NOT LISTED FOR SALE

516 S Potomac St Baltimore, MD 21224

Canton Neighborhood

Estimated Value: $441,708 - $552,000

4 Beds
3 Baths
1,224 Sq Ft
$406/Sq Ft Est. Value

Last Sold March 26, 2019

Last sale price $385,000 $315 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,721/month

Highlights

  • Colonial Architecture
  • No HOA
  • Living Room
  • Deck
  • Patio
  • 4-minute walk to Canton Tot Lot

About This Home

As of March 2019

2/23/19 OPEN HOUSE CANCELLED (Home is now Under Contract) .CHAP - Save approximately $4608/annually (equivalent to saving $384/month in your payment, which may save you approximately $46,000 over 10 years) includes Private PARKING, rooftop deck with expansive views of downtown, Inner Harbor, & Patterson Park. This newly renovated CHAP Tax Credit Gem features 4 bedroom, 3 full baths, 3 finished levels of living, ALL NEW plumbing, electrical, HVAC, Exposed brick, designer kitchen w/stainless steel appliances, and stone waterfall countertop. Exposed Brick, exceptional finishes, craftsmanship, & attention to detail with all finishes from floor to ceiling; designer soaking tub, plus tile surround shower stall; plenty of storage and closet space, convenient vestibule preserving the character & charm of this precious, one of a kind home. Plus conveniently located in walking distance and of Patterson Park; this home checks all the boxes and then some. Additionally, qualified buyers, may also qualifies for $5,000 for Johns Hopkins LNYW Grant. Welcome Home!

Last Agent to Sell the Property

Jaime Gervasi

(410) 830-9435 jaime@jaimegervasi.com Keller Williams Gateway LLC License #604241 Listed on: 12/27/2018

Keller Williams Gateway LLC

Last Buyer's Agent

Christina Knott

(410) 960-2184 knottina@gmail.com Cummings & Co. Realtors License #638559

Cummings & Co. Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,244

Year Built

  • Built in 1910

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,224 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Finished Basement
  • Interior and Rear Basement Entry

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Parking

  • Driveway
  • Off-Street Parking
  • Parking Space Conveys

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Canton Subdivision

Listing and Financial Details

  • Tax Lot 024
  • Assessor Parcel Number 0301131792 024

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,244

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: 3 Ceiling fans, dishwasher, 3 exhaust fans, garbage disposer, 1 refrigerator w/ice maker, stove or range, water filter, 18 bottle wine refrigerator
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Expected On Market: 2018-12-27
  • Federal Flood Zone: No
  • Year Built: 1910
  • Remarks Public: 2/23/19 OPEN HOUSE CANCELLED (Home is now Under Contract) .CHAP - Save approximately $4608/annually (equivalent to saving $384/month in your payment, which may save you approximately $46,000 over 10 years) includes Private PARKING, rooftop deck with expansive views of downtown, Inner Harbor, & Patterson Park. This newly renovated CHAP Tax Credit Gem features 4 bedroom, 3 full baths, 3 finished levels of living, ALL NEW plumbing, electrical, HVAC, Exposed brick, designer kitchen w/stainless steel appliances, and stone waterfall countertop. Exposed Brick, exceptional finishes, craftsmanship, & attention to detail with all finishes from floor to ceiling; designer soaking tub, plus tile surround shower stall; plenty of storage and closet space, convenient vestibule preserving the character & charm of this precious, one of a kind home. Plus conveniently located in walking distance and of Patterson Park; this home checks all the boxes and then some. Additionally, qualified buyers, may also qualifies for $5,000 for Johns Hopkins LNYW Grant. Welcome Home!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Bathroom 1, Bathroom 2, Primary Bathroom
  • Basement: Yes
  • Basement Type: Fully Finished, Improved, Interior Access, Rear Entrance
  • Total Sq Ft: 1224
  • Living Area Sq Ft: 1224
  • Price Per Sq Ft: 314.54
  • Above Grade Finished Sq Ft: 1224
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 516

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Parking Space Conveys
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • 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
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 96500.00
  • Land Assessed Value: 100000.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Year Assessed: 2018
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 12904603
  • Tax Annual Amount: 4244.00
  • Assessor Parcel Number: 0301131792 024
  • Tax Lot: 024
  • Tax Total Finished Sq Ft: 1224
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 03/26/2019

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2018
Closed on
Mar 26, 2019
Sold by
516 South Potomac Llc
Bought by
Fursteanau Kylie Nelson and Fursteanau Charles W
Seller's Agent
Jaime Gervasi
Keller Williams Gateway LLC
Buyer's Agent
Christina Knott
Cummings & Co. Realtors
List Price
$415,000
Sold Price
$385,000
Premium/Discount to List
-$30,000
-7.23%
Current Estimated Value
$496,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,854
Avg. Annual Appreciation
3.94%
Original Mortgage
$393,277
Outstanding Balance
$345,760
Interest Rate
4.3%
Mortgage Type
VA
Estimated Equity
$151,094

Purchase Details

Listed on
Apr 16, 2018
Closed on
Apr 27, 2018
Sold by
Hewitt Nicole P and Estate Of Emidio Rossi
Bought by
516 South Potomac Llc
Seller's Agent
Claude Osterman
Douglas Realty, LLC
Buyer's Agent
Justin Hunt
Taylor Bradley Brokerage
List Price
$200,000
Sold Price
$195,000
Premium/Discount to List
-$5,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
111.18%
Original Mortgage
$270,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2011
Sold by
Undisclosed
Bought by
Rossi Peter and Rossi Dominick
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
Fursteanau Kylie Nelson $385,000 Colony Title Group Ltd
516 South Potomac Llc $195,000 Micasa Title Group Llc
Rossi Peter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fursteanau Kylie Nelson $393,277
Previous Owner 516 South Potomac Llc $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2019 03/26/19 Sold $385,000 0.0% $315 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
02/05/2019 02/05/19 Price Changed $385,000 -3.5% $315 / Sq Ft
01/28/2019 01/28/19 Price Changed $399,000 -1.5% $326 / Sq Ft
01/21/2019 01/21/19 Price Changed $405,000 -2.4% $331 / Sq Ft
01/10/2019 01/10/19 For Sale $415,000 +7.8% $339 / Sq Ft
01/09/2019 01/09/19 Off Market $385,000 -- --
12/28/2018 12/28/18 For Sale $415,000 +112.8% $339 / Sq Ft
04/27/2018 04/27/18 Sold $195,000 -2.5% $159 / Sq Ft View Prior Sale
04/19/2018 04/19/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $200,000 -- $163 / 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 $1,376 $408,133 -- --
2024 $1,376 $394,367 $0 $0
2023 $1,431 $380,600 $100,000 $280,600
2022 $1,384 $319,233 $0 $0
2021 $6,086 $257,867 $0 $0
2020 $1,842 $196,500 $100,000 $96,500
2019 $2,097 $188,167 $0 $0
2018 $4,244 $179,833 $0 $0
2017 $1,932 $171,500 $0 $0
2016 $1,628 $164,833 $0 $0
2015 $1,628 $158,167 $0 $0
2014 $1,628 $151,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jaime Gervasi

    Seller's Agent in 2019

    Jaime Gervasi

    Keller Williams Gateway LLC

    (410) 830-9435

    8 in this area

    145 Total Sales

    Jaime Gervasi
    Section Image
  • Christina Knott

    Buyer's Agent in 2019

    Christina Knott

    Cummings & Co Realtors

    (410) 960-2184

    56 in this area

    155 Total Sales

    Christina Knott
    Section Image
  • Claude Osterman

    Seller's Agent in 2018

    Claude Osterman

    Douglas Realty, LLC

    (410) 533-4818

    10 Total Sales

    Claude Osterman
    Section Image
  • Justin Hunt

    Buyer's Agent in 2018

    Justin Hunt

    Taylor Bradley Brokerage

    (410) 861-3608

    16 Total Sales

    Justin Hunt
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDBA101430

Bright MLS

APN: 1792-024

Maryland Baltimore City County Baltimore 21224 Canton

516 S Potomac St, Baltimore, MD

This home is located at 516 S Potomac St, Baltimore, MD 21224 since 27 December 2018 and is currently estimated at $496,854, approximately $405 per square foot. This property was built in 1910. 516 S Potomac St is a home located in Baltimore City with nearby schools including Booker T. Washington Middle School, Paul Laurence Dunbar High School, and Patterson High School.

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