NOT LISTED FOR SALE

Estimated Value: $276,430 - $280,000

-- Bed
3 Baths
2,588 Sq Ft
$108/Sq Ft Est. Value

Last Sold June 24, 2020

Last sale price $165,000 $64 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,841/month

152 Days on Market

Highlights

  • 0.22 Acre Lot
  • No HOA
  • Oversized Parking
  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Walk-Up Access

About This Home

As of June 2020

Great Opportunity For Cash Flowing Property! City Registration For 3 Dwelling Units Plus A Detached Garage, All Metered Separately. One Unit & Garage Occupied By Long Term Tenants Who Would Like To Stay. Main Level Unit Is Ready To Lease. Bring Your Imagination To Renovate Basement Unit & Increase Revenues. Main Building Roof & Garage Roof New in 2017. Recently Passed City Rental Inspection.

Last Agent to Sell the Property

Michael Hofstetter

(410) 925-6395 offers@hofstettergroup.com Cummings & Co. Realtors License #RS-0036939 Listed on: 12/09/2019

Cummings & Co. Realtors

Last Buyer's Agent

Suzie Coronel

(410) 336-2569 suzie@crabbyhomes.com Cummings & Co. Realtors License #602094

Cummings & Co. Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 9,375 Sq Ft Lot
  • Lot Dimensions are 125x75

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • Oversized Parking
  • Driveway
  • Off-Street Parking

Home Design

  • Triplex
  • Cape Cod Architecture
  • Shingle Roof
  • Stucco

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry
  • Sump Pump
  • Rough-In Basement Bathroom

Utilities

  • Radiator
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for heat, water, real estate taxes, lawn/shrub care
  • Tax Lot 031
  • Assessor Parcel Number 0326016749 031

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 3-Story Building

Building Details

  • 2 Vacant Units
  • Income includes apartment rentals
  • Other Expense $1,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 1600.00
  • Expected On Market: 2019-12-17
  • Year Built: 1940
  • Remarks Public: Great Opportunity For Cash Flowing Property! City Registration For 3 Dwelling Units Plus A Detached Garage, All Metered Separately. One Unit & Garage Occupied By Long Term Tenants Who Would Like To Stay. Main Level Unit Is Ready To Lease. Bring Your Imagination To Renovate Basement Unit & Increase Revenues. Main Building Roof & Garage Roof New in 2017. Recently Passed City Rental Inspection.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Rough Bath Plumb, Outside Entrance, Sump Pump, Walkout Stairs
  • Total Sq Ft: 2588
  • Living Area Sq Ft: 2588
  • Price Per Sq Ft: 112.85
  • Above Grade Finished Sq Ft: 1728
  • Below Grade Finished Sq Ft: 860
  • Total Below Grade Sq Ft: 860
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6713

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Oil Avg Month: 200.00
  • Heating Oil Prev12 Months: 2400.00
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 003
  • Lot Size Acres: 0.22
  • Lot Dimensions: 125x75
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9375.00
  • Year Assessed: 2019
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month, Long Term
  • Number Of Units Month To Month: 1
  • Owner Pays: Heat, Water, Taxes - Real Estate, Lawn/Shrub Care
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4443.00
  • Assessor Parcel Number: 0326016749 031
  • Tax Lot: 031
  • Tax Total Finished Sq Ft: 2588
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/24/2020

Multi Family

  • Number Of Units Vacant: 2
  • Gross Income: 23100.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Single Room Units Count: 1

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2019
Closed on
Jun 22, 2020
Sold by
Parks Rory B and Parks Deborah A
Bought by
Coronel Susan
Seller's Agent
Michael Hofstetter
Cummings & Co. Realtors
Buyer's Agent
Suzie Coronel
Cummings & Co. Realtors
List Price
$205,000
Sold Price
$165,000
Premium/Discount to List
-$40,000
-19.51%
Current Estimated Value
$278,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,215
Avg. Annual Appreciation
10.40%
Original Mortgage
$123,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2001
Sold by
Braun Robert L
Bought by
Parks Rory B and Parks Deborah A
Source: Public Records

Range of Values:

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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
Coronel Susan $165,000 Endeavor Title Llc
Parks Rory B $106,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coronel Susan $123,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2020 06/24/20 Sold $165,000 0.0% $64 / Sq Ft
05/09/2020 05/09/20 Pending -- -- --
04/03/2020 04/03/20 Off Market $165,000 -- --
03/03/2020 03/03/20 Price Changed $195,000 -4.9% $75 / Sq Ft
12/09/2019 12/09/19 For Sale $205,000 -- $79 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $4,397 $228,900 $63,100 $165,800
2024 $4,397 $215,767 $0 $0
2023 $4,193 $202,633 $0 $0
2022 $4,122 $189,500 $63,100 $126,400
2021 $4,463 $189,100 $0 $0
2020 $4,453 $188,700 $0 $0
2019 $4,423 $188,300 $63,100 $125,200
2018 $4,275 $181,133 $0 $0
2017 $4,106 $173,967 $0 $0
2016 $4,036 $166,800 $0 $0
2015 $4,036 $166,800 $0 $0
2014 $4,036 $166,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA493666

Bright MLS

APN: 6749-031