iii Llc $37,200 --
Federal National Mortgage Association $102,000 --
Lloyd Andrienne Y $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ten 10 Exchange Llc $255,000
Previous Owner Ten 10 Exchange Llc $225,000
Previous Owner Cobblestone Developments Iii Llc $89,200
Previous Owner Lloyd Andrienne Y $94,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2021 04/23/21 Sold $296,800 +97.9% $132 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $150,000 +17.6% $67 / Sq Ft
05/22/2017 05/22/17 Sold $127,500 -27.1% $57 / Sq Ft View Prior Sale
03/23/2017 03/23/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $175,000 0.0% $78 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $175,000 -- $78 / 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 $4,048 $197,800 $55,000 $142,800
2024 $4,048 $172,367 -- --
2023 $3,451 $146,933 $0 $0
2022 $2,867 $121,500 $55,000 $66,500
2021 $2,817 $119,367 $0 $0
2020 $2,767 $117,233 $0 $0
2019 $2,703 $115,100 $55,000 $60,100
2018 $2,653 $112,433 $0 $0
2017 $2,591 $109,767 $0 $0
2016 $1,184 $107,100 $0 $0
2015 $1,184 $88,067 $0 $0
2014 $1,184 $69,033 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA540210

Bright MLS

APN: 3457-033