NOT LISTED FOR SALE

Estimated Value: $164,986

-- Bed
2 Baths
2,240 Sq Ft
$74/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $155,000 $69 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $995/month

292 Days on Market

About This Home

As of February 2023

**Strictly AS-IS**. NEW ROOF installed in January! A great investment opportunity that includes a commercially zoned corner storefront with a 2BR/1BA income apartments. Currently, the storefront is a 3 station barbershop with a spacious customer waiting area, a storage room, and a bathroom. In addition, the second-floor apartment features high ceilings, an open concept large living room with an open view of the dining room and kitchen, two sizable bedrooms, and a full bath. This is the ideal investment property for someone seeking to open their own business or renovate to lease out retail space all while earning income from the apartment above too. The current commercial store front is an established barber for over 30 years. The location is ideal with a constant flow of street traffic, and in close proximity to other retail establishments and commuter routes. The two apartments are renovated only a few years ago. This is an opportunity you don't want to pass up!!

Last Agent to Sell the Property

Michael Lathroum

(443) 417-7416 mike@sphometeam.com Compass Listed on: 04/28/2022

Compass

Last Buyer's Agent

Brad Lanasa

(443) 691-6505 brad@aplaceandco.com Douglas Realty, LLC License #671535

Douglas Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,484

Year Built

  • Built in 1920

Lot Details

  • 1,400 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

Utilities

  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 001
  • Assessor Parcel Number 0309013913 001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,484

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Over Storefront
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Fireplace: No
  • Total Sq Ft: 3360
  • Living Area Sq Ft: 2240
  • Price Per Sq Ft: 73.66
  • Above Grade Finished Sq Ft: 2240
  • Below Grade Sq Ft: 1120
  • Total Below Grade Sq Ft: 1120
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4001

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: C
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1400.00
  • Year Assessed: 2022
  • Zoning: R-7
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Long Term
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1484.00
  • Assessor Parcel Number: 0309013913 001
  • Tax Lot: 001
  • Tax Total Finished Sq Ft: 2240
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 02/27/2023

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Mar 16, 2023
Sold by
Tkv Investment Group Llc
Bought by
Craig David and Craig Diane
Seller's Agent
Michael Lathroum
Compass
Buyer's Agent
Brad Lanasa
Douglas Realty, LLC
List Price
$200,000
Sold Price
$155,000
Premium/Discount to List
-$45,000
-22.5%
Views
119
Current Estimated Value
$164,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,986
Avg. Annual Appreciation
2.46%

Purchase Details

Listed on
May 30, 2018
Closed on
Jun 29, 2018
Sold by
Jmb Real Estate Llc
Bought by
Tkv Investment Group Llc
Seller's Agent
Jesse Blumberg
Pickwick Realty
Buyer's Agent
Robert Breeden
Berkshire Hathaway HomeServices Homesale Realty
List Price
$77,000
Sold Price
$65,000
Premium/Discount to List
-$12,000
-15.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.45%

Purchase Details

Closed on
Nov 13, 2017
Sold by
Mcfadden Ernest and Mcfadden Iris J
Bought by
Jmb Real Estate Llc
Source: Public Records

Range of Values:

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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
Craig David $155,000 Micasa Title
Craig David $155,000 --
Craig David $155,000 None Listed On Document
Tkv Investment Group Llc $65,000 Masters Title & Escrow
Jmb Real Estate Llc $42,500 Lakeside Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $155,000 -6.1% $69 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
01/13/2023 01/13/23 Price Changed $165,000 -7.8% $74 / Sq Ft
11/11/2022 11/11/22 Price Changed $179,000 -5.8% $80 / Sq Ft
08/29/2022 08/29/22 Price Changed $190,000 -5.0% $85 / Sq Ft
07/19/2022 07/19/22 For Sale $200,000 0.0% $89 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $200,000 +207.7% $89 / Sq Ft
06/29/2018 06/29/18 Sold $65,000 -15.6% $29 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $77,000 -- $34 / 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 $1,479 $63,000 $7,000 $56,000
2024 $1,479 $62,967 $0 $0
2023 $1,478 $62,933 $0 $0
2022 $1,484 $62,900 $7,000 $55,900
2021 $1,419 $60,133 $0 $0
2020 $1,354 $57,367 $0 $0
2019 $1,282 $54,600 $7,000 $47,600
2018 $1,136 $48,133 $0 $0
2017 $983 $41,667 $0 $0
2016 $898 $35,200 $0 $0
2015 $898 $35,200 $0 $0
2014 $898 $35,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2043084

Bright MLS

APN: 3913-001