Seller's Agent in 2024
Genevieve Hanson
Fairfax Realty Premier
(703) 338-7155
1 in this area
1 Total Sale
2860 W Baltimore St Baltimore, MD 21223
Shipley Hill NeighborhoodEstimated Value: $280,000 - $379,105
Studio
--
Bath
3,300
Sq Ft
$100/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- Patio
- Ceramic Tile Flooring
- Double Pane Windows
- Open Space
- Forced Air Heating and Cooling System
About This Home
As of March 2024CASH COW !!!! Contract fell through due to lack of Buyer closing funds. Renovated 4-unit building that sits on 2 Lots. FHA Appraised at over $405,000 in November. Scheduled Rent $3,650/month on Two -2 bedroom/1 bath and Two -3 bedroom/1 bath. Each unit has two-levels. 100% Occupancy, Kitchen has gas stove and refrigerator. Laminate Flooring. Lots of windows. Close to bus line, Old Frederick Shopping Center and St. Agnes Hospital. Large front and side yards. Separately metered for gas and electric. Landlord pays water only. Lead Certificates for all Units. Sold As-Is.
Last Agent to Sell the Property
(301) 439-9500 metrocondoking@gmail.com Fairfax Realty Premier License #616908 Listed on: 02/01/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $375
Year Built
- Built in 1905 | Remodeled in 2013
Lot Details
- 9,248 Sq Ft Lot
- Open Space
- Back Yard
- Ground Rent expires in 75 years
- Property is in good condition
Parking
- On-Street Parking
Home Design
- Quadruplex
- Brick Exterior Construction
- Brick Foundation
- Asphalt Roof
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,300 Sq Ft Home
- Double Pane Windows
- Views of Woods
Kitchen
- Gas Oven or Range
- ENERGY STAR Qualified Refrigerator
Flooring
- Carpet
- Laminate
- Ceramic Tile
Home Security
- Fire and Smoke Detector
- Fire Escape
Outdoor Features
- Patio
Schools
- Frederick Elementary School
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Municipal Trash
Listing and Financial Details
- The owner pays for water, snow removal
- Assessor Parcel Number 0320062183C050A
Community Details
Overview
- 4 Units
- 1-Story Building
- Shipley Hill Subdivision
Building Details
- Income includes apartment rentals
- Gross Income $43,800
- Net Operating Income $20,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2024
Closed on
Mar 27, 2024
Sold by
Hanson Genevieve
Bought by
Owens Dominique
Seller's Agent
Genevieve Hanson
Fairfax Realty Premier
Buyer's Agent
Brian Magill
Cummings & Co. Realtors
List Price
$387,900
Sold Price
$372,500
Premium/Discount to List
-$15,400
-3.97%
Views
59
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,947
Avg. Annual Appreciation
-6.00%
Original Mortgage
$277,500
Interest Rate
6.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 12, 2005
Sold by
Legacy Realty Investments
Bought by
Arnoux Anthony M
Purchase Details
Closed on
Apr 1, 2005
Sold by
Legacy Realty Investments
Bought by
Arnoux Anthony M
Purchase Details
Closed on
Feb 5, 2004
Sold by
Thomas John
Bought by
Legacy Realty Investments
Purchase Details
Closed on
Jan 22, 2004
Sold by
Thomas John
Bought by
Legacy Realty Investments and Inc
Purchase Details
Closed on
Feb 14, 1997
Sold by
Western Maryland College
Bought by
Thomas John
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Owens Dominique | $372,500 | None Listed On Document | |
| Owens Dominique | $372,500 | None Listed On Document | |
| Arnoux Anthony M | $40,000 | -- | |
| Arnoux Anthony M | $40,000 | -- | |
| Legacy Realty Investments | $10,900 | -- | |
| Legacy Realty Investments | $10,900 | -- | |
| Thomas John | $9,000 | -- | |
| Western Maryland College | $43,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Owens Dominique | $277,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2024 03/27/24 | Sold | $372,500 | -4.0% | $113 / Sq Ft |
| 02/01/2024 02/01/24 | For Sale | $387,900 | -- | $118 / Sq Ft |
Source: Bright MLS
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 | $603 | $27,333 | -- | -- |
| 2024 | $603 | $25,667 | -- | -- |
| 2023 | $564 | $24,000 | $5,000 | $19,000 |
| 2022 | $505 | $21,400 | $0 | $0 |
| 2021 | $444 | $18,800 | $0 | $0 |
| 2020 | $382 | $16,200 | $3,000 | $13,200 |
| 2019 | $371 | $15,800 | $0 | $0 |
| 2018 | $363 | $15,400 | $0 | $0 |
| 2017 | $354 | $15,000 | $0 | $0 |
| 2016 | $592 | $15,000 | $0 | $0 |
| 2015 | $592 | $15,000 | $0 | $0 |
| 2014 | $592 | $25,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Genevieve Hanson
-
Brian Magill
Buyer's Agent in 2024
Brian Magill
Cummings & Co Realtors
(410) 215-0669
1 in this area
61 Total Sales
Map
Source: Bright MLS
MLS Number: MDBA2112848
APN: 2183C-050A
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