702 Homestead St Baltimore, MD 21218
Better Waverly NeighborhoodEstimated payment $2,582/month
About This Home
With the latest price improvement, FHA buyers can live on-site and earn $52/month—your rental income covers your mortgage and then some. Prefer conventional financing? With 20% down, your out-of-pocket is just $705/month, less than a 2-bedroom rental nearby. Each 2BR apartment features central air, in-unit laundry hookups, and separate gas and electric meters. Building systems include a 2020 roof, updated plumbing, and replacement wood windows. Fully lead-certified and licensed for 4 dwelling units. Located just a 4-minute walk to Giant, Ace Hardware, the YMCA, and the year-round Waverly Farmers Market, and less than a mile from Johns Hopkins University. With two units vacant, you can choose which one to live in and rent the other after settlement!
Listing Agent
(410) 916-3331 wcannon3@gmail.com Ben Frederick Realty, Inc. Listed on: 09/25/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,191
Year Built
- Built in 1920
Lot Details
- 4,000 Sq Ft Lot
- Lot Dimensions are 40' x 100'
- Ground Rent of $90 expires in 99 years
Home Design
- Quadruplex
- Converted Dwelling
- Stone Foundation
- Frame Construction
Parking
- 1 Parking Space
- 1 Driveway Space
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Municipal Trash
Community Details
- 4 Units
Listing and Financial Details
- Tax Lot 002
- Assessor Parcel Number 0309034079 002
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,162 | $282,300 | $40,000 | $242,300 |
| 2024 | $6,162 | $262,333 | -- | -- |
| 2023 | $5,693 | $242,367 | $0 | $0 |
| 2022 | $5,249 | $222,400 | $40,000 | $182,400 |
| 2021 | $5,249 | $222,400 | $40,000 | $182,400 |
| 2020 | $5,249 | $222,400 | $40,000 | $182,400 |
| 2019 | $5,386 | $229,300 | $40,000 | $189,300 |
| 2018 | $5,411 | $229,300 | $40,000 | $189,300 |
| 2017 | $766 | $229,300 | $0 | $0 |
| 2016 | $974 | $233,200 | $0 | $0 |
| 2015 | $974 | $232,300 | $0 | $0 |
| 2014 | $974 | $231,400 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/11/2025 12/11/25 | Price Changed | $399,000 | -2.7% | $208 / Sq Ft | |
| 11/12/2025 11/12/25 | Price Changed | $410,000 | -5.7% | $214 / Sq Ft | |
| 09/25/2025 09/25/25 | For Sale | $435,000 | +46.0% | $227 / Sq Ft | |
| 01/17/2020 01/17/20 | Sold | $298,000 | -0.5% | $155 / Sq Ft | View Prior Sale |
| 01/06/2020 01/06/20 | For Sale | $299,480 | 0.0% | $156 / Sq Ft | |
| 12/11/2019 12/11/19 | Pending | -- | -- | -- | |
| 12/11/2019 12/11/19 | Price Changed | $299,480 | 0.0% | $156 / Sq Ft | |
| 12/08/2019 12/08/19 | Price Changed | $299,485 | 0.0% | $156 / Sq Ft | |
| 12/05/2019 12/05/19 | Price Changed | $299,490 | 0.0% | $156 / Sq Ft | |
| 12/02/2019 12/02/19 | Price Changed | $299,494 | 0.0% | $156 / Sq Ft | |
| 11/29/2019 11/29/19 | Price Changed | $299,500 | -6.4% | $156 / Sq Ft | |
| 10/30/2019 10/30/19 | For Sale | $320,000 | 0.0% | $167 / Sq Ft | |
| 04/23/2018 04/23/18 | Rented | $760 | 0.0% | -- | |
| 04/17/2018 04/17/18 | Under Contract | -- | -- | -- | |
| 03/08/2018 03/08/18 | For Rent | $760 | -15.6% | -- | |
| 02/08/2018 02/08/18 | Rented | $900 | +18.4% | -- | |
| 02/07/2018 02/07/18 | Rented | $760 | -15.6% | -- | |
| 02/07/2018 02/07/18 | Under Contract | -- | -- | -- | |
| 01/10/2018 01/10/18 | Off Market | $900 | -- | -- | |
| 12/19/2017 12/19/17 | Price Changed | $900 | -6.3% | $0 / Sq Ft | |
| 12/14/2017 12/14/17 | Price Changed | $960 | -4.0% | $1 / Sq Ft | |
| 12/12/2017 12/12/17 | For Rent | $1,000 | +25.0% | -- | |
| 11/09/2017 11/09/17 | For Rent | $800 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $272,000 | -- | |
| Deed | $36,300 | -- | |
| Deed | $2,000 | -- | |
| Deed | $10,750 | -- | |
| Deed | $50,000 | -- | |
| Deed | $60,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $268,355 | FHA | |
| Previous Owner | $40,000 | No Value Available | |
| Closed | $5,000 | No Value Available |
Source: Bright MLS
MLS Number: MDBA2185190
APN: 4079-002
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