Seller's Agent in 2023
Garet Turner
EXP Realty, LLC
(202) 441-2362
1 in this area
12 Total Sales
502 N Collington Ave Baltimore, MD 21205
Middle East NeighborhoodEstimated Value: $162,624 - $163,000
2
Beds
1
Bath
--
Sq Ft
845
Sq Ft Lot
Highlights
- 0.02 Acre Lot
- No HOA
- Forced Air Heating and Cooling System
- Federal Architecture
- Patio
- South Facing Home
About This Home
As of November 2023Discover this meticulously maintained 2-bedroom, 1-bathroom gem, nestled in a prime location, walking distance to Johns Hopkins University (JHU) Medical Center. With a current month-to-month HCVP tenant in place, generating a robust annual cash flow of nearly $16,000, this property offers a golden investment opportunity. The well-crafted interior boasts comfortable living spaces flooded with natural light, providing tenants with a cozy haven to call home.
Featuring a tastefully designed layout, this property not only aligns with the 1% rule but also holds the potential for increased rent through a pending request with HCVP. The current tenant's stability and the promising future rental prospects make this a winning deal for savvy investors seeking a reliable income stream. However, the property can be delivered vacant with enough notice (60 days) given and this could be a new home for an owner-occupier.
Moreover, this property presents an exciting opportunity for those considering a larger investment venture. Its strategic location and solid financial performance make it a prime candidate for a portfolio expansion. Don't miss out on the chance to acquire a turnkey investment that combines effortless management with substantial returns.
**ASK US OR YOUR AGENT ABOUT A SECOND VACANT UNIT COMING AVAILABLE AFTER RENOVATIONS ON THE SAME STREET. SELLER IS ONLY LIQUIDATING THESE ASSETS TO ACQUIRE OTHERS.**
Last Agent to Sell the Property
(202) 441-2362 garet@agilehometeam.com EXP Realty, LLC Listed on: 08/26/2023
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $669
Year Built
- Built in 1920 | Remodeled in 2017
Lot Details
- 845 Sq Ft Lot
- South Facing Home
- Ground Rent of $54 per year
- Property is in good condition
Parking
- On-Street Parking
Home Design
- Federal Architecture
- Entry on the 2nd floor
- Slab Foundation
- Composite Building Materials
- Stucco
Interior Spaces
- Property has 3 Levels
- Vinyl Flooring
- Unfinished Basement
- Laundry in Basement
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
- Municipal Trash
Listing and Financial Details
- Tax Lot 015
- Assessor Parcel Number 0307141652 015
Community Details
Overview
- No Home Owners Association
- Middle East Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2023
Closed on
Dec 22, 2023
Sold by
Paul Wye Nochumowitz Deed Of Trust
Bought by
Sutherland Carlington
Seller's Agent
Garet Turner
EXP Realty, LLC
Buyer's Agent
Rupert Andanar
Next Step Realty
List Price
$150,000
Sold Price
$150,000
Views
103
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,812
Avg. Annual Appreciation
4.20%
Original Mortgage
$120,000
Interest Rate
6.69%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 26, 2023
Closed on
Dec 14, 2023
Sold by
Sutherland Carlington
Bought by
Rodwood Properties Llc
Seller's Agent
Garet Turner
EXP Realty, LLC
Buyer's Agent
Rupert Andanar
Next Step Realty
List Price
$150,000
Sold Price
$150,000
Views
103
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.69%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 7, 2021
Closed on
Sep 1, 2021
Sold by
Skyline Nh Res 5 Llp Llc
Bought by
Sutherland Carlington
Seller's Agent
Ann Harycki
Taylor Properties
Buyer's Agent
Charly Johnson
EXP Realty, LLC
List Price
$134,900
Sold Price
$134,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%
Original Mortgage
$107,920
Interest Rate
3.09%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sutherland Carlington | $900 | None Listed On Document | |
| Sutherland Carlington | $900 | None Listed On Document | |
| Rodwood Properties Llc | $150,000 | First American Title Insurance | |
| Rodwood Properties Llc | $150,000 | First American Title Insurance | |
| Sutherland Carlington | $134,900 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rodwood Properties Llc | $120,000 | |
| Previous Owner | Sutherland Carlington | $107,920 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/29/2023 11/29/23 | Sold | $150,000 | 0.0% | -- | |
| 08/26/2023 08/26/23 | For Sale | $150,000 | +11.2% | -- | |
| 09/01/2021 09/01/21 | Sold | $134,900 | 0.0% | -- | View Prior Sale |
| 07/09/2021 07/09/21 | Pending | -- | -- | -- | |
| 07/02/2021 07/02/21 | Price Changed | $134,900 | -1.5% | -- | |
| 06/26/2021 06/26/21 | Price Changed | $136,900 | +1.5% | -- | |
| 06/24/2021 06/24/21 | Price Changed | $134,900 | 0.0% | -- | |
| 06/24/2021 06/24/21 | For Sale | $134,900 | +3.8% | -- | |
| 05/17/2021 05/17/21 | Pending | -- | -- | -- | |
| 05/11/2021 05/11/21 | Price Changed | $129,900 | -3.7% | -- | |
| 04/30/2021 04/30/21 | Price Changed | $134,900 | -3.6% | -- | |
| 04/21/2021 04/21/21 | Price Changed | $139,900 | -6.7% | -- | |
| 04/12/2021 04/12/21 | Price Changed | $149,900 | -9.2% | -- | |
| 04/07/2021 04/07/21 | For Sale | $165,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,584 | $150,000 | $35,000 | $115,000 |
| 2024 | $2,584 | $110,000 | $0 | $0 |
| 2023 | $1,644 | $70,000 | $0 | $0 |
| 2022 | $708 | $30,000 | $12,000 | $18,000 |
| 2021 | $551 | $23,333 | $0 | $0 |
| 2020 | $669 | $28,367 | $0 | $0 |
| 2019 | $235 | $10,000 | $7,000 | $3,000 |
| 2018 | $732 | $31,000 | $0 | $0 |
| 2017 | $661 | $28,000 | $0 | $0 |
| 2016 | $592 | $25,000 | $0 | $0 |
| 2015 | $592 | $25,000 | $0 | $0 |
| 2014 | $592 | $28,667 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Garet Turner
-
Rupert Andanar
Buyer's Agent in 2023
Rupert Andanar
Next Step Realty
(443) 857-7254
1 in this area
19 Total Sales
-
Ann Harycki
A
Seller's Agent in 2021
Ann Harycki
Taylor Properties
(443) 506-1208
40 in this area
88 Total Sales
-
Charly Johnson
C
Buyer's Agent in 2021
Charly Johnson
EXP Realty, LLC
(443) 423-9742
1 in this area
32 Total Sales
Map
Source: Bright MLS
MLS Number: MDBA2091836
APN: 1652-015
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