NOT LISTED FOR SALE

2805 Forest View Ave Baltimore, MD 21214

Lauraville Neighborhood

Estimated Value: $267,000 - $394,995

-- Bed
5 Baths
2,946 Sq Ft
$112/Sq Ft Est. Value

Last Sold October 28, 2015

Last sale price $95,000 $32 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $2,325/month

28 Days on Market

Highlights

  • 0.9 Acre Lot
  • Window Unit Cooling System
  • Radiator
  • No HOA

About This Home

As of October 2015

3 units occupied with long term tenants on a m to m lease. Tenants pay electric and gas (stove), owner pays: oil (heat), gas (hot water), taxes, insurance, water bills. Property needs extensive work and will not pass conventional financing: construction/cash offers only. AS-IS sale, GR TBD, owner will not redeem. Best and highest offers are due Thursday 07/02 end of business.

Last Agent to Sell the Property

Raimundas Valacka

Keller Williams Gateway LLC Listed on: 06/19/2015

Keller Williams Gateway LLC

Last Buyer's Agent

Raimundas Valacka

Keller Williams Gateway LLC Listed on: 06/19/2015

Keller Williams Gateway LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 0.9 Acre Lot
  • Ground Rent of $240 expires in 99 years

Parking

  • Gravel Driveway

Home Design

  • Stucco

Basement

  • Connecting Stairway
  • Exterior Basement Entry

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Oil
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 001
  • Assessor Parcel Number 0327073949B001

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $16,000
  • Net Operating Income $24,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Ground Rent
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1945
  • Remarks Public: 3 units occupied with long term tenants on a m to m lease. Tenants pay electric and gas (stove), owner pays: oil (heat), gas (hot water), taxes, insurance, water bills. Property needs extensive work and will not pass conventional financing: construction/cash offers only. AS-IS sale, GR TBD, owner will not redeem. Best and highest offers are due Thursday 07/02 end of business.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Connecting Stairway
  • Price Per Sq Ft: 30.21
  • Street Number Modifier: 2805

Exterior Features

  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454

Lot Info

  • Improvement Assessed Value: 176700.00
  • Land Assessed Value: 70000.00
  • Lot Size Acres: 0.90
  • Lot Size Area: 39204
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 39204.00
  • Property Attached Yn: No
  • Year Assessed: 2015
  • Zoning: 4
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 240.00
  • Ground Rent Pymnt Freq: Annually
  • Ground Rent Years Remaining: 99
  • Lease Term: Negotiable
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13081652
  • Tax Annual Amount: 5822.12
  • Assessor Parcel Number: 0327073949B001
  • Tax Lot: 001
  • Tax Total Finished Sq Ft: 2946
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 10/28/2015

Multi Family

  • Gross Income: 40800.00
  • Operating Expense: 16000.00
  • Vacancy Allowance Rate: 40.00

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2022
Sold by
Byron James
Bought by
2805 Forest View Llc
Current Estimated Value
$326,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,500
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2017
Sold by
Mb Capital Investment A Corporation
Bought by
Byron James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 19, 2015
Closed on
Oct 28, 2015
Sold by
Bayview Loan Servicing Llc
Bought by
Mb Capital Investments Inc
Seller's Agent
Raimundas Valacka
Keller Williams Gateway LLC
Buyer's Agent
Raimundas Valacka
Keller Williams Gateway LLC
List Price
$89,000
Sold Price
$95,000
Premium/Discount to List
$6,000
6.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.58%
Original Mortgage
$65,000
Interest Rate
3.87%
Mortgage Type
Amount Keyed Is An Aggregate Amount

Purchase Details

Listed on
Jun 19, 2015
Closed on
Oct 19, 2015
Sold by
Moore Kevin Michael
Bought by
Bayview Loan Servicing Llc
Seller's Agent
Raimundas Valacka
Keller Williams Gateway LLC
Buyer's Agent
Raimundas Valacka
Keller Williams Gateway LLC
List Price
$89,000
Sold Price
$95,000
Premium/Discount to List
$6,000
6.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.87%
Mortgage Type
Amount Keyed Is An Aggregate Amount

Purchase Details

Closed on
Apr 20, 2000
Sold by
Moore Norma L
Bought by
Moore Norma L
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
2805 Forest View Llc -- --
Byron James $110,000 None Available
Mb Capital Investments Inc $95,000 Attorney
Bayview Loan Servicing Llc $180,000 None Available
Moore Norma L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2805 Forest View Llc $438,750
Closed 2805 Forest View Llc $290,500
Previous Owner Byron James $100,000
Previous Owner Mb Capital Investments Inc $65,000
Previous Owner Bayview Loan Servicing Llc $65,000
Previous Owner Moore Kevin Michael $262,500
Previous Owner Moore Kevin M $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2015 10/28/15 Sold $95,000 +6.7% $32 / Sq Ft
07/17/2015 07/17/15 Pending -- -- --
06/19/2015 06/19/15 For Sale $89,000 -- $30 / 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 $6,579 $284,400 -- --
2024 $6,579 $280,100 $70,000 $210,100
2023 $6,512 $277,267 $0 $0
2022 $6,477 $274,433 $0 $0
2021 $6,410 $271,600 $70,000 $201,600
2020 $6,037 $255,800 $0 $0
2019 $5,637 $240,000 $0 $0
2018 $5,291 $224,200 $70,000 $154,200
2017 $5,291 $224,200 $0 $0
2016 $4,175 $224,200 $0 $0
2015 $4,175 $246,700 $0 $0
2014 $4,175 $246,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Raimundas Valacka

    Seller's Agent in 2015

    Raimundas Valacka

    Keller Williams Gateway LLC

    (410) 491-8948

    51 Total Sales

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Map

Source: Bright MLS

MLS Number: 1001128651

Bright MLS

APN: 3949B-001

Maryland Baltimore City County Baltimore 21214 Lauraville

2805 Forest View Ave, Baltimore, MD

This home is located at 2805 Forest View Ave, Baltimore, MD 21214 since 19 June 2015 and is currently estimated at $330,998, approximately $112 per square foot. This property was built in 1945. 2805 Forest View Ave is a home located in Baltimore City with nearby schools including Garrett Heights Elementary School, Booker T. Washington Middle School, and Paul Laurence Dunbar Community High School.

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