NOT LISTED FOR SALE

5501 Peerless Ave Baltimore, MD 21207

Grove Park Neighborhood
-- Bed
-- Bath
15,000 Sq Ft
0.5 Acres

Last Sold December 05, 2018

Last sale price $780,000 $52 Per Sq Ft

Highlights

  • 0.5 Acre Lot
  • Level Entry For Accessibility
  • Property is in very good condition
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of December 2018

Turn Key Income Producing Multi-Unit Property. Fully Occupied. New Roof. New Windows. 7 out of 8 units renovated. 6 of 8 Units partnered with St. Vincent which pays rent on tenants behalf. All units have Lead Certificate. Separately metered for Gas and Electric (tenant responsibility) Schedule Appointment Online

Last Agent to Sell the Property

Frantz Derenoncourt

(240) 645-8175 fjdrealestate@gmail.com Samson Properties License #522150 Listed on: 07/20/2018

Samson Properties

Last Buyer's Agent

Robert Gamzeh

(202) 361-3050 robert@nnnig.com Triple Net Investment Group LLC License #0225088488

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,243

Year Built

  • Built in 1950

Lot Details

  • 0.5 Acre Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • 15,000 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 055
  • Assessor Parcel Number 0328028282 055

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $17,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,243

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2018-07-20
  • Year Built: 1950
  • Remarks Public: Turn Key Income Producing Multi-Unit Property. Fully Occupied. New Roof. New Windows. 7 out of 8 units renovated. 6 of 8 Units partnered with St. Vincent which pays rent on tenants behalf. All units have Lead Certificate. Separately metered for Gas and Electric (tenant responsibility) Schedule Appointment Online
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Basement: No
  • Total Sq Ft: 15000
  • Living Area Sq Ft: 15000
  • Price Per Sq Ft: 59.99
  • Above Grade Finished Sq Ft: 15000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5501

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Roof: Shingle
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454

Lot Info

  • Improvement Assessed Value: 479900.00
  • Land Assessed Value: 64800.00
  • Lot Size Acres: 0.50
  • Lot Size Area: 21600
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21600.00
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: 3
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13122372
  • Tax Annual Amount: 12242.90
  • Assessor Parcel Number: 0328028282 055
  • Tax Lot: 055
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 12/05/2018

Multi Family

  • Gross Income: 110700.00
  • Operating Expense: 17000.00

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2018 12/05/18 Sold $780,000 -13.3% $52 / Sq Ft
11/30/2018 11/30/18 For Sale $899,900 0.0% $60 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $899,900 +50.0% $60 / Sq Ft
04/02/2016 04/02/16 Sold $600,000 -11.1% -- View Prior Sale
03/07/2016 03/07/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $675,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Frantz Derenoncourt

    Seller's Agent in 2018

    Frantz Derenoncourt

    Samson Properties

    (240) 645-8175

    39 Total Sales

    Frantz Derenoncourt
    Section Image
  • Robert Gamzeh

    Buyer's Agent in 2018

    Robert Gamzeh

    Triple Net Investment Group LLC

    (202) 361-3050

    7 Total Sales

    Robert Gamzeh
    Section Image

  • O

    Seller's Agent in 2016

    Oludotun Dawodu

    Keller Williams Preferred Properties

    (202) 439-5336

    23 Total Sales

    Oludotun Dawodu
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002060704

Bright MLS
Maryland Baltimore City County Baltimore 21207 Grove Park

5501 Peerless Ave, Baltimore, MD

This home is located at 5501 Peerless Ave, Baltimore, MD 21207 since 20 July 2018. This property was built in 1950. 5501 Peerless Ave is a home located in Baltimore City with nearby schools including Calvin M. Rodwell Elementary School, Booker T. Washington Middle School, and Forest Park High School.

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