NOT LISTED FOR SALE

Estimated Value: $337,309 - $368,000

Studio
3 Baths
1,900 Sq Ft
$186/Sq Ft Est. Value

Sale Details

Date Sold: September 15, 2021

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

Est. 18% decrease in value since last sale

Current estimated payment $2,531 / mo

About This Home

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.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Sep 17, 2021
Sold by
Bought by
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
$352,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$77,845
Avg. Annual Appreciation
-4.01%
Original Mortgage
$524,250
Interest Rate
0.0309%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2021
Closed on
Sep 15, 2021
Sold by
Bought by
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
0.0309%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2014
Sold by
Bought by

Purchase Details

Closed on
Feb 7, 2008
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$699,000 Castle Title
$430,500 Castle Title Llc
$160,000 Definitive Title Llc
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $524,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2021 09/15/21 Sold $430,500 +115.3% $227 / Sq Ft View Prior Sale
06/22/2021 06/22/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $200,000 -- $105 / Sq Ft

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,321 $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

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