NOT LISTED FOR SALE

Estimated Value: $375,072 - $457,000

-- Bed
5 Baths
1,802 Sq Ft
$231/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $395,000 $219 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,618/month

15 Days on Market

Highlights

  • Traditional Architecture
  • Solid Hardwood Flooring
  • 90% Forced Air Heating System

About This Home

As of May 2024

Prime Mixed-Use Opportunity: Commercial Space with Dual-Level ApartmentWelcome to a versatile investment opportunity in a highly desirable location! This mixed-use property combines the best of both worlds: a vibrant commercial space on the ground level and a spacious two-level apartment above, offering an exceptional live-work arrangement.Key Features:1. Prime Location: Situated in the heart of Washington Village, this property enjoys high visibility and foot traffic, making it ideal for businesses seeking maximum exposure.2. Flexible Commercial Space: The ground floor boasts over 1200 sf adaptable commercial space, perfect for retail, office, or service-oriented businesses. With expansive windows inviting natural light and captivating passersby, this area provides an excellent canvas for your entrepreneurial vision.3. Dual-Level Apartment: Ascend the staircase to discover a stylish and renovated and well-appointed two-level apartment. The main level features a spacious living area, hardwood flooring, modern kitchen with stainless steel appliances, and a dining space ideal for entertaining guests or relaxing after a day's work.4. Comfortable Living: Upstairs, find three generously sized bedrooms offering privacy and comfort. The master bedroom very spacious while the second bedroom offers versatility for use as a home office or guest room.5. Urban Convenience: Residents will appreciate the convenience of urban living with easy access to local amenities, dining establishments, entertainment venues, and public transportation options, ensuring a vibrant and connected lifestyle.6. Investment Potential: Whether you're an investor seeking rental income from both commercial and residential tenants or an entrepreneur looking to establish your business while enjoying the convenience of living on-site, this property offers endless possibilities for growth and profitability.Don't miss out on this exceptional opportunity to own a versatile mixed-use property in a thriving urban hub. Schedule your viewing today and unlock the potential of this prime real estate investment! Property sold "As is"Zoned R8

Last Agent to Sell the Property

India Whitlock

(443) 499-2431 iwhitlock@kw.com Keller Williams Legacy License #645767 Listed on: 03/27/2024

Keller Williams Legacy

Last Buyer's Agent

Kris Henry

(678) 362-6461 kris.henry@cbmove.com Coldwell Banker Realty - Washington License #643875

Coldwell Banker Realty - Washington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,524

Year Built

  • Built in 1900

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation

Flooring

  • Solid Hardwood
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Utilities

  • 90% Forced Air Heating System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • 2 Units
  • Washington Village Subdivision

Listing and Financial Details

  • Tax Lot 024
  • Assessor Parcel Number 0321130852 024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,524

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Office furniture
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Prime Mixed-Use Opportunity: Commercial Space with Dual-Level Apartment Welcome to a versatile investment opportunity in a highly desirable location! This mixed-use property combines the best of both worlds: a vibrant commercial space on the ground level and a spacious two-level apartment above, offering an exceptional live-work arrangement. Key Features: 1. Prime Location: Situated in the heart of Washington Village, this property enjoys high visibility and foot traffic, making it ideal for businesses seeking maximum exposure. 2. Flexible Commercial Space: The ground floor boasts over 1200 sf adaptable commercial space, perfect for retail, office, or service-oriented businesses. With expansive windows inviting natural light and captivating passersby, this area provides an excellent canvas for your entrepreneurial vision. 3. Dual-Level Apartment: Ascend the staircase to discover a stylish and renovated and well-appointed two-level apartment. The main level features a spacious living area, hardwood flooring, modern kitchen with stainless steel appliances, and a dining space ideal for entertaining guests or relaxing after a day's work. 4. Comfortable Living: Upstairs, find three generously sized bedrooms offering privacy and comfort. The master bedroom very spacious while the second bedroom offers versatility for use as a home office or guest room. 5. Urban Convenience: Residents will appreciate the convenience of urban living with easy access to local amenities, dining establishments, entertainment venues, and public transportation options, ensuring a vibrant and connected lifestyle. 6. Investment Potential: Whether you're an investor seeking rental income from both commercial and residential tenants or an entrepreneur looking to establish your business while enjoying the convenience of living on-site, this property offers endless possibilities for growth and profitability. Don't miss out on this exceptional opportunity to own a versatile mixed-use property in a thriving urban hub. Schedule your viewing today and unlock the potential of this prime real estate investment! Property sold "As is" Zoned R8
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Ceramic Tile, Luxury Vinyl Plank, Solid Hardwood
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Basement: No
  • Total Sq Ft: 2533
  • Living Area Sq Ft: 1802
  • Price Per Sq Ft: 219.20
  • Above Grade Finished Sq Ft: 1802
  • Below Grade Sq Ft: 731
  • Total Below Grade Sq Ft: 731
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 517

Exterior Features

  • Other Structures: Above Grade, Below 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 Fuel: Electric
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Utilities: Natural Gas Available, Electric Available
  • Water Source: Public

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Units: Square Feet
  • Year Assessed: 2023
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Owner Pays: None
  • Total Actual Rent: 19200.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4524.00
  • Assessor Parcel Number: 0321130852 024
  • Tax Lot: 024
  • Tax Total Finished Sq Ft: 1802
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/24/2024

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
May 24, 2024
Sold by
Cain Group Llc
Bought by
Whitley Jerry Lee
Seller's Agent
India Whitlock
Keller Williams Legacy
Buyer's Agent
Kris Henry
Coldwell Banker Realty - Washington
List Price
$395,000
Sold Price
$395,000
Views
30
Current Estimated Value
$416,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,036
Avg. Annual Appreciation
3.83%
Original Mortgage
$387,845
Outstanding Balance
$382,778
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$33,258

Purchase Details

Listed on
Mar 27, 2024
Closed on
May 21, 2024
Sold by
Cain Group Llc
Bought by
Whitley Jerry Lee
Seller's Agent
India Whitlock
Keller Williams Legacy
Buyer's Agent
Kris Henry
Coldwell Banker Realty - Washington
List Price
$395,000
Sold Price
$395,000
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,845
Outstanding Balance
$382,778
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$33,258

Purchase Details

Closed on
Mar 15, 2019
Sold by
Lee & Joyce Inc
Bought by
The Cain Group Llc

Purchase Details

Closed on
Feb 26, 2019
Sold by
Ashmeade Karen and Aliaj Besmir
Bought by
The Cain Group Llc

Purchase Details

Closed on
Jun 9, 2008
Sold by
Chaiyupatumpa Nibondh
Bought by
Chaiyupatumpa Nibondh and Chaiyupatumpa Pimolmas

Purchase Details

Closed on
Aug 31, 2006
Sold by
Cpr Limited Partnership
Bought by
Chaiyupatumpa Nibondh and Sapsiri Suchada Unakul
Source: Public Records

Range of Values:

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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
Whitley Jerry Lee $395,000 None Listed On Document
Whitley Jerry Lee $395,000 None Listed On Document
The Cain Group Llc $1,180 Integrity Title & Escrow Co
The Cain Group Llc $172,750 Integrity Title & Escrow Co
Chaiyupatumpa Nibondh -- --
Chaiyupatumpa Nibondh $59,000 --
Chaiyupatumpa Nibondh -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitley Jerry Lee $387,845
Closed Whitley Jerry Lee $387,845
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2024 05/24/24 Sold $395,000 0.0% $219 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $395,000 0.0% $219 / Sq Ft
08/02/2021 08/02/21 Rented $1,600 0.0% --
07/27/2021 07/27/21 Under Contract -- -- --
07/19/2021 07/19/21 Off Market $1,600 -- --
05/20/2021 05/20/21 For Rent $1,600 0.0% --
05/13/2021 05/13/21 Off Market $1,600 -- --
05/13/2021 05/13/21 For Rent $1,600 -- --
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 $4,835 $219,967 -- --
2024 $4,835 $205,833 $0 $0
2023 $4,524 $191,700 $60,000 $131,700
2022 $4,177 $177,000 $0 $0
2021 $3,830 $162,300 $0 $0
2020 $3,483 $147,600 $60,000 $87,600
2019 $3,172 $135,067 $0 $0
2018 $2,892 $122,533 $0 $0
2017 $3,483 $147,600 $0 $0
2016 $2,369 $123,067 $0 $0
2015 $2,369 $98,533 $0 $0
2014 $2,369 $147,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2119366

Bright MLS

APN: 0852-024