NOT LISTED FOR SALE

7 S Broadway Baltimore, MD 21231

Washington Hill Neighborhood

Estimated Value: $621,571

-- Bed
5 Baths
4,110 Sq Ft
$151/Sq Ft Est. Value

Last Sold July 05, 2018

Last sale price $490,000 $119 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,342/month

58 Days on Market

Highlights

  • No HOA
  • Central Air
  • 2-minute walk to Betty Hyatt Community Park
  • 2 Car Attached Garage
  • Heat Pump System

About This Home

As of July 2018

Totally rehabbed in 2014! 100% leased 5-unit just 1 block south of World-Renowned Johns Hopkins Hospital Campus. Huge 4,400 sq.ft. bldg. features all separate utilities. Everything inside is new, permitted, and up-to-code. Fully sprinklered, Coin laundry in bsmt. Rents: 1F Studio=$695, 1R 1BR=$968, 3BR/2BA=$1,416, 3F 1BR=$948, 3R 1BR=$893.

Last Agent to Sell the Property

Ben Frederick

Live BFR, LLC License #1566 Listed on: 03/21/2018

Last Buyer's Agent

Kian Veissy

RE/MAX Gateway, LLC

RE/MAX Gateway, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,042

Year Built

  • Built in 1900 | Remodeled in 2014

Lot Details

  • 2,222

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Stone Siding

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 010
  • Assessor Parcel Number 0302031734 010

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Upper Fells Point Subdivision

Building Details

  • Operating Expense $23,977

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,042

Year Built

Built in 1900 | Remodeled in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Year Renovated: 2014
  • Remarks Public: Totally rehabbed in 2014! 100% leased 5-unit just 1 block south of World-Renowned Johns Hopkins Hospital Campus. Huge 4,400 sq.ft. bldg. features all separate utilities. Everything inside is new, permitted, and up-to-code. Fully sprinklered, Coin laundry in bsmt. Rents: 1F Studio=$695, 1R 1BR=$968, 3BR/2BA=$1,416, 3F 1BR=$948, 3R 1BR=$893.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Price Per Sq Ft: 112.02
  • Street Number Modifier: 7

Exterior Features

  • Construction Materials: Brick, Stone
  • Roof: Asphalt
  • 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
  • Parking Features: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

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

Condo/Co-op/Association

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

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454

Lot Info

  • Improvement Assessed Value: 358700.00
  • Land Assessed Value: 60000.00
  • Year Assessed: 2018
  • Zoning: OR-1 5DU
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12906839
  • Tax Annual Amount: 10041.80
  • Assessor Parcel Number: 0302031734 010
  • Tax Lot: 010
  • Tax Total Finished Sq Ft: 4419
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 07/05/2018

Multi Family

  • Gross Income: 59040.00
  • Metering: Electric Separate
  • Operating Expense: 23977.00

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2019
Sold by
Sovereign Properties Llc
Bought by
Powell Recovery Center Inc
Total Days on Market
58
Current Estimated Value
$621,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Outstanding Balance
$362,791
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$258,780

Purchase Details

Listed on
Mar 21, 2018
Closed on
Jul 31, 2018
Sold by
7 S Broadway Llc
Bought by
Sovereign Properties Llc
Seller's Agent
Ben Frederick
Live BFR, LLC
Buyer's Agent
Kian Veissy
RE/MAX Gateway, LLC
List Price
$495,000
Sold Price
$490,000
Premium/Discount to List
-$5,000
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.49%
Original Mortgage
$300,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2013
Sold by
Poverni Ventures Llc
Bought by
7 S Broadway Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
3.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Dec 28, 2011
Closed on
Jan 15, 2013
Sold by
Vidanes Socorro T and Doverte Edwin A
Bought by
Poverni Ventures Llc and 7 S Broadway Llc
Seller's Agent
Anita Caranto
Weichert, REALTORS
Buyer's Agent
Dmitry Fayer
Fathom Realty MD, LLC
List Price
$125,000
Sold Price
$118,000
Premium/Discount to List
-$7,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.34%

Purchase Details

Closed on
Feb 9, 2001
Sold by
Vidanes Socorro T
Bought by
Vidanes Socorro T and Doverte Edwin A

Purchase Details

Closed on
Oct 13, 1998
Sold by
Sestero Robert T
Bought by
Vidanes Socorro T
Source: Public Records

Range of Values:

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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
Powell Recovery Center Inc $510,000 Lakeside Title Company
Sovereign Properties Llc $490,000 Universal Title
7 S Broadway Llc $118,000 Supreme Title Company
Poverni Ventures Llc $118,000 Supreme Title Company
Vidanes Socorro T -- --
Vidanes Socorro T $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Recovery Center Inc $408,000
Previous Owner Sovereign Properties Llc $300,000
Previous Owner 7 S Broadway Llc $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2018 07/05/18 Sold $490,000 -1.0% $119 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $495,000 +319.5% $120 / Sq Ft
01/15/2013 01/15/13 Sold $118,000 -5.6% $29 / Sq Ft
08/06/2012 08/06/12 Pending -- -- --
07/29/2012 07/29/12 For Sale $125,000 +5.9% $30 / Sq Ft
04/04/2012 04/04/12 Pending -- -- --
04/02/2012 04/02/12 Off Market $118,000 -- --
03/25/2012 03/25/12 Price Changed $125,000 -28.6% $30 / Sq Ft
01/13/2012 01/13/12 Price Changed $175,000 -14.6% $43 / Sq Ft
12/28/2011 12/28/11 For Sale $205,000 -- $50 / 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
2024 $10,227 $482,200 $0 $0
2023 $0 $440,700 $60,000 $380,700
2022 $10,227 $433,367 $0 $0
2021 $10,054 $426,033 $0 $0
2020 $9,881 $418,700 $60,000 $358,700
2019 $9,834 $418,700 $60,000 $358,700
2018 $9,881 $418,700 $60,000 $358,700
2017 $10,042 $425,500 $0 $0
2016 $4,826 $407,400 $0 $0
2015 $4,826 $160,233 $0 $0
2014 $4,826 $119,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ben Frederick

    Seller's Agent in 2018

    Ben Frederick

    Live BFR, LLC

    (410) 752-6400

    27 Total Sales

    Ben Frederick
    Section Image
  • Kian Veissy

    Buyer's Agent in 2018

    Kian Veissy

    RE/MAX Gateway, LLC

    (301) 956-6004

    26 Total Sales

    Kian Veissy
    Section Image
  • Anita Caranto

    Seller's Agent in 2013

    Anita Caranto

    Weichert Corporate

    (301) 641-0909

    103 Total Sales

    Anita Caranto
    Section Image

  • D

    Buyer's Agent in 2013

    Dmitry Fayer

    Fathom Realty

    (410) 236-1901

    75 Total Sales

    Dmitry Fayer
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000291898

Bright MLS

APN: 1734-010

Maryland Baltimore City County Baltimore 21231 Washington Hill

7 S Broadway, Baltimore, MD

This home is located at 7 S Broadway, Baltimore, MD 21231 since 21 March 2018 and is currently estimated at $621,571, approximately $151 per square foot. This property was built in 1900. 7 S Broadway is a home located in Baltimore City with nearby schools including Commodore John Rogers Elementary School, Booker T. Washington Middle School, and Paul Laurence Dunbar Community High School.

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