NOT LISTED FOR SALE

406 E Patapsco Ave Brooklyn, MD 21225

Estimated Value: $76,000 - $143,578

-- Bed
2 Baths
2,432 Sq Ft
$45/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $21,000 $9 Per Sq Ft

Est. 423% increase in value since last sale

Current estimated payment $668/month

55 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 3-minute walk to Garrett Park

About This Home

As of January 2015

This 2 unit is a great opportunity for a handy owner occupant or investor. Each unit is 2 bedroom 1 bath with an efficiency kitchen. Units do need work to be rentable/livable. Please take a flashlight and use caution.

Last Agent to Sell the Property

Darren McShane

(410) 746-7076 darren@realtyinbaltimore.com Cummings & Co. Realtors License #RSR002057 Listed on: 09/30/2014

Cummings & Co. Realtors

Last Buyer's Agent

Calvin Parris

(202) 345-8370 cep6033@verizon.net RE/MAX Advantage Realty License #597189

RE/MAX Advantage Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Combination Foundation
  • Composite Building Materials

Basement

  • Side Exterior Basement Entry
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • 2 Units
  • Brooklyn Subdivision

Listing and Financial Details

  • Tax Lot 004
  • Assessor Parcel Number 0325067075 004

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: Yes
  • Basement Type: Side Entrance, Outside Entrance, Combination
  • Price Per Sq Ft: 10.65

Exterior Features

  • Construction Materials: Brick, Combination, Composition
  • Construction Completed: No
  • 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: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 63200.00
  • Land Assessed Value: 7000.00
  • Lot Size Units: Square Feet
  • Zoning: 0B022
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13045055
  • Tax Annual Amount: 1656.72
  • Assessor Parcel Number: 0325067075 004
  • Tax Lot: 004
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Multi Family

  • Vacancy Allowance Rate: 100.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2014
Closed on
Dec 18, 2014
Sold by
U S Bank National Association
Bought by
Aishas Property Management Llc
Seller's Agent
Darren McShane
Cummings & Co. Realtors
Buyer's Agent
Calvin Parris
RE/MAX Advantage Realty
List Price
$29,900
Sold Price
$21,000
Premium/Discount to List
-$8,900
-29.77%
Current Estimated Value
$109,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,789
Avg. Annual Appreciation
16.39%

Purchase Details

Closed on
Jun 26, 2014
Sold by
Penn Daryl
Bought by
U S Bank National Association

Purchase Details

Closed on
Nov 12, 2004
Sold by
Coulbourn Barbara A
Bought by
Penn Daryl

Purchase Details

Closed on
Aug 17, 2004
Sold by
Coulbourn Barbara A
Bought by
Penn Daryl
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aishas Property Management Llc $21,000 Stewart Title Guaranty Co
U S Bank National Association $64,600 Attorney
Penn Daryl $45,000 --
Penn Daryl $45,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2015 01/30/15 Sold $21,000 -29.8% $9 / Sq Ft
11/24/2014 11/24/14 Pending -- -- --
09/30/2014 09/30/14 For Sale $29,900 -- $12 / 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 $1,121 $51,467 -- --
2024 $1,121 $47,733 $0 $0
2023 $1,033 $44,000 $9,000 $35,000
2022 $1,007 $42,667 $0 $0
2021 $975 $41,333 $0 $0
2020 $944 $40,000 $9,000 $31,000
2019 $940 $40,000 $9,000 $31,000
2018 $944 $40,000 $9,000 $31,000
2017 $1,890 $80,100 $0 $0
2016 $1,663 $76,800 $0 $0
2015 $1,663 $73,500 $0 $0
2014 $1,663 $70,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003218096

Bright MLS

APN: 7075-004