NOT LISTED FOR SALE

7267 Baltimore Annapolis Blvd Glen Burnie, MD 21061

Estimated Value: $403,000 - $476,000

-- Bed
3 Baths
1,929 Sq Ft
$223/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $365,000 $189 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,736/month

241 Days on Market

Highlights

  • 0.53 Acre Lot
  • No HOA
  • Hot Water Baseboard Heater
  • Colonial Architecture

About This Home

As of March 2022

This is a great investment opportunity There are 3 units two are two bedroom units and one, one bedroom unit. The property sits on just over a half acre with plenty of off street parking and a nice back yard. The roof is only a few months old the heat is radiant hot water. Inside the units are in great condition the property has been well maintained, with gleaming hardwood floors in some of the units. The rents are well below what the market will bare. Don't miss this opportunity for a three unit building in the heart of Ferndale next to Will's Diner. This property could also be purchased as a primary residence with a FHA loan, if one of the units were occupied by the buyer. Then the other two units could be leased out, please call the listing agent for more information. Monthly payments would cost the owner approximately $2,300.00.

Last Agent to Sell the Property

John Boring

Century 21 Don Gurney License #527307 Listed on: 05/19/2021

Century 21 Don Gurney

Last Buyer's Agent

Kristi Krankowski

RE/MAX One

RE/MAX One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,157

Year Built

  • Built in 1924

Lot Details

  • 0.53 Acre Lot

Home Design

  • 1,929 Sq Ft Home
  • Colonial Architecture

Parking

  • Driveway
  • Off-Street Parking

Utilities

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

Additional Features

  • Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 020526008873000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,157

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2021-05-19
  • Year Built: 1924
  • Automatically Close On Close Date: No
  • Remarks Public: This is a great investment opportunity There are 3 units two are two bedroom units and one, one bedroom unit. The property sits on just over a half acre with plenty of off street parking and a nice back yard. The roof is only a few months old the heat is radiant hot water. Inside the units are in great condition the property has been well maintained, with gleaming hardwood floors in some of the units. The rents are well below what the market will bare. Don't miss this opportunity for a three unit building in the heart of Ferndale next to Will's Diner. This property could also be purchased as a primary residence with a FHA loan, if one of the units were occupied by the buyer. Then the other two units could be leased out, please call the listing agent for more information. Monthly payments would cost the owner approximately $2,300.00.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Total Sq Ft: 1929
  • Living Area Sq Ft: 1929
  • Price Per Sq Ft: 207.31
  • Above Grade Finished Sq Ft: 1929
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7267

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Refuse: 341.00
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
  • School District Key: 121140671932
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 103200.00
  • Land Assessed Value: 158700.00
  • Land Use Code: 011
  • Lot Size Acres: 0.53
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22950.00
  • Year Assessed: 2021
  • Zoning: R5
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15299522
  • Tax Annual Amount: 3157.00
  • Assessor Parcel Number: 020526008873000
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 1929
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 03/29/2022

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Mar 29, 2022
Sold by
The Sherman And Laura Knox Revocable Tru
Bought by
Hdb Properties Llc
Seller's Agent
John Boring
Century 21 Don Gurney
Buyer's Agent
Kristi Krankowski
RE/MAX One
List Price
$425,000
Sold Price
$365,000
Premium/Discount to List
-$60,000
-14.12%
Current Estimated Value
$431,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,024
Avg. Annual Appreciation
3.28%
Original Mortgage
$273,750
Outstanding Balance
$115,485
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$291,657

Purchase Details

Closed on
Jan 27, 2021
Sold by
Knox Sherman E and Knox Laura G
Bought by
Knox Sherman E and Knox Laura G

Purchase Details

Closed on
Mar 1, 2001
Sold by
Knox Sherman E
Bought by
Knox Sherman E and Knox Laura G

Purchase Details

Closed on
May 29, 1986
Sold by
Rogers Wyatt A
Bought by
Knox Sherman E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,825
Interest Rate
10.36%
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
Hdb Properties Llc $365,000 None Listed On Document
Knox Sherman E -- None Available
Knox Sherman E -- --
Knox Sherman E $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hdb Properties Llc $273,750
Previous Owner Knox Sherman E $90,825
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2022 03/29/22 Sold $365,000 -8.7% $189 / Sq Ft
01/16/2022 01/16/22 Pending -- -- --
08/04/2021 08/04/21 Price Changed $399,900 -5.9% $207 / Sq Ft
05/19/2021 05/19/21 For Sale $425,000 -- $220 / 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 $4,641 $319,700 $186,700 $133,000
2024 $4,641 $304,200 $0 $0
2023 $4,386 $288,700 $0 $0
2022 $3,967 $273,200 $158,700 $114,500
2021 $0 $269,433 $0 $0
2020 $3,762 $265,667 $0 $0
2019 $0 $261,900 $158,700 $103,200
2018 $2,512 $247,700 $0 $0
2017 $3,231 $233,500 $0 $0
2016 -- $219,300 $0 $0
2015 -- $219,300 $0 $0
2014 -- $219,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA468180

Bright MLS

APN: 05-260-08873000