NOT LISTED FOR SALE

2502 Gibbons Ave Baltimore, MD 21214

Hamilton Hills Neighborhood

Estimated Value: $242,000 - $249,872

3 Beds
1.5 Baths
1,048 Sq Ft
$235/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $187,000 $178 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,607/month

24 Days on Market

Highlights

  • Wood Burning Stove
  • Garden View
  • No HOA
  • Wood Flooring
  • Corner Lot
  • Porch

About This Home

As of August 2021

Adorable Bungalow in Hamilton perfect for first time buyer or DIY'ers. This charming 3 bedroom, 1.5 bath 2 story has lower level hard wood floors, living room, dining room, kitchen, half bath and pantry w/first floor laundry. Walk upstairs to the 2nd floor landing, three bedrooms and full bath. Imagine pulling into gated private driveway and enjoy an afternoon on the porch swing of your covered front porch, entertaining friends on your landscaped, low maintenance fenced in yard in this bucolic neighborhood setting. Lower level basement with ample storage space and game room renovation potential. The rear shed with electric and A/C could be used as a home office or artist studio. Its ready for your personal touch to make it a home. Comparable homes in the area are selling for $250 and up. Rental comps in the area are high, showing a CAP Rate of 7.5 to 8%. Call now to schedule a viewing, this gem will go quickly. Motivated seller

Last Agent to Sell the Property

Ned Wagner

Berkshire Hathaway HomeServices PenFed Realty License #642090 Listed on: 06/27/2021

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Timothy Olawuni

Fairfax Realty Premier

Fairfax Realty Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,895

Year Built

  • Built in 1926

Lot Details

  • 5,292 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Back and Front Yard
  • Property is in good condition
  • Property is zoned R-3

Home Design

  • Bungalow
  • Poured Concrete
  • Plaster Walls
  • Asbestos Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,048 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Stove
  • Replacement Windows
  • Combination Kitchen and Dining Room
  • Garden Views
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Basement

  • Connecting Stairway
  • Exterior Basement Entry
  • Sump Pump
  • Basement Windows

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Shed
  • Outbuilding
  • Porch

Utilities

  • Window Unit Cooling System
  • Radiator
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Hamilton Heights Subdivision

Listing and Financial Details

  • Tax Lot 027
  • Assessor Parcel Number 0327275396 027

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,895

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Woodstove, Refrigerator, Dishwasher, Washer/Dyer, Sump Pump, Window Units, Shed in back yard w/ ac unit
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-06-28
  • Federal Flood Zone: No
  • Year Built: 1926
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Adorable Bungalow in Hamilton perfect for first time buyer or DIY'ers. This charming 3 bedroom, 1.5 bath 2 story has lower level hard wood floors, living room, dining room, kitchen, half bath and pantry w/first floor laundry. Walk upstairs to the 2nd floor landing, three bedrooms and full bath. Imagine pulling into gated private driveway and enjoy an afternoon on the porch swing of your covered front porch, entertaining friends on your landscaped, low maintenance fenced in yard in this bucolic neighborhood setting. Lower level basement with ample storage space and game room renovation potential. The rear shed with electric and A/C could be used as a home office or artist studio. Its ready for your personal touch to make it a home. Comparable homes in the area are selling for $250 and up. Rental comps in the area are high, showing a CAP Rate of 7.5 to 8%. Call now to schedule a viewing, this gem will go quickly. Motivated seller
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Exhaust Fan, Refrigerator, Stove, Washer, Water Heater
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Kitchen - Eat-In, Kitchen - Island, Pantry, Recessed Lighting, Soaking Tub, Walk-In Closet(s), Wood Floors, Stove - Wood
  • Window Features: Replacement
  • Fireplace: No
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Poured Concrete, Sump Pump, Windows
  • Laundry Type: Main Floor
  • Total Sq Ft: 1048
  • Living Area Sq Ft: 1048
  • Price Per Sq Ft: 178.44
  • Above Grade Finished Sq Ft: 1048
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2502

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed Shop
  • Construction Materials: Aluminum Siding
  • Exterior Features: Outbuilding(s)
  • Roof: Asbestos Shingle
  • Spa: No
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Natural Gas, Wood
  • Heating Type: Radiator, Wood Burn Stove
  • 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
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Wood
  • Improvement Assessed Value: 72500.00
  • Land Assessed Value: 50200.00
  • Land Use Code: 003
  • Lot Features: Front Yard, Landscaping, Rear Yard
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5292.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: R-3
  • Zoning Description: Residential
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13103556
  • Tax Annual Amount: 2895.00
  • Assessor Parcel Number: 0327275396 027
  • Tax Lot: 027
  • Tax Total Finished Sq Ft: 1048
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/19/2021

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2021
Closed on
Aug 19, 2021
Sold by
Miller David
Bought by
Dibiaocha Peter Ikechukwu
Seller's Agent
Ned Wagner
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Timothy Olawuni
Fairfax Realty Premier
List Price
$195,000
Sold Price
$187,000
Premium/Discount to List
-$8,000
-4.1%
Current Estimated Value
$243,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,646
Avg. Annual Appreciation
7.06%
Original Mortgage
$181,390
Outstanding Balance
$165,769
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$79,609

Purchase Details

Closed on
Mar 31, 2006
Sold by
Robert J Galster Wf
Bought by
Miller David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Dibiaocha Peter Ikechukwu $187,000 Realty Title Services Inc
Miller David $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dibiaocha Peter Ikechukwu $181,390
Previous Owner Miller David J $30,000
Previous Owner Miller David $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2021 08/19/21 Sold $187,000 0.0% $178 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/15/2021 07/15/21 Price Changed $187,000 -4.1% $178 / Sq Ft
06/27/2021 06/27/21 For Sale $195,000 -- $186 / 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 $3,270 $162,067 -- --
2024 $3,270 $155,900 $50,200 $105,700
2023 $3,402 $144,833 $0 $0
2022 $3,157 $133,767 $0 $0
2021 $2,896 $122,700 $50,200 $72,500
2020 $2,691 $122,700 $50,200 $72,500
2019 $2,677 $122,700 $50,200 $72,500
2018 $2,686 $123,200 $50,200 $73,000
2017 $2,603 $121,633 $0 $0
2016 $2,220 $120,067 $0 $0
2015 $2,220 $118,500 $0 $0
2014 $2,220 $118,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ned Wagner

    Seller's Agent in 2021

    Ned Wagner

    BHHS PenFed (actual)

    (443) 845-1839

    1 in this area

    7 Total Sales

    Section Image
  • Timothy Olawuni

    Buyer's Agent in 2021

    Timothy Olawuni

    Fairfax Realty Premier

    (240) 328-9850

    1 in this area

    4 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDBA2001174

Bright MLS

APN: 5396-027

Maryland Baltimore City County Baltimore 21214 Hamilton Hills

2502 Gibbons Ave, Baltimore, MD

This home is located at 2502 Gibbons Ave, Baltimore, MD 21214 since 27 June 2021 and is currently estimated at $245,936, approximately $234 per square foot. This property was built in 1926. 2502 Gibbons Ave is a home located in Baltimore City with nearby schools including Hamilton Elementary Middle School, Booker T. Washington Middle School, and Paul Laurence Dunbar Community High School.

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