$99,900
SOLD APR 26, 2019
-- Bed
-- Bath
1,240 Sq Ft
1,805 Sq Ft Lot

Recently Sold

$81 Per Sq Ft

66 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • 1-minute walk to Chestnut Hill Park
  • No HOA

About This Home

As of April 2019

GREAT INVESTMENT OPPORTUNITY! 13% CAP RATE. Separate meters. Utilities paid by tenants. First flr, excl long term tenant @ $825, 2nd flr recently vacated at $650. $17,700 gross income with a net of $13,000 +-. Very well maint by long term owner. 1st flr unit has 1 and a half baths and has been used in the past as 2 brs. There is a large back yard and a nice front porch. Attractive street of well maintained homes convenient to all. This property has been well maintained by a long term owner and somewhat updated along the way. It has an almost new rubber roof and a new chimney liner. The electrical circuit breaker panel boxes are almost new. Some cosmetic upgrades would add greatly to the value. Good opportunity to live in one and rent the other. It would be almost rent free. Tenant will allow showings Monday, Wed. and Friday from 11AM to 4Pm with a 24 hours notice.

Last Agent to Sell the Property

Melvin Knight

Coldwell Banker Realty

Coldwell Banker Realty

Co-Listed By

Aaron Craven

Allison James Estates & Homes

Last Buyer's Agent

Jacquie Harris

Samson Properties License #SP40001533

Samson Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 1,805 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 1,240 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 015
  • Assessor Parcel Number 0309204059 015

Community Details

Overview

  • No Home Owners Association
  • Waverly Subdivision

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Insurance Expense $1,200
  • Gross Income $17,700
  • Net Operating Income $13,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1921
  • Remarks Public: GREAT INVESTMENT OPPORTUNITY! 13% CAP RATE. Separate meters. Utilities paid by tenants. First flr, excl long term tenant @ $825, 2nd flr recently vacated at $650. $17,700 gross income with a net of $13,000 +-. Very well maint by long term owner. 1st flr unit has 1 and a half baths and has been used in the past as 2 brs. There is a large back yard and a nice front porch. Attractive street of well maintained homes convenient to all. This property has been well maintained by a long term owner and somewhat updated along the way. It has an almost new rubber roof and a new chimney liner. The electrical circuit breaker panel boxes are almost new. Some cosmetic upgrades would add greatly to the value. Good opportunity to live in one and rent the other. It would be almost rent free. Tenant will allow showings Monday, Wed. and Friday from 11AM to 4Pm with a 24 hours notice.
  • Special Features: None

Interior Features

  • Total Sq Ft: 1240
  • Living Area Sq Ft: 1240
  • Price Per Sq Ft: 80.56
  • Above Grade Finished Sq Ft: 1240
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 611

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
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: 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: 77300.00
  • Land Assessed Value: 30000.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1805.00
  • Year Assessed: 2018
  • Zoning: R-7
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12942748
  • Tax Annual Amount: 2500.00
  • Assessor Parcel Number: 0309204059 015
  • Tax Lot: 015
  • Tax Total Finished Sq Ft: 1240
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 04/26/2019

Multi Family

  • Number Of Units Vacant: 1
  • Gross Scheduled Income: 17700.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2
  • Single Room Units Count: 7

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 For Sale $174,500 +74.7% $141 / Sq Ft
04/26/2019 04/26/19 Sold $99,900 0.0% $81 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
01/13/2019 01/13/19 For Sale $99,900 -- $81 / 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
2024 $2,568 $127,167 $0 $0
2023 $2,740 $119,333 $0 $0
2022 $2,406 $111,500 $30,000 $81,500
2021 $2,598 $110,100 $0 $0
2020 $2,335 $108,700 $0 $0
2019 $2,520 $107,300 $30,000 $77,300
2018 $2,501 $105,967 $0 $0
2017 $2,469 $104,633 $0 $0
2016 $1,614 $103,300 $0 $0
2015 $1,614 $102,400 $0 $0
2014 $1,614 $101,500 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $98,090 FHA
Previous Owner $93,500 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $99,900 Universal Title
Source: Public Records

Source: Bright MLS

MLS Number: MDBA304784

Bright MLS

APN: 4059-015