NOT LISTED FOR SALE

Estimated Value: $320,825 - $337,000

Studio
3 Baths
1,900 Sq Ft
$173/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $430,500 $227 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $2,309/month

19 Days on Market

Highlights

  • Traditional Architecture
  • 3-minute walk to Centre Street
  • Heating Available
  • No HOA
  • Window Unit Cooling System
  • 3-minute walk to Howards Park Dog Park

About This Home

As of September 2021

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

Matt Cooper

(410) 828-4838 Matt@alexcooper.com Alex Cooper Auctioneers, Inc. License #BR704493 Listed on: 06/03/2021

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,669

Year Built

  • Built in 1920

Parking

  • On-Street Parking

Home Design

  • 1,900 Sq Ft Home
  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Electric Water Heater

Additional Features

  • Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 098
  • Assessor Parcel Number 0317080547B098

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,669

Year Built

Built in 1920

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: Auction

Interior Features

  • Basement: Yes
  • Total Sq Ft: 1900
  • Living Area Sq Ft: 1900
  • Price Per Sq Ft: 105.26
  • Above Grade Finished Sq Ft: 1900
  • 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: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 114900.00
  • Land Assessed Value: 50000.00
  • Lot Size Units: Square Feet
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13000989
  • Tax Annual Amount: 3669.00
  • Assessor Parcel Number: 0317080547B098
  • Tax Lot: 098
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Sep 17, 2021
Sold by
Hn Realty Services Llc
Bought by
Infinite Home Group 64 Ll
Seller's Agent
Matt Cooper
Alex Cooper Auctioneers, Inc.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$200,000
Sold Price
$430,500
Premium/Discount to List
$230,500
115.25%
Current Estimated Value
$335,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$94,753
Avg. Annual Appreciation
-5.76%
Original Mortgage
$524,250
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2021
Closed on
Sep 15, 2021
Sold by
Seton Hill Properties Llc
Bought by
Hn Realty Services Llc
Seller's Agent
Matt Cooper
Alex Cooper Auctioneers, Inc.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$200,000
Sold Price
$430,500
Premium/Discount to List
$230,500
115.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,250
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2014
Sold by
Amida Properties Llc
Bought by
Seton Hill Properties Llc

Purchase Details

Closed on
Feb 8, 2008
Sold by
Mckenzie Claude F
Bought by
Amida Properties Llc

Purchase Details

Closed on
Feb 7, 2008
Sold by
Mckenzie Claude F
Bought by
Amida Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
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 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Infinite Home Group 64 Ll $524,250
Source: Public Records

Property History

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
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 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA553624

Bright MLS

APN: 0547B-098

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