NOT LISTED FOR SALE

Estimated Value: $273,645 - $279,000

-- Bed
-- Bath
4,257 Sq Ft
$65/Sq Ft Est. Value

Last Sold September 13, 2019

Last sale price $200,000 $47 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,700/month

36 Days on Market

Highlights

  • Traditional Floor Plan
  • Corner Lot
  • Eat-In Kitchen
  • Traditional Architecture
  • No HOA
  • 2-minute walk to Harlem Inner Block Park Za 125

About This Home

As of September 2019

Great opportunity to own this freshly renovated 3-unit apartment building in Baltimore City. 326 N Carey is a corner building with 17 vinyl replacement windows on the side, bringing lots of natural light to all 3 apartments. On a major artery in downtown Baltimore, giving an easy commute for your tenants.New plumbing, electric, water heaters, and forced-air furnaces will lead to lower maintenance costs. Separate electric meters, 400 amp total service with 100 amps to each apartment. Application pending for separate gas meters. Owner to install new a/c units prior to settlement. 3 large 1,000+ sf, 2-bedroom units are sure to rent quickly for top of the market prices. Each apartment has large closets and one full ceramic tile bath. Kitchens have table space and each unit has separate living room. Freshly painted with new carpet; ready to rent to quality tenants. Expected cap rate 10%+; Rents estimated at $985/month per unit; please contact showing agent for financial docs.

Last Agent to Sell the Property

Tom Fair

(410) 235-5200 tom@benfrederick.com Ben Frederick Realty, Inc. Listed on: 06/19/2019

Last Buyer's Agent

Frank Kraus

(443) 902-1350 frank@mdsold.com Berkshire Hathaway HomeServices Homesale Realty

Berkshire Hathaway HomeServices Homesale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $708

Year Built

  • Built in 1900 | Remodeled in 2019

Lot Details

  • 2,150 Sq Ft Lot
  • Corner Lot
  • Property is in very good condition

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof

Interior Spaces

  • Traditional Floor Plan
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Replacement Windows
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Public Parking
  • Free Parking
  • On-Street Parking
  • Unassigned Parking

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Multi-Tank Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 014
  • Assessor Parcel Number 0319010153 014

Community Details

Overview

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

Building Details

  • 3 Vacant Units
  • Income includes apartment rentals
  • Gross Income $35,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$708

Year Built

Built in 1900 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: tenants' possessions
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Year Renovated: 2019
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Water Heater
  • Flooring Type: Carpet
  • Interior Amenities: Carpet, Combination Kitchen/Dining, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space
  • Window Features: Double Pane, Replacement, Vinyl Clad
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Unfinished, Full, Interior Access
  • Total Sq Ft: 5676
  • Living Area Sq Ft: 4257
  • Price Per Sq Ft: 52.83
  • Above Grade Finished Sq Ft: 4257
  • Below Grade Sq Ft: 1419
  • Total Below Grade Sq Ft: 1419
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Rubber
  • Spa: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free, Public, Unassigned
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Multi Units
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Multi-Tank, Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 23000.00
  • Land Assessed Value: 7000.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 21'6"x100'
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2150.00
  • Property Condition: Very Good
  • Zoning: R-8
  • Zoning Description: 3-Dwelling Unit
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: None
  • Ground Rent Exists: No
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13003742
  • Tax Annual Amount: 708.00
  • Assessor Parcel Number: 0319010153 014
  • Tax Lot: 014
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

Multi Family

  • Number Of Units Vacant: 3
  • Gross Scheduled Income: 35460.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2019
Closed on
Sep 13, 2019
Sold by
Krop Richard
Bought by
Sanders Matthew S
Seller's Agent
Tom Fair
Ben Frederick Realty, Inc.
Buyer's Agent
Frank Kraus
Berkshire Hathaway HomeServices Homesale Realty
List Price
$249,000
Sold Price
$200,000
Premium/Discount to List
-$49,000
-19.68%
Current Estimated Value
$276,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,323
Avg. Annual Appreciation
5.33%
Original Mortgage
$150,000
Outstanding Balance
$130,843
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$145,480

Purchase Details

Closed on
Nov 12, 2015
Sold by
Moore Bruce C and Moore Viola C
Bought by
Krop Richard

Purchase Details

Closed on
Oct 11, 1991
Sold by
Jackson Clarence A
Bought by
Moore Bruce C and Moore Viola C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sanders Matthew S $200,000 Endeavor Title Llc
Krop Richard $9,000 Attorney
Moore Bruce C $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Matthew S $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2019 09/13/19 Sold $200,000 -11.1% $47 / Sq Ft
07/25/2019 07/25/19 Pending -- -- --
07/17/2019 07/17/19 Price Changed $224,900 -9.7% $53 / Sq Ft
06/19/2019 06/19/19 For Sale $249,000 -- $58 / 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 $2,936 $125,000 $30,000 $95,000
2024 $2,936 $125,000 $30,000 $95,000
2023 $4,720 $200,000 $40,000 $160,000
2022 $3,383 $143,333 $0 $0
2021 $2,045 $86,667 $0 $0
2020 $708 $30,000 $7,000 $23,000
2019 $705 $30,000 $7,000 $23,000
2018 $708 $30,000 $7,000 $23,000
2017 $944 $40,000 $0 $0
2016 $1,308 $27,667 $0 $0
2015 $1,308 $15,333 $0 $0
2014 $1,308 $3,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA473588

Bright MLS

APN: 0153-014