NOT LISTED FOR SALE

Estimated Value: $391,000 - $392,662

-- Bed
2 Baths
1,984 Sq Ft
$197/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $375,000 $189 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,631/month

81 Days on Market

Highlights

  • Porch
  • Ceiling Fan
  • Heating System Uses Oil

About This Home

As of June 2023

This charming two person apartment building is located in the highly desirable Roland Park area of Baltimore, offering the perfect blend of urban convenience and suburban tranquility. Boasting a prime location, the building is within close proximity to numerous shops, restaurants, and entertainment options, making it an ideal spot for those seeking a vibrant and convenient lifestyle.

The building features two well-appointed apartments, each offering a comfortable one-bedroom living space. Both units are rented to happy, paying tenants.

Exterior features of the building include a well-manicured lawn, a front porch as well as a back deck off of unit 1, and a secure off-street parking area, providing residents with peace of mind and a convenient place to park their vehicles.

If you are looking to expand your rental portfolio, or own a home where you can live in one unit and rent the other, this is perfect for you! This income-producing property in a highly desirable area will provide you instant income with current tenants, and instant equity!

Last Agent to Sell the Property

Jose Rivas

(410) 220-0345 jose@lionhomegroup.com Keller Williams Gateway LLC License #17572 Listed on: 02/09/2023

Keller Williams Gateway LLC

Last Buyer's Agent

Cara Fabian

(443) 415-6329 cara@cummingsrealtors.com Cummings & Co. Realtors License #583011

Cummings & Co. Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,889

Year Built

  • Built in 1918

Lot Details

  • 3,598

Home Design

  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Basement

Kitchen

  • Gas Oven or Range
  • Range Hood

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Off-Street Spaces
  • On-Street Parking

Schools

  • Roland Park Elementary-Middle School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Natural Gas Water Heater

Additional Features

  • Porch
  • 3,598 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 007
  • Assessor Parcel Number 0327144918 007

Community Details

Overview

  • 2 Units
  • Roland Park Subdivision

Building Details

  • Net Operating Income $10,256

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,889

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1918
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Dryer, Oven/Range - Gas, Range Hood, Refrigerator, Washer
  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Total Sq Ft: 2810
  • Living Area Sq Ft: 1984
  • Price Per Sq Ft: 199.09
  • Above Grade Finished Sq Ft: 1984
  • Below Grade Sq Ft: 826
  • Total Below Grade Sq Ft: 826
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, On Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Oil
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: ROLAND PARK ELEMENTARY-MIDDLE SCHOOL

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3598.00
  • Outdoor Living Structures: Porch(es)
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Total Actual Rent: 26222.59
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4889.00
  • Assessor Parcel Number: 0327144918 007
  • Tax Lot: 007
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

Multi Family

  • Gross Income: 26222.59

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Jun 26, 2023
Sold by
M Anita Dowling Inc and Deepdene Road Llc
Bought by
Klock Kristina A
Seller's Agent
Jose Rivas
Keller Williams Gateway LLC
Buyer's Agent
Cara Fabian
Cummings & Co. Realtors
List Price
$395,000
Sold Price
$375,000
Premium/Discount to List
-$20,000
-5.06%
Views
561
Current Estimated Value
$407,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,341
Avg. Annual Appreciation
1.80%
Original Mortgage
$356,250
Outstanding Balance
$344,521
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$47,310

Purchase Details

Closed on
Aug 28, 2014
Sold by
Huller Marian A and Dowling Paul J
Bought by
Deepdene Road Llc
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
Klock Kristina A $375,000 Cc Title
Deepdene Road Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klock Kristina A $356,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2023 06/23/23 Sold $375,000 -5.1% $189 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $395,000 -- $199 / 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 $5,954 $257,233 -- --
2024 $5,954 $253,500 $89,900 $163,600
2023 $5,410 $230,333 $0 $0
2022 $4,889 $207,167 $0 $0
2021 $4,342 $184,000 $89,900 $94,100
2020 $4,316 $182,900 $0 $0
2019 $4,270 $181,800 $0 $0
2018 $4,265 $180,700 $89,900 $90,800
2017 $4,265 $180,700 $0 $0
2016 $4,233 $180,700 $0 $0
2015 $4,233 $180,700 $0 $0
2014 $4,233 $180,033 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2074860

Bright MLS

APN: 4918-007