NOT LISTED FOR SALE

Estimated Value: $477,000 - $517,045

Studio
4 Baths
3,291 Sq Ft
$151/Sq Ft Est. Value

Sale Details

Date Sold: May 29, 2024

Last sale price $490,000 $149 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,349 / mo

42 Days on Market

Highlights

  • Central Air
  • Heat Pump System
  • 3-minute walk to Margaret Brent Playground
  • Property is in very good condition

About This Home

As of May 2024

Rents at time of sale: Studio: $800. 1 BR: $1014. 2 BR: $1400. 2 BR: Vacant. This conscientiously renovated 4-Unit apartment building in Charles Village has been designed to offer not only ease of maintenance but also an array of attractive amenities and finishes for tenants. With its certified lead-free status, property owners can rest assured, eliminating the need for inspections and the associated added expenses during turnovers. Its strategic location provides exceptional convenience, with proximity to major grocer Safeway and the renowned Johns Hopkins University Homewood Campus, making this property a high-demand investment opportunity. Tenants are immediately welcomed with a warm and inviting atmosphere, thanks to gleaming hardwood floors and a well-lit entryway that exude comfort. Within the apartments, tenants enjoy the advantages of waterproof and low-maintenance luxury vinyl tile flooring. The kitchens are contemporary, boasting wood cabinets, elegant quartz countertops and stylish backsplash, along with the practicality of dishwashers. Modernized bathrooms feature pedestal sinks and ceramic tile surrounds. Adding to the appeal, each unit is equipped with its own washer and dryer and there are two off-street parking spots behind the building. Tenants enjoy climate control throughout the year, with three apartments equipped with heat pumps and central air conditioning, while the studio boasts efficient mini-split units. Moreover, each unit comes with a 2019 Rheem electric water heater. Managing this all-electric, separately metered building is a breeze, thanks to its upgraded 400 amps electrical service. Peace of mind is assured with a newer TPO roof that provides durability and longevity. The water supply lines are C-PVC, and the drain lines are PVC, ensuring reliability and low maintenance. To top it off, energy costs for tenants are kept in check, thanks to vinyl replacement windows. Just 4 blocks south of Johns Hopkins University Homewood Campus, and only two blocks from the Hopkins Shuttle Stop at 27th & Saint Paul. Tenants also enjoy an easy walk to nearby Wyman Park Dell and the Charles Village Shopping District. Even closer are a myriad of small business along the 25th Street corridor, as well as major grocer Safeway. 2511 North Charles earns the designation “Walker’s Paradise”, with a WalkScore of 96. Find out more about Charles Village here: Why Charles Village is Great for Investment Properties in Baltimore

Last Agent to Sell the Property

Will Cannon

(410) 235-9500 info@benfrederick.com Ben Frederick Realty, Inc. Listed on: 02/16/2024

Co-Listed By

Cheryl Sadera

(410) 235-9500 info@benfrederick.com Ben Frederick Realty, Inc.

Last Buyer's Agent

Kouao Avit

(202) 415-0382 sandeep434@gmail.com Quick Sell Realty LLC License #RSR005878

Range of Values:

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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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,217

Year Built

  • Built in 1920

Lot Details

  • 1,494 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Quadruplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Stone Foundation
  • Rubber Roof

Parking

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

Utilities

  • Central Air
  • Heat Pump System
  • Wall Furnace
  • 200+ Amp Service
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 017
  • Assessor Parcel Number 0312033831 017

Community Details

Overview

  • 4 Units
  • Charles Village Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,217

Year Built

Built in 1920

Lot Details

1,494 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Exclusions: Tenants possession's excluded
  • Inclusions: 4 electric ranges; 3 dishwashers, 4 stacked washers and dryers
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Stone
  • Total Sq Ft: 3588
  • Living Area Sq Ft: 3291
  • Price Per Sq Ft: 191.38
  • Above Grade Finished Sq Ft: 2691
  • Below Grade Finished Sq Ft: 600
  • Below Grade Sq Ft: 297
  • Total Below Grade Sq Ft: 897
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, On Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1494.00
  • Property Condition: Very Good
  • Zoning: C-1
  • Zoning Description: Licensed for 2 Dwelling Units and 2 Efficiencies
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7217.00
  • Assessor Parcel Number: 0312033831 017
  • Tax Lot: 017
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
May 14, 2024
Sold by
Baron Jonathan
Bought by
Seller's Agent
Will Cannon
Ben Frederick Realty, Inc.
Buyer's Agent
Kouao Avit
Quick Sell Realty LLC
List Price
$515,000
Sold Price
$490,000
Premium/Discount to List
-$25,000
-4.85%
Views
56
Current Estimated Value
$497,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,023
Avg. Annual Appreciation
0.64%
Original Mortgage
$367,500
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2018
Sold by
Cfg 2511 N Charles Llc
Bought by
Baron Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2014
Sold by
2511 North Charles Street Llc
Bought by
Cfg 2511 N Charles Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.39%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 30, 2007
Sold by
514 St Paul Place Llc
Bought by
2511 North Charles Street Llc

Purchase Details

Closed on
May 17, 2007
Sold by
2511 Charles Llc
Bought by
514 St Paul Place Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
6.23%

Purchase Details

Closed on
Aug 27, 1999
Sold by
Leroy E Kirby Wf
Bought by
Bramble Peter and Bramble Joy
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Charles Village, MD

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$490,000 Excalibur Title
Baron Jonathan $225,000 Commerce Title Co Inc
Cfg 2511 N Charles Llc $200,000 Clear Title Group
2511 North Charles Street Llc $165,000 --
514 St Paul Place Llc $150,000 --
2511 Charles Llc -- --
Bramble Peter $43,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner -- $367,500
Previous Owner Baron Jonathan $168,750
Previous Owner Cfg 2511 N Charles Llc $150,000
Previous Owner 514 St Paul Place Llc $162,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/29/2024 05/29/24 Sold $490,000 -4.9% $149 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $515,000 -- $156 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,436 $327,400 $90,000 $237,400
2024 $7,436 $316,600
2023 $7,217 $305,800 $0 $0
2022 $6,962 $441,800 $90,000 $351,800
2021 $10,258 $434,667 $0 $0
2020 $4,398 $186,367 $0 $0
2019 $3,852 $164,000 $89,600 $74,400
2018 $3,870 $164,000 $89,600 $74,400
2017 $3,870 $164,000 $0 $0
2016 $4,068 $164,100 $0 $0
2015 $4,068 $161,667 $0 $0
2014 $4,068 $159,233 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2114704

Bright MLS

APN: 3831-017

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