Seller's Agent in 2024
Sheri Hayhurst-Smith
Samson Properties
(410) 746-8156
1 in this area
14 Total Sales
3516 Springdale Ave Baltimore, MD 21216
Forest Park NeighborhoodEstimated Value: $401,758 - $477,000
Studio
3
Baths
2,826
Sq Ft
$155/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 3 Car Detached Garage
- Forced Air Heating System
- Main Floor Bedroom
About This Home
As of January 2024ATTENTION BUY AND HOLD INVESTORS!!
Welcome to 3516 Springdale Avenue, a prime three-unit rental property nestled in the heart of Baltimore, offering a lucrative opportunity for savvy buy-and-hold investors. This strategically located investment property presents a compelling proposition with its mix of two currently occupied units and one vacant unit awaiting your personalized touch.
The property has immediate income generation. The two occupied units contribute to a steady cash flow, while the third unit offers an excellent canvas for enhancement, allowing investors to increase the property's overall value.
Situated in a vibrant neighborhood, 3516 Springdale Avenue enjoys proximity to local amenities, schools, and public transportation, making it an attractive option for tenants seeking convenience and accessibility. The property's location also enhances its potential for long-term appreciation, adding an extra layer of value for investors looking for sustained growth.
As the real estate market in Baltimore continues to show promise, this three-unit rental property stands out as an exceptional investment opportunity. With a mix of existing income and the potential for increased returns through strategic improvements, 3516 Springdale Avenue is a solid foundation for a robust and diversified investment portfolio.
Last Agent to Sell the Property
(443) 542-2251 sherismithrealestate@gmail.com Samson Properties License #5001478 Listed on: 12/16/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,526
Year Built
- Built in 1910
Lot Details
- 8,712 Sq Ft Lot
Parking
- 3 Car Detached Garage
Home Design
- Frame Construction
Interior Spaces
- Main Floor Bedroom
- Window Treatments
- Wood Flooring
- Gas Oven or Range
- Basement
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- 3 Units
- Forest Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 0315262910 009
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 16, 2023
Closed on
Jan 23, 2024
Sold by
Bought by
Seller's Agent
Sheri Hayhurst-Smith
Samson Properties
Buyer's Agent
Federico Busacca
EXP Realty, LLC
List Price
$280,000
Sold Price
$240,000
Premium/Discount to List
-$40,000
-14.29%
Views
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,379
Avg. Annual Appreciation
27.74%
Original Mortgage
$266,000
Interest Rate
0.0661%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 21, 2005
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $240,000 | None Listed On Document | ||
| $195,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $346,400 | ||
| Previous Owner | $266,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/23/2024 01/23/24 | Sold | $240,000 | -14.3% | $85 / Sq Ft |
| 01/09/2024 01/09/24 | Price Changed | $280,000 | 0.0% | $99 / Sq Ft |
| 12/21/2023 12/21/23 | Pending | -- | -- | -- |
| 12/16/2023 12/16/23 | For Sale | $280,000 | -- | $99 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,924 | $227,500 | $51,600 | $175,900 |
| 2024 | $4,924 | $209,633 | ||
| 2023 | $4,504 | $191,767 | $0 | $0 |
| 2022 | $4,104 | $173,900 | $51,600 | $122,300 |
| 2021 | $4,104 | $173,900 | $51,600 | $122,300 |
| 2020 | $4,104 | $173,900 | $51,600 | $122,300 |
| 2019 | $4,143 | $176,400 | $51,600 | $124,800 |
| 2018 | $4,163 | $176,400 | $51,600 | $124,800 |
| 2017 | $4,163 | $176,400 | $0 | $0 |
| 2016 | $4,306 | $190,000 | $0 | $0 |
| 2015 | $4,306 | $187,267 | $0 | $0 |
| 2014 | $4,306 | $184,533 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sheri Hayhurst-Smith
-
Federico Busacca
Buyer's Agent in 2024
Federico Busacca
EXP Realty, LLC
(888) 397-7352
3 in this area
144 Total Sales
Map
Source: Bright MLS
MLS Number: MDBA2108144
APN: 2910-009
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