NOT LISTED FOR SALE

708 S Broadway Baltimore, MD 21231

Fells Point Neighborhood

Estimated Value: $376,584

Studio
1 Bath
2,244 Sq Ft
$168/Sq Ft Est. Value

Sale Details

Date Sold: November 1, 2024

Last sale price $365,000 $163 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,710 / mo

111 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • 5-minute walk to Thames Street Park

About This Home

As of November 2024

Welcome to 708 S Broadway, a 3-story commercial row-home on a densely-populated street in Fells Point, Baltimore. 708 S Broadway is currently setup with retail storefront on the ground floor and (2) 1Bed/1Bath apartments that are 2 stories each across the 1st, 2nd and 3rd floors. A rare location to become available, 708 S Broadway sits directly across from The Choptank Restaurant, sandwiched one block in each direction between Historic Broadway Market and Broadway Square, steps away from Thames Street Waterfront and the 5-Star Sagamore Pendry Hotel. Expect heavy foot traffic from local residents, commuting business professionals, boating enthusiasts and tourists who come to visit this lively neighborhood and the historic Baltimore waterfront. 708 S Broadway is zoned C-1-E: Neighborhood Business & Entertainment District. Permitted uses within this designation include a wide variety of retail and office uses, schools, mixed-use, apartment (secondary use), hotels, restaurants/bars, and more.

Last Agent to Sell the Property

Avery Gable

(410) 255-3690 avegable@gmail.com Douglas Realty, LLC License #5007979 Listed on: 05/30/2024

Douglas Realty, LLC

Last Buyer's Agent

Unrepresented

datacorrect@brightmls.com Unrepresented

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,600

Year Built

  • Built in 1920

Lot Details

  • 1,755 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,244 Sq Ft Home
  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Community Details

  • Fells Point Historic District Subdivision

Listing and Financial Details

  • Tax Lot 005
  • Assessor Parcel Number 0302051811 005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,600

Year Built

Built in 1920

Lot Details

1,755 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: No
  • Total Sq Ft: 2244
  • Living Area Sq Ft: 2244
  • Price Per Sq Ft: 289.66
  • Above Grade Finished Sq Ft: 2244
  • 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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1755.00
  • Zoning: C-1-E
  • In City Limits: Yes

Rental Info

  • Number Of Units Month To Month: 3
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8600.00
  • Assessor Parcel Number: 0302051811 005
  • Tax Lot: 005
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Nov 1, 2024
Sold by
Sommain Properties 708 Llc
Bought by
708 S Broadway Llc
Seller's Agent
Avery Gable
Douglas Realty, LLC
Buyer's Agent
Unrepresented
Unrepresented
List Price
$650,000
Sold Price
$365,000
Premium/Discount to List
-$285,000
-43.85%
Views
53
Current Estimated Value
$376,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,584
Avg. Annual Appreciation
2.09%
Original Mortgage
$303,500
Outstanding Balance
$259,436
Interest Rate
6.44%
Mortgage Type
Seller Take Back
Estimated Equity
$117,148

Purchase Details

Closed on
Nov 9, 2018
Sold by
Temes Irving
Bought by
Sommain Properties 708 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2008
Sold by
Temes Irving
Bought by
Temes Irving

Purchase Details

Closed on
Sep 12, 2000
Sold by
Adkins Steven
Bought by
Temes Irving
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

Date Buyer Sale Price Title Company
708 S Broadway Llc $365,000 None Listed On Document
708 S Broadway Llc $365,000 None Listed On Document
Sommain Properties 708 Llc $450,000 Diamond Title Ins Corp
Temes Irving -- --
Temes Irving $188,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 708 S Broadway Llc $303,500
Closed 708 S Broadway Llc $303,500
Previous Owner Sommain Properties 708 Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2024 11/01/24 Sold $365,000 0.0% $163 / Sq Ft
11/01/2024 11/01/24 Sold $365,000 -43.8% $163 / Sq Ft View Prior Sale
05/30/2024 05/30/24 For Sale $650,000 0.0% $290 / Sq Ft
05/30/2024 05/30/24 For Sale $650,000 -- $290 / Sq Ft
Source: Bright MLS

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 $8,559 $364,400 $175,400 $189,000
2024 $8,559 $364,400 $175,400 $189,000
2023 $8,614 $365,000 $175,400 $189,600
2022 $6,368 $269,833 $0 $0
2021 $6,206 $262,967 $0 $0
2020 $6,044 $256,100 $175,400 $80,700
2019 $5,991 $255,067 $0 $0
2018 $5,995 $254,033 $0 $0
2017 $5,971 $253,000 $0 $0
2016 $7,390 $252,600 $0 $0
2015 $7,390 $252,200 $0 $0
2014 $7,390 $251,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Avery Gable

    Seller's Agent in 2024

    Avery Gable

    Douglas Realty, LLC

    (410) 917-9377

    3 in this area

    46 Total Sales

    Avery Gable
    Section Image

  • U

    Buyer's Agent in 2024

    Unrepresented

    Unrepresented

See All Agents

Map

Source: Bright MLS

MLS Number: MDBA2127170

Bright MLS

APN: 1811-005

Maryland Baltimore City County Baltimore 21231 Fells Point

708 S Broadway, Baltimore, MD

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