NOT LISTED FOR SALE

Estimated Value: $149,000 - $149,631

-- Bed
2 Baths
1,640 Sq Ft
$91/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $130,000 $79 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $906/month

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • Ceiling Fan

About This Home

As of March 2022

****OFFER DEADLINE TUESDAY 8PM FEBRUARY 22,2022*****
Construction cranes now fill the skyline in Port Covington, the site of a $5.5 billion development project. Port Covington is one of the largest urban revitalization projects in the country. It's creating thousands of jobs and is expected to generate hundreds of millions of dollars in tax revenues.  Construction workers are building a new gold standard waterfront community in south Baltimore. Port Covington is being transformed into a hub of opportunity for the city and six surrounding neighborhoods. The construction site is roughly the size of two aircraft carriers.  "Phase 1B includes over 400,000 square feet of office, 100,000 square feet of retail and 500 units of housing, which includes an element of affordable housing as well," said Marc Weller, president and CEO of Weller Development.

ALL THE MEANS SIMPLY IS THAT THIS IS A PRIME LOCATION AND OPPORTUNITY!!! 100% TURNKEY.
Two Unit Multi-family unit.  Unit #1 is a two level 2bdrm / 1 bath with a finished basement and rear walkout. Unit #2 upstairs is a 2-bdrm with a den and also has access to the rear of the property.  Unit #1 is rented for $850/per month and occupant is current, while Unit #2 is rented for $695/per month and current as well.  Both are under month-to-month leases and property is currently under professional management with both tenants wishing to stay - generating $1,495.00 per month and $17,940.00 annually.  Property has been rehab top to bottom with new electrical panel and meter PLUS all appliances and mechanicals updated and/or new.  For those looking to build or add to their rental portfolio with a great income producing unit, this property is perfectly priced and is expected to move quickly, no better way than to start the new year in a prime location and money coming in on day one.  Basement is a walk-out, very large has washer/dryer currently - but sizable enough to be converted to a 3rd unit should the buyer desire to do so further adding to the value of this purchase.  New water heater less than 120-days old. Inspection for informational purposes only - AS-IS sale but house is in phenomenal shape.

Last Agent to Sell the Property

William Francis

(240) 888-0940 agentfrancisrog@gmail.com Realty One Group Performance, LLC License #5003874 Listed on: 12/30/2021

Realty One Group Performance, LLC

Last Buyer's Agent

Dan Daniels

(410) 292-7942 dtresidential@yahoo.com Samson Properties

Samson Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $708

Year Built

  • Built in 1926

Lot Details

  • 1,700 Sq Ft Lot
  • Ground Rent of $90 per year

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Bi-Level Home
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Ceiling Fan

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 010
  • Assessor Parcel Number 0325087268 010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$708

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Bi-Level, Colonial
  • Ownership: Ground Rent
  • New Construction: No
  • Year Built: 1926
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 2440
  • Living Area Sq Ft: 1640
  • Price Per Sq Ft: 73.11
  • Above Grade Finished Sq Ft: 1640
  • Below Grade Sq Ft: 800
  • Total Below Grade Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet

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
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 23000.00
  • Land Assessed Value: 7000.00
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1700.00
  • Zoning: R-6
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 90.00
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13048694
  • Tax Annual Amount: 708.00
  • Assessor Parcel Number: 0325087268 010
  • Tax Lot: 010
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2021
Closed on
Mar 21, 2022
Sold by
Gateway Advantage Llc
Bought by
Hendricks Elson A
Seller's Agent
William Francis
Realty One Group Performance, LLC
Buyer's Agent
Dan Daniels
Samson Properties
List Price
$119,900
Sold Price
$130,000
Premium/Discount to List
$10,100
8.42%
Current Estimated Value
$149,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,316
Avg. Annual Appreciation
3.95%
Original Mortgage
$97,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2020
Sold by
Galuska Stephen A and Galuska Cynthia Ann
Bought by
The Gateway Advantage Llc

Purchase Details

Closed on
Sep 2, 2016
Sold by
Galuska Stephen A
Bought by
Galuska Stephen A and Galuska Cynthia Ann
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hendricks Elson A $130,000 --
The Gateway Advantage Llc $35,000 Clear Title Grtoup
Galuska Stephen A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hendricks Elson A $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $130,000 +8.4% $79 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/16/2022 02/16/22 Price Changed $119,900 0.0% $73 / Sq Ft
02/16/2022 02/16/22 For Sale $119,900 -4.0% $73 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
01/18/2022 01/18/22 Price Changed $124,900 +4.2% $76 / Sq Ft
01/18/2022 01/18/22 Price Changed $119,900 0.0% $73 / Sq Ft
01/18/2022 01/18/22 For Sale $119,900 -4.0% $73 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $124,900 0.0% $76 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
12/30/2021 12/30/21 For Sale $124,900 -- $76 / 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 $1,448 $93,333 -- --
2024 $1,448 $61,667 $0 $0
2023 $705 $30,000 $7,000 $23,000
2022 $708 $30,000 $7,000 $23,000
2021 $708 $30,000 $7,000 $23,000
2020 $643 $30,000 $7,000 $23,000
2019 $640 $30,000 $7,000 $23,000
2018 $651 $30,000 $7,000 $23,000
2017 $1,209 $55,200 $0 $0
2016 $1,484 $55,200 $0 $0
2015 $1,484 $55,200 $0 $0
2014 $1,484 $75,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDBA2024858

Bright MLS

APN: 7268-010