NOT LISTED FOR SALE

328 S Highland Ave Baltimore, MD 21224

Highlandtown Neighborhood

Estimated Value: $229,282

-- Bed
-- Bath
2,576 Sq Ft
$89/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $215,250 $84 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,400/month

21 Days on Market

About This Home

As of June 2023

REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Wednesday, April 26, 2023. Live On Site Auction - Friday, April 28, 2023 at 11:00 AM. List price is opening bid only. Also being auctioned - 330 S. Highland Ave. - To be offered individually and as an entirety. Building is arranged for two dwelling units and storefront, all occupied, and totaling $3,200/month ($38,400/year) gross scheduled rental income.

328 & 330 S. Highland Avenue are located in the Highlandtown neighborhood in Southeast Baltimore. Highlandtown is among Baltimore’s best known neighborhoods, having been a hub of community life in the southeastern portion of the City for more than 150 years. The neighborhood has been experiencing a renaissance over the past 20 years.

The auction provides an opportunity to purchase a property in a prime location with a long rental history. The opportunity to continue the value-add initiatives of the current owner further enhances the long term revenue potential at the site, or one or both of the properties could be considered as a full redevelopment opportunity.

Last Agent to Sell the Property

Charles Billig

(410) 296-8440 charles@ajbillig.com A.J. Billig & Company Listed on: 04/07/2023

Co-Listed By

Luis Arrazola

(410) 296-8441 luis@ajbillig.com A.J. Billig & Company License #676566

Last Buyer's Agent

Charles Billig

(410) 296-8440 charles@ajbillig.com A.J. Billig & Company Listed on: 04/07/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,466

Year Built

  • Built in 1920

Lot Details

  • 1,288

Home Design

  • Triplex
  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • 2,576 Sq Ft Home
  • Vinyl Clad Windows

Additional Features

  • 1,288 Sq Ft Lot
  • Hot Water Heating System

Community Details

  • 3 Units
  • Highlandtown Subdivision

Listing and Financial Details

  • Tax Lot 035
  • Assessor Parcel Number 0326126299A035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,466

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: Auction
  • Stories: 0

Interior Features

  • Window Features: Vinyl Clad
  • Foundation Details: Other
  • Total Sq Ft: 2576
  • Living Area Sq Ft: 2576
  • Price Per Sq Ft: 38.82
  • Above Grade Finished Sq Ft: 2576
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Built-Up
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 73400.00
  • Land Assessed Value: 25700.00
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1288.00
  • Zoning: C-1
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Total Actual Rent: 38400.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13055099
  • Tax Annual Amount: 2466.00
  • Assessor Parcel Number: 0326126299A035
  • Tax Lot: 035
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
Jun 9, 2023
Sold by
Td Properties 3 Llc
Bought by
328 Highland Ave Llc
Seller's Agent
Charles Billig
A.J. Billig & Company
Buyer's Agent
Charles Billig
A.J. Billig & Company
List Price
$100,000
Sold Price
$215,250
Premium/Discount to List
$115,250
115.25%
Views
15
Current Estimated Value
$229,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,032
Avg. Annual Appreciation
2.68%
Original Mortgage
$162,000
Outstanding Balance
$157,668
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$71,614

Purchase Details

Closed on
Jan 4, 2022
Sold by
Bennett Rene George
Bought by
Td Properties 3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 1995
Sold by
Binko Albert J
Bought by
Bennett Rene G
Source: Public Records

Range of Values:

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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
328 Highland Ave Llc $215,250 Lakeside Title
Td Properties 3 Llc $825,000 Rextar Title
Td Properties 3 Llc $825,000 Rextar Title
Bennett Rene G $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 328 Highland Ave Llc $162,000
Previous Owner Td Properties 3 Llc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2023 06/09/23 Sold $215,250 +115.3% $84 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $100,000 -- $39 / 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 $2,328 $99,100 $25,700 $73,400
2024 $2,328 $99,100 $25,700 $73,400
2023 $2,328 $99,100 $25,700 $73,400
2022 $2,466 $104,500 $25,700 $78,800
2021 $2,438 $103,300 $0 $0
2020 $2,410 $102,100 $0 $0
2019 $2,370 $100,900 $25,700 $75,200
2018 $2,381 $100,900 $25,700 $75,200
2017 $2,381 $100,900 $0 $0
2016 $2,459 $100,900 $0 $0
2015 $2,459 $100,900 $0 $0
2014 $2,459 $100,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Charles Billig

    Seller's Agent in 2023

    Charles Billig

    A.J. Billig & Company

    (410) 296-8440

    5 in this area

    545 Total Sales

    Charles Billig
    Section Image
  • Luis Arrazola

    Seller Co-Listing Agent in 2023

    Luis Arrazola

    A.J. Billig & Company

    (410) 296-8441

    5 in this area

    418 Total Sales

    Luis Arrazola
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDBA2081364

Bright MLS

APN: 6299A-035

Maryland Baltimore City County Baltimore 21224 Highlandtown

328 S Highland Ave, Baltimore, MD

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