NOT LISTED FOR SALE

3438 University Place Baltimore, MD 21218

Oakenshawe Neighborhood

Estimated Value: $422,745 - $480,000

-- Bed
4 Baths
2,858 Sq Ft
$158/Sq Ft Est. Value

Last Sold November 26, 2012

Last sale price $200,000 $70 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,002/month

179 Days on Market

Highlights

  • Wood Flooring
  • 3 Fireplaces
  • Balcony
  • Main Floor Bedroom
  • Corner Lot
  • 2 Car Attached Garage

About This Home

As of November 2012

Lovely,large, brick end of group with rental income potential! Close to Johns Hopkins University and Union Memorial Hospital on quiet, treed street. Currently three apartments with private entrances Recently renovated kithchens.Generally in good shape, excluding roof/drywall.GREAT BONES! Sold as Is.Ground rent to be verified by buyer and will not be redeemed by seller. Bank addendum required.

Last Agent to Sell the Property

Michael Ball

Northrop Realty Listed on: 03/15/2012

Northrop Realty

Last Buyer's Agent

Wesley Peters

Corner House Realty

Corner House Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,356 Sq Ft Lot
  • Corner Lot
  • Property is in below average condition

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 3 Fireplaces
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • En-Suite Bathroom

Outdoor Features

  • Balcony

Utilities

  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 050
  • Assessor Parcel Number 0312183732B050

Community Details

Overview

  • Property has a Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals, laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Bath(s), Entry Level Bedroom, Wood Floors
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Basement: Yes
  • Basement Type: Full
  • Price Per Sq Ft: 68.23

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Slate
  • 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
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 250200.00
  • Land Assessed Value: 110000.00
  • Lot Features: Corner
  • Lot Size Acres: 0.10
  • Lot Size Area: 4356
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Below Average
  • Year Assessed: 2011
  • Zoning: 0R060
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12957239
  • Tax Annual Amount: 8572.76
  • Assessor Parcel Number: 0312183732B050
  • Tax Lot: 050
  • Tax Total Finished Sq Ft: 2858
  • Tax Year: 2011
  • Close Date: 11/26/2012

Multi Family

  • Income Includes: Apartment Rentals, Laundry
  • Metering: Electric Separate
  • Vacancy Allowance Rate: 100.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2012
Closed on
Nov 26, 2012
Sold by
Essex Bank
Bought by
Ellis Jared M
Seller's Agent
Michael Ball
Northrop Realty
Buyer's Agent
Wesley Peters
Corner House Realty
List Price
$269,900
Sold Price
$200,000
Premium/Discount to List
-$69,900
-25.9%
Current Estimated Value
$451,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,373
Avg. Annual Appreciation
6.31%
Original Mortgage
$367,396
Outstanding Balance
$254,922
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$180,341

Purchase Details

Closed on
Sep 17, 2011
Sold by
Whitely Edward M
Bought by
Essex Bank

Purchase Details

Closed on
Dec 2, 2005
Sold by
Sonen Virginia R
Bought by
Whitely Edward M

Purchase Details

Closed on
Oct 10, 2003
Sold by
Sonen Virginia R
Bought by
Sonen Virginia R and Whitely Edward M

Purchase Details

Closed on
Jun 20, 2002
Sold by
Byrd Richard D
Bought by
Sonen Virginia R
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
Ellis Jared M $200,000 Lakeview Title Company
Essex Bank $268,000 --
Whitely Edward M $105,057 --
Sonen Virginia R -- --
Sonen Virginia R $179,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Jared M $367,396
Previous Owner Whitely Edward M $150,000
Previous Owner Whitely Edward M $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2012 11/26/12 Sold $200,000 -25.9% $70 / Sq Ft
09/10/2012 09/10/12 Pending -- -- --
03/15/2012 03/15/12 For Sale $269,900 -- $94 / 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 $6,105 $340,900 -- --
2024 $6,105 $319,900 $80,000 $239,900
2023 $6,511 $319,900 $80,000 $239,900
2022 $5,610 $319,900 $80,000 $239,900
2021 $8,239 $349,100 $80,000 $269,100
2020 $5,069 $348,433 $0 $0
2019 $4,801 $347,767 $0 $0
2018 $4,688 $347,100 $80,000 $267,100
2017 $4,552 $298,067 $0 $0
2016 $8,532 $249,033 $0 $0
2015 $8,532 $200,000 $0 $0
2014 $8,532 $200,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Ball

    Seller's Agent in 2012

    Michael Ball

    Creig Northrop Team of Long & Foster

    (410) 707-7787

    43 Total Sales

    Section Image
  • Wesley Peters

    Buyer's Agent in 2012

    Wesley Peters

    Corner House Realty

    (410) 963-9378

    50 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1003894122

Bright MLS

APN: 3732B-050

Maryland Baltimore City County Baltimore 21218 Oakenshawe

3438 University Place, Baltimore, MD

This home is located at 3438 University Place, Baltimore, MD 21218 since 15 March 2012 and is currently estimated at $451,373, approximately $157 per square foot. This property was built in 1924. 3438 University Place is a home located in Baltimore City with nearby schools including Waverly Elementary School, Booker T. Washington Middle School, and Frederick Douglass High School.

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