2555 W Fairmount Ave Baltimore, MD 21223
Shipley Hill Neighborhood
3
Beds
3
Baths
--
Sq Ft
1915
Built
Highlights
- Traditional Architecture
- Forced Air Heating System
- 2-minute walk to Warwick Avenue Park
- No HOA
About This Home
As of December 2022List price to be opening bid at the public auction sale. OPENING BID: $10,000!! Online Auction Only! Bidding begins Saturday, September 12th and ends Thursday, September 17th, 2020 @ 11:00am. Spacious and Well-Maintained, Tenant Occupied, Three-Bedroom Townhome in the "Shipley Hill" Neighborhood of Baltimore City **Gross Scheduled Annual Rent of $11,940** The single-family townhome features 3 bedrooms plus a bonus room and 3 full bathrooms. The main level contains a living room, dining room, bonus room/4th bedroom, 1 full bathroom and kitchen. The upper level features 2 bedrooms, a bonus room and 1 full bathroom. The lower level is finished and contains additional living space including an additional bedroom and 1 full bathroom. The lower level has walkout access to the rear of the property. Both the main and upper level contain a balcony. The property is heated by a gas forced air furnace and has a gas hot water heater. The roof was completely redone in March of 2020. The furnace and hot water heater were replaced within the last 2 years.
Last Agent to Sell the Property
Seth Kopel
Alex Cooper Auctioneers, Inc. Listed on: 07/28/2020
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $372
Year Built
- Built in 1915
Parking
- On-Street Parking
Home Design
- Traditional Architecture
Bedrooms and Bathrooms
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Natural Gas Water Heater
Additional Features
- Property has 2 Levels
- Ground Rent of $84 per year
- Finished Basement
Community Details
- No Home Owners Association
- Shipley Hill Subdivision
Listing and Financial Details
- Tax Lot 068
- Assessor Parcel Number 0320072170B068
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 15, 2022
Closed on
Dec 21, 2022
Sold by
Jambuildings Llc
Bought by
Jv Baltimore Picasso Llc
Seller's Agent
Karen Harms
Cummings & Co. Realtors
Buyer's Agent
Stephanie Geddings
Berkshire Hathaway HomeServices Homesale Realty
Sold Price
$50,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$55,000
Interest Rate
6.39%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 28, 2020
Closed on
Oct 22, 2020
Sold by
Reed Mark A and Mark A Reed Second Amended & R
Bought by
Jambuildings Llc
Seller's Agent
Seth Kopel
Alex Cooper Auctioneers, Inc.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$10,000
Sold Price
$40,500
Premium/Discount to List
$30,500
305%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%
Purchase Details
Closed on
Dec 9, 1997
Sold by
Presto Properties Llc
Bought by
City Homesinc
Purchase Details
Closed on
Feb 14, 1995
Sold by
Prelude Properties Ltd
Bought by
Presto Properties Llc
Similar Homes in Baltimore, MD
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Assignment Deed | $50,000 | Castle Title | |
| Assignment Deed | $40,500 | New World Title Company Llc | |
| Deed | -- | -- | |
| Deed | $11,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $20,000 | Seller Take Back | |
| Previous Owner | $55,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2025 07/03/25 | For Sale | $25,000 | -50.0% | -- |
| 12/21/2022 12/21/22 | Sold | $50,000 | 0.0% | -- |
| 12/15/2022 12/15/22 | Off Market | $50,000 | -- | -- |
| 10/22/2020 10/22/20 | Sold | $40,500 | +305.0% | -- |
| 09/17/2020 09/17/20 | Pending | -- | -- | -- |
| 09/01/2020 09/01/20 | Price Changed | $10,000 | 0.0% | -- |
| 09/01/2020 09/01/20 | For Sale | $10,000 | -75.3% | -- |
| 08/17/2020 08/17/20 | Off Market | $40,500 | -- | -- |
| 07/28/2020 07/28/20 | For Sale | $20,000 | +42.9% | -- |
| 12/15/2017 12/15/17 | Sold | $14,000 | +180.0% | -- |
| 11/15/2017 11/15/17 | Pending | -- | -- | -- |
| 10/24/2017 10/24/17 | For Sale | $5,000 | -- | -- |
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 | $736 | $38,667 | -- | -- |
| 2024 | $736 | $31,333 | $0 | $0 |
| 2023 | $566 | $24,000 | $5,000 | $19,000 |
| 2022 | $505 | $21,400 | $0 | $0 |
| 2021 | $444 | $18,800 | $0 | $0 |
| 2020 | $0 | $16,200 | $3,000 | $13,200 |
| 2019 | $0 | $15,800 | $0 | $0 |
| 2018 | $0 | $15,400 | $0 | $0 |
| 2017 | $354 | $15,000 | $0 | $0 |
| 2016 | -- | $15,000 | $0 | $0 |
| 2015 | $355 | $15,000 | $0 | $0 |
| 2014 | $355 | $15,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Shpritz
Seller's Agent in 2025
Adam Shpritz
Ashland Auction Group LLC
(410) 365-3595
105 in this area
3,939 Total Sales
-
Lee Shpritz
Seller Co-Listing Agent in 2025
Lee Shpritz
Ashland Auction Group LLC
(410) 488-3124
104 in this area
3,834 Total Sales
-
Karen Harms
Seller's Agent in 2022
Karen Harms
Cummings & Co Realtors
(410) 458-8201
1 in this area
201 Total Sales
-
Tarlethea Gardner
Seller Co-Listing Agent in 2022
Tarlethea Gardner
Cummings & Co Realtors
(443) 630-4505
1 in this area
8 Total Sales
-
Stephanie Geddings
Buyer's Agent in 2022
Stephanie Geddings
Berkshire Hathaway HomeServices Homesale Realty
(443) 677-3289
1 in this area
84 Total Sales
-
S
Seller's Agent in 2020
Seth Kopel
Alex Cooper Auctioneers, Inc.
Map
Source: Bright MLS
MLS Number: MDBA518628
APN: 2170B-068
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