NOT LISTED FOR SALE

2435 Madison Ave Baltimore, MD 21217

Reservoir Hill Neighborhood

Estimated Value: $386,000

Studio
4 Baths
3,000 Sq Ft
$129/Sq Ft Est. Value

Last Sold August 10, 2012

Last sale price $195,000 $65 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,431/month

190 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 2-minute walk to Madison and Whitelock Park

About This Home

As of August 2012

Totally gut rehabbed about 15 years ago. This 4-unit needs some TLC but has great bones, great systems w/sep gas fha heat, CAC, washer/dryer in each unit, copper plumbing, 60 Amp elec. etc. Tenants pay all util. Priced to sell in today's market and make you some positive cash flow! Current rents are way below market: 1F 1BR=$600, 1R 1BR=$475, 2nd Flr 2BR=$650, 3rd Flr 2BR=$650.

Last Agent to Sell the Property

Ben Frederick

(410) 752-6400 ben@benfrederick.com Live BFR, LLC License #1566 Listed on: 01/02/2012

Last Buyer's Agent

Ben Frederick

(410) 752-6400 ben@benfrederick.com Live BFR, LLC License #1566 Listed on: 01/02/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,342

Year Built

  • Built in 1907

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 0313083421 038

Community Details

Overview

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

Building Details

  • Operating Expense $8,727
  • Net Operating Income $21,093

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,342

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Price Per Sq Ft: 75.00

Exterior Features

  • 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: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • 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

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

Lot Info

  • Improvement Assessed Value: 50290.00
  • Land Assessed Value: 100000.00
  • Lot Size Units: Square Feet
  • Zoning: 0R080
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12963142
  • Tax Annual Amount: 3342.23
  • Assessor Parcel Number: 0313083421 038
  • Tax Lot: 38
  • Tax Year: 2009

Multi Family

  • Gross Income: 28500.00
  • Metering: Fully Separate
  • Operating Expense: 8727.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2018
Sold by
Pinckney Quinnsander
Bought by
A3c Mc 1 Llc
Current Estimated Value
$386,000

Purchase Details

Listed on
Jan 2, 2012
Closed on
Aug 1, 2012
Sold by
Kebl Properties Llc
Bought by
Pinckney Quinnsander
Seller's Agent
Ben Frederick
Live BFR, LLC
Buyer's Agent
Ben Frederick
Live BFR, LLC
List Price
$225,000
Sold Price
$195,000
Premium/Discount to List
-$30,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$146,250
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2002
Sold by
Phillips Seitz Barbara J
Bought by
Levine Steven R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
A3c Mc 1 Llc -- Residential Title & Escrow
Pinckney Quinnsander $195,000 None Available
Levine Steven R $131,886 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pinckney Quinnsander $146,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2012 08/10/12 Sold $195,000 -13.3% $65 / Sq Ft
07/10/2012 07/10/12 Pending -- -- --
01/02/2012 01/02/12 For Sale $225,000 -- $75 / 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
2025 $5,199 $233,700 $69,000 $164,700
2024 $5,199 $221,367 -- --
2023 $4,910 $209,033 $0 $0
2022 $4,642 $196,700 $69,000 $127,700
2021 $4,642 $196,700 $69,000 $127,700
2020 $4,642 $196,700 $69,000 $127,700
2019 $4,878 $207,700 $69,000 $138,700
2018 $4,778 $202,467 $0 $0
2017 $4,655 $197,233 $0 $0
2016 $2,373 $192,000 $0 $0
2015 $2,373 $161,400 $0 $0
2014 $2,373 $130,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ben Frederick

    Seller's Agent in 2012

    Ben Frederick

    Live BFR, LLC

    (410) 752-6400

    11 Total Sales

    Ben Frederick
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003803318

Bright MLS

APN: 3421-038

Maryland Baltimore City County Baltimore 21217 Reservoir Hill

2435 Madison Ave, Baltimore, MD

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes