NOT LISTED FOR SALE

Estimated Value: $200,194 - $204,000

-- Bed
-- Bath
-- Sq Ft
1930 Built

Last Sold February 27, 2023

Last sale price $175,000

Est. 15% increase in value since last sale

Current estimated payment $1,101/month

18 Days on Market

Highlights

  • Second Kitchen
  • Forced Air Heating System
  • Carpet
  • Traditional Architecture
  • Property is in very good condition

About This Home

As of February 2023

If you are in the market for a legally zoned two unit building without violations and fully lead compliant in terrific condition look no further. This fine building has everything that a savvy investor is looking for. Fully separate utilities and tenants split the water bill. Main level unit consists of the entrance level and lower level. One bedroom, formal living room, formal dining room, kitchen with entrance door to rear yard. Interior stairs connect generous proportioned lower level with 10ft plus ceiling height. There is a newly renovated full bathroom, spacious bedroom and utility room. Tenant pays $1,000 monthly plus utilities and currently on a lease with many months left. The water bill is split between the two units. Second floor unit currently on month to month lease for $900.00 monthly plus utilities. Front Living room, centered kitchen with appliances and portable washing machine, updated bathroom and rear bedroom. There is an oversized skylight centered over the entrance staircase that floods the unit with natural lighting. Home inspections are welcome for informational purposes only. Property being sold "as is" ...no known defects

Last Agent to Sell the Property

Brigitte Williams

(443) 250-1841 brigitterealtor@yahoo.com Cummings & Co. Realtors Listed on: 01/05/2023

Cummings & Co. Realtors

Last Buyer's Agent

Yony Kifle

(703) 405-5182 homes.yourdmvteam@gmail.com EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $354

Year Built

  • Built in 1930

Lot Details

  • Ground Rent of $96 semi-annually
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • Double Hung Windows
  • Carpet

Kitchen

  • Second Kitchen
  • Gas Oven or Range

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • 4-Story Building

Listing and Financial Details

  • Tax Lot 041
  • Assessor Parcel Number 0309174139 041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$354

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Ground Rent
  • New Construction: No
  • Expected On Market: 2023-01-20
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Appliances: Dryer, Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Washer
  • Flooring Type: Carpet
  • Interior Amenities: 2nd Kitchen
  • Window Features: Double Hung
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Stone
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Units: Square Feet
  • Lot Sq Ft: 0.01
  • Property Condition: Very Good
  • Zoning: R-6
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 96.00
  • Ground Rent Pymnt Freq: Semi-Annually
  • Number Of Units Month To Month: 1
  • Rent Control: No
  • Total Actual Rent: 22800.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 354.00
  • Assessor Parcel Number: 0309174139 041
  • Tax Lot: 041
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Gross Income: 22800.00

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Feb 23, 2023
Sold by
Metropolis Properties Llc
Bought by
Desir Tariq Quadim
Seller's Agent
Brigitte Williams
Cummings & Co. Realtors
Buyer's Agent
Yony Kifle
EXP Realty, LLC
List Price
$199,900
Sold Price
$175,000
Premium/Discount to List
-$24,900
-12.46%
Views
53
Current Estimated Value
$202,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,097
Avg. Annual Appreciation
5.35%
Original Mortgage
$148,750
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2011
Sold by
Redbalt 1 Llc
Bought by
Baltimore Preferred Properties Llc
Source: Public Records

Range of Values:

--
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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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
Desir Tariq Quadim $175,000 None Listed On Document
Baltimore Preferred Properties Llc $105,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Desir Tariq Quadim $148,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2023 02/27/23 Sold $175,000 -12.5% --
01/05/2023 01/05/23 For Sale $199,900 -- --
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
2025 $446 $21,000 $4,000 $17,000
2024 $446 $19,000 $0 $0
2023 $399 $17,000 $0 $0
2022 $354 $15,000 $3,000 $12,000
2021 $354 $15,000 $3,000 $12,000
2020 $354 $15,000 $3,000 $12,000
2019 $352 $15,000 $3,000 $12,000
2018 $354 $15,000 $3,000 $12,000
2017 $354 $15,000 $0 $0
2016 $284 $15,000 $0 $0
2015 $284 $14,000 $0 $0
2014 $284 $13,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2071206

Bright MLS

APN: 4139-041