NOT LISTED FOR SALE

Estimated Value: $351,000 - $358,966

Studio
2 Baths
1,500 Sq Ft
$237/Sq Ft Est. Value

Last Sold June 15, 2017

Last sale price $227,500 $152 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,454/month

46 Days on Market

About This Home

As of June 2017

MULTI FAMILY BUILDING IN PATTERSON PARK. 3 one bedroom apartments (currently zoned for 2 units). Each unit renovated with updated kitchen, baths, and separate HVAC units. GREAT LOCATION in area with rapidly rising prices. Close to Johns Hopkins Hospital. Possible parking pad. Ground rent to be verified.

Last Agent to Sell the Property

Ben Middleman

(410) 823-0033 realtor@cummingsrealtors.com Cummings & Co. Realtors Listed on: 03/28/2017

Cummings & Co. Realtors

Last Buyer's Agent

Lindsay Chapman

(240) 383-1350 klrw905@kw.com Keller Williams Capital Properties

Keller Williams Capital Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 1,045

Parking

  • On-Street Parking

Home Design

  • Stucco

Utilities

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

Additional Features

  • Front Basement Entry
  • Ground Rent of $144 per year

Listing and Financial Details

  • Tax Lot 043
  • Assessor Parcel Number 0301141742 043

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Patterson Park Subdivision

Building Details

  • Operating Expense $7,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

1,045 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Ground Rent
  • New Construction: No
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Front Entrance, Fully Finished
  • Price Per Sq Ft: 159.93

Exterior Features

  • Construction Materials: Stucco
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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

Lot Info

  • Property Attached Yn: Yes
  • Zoning: 8
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 144.00
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6006.98
  • Assessor Parcel Number: 0301141742 043
  • Tax Lot: 043
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

Multi Family

  • Gross Income: 30000.00
  • Operating Expense: 7000.00
  • Vacancy Allowance Rate: 100.00

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2017
Closed on
Jun 27, 2017
Sold by
Carderock Enterprises Llc
Bought by
Chapman Michael and Chapman Lindsay
Seller's Agent
Ben Middleman
Cummings & Co. Realtors
Buyer's Agent
Lindsay Chapman
Keller Williams Capital Properties
List Price
$239,900
Sold Price
$227,500
Premium/Discount to List
-$12,400
-5.17%
Current Estimated Value
$354,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,483
Avg. Annual Appreciation
5.27%
Original Mortgage
$170,625
Outstanding Balance
$141,799
Interest Rate
3.9%
Estimated Equity
$213,184

Purchase Details

Closed on
Oct 8, 2014
Sold by
Scudder Matthew and Scudder Michael
Bought by
Carderock Enterprises Llc and Tichi Properties Llc

Purchase Details

Closed on
Jan 13, 2010
Sold by
Gordon Melissa A
Bought by
Scudder Matthew and Scudder Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,421
Interest Rate
4.71%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 9, 2009
Sold by
Diem Robert M
Bought by
Gordon Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,400
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2005
Sold by
Wapinski Zygmunt
Bought by
Diem Robert M and Diem Ruth A
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
Chapman Michael $229,300 --
Carderock Enterprises Llc $133,500 Residential Title & Escrow
Scudder Matthew $308,000 --
Gordon Melissa A $316,000 --
Diem Robert M $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapman Michael $170,625
Closed Chapman Michael --
Previous Owner Scudder Matthew $302,421
Previous Owner Gordon Melissa A $284,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2017 06/15/17 Sold $227,500 -5.2% $152 / Sq Ft
05/13/2017 05/13/17 Pending -- -- --
05/06/2017 05/06/17 For Sale $239,900 +5.5% $160 / Sq Ft
05/06/2017 05/06/17 Off Market $227,500 -- --
05/05/2017 05/05/17 For Sale $239,900 0.0% $160 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $239,900 -- $160 / Sq Ft
Source: Bright MLS

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 $7,511 $330,933 -- --
2024 $7,511 $319,767 -- --
2023 $7,248 $308,600 $80,000 $228,600
2022 $7,101 $300,900 $0 $0
2021 $6,920 $293,200 $0 $0
2020 $6,738 $285,500 $80,000 $205,500
2019 $6,501 $276,767 $0 $0
2018 $6,326 $268,033 $0 $0
2017 $6,119 $259,300 $0 $0
2016 $3,551 $254,533 $0 $0
2015 $3,551 $249,767 $0 $0
2014 $3,551 $262,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001166939

Bright MLS

APN: 1742-043

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