NOT LISTED FOR SALE

422 Arsan Ave Baltimore, MD 21225

-- Bed
-- Bath
3,690 Sq Ft
7,200 Sq Ft Lot

Last Sold December 18, 2015

Last sale price $335,000 $91 Per Sq Ft

Highlights

  • No HOA
  • Baseboard Heating
  • 5-minute walk to Garrett Park
  • Window Unit Cooling System
  • Property is in very good condition

About This Home

As of December 2015

8 unit building investment opportunity, cash flow positive & currently at full occupancy. Metered sep. & have electric baseboard heat & window unit A/C. Basement common area laundry w/6 storage units. Most apts updated in last 10 years. Newer roof w/15 yr warr. & newer windows. Across the street from Fire Dept & minutes to Fed Hill, shopping, restaurants, the beltway, Rt 95 & Med Star Hospital.

Last Agent to Sell the Property

Corey Campbell

(410) 236-1339 corey@campbellhomegroup.com EXP Realty, LLC License #RSR000495 Listed on: 03/11/2015

EXP Realty, LLC

Co-Listed By

Nick Kellar

(443) 375-2224 nick@atlaspremierrealty.com VYBE Realty License #581473

Last Buyer's Agent

Charlie Van Swol

(443) 280-2887 Charlie.MDRealEstate@gmail.com Cummings & Co. Realtors License #604985

Cummings & Co. Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,587

Year Built

  • Built in 1964

Lot Details

  • 7,200 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Brick Exterior Construction

Kitchen

  • Electric Oven or Range
  • Dishwasher

Improved Basement

  • Basement with some natural light

Parking

  • On-Street Parking
  • Off-Street Parking
  • Unassigned Parking

Schools

  • Maree Garnett Farring Elementary School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for advertising/licenses and permits, insurance, repairs, miscellaneous, real estate taxes
  • Tax Lot 015
  • Assessor Parcel Number 0325067053A015

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • Operating Expense $23,410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,587

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1964
  • Remarks Public: 8 unit building investment opportunity, cash flow positive & currently at full occupancy. Metered sep. & have electric baseboard heat & window unit A/C. Basement common area laundry w/6 storage units. Most apts updated in last 10 years. Newer roof w/15 yr warr. & newer windows. Across the street from Fire Dept & minutes to Fed Hill, shopping, restaurants, the beltway, Rt 95 & Med Star Hospital.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Dishwasher
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Daylight, Partial, Improved, Unfinished
  • Price Per Sq Ft: 90.79
  • Street Number Modifier: 422

Exterior Features

  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • Elementary School: MAREE GARNETT FARRING
  • School District Key: 121137830454
  • Elementary School: MAREE GARNETT FARRING

Lot Info

  • Improvement Assessed Value: 285500.00
  • Land Assessed Value: 36000.00
  • Lot Size Acres: 0.17
  • Lot Size Area: 7200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7200.00
  • Possible Use: Residential
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: 0R070
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Advertising/Licenses And Permits, Insurance, Repairs, Miscellaneous, Taxes - Real Estate
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13044622
  • Tax Annual Amount: 7587.40
  • Assessor Parcel Number: 0325067053A015
  • Tax Lot: 015
  • Tax Total Finished Sq Ft: 3690
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 12/18/2015

Multi Family

  • Gross Income: 64889.75
  • Metering: Electric Separate
  • Operating Expense: 23410.00
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2015 12/18/15 Sold $335,000 -4.3% $91 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $350,000 -- $95 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001121319

Bright MLS