Seller's Agent in 2024
Jim Bim
Winning Edge
(443) 463-6009
2 in this area
468 Total Sales
5314 Wabash Ave Baltimore, MD 21215
West Arlington Neighborhood
--
Bed
--
Bath
2,168
Sq Ft
6,900
Sq Ft Lot
Highlights
- Second Kitchen
- 1 Car Detached Garage
- Central Heating and Cooling System
- Colonial Architecture
- Outdoor Storage
- Back and Front Yard
About This Home
As of August 2024** MONEY MAKER HERE ** Please confirm with the City of Baltimore to get approval to have as a 3 unit home. ** Currently set up to be a 3 unit property. All 3 units were previously being rented for a total of $2700 per month or $32,400 gross for the year. Tenants paid water and electric bills. The property has had one tenant renting the upper 2 levels for $1800 per month recently and now vacant for the purposes of selling. Prime investment property with strong rental potential or turn it back into a large single family home! This craftsman-style home boasts 6 bedrooms, 3 baths and 2100 total finish sq ft! It has a New furnace and hot water heater. For an investor to have a potential 3 unit property or if you are looking to live upstairs and do the BRRRR strategy and rent the lower level to make additional income, this property is for you!! Additional highlights include a large backyard, fully finished basement with private entrance, and large detached garage. Conveniently located near major highways, Sinai Hospital, Pimlico, public transportation, schools, parks, and shopping, making it highly attractive to renters. Don’t miss out on this profitable rental opportunity! Please also see MLS number MDBA2125918 for the residential listing.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,334
Year Built
- Built in 1926
Lot Details
- 6,900 Sq Ft Lot
- Back and Front Yard
Parking
- 1 Car Detached Garage
- 3 Driveway Spaces
- 3 Off-Street Spaces
- Side Facing Garage
- Gravel Driveway
Home Design
- Triplex
- Colonial Architecture
- Craftsman Architecture
- Permanent Foundation
- Vinyl Siding
Interior Spaces
- Basement
- Connecting Stairway
- Second Kitchen
Outdoor Features
- Outdoor Storage
- Outbuilding
Schools
- Forest Park High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- 3 Vacant Units
- Income includes apartment rentals
- Net Operating Income $17,000
Listing and Financial Details
- The owner pays for repairs, miscellaneous, lawn/shrub care
- Tax Lot 017
- Assessor Parcel Number 0328028200 017
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2024
Closed on
Aug 23, 2024
Sold by
Flores Gilmar A
Bought by
Villalta Jose S and Reyes Blanca R
Seller's Agent
Jim Bim
Winning Edge
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
Sold Price
$191,000
Views
20
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
$47,147
Avg. Annual Appreciation
26.14%
Original Mortgage
$187,540
Interest Rate
6.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 8, 2006
Sold by
Salazar Adan
Bought by
Flores Gilmar A
Purchase Details
Closed on
Mar 16, 2000
Sold by
Salazar Adan O
Bought by
Salazar Adan
Purchase Details
Closed on
Feb 24, 1994
Sold by
Secretary Of Hud
Bought by
Salazar Adam O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,050
Interest Rate
6.96%
Purchase Details
Closed on
Aug 27, 1993
Sold by
Andoll A S
Bought by
Sec Hud
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $191,000 | Kensington Realty Title | |
| Deed | $140,000 | -- | |
| Deed | -- | -- | |
| Deed | $35,000 | -- | |
| Foreclosure Deed | $68,625 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $187,540 | New Conventional | |
| Previous Owner | $58,050 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2024 08/23/24 | Sold | $191,000 | 0.0% | $88 / Sq Ft |
| 07/30/2024 07/30/24 | Sold | $191,000 | -4.0% | $88 / Sq Ft |
| 06/04/2024 06/04/24 | Pending | -- | -- | -- |
| 05/30/2024 05/30/24 | Off Market | $199,000 | -- | -- |
| 05/30/2024 05/30/24 | For Sale | $199,000 | 0.0% | $92 / Sq Ft |
| 05/29/2024 05/29/24 | Price Changed | $199,000 | 0.0% | $92 / Sq Ft |
| 05/29/2024 05/29/24 | Price Changed | $199,000 | -11.5% | $92 / Sq Ft |
| 05/25/2024 05/25/24 | Price Changed | $224,900 | 0.0% | $104 / Sq Ft |
| 05/25/2024 05/25/24 | Price Changed | $224,900 | -- | $104 / 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 | $3,450 | $157,167 | -- | -- |
| 2024 | $3,450 | $146,900 | $51,900 | $95,000 |
| 2023 | $3,334 | $141,267 | $0 | $0 |
| 2022 | $3,201 | $142,700 | $0 | $0 |
| 2021 | $3,318 | $140,600 | $51,900 | $88,700 |
| 2020 | $2,653 | $123,067 | $0 | $0 |
| 2019 | $2,228 | $105,533 | $0 | $0 |
| 2018 | $3,031 | $137,500 | $51,900 | $85,600 |
| 2017 | $2,789 | $126,100 | $0 | $0 |
| 2016 | $2,494 | $114,700 | $0 | $0 |
| 2015 | $2,494 | $103,300 | $0 | $0 |
| 2014 | $2,494 | $103,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Bim
-
Weston Bimstefer
Seller Co-Listing Agent in 2024
Weston Bimstefer
Winning Edge
(410) 564-4950
2 in this area
173 Total Sales
-
datacorrect BrightMLS
d
Buyer's Agent in 2024
datacorrect BrightMLS
Non Subscribing Office
-
Fredis Guido
Buyer's Agent in 2024
Fredis Guido
Smart Realty, LLC
(410) 491-5990
1 in this area
55 Total Sales
Map
Source: Bright MLS
MLS Number: MDBA2125922
APN: 8200-017
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