NOT LISTED FOR SALE

3805 Chesley Ave Baltimore, MD 21206

Estimated Value: $465,301 - $489,000

6 Beds
4 Baths
3,654 Sq Ft
$131/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $395,000 $108 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,422/month

26 Days on Market

Highlights

  • Traditional Floor Plan
  • Garden View
  • Tile or Brick Flooring
  • Traditional Architecture
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of November 2020

Excellent opportunity to invest ! 3 UNITS currently fully occupied & rented with long term tenants w/ month to month agreements - below market value! Each unit has 2 very large bedrooms, 1 full bath, EAT in KITCHENS with islands and/or table space. Almost 1200 sq ft/apt ! CENTRAL AC for each apt. Building is well maintained and in convenient location. NEW ARCHITECTURAL SHINGLE ROOF in 2018 !! All registrations, etc. are available. CERTIFIED LEAD FREE. Homeowner could also live in one of the units and rent the other 2. Many updates have been done, including updated kitchens and tiled baths in 2 units. Each unit separately metered for BGE. Each unit has its own stove, refrig, dishwasher, microwave and washer/dryer. Sump pump on 1st floor. There is driveway/parking pad in back that can be rented with the units. Large flat backyard; partially fenced by neighbors. Lovely block. This is one of those "rarely available" multi-family units you have been looking for!

Last Agent to Sell the Property

Cleopatra Pappas

American Premier Realty, LLC License #594641 Listed on: 08/29/2020

American Premier Realty, LLC

Last Buyer's Agent

Michele Sutherland

Cummings & Co. Realtors License #632052

Cummings & Co. Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,910

Year Built

  • Built in 1967

Lot Details

  • 7,248 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,654 Sq Ft Home
  • Traditional Floor Plan
  • Garden Views

Kitchen

  • Stove
  • Built-In Microwave

Flooring

  • Carpet
  • Tile or Brick
  • Vinyl

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Flood Lights

Parking

  • 3 Open Parking Spaces
  • 5 Parking Spaces
  • 2 Driveway Spaces
  • Parking Lot

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 002A
  • Assessor Parcel Number 0327045579 002A

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,910

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Traditional, Unit/Flat
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1967
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Excellent opportunity to invest ! 3 UNITS currently fully occupied & rented with long term tenants w/ month to month agreements - below market value! Each unit has 2 very large bedrooms, 1 full bath, EAT in KITCHENS with islands and/or table space. Almost 1200 sq ft/apt ! CENTRAL AC for each apt. Building is well maintained and in convenient location. NEW ARCHITECTURAL SHINGLE ROOF in 2018 !! All registrations, etc. are available. CERTIFIED LEAD FREE. Homeowner could also live in one of the units and rent the other 2. Many updates have been done, including updated kitchens and tiled baths in 2 units. Each unit separately metered for BGE. Each unit has its own stove, refrig, dishwasher, microwave and washer/dryer. Sump pump on 1st floor. There is driveway/parking pad in back that can be rented with the units. Large flat backyard; partially fenced by neighbors. Lovely block. This is one of those "rarely available" multi-family units you have been looking for!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Microwave, Refrigerator, Stove, Washer, Dryer
  • Flooring Type: Carpet, Vinyl, Tile/Brick
  • Interior Amenities: Floor Plan - Traditional
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Room Count: 15
  • Basement: No
  • Total Sq Ft: 3654
  • Living Area Sq Ft: 3654
  • Price Per Sq Ft: 113.57
  • Above Grade Finished Sq Ft: 3654
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3805

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Flood Lights
  • Roof: Architectural Shingle
  • Spa: No
  • View: Garden/Lawn, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Parking Lot
  • Number of Spaces in Driveway: 2
  • Parking Lot Number Of Spaces: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Monthly Water Average: 167
  • Water Previous Twelve Months: 2000.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: 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: 274800.00
  • Land Assessed Value: 52000.00
  • Land Use Code: 003
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7248.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R-3
  • Zoning Description: 3 unit apartment building
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Rent Control: No
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13079809
  • Tax Annual Amount: 6910.00
  • Assessor Parcel Number: 0327045579 002A
  • Tax Lot: 002A
  • Tax Total Finished Sq Ft: 3654
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 11/13/2020

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2020
Closed on
Nov 13, 2020
Sold by
Seeley Joseph
Bought by
Stubbs Janae
Seller's Agent
Cleopatra Pappas
American Premier Realty, LLC
Buyer's Agent
Michele Sutherland
Cummings & Co. Realtors
List Price
$415,000
Sold Price
$395,000
Premium/Discount to List
-$20,000
-4.82%
Current Estimated Value
$477,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,151
Avg. Annual Appreciation
4.19%
Original Mortgage
$387,845
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 2007
Sold by
Greco Salvatore and Greco Wf
Bought by
Seeley Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
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
Stubbs Janae $395,000 Mid Atlantic Stlmt Svcs Llc
Seeley Joseph $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stubbs Janae $387,845
Previous Owner Seeley Joseph $217,064
Previous Owner Seeley Joseph $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $395,000 -4.8% $108 / Sq Ft
08/29/2020 08/29/20 For Sale $415,000 -- $114 / 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
2024 $9,165 $390,200 $52,000 $338,200
2023 $8,710 $369,067 $0 $0
2022 $8,211 $347,933 $0 $0
2021 $7,712 $326,800 $52,000 $274,800
2020 $7,311 $309,800 $0 $0
2019 $6,877 $292,800 $0 $0
2018 $6,509 $275,800 $52,000 $223,800
2017 $6,509 $275,800 $0 $0
2016 $6,083 $275,800 $0 $0
2015 $6,083 $280,600 $0 $0
2014 $6,083 $272,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA521942

Bright MLS

APN: 5579-002A