NOT LISTED FOR SALE

500 E 41st St Baltimore, MD 21218

Pen Lucy Neighborhood

Estimated Value: $265,802

Studio
4 Baths
1,942 Sq Ft
$137/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2017

Last sale price $265,000 $136 Per Sq Ft

Current estimated payment $1,800 / mo

12 Days on Market

Highlights

  • No HOA
  • Radiator
  • 3-minute walk to Mullan Park
  • Double Pane Windows

About This Home

As of February 2017

Investment Opportunity. Well maintained 2 properties with total of 8 Apts( 2-2 BR, Apts, 6-1 BR Apts). Price includes 500 & 502 E. 41st St. Each Building has 4 apts. Long term tenants w/below market rents.Sep Metered elec. New Boilers(12/16 1/17)&, New Windows, updated Kitchens & BA. Lead Certs, Multifamily Licenses. Located behind F. C. F. Church. Close to public trans. At least 48 hr notice

Last Agent to Sell the Property

Michael Levine

(703) 378-8810 donnysamson@samsonproperties.net Samson Properties License #612734 Listed on: 01/23/2017

Last Buyer's Agent

Regina Summers

regina@premierhomesmd.com NextHome Leaders License #MRIS:3091191

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,771

Year Built

  • Built in 1915

Lot Details

  • 7,200 Sq Ft Lot

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Double Pane Windows
  • Unfinished Basement
  • Exterior Basement Entry

Kitchen

  • Stove
  • Dishwasher

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 011
  • Assessor Parcel Number 0309013900 011

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Pen Lucy Subdivision

Building Details

  • Operating Expense $35,000
  • Net Operating Income $28,656

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,771

Year Built

Built in 1915

Lot Details

7,200 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Stove, Dishwasher, Water Heater
  • Window Features: Double Pane
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Unfinished
  • Price Per Sq Ft: 139.03

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof: Asphalt
  • 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, On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 87400.00
  • Land Assessed Value: 30000.00
  • Lot Size Acres: 0.17
  • Lot Size Area: 7200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7200.00
  • Zoning: 0R060
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12933031
  • Tax Annual Amount: 2770.64
  • Assessor Parcel Number: 0309013900 011
  • Tax Lot: 011
  • Tax Year: 2015

Multi Family

  • Gross Income: 54040.00
  • Metering: Electric Separate
  • Operating Expense: 35000.00

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2002
Sold by
Webb Larry E
Bought by
Current Estimated Value
$265,802
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Pen Lucy, MD

  • Rasheed Oridedi Real Estate Agent - Keller Williams Legacy

    Rasheed Oridedi

    Keller Williams Legacy

    (443) 331-9592

    19 Total Sales

    1 in Pen Lucy

    $290,000 Price

    Rasheed Oridedi
     Section Image
  • Bob Lucido Real Estate Agent - Keller Williams Lucido Agency

    Bob Lucido

    Keller Williams Lucido Agency

    (667) 303-1729

    2,553 Total Sales

    3 in Pen Lucy

    $112K - $169K Price Range

    Bob Lucido
     Section Image
  • Towania Riller Real Estate Agent - Long & Foster Real Estate, Inc.

    Towania Riller

    Long & Foster Real Estate, Inc.

    (240) 222-5379

    82 Total Sales

    1 in Pen Lucy

    $150,000 Price

    Towania Riller
     Section Image
  • Engels De Leon Real Estate Agent - Samson Properties

    Engels De Leon

    Samson Properties

    (855) 509-0932

    57 Total Sales

    1 in Pen Lucy

    $200,000 Price

    Engels De Leon
     Section Image
  • Trent Gladstone Real Estate Agent - The KW Collective

    Trent Gladstone

    The KW Collective

    (667) 218-4642

    264 Total Sales

    1 in Pen Lucy

    $395,500 Price

    Trent Gladstone
     Section Image
  • Nicholas Badalian Real Estate Agent - Fathom Realty MD, LLC

    Nicholas Badalian

    Fathom Realty MD, LLC

    (667) 239-8638

    110 Total Sales

    1 in Pen Lucy

    $231,500 Price

    Nicholas Badalian
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$100,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/28/2017 02/28/17 Sold $265,000 -1.9% $136 / Sq Ft
02/04/2017 02/04/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $270,000 -- $139 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,587 $152,700 $30,000 $122,700
2024 $3,300 $140,500
2023 $3,013 $128,300 $0 $0
2022 $2,740 $116,100 $30,000 $86,100
2021 $2,740 $116,100 $30,000 $86,100
2020 $2,740 $116,100 $30,000 $86,100
2019 $2,757 $117,400 $30,000 $87,400
2018 $2,771 $117,400 $30,000 $87,400
2017 $2,771 $117,400 $0 $0
2016 $2,873 $117,400 $0 $0
2015 $2,873 $117,400 $0 $0
2014 $2,873 $117,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Levine Real Estate Agent - Samson Properties

    Seller's Agent in 2017

    Michael Levine

    Samson Properties

    (443) 690-3990

    35 Total Sales

    Michael Levine
    Section Image

  • RS

    Buyer's Agent in 2017

    Regina Summers

    NextHome Leaders

See All Agents

Map

Source: Bright MLS

MLS Number: 1001162773

Bright MLS

APN: 3900-011

Maryland Baltimore City County Baltimore 21218 Pen Lucy

500 E 41st St, Baltimore, MD

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