NOT LISTED FOR SALE

2934 Yorkway Dundalk, MD 21222

Estimated Value: $199,000 - $234,999

-- Bed
3 Baths
1,516 Sq Ft
$146/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $200,000 $132 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,479/month

10 Days on Market

Highlights

  • Colonial Architecture
  • Electric Baseboard Heater
  • Walk-Up Access
  • Ceramic Tile Flooring
  • Property is in very good condition

About This Home

As of April 2023

The numbers speak for themselves$$ Investors can add this property to their rental portfolio and begin making positive cash flow the first month! All three units are leased and rents are current for each unit. Building is professionally managed. Each unit has a rental license and the building is Lead Free certified with the MDE. Currently leasing each unit for $850/month with lease ending 11/30/23 and $950/month with lease ending 12/31/23 and $775/month with lease ending 12/31/23. Shared Laundry Room access for all 3 units to utilize the one washer and one dryer provided for tenant use and convenience. Parking Lot in the rear for tenants. Street parking also available. Owner pays all utilities and maintains yard areas. 1 electric meter and 1 gas meter at the building. Notice is required to access the units. Property Management Agent and/or Listing Agent must be present to allow access to any prospective buyers and their agents. Please do not contact the tenants directly or disturb them while property is being marketed. Owner is selling this property AS IS. Expenses for 2022 utilities are included in the MLS listing. Don't delay because this investor opportunity will not be around long.

Last Agent to Sell the Property

Tonya lurz

(410) 905-4353 tonyalurz.realtor@gmail.com Douglas Realty, LLC License #645132 Listed on: 03/21/2023

Douglas Realty, LLC

Last Buyer's Agent

Buddy Redmer

(443) 506-4779 buddyredmer@gmail.com Keller Williams Gateway LLC License #634986

Keller Williams Gateway LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,770

Year Built

  • Built in 1949

Lot Details

  • 2,280 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Combination Foundation
  • Block Foundation
  • Plaster Walls
  • Built-Up Roof
  • Asphalt Roof

Flooring

  • Laminate
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Up Access
  • Rear Basement Entry

Parking

  • On-Street Parking
  • Parking Lot
  • Off-Site Parking

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for all utilities
  • Tax Lot 18
  • Assessor Parcel Number 04121212022880

Community Details

Overview

  • 3 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Net Operating Income $22,154

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,770

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2023-03-22
  • Year Built: 1949
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: The numbers speak for themselves$$ Investors can add this property to their rental portfolio and begin making positive cash flow the first month! All three units are leased and rents are current for each unit. Building is professionally managed. Each unit has a rental license and the building is Lead Free certified with the MDE. Currently leasing each unit for $850/month with lease ending 11/30/23 and $950/month with lease ending 12/31/23 and $775/month with lease ending 12/31/23. Shared Laundry Room access for all 3 units to utilize the one washer and one dryer provided for tenant use and convenience. Parking Lot in the rear for tenants. Street parking also available. Owner pays all utilities and maintains yard areas. 1 electric meter and 1 gas meter at the building. Notice is required to access the units. Property Management Agent and/or Listing Agent must be present to allow access to any prospective buyers and their agents. Please do not contact the tenants directly or disturb them while property is being marketed. Owner is selling this property AS IS. Expenses for 2022 utilities are included in the MLS listing. Don't delay because this investor opportunity will not be around long.
  • Special Features: None

Interior Features

  • Appliances: Washer, Dryer
  • Flooring Type: Ceramic Tile, Laminated
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Fully Finished, Walkout Stairs, Rear Entrance, Combination
  • Total Sq Ft: 1881
  • Living Area Sq Ft: 1516
  • Price Per Sq Ft: 179.43
  • Above Grade Finished Sq Ft: 1254
  • Below Grade Finished Sq Ft: 262
  • Below Grade Sq Ft: 365
  • Total Below Grade Sq Ft: 627
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2934

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Asphalt, Built-Up
  • Spa: No
  • 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, Off Site, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Monthly Average Electric: 145
  • Previous Twelve Months Electric Expense: 1741.93
  • Electric Service: 100 Amp Service
  • Gas Avg Month: 145.16
  • Gas Prev12 Months: 1741.93
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Monthly Water Average: 42
  • Water Previous Twelve Months: 503.96
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: BALTIMORE COUNTY PUBLIC SCHOOLS
  • School District Key: 121140087473
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 86500.00
  • Land Assessed Value: 24000.00
  • Land Use Code: R
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2280.00
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: All Utilities
  • Rent Control: No
  • Total Actual Rent: 30900.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11850253
  • Tax Annual Amount: 4770.00
  • Assessor Parcel Number: 04121212022880
  • Tax Lot: 18
  • Tax Total Finished Sq Ft: 1516
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/27/2023

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: BALTIMORE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2019
Sold by
Lannon Stephen J
Bought by
Puleo Joseph
Current Estimated Value
$221,250

Purchase Details

Closed on
Aug 10, 2006
Sold by
Tina Jerome P
Bought by
Lannon Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
6.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 17, 2006
Sold by
Tina Jerome P
Bought by
Lannon Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
6.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 5, 2006
Sold by
Tina Jerome P
Bought by
Lannon Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
6.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 20, 2004
Sold by
2934 Yorkway Llc
Bought by
Tina Jerome P and Tina Barbara Ann

Purchase Details

Closed on
Jun 13, 2000
Sold by
The Secretary Of Housing
Bought by
2934 Yorkway Llc

Purchase Details

Closed on
Apr 5, 1999
Sold by
Frazier Joseph Norman
Bought by
The Secretary Of Housing and Urban Development

Purchase Details

Closed on
Jun 5, 1995
Sold by
Cherry Duane W
Bought by
Frazier Joseph N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,750
Interest Rate
8.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Puleo Joseph $72,500 Definitive Title Llc
Lannon Stephen J $132,000 --
Lannon Stephen J $132,000 --
Lannon Stephen J $132,000 --
Tina Jerome P $74,900 --
Tina Jerome P $74,900 --
2934 Yorkway Llc $30,800 --
The Secretary Of Housing $70,000 --
Frazier Joseph N $68,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lannon Stephen J $105,600
Previous Owner Lannon Stephen J $105,600
Previous Owner Frazier Joseph N $68,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2023 04/27/23 Sold $200,000 -11.1% $132 / Sq Ft
03/21/2023 03/21/23 For Sale $225,000 -- $148 / 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 $3,628 $165,167 -- --
2024 $3,628 $137,833 $0 $0
2023 $3,519 $110,500 $24,000 $86,500
2022 $4,758 $109,000 $0 $0
2021 $866 $107,500 $0 $0
2020 $1,797 $106,000 $24,000 $82,000
2019 $1,285 $106,000 $24,000 $82,000
2018 $1,985 $106,000 $24,000 $82,000
2017 $1,989 $108,000 $0 $0
2016 $2,403 $107,000 $0 $0
2015 $2,403 $106,000 $0 $0
2014 $2,403 $105,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBC2062668

Bright MLS

APN: 12-1212022880