NOT LISTED FOR SALE

Estimated Value: $713,142 - $786,000

Studio
3 Baths
3,348 Sq Ft
$224/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $303,000 $91 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $4,647/month

13 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 2-minute walk to Melvin Street Tot Lot
  • Cooling System Utilizes Natural Gas

About This Home

As of March 2018

"Estate Sale - Final and Best Offers by Sat. 1/13 @ 2PM". Multi unit building in amazing Ridgely's Delight w/ two 2 BR rowhomes & one 3 BR rowhome - with rents totaling up to $3900/month. Close to UMMC, stadiums & mins. from the Inner Harbor. Metered separately, W/D shared by three units; sold as is, could use some updating, but very livable. Operating Exp. estimated.

Last Agent to Sell the Property

Danielle Rush

(410) 812-7674 d.rush@belrushgroup.com Next Step Realty License #69328 Listed on: 01/04/2018

Next Step Realty

Co-Listed By

Maryann Rush

(443) 791-0800 m.rush@belrushgroup.com Belrush Realty License #72177

Last Buyer's Agent

Tim Kenney

(410) 823-0033 offers@timkenneygroup.com Cummings & Co. Realtors

Cummings & Co. Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 1,830

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Public Septic

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tax Lot 088
  • Assessor Parcel Number 0322040685A088

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Ridgely's Delight Subdivision

Building Details

  • Operating Expense $14,993
  • Net Operating Income $31,807

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2018-01-04
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Unfinished
  • Price Per Sq Ft: 80.65

Exterior Features

  • Construction Materials: Combination, 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: Yes
  • Cooling Fuel: Natural Gas
  • 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 Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 309800.00
  • Land Assessed Value: 60000.00
  • Zoning: R-9
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13022892
  • Tax Annual Amount: 8727.28
  • Assessor Parcel Number: 0322040685A088
  • Tax Lot: 088
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Gross Income: 46800.00
  • Operating Expense: 14993.10

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2018
Closed on
Mar 30, 2018
Sold by
Batoff Steven I and The John L Due Second Amended
Bought by
Monroe Hun W and Monroe Rachel K
Seller's Agent
Danielle Rush
Next Step Realty
Buyer's Agent
Tim Kenney
Cummings & Co. Realtors
List Price
$270,000
Sold Price
$303,000
Premium/Discount to List
$33,000
12.22%
Current Estimated Value
$749,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,571
Avg. Annual Appreciation
12.31%
Original Mortgage
$322,500
Outstanding Balance
$264,161
Interest Rate
4.43%
Mortgage Type
Commercial
Estimated Equity
$485,410

Purchase Details

Closed on
Nov 26, 2008
Sold by
312 Emory Street Partnership
Bought by
Due John L

Purchase Details

Closed on
Sep 5, 2008
Sold by
312 Emory Street Partnership
Bought by
Due John L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Monroe Hun W $303,000 Lawyers Express Title Llc
Due John L -- --
Due John L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monroe Hun W $322,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $303,000 +12.2% $91 / Sq Ft
01/18/2018 01/18/18 Pending -- -- --
01/04/2018 01/04/18 For Sale $270,000 -- $81 / 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 $8,733 $549,533 -- --
2024 $8,733 $371,800 -- --
2023 $6,826 $290,600 $60,000 $230,600
2022 $6,858 $290,600 $60,000 $230,600
2021 $6,858 $290,600 $60,000 $230,600
2020 $7,937 $336,300 $60,000 $276,300
2019 $7,899 $336,300 $60,000 $276,300
2018 $7,937 $336,300 $60,000 $276,300
2017 $8,727 $369,800 $0 $0
2016 -- $332,433 $0 $0
2015 $6,145 $295,067 $0 $0
2014 $6,145 $257,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004392785

Bright MLS

APN: 0685A-088