NOT LISTED FOR SALE

Estimated Value: $395,779

-- Bed
-- Bath
3,135 Sq Ft
$126/Sq Ft Est. Value

Last Sold August 26, 2024

Last sale price $385,000 $123 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,675/month

95 Days on Market

Highlights

  • 0.04 Acre Lot
  • Radiator
  • 3-minute walk to Margaret Brent Playground
  • Central Air

About This Home

As of August 2024

Join the Resurgence of 25th Street, Dubbed “The Black Wall Street of Baltimore” by the Baltimore Sun. Deceptively Large Rowhome in Charles Village: Provides 3,135 Square Feet Gross Living Area Plus Usable Basement Space. Upside Potential to Improve Residential Kitchens and Baths to Achieve Higher Rental Rates. Zoned C-1, The Property Provides Versatility, Allowing Owners to Change Uses from Residential to Commercial as They Desire. The apartments on the second and third floors are plus-sized 1-bedrooms. This interior rowhome boasts large windows on both the north and south walls, with a southern-facing bay window providing bonus natural light. Generous room sizes are accentuated by hardwood floors throughout most of the living spaces. Kitchens have either an 30′′ electric or gas range, wood cabinets, laminate counters and laminate flooring. The 2nd floor apartment has a porcelain sink top; the 3rd floor has a stainless sink. Bathrooms have modern vanities, cast iron tubs with ceramic tile tub-surrounds. Upgrading kitchens and bathrooms would significantly improve monthly rents.

The commercial suites are built-out and upgraded by the Tenants to meet the needs of the Tenants’ use. The first floor provides medical training and has been home to Phylis Angels Training Center since 2017, with classrooms and training stations. Wall-to-wall carpeting throughout, with a modern half bath and private office in the rear. The terrace retail suite has seen major improvements in the last few years, with new drywall walls and ceilings, recessed lighting, LVP flooring and improved half-bath. The very rear of the terrace is home to the utilities and provides the tenant with additional storage space.

Inside this Charles Village Mixed-Use, the apartments are heated by a central Repco 275,00 BTU hot water radiator heating system; radiant heating serves the terrace store. The landlord does pay for the gas heat; a savvy owner could pass this through to tenants, improving cash flow. The 1st floor commercial tenant has their own heat pump with central air. A central 40-gallon gas-fired water heater supplies hot water to all units. Each unit has its own electric meter and pays their own electric. Two gas meters serve the property, one public service and the other presumed for Apartment 2. BGE is not actively billing the owner for natural gas usage. All interior water supply pipes are copper or C-PVC, with a copper water main. All observable interior water drain lines are copper or steel. The landlord currently pays for water. The Charles Village 25th Street corridor has been dubbed the “Black Wall Street of Baltimore” by the Baltimore Sun. Its numerous clothing retailers, art shops, and beauty stores has made it a fashion destination in Baltimore City. Commercial tenants enjoy the high visibility and walking traffic this location brings. Residential tenants enjoy the close proximity to various restaurants, art venues, and stores. Johns Hopkins, the city’s #1 employer, has its Homewood Campus just five blocks north. The central location in Baltimore gives residents a quick commute to downtown Baltimore or a short drive to I-83 for a drive to Baltimore County. The Maryland Avenue CycleTrack is one block away for bike commuters.

28 East 25th Street is designated a “Walker’s Paradise” with a Walk Score of 95; a Transit Score of 80; and a Bike Score of 85.

Last Agent to Sell the Property

Will Cannon

Ben Frederick Realty, Inc. Listed on: 04/25/2024

Co-Listed By

Cheryl Sadera

Ben Frederick Realty, Inc. License #666796

Last Buyer's Agent

Justin Akchurin

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,024

Year Built

  • Built in 1900

Lot Details

  • 1,596 Sq Ft Lot

Home Design

  • Quadruplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Brick Foundation

Parking

  • 2 Parking Spaces
  • 2 Off-Street Spaces

Utilities

  • Central Air
  • Window Unit Cooling System
  • Radiator
  • Heat Pump System
  • Radiant Heating System
  • Natural Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 029
  • Assessor Parcel Number 0312033831 029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,024

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Exclusions: Tenant possessions' excluded
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Join the Resurgence of 25th Street, Dubbed “The Black Wall Street of Baltimore” by the Baltimore Sun. Deceptively Large Rowhome in Charles Village: Provides 3,135 Square Feet Gross Living Area Plus Usable Basement Space. Upside Potential to Improve Residential Kitchens and Baths to Achieve Higher Rental Rates. Zoned C-1, The Property Provides Versatility, Allowing Owners to Change Uses from Residential to Commercial as They Desire. The apartments on the second and third floors are plus-sized 1-bedrooms. This interior rowhome boasts large windows on both the north and south walls, with a southern-facing bay window providing bonus natural light. Generous room sizes are accentuated by hardwood floors throughout most of the living spaces. Kitchens have either an 30″ electric or gas range, wood cabinets, laminate counters and laminate flooring. The 2nd floor apartment has a porcelain sink top; the 3rd floor has a stainless sink. Bathrooms have modern vanities, cast iron tubs with ceramic tile tub-surrounds. Upgrading kitchens and bathrooms would significantly improve monthly rents. The commercial suites are built-out and upgraded by the Tenants to meet the needs of the Tenants’ use. The first floor provides medical training and has been home to Phylis Angels Training Center since 2017, with classrooms and training stations. Wall-to-wall carpeting throughout, with a modern half bath and private office in the rear. The terrace retail suite has seen major improvements in the last few years, with new drywall walls and ceilings, recessed lighting, LVP flooring and improved half-bath. The very rear of the terrace is home to the utilities and provides the tenant with additional storage space. Inside this Charles Village Mixed-Use, the apartments are heated by a central Repco 275,00 BTU hot water radiator heating system; radiant heating serves the terrace store. The landlord does pay for the gas heat; a savvy owner could pass this through to tenants, improving cash flow. The 1st floor commercial tenant has their own heat pump with central air. A central 40-gallon gas-fired water heater supplies hot water to all units. Each unit has its own electric meter and pays their own electric. Two gas meters serve the property, one public service and the other presumed for Apartment 2. BGE is not actively billing the owner for natural gas usage. All interior water supply pipes are copper or C-PVC, with a copper water main. All observable interior water drain lines are copper or steel. The landlord currently pays for water. The Charles Village 25th Street corridor has been dubbed the “Black Wall Street of Baltimore” by the Baltimore Sun. Its numerous clothing retailers, art shops, and beauty stores has made it a fashion destination in Baltimore City. Commercial tenants enjoy the high visibility and walking traffic this location brings. Residential tenants enjoy the close proximity to various restaurants, art venues, and stores. Johns Hopkins, the city’s #1 employer, has its Homewood Campus just five blocks north. The central location in Baltimore gives residents a quick commute to downtown Baltimore or a short drive to I-83 for a drive to Baltimore County. The Maryland Avenue CycleTrack is one block away for bike commuters. 28 East 25th Street is designated a “Walker’s Paradise” with a Walk Score of 95; a Transit Score of 80; and a Bike Score of 85.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 4180
  • Living Area Sq Ft: 3135
  • Price Per Sq Ft: 126.00
  • Above Grade Finished Sq Ft: 3135
  • Below Grade Sq Ft: 1045
  • Total Below Grade Sq Ft: 1045
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 28

Exterior Features

  • Other Structures: Above Grade, Below 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
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Heat Pump(s), Radiant, 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

  • Land Use Code: C
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1596.00
  • Year Assessed: 2024
  • Zoning: C-1
  • Zoning Description: Licensed for 2 Dwelling Units and 2 Stores
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Rent Control: No
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5024.00
  • Assessor Parcel Number: 0312033831 029
  • Tax Lot: 029
  • Tax Total Finished Sq Ft: 3135
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 08/26/2024

Multi Family

  • Single Room Units Count: 2

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Aug 22, 2024
Sold by
28 E 25Th Llc
Bought by
28 E Holdings Llc
Seller's Agent
Will Cannon
Ben Frederick Realty, Inc.
Buyer's Agent
Justin Akchurin
Coldwell Banker Realty
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%
Views
39
Current Estimated Value
$395,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,779
Avg. Annual Appreciation
2.80%

Purchase Details

Closed on
Aug 16, 2019
Sold by
Smj Baltimore Llc
Bought by
28 E 25Th Llc

Purchase Details

Closed on
Dec 30, 2015
Sold by
2718 Gullford Properties Llc
Bought by
Smj Baltimore Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
28 E Holdings Llc $385,000 Terrain Title
28 E 25Th Llc -- Eagle Title Llc
Smj Baltimore Llc $157,500 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2024 08/26/24 Sold $385,000 -2.5% $123 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $395,000 -- $126 / 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
2025 $6,263 $320,400 $71,800 $248,600
2024 $6,263 $266,633 $0 $0
2023 $5,024 $212,867 $0 $0
2022 $3,755 $159,100 $71,800 $87,300
2021 $3,521 $149,200 $0 $0
2020 $3,287 $139,300 $0 $0
2019 $3,039 $129,400 $71,800 $57,600
2018 $3,054 $129,400 $71,800 $57,600
2017 $3,054 $129,400 $0 $0
2016 $2,966 $129,400 $0 $0
2015 $2,966 $128,100 $0 $0
2014 $2,966 $126,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDBA2123116

Bright MLS

APN: 3831-029