NOT LISTED FOR SALE

Estimated Value: $95,147 - $122,000

2 Beds
1 Bath
858 Sq Ft
$127/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $90,000 $105 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $664/month

13 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 4-minute walk to Ellwood Park

About This Home

As of July 2024

Great Investment Opportunity! Major Employer Johns Hopkins Hospital Has 2 campuses in the immediate area adds to rental demand. Steady Cash Flow, Leased Through Spring 2025, at $1,025/month. Entry level pricing for new investors. Rowhome with a formal living room, dining room, and kitchen on the first floor, with two bedrooms and a full bath upstairs. Downstairs, unfinished basements offer tenants lots of room for storage. The kitchen has wood cabinets, laminate counters, and a 30" gas range. Vinyl replacement windows throughout and certified lead-free, saving money and lead testing time at turnovers. 2931 has a 2017 Rudd gas-fired furnace with central air conditioning. A 40-gallon Rheem (2017) gas-fired water heater serves the building. Interior water supply lines are either steel, copper, or C-PVC; interior drain lines are PVC. Rear yards have concrete pads so tenants can enjoy private outdoor space. Tenants pay all utilities, increasing monthly cash flow. Tenants can easily walk to Patterson Park, one of the city’s most cherished parks, in less than ten minutes. With the growing demand for access to outdoor spaces since the onset of Covid-19, these homes offer ample opportunities for residents to enjoy the outdoors. Just one mile west is The Johns Hopkins Hospital, one of the City’s top employers. The Johns Hopkins Bayview Medical Campus is two miles east. Homes in the immediate area are seeing ARV sales prices in the $250k-$275k range, which can be attractive for someone who wants to earn some cash flow before beginning their next flip. The 2900 block of Pulaski Highway has a WalkScore of 93, earning the title “Walker’s Paradise.”

Last Agent to Sell the Property

Will Cannon

(410) 916-3331 wcannon3@gmail.com Ben Frederick Realty, Inc. Listed on: 05/30/2024

Last Buyer's Agent

Brittney Bushee

(443) 562-8226 brittbushee@gmail.com Corner House Realty License #658090

Corner House Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,103

Year Built

  • Built in 1920

Lot Details

  • 715 Sq Ft Lot
  • Property is in good condition

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Property has 2 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Ellwood Park Subdivision

Listing and Financial Details

  • Tax Lot 156
  • Assessor Parcel Number 0306171713 156

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,103

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Exclusions: Tenant's possessions excluded
  • Inclusions: 1 gas stove; 1 refrigerator
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Great Investment Opportunity! Major Employer Johns Hopkins Hospital Has 2 campuses in the immediate area adds to rental demand. Steady Cash Flow, Leased Through Spring 2025, at $1,025/month. Entry level pricing for new investors. Rowhome with a formal living room, dining room, and kitchen on the first floor, with two bedrooms and a full bath upstairs. Downstairs, unfinished basements offer tenants lots of room for storage. The kitchen has wood cabinets, laminate counters, and a 30" gas range. Vinyl replacement windows throughout and certified lead-free, saving money and lead testing time at turnovers. 2931 has a 2017 Rudd gas-fired furnace with central air conditioning. A 40-gallon Rheem (2017) gas-fired water heater serves the building. Interior water supply lines are either steel, copper, or C-PVC; interior drain lines are PVC. Rear yards have concrete pads so tenants can enjoy private outdoor space. Tenants pay all utilities, increasing monthly cash flow. Tenants can easily walk to Patterson Park, one of the city’s most cherished parks, in less than ten minutes. With the growing demand for access to outdoor spaces since the onset of Covid-19, these homes offer ample opportunities for residents to enjoy the outdoors. Just one mile west is The Johns Hopkins Hospital, one of the City’s top employers. The Johns Hopkins Bayview Medical Campus is two miles east. Homes in the immediate area are seeing ARV sales prices in the $250k-$275k range, which can be attractive for someone who wants to earn some cash flow before beginning their next flip. The 2900 block of Pulaski Highway has a WalkScore of 93, earning the title “Walker’s Paradise.”
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1232
  • Living Area Sq Ft: 858
  • Price Per Sq Ft: 115.38
  • Above Grade Finished Sq Ft: 858
  • Below Grade Sq Ft: 374
  • Total Below Grade Sq Ft: 374
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2931

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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

Schools

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

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 715.00
  • Property Condition: Good
  • Year Assessed: 2024
  • Zoning: R-8
  • Zoning Description: Valid rental license for 1 Dwelling Unit through 1/29/2027
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 12300.00
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1103.00
  • Assessor Parcel Number: 0306171713 156
  • Tax Lot: 156
  • Tax Total Finished Sq Ft: 858
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 07/31/2024

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 31, 2024
Sold by
302 E University Parkway Llc
Bought by
All Pro Investment Properties Llc
Seller's Agent
Will Cannon
Ben Frederick Realty, Inc.
Buyer's Agent
Brittney Bushee
Corner House Realty
List Price
$99,000
Sold Price
$90,000
Premium/Discount to List
-$9,000
-9.09%
Views
49
Current Estimated Value
$108,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,574
Avg. Annual Appreciation
17.56%
Original Mortgage
$128,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2008
Sold by
East Fayette Street
Bought by
302 E University Parkway Llc

Purchase Details

Closed on
Nov 22, 1996
Sold by
Secretary Of The Dept Of
Bought by
East Fayette Street and Community Development

Purchase Details

Closed on
Mar 29, 1996
Sold by
Huey Geraldine P
Bought by
Secretary Of The Dept Of and Housing & Urban
Source: Public Records

Range of Values:

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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
All Pro Investment Properties Llc $90,000 Terrain Title
All Pro Investment Properties Llc $90,000 Terrain Title
302 E University Parkway Llc $100,000 --
East Fayette Street $12,250 --
Secretary Of The Dept Of $39,969 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open All Pro Investment Properties Llc $128,000
Closed All Pro Investment Properties Llc $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $90,000 -9.1% $105 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $99,000 -- $115 / 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 $1,057 $50,000 $30,000 $20,000
2024 $1,057 $45,000 $0 $0
2023 $1,098 $46,733 $0 $0
2022 $826 $35,000 $30,000 $5,000
2021 $1,238 $52,467 $0 $0
2020 $1,032 $43,733 $0 $0
2019 $822 $35,000 $30,000 $5,000
2018 $1,510 $64,000 $0 $0
2017 $1,573 $66,667 $0 $0
2016 $1,315 $62,000 $0 $0
2015 $1,315 $59,500 $0 $0
2014 $1,315 $70,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2127212

Bright MLS

APN: 1713-156