NOT LISTED FOR SALE

302 E Patapsco Ave Brooklyn, MD 21225

Estimated Value: $159,594 - $179,000

5 Beds
2 Baths
2,625 Sq Ft
$64/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $135,000 $51 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,023/month

24 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Heating System Uses Steam
  • No HOA
  • Parking Storage or Cabinetry
  • 2-minute walk to Garrett Park

About This Home

As of January 2021

INVESTORS This Multi Unit property has great cash flow. Units are currently rented at $1575/mo ($945 1st Floor and $630 2nd /3rd Floor).  Keep these great renters and make a monthly cash flow of  $500-$800. * Renters would request a few repairs to renew lease.   Rental Investment: Buy $145,000 Rent $1650/mo Just make cash baby! $500-$800 Cash Flow Per Month!* Purchase and Rehab: BUY:  $145,000 Rehab Estimation:  $49,000 ARV: $295,000 1st Floor: 3 Bedrooms and 1 Bath Full Unfinished Clean Basement with Bedroom 2nd Floor: 2 Bedroom and 1 Bath Seperate Side Entrance Exterior: 2 Car Garage New Gutters Electric Seperate for each unit Buyer pays all closing. Seller prefers settlement to occur with Liberty Title. Agents please deal with first showing contact only. Special forms and assignment required. Highest and best offers taken. Commission not paid to agent representing themselves. Please make sure you obey all Covid Laws and only 2 people in your party.

Last Agent to Sell the Property

Philip Palmisano

(443) 891-3800 jaypalmisano5963@gmail.com Witz Realty, LLC Listed on: 10/27/2020

Last Buyer's Agent

Aura Romero

(703) 775-2333 successrealestate@outlook.com Excelsior Real Estate LLC License #620471

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $944

Year Built

  • Built in 1940

Lot Details

  • Property is zoned C-2

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Rear-Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Traditional Architecture

Interior Spaces

  • 2,625 Sq Ft Home
  • Property has 2.5 Levels
  • Partially Finished Basement

Bedrooms and Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 008
  • Assessor Parcel Number 0325067068A008

Home Details

Home Type

Single Family

Est. Annual Taxes

$944

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2.5
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 2625
  • Living Area Sq Ft: 2625
  • Price Per Sq Ft: 51.43
  • Above Grade Finished Sq Ft: 2625
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, On Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Steam
  • 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 31000.00
  • Land Assessed Value: 9000.00
  • Lot Size Units: Square Feet
  • Zoning: C-2
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13044925
  • Tax Annual Amount: 944.00
  • Assessor Parcel Number: 0325067068A008
  • Tax Lot: 008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2020
Closed on
Jan 15, 2021
Sold by
302 Patapsco Llc
Bought by
L M L S Llc
Seller's Agent
Philip Palmisano
Witz Realty, LLC
Buyer's Agent
Aura Romero
Excelsior Real Estate LLC
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%
Current Estimated Value
$169,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,297
Avg. Annual Appreciation
4.65%

Purchase Details

Closed on
Sep 14, 2012
Sold by
Smith Douglas R
Bought by
302 Patapsco Llc

Purchase Details

Closed on
Aug 24, 1990
Sold by
Philip W Keister
Bought by
Smith Douglas R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
L M L S Llc $129,000 Liberty Title & Escrow Co
302 Patapsco Llc $98,000 Universal Title
Smith Douglas R $85,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2021 01/15/21 Sold $135,000 0.0% $51 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
11/09/2020 11/09/20 Price Changed $135,000 -6.9% $51 / Sq Ft
10/27/2020 10/27/20 For Sale $145,000 -- $55 / 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 $1,668 $98,000 -- --
2024 $1,668 $71,000 $0 $0
2023 $1,038 $44,000 $9,000 $35,000
2022 $1,007 $42,667 $0 $0
2021 $975 $41,333 $0 $0
2020 $944 $40,000 $9,000 $31,000
2019 $940 $40,000 $9,000 $31,000
2018 $944 $40,000 $9,000 $31,000
2017 $1,890 $80,100 $0 $0
2016 $3,553 $80,100 $0 $0
2015 $3,553 $80,100 $0 $0
2014 $3,553 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA529346

Bright MLS

APN: 7068A-008