NOT LISTED FOR SALE

Estimated Value: $324,000 - $383,493

-- Bed
2 Baths
2,250 Sq Ft
$157/Sq Ft Est. Value

Last Sold November 28, 2023

Last sale price $349,000 $155 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,384/month

39 Days on Market

About This Home

As of November 2023

2802 Berwick Avenue is a detached apartment building in North East Baltimore City, located just north of Hamilton and south of Parkville. Situated on a quiet one-way, tree-lined street, tenants enjoy peaceful living while still just minutes from the bustling activity along the north east corridor of Belair and Harford Roads. Well-kept and easy to maintain, this investment property offers cash flow as-is. Kitchens feature 30? gas ranges, wood cabinets and laminate countertops. Bathrooms have steel tubs with vinyl enclosures and modern vanities. Living areas are carpeted, with vinyl tile floors in kitchens and vinyl plank flooring in baths. The first floor apartment connects to the basement, which is a legal, third bedroom or an additional living space. First floor tenants enjoy bonus storage space in the unfinished basement. A full bath has been roughed-in in the basement and could be completed to increase rent. Amenities for both tenants include in-unit washers and dryers, as well as a manicured back yard with pergola and firepit. Fully self-contained, each apartment has its own electric and gas meter, as well as individual gas fired 40-gallon water heaters. The owner currently pays for water; a savvy investor would pass this through to the tenants and increase cash flow. Tenants appreciate double-pane vinyl windows to help keep utility costs down. 1st Floor rented for $1,850 through 8/2024; 2nd floor rented for $1450 through 7/2024.

Apartment One has a gas-fired forced air furnace with central air. Apartment Two has an electric heat pump and central air. Observable water supply pipes are a mix of copper and c-pvc; the building has been upgraded to a copper water main. Observable drain lines are pvc. New roof: 2021. Apartment 1 has new HVAC: 2020. Local neighborhood associations, such as Arcadia, Lauraville, Hamilton Hills and North Harford Road Community are working consistently and collaboratively to continue improving the north east corridor of Baltimore City. The local K-8 school that serves 2802 Berwick exceeds federal and state expectations for yearly progress with more than 75 percent of students earning proficient or advanced on both the reading and math sections of the MD State Assessment. Hamilton Elementary/Middle is known for the top ranking student bands in the City. Two major grocers are located within 1.5 miles. Local dining and shopping options abound and the property is moments to I-695.

Last Agent to Sell the Property

Cheryl Sadera

Ben Frederick Realty, Inc. Listed on: 09/20/2023

Last Buyer's Agent

Maud Shields

Smart Realty, LLC

Smart Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,390

Year Built

  • Built in 1937

Lot Details

  • 8,646 Sq Ft Lot
  • Property is in excellent condition

Home Design

  • Duplex
  • Converted Dwelling
  • Block Foundation
  • Asphalt Roof
  • Stick Built Home

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • 200+ Amp Service
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 013
  • Assessor Parcel Number 0327355482A013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,390

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Exclusions: Tenant's possessions excluded.
  • New Construction: No
  • Year Built: 1937
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Block
  • Total Sq Ft: 2700
  • Living Area Sq Ft: 2250
  • Price Per Sq Ft: 193.89
  • Above Grade Finished Sq Ft: 1800
  • Below Grade Finished Sq Ft: 450
  • Below Grade Sq Ft: 450
  • Total Below Grade Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2802

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built
  • Roof: Asphalt
  • 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 Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • 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: R
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8646.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: R-3
  • Zoning Description: Licensed for 2 Dwelling Units
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4390.00
  • Assessor Parcel Number: 0327355482A013
  • Tax Lot: 013
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 11/28/2023

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Nov 28, 2023
Sold by
Haley Stephen Russell
Bought by
Adediran Titus
Seller's Agent
Cheryl Sadera
Ben Frederick Realty, Inc.
Buyer's Agent
Maud Shields
Smart Realty, LLC
List Price
$349,000
Sold Price
$349,000
Views
124
Current Estimated Value
$353,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,747
Avg. Annual Appreciation
0.76%
Original Mortgage
$342,678
Outstanding Balance
$337,268
Interest Rate
7.76%
Mortgage Type
FHA
Estimated Equity
$16,479

Purchase Details

Closed on
Jun 2, 2021
Sold by
Fair Thomas H
Bought by
Haley Stephen Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,019
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2017
Sold by
Homick Jeanna
Bought by
Fair Thomas H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,701
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 2012
Sold by
Steele Robert L and Steele Michelle E
Bought by
Homick Jeanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2010
Sold by
Freedom Property Solutions Ll
Bought by
Steele Robert L and Steele Michelle E

Purchase Details

Closed on
Feb 3, 2010
Sold by
Sisolak Cary D
Bought by
Freedom Property Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2005
Sold by
Brennan Terence P
Bought by
Sisolak Cary D and Sisolak Colleen

Purchase Details

Closed on
Mar 28, 2005
Sold by
Brennan Terence P
Bought by
Sisolak Cary D and Sisolak Colleen
Source: Public Records

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
Adediran Titus $349,000 Awo Title
Adediran Titus $349,000 Awo Title
Haley Stephen Russell $275,000 Lakeside Title Company
Fair Thomas H $154,500 None Available
Homick Jeanna $145,000 Eagle Premier Title Group Ll
Steele Robert L $145,000 --
Freedom Property Solutions Llc $70,000 --
Sisolak Cary D $156,000 --
Sisolak Cary D $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adediran Titus $342,678
Closed Adediran Titus $342,678
Previous Owner Haley Stephen Russell $270,019
Previous Owner Fair Thomas H $153,250
Previous Owner Fair Thomas H $151,701
Previous Owner Homick Jeanna $108,750
Previous Owner Freedom Property Solutions Llc $90,000
Previous Owner Freedom Property Solutions Llc $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2023 11/28/23 Sold $349,000 0.0% $155 / Sq Ft
10/29/2023 10/29/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $349,000 -- $155 / 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 $5,987 $279,833 -- --
2024 $5,987 $254,900 $52,400 $202,500
2023 $5,178 $220,467 $0 $0
2022 $4,390 $186,033 $0 $0
2021 $3,578 $151,600 $52,400 $99,200
2020 $3,297 $151,600 $52,400 $99,200
2019 $3,280 $151,600 $52,400 $99,200
2018 $3,868 $163,900 $52,400 $111,500
2017 $3,868 $163,900 $0 $0
2016 $4,038 $163,900 $0 $0
2015 $4,038 $166,900 $0 $0
2014 $4,038 $166,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2099776

Bright MLS

APN: 5482A-013