Seller's Agent in 2020
David Pelta
Douglas Realty, LLC
(443) 722-6804
51 Total Sales
3503 Oakmont Ave Baltimore, MD 21215
Central Park Heights NeighborhoodEstimated Value: $158,848 - $204,000
--
Bed
--
Bath
--
Sq Ft
5,140
Sq Ft Lot
Highlights
- Traditional Architecture
- No HOA
- Central Heating and Cooling System
About This Home
As of March 2020A true cash cow. Unbelievable opportunity for an investor to come in and just collect rent. This is a duplex, both sides were recently lightly rehabbed with some new carpet, paint, kitchen appliances. In one unit, we added an additional bathroom in the master bedroom. First floor - 3 bed 2 bath with tenant on 1 year lease paying $1150. Second floor - 5 bed 1 bath with tenant on 2 year lease paying $1300. Tenants pay all utilities! Central air and washer/dryer in both units. Very clean basement on first floor unit. This is about a 18% cap rate, with no work needed. Tenants are great and work in hospital with long term job security
Last Agent to Sell the Property
Douglas Realty, LLC License #655958 Listed on: 11/11/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $905
Year Built
- Built in 1948
Lot Details
- 5,140
Home Design
- Duplex
- Traditional Architecture
- Brick Exterior Construction
- Vinyl Siding
Utilities
- Central Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
- Public Septic
Additional Features
- Unfinished Basement
Listing and Financial Details
- Tax Lot 015
- Assessor Parcel Number 0327204603 015
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Gross Income $29,400
- Net Operating Income $26,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 14, 2025
Sold by
Caplan Yitzchok
Bought by
Duncan Llc
Current Estimated Value
Purchase Details
Listed on
Nov 11, 2019
Closed on
Mar 9, 2020
Sold by
3503 Oakrrfort Llc
Bought by
Caplan Yitzchok
Seller's Agent
David Pelta
Douglas Realty, LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$94,133
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 1, 2019
Sold by
Abdus Shahid Idris
Bought by
3503 Oakmont Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 27, 2010
Sold by
Brown Jenel
Bought by
Lasalle Bank National Association
Purchase Details
Closed on
Nov 4, 2005
Sold by
Kolawole Oladapo
Bought by
Brown Jenel and Brown Kerron P
Purchase Details
Closed on
Mar 19, 2002
Sold by
G S & J Inc
Bought by
Kolawola Oladapo
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Duncan Llc | -- | Clear Title Group | |
| Caplan Yitzchok | $125,510 | Commerce Title Company Inc | |
| 3503 Oakmont Llc | $50,000 | Masters Title & Escrow | |
| Lasalle Bank National Association | $76,000 | -- | |
| Brown Jenel | $90,000 | -- | |
| Kolawola Oladapo | $40,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Duncan Llc | $195,000 | |
| Previous Owner | Caplan Yitzchok | $94,133 | |
| Previous Owner | 3503 Oakmont Llc | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2020 03/06/20 | Sold | $125,000 | -10.7% | -- |
| 01/10/2020 01/10/20 | Pending | -- | -- | -- |
| 12/20/2019 12/20/19 | For Sale | $140,000 | +12.0% | -- |
| 12/11/2019 12/11/19 | Off Market | $125,000 | -- | -- |
| 12/03/2019 12/03/19 | Price Changed | $140,000 | -6.7% | -- |
| 11/11/2019 11/11/19 | For Sale | $150,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,529 | $68,400 | -- | -- |
| 2024 | $1,529 | $65,100 | $12,000 | $53,100 |
| 2023 | $1,536 | $65,100 | $12,000 | $53,100 |
| 2022 | $1,536 | $65,100 | $12,000 | $53,100 |
| 2021 | $1,536 | $65,100 | $12,000 | $53,100 |
| 2020 | $1,221 | $51,733 | $0 | $0 |
| 2019 | $901 | $38,367 | $0 | $0 |
| 2018 | $590 | $25,000 | $5,000 | $20,000 |
| 2017 | $511 | $21,667 | $0 | $0 |
| 2016 | -- | $18,333 | $0 | $0 |
| 2015 | -- | $15,000 | $0 | $0 |
| 2014 | -- | $15,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Pelta
-
datacorrect BrightMLS
d
Buyer's Agent in 2020
datacorrect BrightMLS
Non Subscribing Office
Map
Source: Bright MLS
MLS Number: MDBA491368
APN: 4603-015
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