NOT LISTED FOR SALE

3705 8th St Brooklyn, MD 21225

Estimated Value: $62,000 - $134,493

3 Beds
2 Baths
1,120 Sq Ft
$88/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $60,000 $54 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $558/month

594 Days on Market

Highlights

  • Federal Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of December 2023

Investors looking to add another property to your portfolio... 3BR 2BA home is currently tenant occupied with the tenants paying $1,050.00 per month market rent. The home has been updated and the current lease ends on 7/30/2024. This property requires at least a 48 hour confirmed appointment no exceptions. Property is professionally managed and the management company is excited to assist you with the management as well.

Last Agent to Sell the Property

Luke Reeder

(443) 463-3527 reederfc@gmail.com RE/MAX Advantage Realty License #625355 Listed on: 03/31/2022

Last Buyer's Agent

Luke Reeder

(443) 463-3527 reederfc@gmail.com RE/MAX Advantage Realty License #625355 Listed on: 03/31/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $485

Year Built

  • Built in 1943

Lot Details

  • Ground Rent of $120 per year
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Federal Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Property has 2 Levels
  • Basement
  • Connecting Stairway

Kitchen

  • Oven
  • Stove

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Radiator
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 038
  • Assessor Parcel Number 0325067096 038

Community Details

Overview

  • No Home Owners Association
  • Brooklyn Subdivision
  • Property Manager

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$485

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Ground Rent
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1943
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Refrigerator, Stove, Oven - Single
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 1120
  • Price Per Sq Ft: 88.39
  • Above Grade Finished Sq Ft: 1120
  • Below Grade Sq Ft: 560
  • Total Below Grade Sq Ft: 560
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Flat
  • Spa: No
  • 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, Baseboard - Hot Water, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Units: Square Feet
  • Property Condition: Good
  • Zoning: R-6
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 120.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 485.00
  • Assessor Parcel Number: 0325067096 038
  • Tax Lot: 038
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Dec 22, 2023
Sold by
Rich Div Llc
Bought by
Jjh Funding Llc
Seller's Agent
Luke Reeder
RE/MAX Advantage Realty
Buyer's Agent
Luke Reeder
RE/MAX Advantage Realty
List Price
$99,000
Sold Price
$60,000
Premium/Discount to List
-$39,000
-39.39%
Views
480
Current Estimated Value
$98,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,247
Avg. Annual Appreciation
27.35%
Original Mortgage
$99,000
Interest Rate
6.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Dec 6, 2016
Closed on
Jan 17, 2017
Sold by
Kaja Holdings 2 Llc
Bought by
Rich Div Llc
Seller's Agent
Adam Shpritz
Ashland Auction Group LLC
Buyer's Agent
John Kantorski
EXP Realty, LLC
List Price
$10,000
Sold Price
$22,000
Premium/Discount to List
$12,000
120%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.65%

Purchase Details

Listed on
Dec 6, 2016
Closed on
Jan 12, 2017
Sold by
Kaja Hodigs 2 Llc
Bought by
Rich Div Llc
Seller's Agent
Adam Shpritz
Ashland Auction Group LLC
Buyer's Agent
John Kantorski
EXP Realty, LLC
List Price
$10,000
Sold Price
$22,000
Premium/Discount to List
$12,000
120%

Purchase Details

Closed on
Jul 9, 2014
Sold by
Smith Marcus V
Bought by
The Bank New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jan 14, 2014
Sold by
The Bank Of New York Mellon
Bought by
Kaja Holdings 2 Llc

Purchase Details

Closed on
Feb 2, 2006
Sold by
Smith Marcus V
Bought by
Smith Marcus V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2003
Sold by
Smith Properties Llc
Bought by
Smith Marcus V and Love Pamela M

Purchase Details

Closed on
Jun 25, 2002
Sold by
Mortgage Electronic Registration
Bought by
Smith Properties Llc

Purchase Details

Closed on
Feb 1, 2000
Sold by
Eisenberg Sondra
Bought by
Frutchey Debra and Penn David

Purchase Details

Closed on
Jun 19, 1997
Sold by
Norwest Financial Leasing Inc
Bought by
Eisenberg Sondra

Purchase Details

Closed on
Mar 3, 1997
Sold by
Rossi Dino
Bought by
Norwest Financial Leasing Inc

Purchase Details

Closed on
Jun 30, 1994
Sold by
Swearingen Est M R
Bought by
Rossi Dino
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
Jjh Funding Llc $60,000 Dulaney Title
Rich Div Llc $22,000 None Available
Rich Div Llc $22,000 None Available
The Bank New York Mellon $58,199 None Available
Kaja Holdings 2 Llc $8,000 Heights Title Agency Inc
Smith Marcus V $21,904 --
Smith Marcus V $5,000 --
Smith Properties Llc $12,750 --
Mortgage Electronic Registration $49,820 --
Frutchey Debra $72,000 --
Eisenberg Sondra $20,000 --
Norwest Financial Leasing Inc $39,054 --
Rossi Dino $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jjh Funding Llc $99,000
Previous Owner Smith Marcus V $59,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2023 12/15/23 Sold $60,000 -39.4% $54 / Sq Ft
11/15/2023 11/15/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $99,000 +65.0% $88 / Sq Ft
07/07/2023 07/07/23 Off Market $60,000 -- --
01/09/2023 01/09/23 Price Changed $99,000 -2.0% $88 / Sq Ft
12/02/2022 12/02/22 Price Changed $101,000 -2.4% $90 / Sq Ft
11/28/2022 11/28/22 Price Changed $103,500 -1.0% $92 / Sq Ft
11/09/2022 11/09/22 Price Changed $104,500 -2.3% $93 / Sq Ft
10/18/2022 10/18/22 Price Changed $107,000 -2.3% $96 / Sq Ft
08/22/2022 08/22/22 Price Changed $109,500 -2.2% $98 / Sq Ft
07/26/2022 07/26/22 Price Changed $112,000 -2.2% $100 / Sq Ft
07/05/2022 07/05/22 Price Changed $114,500 -4.2% $102 / Sq Ft
06/15/2022 06/15/22 Price Changed $119,500 -4.0% $107 / Sq Ft
06/07/2022 06/07/22 Price Changed $124,500 -2.0% $111 / Sq Ft
05/14/2022 05/14/22 Price Changed $127,000 -2.2% $113 / Sq Ft
03/31/2022 03/31/22 For Sale $129,900 +490.5% $116 / Sq Ft
01/23/2017 01/23/17 Sold $22,000 +120.0% $20 / Sq Ft View Prior Sale
12/19/2016 12/19/16 Pending -- -- --
12/14/2016 12/14/16 For Sale $10,000 0.0% $9 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
12/06/2016 12/06/16 For Sale $10,000 -- $9 / 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 $523 $23,033 -- --
2024 $523 $22,267 $0 $0
2023 $505 $21,500 $15,000 $6,500
2022 $485 $20,567 $0 $0
2021 $463 $19,633 $0 $0
2020 $441 $18,700 $15,000 $3,700
2019 $439 $18,700 $15,000 $3,700
2018 $441 $18,700 $15,000 $3,700
2017 $677 $28,700 $0 $0
2016 $1,678 $28,700 $0 $0
2015 $1,678 $97,400 $0 $0
2014 $1,678 $95,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2038362

Bright MLS

APN: 7096-038