NOT LISTED FOR SALE

Estimated Value: $320,000 - $420,895

Studio
3 Baths
1,950 Sq Ft
$190/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $451,000 $231 Per Sq Ft

Current estimated payment $2,818/month

11 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 3-minute walk to Conway Street Park

About This Home

As of May 2024

Only a 7 Minute Walk to University of Maryland Baltimore Campus, Which Houses Six Distinct Graduate Schools & Does Not Offer Students On-Campus Housing, Creating High Rental Demand. 250,000 Square Foot Addition to University of Maryland’s BioPark: Attracting 50 to 100 New Companies to Baltimore City & Encouraging Population Growth. Self-Contained Apartments Are More Easily Manageable as Tenants Control Their Own Living Environment and Pay Their Own Utilities. Affordable Entry Point into Ridgely’s Delight at Only $148,333 Per Unit. Located on the west end of South Paca, this Ridgely’s Delight 3-unit dwelling is accessed through an airy breezeway. Apartment A spans three stories and features spacious bedrooms with en-suite bathrooms. The open kitchen and living area are bright, adorned with large wooden windows that overlook a quiet, tree-lined street.

Apartment B is spread across two stories and showcases a recently renovated kitchen, boasting cement countertops, stainless steel appliances, stone backsplash, and stylish wood-shaker cabinetry. Pressed tin ceilings add charm to the main floor living area.

The studio apartment occupies the top floor of the carriage house, situated atop a one-car garage. It is outfitted practically, with upgrades including new laminate flooring throughout. Each unit is equipped with its own washer and dryer, providing added convenience for tenants. Apartments in the main building have gas-fired furnaces with central air conditioning. The carriage house has an electric heat pump with central air. Each apartment is served by its own 40-gallon electric-fired water heater. The main water supply line has been upgraded to copper, preventing a costly repair in the future. All observable interior water supply lines are copper or C-PVC. All observable drain lines are PVC. The landlord currently pays for water. Ridgely’s Delight is known for its beautiful and well-maintained rowhouses, many of which were built in the Federal style popular during the late 18th and early 19th centuries. The architecture reflects the neighborhood’s historic significance and adds to its charm.

With its proximity to the University of Maryland’s Baltimore Campus, graduate students demand quality housing within walking distance, which 637 South Paca proudly offers. Tenants can truly experience Baltimore City, with both the Orioles Stadium and Ravens Stadium close by, along with the popular restaurants and bars that host these die-hard fans. The University of Maryland’s BioPark is across the street and expected to be completed in late 2024. This project hopes to incentivize up to 100 new companies to move into the building, creating jobs, foot traffic, and increased retail. Rents at time of sale: Apt A (2 Bedroom): $1275/. Apt B (2 Bedroom): $1249. Apt C (1 Bedroom): $800

Last Agent to Sell the Property

Will Cannon

(410) 916-3331 wcannon3@gmail.com Ben Frederick Realty, Inc. Listed on: 04/25/2024

Last Buyer's Agent

Jane Huelle

(703) 927-7894 jane.huelle@gmail.com EXP Realty, LLC License #0225259409

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,487

Year Built

  • Built in 1900

Lot Details

  • 1,725 Sq Ft Lot
  • Ground Rent expires in 99 years
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Triplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Brick Foundation

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Municipal Trash

Community Details

  • 3 Units
  • Ridgely's Delight Subdivision

Listing and Financial Details

  • Tax Lot 042
  • Assessor Parcel Number 0322060861 042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,487

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Exclusions: Tenants possessions excluded.
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 1950
  • Price Per Sq Ft: 228.21
  • Above Grade Finished Sq Ft: 1950
  • Below Grade Sq Ft: 450
  • Total Below Grade Sq Ft: 450
  • Above Grade Finished Area Units: Square Feet

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 Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry, Garage Door Opener
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Heat Pump(s), Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1725.00
  • Property Condition: Good
  • Zoning: R-8
  • Zoning Description: Licensed for 3 Dwelling Units
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Years Remaining: 99
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5487.00
  • Assessor Parcel Number: 0322060861 042
  • Tax Lot: 042
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
May 31, 2024
Sold by
Vanvo Phuoc
Bought by
Another Brickhouse Llc
Seller's Agent
Will Cannon
Ben Frederick Realty, Inc.
Buyer's Agent
Jane Huelle
EXP Realty, LLC
List Price
$445,000
Sold Price
$451,000
Premium/Discount to List
$6,000
1.35%
Views
27
Current Estimated Value
$448,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,006
Avg. Annual Appreciation
-11.37%
Original Mortgage
$360,800
Outstanding Balance
$356,196
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$14,252

Purchase Details

Closed on
Nov 2, 2021
Sold by
637 South Paca Llc
Bought by
Vanvo Phuoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2003
Sold by
Burton Joseph K
Bought by
637 South Paca Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Another Brickhouse Llc $451,000 Lakeside Title
Another Brickhouse Llc $451,000 Lakeside Title
Vanvo Phuoc $356,000 Westcor Land Title
637 South Paca Llc $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Another Brickhouse Llc $360,800
Closed Another Brickhouse Llc $360,800
Previous Owner Vanvo Phuoc $267,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $451,000 +1.3% $231 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $445,000 -- $228 / 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 $5,927 $272,233 -- --
2024 $5,927 $252,367 -- --
2023 $5,487 $232,500 $65,000 $167,500
2022 $5,487 $232,500 $65,000 $167,500
2021 $5,487 $232,500 $65,000 $167,500
2020 $5,801 $245,800 $65,000 $180,800
2019 $5,773 $245,800 $65,000 $180,800
2018 $5,801 $245,800 $65,000 $180,800
2017 $6,030 $255,500 $0 $0
2016 $5,441 $246,567 $0 $0
2015 $5,441 $237,633 $0 $0
2014 $5,441 $228,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2123104

Bright MLS

APN: 0861-042