Seller's Agent in 2020
Melvin Knight
Coldwell Banker (NRT-Southeast-MidAtlantic)
(410) 903-7800
2 in this area
31 Total Sales
649 Washington Blvd Baltimore, MD 21230
Ridgely's Delight NeighborhoodEstimated Value: $464,350 - $534,000
Studio
4
Baths
3,954
Sq Ft
$126/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Wood Flooring
- No HOA
- Transitional Architecture
- Main Floor Bedroom
- 3-minute walk to Melvin Street Tot Lot
About This Home
As of February 2020Back on the market and reduced below appraisal for quick sale.. Unique property in the prime location of Hist. Dist. About 3,000 sq ft., 4.5 baths Completely gutted and restored within 12 years as 2 spacious apartments with a possible home office. This is one of the larger homes in the community. The apartments rent for $3625 per month. It's a great rental property with good numbers. It has a cap rate of about 8%. It's Perfect for live in part, rent part or Air B&B. The first floor is a large two bedroom with one and a half baths. Could also be perfect situation for a home office. It has a lovely back yard with a pergola. The kitchen and baths are nice quality. The second and third floor is a huge three bedroom apartment with three full ceramic baths. There is a balcony off the living room overlooking the garden. There are two separate electrical meters and 2 high efficiency gas furnaces. The property is almost lead free with high quality windows and materials. Yet, it has original charm and character, about 3 blocks from Univ of MD dntn. Easy commutes at nearby Camden Station to DC, BWI etc. Walk to the stadiums, Inner Harbor and so much more - So convenient. This is a great buy
Last Agent to Sell the Property
(410) 903-7800 mknight@cbmove.com Coldwell Banker Realty License #66974 Listed on: 06/28/2018
Last Buyer's Agent
(410) 903-7800 mknight@cbmove.com Coldwell Banker Realty License #66974 Listed on: 06/28/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,080
Year Built
- Built in 1841 | Remodeled in 2008
Lot Details
- Historic Home
- Ground Rent of $45 per year
- Property is in very good condition
Parking
- On-Street Parking
Home Design
- Transitional Architecture
- Brick Exterior Construction
Interior Spaces
- Main Floor Bedroom
- Open Floorplan
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Connecting Stairway
Outdoor Features
- Balcony
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
- Natural Gas Water Heater
- Municipal Trash
Listing and Financial Details
- The owner pays for electricity, gas, heat, management, sewer, real estate taxes, water
- Tax Lot 044
- Assessor Parcel Number 0322050854 044
Community Details
Overview
- No Home Owners Association
- 2 Units
- 4-Story Building
- Ridgely's Delight Subdivision
Building Details
- 1 Vacant Unit
- Income includes apartment rentals
- Insurance Expense $1,500
- Maintenance Expense $1,200
- Other Expense $4,200
- Gross Income $43,500
- Net Operating Income $30,406
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2018
Closed on
Feb 12, 2020
Sold by
Lorenz Valerie L
Bought by
Taggart Peter S and Taggart Haley S
Seller's Agent
Melvin Knight
Coldwell Banker Realty
Buyer's Agent
Melvin Knight
Coldwell Banker Realty
List Price
$379,900
Sold Price
$380,000
Premium/Discount to List
$100
0.03%
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
$119,175
Avg. Annual Appreciation
4.71%
Original Mortgage
$323,000
Outstanding Balance
$285,994
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$213,181
Purchase Details
Closed on
Jan 19, 2007
Sold by
Leopar Same
Bought by
Lorenz Valerie C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 10, 2006
Sold by
Simons Tirina N
Bought by
Leopar Same
Purchase Details
Closed on
Apr 8, 2004
Sold by
Simons Isaiah
Bought by
Simons Tirina N
Purchase Details
Closed on
Jun 22, 2001
Sold by
Dibattista Liliana
Bought by
Simons Isaiah
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 |
|---|---|---|---|
| Taggart Peter S | $380,000 | Title Resources Guaranty Co | |
| Lorenz Valerie C | $320,000 | -- | |
| Leopar Same | $267,750 | -- | |
| Simons Tirina N | $100,000 | -- | |
| Simons Isaiah | $105,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Taggart Peter S | $323,000 | |
| Previous Owner | Lorenz Valerie C | $256,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/12/2020 02/12/20 | Sold | $380,000 | 0.0% | $96 / Sq Ft |
| 12/06/2019 12/06/19 | Pending | -- | -- | -- |
| 08/25/2019 08/25/19 | Price Changed | $379,900 | 0.0% | $96 / Sq Ft |
| 08/25/2019 08/25/19 | For Sale | $379,900 | 0.0% | $96 / Sq Ft |
| 08/22/2019 08/22/19 | Off Market | $380,000 | -- | -- |
| 04/29/2019 04/29/19 | For Sale | $399,900 | 0.0% | $101 / Sq Ft |
| 04/01/2019 04/01/19 | Pending | -- | -- | -- |
| 02/28/2019 02/28/19 | For Sale | $399,900 | 0.0% | $101 / Sq Ft |
| 12/28/2018 12/28/18 | Pending | -- | -- | -- |
| 08/17/2018 08/17/18 | Price Changed | $399,900 | -5.9% | $101 / Sq Ft |
| 06/28/2018 06/28/18 | For Sale | $425,000 | -- | $107 / 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 | $7,621 | $344,833 | -- | -- |
| 2024 | $7,621 | $324,467 | -- | -- |
| 2023 | $7,143 | $304,100 | $65,000 | $239,100 |
| 2022 | $6,834 | $289,567 | $0 | $0 |
| 2021 | $6,491 | $275,033 | $0 | $0 |
| 2020 | $6,148 | $260,500 | $65,000 | $195,500 |
| 2019 | $6,052 | $257,667 | $0 | $0 |
| 2018 | $6,014 | $254,833 | $0 | $0 |
| 2017 | $5,947 | $252,000 | $0 | $0 |
| 2016 | $7,278 | $252,000 | $0 | $0 |
| 2015 | $7,278 | $252,000 | $0 | $0 |
| 2014 | $7,278 | $253,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Melvin Knight
Map
Source: Bright MLS
MLS Number: 1001893592
APN: 0854-044
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