NOT LISTED FOR SALE

3108 Mareco Ave Baltimore, MD 21213

Belair-Edison Neighborhood

Estimated Value: $66,000 - $109,221

3 Beds
1 Bath
1,221 Sq Ft
$72/Sq Ft Est. Value

Last Sold May 27, 2020

Last sale price $39,900 $33 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $531/month

22 Days on Market

Highlights

  • Craftsman Architecture
  • No HOA
  • Heating System Uses Natural Gas

About This Home

As of May 2020

Solid, all brick, two-story Porch front townhome in Belair Edison. Just one block from the Belair Edison business district. Easy access to downtown. 3 blocks to the golf course. Affordable and convenient. This is your opportunity to build some sweat equity and save a bundle by buying instead of renting. Mortgage rates are at an all-time low. Build your upgrade and renovation costs into your loan and save. This property would be a great deal for the investor who wants to buy and hold, or rehab and flip.

Last Agent to Sell the Property

J.D. DiGirolamo

Berkshire Hathaway HomeServices Homesale Realty License #518086 Listed on: 03/05/2020

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

J.D. DiGirolamo

Berkshire Hathaway HomeServices Homesale Realty License #518086 Listed on: 03/05/2020

Berkshire Hathaway HomeServices Homesale Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1928

Lot Details

  • 1,742 Sq Ft Lot
  • Ground Rent of $120 expires in 99 years

Parking

  • On-Street Parking

Home Design

  • Craftsman Architecture
  • Plaster Walls
  • Composition Roof

Interior Spaces

  • 1,221 Sq Ft Home
  • Property has 3 Levels
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Natural Gas
  • Public Septic

Community Details

  • No Home Owners Association
  • Belair Edison Subdivision

Listing and Financial Details

  • Tax Lot 035
  • Assessor Parcel Number 0308254188 035

Townhouse Details

Home Type

Townhome

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Craftsman
  • Ownership: Ground Rent
  • Home Warranty: No
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1928
  • Remarks Public: Solid, all brick, two-story Porch front townhome in Belair Edison. Just one block from the Belair Edison business district. Easy access to downtown. 3 blocks to the golf course. Affordable and convenient. This is your opportunity to build some sweat equity and save a bundle by buying instead of renting. Mortgage rates are at an all-time low. Build your upgrade and renovation costs into your loan and save. This property would be a great deal for the investor who wants to buy and hold, or rehab and flip.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Wall Ceiling Types: Plaster Walls
  • Levels Count: 3+
  • Basement: Yes
  • Total Sq Ft: 1221
  • Living Area Sq Ft: 1221
  • Price Per Sq Ft: 40.13
  • Above Grade Finished Sq Ft: 1221
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3108

Beds/Baths

  • Bedrooms: 3
  • 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
  • Roof: Composite
  • 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
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas Available
  • Heating: Yes
  • Sewer/Septic System: Public Septic
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 48300.00
  • Land Assessed Value: 25000.00
  • Land Use Code: 003
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.40
  • Year Assessed: 2019
  • Zoning: R-7
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 120.00
  • Ground Rent Pymnt Freq: Semi-Annually
  • Ground Rent Years Remaining: 99
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12932277
  • Tax Annual Amount: 1729.00
  • Assessor Parcel Number: 0308254188 035
  • Tax Lot: 035
  • Tax Total Finished Sq Ft: 1221
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 05/27/2020

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2023
Sold by
3108 Mareco Ave Llc
Bought by
Cig Ten Llc
Current Estimated Value
$84,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$927,300
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2020
Closed on
May 27, 2020
Sold by
Chesapeake Investments Group Llc
Bought by
3108 Mareco Ave Llc
Seller's Agent
J.D. DiGirolamo
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
J.D. DiGirolamo
Berkshire Hathaway HomeServices Homesale Realty
List Price
$59,000
Sold Price
$39,900
Premium/Discount to List
-$19,100
-32.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.06%

Purchase Details

Listed on
Mar 5, 2020
Closed on
May 19, 2020
Sold by
M & T Bank
Bought by
Chesapeake Investment Group Llc
Seller's Agent
J.D. DiGirolamo
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
J.D. DiGirolamo
Berkshire Hathaway HomeServices Homesale Realty
List Price
$59,000
Sold Price
$39,900
Premium/Discount to List
-$19,100
-32.37%

Purchase Details

Closed on
Feb 17, 2020
Sold by
Lane Michael
Bought by
M & T Bank

Purchase Details

Closed on
Jun 26, 1992
Sold by
Frese Mary P
Bought by
Lane Michael
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
Cig Ten Llc -- Clear Title Group
3108 Mareco Ave Llc -- Clear Title Group Llc
Chesapeake Investment Group Llc $19,300 Clear Title Group
M & T Bank $64,125 None Available
Lane Michael $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cig Ten Llc $927,300
Previous Owner 3108 Mareco Ave Llc $95,000
Previous Owner Lane Michael $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2020 05/27/20 Sold $39,900 -18.6% $33 / Sq Ft
03/27/2020 03/27/20 Pending -- -- --
03/27/2020 03/27/20 Price Changed $49,000 -16.9% $40 / Sq Ft
03/05/2020 03/05/20 For Sale $59,000 -- $48 / 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 $792 $34,300 $25,000 $9,300
2024 $792 $33,733 $0 $0
2023 $783 $33,167 $0 $0
2022 $769 $32,600 $25,000 $7,600
2021 $769 $32,600 $25,000 $7,600
2020 $1,950 $82,633 $0 $0
2019 $1,722 $73,300 $25,000 $48,300
2018 $1,730 $73,300 $25,000 $48,300
2017 $1,730 $73,300 $0 $0
2016 $1,530 $82,600 $0 $0
2015 $1,530 $79,100 $0 $0
2014 $1,530 $75,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    J.D. DiGirolamo

    Berkshire Hathaway HomeServices Homesale Realty

    (443) 506-2598

    43 Total Sales

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Map

Source: Bright MLS

MLS Number: MDBA503006

Bright MLS

APN: 4188-035

Maryland Baltimore City County Baltimore 21213 Belair-Edison

3108 Mareco Ave, Baltimore, MD

This home is located at 3108 Mareco Ave, Baltimore, MD 21213 since 05 March 2020 and is currently estimated at $87,611, approximately $71 per square foot. This property was built in 1928. 3108 Mareco Ave is a home located in Baltimore City with nearby schools including Booker T. Washington Middle School, Paul Laurence Dunbar Community High School, and Patterson High School.

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