$295,000
SOLD JAN 28, 2022
-- Bed
-- Bath
3,660 Sq Ft
1,120 Sq Ft Lot

Recently Sold

$81 Per Sq Ft

2% Above List Price

144 Days on Market

Highlights

  • Open Floorplan
  • 4-minute walk to Lexington Market
  • Eat-In Kitchen
  • Federal Architecture
  • No HOA
  • 4-minute walk to St Mary's Park

About This Home

As of November 2023

Out of State owner must sell - Liquidating Local Portfolio! **Investor Alert** Simply Add Tenants - get the cash flowing! Awesome Investment Townhome with three updated 1 bedroom units. All three Units have new laminate flooring, large bedrooms and updated spacious kitchens and baths. Freshly painted throughout. These units are well maintained and move-in ready. Each unit is around 900 sqft. This is a great opportunity to build your investment portfolio. Early 2021 Units were Rented for $850 (unit1) $925 (unit2) $950 (unit3) – rents were LOWER than going market values. Rental Prices in Area Could Easily Be GREATER. > Separate electric meters. Tenants pays own electric. Owner receives water bill (cover or divvy up – about 150/m with full occupancy). Walkable distance to Lexington market (transforming underway), Bus stops, Metro transit, University of Maryland and Mercy Medical Center. Close to Inner Harbor, Camden yards, M&T Stadium, 395, 695 and route 40. This is an awesome location. Get first access to investment deals like this by getting on our list. Call for details. Have a Home to Sell? Buy this Home and We Will Buy Yours for Cash!* Schedule a Tour Today!

Last Agent to Sell the Property

Dimitrios Lynch

ExecuHome Realty License #621538 Listed on: 08/17/2021

Last Buyer's Agent

Mica English

Cummings & Co. Realtors License #680182

Cummings & Co. Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,950

Year Built

  • Built in 1910

Lot Details

  • 1,120 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Federal Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Replacement Windows

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Range Hood

Flooring

  • Laminate
  • Ceramic Tile

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for water, real estate taxes, repairs, management, insurance
  • Tax Lot 024
  • Assessor Parcel Number 0304030575 024

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3-Story Building

Building Details

  • 2 Vacant Units
  • Income includes apartment rentals
  • Insurance Expense $1,261
  • Gross Income $39,600
  • Net Operating Income $35,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,950

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • Inclusions: Above inclusions represent what is present in each of the units
  • New Construction: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Remarks Public: Out of State owner must sell - Liquidating Local Portfolio! **Investor Alert** Simply Add Tenants - get the cash flowing! Awesome Investment Townhome with three updated 1 bedroom units. All three Units have new laminate flooring, large bedrooms and updated spacious kitchens and baths. Freshly painted throughout. These units are well maintained and move-in ready. Each unit is around 900 sqft. This is a great opportunity to build your investment portfolio. Early 2021 Units were Rented for $850 (unit1) $925 (unit2) $950 (unit3) – rents were LOWER than going market values. Rental Prices in Area Could Easily Be GREATER. <<***RENT UPDATE: Unit 1 has just been leased out for $1,100/m***>> Separate electric meters. Tenants pays own electric. Owner receives water bill (cover or divvy up – about 150/m with full occupancy). Walkable distance to Lexington market (transforming underway), Bus stops, Metro transit, University of Maryland and Mercy Medical Center. Close to Inner Harbor, Camden yards, M&T Stadium, 395, 695 and route 40. This is an awesome location. Get first access to investment deals like this by getting on our list. Call for details. Have a Home to Sell? Buy this Home and We Will Buy Yours for Cash!* Schedule a Tour Today!
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Range Hood
  • Flooring Type: Laminated, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Floor Plan - Open, Kitchen - Eat-In, Kitchen - Table Space
  • Window Features: Replacement
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Unfinished
  • Total Sq Ft: 3660
  • Living Area Sq Ft: 3660
  • Price Per Sq Ft: 104.71
  • Above Grade Finished Sq Ft: 2760
  • Below Grade Finished Sq Ft: 900
  • Total Below Grade Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 322

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Rubber, Flat
  • 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
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 180
  • Water Previous Twelve Months: 2160.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 003
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1120.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: C-5DC
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Water, Taxes - Real Estate, Repairs, Management, Insurance
  • Rent Control: No
  • Total Actual Rent: 13200.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2950.00
  • Assessor Parcel Number: 0304030575 024
  • Tax Lot: 024
  • Tax Total Finished Sq Ft: 2760
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 01/28/2022

Multi Family

  • Number Of Units Vacant: 2
  • Gross Income: 13200.00
  • Gross Scheduled Income: 39600.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Nov 29, 2023
Sold by
Merge Llc
Bought by
Thompson-Boulware Phillip
Seller's Agent
Mica English
Cummings & Co. Realtors
Buyer's Agent
Canzada Colden
Samson Properties
List Price
$330,000
Sold Price
$335,000
Premium/Discount to List
$5,000
1.52%
Views
103
Current Estimated Value
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,000
Avg. Annual Appreciation
-10.96%
Original Mortgage
$328,932
Interest Rate
6.62%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 2, 2023
Sold by
Hatcher Seante
Bought by
Merge Llc

Purchase Details

Listed on
Dec 14, 2019
Closed on
Feb 21, 2020
Sold by
Trehan Sunita
Bought by
Agarwal Vijay and Agarwal Eena
Seller's Agent
Dimitrios Lynch
ExecuHome Realty
Buyer's Agent
Kevin Richards
Smart Realty, LLC
List Price
$249,000
Sold Price
$225,000
Premium/Discount to List
-$24,000
-9.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%
Original Mortgage
$168,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2006
Sold by
272 Jackson Park Rd Llc
Bought by
Trehan Sunita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,200
Interest Rate
7.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 15, 2005
Sold by
Wachovia Bank Of Delaware
Bought by
272 Jackson Park Rd Llc

Purchase Details

Closed on
Dec 28, 2004
Sold by
Dorsey David
Bought by
Wachovia Bank Of Delaware and National Association

Purchase Details

Closed on
Aug 26, 2002
Sold by
Hines Dante
Bought by
Dorsey David

Purchase Details

Closed on
Jun 29, 2000
Sold by
First National Bank Of
Bought by
Hines Dante

Purchase Details

Closed on
Jan 27, 1999
Sold by
Ogonowski Edmund W
Bought by
Ogonowski Edmund W

Purchase Details

Closed on
Dec 17, 1997
Sold by
Eldorado Enterprises Inc
Bought by
Ogonowski Edmund W
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $335,000 Cardinal Title
Deed -- --
Deed $225,000 Community Title Network Llc
Deed $274,000 --
Deed $100,500 --
Deed $110,000 --
Deed $102,000 --
Deed $120,000 --
Deed $52,000 --
Deed $147,362 --
Deed $175,000 --
Deed $92,571 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $328,932 FHA
Previous Owner $168,750 New Conventional
Previous Owner $219,200 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2023 11/23/23 Sold $335,000 +1.5% $121 / Sq Ft
10/16/2023 10/16/23 For Sale $330,000 +11.9% $120 / Sq Ft
01/28/2022 01/28/22 Sold $295,000 +2.1% $81 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
12/22/2021 12/22/21 For Sale $289,000 -2.0% $79 / Sq Ft
12/13/2021 12/13/21 Off Market $295,000 -- --
12/07/2021 12/07/21 Pending -- -- --
11/23/2021 11/23/21 Price Changed $289,000 0.0% $79 / Sq Ft
11/23/2021 11/23/21 For Sale $289,000 -2.0% $79 / Sq Ft
11/03/2021 11/03/21 Off Market $295,000 -- --
11/02/2021 11/02/21 For Sale $309,000 0.0% $84 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $309,000 +4.7% $84 / Sq Ft
08/31/2021 08/31/21 Off Market $295,000 -- --
08/17/2021 08/17/21 For Sale $309,000 +37.3% $84 / Sq Ft
02/21/2020 02/21/20 Sold $225,000 -9.6% $82 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
12/14/2019 12/14/19 For Sale $249,000 -- $90 / 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 $4,698 $329,167 -- --
2024 $4,698 $200,000 $40,000 $160,000
2023 $4,130 $175,000 $0 $0
2022 $3,540 $150,000 $0 $0
2021 $2,950 $125,000 $30,000 $95,000
2020 $2,753 $116,667 $0 $0
2019 $2,544 $108,333 $0 $0
2018 $2,360 $100,000 $25,000 $75,000
2017 $2,360 $100,000 $0 $0
2016 $2,369 $100,000 $0 $0
2015 $2,369 $100,000 $0 $0
2014 $2,369 $100,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2007828

Bright MLS

APN: 0575-024