NOT LISTED FOR SALE

Estimated Value: $233,000 - $283,000

-- Bed
-- Bath
-- Sq Ft
25 Acres

Last Sold June 16, 2022

Last sale price $237,750

Est. 9% increase in value since last sale

Current estimated payment $1,599/month

11 Days on Market

Highlights

  • 25 Acre Lot
  • Property is in very good condition
  • 3-minute walk to Harlem Square Park
  • Central Heating and Cooling System

About This Home

As of June 2022

Fully occupied and income producing triplex. Walk right into cash flow with this building featuring 2 bedroom 1 bathroom first floor unit at $950, 2 bedroom 1 bath and a den second floor unit at $999 and 3 bedroom 1 bathroom 3rd floor unit at $999. All units recently updated for the current tenants move in.

Last Agent to Sell the Property

Tiana Johnson

Keller Williams Preferred Properties License #0225256792 Listed on: 05/13/2022

Keller Williams Preferred Properties

Last Buyer's Agent

Yony Kifle

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $865

Year Built

  • Built in 1920

Lot Details

  • 25 Acre Lot
  • Ground Rent of $90 per year
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 002
  • Assessor Parcel Number 0316130101 002

Community Details

Overview

  • 3 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$865

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Ground Rent
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Fully occupied and income producing triplex. Walk right into cash flow with this building featuring 2 bedroom 1 bathroom first floor unit at $950, 2 bedroom 1 bath and a den second floor unit at $999 and 3 bedroom 1 bathroom 3rd floor unit at $999. All units recently updated for the current tenants move in.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 702

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Rubber
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 31000.00
  • Land Assessed Value: 7000.00
  • Land Use Code: R
  • Lot Size Acres: 25.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1089000.00
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Amt: 90.00
  • Ground Rent Exists: Yes
  • Ground Rent Pymnt Freq: Annually
  • Number Of Units Month To Month: 3
  • Owner Pays: None
  • Rent Control: No
  • Total Actual Rent: 35376.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12993440
  • Tax Annual Amount: 865.00
  • Assessor Parcel Number: 0316130101 002
  • Tax Lot: 002
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/16/2022

Multi Family

  • Income Expense List: Annual Ground Rent
  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Jun 16, 2022
Sold by
Johnson Corey
Bought by
Waka Liku Alazar
Seller's Agent
Tiana Johnson
Keller Williams Preferred Properties
Buyer's Agent
Yony Kifle
EXP Realty, LLC
List Price
$225,000
Sold Price
$237,750
Premium/Discount to List
$12,750
5.67%
Current Estimated Value
$260,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,286
Avg. Annual Appreciation
-1.33%
Original Mortgage
$223,870
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2010
Sold by
Viaud Alain
Bought by
Presidential Bank Fsb

Purchase Details

Closed on
Jul 5, 2007
Sold by
Williams Lyndon
Bought by
Viaud Alain

Purchase Details

Closed on
Feb 5, 2003
Sold by
Ellsworth Development
Bought by
Williams Lyndon

Purchase Details

Closed on
Jan 16, 1996
Sold by
B J & J Inc
Bought by
Ellsworth Development and Corporation
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
Waka Liku Alazar $237,750 --
Presidential Bank Fsb $100,000 --
Viaud Alain $45,000 --
Williams Lyndon $500 --
Ellsworth Development $51,717 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Waka Liku Alazar $223,870
Previous Owner Johnson Corey $126,600
Previous Owner Johnson Corey $112,000
Previous Owner Cetiner Alt B $87,852
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $237,750 +5.7% --
05/24/2022 05/24/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $225,000 -- --
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 $2,317 $159,333 -- --
2024 $2,317 $98,667 $0 $0
2023 $897 $38,000 $7,000 $31,000
2022 $881 $37,333 $0 $0
2021 $865 $36,667 $0 $0
2020 $850 $36,000 $7,000 $29,000
2019 $674 $28,700 $0 $0
2018 $505 $21,400 $0 $0
2017 $333 $14,100 $0 $0
2016 $71 $14,100 $0 $0
2015 $71 $14,100 $0 $0
2014 $71 $3,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2044260

Bright MLS

APN: 0101-002