NOT LISTED FOR SALE

Estimated Value: $448,763 - $497,000

Studio
4 Baths
2,228 Sq Ft
$212/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $462,500 $208 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,536/month

44 Days on Market

Highlights

  • Second Garage
  • Colonial Architecture
  • Corner Lot
  • Gourmet Kitchen
  • Traditional Floor Plan
  • 3 Garage Spaces | 2 Attached and 1 Detached

About This Home

As of June 2024

Investor's Dream! Multi-Unit Gem near Universities!
Calling all real estate investors! This meticulously renovated 3-unit property boasts a fantastic location within 1 mile of prestigious universities.
Perfect for Students & Young Professionals: A 1-bedroom unit and 2 comfortable 2-bedroom units, all freshly renovated in 2023. Brand new roof ensures peace of mind for years to come.
Unbeatable convenience: steps away from public transportation and close to recreational areas.
No prior tenants since renovation - pristine and move-in ready! Maximize your ROI: All units available for rent, offering immediate income potential. Detached garage provides additional rental income.
Prime location near universities guarantees high tenant demand. This turn-key property is ideal for investors seeking a stable, income-producing asset. There is a 4th one-bedroom unit in the basement.

Last Agent to Sell the Property

John Rawlings

(443) 542-2251 johnmoveshomes@gmail.com Samson Properties License #679690 Listed on: 03/20/2024

Samson Properties

Last Buyer's Agent

Janay Cheek

(202) 386-6330 janay.cheek@compass.com Compass License #0225253450

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,735

Year Built

  • Built in 1928

Lot Details

  • 0.27 Acre Lot
  • Corner Lot
  • Property is in excellent condition

Parking

  • 3 Garage Spaces | 2 Attached and 1 Detached
  • Second Garage
  • Rear-Facing Garage
  • On-Street Parking

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • Traditional Floor Plan
  • Combination Kitchen and Dining Room
  • Luxury Vinyl Plank Tile Flooring
  • Gourmet Kitchen
  • Partially Finished Basement

Outdoor Features

  • Exterior Lighting

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 4 Vacant Units

Listing and Financial Details

  • Tax Lot 006
  • Assessor Parcel Number 0309193965 006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,735

Year Built

Built in 1928

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1928
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Combination Kitchen/Dining, Floor Plan - Traditional, Kitchen - Gourmet
  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 3640
  • Living Area Sq Ft: 2228
  • Price Per Sq Ft: 207.59
  • Above Grade Finished Sq Ft: 2228
  • Below Grade Sq Ft: 1412
  • Total Below Grade Sq Ft: 1412
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: 2nd Garage
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting
  • Roof: Built-Up
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Under Home Parking
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Corner
  • Lot Size Acres: 0.27
  • Lot Dimensions: 83/140
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11620.00
  • Property Condition: Excellent
  • Zoning: R-6
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1735.00
  • Assessor Parcel Number: 0309193965 006
  • Tax Lot: 006
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

Multi Family

  • Number Of Units Vacant: 4

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Jun 20, 2024
Sold by
Jqk Real Estate Llc
Bought by
Asante Arlene
Seller's Agent
John Rawlings
Samson Properties
Buyer's Agent
Janay Cheek
Compass
List Price
$435,000
Sold Price
$462,500
Premium/Discount to List
$27,500
6.32%
Views
78
Current Estimated Value
$472,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,382
Avg. Annual Appreciation
1.41%
Original Mortgage
$370,000
Outstanding Balance
$363,867
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$109,015

Purchase Details

Listed on
Jul 28, 2022
Closed on
Oct 17, 2022
Sold by
Alameda Llc
Bought by
Jqk Real Estate Llc
Seller's Agent
Ellie Mcintire
The KW Collective
Buyer's Agent
John Rawlings
Samson Properties
List Price
$200,000
Sold Price
$200,000
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.15%
Original Mortgage
$238,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2009
Sold by
Cordova Elvis
Bought by
Alameda Llc The

Purchase Details

Closed on
May 18, 2006
Sold by
Fuhrer George
Bought by
Cordova Elvis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
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
Asante Arlene $462,000 Kvs Title
Asante Arlene $462,000 Kvs Title
Jqk Real Estate Llc $200,000 Universal Title
Jqk Real Estate Llc $200,000 Universal Title
Alameda Llc The -- --
Cordova Elvis $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asante Arlene $370,000
Closed Asante Arlene $370,000
Previous Owner Jqk Real Estate Llc $238,000
Previous Owner Cordova Elvis $168,000
Previous Owner Cordova Elvis $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2024 06/24/24 Sold $462,500 0.0% $208 / Sq Ft
05/12/2024 05/12/24 Price Changed $462,500 +15.7% $208 / Sq Ft
03/27/2024 03/27/24 Price Changed $399,900 -8.1% $179 / Sq Ft
03/20/2024 03/20/24 For Sale $435,000 +117.5% $195 / Sq Ft
09/12/2022 09/12/22 Sold $200,000 0.0% $90 / Sq Ft View Prior Sale
08/13/2022 08/13/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $200,000 -- $90 / 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 $898 $432,300 $40,000 $392,300
2024 $898 $76,800 -- --
2023 $1,735 $73,500 $0 $0
2022 $1,657 $70,200 $14,000 $56,200
2021 $1,655 $70,133 $0 $0
2020 $1,654 $70,067 $0 $0
2019 $1,644 $70,000 $14,000 $56,000
2018 $1,652 $70,000 $14,000 $56,000
2017 $1,652 $70,000 $0 $0
2016 $4,470 $70,200 $0 $0
2015 $4,470 $70,200 $0 $0
2014 $4,470 $70,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2118564

Bright MLS

APN: 3965-006