NOT LISTED FOR SALE

Estimated Value: $218,000

3 Beds
2 Baths
1,960 Sq Ft
$111/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $206,000 $105 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,381/month

13 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Heating System Uses Oil

About This Home

As of November 2022

Investors, this is one you will not want to miss. 329 Drew St. is a zoned duplex with a legal rental license and recent lead inspection certificates. This property was completely renovated in 2018 and the roof was recoated with fibered silver coating and serviced in July of this year. Unit #1 (Basement) is currently rented at $949 a month until 7/31/23. Unit #2 (top two floors) is rented for $1199 a month until 6/30/2024, bringing in $2150 a month in rental income! Being within walking distance from Johns Hopkins Bayview Center and a short drive from the main campus means that this property will attract tenants and be lucrative for years to come.

Last Agent to Sell the Property

Vincent Principe

(443) 624-4116 vincentprincipe@kw.com Keller Williams Flagship License #5006318 Listed on: 09/30/2022

Keller Williams Flagship

Co-Listed By

John Newman

(443) 598-2910 thinknewman@kw.com Keller Williams Flagship

Last Buyer's Agent

Vincent Principe

(443) 624-4116 vincentprincipe@kw.com Keller Williams Flagship License #5006318 Listed on: 09/30/2022

Keller Williams Flagship

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,398

Year Built

  • Built in 1941

Lot Details

  • Ground Rent of $68 semi-annually

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

Parking

  • On-Street Parking
  • Rented or Permit Required

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Bayview Subdivision

Listing and Financial Details

  • Tax Lot 015
  • Assessor Parcel Number 0326176357 015

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,398

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Ground Rent
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-10-01
  • Year Built: 1941
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1960
  • Living Area Sq Ft: 1960
  • Price Per Sq Ft: 182.54
  • Above Grade Finished Sq Ft: 1260
  • Below Grade Finished Sq Ft: 700
  • Total Below Grade Sq Ft: 700
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Oil
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 76600.00
  • Land Assessed Value: 25000.00
  • Lot Size Units: Square Feet
  • Zoning: R-7
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 68.00
  • Ground Rent Pymnt Freq: Semi-Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13058323
  • Tax Annual Amount: 2398.00
  • Assessor Parcel Number: 0326176357 015
  • Tax Lot: 015
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Nov 4, 2022
Sold by
Wang Kang-Hsin
Bought by
Roughani Seyid
Seller's Agent
Vincent Principe
Keller Williams Flagship
Buyer's Agent
Vincent Principe
Keller Williams Flagship
List Price
$230,000
Sold Price
$206,000
Premium/Discount to List
-$24,000
-10.43%
Views
6
Current Estimated Value
$218,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,000
Avg. Annual Appreciation
1.81%
Original Mortgage
$154,500
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2018
Sold by
Janet L Gallo
Bought by
Chen Yu-Jen and Wang Kang-Hsin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
4.72%

Purchase Details

Closed on
Aug 1, 2007
Sold by
Ruzakowski Cecilia A
Bought by
Gallo Janet L and Gallo David R
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
Roughani Seyid $206,000 Endeavor Title
Roughani Seyid $206,000 Endeavor Title
Chen Yu-Jen $115,000 --
Gallo Janet L $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roughani Seyid $154,500
Previous Owner Chen Yu-Jen $86,250
Previous Owner Chen Yu-Jen --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2022 11/04/22 Sold $206,000 -10.4% $105 / Sq Ft
09/30/2022 09/30/22 For Sale $230,000 -- $117 / 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 $2,869 $132,400 $25,000 $107,400
2024 $2,869 $122,133 $0 $0
2023 $2,627 $111,867 $0 $0
2022 $2,398 $101,600 $25,000 $76,600
2021 $2,398 $101,600 $25,000 $76,600
2020 $2,398 $101,600 $25,000 $76,600
2019 $2,476 $105,400 $25,000 $80,400
2018 $2,467 $104,533 $0 $0
2017 $2,447 $103,667 $0 $0
2016 $2,715 $102,800 $0 $0
2015 $2,715 $102,800 $0 $0
2014 $2,715 $102,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2061136

Bright MLS

APN: 6357-015