NOT LISTED FOR SALE

503 Arsan Ave Brooklyn, MD 21225

Estimated Value: $158,000

Studio
2 Baths
1,320 Sq Ft
$120/Sq Ft Est. Value

Sale Details

Date Sold: July 21, 2014

Last sale price $28,000 $21 Per Sq Ft

Est. 464% increase in value since last sale

Current estimated payment $949 / mo

101 Days on Market

About This Home

As of July 2014

INVESTMENT OPPORTUNITY! 2 UNIT ROWHOME WITH SEPARATE METERS! Light renovations needed to make this rowhome a prime income producing property. 2 one bedroom units each with a large living room, kitchen, bedroom, and bathroom. Separate meters & water heaters. Zoned as a 2 unit property. Sold As-Is! Seller will make no repairs!

Last Agent to Sell the Property

Chris Cooke

(410) 814-2400 chris@chriscooketeam.com Berkshire Hathaway HomeServices Homesale Realty Listed on: 03/28/2014

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Deborah Crowder-Johansen

(443) 274-1900 djohansen1@remax.net RE/MAX Executive

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $448

Year Built

  • Built in 1945

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Additional Features

  • Connecting Stairway
  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Brooklyn Subdivision

Listing and Financial Details

  • Tax Lot 017
  • Assessor Parcel Number 0325067056 017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$448

Year Built

Built in 1945

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1945
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Connecting Stairway, Unfinished
  • Price Per Sq Ft: 30.23

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • 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
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 10000.00
  • Land Assessed Value: 9000.00
  • Lot Size Units: Square Feet
  • Zoning: 0R070
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13044686
  • Tax Annual Amount: 448.40
  • Assessor Parcel Number: 0325067056 017
  • Tax Lot: 017
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Multi Family

  • Vacancy Allowance Rate: 100.00

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
Mar 28, 2014
Closed on
Jul 21, 2014
Sold by
Bought by
Seller's Agent
Chris Cooke
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Deborah Crowder-Johansen
RE/MAX Executive
List Price
$44,900
Sold Price
$28,000
Premium/Discount to List
-$16,900
-37.64%
Current Estimated Value
$158,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,000
Avg. Annual Appreciation
15.64%

Purchase Details

Closed on
Nov 22, 2013
Sold by
Bought by

Purchase Details

Closed on
Jul 15, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2007
Sold by
Bought by

Purchase Details

Closed on
Feb 18, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,745
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
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
$28,000 Signature Title & Settlement
$30,000 None Available
$40,000 --
$13,262 --
$35,000 --
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
Previous Owner $40,000
Previous Owner $36,745
Closed $24,595
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
07/21/2014 07/21/14 Sold $28,000 -37.6% $21 / Sq Ft
07/07/2014 07/07/14 Pending -- -- --
03/28/2014 03/28/14 For Sale $44,900 -- $34 / 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 $1,182 $50,100 $0 $0
2016 $450 $59,733 $0 $0
2015 $450 $39,367 $0 $0
2014 $450 $19,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Cooke

    Seller's Agent in 2014

    Chris Cooke

    Berkshire Hathaway HomeServices Homesale Realty

    (443) 802-2728

    4 in this area

    523 Total Sales

    Chris Cooke
    Section Image

  • D

    Buyer's Agent in 2014

    Deborah Crowder-Johansen

    RE/MAX

    Section Image
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Map

Source: Bright MLS

MLS Number: 1002906498

Bright MLS

APN: 7056-017

Maryland Baltimore City County Brooklyn 21225

503 Arsan Ave, Brooklyn, MD

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