NOT LISTED FOR SALE

3914 Erdman Ave Baltimore, MD 21213

Belair-Edison Neighborhood

Estimated Value: $143,000 - $175,448

Studio
2 Baths
1,566 Sq Ft
$102/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $84,000 $54 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,081/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Traditional Floor Plan
  • Main Floor Bedroom
  • Eat-In Kitchen

About This Home

As of July 2020

LIVE MORTGAGE PAYMENT FREE OR ADD TO RENTAL PORTFOLIO FOR POSITIVE CASH FLOW AND VERY HIGH RATE OF RETURN ON INVESTMENT. THIS 2 UNIT HOME FEATURES 1ST FLOOR 2 LEVEL 2 BR 1 BATH UNIT & 2ND FLOOR 1 BR 1 BA UNIT . 1ST FLOOR RENTAL WAS 750 WITH TENANT PAYING HEATING BILL OR $875 WITH HEAT INCLUDED, 2ND FLOOR RENTED AT $750 SEPARATE GAS & ELECT METERS LEAD FREE CERT INSPECTED WITH CURRENT BALTIMORE CITY RENTAL LICENCE . OWNER

Last Agent to Sell the Property

James Sapia

(410) 547-1116 jamessapia1@gmail.com Century 21 Downtown Listed on: 05/15/2020

Century 21 Downtown

Last Buyer's Agent

Rodney Bennett

(703) 409-6359 metrocondoking@gmail.com Rodney A Bennett

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • Back and Front Yard
  • Ground Rent of $96 per year
  • Property is in average condition

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Main Floor Bedroom
  • Traditional Floor Plan
  • Double Hung Windows
  • Six Panel Doors
  • Wood Flooring
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Parking

  • Public Parking
  • On-Street Parking

Location

  • Urban Location

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for sewer, water, real estate taxes
  • Tax Lot 008
  • Assessor Parcel Number 0326334179N008

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units
  • Income includes apartment rentals
  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Ground Rent
  • Historic: No
  • New Construction: No
  • Year Built: 1955
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal
  • Flooring Type: Hardwood
  • Interior Amenities: Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Eat-In
  • Window Features: Double Hung
  • Fireplace: No
  • Door Features: Six Panel
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 1767
  • Living Area Sq Ft: 1566
  • Price Per Sq Ft: 76.32
  • Above Grade Finished Sq Ft: 1178
  • Below Grade Finished Sq Ft: 388
  • Below Grade Sq Ft: 201
  • Total Below Grade Sq Ft: 589
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Public
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Rear Yard, Front Yard
  • Lot Size Units: Square Feet
  • Property Condition: Average
  • Zoning: R-7
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 96.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Owner Pays: Sewer, Water, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 18000.00
  • Units Furnished: All
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2264.00
  • Assessor Parcel Number: 0326334179N008
  • Tax Lot: 008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Number Of Units Vacant: 2
  • Gross Income: 18000.00
  • Gross Scheduled Income: 19200.00
  • Income Expense List: Annual Ground Rent
  • Income Includes: Apartment Rentals
  • Vacancy Allowance Rate: 20.00

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Jun 9, 2020
Sold by
Hilton Properties Llc
Bought by
Ebhojiaye Vivian
Seller's Agent
James Sapia
Century 21 Downtown
Buyer's Agent
Rodney Bennett
Rodney A Bennett
List Price
$89,900
Sold Price
$84,000
Premium/Discount to List
-$5,900
-6.56%
Current Estimated Value
$159,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,224
Avg. Annual Appreciation
12.10%

Purchase Details

Closed on
Mar 3, 1998
Sold by
Barnes Robert L
Bought by
Sapia James J
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
Ebhojiaye Vivian $84,000 First American Title Ins
Sapia James J $6,910 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2020 07/13/20 Sold $84,000 -6.6% $54 / Sq Ft
05/15/2020 05/15/20 For Sale $89,900 0.0% $57 / Sq Ft
10/25/2012 10/25/12 Rented $725 0.0% --
10/25/2012 10/25/12 Under Contract -- -- --
10/20/2012 10/20/12 For Rent $725 -- --
Source: Bright MLS

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 $3,117 $140,633 -- --
2024 $3,117 $132,700 $30,000 $102,700
2023 $2,880 $122,633 $0 $0
2022 $2,657 $112,567 $0 $0
2021 $2,419 $102,500 $30,000 $72,500
2020 $2,342 $99,233 $0 $0
2019 $2,254 $95,967 $0 $0
2018 $2,188 $92,700 $30,000 $62,700
2017 $2,076 $87,967 $0 $0
2016 $2,553 $83,233 $0 $0
2015 $2,553 $78,500 $0 $0
2014 $2,553 $78,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    James Sapia

    Century 21 Downtown

    (443) 745-6905

    52 Total Sales

    James Sapia
    Section Image
  • Rodney Bennett

    Buyer's Agent in 2020

    Rodney Bennett

    Rodney A Bennett

    (703) 409-6359

    56 Total Sales

    Rodney Bennett
    Section Image
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Map

Source: Bright MLS

MLS Number: MDBA499688

Bright MLS

APN: 4179N-008

Maryland Baltimore City County Baltimore 21213 Belair-Edison

3914 Erdman Ave, Baltimore, MD

Not Listed for Sale

MultiFamily

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