NOT LISTED FOR SALE

38 E Montgomery St Baltimore, MD 21230

Federal Hill Neighborhood

Estimated Value: $468,953 - $575,000

Studio
3 Baths
1,993 Sq Ft
$262/Sq Ft Est. Value

Last Sold December 05, 2017

Last sale price $350,000 $176 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,496/month

48 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • 3-minute walk to Hill Street Park
  • No HOA
  • Property is in very good condition

About This Home

As of December 2017

Historic Federal Hill, Rarely Available Brick Front Row Home Currently Set Up as Two Separate Units with Individual HVAC Systems and Meters! Live in One and Rent Out the Other! New kitchen with granite on 2nd level apt Washer and Dryers Uniquely Located & Close to Inner Harbor, Stadiums, Restaurants, Entertainment, See owner for Upgrades and operating expenses expenses

Last Agent to Sell the Property

Mary Lapides

(410) 804-6379 melapides@comcast.net Cummings & Co. Realtors License #52549 Listed on: 09/05/2017

Cummings & Co. Realtors

Co-Listed By

Jeanne Thommen

(410) 823-0033 thommenrealtor@gmail.com Cummings & Co. Realtors License #665591

Last Buyer's Agent

Gabriel Garcia

(410) 729-7700 gabriel@patapscopm.com Keller Williams Flagship

Keller Williams Flagship

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Window Treatments
  • Wood Flooring
  • Unfinished Basement
  • Exterior Basement Entry

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for real estate taxes, insurance
  • Tax Lot 023
  • Assessor Parcel Number 0322100896 023

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Federal Hill Historic District Subdivision

Building Details

  • Operating Expense $10,520

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Water Heater, Washer, Stove, Refrigerator
  • Interior Amenities: Window Treatments, Wood Floors
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Unfinished
  • Price Per Sq Ft: 185.60

Exterior Features

  • 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: Forced Air
  • 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

Lot Info

  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: 8
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Taxes - Real Estate, Insurance
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9026.22
  • Assessor Parcel Number: 0322100896 023
  • Tax Lot: 023
  • Tax Year: 2016

Multi Family

  • Gross Income: 36000.00
  • Metering: Fully Separate
  • Operating Expense: 10520.00

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2017
Closed on
Dec 4, 2017
Sold by
Belsinger Wayne L and Belsinger Bonnie
Bought by
Jones Quentin Mccoy and Jones Karen Arlet
Seller's Agent
Mary Lapides
Cummings & Co. Realtors
Buyer's Agent
Gabriel Garcia
Keller Williams Flagship
List Price
$385,000
Sold Price
$350,000
Premium/Discount to List
-$35,000
-9.09%
Current Estimated Value
$521,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,977
Avg. Annual Appreciation
5.05%

Purchase Details

Closed on
Jan 24, 2003
Sold by
Vaghi Nino R
Bought by
Belsinger Wayne L and Belsinger Mark R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Jones Quentin Mccoy $350,000 Charter Title Llc
Belsinger Wayne L $275,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2017 12/05/17 Sold $350,000 -5.4% $176 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
10/05/2017 10/05/17 Price Changed $369,900 -3.9% $186 / Sq Ft
09/05/2017 09/05/17 For Sale $385,000 0.0% $193 / Sq Ft
02/22/2016 02/22/16 Rented $1,200 -4.0% --
02/20/2016 02/20/16 Under Contract -- -- --
02/06/2016 02/06/16 For Rent $1,250 -26.5% --
10/08/2015 10/08/15 Rented $1,700 -5.6% --
10/07/2015 10/07/15 Under Contract -- -- --
06/19/2015 06/19/15 For Rent $1,800 +2.9% --
07/01/2014 07/01/14 Rented $1,750 0.0% --
06/30/2014 06/30/14 Under Contract -- -- --
06/23/2014 06/23/14 For Rent $1,750 -- --
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 $9,514 $411,733 -- --
2024 $9,514 $405,067 -- --
2023 $8,762 $398,400 $175,000 $223,400
2022 $8,695 $394,667 $0 $0
2021 $9,226 $390,933 $0 $0
2020 $9,138 $387,200 $175,000 $212,200
2019 $9,094 $387,200 $175,000 $212,200
2018 $9,138 $387,200 $175,000 $212,200
2017 $9,933 $420,900 $0 $0
2016 $5,131 $382,467 $0 $0
2015 $5,131 $344,033 $0 $0
2014 $5,131 $305,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Lapides

    Seller's Agent in 2017

    Mary Lapides

    Cummings & Co Realtors

    (410) 804-6379

    5 in this area

    51 Total Sales

    Mary Lapides
    Section Image
  • Jeanne Thommen

    Seller Co-Listing Agent in 2017

    Jeanne Thommen

    Cummings & Co Realtors

    (410) 823-0033

    1 in this area

    36 Total Sales

    Jeanne Thommen
    Section Image

  • G

    Buyer's Agent in 2017

    Gabriel Garcia

    Keller Williams Flagship

    Section Image
  • Gary Martin

    Buyer's Agent in 2016

    Gary Martin

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (301) 633-7407

    105 Total Sales

    Gary Martin
    Section Image
  • Cynthia (Cindy) Conklin

    Buyer's Agent in 2015

    Cynthia (Cindy) Conklin

    Monument Sotheby's International Realty

    (443) 629-0152

    36 in this area

    78 Total Sales

    Cynthia (Cindy) Conklin
    Section Image

  • D

    Buyer's Agent in 2014

    Donald Dokas

    Marcus-Boyd Realty

See All Agents

Map

Source: Bright MLS

MLS Number: 1000047649

Bright MLS

APN: 0896-023

Maryland Baltimore City County Baltimore 21230 Federal Hill

38 E Montgomery St, Baltimore, MD

Not Listed for Sale

MultiFamily

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