NOT LISTED FOR SALE

3405 Southern Ave Baltimore, MD 21214

Waltherson Neighborhood

Estimated Value: $318,765 - $374,000

-- Bed
2 Baths
2,008 Sq Ft
$173/Sq Ft Est. Value

Last Sold July 18, 2018

Last sale price $250,000 $125 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,206/month

12 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Balcony
  • Space For Rooms
  • No HOA
  • 2 Car Detached Garage

About This Home

As of July 2018

This fully remodeled, income producing 2 unit home is the perfect investment opportunity! Units are separately metered: Unit 1 has 3 bedrooms w/2 full baths. Unit 2 offers 2 bedrooms w/1 bath. Features include: all new electric, plumbing, & systems, 2 car garage & 2 car parking, cozy front porch, rear porch & upper balcony. Home offers potential to finish lower level into addtl. 1 bed unit.

Last Agent to Sell the Property

Sarah Mattingly

Cummings & Co. Realtors Listed on: 05/21/2018

Last Buyer's Agent

Akinremi Akinsanya

Redfin Corp License #651810

Redfin Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,113

Year Built

  • Built in 1910

Lot Details

  • 7,540 Sq Ft Lot
  • Back Yard Fenced
  • Corner Lot
  • Property is in very good condition

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Aluminum Siding

Interior Spaces

  • Crown Molding
  • Brick Wall or Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • French Doors
  • Wood Flooring

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Exterior Basement Entry
  • Shelving
  • Space For Rooms

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 029
  • Assessor Parcel Number 0327015811 029

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $10,403
  • Net Operating Income $22,597

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,113

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1910
  • Remarks Public: This fully remodeled, income producing 2 unit home is the perfect investment opportunity! Units are separately metered: Unit 1 has 3 bedrooms w/2 full baths. Unit 2 offers 2 bedrooms w/1 bath. Features include: all new electric, plumbing, & systems, 2 car garage & 2 car parking, cozy front porch, rear porch & upper balcony. Home offers potential to finish lower level into addtl. 1 bed unit.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Microwave, Washer, Dryer, Dishwasher, Refrigerator, Stove
  • Interior Amenities: Wood Floors, Crown Moldings, Recessed Lighting
  • Fireplace: No
  • Door Features: French
  • Wall Ceiling Types: Brick
  • Basement: Yes
  • Basement Type: Outside Entrance, Connecting Stairway, Full, Shelving, Space For Rooms
  • Price Per Sq Ft: 117.03
  • Street Number Modifier: 3405

Exterior Features

  • Construction Materials: Aluminum Siding
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454

Lot Info

  • Fencing: Rear
  • Lot Features: Corner
  • Lot Size Acres: 0.17
  • Lot Size Area: 7540
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7540.00
  • Outdoor Living Structures: Porch(es), Balcony, Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: 4
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3112.84
  • Assessor Parcel Number: 0327015811 029
  • Tax Lot: 029
  • Tax Total Finished Sq Ft: 2008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 07/18/2018

Multi Family

  • Gross Income: 33000.00
  • Metering: Fully Separate
  • Operating Expense: 10403.00

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Jul 18, 2018
Sold by
Brick Beam Properties Llc
Bought by
Edmondson Felicia A
Seller's Agent
Sarah Mattingly
Cummings & Co. Realtors
Buyer's Agent
Akinremi Akinsanya
Redfin Corp
List Price
$235,000
Sold Price
$250,000
Premium/Discount to List
$15,000
6.38%
Current Estimated Value
$338,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,632
Avg. Annual Appreciation
4.65%
Original Mortgage
$187,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 8, 2017
Closed on
Feb 3, 2017
Sold by
Schwartz Mary M and Bobes Lydia I
Bought by
Brick And Beam Properties Llc
Seller's Agent
Alphonso Freeman
HomeSmart
Buyer's Agent
Sarah Mattingly
Cummings & Co. Realtors
List Price
$79,900
Sold Price
$115,000
Premium/Discount to List
$35,100
43.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.84%
Original Mortgage
$160,700
Interest Rate
4.12%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 22, 2005
Sold by
Bobes Robert A
Bought by
Bobes Robert A
Source: Public Records

Range of Values:

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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
Edmondson Felicia A $250,000 Resource Re Svcs Llc
Brick And Beam Properties Llc $110,000 Cole Title & Escrow Inc
Bobes Robert A -- --
Bobes Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edmondson Felicia $190,800
Closed Edmondson Felicia A $187,500
Previous Owner Brick And Beam Properties Llc $160,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2018 07/18/18 Sold $250,000 +6.4% $125 / Sq Ft
06/02/2018 06/02/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $235,000 +104.3% $117 / Sq Ft
02/03/2017 02/03/17 Sold $115,000 +43.9% $57 / Sq Ft
01/13/2017 01/13/17 Pending -- -- --
01/08/2017 01/08/17 For Sale $79,900 -- $40 / 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 $4,216 $197,400 -- --
2024 $4,216 $179,500 $62,100 $117,400
2023 $4,156 $176,933 $0 $0
2022 $4,115 $174,367 $0 $0
2021 $4,054 $171,800 $62,100 $109,700
2020 $3,741 $158,500 $0 $0
2019 $3,410 $145,200 $0 $0
2018 $3,113 $131,900 $62,100 $69,800
2017 $3,113 $131,900 $0 $0
2016 -- $131,900 $0 $0
2015 -- $149,900 $0 $0
2014 -- $149,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Sarah Mattingly

    Cummings & Co Realtors

    Section Image

  • A

    Buyer's Agent in 2018

    Akinremi Akinsanya

    Redfin Corp

    Section Image
  • Alphonso Freeman

    Seller's Agent in 2017

    Alphonso Freeman

    HomeSmart

    (443) 527-1850

    27 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1001535962

Bright MLS

APN: 5811-029

Maryland Baltimore City County Baltimore 21214 Waltherson

3405 Southern Ave, Baltimore, MD

This home is located at 3405 Southern Ave, Baltimore, MD 21214 since 21 May 2018 and is currently estimated at $346,383, approximately $172 per square foot. This property was built in 1910. 3405 Southern Ave is a home located in Baltimore City with nearby schools including Garrett Heights Elementary School, Booker T. Washington Middle School, and Paul Laurence Dunbar Community High School.

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