NOT LISTED FOR SALE

516 Arsan Ave Brooklyn, MD 21225

Estimated Value: $82,194 - $91,000

Studio
2 Baths
1,941 Sq Ft
$45/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $78,000 $40 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $605/month

77 Days on Market

Highlights

  • Double Pane Windows
  • Combination Kitchen and Dining Room
  • Ceiling Fan
  • Forced Air Heating System

About This Home

As of August 2023

Back on market.. All brick home in a great rental area. It has 2 meters and house is partially gutted. Was set up as two apartments and it does have two meters and 2 furnaces . All zoning must be verified. Some of the rehab has been started. Second floor still has bath and kitchen, newer windows throughout. Easy to show.

Last Agent to Sell the Property

David Naumann

(410) 952-8045 david2439@aol.com Cummings & Co. Realtors License #503515 Listed on: 04/28/2023

Cummings & Co. Realtors

Last Buyer's Agent

Osvaldo Del Toro

(443) 386-5389 osvaldo.deltoro@exprealty.com EXP Realty, LLC License #532022

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 1,852 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Ceiling Fan
  • Double Pane Windows
  • Combination Kitchen and Dining Room
  • Stove

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Brooklyn Subdivision

Listing and Financial Details

  • Tax Lot 009
  • Assessor Parcel Number 0325067056A009

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1945
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Stove, Washer, Dryer
  • Interior Amenities: Combination Kitchen/Dining
  • Window Features: Double Pane
  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full
  • Total Sq Ft: 1941
  • Above Grade Unfinished Sq Ft: 1294
  • Below Grade Sq Ft: 647
  • Total Below Grade Sq Ft: 647
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • 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 Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1852.00
  • Zoning: 7
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2202.66
  • Assessor Parcel Number: 0325067056A009
  • Tax Lot: 009
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Other Units: Unit 1,Unit 1

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Aug 25, 2023
Sold by
Barley Sandra Kay
Bought by
Lopez Elmer J Ayala
Seller's Agent
David Naumann
Cummings & Co. Realtors
Buyer's Agent
Osvaldo Del Toro
EXP Realty, LLC
List Price
$84,000
Sold Price
$78,000
Premium/Discount to List
-$6,000
-7.14%
Views
70
Current Estimated Value
$86,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,597
Avg. Annual Appreciation
4.40%
Original Mortgage
$78,000
Outstanding Balance
$76,223
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$10,374

Purchase Details

Closed on
Feb 17, 2017
Sold by
Helams Jack Norman
Bought by
Helms Jack Norman
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lopez Elmer J Ayala $78,000 None Listed On Document
Helms Jack Norman -- United Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Elmer J Ayala $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2023 08/11/23 Sold $78,000 -7.1% $40 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
07/06/2023 07/06/23 Price Changed $84,000 0.0% $43 / Sq Ft
07/06/2023 07/06/23 For Sale $84,000 -15.2% $43 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $99,000 -- $51 / 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 $1,881 $80,100 $16,000 $64,100
2024 $1,881 $80,100 $16,000 $64,100
2023 $2,584 $110,000 $25,000 $85,000
2022 $410 $104,133 $0 $0
2021 $2,319 $98,267 $0 $0
2020 $1,976 $92,400 $20,000 $72,400
2019 $1,966 $92,400 $20,000 $72,400
2018 $2,000 $92,400 $20,000 $72,400
2017 $2,850 $130,000 $0 $0
2016 -- $111,667 $0 $0
2015 -- $93,333 $0 $0
2014 -- $75,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2083950

Bright MLS

APN: 7056A-009