NOT LISTED FOR SALE

502 Baltic Ave Brooklyn, MD 21225

Brooklyn Area

Estimated Value: $110,421 - $203,000

Studio
2 Baths
1,284 Sq Ft
$122/Sq Ft Est. Value

Sale Details

Date Sold: February 14, 2017

Last sale price $50,500 $39 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $954 / mo

11 Days on Market

Highlights

  • Space For Rooms
  • Cooling Available
  • Ceiling Fan
  • No HOA
  • Forced Air Heating System

About This Home

As of February 2017

2 unit townhouse with covered front porch. Both units have current leases with tenants that have been there long-term and this is a turn-key operation. Basement has a single room that can be used with access from the first-floor unit. There is a 24 hour notice to gain access to the property.

Last Agent to Sell the Property

Ron Monk

(410) 823-0033 realtor@cummingsrealtors.com Cummings & Co. Realtors Listed on: 01/20/2017

Cummings & Co. Realtors

Last Buyer's Agent

Heather Frees

(410) 255-3690 hfreesrealtor@gmail.com Douglas Realty, LLC

Douglas Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 1,786

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry
  • Space For Rooms

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 002
  • Assessor Parcel Number 0325067055 002

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Brooklyn Subdivision

Building Details

  • Operating Expense $6,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

1,786 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Full, Partially Finished, Space For Rooms
  • Price Per Sq Ft: 38.94

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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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

Lot Info

  • Improvement Assessed Value: 64100.00
  • Land Assessed Value: 16000.00
  • Property Attached Yn: Yes
  • Zoning: 0R070
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13044638
  • Tax Annual Amount: 1812.48
  • Assessor Parcel Number: 0325067055 002
  • Tax Lot: 002
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

Multi Family

  • Gross Income: 16260.00
  • Operating Expense: 6500.00

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

Listed on
Jan 20, 2017
Closed on
Feb 14, 2017
Sold by
Bought by
Seller's Agent
Ron Monk
Cummings & Co. Realtors
Buyer's Agent
Heather Frees
Douglas Realty, LLC
List Price
$50,000
Sold Price
$50,500
Premium/Discount to List
$500
1%
Current Estimated Value
$156,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,211
Avg. Annual Appreciation
12.69%
Original Mortgage
$50,000
Interest Rate
0.0412%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2005
Sold by
Bought by

Purchase Details

Closed on
Feb 19, 2004
Sold by
Bought by

Purchase Details

Closed on
Feb 6, 1995
Sold by
Bought by

Purchase Details

Closed on
Aug 3, 1994
Sold by
Bought by
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

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
$50,500 United Title & Escrow Inc
-- --
$45,900 --
$22,500 --
$37,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Closed $50,000
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
02/14/2017 02/14/17 Sold $50,500 +1.0% $39 / Sq Ft
01/31/2017 01/31/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $50,000 -- $39 / 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 $1,121 $51,467
2024 $1,121 $47,733
2023 $1,038 $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

  • Ron Monk

    Seller's Agent in 2017

    Ron Monk

    Cummings & Co Realtors

    (410) 533-4447

    26 Total Sales

    Ron Monk
    Section Image
  • Heather Frees

    Buyer's Agent in 2017

    Heather Frees

    Douglas Realty, LLC

    (443) 906-3494

    42 Total Sales

    Heather Frees
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001162659

Bright MLS

APN: 7055-002

Maryland Baltimore City County Brooklyn 21225

502 Baltic Ave, Brooklyn, MD

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