NOT LISTED FOR SALE

5908 Benton Heights Ave Baltimore, MD 21206

Hamilton Neighborhood

Estimated Value: $345,485 - $369,000

-- Bed
3 Baths
2,472 Sq Ft
$145/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $325,000 $131 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,274/month

Highlights

  • Colonial Architecture
  • Ceiling Fan
  • Radiator

About This Home

As of July 2022

Wonderful opportunity to purchase a turnkey and well maintained four unit property in Baltimore City. This detached home features an easily marketable unit mix and has provided substantial cash flow! Units include a studio, two 1bd/1ba units and a 2bd/1ba unit that is currently vacant. Units include updated kitchens with wood cabinets, laminate flooring, tile flooring in bathrooms and newer vanities. Opportunity to improve value by adding laundry to units, upgrading appliances in units that are not renovated and implement a water reimbursement program. All tenants are market rate and would like to stay! This is a perfect opportunity for a savvy investor or a buyer who would like to house hack and have their mortgage covered!

Gross monthly rent: $2,330

Last Agent to Sell the Property

Ben Garner

(240) 216-7841 Ben@GarnerAndCo.com Cummings & Co. Realtors Listed on: 06/06/2022

Cummings & Co. Realtors

Last Buyer's Agent

Robin Hess

(410) 920-1764 robin.hess@penfedrealty.com EXIT Preferred Realty, LLC License #654226

EXIT Preferred Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,545

Year Built

  • Built in 1910

Lot Details

  • 0.27 Acre Lot

Home Design

  • Quadruplex
  • Colonial Architecture
  • Block Foundation

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Utilities

  • Window Unit Cooling System
  • Radiator
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 011
  • Assessor Parcel Number 0327035695A011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,545

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2022-06-08
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3496
  • Living Area Sq Ft: 2472
  • Price Per Sq Ft: 131.47
  • Above Grade Finished Sq Ft: 2472
  • Below Grade Sq Ft: 1024
  • Total Below Grade Sq Ft: 1024
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Previous Twelve Months: 3492.00
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 143900.00
  • Land Assessed Value: 58100.00
  • Lot Size Acres: 0.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11696.00
  • Zoning: R-5
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Water
  • Total Actual Rent: 27960.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13077532
  • Tax Annual Amount: 4545.00
  • Assessor Parcel Number: 0327035695A011
  • Tax Lot: 011
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Jul 29, 2022
Sold by
Elsabbahy Ahmed
Bought by
Boatright Bradley
Seller's Agent
Ben Garner
Cummings & Co. Realtors
Buyer's Agent
Robin Hess
EXIT Preferred Realty, LLC
List Price
$299,000
Sold Price
$325,000
Premium/Discount to List
$26,000
8.7%
Current Estimated Value
$357,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,243
Avg. Annual Appreciation
2.95%
Original Mortgage
$314,204
Interest Rate
5.7%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 18, 2018
Closed on
Mar 14, 2018
Sold by
Susan C Jordan
Bought by
Elsabbahy Ahmed
Seller's Agent
Chris Cooke
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
Ben Garner
Cummings & Co. Realtors
List Price
$199,900
Sold Price
$193,900
Premium/Discount to List
-$6,000
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.40%
Original Mortgage
$145,150
Interest Rate
4.46%
Source: Public Records

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
Boatright Bradley $320,000 --
Elsabbahy Ahmed $193,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boatright Bradley $314,204
Previous Owner Elsabbahy Ahmed $145,150
Previous Owner Elsabbahy Ahmed --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2022 07/29/22 Sold $325,000 0.0% $131 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
06/13/2022 06/13/22 Price Changed $325,000 +8.7% $131 / Sq Ft
06/06/2022 06/06/22 For Sale $299,000 +54.2% $121 / Sq Ft
02/28/2018 02/28/18 Sold $193,900 -3.0% $78 / Sq Ft View Prior Sale
01/24/2018 01/24/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $199,900 -- $81 / 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 $4,745 $238,833 -- --
2024 $4,745 $202,000 $58,100 $143,900
2023 $4,693 $198,867 $0 $0
2022 $4,619 $195,733 $0 $0
2021 $4,545 $192,600 $58,100 $134,500
2020 $4,508 $191,033 $0 $0
2019 $4,450 $189,467 $0 $0
2018 $4,434 $187,900 $58,100 $129,800
2017 $4,434 $187,900 $0 $0
2016 $5,351 $187,900 $0 $0
2015 $5,351 $220,200 $0 $0
2014 $5,351 $220,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2048110

Bright MLS

APN: 5695A-011