NOT LISTED FOR SALE

Estimated Value: $379,797 - $398,000

Studio
3 Baths
2,235 Sq Ft
$174/Sq Ft Est. Value

Sale Details

Date Sold: March 22, 2024

Last sale price $375,000 $168 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,636 / mo

22 Days on Market

Highlights

  • Central Air
  • Heat Pump System
  • 1-minute walk to Melvin Street Tot Lot

About This Home

As of March 2024

In less than five minutes, tenants can walk to a baseball game at Oriole Park at Camden Yards or enjoy a refreshing beer at Pickle’s Pub, the renowned spot for game-day excitement. The University of Maryland Baltimore is also conveniently within walking distance, housing six distinct graduate schools, none of which provide on-campus housing. This all-electric building is fully occupied and easy to manage, thanks to its separate utility systems. This Ridgeley’s Delight apartment building has been updated with modern finishes. Kitchens feature durable laminate counters and wood cabinets, along with 30? electric ranges and over-the-range microwaves. Tenants will appreciate the convenience of dishwashers and garbage disposals for easy clean-up. Apartment A includes a half-bath on the main floor with a modern vanity and wall-mounted sink. Full bathrooms in both apartments feature a modern vanity and a fiberglass tub with a ceramic tile tub surround. Both apartments come with in-unit, stacked washers and dryers for added convenience. Apartment A boasts pressed tin ceilings in good condition. Walls are a mix of plaster and drywall. Flooring varies throughout, with rooms featuring LVT, carpet, ceramic tile and laminate. Apartment A is rented by the room; Apartment B is on a standard yearly lease agreement. This property features separate electric meters for each unit, allowing residents to manage their own utilities. Each unit is equipped with its own HVAC system and water heater for individual comfort. The building is all-electric, using individually controlled heat pumps and central air conditioning so tenants maintain a comfortable living environment year-round. The interior water supply and drain lines have been updated as needed, with a mix of steel and/or PVC/CPVC. As Apartment A is three stories, there is a steel fire escape in the rear of the building. LiveBaltimore states that 65% of residents in Ridgely’s Delight rent, keeping the demand for quality rental housing strong. With easy access to I-95, as well as the Light Rail station being two blocks away, residents who don’t work in the immediate area enjoy easy commutes. The Inner Harbor is walkable and hosts festivals year-round. University of Maryland Baltimore boasts that it offers 97 doctoral, master’s, baccalaureate, and certificate programs and confers most of the professional practice doctoral degrees awarded in Maryland. With over 6,500 students, rental housing in the immediate area is absolutely necessary, as no on-campus housing is offered. This apartment building is a sound investment to add to or start your investment property portfolio.

Last Agent to Sell the Property

Will Cannon

(410) 235-9500 info@benfrederick.com Ben Frederick Realty, Inc. Listed on: 02/03/2024

Last Buyer's Agent

Isaiah Hazward

(410) 721-0103 khylah.settle@cbmove.com Coldwell Banker Realty License #SP200200750

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,207

Year Built

  • Built in 1900

Lot Details

  • 1,050 Sq Ft Lot
  • Ground Rent of $120 per year

Home Design

  • Duplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Block Foundation

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • 2 Units
  • Ridgely's Delight Subdivision

Listing and Financial Details

  • Tax Lot 019
  • Assessor Parcel Number 0322040675 019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,207

Year Built

Built in 1900

Lot Details

1,050 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Converted Dwelling
  • Ownership: Ground Rent
  • Inclusions: 2 gas ranges, 2 refrigerators, 2 dishwashers, 2 microwaves, 2 stacked washers and dryers.
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Total Sq Ft: 3120
  • Living Area Sq Ft: 2235
  • Price Per Sq Ft: 167.79
  • Above Grade Finished Sq Ft: 2235
  • Below Grade Sq Ft: 885
  • Total Below Grade Sq Ft: 885
  • 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1050.00
  • Zoning: R-8
  • Zoning Description: Licensed for 2 Dwelling Units.
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 120.00
  • Ground Rent Pymnt Freq: Annually
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6207.00
  • Assessor Parcel Number: 0322040675 019
  • Tax Lot: 019
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

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
Feb 3, 2024
Closed on
Mar 22, 2024
Sold by
Bought by
Seller's Agent
Will Cannon
Ben Frederick Realty, Inc.
Buyer's Agent
Isaiah Hazward
Coldwell Banker Realty
List Price
$355,000
Sold Price
$375,000
Premium/Discount to List
$20,000
5.63%
Views
47
Current Estimated Value
$381,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,567
Avg. Annual Appreciation
1.59%
Original Mortgage
$368,207
Interest Rate
0.0725%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 2021
Sold by
Bought by

Purchase Details

Listed on
Mar 16, 2020
Closed on
Jun 8, 2020
Sold by
Bought by
Seller's Agent
Marc Terry
Cummings & Co. Realtors
Buyer's Agent
Ashton Drummond
Cummings & Co. Realtors
List Price
$324,999
Sold Price
$310,000
Premium/Discount to List
-$14,999
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.79%
Original Mortgage
$263,500
Interest Rate
0.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2009
Sold by
Bought by

Purchase Details

Closed on
Feb 14, 2005
Sold by

Purchase Details

Closed on
Jun 28, 2000
Sold by
Bought by
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

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
$375,000 Fidelity National Title
-- Kahalas Jason I
$310,000 Endeavor Title Llc
$187,500 --
$225,500 --
$251,500 --
$130,000 --
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
Closed $368,207
Closed $263,500
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
03/22/2024 03/22/24 Sold $375,000 0.0% $168 / Sq Ft
02/25/2024 02/25/24 Pending -- -- --
02/06/2024 02/06/24 Price Changed $375,000 +5.6% $168 / Sq Ft
02/03/2024 02/03/24 For Sale $355,000 +14.5% $159 / Sq Ft
06/12/2020 06/12/20 Sold $310,000 -4.6% $139 / Sq Ft View Prior Sale
05/07/2020 05/07/20 Pending -- -- --
03/16/2020 03/16/20 For Sale $324,999 -- $145 / Sq Ft
Source: Bright MLS

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 $6,898 $324,400 -- --
2024 $6,898 $293,700 -- --
2023 $5,636 $263,000 $60,000 $203,000
2022 $5,558 $259,333 $0 $0
2021 $6,034 $255,667 $0 $0
2020 $5,947 $252,000 $60,000 $192,000
2019 $5,919 $252,000 $60,000 $192,000
2018 $5,947 $252,000 $60,000 $192,000
2017 $6,511 $275,900 $0 $0
2016 $6,928 $270,767 $0 $0
2015 $6,928 $265,633 $0 $0
2014 $6,928 $260,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2113062

Bright MLS

APN: 0675-019

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