NOT LISTED FOR SALE

4229 Nicholas Ave Baltimore, MD 21206

Frankford Neighborhood

Estimated Value: $113,860 - $116,000

3 Beds
1 Bath
1,170 Sq Ft
$98/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $75,000 $64 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $793/month

72 Days on Market

Highlights

  • Traditional Floor Plan
  • Bonus Room
  • Galley Kitchen
  • Traditional Architecture
  • No HOA
  • Bathtub with Shower

About This Home

As of August 2021

Perfect opportunity for the investors who want to expand their rental portfolio. Tenant in place through May 2022. Rental income is $950 per month. Long-time renter has maintained the property in good condition. This home features 3 bedrooms with 1 full bath, Kitchen with a bump-out pantry, Separate Dining room and Separate Living room. Furnace replaced in 2017, NEW ROOF 2021, Sewer line replacement 2014, in 2020 Security doors and windows were installed. Full basement provides for ample storage. Backyard is enclosed by privacy fence. This home is sold AS IS, inspections for informational purposes only.

Last Agent to Sell the Property

Olivia Palmiotto

Monument Sotheby's International Realty Listed on: 05/15/2021

Co-Listed By

Elizabeth Monteleone

Monument Sotheby's International Realty License #ABR004025

Last Buyer's Agent

Marlene Jordan

Conway Real Estate License #655240

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,871

Year Built

  • Built in 1928

Lot Details

  • Back Yard
  • Property is in good condition

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,170 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Living Room
  • Dining Room
  • Bonus Room
  • Carpet
  • Partially Finished Basement

Kitchen

  • Galley Kitchen
  • Stove
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Radiator
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 017
  • Assessor Parcel Number 0326405930 017

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,871

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Ground Rent
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-05-15
  • Year Built: 1928
  • Automatically Close On Close Date: No
  • Remarks Public: Perfect opportunity for the investors who want to expand their rental portfolio. Tenant in place through May 2022. Rental income is $950 per month. Long-time renter has maintained the property in good condition. This home features 3 bedrooms with 1 full bath, Kitchen with a bump-out pantry, Separate Dining room and Separate Living room. Furnace replaced in 2017, NEW ROOF 2021, Sewer line replacement 2014, in 2020 Security doors and windows were installed. Full basement provides for ample storage. Backyard is enclosed by privacy fence. This home is sold AS IS, inspections for informational purposes only.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Disposal, Refrigerator, Stove, Washer, Dryer
  • Interior Amenities: Carpet, Dining Area, Floor Plan - Traditional, Kitchen - Galley, Pantry, Tub Shower
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Kitchen, Basement, Bonus Room
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 1170
  • Living Area Sq Ft: 1170
  • Price Per Sq Ft: 76.84
  • Above Grade Finished Sq Ft: 1170
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4229

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper 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: Off Street

Utilities

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

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: 49300.00
  • Land Assessed Value: 30000.00
  • Land Use Code: 003
  • Lot Features: Rear Yard
  • Lot Size Units: Square Feet
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: R-7
  • In City Limits: Yes

Rental Info

  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13069394
  • Tax Annual Amount: 1871.00
  • Assessor Parcel Number: 0326405930 017
  • Tax Lot: 017
  • Tax Total Finished Sq Ft: 1170
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 08/27/2021

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Aug 27, 2021
Sold by
Robinson Kenneth B
Bought by
Alobaidi Ramiz and Salman Marwah
Seller's Agent
Olivia Palmiotto
Monument Sotheby's International Realty
Buyer's Agent
Marlene Jordan
Conway Real Estate
List Price
$100,000
Sold Price
$75,000
Premium/Discount to List
-$25,000
-25%
Current Estimated Value
$114,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,930
Avg. Annual Appreciation
10.05%
Original Mortgage
$60,000
Interest Rate
5%
Mortgage Type
New Conventional
Source: Public Records

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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
Alobaidi Ramiz $75,000 Universal Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alobaidi Ramiz $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $75,000 -16.6% $64 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
06/03/2021 06/03/21 Price Changed $89,900 -10.1% $77 / Sq Ft
05/15/2021 05/15/21 For Sale $100,000 0.0% $85 / Sq Ft
12/21/2013 12/21/13 Rented $1,100 0.0% --
12/21/2013 12/21/13 Under Contract -- -- --
12/21/2013 12/21/13 For Rent $1,100 -- --
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 $1,839 $78,300 $30,000 $48,300
2023 $1,839 $78,300 $30,000 $48,300
2022 $1,848 $78,300 $30,000 $48,300
2021 $1,871 $79,300 $30,000 $49,300
2020 $1,732 $79,300 $30,000 $49,300
2019 $1,723 $79,300 $30,000 $49,300
2018 $2,027 $92,500 $30,000 $62,500
2017 $2,047 $92,500 $0 $0
2016 $1,328 $92,500 $0 $0
2015 $1,328 $94,300 $0 $0
2014 $1,328 $93,867 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Olivia Palmiotto

    Seller's Agent in 2021

    Olivia Palmiotto

    Monument Sotheby's International Realty

    (410) 404-5058

    1 in this area

    49 Total Sales

    Olivia Palmiotto
    Section Image
  • Elizabeth Monteleone

    Seller Co-Listing Agent in 2021

    Elizabeth Monteleone

    Monument Sotheby's International Realty

    (410) 800-7922

    2 in this area

    116 Total Sales

    Elizabeth Monteleone
    Section Image
  • Marlene Jordan

    Buyer's Agent in 2021

    Marlene Jordan

    Conway Real Estate

    (443) 694-4088

    1 in this area

    25 Total Sales

    Marlene Jordan
    Section Image

  • T

    Seller Co-Listing Agent in 2013

    Tom Monteleone

    RE/MAX

See All Agents

Map

Source: Bright MLS

MLS Number: MDBA550960

Bright MLS

APN: 5930-017

Maryland Baltimore City County Baltimore 21206 Frankford

4229 Nicholas Ave, Baltimore, MD

This home is located at 4229 Nicholas Ave, Baltimore, MD 21206 since 15 May 2021 and is currently estimated at $114,930, approximately $98 per square foot. This property was built in 1928. 4229 Nicholas Ave is a home located in Baltimore City with nearby schools including Furley Elementary School, Booker T. Washington Middle School, and Paul Laurence Dunbar Community High School.

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