NOT LISTED FOR SALE

505 N Lakewood Ave Baltimore, MD 21205

McElderry Park Neighborhood

Estimated Value: $129,000 - $177,000

3 Beds
1 Bath
672 Sq Ft
$228/Sq Ft Est. Value

Last Sold January 05, 2018

Last sale price $27,000 $40 Per Sq Ft

Est. 467% increase in value since last sale

Current estimated payment $936/month

22 Days on Market

Highlights

  • Federal Architecture
  • Combination Dining and Living Room
  • Radiator
  • No HOA

About This Home

As of January 2018

Nice house located in a central McElderry Park location. Full of potential, this house features wood floors, decorative fireplace, large kitchen, full basement & small rear 2nd story patio. Close to Johns Hopkins Hospital and Orleans St. Investor hold for the first 21 days of listing. AGENTS - SEE AGENT REMARKS FOR FOR OFFER INSTRUCTIONS.

Last Agent to Sell the Property

Dustin McQuate

Cummings & Co. Realtors Listed on: 11/22/2017

Co-Listed By

Christopher Palazzi

Cummings & Co. Realtors License #596131

Last Buyer's Agent

Joshua Savage

VYBE Realty

VYBE Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $590

Year Built

  • Built in 1902

Lot Details

  • 4,410 Sq Ft Lot
  • Two or More Common Walls

Parking

  • On-Street Parking

Home Design

  • Federal Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Utilities

  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Mcelderry Park Subdivision

Listing and Financial Details

  • Tax Lot 003
  • Assessor Parcel Number 0307171658 003

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$590

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1902
  • Remarks Public: Nice house located in a central McElderry Park location. Full of potential, this house features wood floors, decorative fireplace, large kitchen, full basement & small rear 2nd story patio. Close to Johns Hopkins Hospital and Orleans St. Investor hold for the first 21 days of listing. AGENTS - SEE AGENT REMARKS FOR FOR OFFER INSTRUCTIONS.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Combination Dining/Living
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full
  • Living Area Units: Square Feet
  • Street Number Modifier: 505

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool Private: 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 Fuel: Natural Gas
  • Heating Type: Radiator
  • 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
  • Senior Community: No

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454

Lot Info

  • Lot Size Acres: 0.10
  • Lot Size Area: 4410
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4410.00
  • Property Attached Yn: Yes
  • Year Assessed: 2017
  • Zoning: 8
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 590.00
  • Assessor Parcel Number: 0307171658 003
  • Tax Lot: 003
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 01/05/2018

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2017
Closed on
Jan 5, 2018
Sold by
Fannie Mae
Bought by
Negawo Merga
Seller's Agent
Dustin McQuate
Cummings & Co. Realtors
Buyer's Agent
Joshua Savage
VYBE Realty
List Price
$22,500
Sold Price
$27,000
Premium/Discount to List
$4,500
20%
Current Estimated Value
$153,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,000
Avg. Annual Appreciation
24.24%

Purchase Details

Closed on
Jul 17, 2017
Sold by
White Tirrell M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 30, 2010
Sold by
White Tirrell M
Bought by
White Tirrell M

Purchase Details

Closed on
Feb 10, 2000
Sold by
Hatt Investments Llc
Bought by
Department Of Housing and Community Development Of The

Purchase Details

Closed on
Nov 30, 1999
Sold by
Posko Kenneth W
Bought by
Department Of Housing and Community Development Of The
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
Negawo Merga $27,000 First Amer Title Co
Federal National Mortgage Association $9,300 None Available
White Tirrell M -- --
Department Of Housing $60,000 --
Department Of Housing $20,000 --
Department Of Housing $34,603 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Tirrell M $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2018 01/05/18 Sold $27,000 +20.0% $40 / Sq Ft
12/14/2017 12/14/17 Pending -- -- --
11/27/2017 11/27/17 For Sale $22,500 -16.7% $33 / Sq Ft
11/27/2017 11/27/17 Off Market $27,000 -- --
11/22/2017 11/22/17 For Sale $22,500 -- $33 / Sq Ft
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 $1,295 $70,200 $14,000 $56,200
2024 $1,295 $55,133 $0 $0
2023 $941 $40,067 $0 $0
2022 $590 $25,000 $5,000 $20,000
2021 $590 $25,000 $5,000 $20,000
2020 $590 $25,000 $5,000 $20,000
2019 $587 $25,000 $5,000 $20,000
2018 $590 $25,000 $5,000 $20,000
2017 $590 $25,000 $0 $0
2016 $592 $25,000 $0 $0
2015 $592 $25,000 $0 $0
2014 $592 $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Dustin McQuate

    Cummings & Co Realtors

    Section Image
  • Christopher Palazzi

    Seller Co-Listing Agent in 2018

    Christopher Palazzi

    Cummings & Co Realtors

    (410) 935-8060

    250 Total Sales

    Christopher Palazzi
    Section Image
  • Joshua Savage

    Buyer's Agent in 2018

    Joshua Savage

    VYBE Realty

    (443) 449-8529

    108 Total Sales

    Joshua Savage
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1004210097

Bright MLS

APN: 1658-003

Maryland Baltimore City County Baltimore 21205 McElderry Park

505 N Lakewood Ave, Baltimore, MD

This home is located at 505 N Lakewood Ave, Baltimore, MD 21205 since 22 November 2017 and is currently estimated at $153,000, approximately $227 per square foot. This property was built in 1902. 505 N Lakewood Ave is a home located in Baltimore City with nearby schools including William Paca Elementary School, Booker T. Washington Middle School, and Paul Laurence Dunbar Community High School.

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