NOT LISTED FOR SALE

5418 Reisterstown Rd Baltimore, MD 21215

Woodmere Neighborhood

Estimated Value: $421,289

-- Bed
4 Baths
3,188 Sq Ft
$132/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $375,000 $118 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,474/month

1,055 Days on Market

Highlights

  • Federal Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of June 2022

INCREDIBLE INVESTMENT OPPORTUNITY! END OF GROUP ROWHOME WITH 2 COMMERCIAL SPACES AND 4 RENTAL APARTMENTS! Main level commercial space was previously used as a laundromat and a salon - keep separate or combine for a larger commercial space. 4 upper level apartments consisting of two 1 bedroom, 1 bath apartments & two 2 bedroom, 1 bath units. Separately metered and ready to add to your rental portfolio! Monthly rental income of $4,141

Last Agent to Sell the Property

Chris Cooke

(443) 802-2728 chris@chriscooketeam.com Berkshire Hathaway HomeServices Homesale Realty Listed on: 05/08/2019

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Kadesha Carroll

(443) 863-9731 kcarroll7@kw.com KW Empower License #678414

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,150

Year Built

  • Built in 1923

Lot Details

  • 2,200 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 3,188 Sq Ft Home
  • Quadruplex
  • Federal Architecture
  • Brick Exterior Construction

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tax Lot 029
  • Assessor Parcel Number 0328014510 029

Community Details

Overview

  • No Home Owners Association

Building Details

  • 2 Vacant Units
  • Income includes apartment rentals
  • Insurance Expense $2,400
  • Maintenance Expense $5,808
  • Operating Expense $15,734
  • Gross Income $58,080
  • Net Operating Income $39,862

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,150

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1923
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3188
  • Living Area Sq Ft: 3188
  • Price Per Sq Ft: 117.60
  • Above Grade Finished Sq Ft: 3188
  • Above Grade Finished Area Units: Square Feet

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
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2200.00
  • Zoning: C-2
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 58080.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3150.00
  • Assessor Parcel Number: 0328014510 029
  • Tax Lot: 029
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Number Of Units Vacant: 2
  • Gross Income: 58080.00
  • Gross Scheduled Income: 58080.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 15734.04
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2019
Closed on
Jun 24, 2022
Sold by
5418 Reisterstown Road Llc
Bought by
Harvendi Llc
Seller's Agent
Chris Cooke
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Kadesha Carroll
KW Empower
List Price
$360,000
Sold Price
$375,000
Premium/Discount to List
$15,000
4.17%
Current Estimated Value
$421,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,289
Avg. Annual Appreciation
3.54%

Purchase Details

Closed on
Aug 2, 2012
Sold by
Tyhaijack Investments Llc
Bought by
Mostow Glenn B and 5418 Reisterstown Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 4, 2009
Sold by
Mostow Glenn
Bought by
Tyhaijack Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 8, 2009
Sold by
Perhamsky Mark
Bought by
Mostow Glenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.36%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Harvendi Llc $375,000 Crown Title
Harvendi Llc $375,000 Crown Title
Mostow Glenn B $134,700 Continental Title Group
Tyhaijack Investments Llc -- --
Mostow Glenn $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mostow Glenn B $300,000
Previous Owner Mostow Glenn $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2022 06/24/22 Sold $375,000 0.0% $118 / Sq Ft
06/22/2022 06/22/22 Price Changed $374,900 0.0% $118 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
10/15/2021 10/15/21 Price Changed $374,900 -6.3% $118 / Sq Ft
08/11/2021 08/11/21 Price Changed $399,900 -2.5% $125 / Sq Ft
07/14/2020 07/14/20 Price Changed $410,000 +7.9% $129 / Sq Ft
05/09/2019 05/09/19 Price Changed $380,000 +5.6% $119 / Sq Ft
05/08/2019 05/08/19 For Sale $360,000 -- $113 / 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 $3,227 $211,433 -- --
2024 $3,227 $137,400 $26,400 $111,000
2023 $3,243 $137,400 $26,400 $111,000
2022 $3,243 $137,400 $26,400 $111,000
2021 $3,254 $137,900 $26,400 $111,500
2020 $3,220 $136,433 $0 $0
2019 $3,170 $134,967 $0 $0
2018 $3,151 $133,500 $26,400 $107,100
2017 $3,101 $131,400 $0 $0
2016 $3,191 $129,300 $0 $0
2015 $3,191 $127,200 $0 $0
2014 $3,191 $127,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Cooke

    Seller's Agent in 2022

    Chris Cooke

    Berkshire Hathaway HomeServices Homesale Realty

    (443) 802-2728

    1 in this area

    588 Total Sales

    Chris Cooke
    Section Image

  • K

    Buyer's Agent in 2022

    Kadesha Carroll

    KW Empower

    (443) 863-9731

    2 in this area

    63 Total Sales

    Kadesha Carroll
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDBA467840

Bright MLS

APN: 4510-029

Maryland Baltimore City County Baltimore 21215 Woodmere

5418 Reisterstown Rd, Baltimore, MD

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