NOT LISTED FOR SALE

2857 W Mulberry St Baltimore, MD 21223

Estimated Value: $55,000

2 Beds
1.5 Baths
1,078 Sq Ft
$51/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $50,000 $46 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $372/month

141 Days on Market

Highlights

  • Federal Architecture
  • No HOA
  • Radiator

About This Home

As of November 2023

This spacious home is waiting for either the first time buyer who is looking for a nice affordable home or the savvy investor who is looking to in expand a rental portfolio. You can bring this house back to his glory days with just some TLC and enjoy living here or start renting it and enjoy the passive cash flow.

Last Agent to Sell the Property

Jose Rivas

(410) 220-0345 jose@lionhomegroup.com Keller Williams Gateway LLC License #17572 Listed on: 05/25/2023

Keller Williams Gateway LLC

Last Buyer's Agent

Douglas Reyes

(240) 535-7450 dreyeshomes1@gmail.com Smart Realty, LLC License #602537

Smart Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $850

Year Built

  • Built in 1920

Lot Details

  • 1,120 Sq Ft Lot
  • Ground Rent of $96 semi-annually
  • Property is in below average condition

Parking

  • On-Street Parking

Home Design

  • Federal Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Penrose Subdivision

Listing and Financial Details

  • Tax Lot 041
  • Assessor Parcel Number 0320232219 041

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$850

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Ground Rent
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Basement
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1644
  • Living Area Sq Ft: 1078
  • Price Per Sq Ft: 64.94
  • Above Grade Finished Sq Ft: 1078
  • Below Grade Sq Ft: 566
  • Total Below Grade Sq Ft: 566
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Mixed
  • 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
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: 3rd Party

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1120.00
  • Property Condition: Below Average
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 96.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Semi-Annually
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 850.00
  • Assessor Parcel Number: 0320232219 041
  • Tax Lot: 041
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Nov 2, 2023
Sold by
Azabache & Bellino Investments Llc
Bought by
Romero Wilmer Andres
Seller's Agent
Jose Rivas
Keller Williams Gateway LLC
Buyer's Agent
Douglas Reyes
Smart Realty, LLC
List Price
$70,000
Sold Price
$50,000
Premium/Discount to List
-$20,000
-28.57%
Views
164
Current Estimated Value
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,000
Avg. Annual Appreciation
4.69%

Purchase Details

Listed on
Jun 13, 2022
Closed on
Aug 26, 2022
Sold by
R & Z Enterprise Llc
Bought by
Azabache & Bellino Investments Llc
Seller's Agent
Adam Shpritz
Ashland Auction Group LLC
Buyer's Agent
Adam Shpritz
Ashland Auction Group LLC
List Price
$10,000
Sold Price
$28,600
Premium/Discount to List
$18,600
186%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.48%

Purchase Details

Listed on
Jun 13, 2022
Closed on
Aug 17, 2022
Sold by
Henry Raymond
Bought by
Tark Development Llc
Seller's Agent
Adam Shpritz
Ashland Auction Group LLC
Buyer's Agent
Adam Shpritz
Ashland Auction Group LLC
List Price
$10,000
Sold Price
$28,600
Premium/Discount to List
$18,600
186%

Purchase Details

Listed on
Jun 13, 2022
Closed on
Aug 8, 2022
Sold by
Tark Development Llc
Bought by
R & Z Enterprise Llc
Seller's Agent
Adam Shpritz
Ashland Auction Group LLC
Buyer's Agent
Adam Shpritz
Ashland Auction Group LLC
List Price
$10,000
Sold Price
$28,600
Premium/Discount to List
$18,600
186%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Romero Wilmer Andres $50,000 First American Title
Romero Wilmer Andres $50,000 First American Title
Azabache & Bellino Investments Llc $58,000 --
Tark Development Llc $5,229 --
Tark Development Llc $5,229 None Listed On Document
R & Z Enterprise Llc $28,600 --
R & Z Enterprise Llc $28,600 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2023 11/02/23 Sold $50,000 -28.6% $46 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $70,000 0.0% $65 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
08/04/2023 08/04/23 Price Changed $70,000 -12.5% $65 / Sq Ft
05/25/2023 05/25/23 For Sale $80,000 +179.7% $74 / Sq Ft
08/09/2022 08/09/22 Sold $28,600 +186.0% $27 / Sq Ft View Prior Sale
06/20/2022 06/20/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $10,000 -- $9 / 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 $996 $48,800 -- --
2024 $996 $42,400 $0 $0
2023 $846 $36,000 $7,000 $29,000
2022 $850 $36,000 $7,000 $29,000
2021 $850 $36,000 $7,000 $29,000
2020 $809 $38,000 $7,000 $31,000
2019 $789 $37,333 $0 $0
2018 $788 $36,667 $0 $0
2017 $786 $36,000 $0 $0
2016 $802 $36,000 $0 $0
2015 $802 $36,000 $0 $0
2014 $802 $36,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2086986

Bright MLS

APN: 2219-041