NOT LISTED FOR SALE

5331 Nelson Ave Baltimore, MD 21215

Arlington Neighborhood

Estimated Value: $131,000

Studio
2 Baths
1,428 Sq Ft
$92/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $106,000 $74 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $727/month

About This Home

As of May 2022

2 UNIT available in the Arlington Neighborhood. Each unit has a living room, kitchen, 2 bedrooms and 1 bath. Separate electric/gas meters for each unit. Partially finished basement with a half bath that is accessible by both units. SOLD AS-IS. ZONING/GR/HOA/FF fees TBD by buyer. Seller pays NO transfer/ recordation costs. AGENTS SEE AGENT REMARKS FOR OFFER INSTRUCTIONS.

Last Agent to Sell the Property

Christopher Palazzi

(410) 935-8060 cpalazzi@cummingsrealtors.com Cummings & Co. Realtors License #596131 Listed on: 05/27/2022

Cummings & Co. Realtors

Last Buyer's Agent

Non Member Member

beta@mris.net Metropolitan Regional Information Systems, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,652

Year Built

  • Built in 1948

Lot Details

  • 871 Sq Ft Lot
  • Ground Rent of $54 semi-annually

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Fixer Upper
  • Brick Exterior Construction
  • Block Foundation

Partially Finished Basement

  • Connecting Stairway
  • Basement with some natural light

Utilities

  • Radiator
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Arlington Subdivision

Listing and Financial Details

  • Tax Lot 049
  • Assessor Parcel Number 0327214511B049

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,652

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Ground Rent
  • New Construction: No
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Partially Finished
  • Total Sq Ft: 2142
  • Living Area Sq Ft: 1428
  • Price Per Sq Ft: 62.32
  • Above Grade Finished Sq Ft: 1428
  • Below Grade Sq Ft: 714
  • Total Below Grade Sq Ft: 714
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • 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: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 871.20
  • Property Condition: Major Rehab Needed
  • Zoning: R-6
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 54.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Semi-Annually
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1652.00
  • Assessor Parcel Number: 0327214511B049
  • Tax Lot: 049
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Income Expense List: Annual Ground Rent

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2024
Sold by
Kosoy Gary
Bought by
Ak Homes Llc
Current Estimated Value
$131,000

Purchase Details

Listed on
May 27, 2022
Closed on
May 25, 2022
Sold by
Apex Bank
Bought by
Kosoy Gary
Seller's Agent
Christopher Palazzi
Cummings & Co. Realtors
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$89,000
Sold Price
$106,000
Premium/Discount to List
$17,000
19.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$106,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2019
Sold by
Brown Billie Jo
Bought by
Apex Bank

Purchase Details

Closed on
Mar 27, 2000
Sold by
Brown Billie Jo
Bought by
Brown Billie Jo

Purchase Details

Closed on
Oct 23, 1998
Sold by
Lloyd Clara
Bought by
Brown Billie Jo and Brown Alan Y
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ak Homes Llc -- None Listed On Document
Kosoy Gary $106,000 --
Apex Bank $63,800 None Available
Brown Billie Jo -- --
Brown Billie Jo $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kosoy Gary $106,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2022 05/27/22 Sold $106,000 +19.1% $74 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $89,000 -16.0% $62 / Sq Ft
05/25/2022 05/25/22 Sold $106,000 +19.1% $74 / Sq Ft View Prior Sale
04/26/2022 04/26/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $89,000 -- $62 / 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 $587 $58,333 -- --
2024 $587 $25,000 $12,000 $13,000
2023 $587 $25,000 $12,000 $13,000
2022 $590 $25,000 $12,000 $13,000
2021 $1,652 $70,000 $14,000 $56,000
2020 $1,573 $66,667 $0 $0
2019 $1,488 $63,333 $0 $0
2018 $1,416 $60,000 $12,000 $48,000
2017 $1,416 $60,000 $0 $0
2016 $1,663 $60,000 $0 $0
2015 $1,663 $70,200 $0 $0
2014 $1,663 $70,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christopher Palazzi

    Seller's Agent in 2022

    Christopher Palazzi

    Cummings & Co Realtors

    (410) 935-8060

    2 in this area

    239 Total Sales

    Christopher Palazzi
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member Member

    Metropolitan Regional Information Systems

See All Agents

Map

Source: Bright MLS

MLS Number: MDBA2046994

Bright MLS

APN: 4511B-049

Maryland Baltimore City County Baltimore 21215 Arlington

5331 Nelson Ave, Baltimore, MD

Not Listed for Sale

MultiFamily

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