NOT LISTED FOR SALE

3001 Oakley Ave Baltimore, MD 21215

Central Park Heights Neighborhood

Estimated Value: $179,207 - $186,000

-- Bed
2 Baths
132 Sq Ft
$1,389/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $180,000 $1,364 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,097/month

9 Days on Market

Highlights

  • Dwelling with Rental
  • Carpet
  • Radiator
  • Property is in very good condition

About This Home

As of July 2024

Living in one unit and renting out the other can be a smart financial move, especially in areas like Central Park Heights that are experiencing growth. It allows you to offset your mortgage or other housing expenses with rental income, potentially making homeownership more affordable. Of course, being a landlord comes with responsibilities, such as maintaining the property, finding tenants, and handling any issues that may arise. But if you're willing to take on those responsibilities, renting out one unit while living in the other can be a great way to build wealth and make the most of your investment in Central Park Heights. Unit 1 has 1 BR & 1 BA and is currently occupied renting at $900/month. Unit 2 has 3BR & 1 BA and is currently unoccupied and will command minimally $1,200/month totaling a minimum of $2,100/month if both units are rented. Current tenant conveys through October 2024.

Last Agent to Sell the Property

Bob Simon

Long & Foster Real Estate, Inc. License #590634 Listed on: 05/06/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

D.D. Yates

DDYatesInvestments License #647254

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $771

Year Built

  • Built in 1925

Lot Details

  • 2,178 Sq Ft Lot
  • Ground Rent of $180 semi-annually
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Dwelling with Rental
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 132 Sq Ft Home
  • Carpet
  • Gas Oven or Range

Utilities

  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 081
  • Assessor Parcel Number 0327194616 081

Community Details

Overview

  • 2 Units
  • Central Park Heights Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$771

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Dwelling With Rental
  • Ownership: Ground Rent
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: Living in one unit and renting out the other can be a smart financial move, especially in areas like Central Park Heights that are experiencing growth. It allows you to offset your mortgage or other housing expenses with rental income, potentially making homeownership more affordable. Of course, being a landlord comes with responsibilities, such as maintaining the property, finding tenants, and handling any issues that may arise. But if you're willing to take on those responsibilities, renting out one unit while living in the other can be a great way to build wealth and make the most of your investment in Central Park Heights. Unit 1 has 1 BR & 1 BA and is currently occupied renting at $900/month. Unit 2 has 3BR & 1 BA and is currently unoccupied and will command minimally $1,200/month totaling a minimum of $2,100/month if both units are rented. Current tenant conveys through October 2024.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Interior Amenities: Carpet
  • Fireplace: No
  • Foundation Details: Block
  • Room Count: 6
  • Total Sq Ft: 132
  • Below Grade Sq Ft: 132
  • Total Below Grade Sq Ft: 132
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3001

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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • 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

  • Association Recreation Fee: 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: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Property Condition: Very Good
  • Year Assessed: 2024
  • Zoning: R-6
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 180.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Semi-Annually
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 771.00
  • Assessor Parcel Number: 0327194616 081
  • Tax Lot: 081
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 07/09/2024

Multi Family

  • Number Of Units Vacant: 1
  • Income Expense List: Annual Ground Rent
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2022
Sold by
Bernarda Investment Llc
Bought by
Maryland Home Investments One Llc
Current Estimated Value
$188,131

Purchase Details

Closed on
Sep 9, 2021
Sold by
Bruck Mershilem Z
Bought by
Bernarda Investment Llc

Purchase Details

Closed on
Oct 26, 2018
Sold by
Waz Brothers Llc
Bought by
Bruck Meshilem Z

Purchase Details

Closed on
Oct 10, 2018
Sold by
Mcknight Clifton A and Mcknight Michele M
Bought by
Waz Brothers Llc

Purchase Details

Closed on
May 26, 2004
Sold by
Dackman Company
Bought by
Mcknight Clifton A and Mcknight Michele M
Source: Public Records

Range of Values:

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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
Maryland Home Investments One Llc $94,000 Castle Title
Bernarda Investment Llc $90,000 Castle Title Llc
Bruck Meshilem Z $6,000 None Available
Waz Brothers Llc $6,000 None Available
Mcknight Clifton A $34,650 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erickson Acquanetta Ruth $206,097
Closed 3917 Rokeby Rd Llc $770,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $180,000 0.0% $1,364 / Sq Ft
06/21/2024 06/21/24 Off Market $180,000 -- --
05/15/2024 05/15/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $180,000 -- $1,364 / 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 $799 $89,333 -- --
2024 $799 $34,000 $7,000 $27,000
2023 $771 $32,667 $0 $0
2022 $739 $31,333 $0 $0
2021 $708 $30,000 $7,000 $23,000
2020 $590 $25,000 $0 $0
2019 $470 $20,000 $0 $0
2018 $354 $15,000 $3,000 $12,000
2017 $354 $15,000 $0 $0
2016 $355 $15,000 $0 $0
2015 $355 $15,000 $0 $0
2014 $355 $15,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bob Simon

    Seller's Agent in 2024

    Bob Simon

    Long & Foster

    (410) 812-6936

    4 in this area

    393 Total Sales

    Section Image
  • D.D. Yates

    Buyer's Agent in 2024

    D.D. Yates

    DDYatesInvestments

    (202) 851-8479

    1 in this area

    22 Total Sales

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Map

Source: Bright MLS

MLS Number: MDBA2124154

Bright MLS

APN: 4616-081

Maryland Baltimore City County Baltimore 21215 Central Park Heights

3001 Oakley Ave, Baltimore, MD

This home is located at 3001 Oakley Ave, Baltimore, MD 21215 since 06 May 2024 and is currently estimated at $183,402, approximately $1,389 per square foot. This property was built in 1925. 3001 Oakley Ave is a home located in Baltimore City with nearby schools including Pimlico Elementary School, Booker T. Washington Middle School, and Forest Park High School.

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