NOT LISTED FOR SALE

Estimated Value: $498,563 - $542,000

-- Bed
3 Baths
3,294 Sq Ft
$158/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $333,000 $101 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,607/month

11 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Heating System Uses Steam
  • 2 Car Detached Garage
  • Ceiling Fan
  • 1-minute walk to Margaret Brent Playground

About This Home

As of September 2016

Investment opportunity. Newly updated 3 unit townhouse offers great income potential in a convenient location. Two 1-2 BR apartments (one w/2 full baths), a 2 level, 2 BR/1.5 bath owner's unit and 2 car garage. Convenient to JHU Homewood, Penn Station, Union Memorial Hospital, parks, restaurants, cafes & shopping. One block to Hopkins Shuttle. Two blocks to Circulator. Subject to CVCBD surtax.

Last Listed By

John Spurrier

Cummings & Co. Realtors Listed on: 06/16/2016

Cummings & Co. Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,483

Year Built

  • Built in 1900

Lot Details

  • 3,790

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Plaster Walls
  • Rubber Roof

Partially Finished Basement

  • Connecting Stairway
  • Rear Basement Entry

Schools

  • Margaret Brent Elementary School

Utilities

  • Cooling Available
  • Radiator
  • Heating System Uses Steam
  • Natural Gas Water Heater

Additional Features

  • Ceiling Fan
  • Property is in very good condition

Listing and Financial Details

  • The owner pays for insurance, real estate taxes, all utilities
  • Tax Lot 037
  • Assessor Parcel Number 0312163838 037

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Charles Village Subdivision

Building Details

  • Income includes parking
  • Operating Expense $10,177

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,483

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Expected On Market: 2016-06-16
  • Year Built: 1900
  • Remarks Public: Investment opportunity. Newly updated 3 unit townhouse offers great income potential in a convenient location. Two 1-2 BR apartments (one w/2 full baths), a 2 level, 2 BR/1.5 bath owner's unit and 2 car garage. Convenient to JHU Homewood, Penn Station, Union Memorial Hospital, parks, restaurants, cafes & shopping. One block to Hopkins Shuttle. Two blocks to Circulator. Subject to CVCBD surtax.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Partially Finished
  • Price Per Sq Ft: 96.84
  • Street Number Modifier: 2625

Exterior Features

  • 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 Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Steam, Radiator
  • 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

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • Elementary School: MARGARET BRENT
  • School District Key: 121137830454
  • Elementary School: MARGARET BRENT

Lot Info

  • Improvement Assessed Value: 184700.00
  • Land Assessed Value: 90000.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: 8
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Insurance, Taxes - Real Estate, All Utilities
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12955322
  • Tax Annual Amount: 6482.92
  • Assessor Parcel Number: 0312163838 037
  • Tax Lot: 037
  • Tax Total Finished Sq Ft: 3294
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 09/16/2016

Multi Family

  • Gross Income: 42600.00
  • Income Includes: Parking
  • Metering: Heat Common, Electric Separate, Gas Separate
  • Operating Expense: 10177.00
  • Vacancy Allowance Rate: 67.00

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2016
Closed on
Sep 16, 2016
Sold by
Alt Vernon D
Bought by
Ervin Tamara
Seller's Agent
John Spurrier
Cummings & Co. Realtors
Buyer's Agent
Angelo Cooper
Keller Williams Legacy
List Price
$319,000
Sold Price
$333,000
Premium/Discount to List
$14,000
4.39%
Total Days on Market
11
Current Estimated Value
$520,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,282
Avg. Annual Appreciation
5.93%
Original Mortgage
$326,968
Outstanding Balance
$263,926
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$285,070

Purchase Details

Closed on
Jul 15, 1999
Sold by
Lafond John L
Bought by
Alt Vernon D

Range of Values:

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Average Value
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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
Ervin Tamara $333,000 Granite Title Associates Inc
Alt Vernon D $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ervin Tamara $22,791
Open Ervin Tamara $326,968
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $333,000 +4.4% $101 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $319,000 -- $97 / 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 $8,510 $404,200 $0 $0
2023 $9,009 $385,800 $0 $0
2022 $7,839 $367,400 $90,000 $277,400
2021 $8,426 $357,033 $0 $0
2020 $7,282 $346,667 $0 $0
2019 $7,069 $336,300 $90,000 $246,300
2018 $6,767 $315,767 $0 $0
2017 $6,431 $295,233 $0 $0
2016 $2,545 $274,700 $0 $0
2015 $2,545 $274,700 $0 $0
2014 $2,545 $274,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001150331

Bright MLS

APN: 3838-037