NOT LISTED FOR SALE

6 W Mount Vernon Place Unit B1 Baltimore, MD 21201

Mount Vernon Neighborhood

Estimated Value: $334,758 - $339,000

2 Beds
2 Baths
1,061 Sq Ft
$200/mo HOA Fee

Last Sold January 10, 2022

Last sale price $290,000 $273 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,453/month

Highlights

  • Beaux Arts Architecture
  • Combination Dining and Living Room
  • Laundry Facilities
  • Breakfast Area or Nook
  • Electric Baseboard Heater
  • 1-minute walk to Mount Vernon Place

About This Home

As of January 2022

This is a sweet deal for the savvy business investor or owner planning to occupy. Two separate condos deeded as one. Beautiful Beaux Arts building in the heart of Mt. Vernon. These two units are basement level condos. One is located in the front of the building, the 2nd one in the rear of the building. Fully renovated and furnished. All furniture and fixtures convey with purchase. The building houses 8 condos total. All are owner occupied except these two for sale. Approved and documented as rentals with the condo association. Low, low condo fees includes all exterior maintenance, common area maintenance as well as water. Walk to all local restaurants, museums, Peabody Institute and more. Johns Hopkins Shuttle stops 400 yards from the front door!

Excellent cash flow with a solid rental above market rate consistently. Short term rentals to business travelers as well as traveling medical professionals. You will enter the building experiencing the grandeur of the first floor lobby. Condos are on lower level. You want to take a look at this unique property to appreciate the value. 72 hour advance notice required. No exceptions. Tenant occupied. CASH or alternative financing through CSC Commercial. Call for details.

Last Agent to Sell the Property

Suzanne Ludwig

(410) 207-5900 sludwig@cbmove.com Cummings & Co. Realtors Listed on: 09/15/2021

Cummings & Co. Realtors

Last Buyer's Agent

Jennifer Thomas

(410) 598-8343 Jenrent2004@yahoo.com RE/MAX Executive

RE/MAX Executive

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,630

Year Built

  • Built in 1890

Lot Details

  • 1,045

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Beaux Arts Architecture
  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 1,061 Sq Ft Home
  • Property has 4 Levels
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Vented Exhaust Fan
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0311100524 002

Community Details

Overview

  • Association fees include water, sewer, snow removal
  • Low-Rise Condominium
  • Mount Vernon Place Historic District Subdivision
  • Property Manager

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,630

Year Built

Built in 1890

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Beaux Arts
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • Inclusions: All contents of condos. Fully furnished. All Appliances convey.
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Remarks Public: This is a sweet deal for the savvy business investor or owner planning to occupy. Two separate condos deeded as one. Beautiful Beaux Arts building in the heart of Mt. Vernon. These two units are basement level condos. One is located in the front of the building, the 2nd one in the rear of the building. Fully renovated and furnished. All furniture and fixtures convey with purchase. The building houses 8 condos total. All are owner occupied except these two for sale. Approved and documented as rentals with the condo association. Low, low condo fees includes all exterior maintenance, common area maintenance as well as water. Walk to all local restaurants, museums, Peabody Institute and more. Johns Hopkins Shuttle stops 400 yards from the front door! Excellent cash flow with a solid rental above market rate consistently. Short term rentals to business travelers as well as traveling medical professionals. You will enter the building experiencing the grandeur of the first floor lobby. Condos are on lower level. You want to take a look at this unique property to appreciate the value. 72 hour advance notice required. No exceptions. Tenant occupied. CASH or alternative financing through CSC Commercial. Call for details.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Microwave, Refrigerator, Stove
  • Interior Amenities: Breakfast Area, Combination Dining/Living
  • Floors In Unit Count: 1
  • Levels Count: 4
  • Basement: No
  • Total Sq Ft: 1061
  • Living Area Sq Ft: 1061
  • Price Per Sq Ft: 281.81
  • Above Grade Finished Sq Ft: 1061
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6

Beds/Baths

  • Bedrooms: 2
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Lower Levels Bathrooms: 2
  • Lower Levels Bathrooms: 2.00
  • Lower Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Masonry
  • 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: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 200.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Snow Removal
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: 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: 115400.00
  • Land Assessed Value: 38400.00
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 12948285
  • Tax Annual Amount: 3630.00
  • Assessor Parcel Number: 0311100524 002
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 01/10/2022

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Jan 14, 2022
Sold by
Roman Meytin
Bought by
Martin Jabari Ian Justin
Seller's Agent
Suzanne Ludwig
Cummings & Co. Realtors
Buyer's Agent
Jennifer Thomas
RE/MAX Executive
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Current Estimated Value
$336,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,879
Avg. Annual Appreciation
4.11%
Original Mortgage
$194,350
Outstanding Balance
$179,374
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$157,505

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jun 20, 2016
Sold by
Sutton Michael G and Schenk Peter M
Bought by
Meytin Roman
Seller's Agent
Barbara L Goldberg
Long & Foster Real Estate, Inc.
Buyer's Agent
Barbara L Goldberg
Long & Foster Real Estate, Inc.
List Price
$179,000
Sold Price
$130,000
Premium/Discount to List
-$49,000
-27.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.52%

Purchase Details

Closed on
Dec 30, 2009
Sold by
Magruder William W
Bought by
Sutton Michael G and Schenk Peter M

Purchase Details

Closed on
Jun 17, 2009
Sold by
Brinton R Olph W
Bought by
Magruder William W and Knight David J

Purchase Details

Closed on
Oct 17, 1990
Sold by
Brinton Randolph W
Bought by
Brinton Randolph W
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
Martin Jabari Ian Justin $290,000 Old Republic National Title
Meytin Roman $130,000 Continental Title Group
Sutton Michael G $109,000 --
Magruder William W $5,000 --
Brinton Randolph W $103,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Jabari Ian Justin $194,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Sold $290,000 -3.0% $273 / Sq Ft
09/15/2021 09/15/21 For Sale $299,000 +3.1% $282 / Sq Ft
08/24/2021 08/24/21 Sold $290,000 -3.0% $273 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $299,000 +130.0% $282 / Sq Ft
06/20/2016 06/20/16 Sold $130,000 -27.4% $123 / Sq Ft
05/08/2016 05/08/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $179,000 -- $169 / 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 $5,606 $281,100 $70,200 $210,900
2024 $5,606 $238,667 $0 $0
2023 $4,631 $196,233 $0 $0
2022 $3,630 $153,800 $38,400 $115,400
2021 $3,630 $153,800 $38,400 $115,400
2020 $3,630 $153,800 $38,400 $115,400
2019 $3,612 $153,800 $38,400 $115,400
2018 $3,600 $152,533 $0 $0
2017 $3,570 $151,267 $0 $0
2016 $2,487 $150,000 $0 $0
2015 $2,487 $135,000 $0 $0
2014 $2,487 $120,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2012924

Bright MLS

APN: 0524-002