NOT LISTED FOR SALE

507 Arsan Ave Brooklyn, MD 21225

Estimated Value: $80,000 - $84,451

-- Bed
2 Baths
1,320 Sq Ft
$62/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $70,000 $53 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $474/month

156 Days on Market

About This Home

As of January 2023

Separately metered 2 unit building. Priced Right to sell fast! Currently there are two 1 br 1 ba units with an opportunity to convert to a 3 br 1 ba and a 1 br 1 ba. New Roof, Fence and exterior doors. Strategic demo done and full rehab needed. ARV maybe $230s . Sold AS-IS

Comps on the same block
502 Arsan Sold $215,000 MDBA2036970 on 4/15/22
505 Arsan Sold $235,000 MDBA554798 on 7/19/21

***SCHEDULE WITH AGENT AND SHOW with agent or PM***Daily from 830a - 430p.

Last Agent to Sell the Property

Arnez washington

(202) 907-3053 astuterei@gmail.com Taylor Properties Listed on: 07/09/2022

Taylor Properties

Last Buyer's Agent

Marsha Wise

(443) 306-3369 myrealtor@marshawise.com Berkshire Hathaway HomeServices PenFed Realty License #665094

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $354

Year Built

  • Built in 1945

Lot Details

  • 1,500 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 019
  • Assessor Parcel Number 0325067056 019

Community Details

Overview

  • 2 Units
  • Brooklyn Subdivision

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$354

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1945
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Total Sq Ft: 1980
  • Living Area Sq Ft: 1320
  • Price Per Sq Ft: 62.88
  • Above Grade Finished Sq Ft: 1320
  • Below Grade Sq Ft: 660
  • Total Below Grade Sq Ft: 660
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: 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
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 12000.00
  • Land Assessed Value: 3000.00
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1500.00
  • Zoning: R-4
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13044688
  • Tax Annual Amount: 354.00
  • Assessor Parcel Number: 0325067056 019
  • Tax Lot: 019
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

Multi Family

  • Number Of Units Vacant: 2
  • Other Units: Unit 2

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2022
Closed on
Feb 10, 2023
Sold by
Astute Real Estate Investments Llc
Bought by
Rufe Enterprises Inc
Seller's Agent
Arnez washington
Taylor Properties
Buyer's Agent
Marsha Wise
Berkshire Hathaway HomeServices PenFed Realty
List Price
$99,000
Sold Price
$70,000
Premium/Discount to List
-$29,000
-29.29%
Views
143
Current Estimated Value
$84,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,193
Avg. Annual Appreciation
5.57%

Purchase Details

Closed on
Mar 31, 2022
Sold by
Raymond Henry J
Bought by
Astute Real Estate Investment Llc

Purchase Details

Closed on
Dec 7, 2015
Sold by
Sullenger Thomas
Bought by
Ccrg1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2003
Sold by
Beck Anna R
Bought by
Sullenger Thomas

Purchase Details

Closed on
Mar 27, 2002
Sold by
Beck Anna R
Bought by
Beck Anna R
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

Date Buyer Sale Price Title Company
Rufe Enterprises Inc $70,000 Golden Trust Title
Astute Real Estate Investment Llc $5,074 Wittstadt Mark H
Astute Real Estate Investment Llc $5,074 Wittstadt Mark H
Ccrg1 Llc $38,000 Sage Title Group Llc
Sullenger Thomas $15,000 --
Beck Anna R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ccrg1 Llc $38,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2023 01/06/23 Sold $70,000 -15.7% $53 / Sq Ft
12/12/2022 12/12/22 Pending -- -- --
11/28/2022 11/28/22 Price Changed $83,000 -2.4% $63 / Sq Ft
11/04/2022 11/04/22 Price Changed $85,000 -0.6% $64 / Sq Ft
11/02/2022 11/02/22 Price Changed $85,500 -3.4% $65 / Sq Ft
10/25/2022 10/25/22 Price Changed $88,500 -0.6% $67 / Sq Ft
10/19/2022 10/19/22 Price Changed $89,000 -6.3% $67 / Sq Ft
09/27/2022 09/27/22 Price Changed $95,000 -4.0% $72 / Sq Ft
07/09/2022 07/09/22 For Sale $99,000 -- $75 / 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 $399 $19,000 -- --
2024 $399 $17,000 $0 $0
2023 $352 $15,000 $3,000 $12,000
2022 $354 $15,000 $3,000 $12,000
2021 $354 $15,000 $3,000 $12,000
2020 $448 $19,000 $4,000 $15,000
2019 $446 $19,000 $4,000 $15,000
2018 $448 $19,000 $4,000 $15,000
2017 $496 $21,000 $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

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Map

Source: Bright MLS

MLS Number: MDBA2052358

Bright MLS

APN: 7056-019