NOT LISTED FOR SALE

7704 Fredkert Ave Nottingham, MD 21236

Estimated Value: $483,506 - $502,000

Studio
3 Baths
3,273 Sq Ft
$151/Sq Ft Est. Value

Last Sold October 15, 2024

Last sale price $465,000 $142 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,873/month

10 Days on Market

About This Home

As of October 2024

Introducing a fantastic entry-level opportunity to effortlessly manage three self-contained apartments in a detached, all-brick building with vinyl replacement windows. This property offers immense upside potential to enhance kitchens and baths, allowing you to achieve higher rental rates. With easy commuting for both tenants and landlords, you'll enjoy quick 5-minute access to I-695, conveniently situated between Belair and Harford Roads for seamless travel into Baltimore County or Downtown Baltimore City. Don't miss this chance to invest in a property with both immediate and long-term benefits! Built in 1969 as a garden style 3-unit apartment building, floorplans are spacious and thoughtful. Each unit has a private patio or balcony, two bedrooms and one bathroom. Eat-in kitchens have ample cabinet and counter space, safe spacing wall mounted ovens and gas cook-tops. Dishwashers were added for convenience, as well as washing machines. Clothes dryers are located in the private utility rooms that are located off of the patios and balconies. Most living areas have carpeting, with vinyl tile in kitchens and ceramic tile floor in the bathrooms. Two apartments have pedestal sinks; one apartment has a wall mounted sink. All bathrooms have a full tub with ceramic tile tub-surround. With mostly drywall throughout; the first-floor apartment features some wood paneling; there exists the possibility to obtain lead-free status. This apartment building was built with significant upgrades, unlike converted dwellings that were built in the 1900’s. With a copper water main, and interior copper water supply lines, an owner doesn’t have to worry about costly water main upgrades in the future. Interior drain lines are PVC or copper. Each unit has its own HVAC; two apartment have gas-fired forced air furnaces; one apartment has a gas boiler. All units benefit from central air conditioning. Each apartment also has their own 40-gallon, gas-fired water heater. With three electric meters and three gas meters, tenants easily pay their own utilities. Landlords aren’t bothered with pesky monthly bills for public service utilities. The current owner pays for the water bill; a savvy investor would charge this back to the tenants and increase monthly cash flows. Tenants enjoy plenty of off-street parking and a large yard. The front parking lot pull-around can fit 2 cars easily, and there is a large parking pad for 5 cars in the rear. Neighborhoods in Northern Baltimore City, especially those between the Harford Road and Belair Road corridors, benefit from large yards and a much less dense population. Fredkert Avenue, anchored by the Maryland School for the Blind, Parkwood Cemetery, and Double Rock Park, provides ample open space, contributing to the quiet and stable atmosphere of 7704 Fredkert for investors and tenants alike.

All kinds of stores and services front Belair and Harford Roads, so tenants have many options for shopping, dining, and recreation. Less than two miles north, The Putty Hill Plaza is home to major retailers like Giant Food, Weis, LA Fitness and more. A mile west, to Harford Road, are more national and local tenants, like Petco, Chipolte and more, including the neighborhood favorite bar – Racer’s Cafe. Harford & Belair Roads are popular for traveling north and south, from Downtown Baltimore and points through Baltimore County and well into Harford County. I-695, for points east and west, is 5-minutes away.

Last Agent to Sell the Property

Will Cannon

(410) 916-3331 wcannon3@gmail.com Ben Frederick Realty, Inc. Listed on: 07/14/2024

Last Buyer's Agent

Cheryl Sadera

(410) 688-1348 cheryl@benfrederick.com Ben Frederick Realty, Inc. License #666796

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,791

Year Built

  • Built in 1969

Lot Details

  • 6,839 Sq Ft Lot

Home Design

  • 3,273 Sq Ft Home
  • Triplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Block Foundation

Parking

  • 5 Open Parking Spaces
  • 7 Parking Spaces
  • 2 Driveway Spaces
  • Parking Lot

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • Taylor Heights Subdivision

Listing and Financial Details

  • Tax Lot 012
  • Assessor Parcel Number 0327045514A012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,791

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Exclusions: Tenants' possessions excluded. Apt 2 tenant replaced the clothes dryer on her own.
  • Inclusions: 3 clothes washers, 2 clothes dryers. 3 ovens, 3 dishwashers.
  • New Construction: No
  • Year Built: 1969
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Total Sq Ft: 3273
  • Living Area Sq Ft: 3273
  • Price Per Sq Ft: 142.07
  • Above Grade Finished Sq Ft: 3273
  • 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
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Driveway, Parking Lot
  • Number of Spaces in Driveway: 2
  • Parking Lot Number Of Spaces: 5

Utilities

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6839.00
  • Zoning: R-3
  • Zoning Description: Licensed for 3 Dwelling Units.
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Total Actual Rent: 42600.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5791.00
  • Assessor Parcel Number: 0327045514A012
  • Tax Lot: 012
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2024
Closed on
Oct 15, 2024
Sold by
Obrebska Halina
Bought by
Woodside David
Seller's Agent
Will Cannon
Ben Frederick Realty, Inc.
Buyer's Agent
Cheryl Sadera
Ben Frederick Realty, Inc.
List Price
$465,000
Sold Price
$465,000
Views
102
Current Estimated Value
$456,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,842
Avg. Annual Appreciation
4.83%
Original Mortgage
$441,750
Interest Rate
6.44%
Mortgage Type
New Conventional
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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Purchase History

Date Buyer Sale Price Title Company
Woodside David $465,000 Chicago Title
Woodside David $465,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Woodside David $441,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2024 10/15/24 Sold $465,000 0.0% $142 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
07/14/2024 07/14/24 For Sale $465,000 -- $142 / 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 $5,884 $261,900 -- --
2024 $5,884 $250,500 $51,800 $198,700
2023 $5,791 $245,400 $0 $0
2022 $5,671 $240,300 $0 $0
2021 $5,551 $235,200 $51,800 $183,400
2020 $5,083 $215,367 $0 $0
2019 $4,593 $195,533 $0 $0
2018 $4,147 $175,700 $51,800 $123,900
2017 $4,147 $175,700 $0 $0
2016 $6,729 $175,700 $0 $0
2015 $6,729 $180,000 $0 $0
2014 $6,729 $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2132568

Bright MLS

APN: 5514A-012