NOT LISTED FOR SALE

6603 Bushey St Baltimore, MD 21224

Graceland Park Neighborhood

Estimated Value: $342,749 - $471,000

Studio
5 Baths
2,854 Sq Ft
$143/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $315,000 $110 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,734/month

36 Days on Market

Highlights

  • No HOA
  • Ceiling Fan
  • Radiator
  • Central Air

About This Home

As of August 2018

INCREDIBLE MULTI FAMILY INVESTMENT PROPERTY GENERATING NEARLY $5000/MONTH - this 6 unit apartment building with recently added parking lot features many improvements including new roof, siding, updated common spaces, new boiler and updated plumbing. Lead certifications, financials and leases available upon request - fully leased!

Last Agent to Sell the Property

Andrew Lehr

(410) 220-4648 davids@justvybe.com VYBE Realty License #627322 Listed on: 05/24/2018

VYBE Realty

Last Buyer's Agent

Andrew Lehr

(410) 220-4648 davids@justvybe.com VYBE Realty License #627322 Listed on: 05/24/2018

VYBE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,253

Year Built

  • Built in 1927 | Remodeled in 2018

Lot Details

  • 0.29

Parking

  • 6 Assigned Parking Spaces

Home Design

  • Vinyl Siding

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Ceiling Fan
  • 0.29 Acre Lot

Listing and Financial Details

  • The owner pays for all utilities, real estate taxes
  • Tax Lot 038
  • Assessor Parcel Number 0326016727 038

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Graceland Park Subdivision

Building Details

  • Operating Expense $19,501

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,253

Year Built

Built in 1927 | Remodeled in 2018

Lot Details

0.29 Acres

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1927
  • Year Renovated: 2018
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Partial, Unfinished
  • Price Per Sq Ft: 126.10

Exterior Features

  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 6
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 115500.00
  • Land Assessed Value: 64700.00
  • Lot Size Acres: 0.29
  • Lot Size Area: 12500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12500.00
  • Zoning: 3
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: All Utilities, Taxes - Real Estate
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13050008
  • Tax Annual Amount: 4252.72
  • Assessor Parcel Number: 0326016727 038
  • Tax Lot: 038
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Gross Income: 58800.00
  • Operating Expense: 19501.00

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2018
Closed on
Aug 29, 2018
Sold by
Tjm Investments Llc
Bought by
6603 Bushey Street Llc
Seller's Agent
Andrew Lehr
VYBE Realty
Buyer's Agent
Andrew Lehr
VYBE Realty
List Price
$359,900
Sold Price
$315,000
Premium/Discount to List
-$44,900
-12.48%
Current Estimated Value
$406,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,875
Avg. Annual Appreciation
3.49%
Original Mortgage
$236,250
Outstanding Balance
$206,043
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
$200,832

Purchase Details

Listed on
Feb 3, 2015
Closed on
Sep 1, 2015
Sold by
Zelaya Carlos Mauricio and Zelaya Sinia Berali
Bought by
Tjm Investments Llc
Seller's Agent
Jose Rivas
Keller Williams Gateway LLC
Buyer's Agent
Andrew Lehr
VYBE Realty
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.48%

Purchase Details

Closed on
Jul 25, 2006
Sold by
3140 Ravenwood Llc
Bought by
Zelaya Carlos Mauricio and Zelaya Sinia Berali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2005
Sold by
Grauel Richard
Bought by
3140 Ravenwood Llc

Purchase Details

Closed on
Aug 7, 2003
Sold by
Stoecker Mark W
Bought by
Grauel Richard and Grauel Judith Ann
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
6603 Bushey Street Llc $315,000 Defivitive Title Llc
Tjm Investments Llc $185,000 Endeavor Title Llc
Zelaya Carlos Mauricio $275,000 --
3140 Ravenwood Llc $195,000 --
Grauel Richard $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 6603 Bushey Street Llc $236,250
Closed 6603 Bushey Street Llc $236,250
Previous Owner Zelaya Carlos Mauricio $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2018 08/29/18 Sold $315,000 -12.5% $110 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $359,900 +94.5% $126 / Sq Ft
09/01/2015 09/01/15 Sold $185,000 -2.6% $65 / Sq Ft View Prior Sale
08/03/2015 08/03/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $189,900 -- $67 / 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 $7,657 $345,400 $64,700 $280,700
2024 $7,657 $326,000 -- --
2023 $7,201 $306,600 $0 $0
2022 $6,778 $287,200 $64,700 $222,500
2021 $5,936 $251,533 $0 $0
2020 $5,094 $215,867 $0 $0
2019 $4,232 $180,200 $64,700 $115,500
2018 $4,253 $180,200 $64,700 $115,500
2017 $4,253 $180,200 $0 $0
2016 $4,780 $200,600 $0 $0
2015 $4,780 $200,600 $0 $0
2014 $4,780 $200,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Lehr

    Seller's Agent in 2018

    Andrew Lehr

    VYBE Realty

    (443) 602-4766

    109 Total Sales

    Andrew Lehr
    Section Image
  • Jose Rivas

    Seller's Agent in 2015

    Jose Rivas

    Keller Williams Gateway LLC

    (410) 220-0345

    1 in this area

    134 Total Sales

    Jose Rivas
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001578116

Bright MLS

APN: 6727-038

Maryland Baltimore City County Baltimore 21224 Graceland Park

6603 Bushey St, Baltimore, MD

Not Listed for Sale

MultiFamily

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