Seller's Agent in 2024
Will Cannon
Ben Frederick Realty, Inc.
(410) 916-3331
1 in this area
76 Total Sales
628 E 37th St Baltimore, MD 21218
Waverly NeighborhoodEstimated Value: $187,000 - $203,878
3
Beds
1
Bath
1,599
Sq Ft
$122/Sq Ft
Est. Value
Highlights
- No HOA
- Radiator
- 1-minute walk to Chestnut Hill Park
- Property is in very good condition
About This Home
As of July 2024> Renovated, Turn-Key Rental Home in Waverly Provides Stable Income with Reduced Maintenance Costs
> Modern & Appealing Finishes are Desirable for Tenants, Ensuring High Occupancy Rates
> One Mile from Union Memorial MedStar Hospital, Home to Over 2,500 Employees
> From LiveBaltimore.com: “Waverly boasts quick access to a YMCA, year-round farmers market, a commercial corridor and major commuting routes”. A bright and spacious open floor plan greets tenants as they enter from their covered porch. Recessed lighting and large windows compliment the hardwood floors. Tenants appreciate ample wood shaker cabinetry and granite counters in the kitchen, including a breakfast bar. A top-notch appliance suite keeps this property one step ahead of other rentals in the immediate area, including a French door refrigerator with bottom freezer, gas range, dishwasher and over-the-range microwave. Three bedrooms and a full bathroom are located on the second floor. The bathroom has a modern vanity and steel tub with ceramic tile tub-surround, which tenants can easily clean and maintain. The kitchen and bathroom have ceramic tile flooring; upstairs is carpeted. A full basement allows tenants additional storage space and access to a full-size washer and dryer. This Waverly investment property is easy to manage, as tenants are responsible for all utilities. The home is heated by a Columbia gas-fired hot-water boiler with radiator distribution. Tenants provide their own window air conditioners. A 40-gallon Rheem water heater, replaced in 2021, provides hot water. 100 amps serve the property. The main water supply is copper, saving a buyer worry and costly replacement in the future, with interior lines a mix of C-PVC and steel. All observable interior drain lines appear to be PVC. LiveBaltimore.com loves Waverly, stating “quick access to a YMCA, year-round farmers market, a commercial corridor and major commuting routes.” Only one mile away from Union Memorial MedStar Hospital, and a little over a mile to Johns Hopkins University Homewood Campus. Loyola University is 1.5 miles northeast. The Waverly “Y” is within walking distance and offers an indoor pool with 4 swim lanes, 6,600 square foot fitness center and rock wall. There is plenty of green space nearby, as the neighborhood used to be home to Memorial Stadium, former home of the Baltimore Orioles. Now the Ripken Memorial Stadium Ball Field is a multiple use turf field, with full football field and 60′ baseball diamond, open to the public. More and more investors are finding that nearby outdoor amenities, and not indoor amenities, lead to higher tenant retention. The proximity to the YMCA and Ripken Ball Field creates happier, longer-term tenants.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,830
Year Built
- Built in 1922
Lot Details
- 1,274 Sq Ft Lot
- Property is in very good condition
Home Design
- Converted Dwelling
- Brick Exterior Construction
- Brick Foundation
- Rubber Roof
Interior Spaces
- Property has 2 Levels
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Window Unit Cooling System
- Radiator
- 100 Amp Service
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Waverly Subdivision
Listing and Financial Details
- Tax Lot 015
- Assessor Parcel Number 0309204059B015
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2024
Closed on
Jul 12, 2024
Sold by
Orraca Lian and Sawyer Ryan M
Bought by
Olagunju Olabisi Oluwatoyin
Seller's Agent
Will Cannon
Ben Frederick Realty, Inc.
Buyer's Agent
THERESE NZEKIO
Keller Williams Legacy
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
Views
28
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
$25,439
Avg. Annual Appreciation
6.38%
Purchase Details
Listed on
Aug 1, 2019
Closed on
Nov 1, 2019
Sold by
Schectman Carla Beth
Bought by
Sawyer Ryan M and Rosario Lian R Orraca
Seller's Agent
Sydney Simms
Samson Properties
Buyer's Agent
Jacqueline Johnson
Century 21 Downtown
List Price
$75,000
Sold Price
$75,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.02%
Original Mortgage
$63,750
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 18, 2015
Sold by
Schectman Julie A and Schectman Carla
Bought by
Schectman Carla Beth
Purchase Details
Closed on
Jun 8, 2011
Sold by
Fannie Mae
Bought by
Schectman Julie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,936
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
May 17, 2011
Sold by
Moore Spellen Sandra and Spellen Joseph C
Bought by
Fannie Mae and Federal National Mortgage Association
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,936
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 9, 2001
Sold by
Crestar Bank
Bought by
Schectman Julie
Purchase Details
Closed on
Sep 14, 2000
Sold by
Mobley Ronald L
Bought by
Crestar Bank
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Olagunju Olabisi Oluwatoyin | $170,000 | Universal Title | |
| Sawyer Ryan M | $75,000 | Essential Title Services Llc | |
| Schectman Carla Beth | -- | None Available | |
| Schectman Julie | $32,000 | Supreme Title Company | |
| Fannie Mae | $158,700 | None Available | |
| Schectman Julie | $20,000 | -- | |
| Spellen Joseph C | $20,000 | -- | |
| Crestar Bank | $56,225 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rosario Lian R Orraca | $116,250 | |
| Previous Owner | Sawyer Ryan M | $63,750 | |
| Previous Owner | Schectman Julie | $38,936 | |
| Previous Owner | Fannie Mae | $38,936 | |
| Previous Owner | Moore Spellen Sandra | $132,000 | |
| Previous Owner | Spellen Joseph C | $72,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2024 07/12/24 | Sold | $170,000 | -2.9% | $106 / Sq Ft |
| 06/24/2024 06/24/24 | Pending | -- | -- | -- |
| 05/09/2024 05/09/24 | For Sale | $175,000 | 0.0% | $109 / Sq Ft |
| 02/14/2020 02/14/20 | Rented | $1,300 | -7.1% | -- |
| 01/29/2020 01/29/20 | Under Contract | -- | -- | -- |
| 01/15/2020 01/15/20 | Price Changed | $1,399 | -3.5% | $1 / Sq Ft |
| 01/06/2020 01/06/20 | For Rent | $1,450 | 0.0% | -- |
| 11/01/2019 11/01/19 | Sold | $75,000 | 0.0% | $47 / Sq Ft |
| 09/22/2019 09/22/19 | Pending | -- | -- | -- |
| 09/17/2019 09/17/19 | For Sale | $75,000 | 0.0% | $47 / Sq Ft |
| 09/08/2019 09/08/19 | Pending | -- | -- | -- |
| 09/03/2019 09/03/19 | Price Changed | $75,000 | -16.7% | $47 / Sq Ft |
| 08/11/2019 08/11/19 | Price Changed | $90,000 | -18.2% | $56 / Sq Ft |
| 08/01/2019 08/01/19 | For Sale | $110,000 | -- | $69 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,003 | $135,800 | $30,000 | $105,800 |
| 2024 | $3,003 | $127,867 | $0 | $0 |
| 2023 | $2,830 | $119,933 | $0 | $0 |
| 2022 | $2,643 | $112,000 | $30,000 | $82,000 |
| 2021 | $2,621 | $111,067 | $0 | $0 |
| 2020 | $2,599 | $110,133 | $0 | $0 |
| 2019 | $2,341 | $109,200 | $30,000 | $79,200 |
| 2018 | $3,552 | $107,900 | $0 | $0 |
| 2017 | $2,343 | $106,600 | $0 | $0 |
| 2016 | $1,260 | $105,300 | $0 | $0 |
| 2015 | $1,260 | $105,300 | $0 | $0 |
| 2014 | $1,260 | $105,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2024
Cheryl Sadera
Ben Frederick Realty, Inc.
(410) 688-1348
1 in this area
78 Total Sales
-
Buyer's Agent in 2024
THERESE NZEKIO
Keller Williams Legacy
(646) 897-1156
1 in this area
3 Total Sales
-
Seller's Agent in 2020
Raul Arrunategui
Taylor Properties
(443) 225-8748
18 Total Sales
-
Seller's Agent in 2019
Sydney Simms
Samson Properties
(301) 529-6127
9 Total Sales
-
Buyer's Agent in 2019
Jacqueline Johnson
Century 21 Downtown
(443) 834-4470
8 Total Sales
Map
Source: Bright MLS
MLS Number: MDBA2124754
APN: 4059B-015
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