NOT LISTED FOR SALE

Estimated Value: $361,900 - $382,000

-- Bed
3 Baths
2,835 Sq Ft
$131/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $323,300 $114 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,580/month

36 Days on Market

About This Home

As of July 2022

List price to be opening bid. Online Auction Only! Bidding begins Saturday, May 14th, 2022 & ends Thursday, May 19th, 2022 @ 12:00PM. 3 Unit Apartment Building in the "Forest Park" Neighborhood of Baltimore City, **Gross Scheduled Annual Rent of $44,400** Location: The Forest Park neighborhood contains a mix of detached and townhouse properties. There are also a number of multi-family properties. Most neighborhood storefronts are located along Liberty Heights Ave. There is easy access to the Baltimore Beltway, I-95 and downtown Baltimore. Unit Rent & Description: Current Scheduled Gross Monthly Rent Of $3,700. Current Scheduled Gross Annual Rent Of: $44,400. Unit 1: 2 BR/2BA currently rented for $1,200/month (Tenants pay their own utilities). Unit 2: 2 BR plus Den/1 BA Currently rented for $1,200/month. Unit 3: 2BR/1BA $1,300/month (Includes utilities). Tenant is on rental assitance for the full amount. Each unit is separately metered. All the hot water heaters are in the lower level. The owner pays water/sewer, insurance, taxes, and utilities for the common area.

Last Agent to Sell the Property

Matt Cooper

Alex Cooper Auctioneers, Inc. License #BR704493 Listed on: 04/25/2022

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,694

Year Built

  • Built in 1920

Lot Details

  • 10,000

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Vinyl Siding

Additional Features

  • 10,000 Sq Ft Lot
  • Heating Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 005
  • Assessor Parcel Number 0315022738 005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,694

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: List price to be opening bid. Online Auction Only! Bidding begins Saturday, May 14th, 2022 & ends Thursday, May 19th, 2022 @ 12:00PM. 3 Unit Apartment Building in the "Forest Park" Neighborhood of Baltimore City, **Gross Scheduled Annual Rent of $44,400** Location: The Forest Park neighborhood contains a mix of detached and townhouse properties. There are also a number of multi-family properties. Most neighborhood storefronts are located along Liberty Heights Ave. There is easy access to the Baltimore Beltway, I-95 and downtown Baltimore. Unit Rent & Description: Current Scheduled Gross Monthly Rent Of $3,700. Current Scheduled Gross Annual Rent Of: $44,400. Unit 1: 2 BR/2BA currently rented for $1,200/month (Tenants pay their own utilities). Unit 2: 2 BR plus Den/1 BA Currently rented for $1,200/month. Unit 3: 2BR/1BA $1,300/month (Includes utilities). Tenant is on rental assitance for the full amount. Each unit is separately metered. All the hot water heaters are in the lower level. The owner pays water/sewer, insurance, taxes, and utilities for the common area.
  • Special Features: Auction

Interior Features

  • Foundation Details: Other
  • Total Sq Ft: 3955
  • Living Area Sq Ft: 2835
  • Price Per Sq Ft: 52.91
  • Above Grade Finished Sq Ft: 2835
  • Below Grade Sq Ft: 1120
  • Total Below Grade Sq Ft: 1120
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4007

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • 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: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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: 110700.00
  • Land Assessed Value: 52000.00
  • Land Use Code: R
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Year Assessed: 2022
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12970773
  • Tax Annual Amount: 3694.00
  • Assessor Parcel Number: 0315022738 005
  • Tax Lot: 005
  • Tax Total Finished Sq Ft: 2835
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 07/26/2022

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Jul 25, 2022
Sold by
Swai Investments Llc
Bought by
Veeraiah Umesh and Arkacharya Shailaja
Seller's Agent
Matt Cooper
Alex Cooper Auctioneers, Inc.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$150,000
Sold Price
$323,300
Premium/Discount to List
$173,300
115.53%
Total Days on Market
36
Current Estimated Value
$371,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,650
Avg. Annual Appreciation
4.84%
Original Mortgage
$234,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2022
Closed on
Jul 18, 2022
Sold by
Fna Maryland Llc
Bought by
Swai Investments Llc
Seller's Agent
Matt Cooper
Alex Cooper Auctioneers, Inc.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$150,000
Sold Price
$323,300
Premium/Discount to List
$173,300
115.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2018
Sold by
Mac2 Llc
Bought by
Swai Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2018
Sold by
Fna Maryland Llc
Bought by
Mac2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2017
Sold by
Raymond Henry
Bought by
Fna Maryland Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2011
Sold by
4007 Springdale Management Llc
Bought by
Bump Bump Wump Of Gump Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2010
Sold by
Najee Ullah Tariq S
Bought by
Bump Bump Wump Of Gump Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2007
Sold by
Atta Said

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
9.6%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 23, 2005
Sold by
Development Group Llc The
Bought by
Atta Said

Purchase Details

Closed on
Aug 7, 2001
Sold by
Household Finance Corporation
Bought by
Development Group Llc The

Purchase Details

Closed on
Dec 19, 2000
Sold by
Rodgers David
Bought by
Household Finance Corporation

Purchase Details

Closed on
Dec 13, 1995
Sold by
Amon T Bowman Wf
Bought by
Rodgers David
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
Veeraiah Umesh $323,300 --
Swai Investments Llc -- --
Swai Investments Llc $123,000 The Atlantic Title Group
Mac2 Llc $72,000 The Atlantic Title Group
Fna Maryland Llc $55,000 None Available
Bump Bump Wump Of Gump Llc $83,000 --
Bump Bump Wump Of Gump Llc $45,000 --
4007 Springdale Management Llc $45,000 --
-- $180,000 --
Atta Said $102,000 --
Development Group Llc The $45,000 --
Household Finance Corporation $60,000 --
Rodgers David $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Veeraiah Umesh $234,000
Previous Owner Sw Ai Investment Llc $98,280
Previous Owner Swai Investments Llc $125,000
Previous Owner Sw Al Investmesnts Llc $125,000
Previous Owner Mac2 Llc $125,000
Previous Owner Fna Maryland Llc $125,000
Previous Owner Bump Bump Wump Of Gump Llc $100,000
Previous Owner Bump Bump Wump Of Gump Llc $100,000
Previous Owner 4007 Springdale Management Llc $143,500
Previous Owner 4007 Springdale Management Llc $143,500
Previous Owner -- $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2022 07/26/22 Sold $323,300 +115.5% $114 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $150,000 -- $53 / 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 $5,971 $166,767 $0 $0
2023 $3,869 $164,733 $0 $0
2022 $3,840 $162,700 $52,000 $110,700
2021 $3,694 $156,533 $0 $0
2020 $3,549 $150,367 $0 $0
2019 $3,387 $144,200 $52,000 $92,200
2018 $4,338 $183,800 $52,000 $131,800
2017 $4,338 $183,800 $0 $0
2016 $3,371 $190,700 $0 $0
2015 $3,371 $174,567 $0 $0
2014 $3,371 $158,433 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2042604

Bright MLS

APN: 2738-005