NOT LISTED FOR SALE

50 N Gorman Ave Baltimore, MD 21223

Lexington Neighborhood

Estimated Value: $63,000

2 Beds
1 Bath
-- Sq Ft
910 Sq Ft Lot

Last Sold September 28, 2023

Last sale price $18,000

Est. 250% increase in value since last sale

Current estimated payment $373/month

21 Days on Market

Highlights

  • Federal Architecture
  • Forced Air Heating System
  • 3-minute walk to Warwick Avenue Park
  • No HOA

About This Home

As of September 2023

ONLINE AUCTION: Bidding begins 9/6/2023 @ 10:00 AM. Bidding ends 9/8/2023 @ 11:20 AM. List Price is Suggested Opening Bid. Deposit: $5,000. 10% Buyer's Premium will be added to the high bid. 2 Story Townhouse located in the Penrose/Fayette Street Outreach area. JUST MINUTES to Bon Secours Hospital, Vincent St Park & the West Baltimore Marc Station. Easy access to major traffic artery MD Route 40 (W Mulberry St).

Last Agent to Sell the Property

Adam Shpritz

(410) 365-3595 adam@ashlandauction.com Ashland Auction Group LLC License #RMR004765 Listed on: 08/21/2023

Co-Listed By

Lee Shpritz

(410) 488-3124 lee@ashlandauction.com Ashland Auction Group LLC

Last Buyer's Agent

Adam Shpritz

(410) 365-3595 adam@ashlandauction.com Ashland Auction Group LLC License #RMR004765 Listed on: 08/21/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $302

Year Built

  • Built in 1920

Lot Details

  • 910 Sq Ft Lot
  • Ground Rent of $90 semi-annually

Parking

  • On-Street Parking

Home Design

  • Federal Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Property has 2 Levels
  • Forced Air Heating System
  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Penrose Subdivision

Listing and Financial Details

  • Tax Lot 051
  • Assessor Parcel Number 0320142153 051

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$302

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Ground Rent
  • New Construction: No
  • Story List: Main
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: Auction
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 50

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • 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

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.02
  • Lot Dimensions: 13-8X70
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 910.00
  • Year Assessed: 2023
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 90.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Semi-Annually
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 302.00
  • Assessor Parcel Number: 0320142153 051
  • Tax Lot: 051
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/28/2023

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2024
Sold by
All Service Group Llc
Bought by
Dreamkey Homes Llc
Current Estimated Value
$63,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.12%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Dreamkey Homes Llc $75,000 Terrain Title
Dreamkey Homes Llc $75,000 Terrain Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dreamkey Homes Llc $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $18,000 +80.0% --
09/11/2023 09/11/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $10,000 -- --
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 $463 $25,367 -- --
2024 $463 $19,733 $0 $0
2023 $331 $14,100 $3,000 $11,100
2022 $302 $12,800 $0 $0
2021 $271 $11,500 $0 $0
2020 $241 $10,200 $2,000 $8,200
2019 $240 $10,200 $2,000 $8,200
2018 $241 $10,200 $2,000 $8,200
2017 $354 $15,000 $0 $0
2016 -- $15,000 $0 $0
2015 $400 $15,000 $0 $0
2014 $400 $17,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Shpritz

    Seller's Agent in 2023

    Adam Shpritz

    Ashland Auction Group LLC

    (410) 365-3595

    100 in this area

    3,915 Total Sales

    Adam Shpritz
    Section Image
  • Lee Shpritz

    Seller Co-Listing Agent in 2023

    Lee Shpritz

    Ashland Auction Group LLC

    (410) 488-3124

    99 in this area

    3,812 Total Sales

    Lee Shpritz
    Section Image
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Map

Source: Bright MLS

MLS Number: MDBA2096392

Bright MLS

APN: 2153-051

Maryland Baltimore City County Baltimore 21223 Lexington

50 N Gorman Ave, Baltimore, MD

This home is located at 50 N Gorman Ave, Baltimore, MD 21223 since 21 August 2023 and is currently estimated at $63,000. This property was built in 1920. 50 N Gorman Ave is a home located in Baltimore City with nearby schools including Mary Ann Winterling Elementary School, Booker T. Washington Middle School, and Edmondson Westside High School.

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