NOT LISTED FOR SALE

2835 Riggs Ave Baltimore, MD 21216

Mosher Neighborhood

Estimated Value: $140,000 - $207,933

3 Beds
1 Bath
1,518 Sq Ft
$115/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $36,000 $24 Per Sq Ft

Est. 383% increase in value since last sale

Current estimated payment $1,068/month

29 Days on Market

About This Home

As of October 2023

OWNER PORTFOLIO SALE!! We have an exciting opportunity for you to acquire a full portfolio of 11 properties in Baltimore. These properties have been recently updated and will soon be rented out.

Ideally, we are looking for a buyer interested in purchasing the entire portfolio, but individual purchases are also welcome. All homes are being sold AS-IS, so please keep that in mind.

If you are interested, please make sure to include Proof of Funds, Earnest Money Deposit (EMD), and all required addenda with your offer. The list price for the entire portfolio is $1,300,000, but we can provide a breakdown of pricing for each property upon request.

For more details, please email the listing agent. Once a contract has been accepted, we can provide you with the leases, lead certificates, rental registrations, and rent breakdown for each property. You can also find possible financial options in the attached documents.

This is a unique opportunity to add a diverse portfolio of properties to your investment portfolio. There is also potential to create additional value through a renovation program.

The portfolio includes a mix of 2, 3, and 4-bedroom properties, as well as one multi-family unit. Each property is equipped with appliances, wood cabinets, hard surface countertops, carpet, tile, hardwood flooring, and a washer/dryer. Out of the 11 properties, 9 are currently occupied.

To schedule a showing, please use the showing time platform. Don't miss out on this opportunity to expand your portfolio today!

Last Agent to Sell the Property

Janaina Gutu

(240) 475-7575 janaina.gutu@compass.com Compass License #SP40000565 Listed on: 09/04/2023

Compass

Last Buyer's Agent

Janaina Gutu

(240) 475-7575 janaina.gutu@compass.com Compass License #SP40000565 Listed on: 09/04/2023

Compass

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1920

Lot Details

  • 1,518

Home Design

  • Brick Exterior Construction
  • Combination Foundation

Interior Spaces

  • Property has 3 Levels
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • 1,518 Sq Ft Lot
  • Radiator

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 027
  • Assessor Parcel Number 0316232394 027

Townhouse Details

Home Type

Townhome

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-09-04
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Combination
  • Total Sq Ft: 2277
  • Living Area Sq Ft: 1518
  • Price Per Sq Ft: 32.87
  • Above Grade Finished Sq Ft: 1518
  • Below Grade Sq Ft: 759
  • Total Below Grade Sq Ft: 759
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

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

Utilities

  • Central Air Conditioning: No
  • Heating Type: Radiator
  • Heating: Yes
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1518.00
  • Zoning: R-6
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 944.00
  • Assessor Parcel Number: 0316232394 027
  • Tax Lot: 027
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2023
Closed on
Nov 8, 2023
Sold by
Chakras Llc
Bought by
Hassco Llc
Seller's Agent
Janaina Gutu
Compass
Buyer's Agent
Janaina Gutu
Compass
List Price
$113,000
Sold Price
$36,000
Premium/Discount to List
-$77,000
-68.14%
Views
141
Current Estimated Value
$173,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,967
Avg. Annual Appreciation
120.70%

Purchase Details

Closed on
Apr 26, 2022
Sold by
Property Invest Md Llc
Bought by
Chaicras Llc

Purchase Details

Closed on
Feb 18, 2016
Sold by
Curtis Edward
Bought by
Juliens Home Improvement Llc

Purchase Details

Closed on
Jun 10, 2014
Sold by
Bagley Elmer George
Bought by
Novalux Md 12 Llc

Purchase Details

Closed on
Dec 2, 2010
Sold by
Country Walk Investments 41 L
Bought by
Bagley Elmer George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hassco Llc $49,900 Clear Title Group
Chaicras Llc $113,000 Goddard Wayne S
Property Invest Mi Llc $65,000 Goddard Wayne S
Chaicras Llc $113,000 Goddard Wayne S
Juliens Home Improvement Llc -- Golden Trust Title & Escrow
Novalux Md 12 Llc $2,348 None Available
Bagley Elmer George $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bagley Elmer George $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2023 10/31/23 Sold $36,000 -27.9% $24 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
09/26/2023 09/26/23 Price Changed $49,900 -50.1% $33 / Sq Ft
09/25/2023 09/25/23 Price Changed $99,900 -11.6% $66 / Sq Ft
09/04/2023 09/04/23 For Sale $113,000 +927.3% $74 / Sq Ft
09/19/2014 09/19/14 Sold $11,000 +120.0% $7 / Sq Ft View Prior Sale
09/10/2014 09/10/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $5,000 -- $3 / 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 $1,879 $115,000 -- --
2024 $1,879 $80,000 $0 $0
2023 $1,057 $45,000 $9,000 $36,000
2022 $944 $40,000 $0 $0
2021 $826 $35,000 $0 $0
2020 $708 $30,000 $7,000 $23,000
2019 $705 $30,000 $7,000 $23,000
2018 $708 $30,000 $7,000 $23,000
2017 $708 $30,000 $0 $0
2016 $677 $30,000 $0 $0
2015 $677 $30,000 $0 $0
2014 $677 $65,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Janaina Gutu

    Compass

    (240) 475-7575

    1 in this area

    80 Total Sales

    Janaina Gutu
    Section Image
  • Adam Shpritz

    Seller's Agent in 2014

    Adam Shpritz

    Ashland Auction Group LLC

    (410) 365-3595

    53 in this area

    3,915 Total Sales

    Adam Shpritz
    Section Image
  • Lee Shpritz

    Seller Co-Listing Agent in 2014

    Lee Shpritz

    Ashland Auction Group LLC

    (410) 488-3124

    53 in this area

    3,812 Total Sales

    Lee Shpritz
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDBA2097796

Bright MLS

APN: 2394-027

Maryland Baltimore City County Baltimore 21216 Mosher

2835 Riggs Ave, Baltimore, MD

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