NOT LISTED FOR SALE

541 W Lafayette Ave Baltimore, MD 21217

Upton Neighborhood

Estimated Value: $26,000 - $108,000

3 Beds
1 Bath
2,139 Sq Ft
$25/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $25,500 $12 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $319/month

161 Days on Market

Highlights

  • No HOA
  • Heating Available
  • 2-minute walk to Robert C. Marshall Park

About This Home

As of March 2024

ONLINE REAL ESTATE AUCTION!! Bidding Opens - Monday, January 29, 2024. Bidding Closes - Wednesday, January 31, 2024 at 12:30 PM. List price is opening bid only. 541 W. Lafayette Avenue is located in the Upton neighborhood of West Baltimore City. Surrounding neighborhoods include Reservoir Hill, Madison Park and Penn North. Upton, also known as Historic Marble Hill, is one of Baltimore’s earliest African-American neighborhoods. Known for it’s well preserved architectural details and sparkling marble stoops, it has ties to famous African Americans such as Thurgood Marshall and Clarence Mitchell. The property is proximate to Franklin-Mulberry Expressway, one of Baltimore’s major east/west thoroughfares, and within a mile of I-83, a major north/south highway. The area has received significant investment including a recent $100 million mixed-use community development project known as Reservoir Square, formerly Madison Park North. The new community will feature 120 new townhomes, 200 apartments, approximately 100,000 SF of office space, community improvements and more. Restaurants, retail and various entertainment options are available throughout a one mile radius of the home. Grocery stores, parks and recreation centers are nearby as well. Residents of the area have access to public transportation including the Upton Metro station located four blocks away. Major employers in the area include Maryland Institute College of Art (MICA), The University of Baltimore and University of Maryland, Baltimore.

Last Listed By

Luis Arrazola

A.J. Billig & Company License #676566 Listed on: 08/23/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $205

Year Built

  • Built in 1920

Lot Details

  • 1,240 Sq Ft Lot
  • Ground Rent of $140 semi-annually

Home Design

  • Fixer Upper
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating Available

Community Details

  • No Home Owners Association
  • Upton Subdivision

Listing and Financial Details

  • Tax Lot 062
  • Assessor Parcel Number 0317010414 062

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$205

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Ground Rent
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: ONLINE REAL ESTATE AUCTION!! Bidding Opens - Monday, January 29, 2024. Bidding Closes - Wednesday, January 31, 2024 at 12:30 PM. List price is opening bid only. 541 W. Lafayette Avenue is located in the Upton neighborhood of West Baltimore City. Surrounding neighborhoods include Reservoir Hill, Madison Park and Penn North. Upton, also known as Historic Marble Hill, is one of Baltimore’s earliest African-American neighborhoods. Known for it’s well preserved architectural details and sparkling marble stoops, it has ties to famous African Americans such as Thurgood Marshall and Clarence Mitchell. The property is proximate to Franklin-Mulberry Expressway, one of Baltimore’s major east/west thoroughfares, and within a mile of I-83, a major north/south highway. The area has received significant investment including a recent $100 million mixed-use community development project known as Reservoir Square, formerly Madison Park North. The new community will feature 120 new townhomes, 200 apartments, approximately 100,000 SF of office space, community improvements and more. Restaurants, retail and various entertainment options are available throughout a one mile radius of the home. Grocery stores, parks and recreation centers are nearby as well. Residents of the area have access to public transportation including the Upton Metro station located four blocks away. Major employers in the area include Maryland Institute College of Art (MICA), The University of Baltimore and University of Maryland, Baltimore.
  • Special Features: Auction
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2916
  • Living Area Sq Ft: 2139
  • Price Per Sq Ft: 2.34
  • Above Grade Finished Sq Ft: 2139
  • Below Grade Sq Ft: 777
  • Total Below Grade Sq Ft: 777
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 541

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

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

Utilities

  • Central Air Conditioning: No
  • 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

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1240.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2023
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 140.00
  • Ground Rent Pymnt Freq: Semi-Annually
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 205.00
  • Assessor Parcel Number: 0317010414 062
  • Tax Lot: 062
  • Tax Total Finished Sq Ft: 2139
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 03/08/2024

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Mar 11, 2024
Sold by
Baltimore Impact Prop Ii Llc
Bought by
King Brown Llc
Seller's Agent
Luis Arrazola
A.J. Billig & Company
Buyer's Agent
Luis Arrazola
A.J. Billig & Company
List Price
$5,000
Sold Price
$25,500
Premium/Discount to List
$20,500
410%
Total Days on Market
161
Views
103
Current Estimated Value
$53,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,912
Avg. Annual Appreciation
83.31%

Purchase Details

Closed on
Jun 2, 1992
Sold by
Paul Jesse Associates
Bought by
Middleton Esther M and Todd Dolly M

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
King Brown Llc $25,500 Certified Title
Middleton Esther M $8,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $25,500 +410.0% $12 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $5,000 0.0% $2 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $5,000 -- $2 / 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
2024 $243 $10,333 $0 $0
2023 $204 $8,667 $0 $0
2022 $165 $7,000 $1,000 $6,000
2021 $165 $7,000 $1,000 $6,000
2020 $165 $7,000 $1,000 $6,000
2019 $282 $12,000 $3,000 $9,000
2018 $212 $9,000 $0 $0
2017 $142 $6,000 $0 $0
2016 $87 $3,000 $0 $0
2015 $87 $3,000 $0 $0
2014 $87 $3,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Luis Arrazola

    Seller's Agent in 2024

    Luis Arrazola

    A.J. Billig & Company

    (410) 296-8441

    2 in this area

    396 Total Sales

    Luis Arrazola
    Section Image
  • Charles Billig

    Seller Co-Listing Agent in 2024

    Charles Billig

    A.J. Billig & Company

    (410) 296-8440

    1 in this area

    566 Total Sales

    Charles Billig
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDBA2096578

Bright MLS

APN: 0414-062

Maryland Baltimore City County Baltimore 21217 Upton

541 W Lafayette Ave, Baltimore, MD

Homes for Sale in Baltimore, MD

This home is located at 541 W Lafayette Ave, Baltimore, MD 21217 since 23 August 2023 and is currently estimated at $53,412, approximately $24 per square foot. This property was built in 1920. 541 W Lafayette Ave is a home located in Baltimore City with nearby schools including The Historic Samuel Coleridge-Taylor Elementary School, Booker T. Washington Middle School, and Frederick Douglass High School.

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