Seller's Agent in 2021
Ronald Howard
RE/MAX
(443) 573-9200
15 in this area
433 Total Sales
244 S Exeter St Baltimore, MD 21202
Little Italy NeighborhoodEstimated Value: $464,000 - $649,437
Studio
5
Baths
2,032
Sq Ft
$274/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- No HOA
- Wall Furnace
- Wood Flooring
- Property is in excellent condition
About This Home
As of October 2021INVESTOR ALERT! Located in the heart of Little Italy, blocks from Harbor East, Fells Point, and the Waterfront, this approved and fully renovated 4-unit with road front commercial space also offers the possibility of a 5th unit add. Three spacious above-grade levels: 1 entry-level studio, 1 entry-level front commercial space, 2 second-level studios, and 1 third-level one bedroom w/ den and rear deck. As a C-1 zoned property, an incoming buyer has the option for additional commercial space or for adding a 5th residential unit. Common area access to all units. Improved basement with soon-to-be installed coin-operated washers and dryers. Current washers and dryers are free use. Features wall-to-wall LVP flooring, custom tiling, granite countertops, ductless mini-splits, and a beautiful historic form stone front face. Current gross is $36,600, with a scheduled gross of $62,700 at full occupancy. One lease includes tenant responsibilities for minor interior and exterior property maintenance along with trash removal. One unit has been reserved vacant for FHA / VA buyers or owner occupants though the owner is willing to fill all units for non-owner occupants. Rent roll, lead certs, and rental license available upon request. Owner financing options also available. Appraised at 650k for immediate buyer equity.
Last Agent to Sell the Property
(443) 573-9200 ron@searchbaltimorerealestate.com RE/MAX Advantage Realty License #524502 Listed on: 07/26/2021
Co-Listed By
(410) 660-0013 john@greatestmoves.com RE/MAX Advantage Realty License #669972
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,557
Year Built
- Built in 1870 | Remodeled in 2021
Lot Details
- Ground Rent of $60 semi-annually
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- 2,032 Sq Ft Home
- Quadruplex
- Traditional Architecture
- Brick Exterior Construction
Flooring
- Wood
- Vinyl
Improved Basement
- Interior and Exterior Basement Entry
- Water Proofing System
- Drainage System
- Sump Pump
- Rough-In Basement Bathroom
Outdoor Features
- Exterior Lighting
Utilities
- Ductless Heating Or Cooling System
- Wall Furnace
- 200+ Amp Service
- Natural Gas Water Heater
Listing and Financial Details
- The owner pays for all utilities
- Tax Lot 008
- Assessor Parcel Number 0303051414 008
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 2 Vacant Units
- Gross Income $62,700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 20, 2015
Sold by
Hartley Gloria F
Bought by
Hartley Gloria F and Hartley James Lance
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$22,651
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$534,068
Purchase Details
Closed on
May 8, 2008
Sold by
Fenaroli Lorenzo D
Bought by
Fenaroli Lorenzo D and Hartley Gloria F
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hartley Gloria F | -- | Attorney | |
| Fenaroli Lorenzo D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hartley Gloria F | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/05/2021 10/05/21 | Sold | $629,000 | 0.0% | $310 / Sq Ft | |
| 10/05/2021 10/05/21 | Sold | $629,000 | +4.9% | $310 / Sq Ft | View Prior Sale |
| 08/07/2021 08/07/21 | Pending | -- | -- | -- | |
| 08/07/2021 08/07/21 | Pending | -- | -- | -- | |
| 07/26/2021 07/26/21 | For Sale | $599,900 | 0.0% | $295 / Sq Ft | |
| 07/26/2021 07/26/21 | For Sale | $599,900 | -4.6% | $295 / Sq Ft | |
| 06/07/2021 06/07/21 | Off Market | $629,000 | -- | -- | |
| 06/06/2021 06/06/21 | For Sale | $599,900 | -- | $295 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $8,870 | $496,267 | -- | -- |
| 2024 | $8,870 | $377,633 | -- | -- |
| 2023 | $6,083 | $259,000 | $100,000 | $159,000 |
| 2022 | $5,594 | $237,033 | $0 | $0 |
| 2021 | $5,076 | $215,067 | $0 | $0 |
| 2020 | $4,557 | $193,100 | $100,000 | $93,100 |
| 2019 | $4,272 | $193,100 | $100,000 | $93,100 |
| 2018 | $4,324 | $193,100 | $100,000 | $93,100 |
| 2017 | $4,354 | $193,100 | $0 | $0 |
| 2016 | $2,343 | $193,100 | $0 | $0 |
| 2015 | $2,343 | $193,100 | $0 | $0 |
| 2014 | $2,343 | $198,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ronald Howard
-
John Stockton
Seller's Agent in 2021
John Stockton
RE/MAX
(410) 660-0013
4 in this area
181 Total Sales
-
Maxwell Sarpong
M
Buyer's Agent in 2021
Maxwell Sarpong
Fairfax Realty of Tysons
(202) 468-1926
2 in this area
32 Total Sales
Map
Source: Bright MLS
MLS Number: MDBA552944
APN: 1414-008
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