Seller's Agent in 2024
Claudia Towles
Compass
(202) 215-8233
29 in this area
140 Total Sales
524 S Wolfe St Baltimore, MD 21231
Fells Point NeighborhoodEstimated Value: $463,000 - $659,128
Studio
2
Baths
2,800
Sq Ft
$200/Sq Ft
Est. Value
Highlights
- Gourmet Kitchen
- Federal Architecture
- Upgraded Countertops
- Open Floorplan
- Main Floor Bedroom
- 3-minute walk to Thames Street Park
About This Home
As of July 2024A rare opportunity to own a triple wide multifamily in Historic Fells Point. This property offers soaring ceilings in the open concept, loft style one bedroom, one full and one half-bath, first floor unit. Skylights drench the space with natural light at all hours of the day. Separate access to the common area roof top deck from each unit. The second and third levels are dedicated to a two bedroom two full bath spacious apartment. Both units are currently tenant occupied with month to month leases. Live in one unit and rent out the second to cover your mortgage. Steps from the waterfront and near tons of amenities, this location inside of area 16 offers countless advantages. Whether you are looking to occupy or purchase solely as an investment do not miss out on this property.
Last Agent to Sell the Property
(202) 215-8233 claudia.towles@compass.com Compass Listed on: 06/20/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,790
Year Built
- Built in 1855
Lot Details
- 1,600 Sq Ft Lot
- Lot Dimensions are 20x80
- Interior Lot
Home Design
- Duplex
- Federal Architecture
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- Open Floorplan
- Ceiling Fan
- Skylights
- Recessed Lighting
- Combination Kitchen and Dining Room
Kitchen
- Gourmet Kitchen
- Built-In Microwave
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- Main Floor Bedroom
- Bathtub with Shower
- Walk-in Shower
Parking
- On-Street Parking
- Parking Permit Included
Utilities
- Central Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
- Public Septic
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tax Lot 049
- Assessor Parcel Number 0302081781 049
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2024
Closed on
Jul 22, 2024
Sold by
Raymond I Tinsley Jr Revocable Living Tr and Tinsley Raymond I
Bought by
Sorensen Brandon T
Seller's Agent
Claudia Towles
Compass
Buyer's Agent
Matt Garono
Cummings & Co. Realtors
List Price
$650,000
Sold Price
$650,000
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$156,519
Avg. Annual Appreciation
-9.46%
Original Mortgage
$595,237
Outstanding Balance
$587,990
Interest Rate
6.89%
Mortgage Type
FHA
Estimated Equity
-$26,926
Purchase Details
Closed on
Aug 17, 2023
Sold by
Tinsley Raymond I
Bought by
Raymond I Tinsley Jr Revocable Living Trust and Tinsley
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sorensen Brandon T | $650,000 | Stewart Title | |
| Sorensen Brandon T | $650,000 | Stewart Title | |
| Raymond I Tinsley Jr Revocable Living Trust | -- | None Listed On Document | |
| Raymond I Tinsley Jr Revocable Living Trust | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sorensen Brandon T | $595,237 | |
| Closed | Sorensen Brandon T | $595,237 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/22/2024 07/22/24 | Sold | $650,000 | 0.0% | $232 / Sq Ft |
| 06/20/2024 06/20/24 | For Sale | $650,000 | -- | $232 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $8,333 | $379,433 | -- | -- |
| 2024 | $8,333 | $354,767 | -- | -- |
| 2023 | $7,790 | $330,100 | $100,000 | $230,100 |
| 2022 | $7,790 | $330,100 | $100,000 | $230,100 |
| 2021 | $7,790 | $330,100 | $100,000 | $230,100 |
| 2020 | $8,010 | $339,400 | $100,000 | $239,400 |
| 2019 | $7,753 | $330,100 | $0 | $0 |
| 2018 | $7,571 | $320,800 | $0 | $0 |
| 2017 | $7,351 | $311,500 | $0 | $0 |
| 2016 | $8,645 | $311,500 | $0 | $0 |
| 2015 | $8,645 | $311,500 | $0 | $0 |
| 2014 | $8,645 | $327,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Claudia Towles
-
Sebastian Towles
S
Seller Co-Listing Agent in 2024
Sebastian Towles
Compass
(443) 676-3182
5 in this area
17 Total Sales
-
Matt Garono
Buyer's Agent in 2024
Matt Garono
Cummings & Co Realtors
(410) 560-3970
3 in this area
43 Total Sales
Map
Source: Bright MLS
MLS Number: MDBA2126720
APN: 1781-049
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