Seller's Agent in 2021
Matt Cooper
Alex Cooper Auctioneers, Inc.
(410) 977-4711
2 in this area
176 Total Sales
Estimated Value: $320,825 - $337,000
This property is being sold in conjunction with 500 Druid Hill Avenue as an entirety. List price to be opening bid for online only auction. Bidding begins Thursday, June 17th and ends Tuesday, June 22nd at 1:00PM. Six Unit Apartment Assemblage Consisting of Two Fully Leased Adjacent Three Unit Apartment Buildings in the "Seton Hill" Neighborhood of Baltimore City. **Current Gross Scheduled Annual Rent Of $64,800** Exceptional opportunity to purchase a total of 6 apartment units located in the Seton Hill Neighborhood of Baltimore City. Building Layout: Each building consists of three, 2 Bedroom and 1 full bath units. The units in 646 Jasper St are estimated to be 800 +/- sq. ft. and 500 Druid Hill Ave. units are estimated to be 1,100 +/- sq. ft. Utilities: 646 Jasper St. units each have their own electric meters, gas meters and hot water heater. Heat is electric and AC is provided by window units. 500 Druid Hill Ave. has 3 electric meters and 1 gas meter. Landlord pays gas for cooking ranges and gas fireplaces. On 2nd floor tenant pays $100/month utility charge as a flat fee. Landlord pays for "cold" water and sewer. Current Gross Monthly Rent: $5,400. Current Gross Scheduled Annual Rent: $64,800. 500 Druid Hill Avenue, Unit 1 is currently rented for $1,000/month. 500 Druid Hill Avenue, Unit 2 is currently rented for $950/month. (Lease expires July, 2021). 500 Druid Hill Avenue, Unit 3 is currently rented for $1,000/month. (Lease expires July 2021). 646 Jasper Street, Unit 1 is a 1BR 1 BA is currently rented for $850/month. (Lease expires February, 2022). 646 Jasper Street, Unit 2 is a 1BR 1BA currently rented for $800month. (Lease expires May, 2021). 646 Jasper Street, Unit 3 is a 2BR 1BA currently rented for $800/month. (Lease expires May, 2022). Please Note: This property assemblage adjacent to 502 Druid Hill Avenue which is being offered for auction on the same day.
Last Agent to Sell the Property
(410) 828-4838 Matt@alexcooper.com Alex Cooper Auctioneers, Inc. License #BR704493 Listed on: 06/03/2021
Last Buyer's Agent
(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Infinite Home Group 64 Ll | $699,000 | Castle Title | |
| Hn Realty Services Llc | $430,500 | Castle Title Llc | |
| Seton Hill Properties Llc | $160,000 | Definitive Title Llc | |
| Amida Properties Llc | -- | -- | |
| Amida Properties Llc | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Infinite Home Group 64 Ll | $524,250 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/15/2021 09/15/21 | Sold | $430,500 | +115.3% | $227 / Sq Ft |
| 06/22/2021 06/22/21 | Pending | -- | -- | -- |
| 06/03/2021 06/03/21 | For Sale | $200,000 | -- | $105 / Sq Ft |
| 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 | $6,172 | $311,700 | $50,000 | $261,700 |
| 2024 | $6,172 | $262,767 | -- | -- |
| 2023 | $5,046 | $213,833 | $0 | $0 |
| 2022 | $3,892 | $164,900 | $50,000 | $114,900 |
| 2021 | $3,781 | $160,200 | $0 | $0 |
| 2020 | $3,670 | $155,500 | $0 | $0 |
| 2019 | $3,542 | $150,800 | $50,000 | $100,800 |
| 2018 | $3,559 | $150,800 | $50,000 | $100,800 |
| 2017 | $3,559 | $150,800 | $0 | $0 |
| 2016 | $3,837 | $150,800 | $0 | $0 |
| 2015 | $3,837 | $123,867 | $0 | $0 |
| 2014 | $3,837 | $97,367 | $0 | $0 |
Seller's Agent in 2021
Matt Cooper
Alex Cooper Auctioneers, Inc.
(410) 977-4711
2 in this area
176 Total Sales
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Buyer's Agent in 2021
datacorrect BrightMLS
Non Subscribing Office
Source: Bright MLS
MLS Number: MDBA553624
APN: 0547B-098
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