NOT LISTED FOR SALE

Estimated Value: $186,622 - $187,000

4 Beds
2 Baths
1,600 Sq Ft
$117/Sq Ft Est. Value

Last Sold January 04, 2022

Last sale price $144,160 $90 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,241/month

Highlights

  • Traditional Architecture
  • Radiator
  • 3-minute walk to Elmley Avenue Park
  • No HOA

About This Home

As of January 2022

List price to be opening bid. Online Auction Only! Bidding begins Sunday, November 14 & ends Friday, November 19, 2021 at 11:00 AM. The brick townhouse is configured as 2 apartments in the "Belair-Edison" Neighborhood of Baltimore City. Unit 1 is on the main & lower levels; it is currently vacant and rent ready. Unit 2 is on the upper level and is tenant occupied. The property has separate electric and gas meters for each apartment. There is a concrete pad in the backyard that can be used to park a car or small truck. Current gross monthly rent of $750. Current gross annual rent of $9,000. Per the Seller: Potential gross monthly rent of $2,200. Potential gross annual rent of $26,400. Unit 1: Main level has a hallway, 2 bedrooms (with no closets) and a bonus room. The lower level has a large open room, kitchen & full bath; the furnace is located in the lower level. The apartment is currently vacant and rent ready. Per the seller the potential rent is $1,450/monthly. Unit 2: 2 bedrooms, kitchen and 1 full bath. The furnace is in the attic. Currently rented for $750/monthly.Features include gas forced hot air heat, gas hot water, wood floors and some laminated floors, separate meters. The tenant pays BGE; the owner pays water.

Last Agent to Sell the Property

Larry Cooper

Alex Cooper Auctioneers, Inc. Listed on: 11/04/2021

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,532

Year Built

  • Built in 1942

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Partially Finished Basement

Bedrooms and Bathrooms

Utilities

  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Belair Edison Subdivision

Listing and Financial Details

  • Tax Lot 133
  • Assessor Parcel Number 0326364179D133

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,532

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1942
  • Automatically Close On Close Date: No
  • Remarks Public: List price to be opening bid. Online Auction Only! Bidding begins Sunday, November 14 & ends Friday, November 19, 2021 at 11:00 AM. The brick townhouse is configured as 2 apartments in the "Belair-Edison" Neighborhood of Baltimore City. Unit 1 is on the main & lower levels; it is currently vacant and rent ready. Unit 2 is on the upper level and is tenant occupied. The property has separate electric and gas meters for each apartment. There is a concrete pad in the backyard that can be used to park a car or small truck. Current gross monthly rent of $750. Current gross annual rent of $9,000. Per the Seller: Potential gross monthly rent of $2,200. Potential gross annual rent of $26,400. Unit 1: Main level has a hallway, 2 bedrooms (with no closets) and a bonus room. The lower level has a large open room, kitchen & full bath; the furnace is located in the lower level. The apartment is currently vacant and rent ready. Per the seller the potential rent is $1,450/monthly. Unit 2: 2 bedrooms, kitchen and 1 full bath. The furnace is in the attic. Currently rented for $750/monthly.Features include gas forced hot air heat, gas hot water, wood floors and some laminated floors, separate meters. The tenant pays BGE; the owner pays water.
  • Special Features: Auction
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 39.06
  • Above Grade Finished Sq Ft: 1280
  • Below Grade Finished Sq Ft: 320
  • Below Grade Sq Ft: 320
  • Total Below Grade Sq Ft: 640
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3522

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • 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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • 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: No
  • Senior Community: No

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 77300.00
  • Land Assessed Value: 30000.00
  • Land Use Code: R
  • Lot Size Units: Square Feet
  • Year Assessed: 2021
  • Zoning: R-7
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13067396
  • Tax Annual Amount: 2532.00
  • Assessor Parcel Number: 0326364179D133
  • Tax Lot: 133
  • Tax Total Finished Sq Ft: 1600
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 01/04/2022

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Jan 4, 2022
Sold by
Singh Oral R
Bought by
2624 E Preston Llc
Seller's Agent
Larry Cooper
Alex Cooper Auctioneers, Inc.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$50,000
Sold Price
$144,160
Premium/Discount to List
$94,160
188.32%
Current Estimated Value
$186,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,651
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
Mar 3, 2006
Sold by
Pollard Kenny
Bought by
Singh Oral R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
6.15%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 24, 2006
Sold by
Pollard Kenny
Bought by
Singh Oral R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
6.15%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
2624 E Preston Llc $144,160 Golden Trust Title
2624 E Preston Llc $144,160 Golden Trust Title
Singh Oral R $90,000 --
Singh Oral R $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2624 E Preston Llc $754,500
Previous Owner Singh Oral R $27,000
Previous Owner Singh Oral R $58,500
Previous Owner Singh Oral R $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2022 01/04/22 Sold $144,160 +188.3% $90 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $50,000 -- $31 / 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 $2,950 $132,267 -- --
2024 $2,950 $125,600 $30,000 $95,600
2023 $2,807 $119,500 $0 $0
2022 $2,676 $113,400 $0 $0
2021 $2,532 $107,300 $30,000 $77,300
2020 $2,450 $103,833 $0 $0
2019 $2,357 $100,367 $0 $0
2018 $2,287 $96,900 $30,000 $66,900
2017 $2,287 $96,900 $0 $0
2016 $2,712 $96,900 $0 $0
2015 $2,712 $98,700 $0 $0
2014 $2,712 $98,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2017524

Bright MLS

APN: 4179D-133