NOT LISTED FOR SALE

511 Park Ave Baltimore, MD 21201

Downtown Baltimore Neighborhood
Studio
1 Bath
385 Sq Ft
3,750 Sq Ft Lot

Last Sold November 26, 2014

Last sale price $355,000 $922 Per Sq Ft

36 Days on Market

Highlights

  • No HOA
  • 4-minute walk to Centre Street
  • 3-minute walk to Mount Vernon Place
  • Baseboard Heating

About This Home

As of November 2014

15 unit possibly 16 property in need work. 11 units occupied. Property is sold in AS-IS, WHERE-IS condition & may be subject to existing leases.GR TBD, owner will not redeem. It is in fair condition and would need to be vacated for renovation: leaky plumbing, discoloration, old wooden windows. Owner pays for utilities.

Last Agent to Sell the Property

Raimundas Valacka

(410) 491-8948 raimundas@valackahomes.com Keller Williams Gateway LLC Listed on: 08/21/2014

Keller Williams Gateway LLC

Last Buyer's Agent

Raimundas Valacka

(410) 491-8948 raimundas@valackahomes.com Keller Williams Gateway LLC Listed on: 08/21/2014

Keller Williams Gateway LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,750 Sq Ft Lot
  • Ground Rent of $240 expires in 99 years

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Basement

  • Connecting Stairway
  • Natural lighting in basement

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • 15 Units
  • Belvedere Subdivision

Listing and Financial Details

  • Tax Lot 009
  • Assessor Parcel Number 0311100550 009

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Ground Rent
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Full
  • Price Per Sq Ft: 41.50

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 Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 462700.00
  • Land Assessed Value: 131200.00
  • Lot Size Acres: 0.09
  • Lot Size Area: 3750
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3750.00
  • Zoning: 4-2
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 240.00
  • Ground Rent Pymnt Freq: Annually
  • Ground Rent Years Remaining: 99
  • Lease Term: Negotiable
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12948431
  • Tax Annual Amount: 13577.08
  • Assessor Parcel Number: 0311100550 009
  • Tax Lot: 009
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Multi Family

  • Vacancy Allowance Rate: 20.00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2014 11/26/14 Sold $355,000 +42.6% $922 / Sq Ft
09/26/2014 09/26/14 Pending -- -- --
08/21/2014 08/21/14 For Sale $249,000 -- $647 / 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 $30,285 $1,289,400 $131,200 $1,158,200
2024 $30,285 $1,289,400 $131,200 $1,158,200
2023 $30,430 $1,289,400 $131,200 $1,158,200
2022 $30,680 $1,300,000 $131,200 $1,168,800
2021 $28,794 $1,220,067 $0 $0
2020 $27,323 $1,157,733 $0 $0
2019 $24,901 $1,060,200 $131,200 $929,000
2018 $25,021 $1,060,200 $131,200 $929,000
2017 $25,021 $1,060,200 $0 $0
2016 $13,407 $593,900 $0 $0
2015 $13,407 $584,600 $0 $0
2014 $13,407 $575,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Raimundas Valacka

    Seller's Agent in 2014

    Raimundas Valacka

    Keller Williams Gateway LLC

    (410) 491-8948

    1 in this area

    48 Total Sales

    Raimundas Valacka
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Map

Source: Bright MLS

MLS Number: 1003173830

Bright MLS
Maryland Baltimore City County Baltimore 21201 Downtown Baltimore

511 Park Ave, Baltimore, MD

Not Listed for Sale

MultiFamily

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