NOT LISTED FOR SALE

2556 Madison Ave Baltimore, MD 21217

Reservoir Hill Neighborhood

Estimated Value: $265,102 - $319,000

0.03 Acres
$9,735,033 Price per Acre
1,307 Sq Ft Lot

Sale Details

Date Sold: November 15, 2024

Last sale price $35,750 $13 Per Sq Ft

Est. 717% increase in value since last sale

Current estimated payment $1,778 / mo

8 Days on Market

About This Lot

As of November 2024

ONLINE AUCTION: Bidding begins 10/03/2024 @ 10:00 AM. Bidding ends 10/07/2024 @ 12:40 PM. List Price is Suggested Opening Bid. Lot of Land located in the Reservoir Hill area of Baltimore City. Residents can enjoy the nearby attractions such as Coppin State University, Mondawmin Mall, Druid Hill Park, & Penn Metro Station. Easy Access to Major Traffic Artery North Ave. Deposit: $5,000.

Last Agent to Sell the Property

Adam Shpritz

(410) 488-3124 adam@ashlandauction.com Ashland Auction Group LLC License #RMR004765 Listed on: 09/18/2024

Co-Listed By

Lee Shpritz

(410) 488-3124 lee@ashlandauction.com Ashland Auction Group LLC

Last Buyer's Agent

Unrepresented

datacorrect@brightmls.com Unrepresented

Range of Values:

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

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 1,307 Sq Ft Lot
  • Ground Rent
  • Property is zoned R-7

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 029
  • Assessor Parcel Number 0313083418A029

Property Details

Property Type

Land

Lot Details

1,307 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Leasehold
  • Current Use: Vacant
  • Automatically Close On Close Date: No
  • Special Features: Auction

Interior Features

  • Price Per Sq Ft: 11.48

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1306.80
  • Zoning: R-7
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2051.00
  • Assessor Parcel Number: 0313083418A029
  • Tax Lot: 029
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Income Expense List: Annual Ground Rent

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
Sep 18, 2024
Closed on
Nov 13, 2024
Sold by
Bought by
Seller's Agent
Adam Shpritz
Ashland Auction Group LLC
Buyer's Agent
Unrepresented
Unrepresented
List Price
$15,000
Sold Price
$35,750
Premium/Discount to List
$20,750
138.33%
Views
11
Current Estimated Value
$292,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,301
Avg. Annual Appreciation
239.11%

Purchase Details

Closed on
Jul 6, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Reservoir Hill, MD

  • Andy Schweigman Real Estate Agent - Douglas Realty, LLC

    Andy Schweigman

    Douglas Realty, LLC

    (667) 213-6020

    239 Total Sales

    1 in Reservoir Hill

    $354,900 Price

    Andy Schweigman
     Section Image
  • Maria Lewis Real Estate Agent - Keller Williams Preferred Properties

    Maria Lewis

    Keller Williams Preferred Properties

    (814) 747-5870

    73 Total Sales

    1 in Reservoir Hill

    $65,000 Price

    Maria Lewis
     Section Image
  • Melissa Kesner-Fultz Real Estate Agent - Coldwell Banker Realty

    Melissa Kesner-Fultz

    Responds Quickly

    Coldwell Banker Realty

    (667) 771-5218

    80 Total Sales

    1 in Reservoir Hill

    $404,400 Price

    Melissa Kesner-Fultz
     Section Image
  • Theresa Kemp Real Estate Agent - AB & Co Realtors, Inc.

    Theresa Kemp

    AB & Co Realtors, Inc.

    (959) 230-0448

    89 Total Sales

    1 in Reservoir Hill

    $430,580 Price

    Theresa Kemp
     Section Image
  • Corey Liberatore Real Estate Agent - Cummings & Co. Realtors

    Corey Liberatore

    Cummings & Co. Realtors

    (667) 213-2406

    56 Total Sales

    1 in Reservoir Hill

    $46,000 Price

    Corey Liberatore
     Section Image
  • Mark Novak Real Estate Agent - Cummings & Co. Realtors

    Mark Novak

    Cummings & Co. Realtors

    (443) 313-8872

    204 Total Sales

    1 in Reservoir Hill

    $565,000 Price

    Mark Novak
     Section Image
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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
$35,750 Integrity Title
-- None Available
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 $70,000
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
11/15/2024 11/15/24 Sold $35,750 +138.3% $13 / Sq Ft
09/26/2024 09/26/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $15,000 -- $6 / 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 $2,041 $86,900 $69,000 $17,900
2024 $2,041 $86,900 $69,000 $17,900
2023 $2,051 $86,900 $69,000 $17,900
2022 $2,051 $86,900 $69,000 $17,900
2021 $5,500 $233,067 $0 $0
2020 $5,308 $224,933 $0 $0
2019 $5,092 $216,800 $69,000 $147,800
2018 $5,116 $216,800 $69,000 $147,800
2017 $5,116 $216,800 $0 $0
2016 $3,731 $226,000 $0 $0
2015 $3,731 $203,167 $0 $0
2014 $3,731 $180,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Shpritz Real Estate Agent - Ashland Auction Group LLC

    Seller's Agent in 2024

    Adam Shpritz

    Ashland Auction Group LLC

    (410) 365-3595

    8 in this area

    3,707 Total Sales

    Adam Shpritz
    Section Image
  • Lee Shpritz Real Estate Agent - Ashland Auction Group LLC

    Seller Co-Listing Agent in 2024

    Lee Shpritz

    Ashland Auction Group LLC

    (410) 488-3124

    8 in this area

    3,616 Total Sales

    Lee Shpritz
    Section Image

  • U

    Buyer's Agent in 2024

    Unrepresented

    Unrepresented

See All Agents

Map

Source: Bright MLS

MLS Number: MDBA2140118

Bright MLS

APN: 3418A-029

Maryland Baltimore City County Baltimore 21217 Reservoir Hill

2556 Madison Ave, Baltimore, MD

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