Seller's Agent in 2021
Eric Figurelle
Cummings & Co Realtors
(410) 952-5099
2 in this area
234 Total Sales
601 S Paca St Baltimore, MD 21230
Ridgely's Delight NeighborhoodEstimated Value: $609,049 - $672,000
Studio
4
Baths
4,300
Sq Ft
$149/Sq Ft
Est. Value
Highlights
- No HOA
- Heat Pump System
- 1-minute walk to Conway Street Park
- Cooling Available
About This Home
As of July 2021Investment opportunity at 601 S. Paca St. Currently fully rented 4 unit building. This corner building has been well maintained and updated by current owners. Two 2 bedroom units, one 1 bedroom unit and an efficiency in the lower level. The two bedroom units have rented for $1,200/mo but could be rented for more. The one bedroom unit is renting for $900/mo. but could be $1,000/mo. The efficiency is rented for $875 and could be $900. The lower level and 1st floor units were renovated in the last 5-years. The 3rd floor unit has a covered rooftop deck with great views. This building also has parking for 1 car that could be rented for $100/mo. Current annual: taxes $8,040., Insurance $1,227, Annual BGE & Water approximately $4,200.
Last Agent to Sell the Property
(410) 823-0033 realtor@cummingsrealtors.com Cummings & Co. Realtors License #532638 Listed on: 06/18/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,040
Year Built
- Built in 1920
Lot Details
- 1,691 Sq Ft Lot
Home Design
- Quadruplex
- Brick Exterior Construction
Parking
- 1 Parking Space
- 1 Off-Street Space
- Driveway
- On-Street Parking
Utilities
- Cooling Available
- Heat Pump System
- Electric Water Heater
Additional Features
- Finished Basement
Community Details
- No Home Owners Association
- 4 Units
- 4-Story Building
- Ridgely's Delight Subdivision
Listing and Financial Details
- Tax Lot 060
- Assessor Parcel Number 0322060861 060
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2021
Closed on
Jul 22, 2021
Sold by
Baldanza J Todd J and Baldanza Lisa Jean
Bought by
Bear Allyson and Bear Abram
Seller's Agent
Eric Figurelle
Cummings & Co. Realtors
Buyer's Agent
Clausen Ely
Results 1 Realty LLC
List Price
$494,900
Sold Price
$525,000
Premium/Discount to List
$30,100
6.08%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,525
Avg. Annual Appreciation
4.45%
Original Mortgage
$393,750
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 7, 2002
Sold by
Tilghman Lavertta
Bought by
Harden Marrell and Tilghman Lavertta
Purchase Details
Closed on
Apr 10, 1995
Sold by
Federal Nat L Mtg Assn
Bought by
Tilghman Lavertta
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,200
Interest Rate
8.66%
Purchase Details
Closed on
Jun 8, 1994
Sold by
Maus By Tr C J
Bought by
Fed Natl Mtge Assoc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bear Allyson | $525,000 | Definitive Title Llc | |
| Harden Marrell | -- | -- | |
| Tilghman Lavertta | $76,000 | -- | |
| Fed Natl Mtge Assoc | $76,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bear Allyson | $393,750 | |
| Previous Owner | Fed Natl Mtge Assoc | $72,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/22/2021 07/22/21 | Sold | $525,000 | +6.1% | $122 / Sq Ft | |
| 06/18/2021 06/18/21 | For Sale | $494,900 | +41.4% | $115 / Sq Ft | |
| 08/14/2015 08/14/15 | Sold | $349,950 | -2.8% | $135 / Sq Ft | View Prior Sale |
| 06/24/2015 06/24/15 | Pending | -- | -- | -- | |
| 06/17/2015 06/17/15 | For Sale | $359,950 | -- | $138 / Sq Ft |
Source: Bright MLS
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 | $9,600 | $460,067 | -- | -- |
| 2024 | $9,600 | $408,733 | -- | -- |
| 2023 | $8,394 | $357,400 | $65,000 | $292,400 |
| 2022 | $8,303 | $351,833 | $0 | $0 |
| 2021 | $8,172 | $346,267 | $0 | $0 |
| 2020 | $8,041 | $340,700 | $65,000 | $275,700 |
| 2019 | $7,929 | $337,600 | $0 | $0 |
| 2018 | $7,894 | $334,500 | $0 | $0 |
| 2017 | $7,821 | $331,400 | $0 | $0 |
| 2016 | $8,362 | $328,533 | $0 | $0 |
| 2015 | $8,362 | $325,667 | $0 | $0 |
| 2014 | $8,362 | $322,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Figurelle
-
Clausen Ely
Buyer's Agent in 2021
Clausen Ely
Results 1 Realty
(202) 494-4700
3 in this area
70 Total Sales
-
D
Seller's Agent in 2015
Debbie Jenkins
Anne Arundel Properties, Inc.
-
R
Buyer's Agent in 2015
Russ Hughes
MDREAL.com, Inc.
Map
Source: Bright MLS
MLS Number: MDBA2000626
APN: 0861-060
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