NOT LISTED FOR SALE

56 N Gorman Ave Baltimore, MD 21223

Lexington Neighborhood

Estimated Value: $36,000 - $98,000

3 Beds
1 Bath
-- Sq Ft
1,200 Sq Ft Lot

Last Sold September 10, 2021

Last sale price $32,000

Est. 78% increase in value since last sale

Current estimated payment $385/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Level Entry For Accessibility
  • 3-minute walk to Warwick Avenue Park
  • No HOA

About This Home

As of September 2021

INVESTMENT OPPORTUNITY - Blocks away from Grace Medical Center in the up and coming West Baltimore neighborhood of the Fayette Street Outreach community. The property was in mid renovations, walls completely stripped and gutted. Newly framed and brand new wiring for electrical. This property is waiting for the right investor to move the project along.

Last Agent to Sell the Property

Crystal Jenkins

Berkshire Hathaway HomeServices PenFed Realty Listed on: 08/23/2021

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Howard Greenberg

HG Realty Services, Ltd. License #RM419612

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $240

Year Built

  • Built in 1920

Lot Details

  • 1,200 Sq Ft Lot
  • Ground Rent of $30 per year

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Level Entry For Accessibility
  • Public Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 054
  • Assessor Parcel Number 0320142153 054

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$240

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Accessibility Features: Level Entry - Main
  • Ownership: Ground Rent
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-08-26
  • Federal Flood Zone: No
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Remarks Public: INVESTMENT OPPORTUNITY - Blocks away from Grace Medical Center in the up and coming West Baltimore neighborhood of the Fayette Street Outreach community. The property was in mid renovations, walls completely stripped and gutted. Newly framed and brand new wiring for electrical. This property is waiting for the right investor to move the project along.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 56

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main 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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer, Public Septic
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 11100.00
  • Land Assessed Value: 3000.00
  • Land Use Code: 003
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1200.00
  • Year Assessed: 2021
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 30.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13014860
  • Tax Annual Amount: 240.00
  • Assessor Parcel Number: 0320142153 054
  • Tax Lot: 054
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/10/2021

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

Listed on
Aug 23, 2021
Closed on
Sep 24, 2021
Sold by
Our Refuge Llc
Bought by
Baltimore Excel 03 Llc
Seller's Agent
Crystal Jenkins
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Howard Greenberg
HG Realty Services, Ltd.
List Price
$35,000
Sold Price
$32,000
Premium/Discount to List
-$3,000
-8.57%
Current Estimated Value
$57,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,017
Avg. Annual Appreciation
11.43%

Purchase Details

Listed on
Mar 22, 2019
Closed on
Jul 24, 2019
Sold by
2015 Reo Llc
Bought by
Our Refuge Llc
Seller's Agent
Adam Shpritz
Ashland Auction Group LLC
Buyer's Agent
Adam Shpritz
Ashland Auction Group LLC
List Price
$5,000
Sold Price
$9,500
Premium/Discount to List
$4,500
90%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.33%

Purchase Details

Closed on
Apr 3, 2019
Sold by
Director Of Fin & Collector Of St Taxes
Bought by
2015 Reo Llc
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
Baltimore Excel 03 Llc $32,000 Masters Title & Escrow
Baltimore Excel 03 Llc $32,000 New Title Company Name
Our Refuge Llc $9,500 Golden Trust T&E Llc
2015 Reo Llc $4,690 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $32,000 -8.6% --
08/26/2021 08/26/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $35,000 +268.4% --
07/30/2019 07/30/19 Sold $9,500 +90.0% --
06/12/2019 06/12/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $5,000 -- --
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 $888 $61,500 -- --
2024 $888 $37,800 $0 $0
2023 $331 $14,100 $3,000 $11,100
2022 $302 $12,800 $0 $0
2021 $271 $11,500 $0 $0
2020 $241 $10,200 $2,000 $8,200
2019 $216 $10,200 $2,000 $8,200
2018 $220 $10,200 $2,000 $8,200
2017 $328 $15,000 $0 $0
2016 -- $15,000 $0 $0
2015 $355 $15,000 $0 $0
2014 $355 $15,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Crystal Jenkins

    Seller's Agent in 2021

    Crystal Jenkins

    BHHS PenFed (actual)

    (703) 598-0819

    1 in this area

    12 Total Sales

    Section Image
  • Howard Greenberg

    Buyer's Agent in 2021

    Howard Greenberg

    HG Realty Services, Ltd.

    (267) 250-4913

    7 in this area

    249 Total Sales

    Section Image
  • Adam Shpritz

    Seller's Agent in 2019

    Adam Shpritz

    Ashland Auction Group LLC

    (410) 365-3595

    102 in this area

    3,932 Total Sales

    Section Image
  • Lee Shpritz

    Seller Co-Listing Agent in 2019

    Lee Shpritz

    Ashland Auction Group LLC

    (410) 488-3124

    101 in this area

    3,827 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDBA2009824

Bright MLS

APN: 2153-054

Maryland Baltimore City County Baltimore 21223 Lexington

56 N Gorman Ave, Baltimore, MD

This home is located at 56 N Gorman Ave, Baltimore, MD 21223 since 23 August 2021 and is currently estimated at $57,017. This property was built in 1920. 56 N Gorman Ave is a home located in Baltimore City with nearby schools including Mary Ann Winterling Elementary School, Booker T. Washington Middle School, and Edmondson Westside High School.

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