NOT LISTED FOR SALE

3123 Mareco Ave Baltimore, MD 21213

Belair-Edison Neighborhood

Estimated Value: $147,000 - $187,338

-- Bed
2 Baths
1,792 Sq Ft
$93/Sq Ft Est. Value

Last Sold October 15, 2019

Last sale price $87,000 $49 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,069/month

143 Days on Market

Highlights

  • Colonial Architecture
  • Ceiling Fan
  • Hot Water Heating System
  • No HOA

About This Home

As of October 2019

Attention Investors!!Two unit in group row home. Fully rented! Great cash flow!

Last Agent to Sell the Property

Barry House

Gunpowder Realty Listed on: 04/13/2019

Last Buyer's Agent

Jinean L. Carter

Compass License #SP200200946

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,746

Year Built

  • Built in 1926

Lot Details

  • 1,560 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Colonial Architecture

Interior Spaces

  • Ceiling Fan
  • Gas Oven or Range
  • Basement

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 041
  • Assessor Parcel Number 0308254188A041

Community Details

Overview

  • No Home Owners Association

Building Details

  • Income includes apartment rentals
  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,746

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Expected On Market: 2019-04-13
  • Year Built: 1926
  • Remarks Public: Attention Investors!!Two unit in group row home. Fully rented! Great cash flow!
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Room Count: 10
  • Basement: Yes
  • Total Sq Ft: 1792
  • Living Area Sq Ft: 1792
  • Price Per Sq Ft: 77.72
  • Above Grade Finished Sq Ft: 1221
  • Below Grade Finished Sq Ft: 571
  • Total Below Grade Sq Ft: 571
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3123

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Spa: No
  • 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
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: 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: 49000.00
  • Land Assessed Value: 25000.00
  • Land Use Code: 003
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1560.00
  • Year Assessed: 2019
  • Zoning: R-7
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Water
  • Total Actual Rent: 14400.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12932329
  • Tax Annual Amount: 1746.00
  • Assessor Parcel Number: 0308254188A041
  • Tax Lot: 041
  • Tax Total Finished Sq Ft: 1221
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 10/15/2019

Multi Family

  • Gross Scheduled Income: 14400.00
  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2019
Closed on
Oct 15, 2019
Sold by
Schmidt Wesley A
Bought by
Lee Deidre R
Seller's Agent
Barry House
Gunpowder Realty
Buyer's Agent
Jinean L. Carter
Compass
List Price
$94,900
Sold Price
$87,000
Premium/Discount to List
-$7,900
-8.32%
Current Estimated Value
$158,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,814
Avg. Annual Appreciation
11.27%
Original Mortgage
$65,200
Outstanding Balance
$57,495
Interest Rate
3.5%
Estimated Equity
$104,659
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lee Deidre R $87,000 Jacquies Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Deidre R $65,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2019 10/15/19 Sold $87,000 -8.3% $49 / Sq Ft
09/04/2019 09/04/19 Pending -- -- --
04/13/2019 04/13/19 For Sale $94,900 -- $53 / 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 $2,391 $106,800 $25,000 $81,800
2024 $2,391 $101,800 $0 $0
2023 $2,274 $96,800 $0 $0
2022 $2,166 $91,800 $25,000 $66,800
2021 $2,026 $85,867 $0 $0
2020 $1,886 $79,933 $0 $0
2019 $1,738 $74,000 $25,000 $49,000
2018 $1,746 $74,000 $25,000 $49,000
2017 $1,746 $74,000 $0 $0
2016 $2,196 $82,800 $0 $0
2015 $2,196 $82,800 $0 $0
2014 $2,196 $82,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Barry House

    Gunpowder Realty

    Section Image
  • Jinean L. Carter

    Buyer's Agent in 2019

    Jinean L. Carter

    Compass

    (202) 251-1111

    32 Total Sales

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDBA463660

Bright MLS

APN: 4188A-041

Maryland Baltimore City County Baltimore 21213 Belair-Edison

3123 Mareco Ave, Baltimore, MD

This home is located at 3123 Mareco Ave, Baltimore, MD 21213 since 13 April 2019 and is currently estimated at $167,169, approximately $93 per square foot. This property was built in 1926. 3123 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes