NOT LISTED FOR SALE

731 Reservoir St Baltimore, MD 21217

Reservoir Hill Neighborhood

Estimated Value: $384,000 - $401,571

-- Bed
3 Baths
4,236 Sq Ft
$93/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $246,750 $58 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,703/month

Highlights

  • Victorian Architecture
  • Forced Air Heating and Cooling System
  • 5-minute walk to Park at Ducatel Street
  • No HOA
  • Multi-Tank Electric Water Heater

About This Home

As of February 2021

Fantastic Opportunity to own a 3-4 unit apartment home in Historic Reservoir Hill. This large end of group townhome consists of 3 apartment units- all very spacious and light filled. Plenty of windows in each unit provides a ton of natural light. The lower level is also finished and is incorporated as part of the 1st floor to make for an extremely large apartment. This could be an owner's unit or convert the lower level to a 4th unit once licensing is approved for the additional unit. The building is situated on a deep lot that is fully fenced and gated. Parking for multiple cars is possible. This is a great opportunity to have instant cash flow. This property is now active in an online auction. All offers must be submitted through the property’s listing page on the auction website. The sale will be subject to a 5% buyer’s premium pursuant to the Auction Terms & Conditions (minimums may apply). All auction bids will be processed subject to seller approval.

Last Agent to Sell the Property

J.D. DiGirolamo

(443) 506-2598 jd@lnf.com Berkshire Hathaway HomeServices Homesale Realty License #518086 Listed on: 11/02/2020

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Amanda Paris

(410) 995-8339 amandaparisrealtor@gmail.com Coldwell Banker Realty License #661767

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 2,178 Sq Ft Lot
  • Property is in good condition

Home Design

  • Triplex
  • Victorian Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Home Security

  • Window Bars
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • 2 Off-Street Spaces
  • Dirt Driveway
  • Surface Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Multi-Tank Electric Water Heater

Listing and Financial Details

  • Tax Lot 036
  • Assessor Parcel Number 0313113443 036

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 4-Story Building
  • Reservoir Hill Historic District Subdivision

Building Details

  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1905
  • Automatically Close On Close Date: No
  • Remarks Public: Fantastic Opportunity to own a 3-4 unit apartment home in Historic Reservoir Hill. This large end of group townhome consists of 3 apartment units- all very spacious and light filled. Plenty of windows in each unit provides a ton of natural light. The lower level is also finished and is incorporated as part of the 1st floor to make for an extremely large apartment. This could be an owner's unit or convert the lower level to a 4th unit once licensing is approved for the additional unit. The building is situated on a deep lot that is fully fenced and gated. Parking for multiple cars is possible. This is a great opportunity to have instant cash flow. This property is now active in an online auction. All offers must be submitted through the property’s listing page on the auction website. The sale will be subject to a 5% buyer’s premium pursuant to the Auction Terms & Conditions (minimums may apply). All auction bids will be processed subject to seller approval.
  • Special Features: None

Interior Features

  • Total Sq Ft: 4848
  • Living Area Sq Ft: 4236
  • Price Per Sq Ft: 58.72
  • Above Grade Finished Sq Ft: 3636
  • Below Grade Finished Sq Ft: 600
  • Below Grade Sq Ft: 612
  • Total Below Grade Sq Ft: 1212
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 731

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Dirt Driveway, Surface
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Multi-Tank, Electric
  • Security: Main Entrance Lock, Smoke Detector, Window Grills
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: 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: 247800.00
  • Land Assessed Value: 69000.00
  • Land Use Code: 003
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12964188
  • Tax Annual Amount: 6922.00
  • Assessor Parcel Number: 0313113443 036
  • Tax Lot: 036
  • Tax Total Finished Sq Ft: 4236
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021
  • Close Date: 02/24/2021

Multi Family

  • Number Of Units Vacant: 3

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2020
Sold by
U S Bank National Assocaition
Bought by
Kemetic Capital Management Llc
Current Estimated Value
$392,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,195
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2020
Sold by
Bennett Kevin
Bought by
U S Bank Na and J P Morgan Mtg Acquisition Tr 2006 Wmc4

Purchase Details

Closed on
Apr 1, 2003
Sold by
Workman Anthony
Bought by
Bennett Kevin

Purchase Details

Closed on
Mar 5, 2001
Sold by
Resource Bancshares Mortgage
Bought by
Workman Anthony

Purchase Details

Closed on
Oct 13, 2000
Sold by
Beckles Melvin G
Bought by
Resource Bancshares Mortgage and Group, Inc
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
Kemetic Capital Management Llc $246,750 Masters Title & Escrow
U S Bank Na $306,000 None Available
Bennett Kevin $141,700 --
Workman Anthony -- --
Workman Anthony $24,000 --
Resource Bancshares Mortgage $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kemetic Capital Management Llc $356,195
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $246,750 +15.6% $58 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $213,500 -- $50 / 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 $7,453 $317,600 $69,000 $248,600
2024 $7,453 $317,333 $0 $0
2023 $7,483 $317,067 $0 $0
2022 $7,476 $316,800 $69,000 $247,800
2021 $7,200 $305,067 $0 $0
2020 $6,923 $293,333 $0 $0
2019 $6,614 $281,600 $69,000 $212,600
2018 $6,646 $281,600 $69,000 $212,600
2017 $6,646 $281,600 $0 $0
2016 $4,375 $294,700 $0 $0
2015 $4,375 $258,033 $0 $0
2014 $4,375 $221,367 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    J.D. DiGirolamo

    Berkshire Hathaway HomeServices Homesale Realty

    (443) 506-2598

    1 in this area

    39 Total Sales

    J.D. DiGirolamo
    Section Image
  • Amanda Paris

    Buyer's Agent in 2021

    Amanda Paris

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (410) 995-8339

    3 in this area

    59 Total Sales

    Amanda Paris
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDBA529932

Bright MLS

APN: 3443-036

Maryland Baltimore City County Baltimore 21217 Reservoir Hill

731 Reservoir St, Baltimore, MD

This home is located at 731 Reservoir St, Baltimore, MD 21217 since 02 November 2020 and is currently estimated at $392,786, approximately $92 per square foot. This property was built in 1905. 731 Reservoir St is a home located in Baltimore City with nearby schools including Mount Royal Elementary/Middle School, Booker T. Washington Middle School, and Frederick Douglass High School.

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