NOT LISTED FOR SALE

405 N Chester St Baltimore, MD 21231

Middle East Neighborhood

Estimated Value: $193,811 - $195,000

4 Beds
1 Bath
1,080 Sq Ft
$180/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $165,000 $153 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,299/month

8 Days on Market

Highlights

  • 0.02 Acre Lot
  • No HOA
  • Heating Available

About This Home

As of May 2023

Welcome to this fantastic investment opportunity located at 405 N Chester Street, Baltimore MD! This spacious rowhome features one bedroom, a living room, dining room, and kitchen on the main floor, with three additional bedrooms located upstairs. The second floor of the house offers a view of John Hopkins University.
The dry basement provides additional storage space, making this property an excellent investment opportunity. With consistently paying tenants already in place, this property generates a current annual rent income of $19,800, making it a reliable source of passive income. The main level of the home offers plenty of space for tenants to relax and entertain, with a cozy living room, dining room, and kitchen providing all the necessary amenities. The dry basement provides additional storage space and could be converted into a home office, gym, or entertainment room, adding even more value to this investment property.
Located in a highly desirable and very fast developing neighborhood of Baltimore, this property is close to local parks, cafes, and shops, with easy access to transportation. John Hopkins University is one minute walk. Whether you're looking for a reliable income stream or a long-term investment opportunity, this property is an excellent option.
This property is available for purchase either as a standalone investment or as part of a portfolio of three properties generating a total annual rent income of $60,600.
All of the properties are located within a 3-minute radius of each other.
Addresses for two other properties:
719 N Kenwood Ave, Baltimore MD, 21205.
803 N Montford Ave, Baltimore MD, 21205.

Last Agent to Sell the Property

Artur Fedorov

TTR Sotheby's International Realty License #0225262811 Listed on: 04/20/2023

TTR Sotheby's International Realty

Last Buyer's Agent

Mitchell Toland

Redfin Corp License #649470

Redfin Corp

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,587

Year Built

  • Built in 1910

Lot Details

  • 1,080

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Basement

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • 1,080 Sq Ft Lot
  • Heating Available

Community Details

  • No Home Owners Association
  • Middle East Subdivision

Listing and Financial Details

  • Tax Lot 003
  • Assessor Parcel Number 0306041669 003

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,587

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this fantastic investment opportunity located at 405 N Chester Street, Baltimore MD! This spacious rowhome features one bedroom, a living room, dining room, and kitchen on the main floor, with three additional bedrooms located upstairs. The second floor of the house offers a view of John Hopkins University. The dry basement provides additional storage space, making this property an excellent investment opportunity. With consistently paying tenants already in place, this property generates a current annual rent income of $19,800, making it a reliable source of passive income. The main level of the home offers plenty of space for tenants to relax and entertain, with a cozy living room, dining room, and kitchen providing all the necessary amenities. The dry basement provides additional storage space and could be converted into a home office, gym, or entertainment room, adding even more value to this investment property. Located in a highly desirable and very fast developing neighborhood of Baltimore, this property is close to local parks, cafes, and shops, with easy access to transportation. John Hopkins University is one minute walk. Whether you're looking for a reliable income stream or a long-term investment opportunity, this property is an excellent option. This property is available for purchase either as a standalone investment or as part of a portfolio of three properties generating a total annual rent income of $60,600. All of the properties are located within a 3-minute radius of each other. Addresses for two other properties: 719 N Kenwood Ave, Baltimore MD, 21205. 803 N Montford Ave, Baltimore MD, 21205.
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 1620
  • Living Area Sq Ft: 1080
  • Price Per Sq Ft: 148.06
  • Above Grade Finished Sq Ft: 1080
  • Below Grade Sq Ft: 540
  • Total Below Grade Sq Ft: 540
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 405

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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
  • Heating: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: 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: 82400.00
  • Land Assessed Value: 40000.00
  • Land Use Code: R
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1080.00
  • Year Assessed: 2023
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 19800.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12913700
  • Tax Annual Amount: 3587.00
  • Assessor Parcel Number: 0306041669 003
  • Tax Lot: 003
  • Tax Total Finished Sq Ft: 1080
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/26/2023

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2021
Closed on
Sep 22, 2021
Sold by
Zhang Ying and Wang Yan
Bought by
Eurohouse Llc
Seller's Agent
Wenan Zhao
Signature Home Realty LLC
Buyer's Agent
Alena Sinitsa
EXP Realty, LLC
List Price
$139,900
Sold Price
$124,000
Premium/Discount to List
-$15,900
-11.37%
Current Estimated Value
$194,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,406
Avg. Annual Appreciation
12.52%

Purchase Details

Listed on
Oct 22, 2013
Closed on
Nov 26, 2013
Sold by
Goldberg Ronnie Marc and The Lance Goldberg Trust
Bought by
Zhang Ying and Wang Yan
Seller's Agent
Addy Watson
EXP Realty, LLC
Buyer's Agent
Brenda Fewster
Samson Properties
List Price
$65,000
Sold Price
$70,500
Premium/Discount to List
$5,500
8.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%

Purchase Details

Listed on
Oct 22, 2013
Closed on
Nov 15, 2013
Sold by
Truehart Gerald L and Truehart Beverlyn A
Bought by
Zhang Ying and Wang Yan
Seller's Agent
Addy Watson
EXP Realty, LLC
Buyer's Agent
Brenda Fewster
Samson Properties
List Price
$65,000
Sold Price
$70,500
Premium/Discount to List
$5,500
8.46%

Purchase Details

Closed on
Sep 15, 2004
Sold by
Bird N' H& Ventures Inc
Bought by
Truehart Gerald L and Truehart Bevelyn A

Purchase Details

Closed on
Jul 16, 2004
Sold by
Cozart Cynthia M
Bought by
Bird N' Hand Ventures Inc

Purchase Details

Closed on
Dec 11, 2001
Sold by
Cozart Cynthia
Bought by
Cozart Cynthia
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
Eurohouse Llc $124,000 Title Resources Guaranty Co
Zhang Ying $816 Advantage Title Company
Zhang Ying $70,500 Advantage Title Company
Truehart Gerald L $56,000 --
Bird N' Hand Ventures Inc $30,500 --
Cozart Cynthia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eurohouse Llc $99,000
Previous Owner Truehart Gerald L $46,822
Previous Owner Truehart Gerald L $53,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $165,000 +3.2% $153 / Sq Ft
04/20/2023 04/20/23 For Sale $159,900 +29.0% $148 / Sq Ft
09/22/2021 09/22/21 Sold $124,000 -11.4% $115 / Sq Ft
08/20/2021 08/20/21 For Sale $139,900 0.0% $130 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
05/19/2021 05/19/21 Price Changed $139,900 0.0% $130 / Sq Ft
05/19/2021 05/19/21 For Sale $139,900 -6.7% $130 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
04/01/2021 04/01/21 Price Changed $149,900 -6.3% $139 / Sq Ft
03/06/2021 03/06/21 For Sale $159,900 +126.8% $148 / Sq Ft
11/19/2013 11/19/13 Sold $70,500 +8.5% $65 / Sq Ft
10/29/2013 10/29/13 Pending -- -- --
10/22/2013 10/22/13 For Sale $65,000 -- $60 / 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 $2,875 $122,400 $40,000 $82,400
2024 $2,875 $122,400 $40,000 $82,400
2023 $2,875 $122,400 $40,000 $82,400
2022 $3,587 $152,000 $40,000 $112,000
2021 $3,484 $147,633 $0 $0
2020 $3,381 $143,267 $0 $0
2019 $3,262 $138,900 $40,000 $98,900
2018 $3,214 $136,167 $0 $0
2017 $3,149 $133,433 $0 $0
2016 $3,079 $130,700 $0 $0
2015 $3,079 $110,467 $0 $0
2014 $3,079 $90,233 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Artur Fedorov

    Seller's Agent in 2023

    Artur Fedorov

    TTR Sotheby's International Realty

    (571) 550-5533

    1 in this area

    20 Total Sales

    Artur Fedorov
    Section Image

  • W

    Seller's Agent in 2021

    Wenan Zhao

    Signature Home Realty LLC

    (443) 386-9741

    2 in this area

    14 Total Sales

    Wenan Zhao
    Section Image
  • Alena Sinitsa

    Buyer's Agent in 2021

    Alena Sinitsa

    EXP Realty, LLC

    (443) 813-7298

    1 in this area

    8 Total Sales

    Alena Sinitsa
    Section Image
  • Addy Watson

    Seller's Agent in 2013

    Addy Watson

    EXP Realty, LLC

    (443) 250-6440

    70 Total Sales

    Addy Watson
    Section Image
  • Brenda Fewster

    Buyer's Agent in 2013

    Brenda Fewster

    Samson Properties

    (410) 499-5400

    16 Total Sales

    Brenda Fewster
    Section Image
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Map

Source: Bright MLS

MLS Number: MDBA2082768

Bright MLS

APN: 1669-003

Maryland Baltimore City County Baltimore 21231 Middle East

405 N Chester St, Baltimore, MD

This home is located at 405 N Chester St, Baltimore, MD 21231 since 20 April 2023 and is currently estimated at $194,406, approximately $180 per square foot. This property was built in 1910. 405 N Chester St is a home located in Baltimore City with nearby schools including Commodore John Rogers Elementary School, Booker T. Washington Middle School, and Paul Laurence Dunbar Community High School.

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