NOT LISTED FOR SALE

Estimated Value: $241,000 - $317,614

Studio
3 Baths
2,592 Sq Ft
$108/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $155,000 $60 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,887/month

49 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Hot Water Heating System
  • 2 Fireplaces
  • Ceiling Fan
  • Property is in very good condition

About This Home

As of July 2019

Cash Flow Property for Investor, or easily convert back to Single Family Residence. OR Live in 1st Floor and Basement and Rent out 2nd Floor to subsidize your Mortgage. Recently used as 3 Units but only Licensed for 2 Units. Could apply for Zoning change or re-open existing access from 1st Floor Apartment to finished Basement Apartment. Each Apartment was considered a 1 BR Apartment. In really nice condition. Laundry in Rear Basement where Door to Basement Apartment is. Nice shaded Lot. Modern Kitchens and Baths. Well Maintained property.

Last Agent to Sell the Property

Richard Ruppert

(443) 463-5303 homesalesrick@gmail.com Samson Properties Listed on: 03/28/2019

Samson Properties

Last Buyer's Agent

Tiffnie Brandt

(410) 978-0906 poshdwellings@gmail.com Taylor Properties

Taylor Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 7,964 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • 2 Fireplaces
  • Carpet
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Exterior Lighting

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for advertising/licenses and permits, heater maintenance contract, insurance, management, repairs, real estate taxes
  • Tax Lot 014A
  • Assessor Parcel Number 0327025762 014A

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3-Story Building
  • Hamilton Heights Subdivision

Building Details

  • Income includes apartment rentals
  • Gross Income $26,400
  • Net Operating Income $17,497

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Carpet, Ceiling Fan(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3392
  • Living Area Sq Ft: 2592
  • Price Per Sq Ft: 85.34
  • Above Grade Finished Sq Ft: 1992
  • Above Grade Unfinished Sq Ft: 600
  • Below Grade Finished Sq Ft: 600
  • Below Grade Sq Ft: 200
  • Total Below Grade Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Roof: Unknown
  • 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
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Baseboard - Hot Water
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 148400.00
  • Land Assessed Value: 57200.00
  • Lot Size Acres: 0.18
  • Lot Dimensions: 44 x 181-4
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7964.00
  • Property Condition: Very Good
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Advertising/Licenses And Permits, Heater Maintenance Contract, Insurance, Management, Repairs, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 26400.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13073627
  • Tax Annual Amount: 4852.00
  • Assessor Parcel Number: 0327025762 014A
  • Tax Lot: 014A
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

Multi Family

  • Gross Scheduled Income: 26400.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,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
Mar 28, 2019
Closed on
Jul 31, 2019
Sold by
Ardmore Properties Llc
Bought by
Thomas Michael
Seller's Agent
Richard Ruppert
Samson Properties
Buyer's Agent
Tiffnie Brandt
Taylor Properties
List Price
$180,000
Sold Price
$155,000
Premium/Discount to List
-$25,000
-13.89%
Current Estimated Value
$279,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,307
Avg. Annual Appreciation
9.56%
Original Mortgage
$140,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 14, 1996
Sold by
Parks William R
Bought by
Ardmore Proeprties L L C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thomas Michael $155,000 Rgs Title Llc
Ardmore Proeprties L L C $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Thomas Michael $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $155,000 -8.8% $60 / Sq Ft
05/16/2019 05/16/19 Pending -- -- --
04/30/2019 04/30/19 Price Changed $170,000 -5.6% $66 / Sq Ft
03/28/2019 03/28/19 For Sale $180,000 -- $69 / 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 $5,113 $234,000 -- --
2024 $5,113 $217,700 $57,200 $160,500
2023 $5,019 $213,667 $0 $0
2022 $4,947 $209,633 $0 $0
2021 $4,852 $205,600 $57,200 $148,400
2020 $4,852 $205,600 $57,200 $148,400
2019 $4,829 $205,600 $57,200 $148,400
2018 $5,213 $220,900 $57,200 $163,700
2017 $4,554 $192,967 $0 $0
2016 $2,842 $165,033 $0 $0
2015 $2,842 $137,100 $0 $0
2014 $2,842 $131,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA440982

Bright MLS

APN: 5762-014A