NOT LISTED FOR SALE

Estimated Value: $323,301 - $436,000

-- Bed
3 Baths
4,432 Sq Ft
$86/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $400,000 $90 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,606/month

1 Day on Market

Highlights

  • 0.06 Acre Lot
  • Hot Water Heating System
  • 1-minute walk to Margaret Brent Playground
  • Victorian Architecture

About This Home

As of April 2024

Investment Opportunity Alert! Welcome to 2617 & 2619 N Calvert St., an exceptional chance to transform two buildings into potentially six multi-unit properties. Located in a prime area, these properties offer a lucrative prospect for savvy investors. With strategic planning and vision, these buildings can be reimagined to maximize their potential.

Ideally, purchasing both buildings together offers the best value and potential for growth. However, if you're interested in acquiring just one of these properties, don't hesitate to reach out. Let's discuss how we can tailor this opportunity to meet your investment goals.

Property being sold as is.

2617 N Calvert is fee simple. 2619 N Calvert has ground rent. Buyer to verify ground rent.

Last Listed By

Bryan Schafer

Compass License #0225271554 Listed on: 03/14/2024

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 2,413 Sq Ft Lot
  • Ground Rent of $60 semi-annually

Home Design

  • Duplex
  • Victorian Architecture
  • Brick Exterior Construction

Interior Spaces

  • 4,432 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • On-Street Parking
  • Off-Site Parking

Utilities

  • Radiator
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Charles Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0312163838 041

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Victorian
  • Ownership: Ground Rent
  • New Construction: No
  • Expected On Market: 2024-03-14
  • Year Built: 1900
  • Remarks Public: Investment Opportunity Alert! Welcome to 2617 & 2619 N Calvert St., an exceptional chance to transform two buildings into potentially six multi-unit properties. Located in a prime area, these properties offer a lucrative prospect for savvy investors. With strategic planning and vision, these buildings can be reimagined to maximize their potential. Ideally, purchasing both buildings together offers the best value and potential for growth. However, if you're interested in acquiring just one of these properties, don't hesitate to reach out. Let's discuss how we can tailor this opportunity to meet your investment goals. Property being sold as is. 2617 N Calvert is fee simple. 2619 N Calvert has ground rent. Buyer to verify ground rent.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 4432
  • Living Area Sq Ft: 4432
  • Price Per Sq Ft: 78.97
  • Above Grade Finished Sq Ft: 4432
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2617-2619

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Site, On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2413.00
  • Zoning: R-6
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 60.00
  • Ground Rent Pymnt Freq: Semi-Annually
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10968.00
  • Assessor Parcel Number: 0312163838 041
  • Tax Year: 2023
  • Close Date: 04/26/2024

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Apr 22, 2024
Sold by
2617 Calvert Street Llc
Bought by
Tarvin Enterprise Llc
Seller's Agent
Bryan Schafer
Compass
Buyer's Agent
Eboni Lyttle
Realty One Group Universal
List Price
$250,000
Sold Price
$400,000
Premium/Discount to List
$150,000
60%
Total Days on Market
1
Views
13
Current Estimated Value
$379,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,349
Avg. Annual Appreciation
-4.76%
Original Mortgage
$276,550
Interest Rate
6.94%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 23, 2002
Sold by
Baltimore Association For
Bought by
2617 Calvert Street Llc

Range of Values:

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Average Value
Not Available
List Price
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
Tarvin Enterprise Llc $200,000 None Listed On Document
2617 Calvert Street Llc $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tarvin Enterprise Llc $326,250
Previous Owner Tarvin Enterprise Llc $276,550
Previous Owner 2402 Guilford Avenue Llc $970,000
Previous Owner 2617 Calvert Street Llc $970,000
Previous Owner 2617 Calvert Street Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $400,000 +14.3% $90 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
03/14/2024 03/14/24 Price Changed $350,000 +40.0% $79 / Sq Ft
03/14/2024 03/14/24 For Sale $250,000 -- $56 / 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
2024 $5,773 $245,800 $0 $0
2023 $5,504 $233,200 $0 $0
2022 $5,206 $220,600 $90,000 $130,600
2021 $5,170 $219,067 $0 $0
2020 $5,134 $217,533 $0 $0
2019 $5,073 $216,000 $90,000 $126,000
2018 $5,097 $215,967 $0 $0
2017 $5,096 $215,933 $0 $0
2016 $4,913 $215,900 $0 $0
2015 $4,913 $213,067 $0 $0
2014 $4,913 $210,233 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2117694

Bright MLS

APN: 3838-041