NOT LISTED FOR SALE

Estimated Value: $172,794 - $178,000

-- Bed
3 Baths
1,860 Sq Ft
$94/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $135,000 $73 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,124/month

Highlights

  • 0.33 Acre Lot
  • Colonial Architecture
  • Bathtub with Shower
  • Open Floorplan
  • Wood Flooring
  • Combination Dining and Living Room

About This Home

As of May 2022

Great Investment Opportunity! Three rental units generate just under $22,000 in income per year! The main floor and basement units have been recently updated. The top-level unit provides a great opportunity to update and increase your cash flow. The main level unit is a 2 bed / 1 bath and with hardwood floors, the 2 bedrooms can be used as living and dining rooms, tile flooring in the kitchen, and a fully updated bathroom with top of the line shower/tub materials, laminate and tile. The Basement unit was just fully updated and is a 1 Bed / 1 Bath efficiency with a separate entrance through the backyard. Updated bathroom with laminate and tile flooring, laminate flooring in the kitchen and storage rooms, and tile flooring in the family/bedroom. The upstairs unit is a 2 Bed / 1 Bath with a great opportunity to update and increase the rent. Basement Unit Rents $650/mo. and Lease Expires 2/6/20223, Main Level Unit Rents $700/mo. and the Lease Expires 1/1/2023, Upstairs Unit Rents for $450 and pays the monthly utilities for the building, and the Lease is Month to Month... Don't miss out on this great investment opportunity!

Last Agent to Sell the Property

Jim Bim

(443) 463-6009 jim@jimbim.com Winning Edge Listed on: 04/21/2022

Co-Listed By

Grant Bim

(410) 300-6175 grant@jimbim.com Winning Edge License #668382

Last Buyer's Agent

Matt Walker

(973) 342-1139 mattsellshomes7@gmail.com Samson Properties License #667892

Samson Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,884

Year Built

  • Built in 1930

Lot Details

  • 0.33 Acre Lot
  • Back Yard
  • Ground Rent of $108 semi-annually

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Bathtub with Shower
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Finished Basement

Kitchen

  • Kitchen in Efficiency Studio
  • Gas Oven or Range
  • Freezer

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for sewer, water
  • Tax Lot 033
  • Assessor Parcel Number 0316182505A033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,884

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Ground Rent
  • New Construction: No
  • Expected On Market: 2022-04-21
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Oven/Range - Electric, Freezer
  • Flooring Type: Carpet, Hardwood, Laminated, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open, Kitchen - Efficiency, Tub Shower, Window Treatments
  • Fireplace: No
  • Foundation Details: Slab
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 1860
  • Living Area Sq Ft: 1860
  • Price Per Sq Ft: 120.89
  • Above Grade Finished Sq Ft: 1240
  • Below Grade Finished Sq Ft: 620
  • Total Below Grade Sq Ft: 620
  • 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, Electric
  • Heating Type: Radiator
  • 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: 66900.00
  • Land Assessed Value: 13000.00
  • Lot Features: Rear Yard
  • Lot Size Acres: 0.33
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14374.80
  • Zoning: R-6
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Ground Rent Amt: 108.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Semi-Annually
  • Number Of Units Month To Month: 1
  • Owner Pays: Sewer, Water
  • Rent Control: No
  • Total Actual Rent: 21600.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12995708
  • Tax Annual Amount: 1884.00
  • Assessor Parcel Number: 0316182505A033
  • Tax Lot: 033
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Income Expense List: Annual Ground Rent
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2024
Sold by
Alerte Beaudelaire Kervin
Bought by
Bmc Investment Group Llc
Current Estimated Value
$175,397

Purchase Details

Listed on
Apr 21, 2022
Closed on
May 23, 2022
Sold by
Fairway Woods Llc
Bought by
Side Street Property Management Llc
Seller's Agent
Jim Bim
Winning Edge
Buyer's Agent
Matt Walker
Samson Properties
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$101,250
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 21, 2022
Closed on
May 18, 2022
Sold by
Side Street Property Management Llc
Bought by
Alerte Beaudelaire Kervin
Seller's Agent
Jim Bim
Winning Edge
Buyer's Agent
Matt Walker
Samson Properties
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2020
Sold by
Moody Stevie J
Bought by
Side Street Property Management Llc

Purchase Details

Closed on
Sep 11, 2006
Sold by
Loyola Northway Inc
Bought by
Moody Stevie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,440
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2006
Sold by
Loyola Northway Inc
Bought by
Moody Stevie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,440
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bmc Investment Group Llc -- Endeavor Title
Bmc Investment Group Llc -- Endeavor Title
Side Street Property Management Llc -- None Listed On Document
Alerte Beaudelaire Kervin $135,000 Universal Title
Side Street Property Management Llc $48,994 None Available
Moody Stevie $69,300 --
Moody Stevie $69,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Side Street Property Management Llc $101,250
Previous Owner Alerte Beaudelaire Kervin $101,250
Previous Owner Moody Stevie $55,440
Previous Owner Moody Stevie $55,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2022 05/18/22 Sold $135,000 -9.9% $73 / Sq Ft
04/21/2022 04/21/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $149,900 0.0% $81 / Sq Ft
04/20/2022 04/20/22 Price Changed $149,900 -- $81 / 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 $2,412 $125,500 -- --
2024 $2,412 $102,700 $0 $0
2023 $1,886 $79,900 $13,000 $66,900
2022 $1,885 $79,867 $0 $0
2021 $1,884 $79,833 $0 $0
2020 $1,883 $79,800 $13,000 $66,800
2019 $1,874 $79,800 $13,000 $66,800
2018 $1,883 $79,800 $13,000 $66,800
2017 $2,388 $101,200 $0 $0
2016 $1,998 $91,100 $0 $0
2015 $1,998 $81,000 $0 $0
2014 $1,998 $70,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2039954

Bright MLS

APN: 2505A-033