NOT LISTED FOR SALE

Estimated Value: $130,000 - $152,730

-- Bed
2 Baths
1,140 Sq Ft
$124/Sq Ft Est. Value

Last Sold October 20, 2022

Last sale price $111,300 $98 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $965/month

19 Days on Market

Highlights

  • Second Kitchen
  • Porch
  • Heating Available

About This Home

As of October 2022

ONLINE REAL ESTATE AUCTION!! Bidding Opens - Monday, September 12, 2022. Bidding Closes - Tuesday, September 13, 2022 at 11:05 AM. List price is opening bid only. Property is 1 of 3 multifamily properties being offered individually or as an entirety.

2875 Mayfield is a 2 unit home. Unit 1: Occupied by month-to-month tenant paying total of $1,150 per month. Tenant in arrears. Unit 2: Vacant. Previously rented for $950 per month.

Last Agent to Sell the Property

Luis Arrazola

A.J. Billig & Company License #676566 Listed on: 08/18/2022

Co-Listed By

Charles Billig

A.J. Billig & Company

Last Buyer's Agent

Gabe Khoshkheraman

Pickwick Realty License #5002747

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,298

Year Built

  • Built in 1925

Lot Details

  • 1,449 Sq Ft Lot
  • Ground Rent of $60 semi-annually

Home Design

  • Duplex
  • Brick Exterior Construction

Additional Features

  • Second Kitchen
  • Porch
  • Heating Available
  • Basement

Listing and Financial Details

  • Tax Lot 044
  • Assessor Parcel Number 0308244155 044

Community Details

Overview

  • 2 Units
  • Belair Edison Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,298

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Ground Rent
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: ONLINE REAL ESTATE AUCTION!! Bidding Opens - Monday, September 12, 2022. Bidding Closes - Tuesday, September 13, 2022 at 11:05 AM. List price is opening bid only. Property is 1 of 3 multifamily properties being offered individually or as an entirety. 2875 Mayfield is a 2 unit home. Unit 1: Occupied by month-to-month tenant paying total of $1,150 per month. Tenant in arrears. Unit 2: Vacant. Previously rented for $950 per month.
  • Special Features: Auction

Interior Features

  • Interior Amenities: 2nd Kitchen
  • Foundation Details: Other
  • Basement: Yes
  • Total Sq Ft: 1710
  • Living Area Sq Ft: 1140
  • Price Per Sq Ft: 35.09
  • Above Grade Finished Sq Ft: 1140
  • Below Grade Sq Ft: 570
  • Total Below Grade Sq Ft: 570
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2875

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: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 30000.00
  • Land Assessed Value: 25000.00
  • Land Use Code: R
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15'3" x 95'
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1449.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2022
  • Zoning: R-7
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Amt: 60.00
  • Ground Rent Pymnt Freq: Semi-Annually
  • Number Of Units Month To Month: 1
  • Total Actual Rent: 13800.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12931814
  • Tax Annual Amount: 1298.00
  • Assessor Parcel Number: 0308244155 044
  • Tax Lot: 044
  • Tax Total Finished Sq Ft: 1140
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 10/20/2022

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2018
Closed on
Aug 24, 2018
Sold by
2875 Mayfield Ii Llc
Bought by
Goal 15 Llc
Seller's Agent
Matt Cooper
Alex Cooper Auctioneers, Inc.
Buyer's Agent
Matt Cooper
Alex Cooper Auctioneers, Inc.
List Price
$30,000
Sold Price
$81,375
Premium/Discount to List
$51,375
171.25%
Current Estimated Value
$141,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,990
Avg. Annual Appreciation
7.97%
Original Mortgage
$16,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2009
Sold by
Johnson Jayne M
Bought by
2875 Mayfield Avenue Llc

Purchase Details

Closed on
Jun 7, 2005
Sold by
Wm E Nieberlein Wf
Bought by
Johnson Jayne M and Johnson Dean
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
Goal 15 Llc $81,375 Dulaney Title & Escrow Llc
2875 Mayfield Avenue Llc -- --
Johnson Jayne M $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goal 15 Llc $186,200
Previous Owner Goal 15 Llc $16,000
Previous Owner Goal 15 Llc $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2022 10/20/22 Sold $111,300 +178.3% $98 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $40,000 -50.8% $35 / Sq Ft
08/27/2018 08/27/18 Sold $81,375 +171.3% $71 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
06/11/2018 06/11/18 For Sale $30,000 -- $26 / 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 $2,339 $121,900 $25,000 $96,900
2024 $2,339 $99,600 $0 $0
2023 $1,816 $77,300 $0 $0
2022 $1,298 $55,000 $25,000 $30,000
2021 $2,169 $91,900 $0 $0
2020 $2,063 $87,400 $0 $0
2019 $1,947 $82,900 $25,000 $57,900
2018 $1,956 $82,900 $25,000 $57,900
2017 $2,074 $87,900 $0 $0
2016 $2,414 $92,000 $0 $0
2015 $2,414 $92,000 $0 $0
2014 $2,414 $92,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2057418

Bright MLS

APN: 4155-044