$220,000
SOLD SEP 29, 2021 RENTED JUN 2, 2025
-- Bed
-- Bath
2,000 Sq Ft
3,720 Sq Ft Lot

Recently Sold

$110 Per Sq Ft

8% Below List Price

60 Days on Market

Highlights

  • Dual Staircase
  • No HOA
  • Eat-In Kitchen
  • Traditional Architecture
  • 1 Car Detached Garage
  • Walk-In Closet

About This Home

As of September 2021

BACK ON THE MARKET!!! ***OPPORTUNITY FOR INVESTMENT --- 3-UNIT INCOME PRODUCING LICENSED RENTAL PROPERTY IN GREAT CONDITION!!! *** PROPERTY IS LICENSED w/BALT CITY & MDE; EACH UNIT HAS 1 BEDROOM, FULL BATH, LIVING ROOM, KITCHEN, WITH WASHER AND DRYER IN EACH UNIT; FIRST FLR UNIT ALSO HAS EXTRA HALF BATH. UNITS ARE GAS & ELECTRIC METERED SEPARATELY. THE FIRST AND SECOND FLOOR UNITS ALREADY HAVE TENANTS. TENANTS PAY THEIR OWN GAS & ELECTRIC & HOT WATER. BASIC WATER PAID BY OWNER. THERE IS A LARGE DOUBLE STORAGE SHED/GARAGE WITH ADDITIONAL INCOME POTENTIAL. FIRST FLOOR TENANT HAS ONE YEAR LEASE THROUGH APRIL 2021 AT $950 PER MONTH. SECOND FLOOR TENANT IS LONG TERM ON MONTH TO MONTH AT $745 PER MONTH. THIRD FLOOR WAS LAST LISTED AT $950 PER MONTH & IS CURRENTLY VACANT. FIRE ESCAPE FOR 2ND & 3RD FLOORS, PLUS REAR EXIT TO DECK FOR FIRST FLOOR UNIT. DETACHED GARAGE CURRENTLY HAS 2 STORAGE AREAS, COULD BE USED AS ADDITIONAL INCOME. NOTE: ALL HWHs LESS THAN 4 YRS OLD, 1ST FLR FURNACE LESS THAN 4 YRS OLD! *** DON'T MISS THIS!!! ***

Last Agent to Sell the Property

Mike Booz

Signature Realty Group, LLC License #626775 Listed on: 02/13/2021

Co-Listed By

Stacey Messercola

Signature Realty Group, LLC License #674623

Last Buyer's Agent

Tim Jacob

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,663

Year Built

  • Built in 1920

Lot Details

  • 3,720 Sq Ft Lot
  • Back and Front Yard
  • Property is in very good condition

Parking

  • 1 Car Detached Garage
  • 3 Driveway Spaces
  • Parking Storage or Cabinetry
  • Gravel Driveway
  • On-Street Parking
  • Fenced Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Dwelling with Rental
  • Shingle Siding
  • Cedar

Interior Spaces

  • 2,000 Sq Ft Home
  • Dual Staircase
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Stove
  • Range Hood

Flooring

  • Partially Carpeted
  • Laminate
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower

Unfinished Basement

  • Side Exterior Basement Entry
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Escape

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 025
  • Assessor Parcel Number 0309034079 025

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3-Story Building
  • Govans Subdivision

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Insurance Expense $1,200
  • Other Expense $263
  • Gross Income $31,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,663

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Dwelling With Rental, Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Other Expense: 262.50
  • Expected On Market: 2021-02-17
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: BACK ON THE MARKET!!! ***OPPORTUNITY FOR INVESTMENT --- 3-UNIT INCOME PRODUCING LICENSED RENTAL PROPERTY IN GREAT CONDITION!!! *** PROPERTY IS LICENSED w/BALT CITY & MDE; EACH UNIT HAS 1 BEDROOM, FULL BATH, LIVING ROOM, KITCHEN, WITH WASHER AND DRYER IN EACH UNIT; FIRST FLR UNIT ALSO HAS EXTRA HALF BATH. UNITS ARE GAS & ELECTRIC METERED SEPARATELY. THE FIRST AND SECOND FLOOR UNITS ALREADY HAVE TENANTS. TENANTS PAY THEIR OWN GAS & ELECTRIC & HOT WATER. BASIC WATER PAID BY OWNER. THERE IS A LARGE DOUBLE STORAGE SHED/GARAGE WITH ADDITIONAL INCOME POTENTIAL. FIRST FLOOR TENANT HAS ONE YEAR LEASE THROUGH APRIL 2021 AT $950 PER MONTH. SECOND FLOOR TENANT IS LONG TERM ON MONTH TO MONTH AT $745 PER MONTH. THIRD FLOOR WAS LAST LISTED AT $950 PER MONTH & IS CURRENTLY VACANT. FIRE ESCAPE FOR 2ND & 3RD FLOORS, PLUS REAR EXIT TO DECK FOR FIRST FLOOR UNIT. DETACHED GARAGE CURRENTLY HAS 2 STORAGE AREAS, COULD BE USED AS ADDITIONAL INCOME. NOTE: ALL HWHs LESS THAN 4 YRS OLD, 1ST FLR FURNACE LESS THAN 4 YRS OLD! *** DON'T MISS THIS!!! ***
  • Special Features: None

Interior Features

  • Appliances: Dryer, Range Hood, Refrigerator, Stove, Washer, Washer/Dryer Stacked, Water Heater
  • Flooring Type: Laminated, Partially Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Carpet, Ceiling Fan(s), Kitchen - Eat-In, Primary Bath(s), Tub Shower, Walk-In Closet(s), Additional Stairway
  • Wall Ceiling Types: 9'+ Ceilings
  • Room Count: 13
  • Basement: Yes
  • Basement Type: Side Entrance, Sump Pump, Unfinished, Outside Entrance
  • Total Sq Ft: 2000
  • Living Area Sq Ft: 2000
  • Price Per Sq Ft: 112.50
  • Above Grade Finished Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 811

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Cedar, Shingle Siding
  • Exterior Features: Fire Escape
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Fenced, Gravel Driveway
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, On Street, Detached Garage
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 184
  • Water Previous Twelve Months: 2208.00
  • 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: 164300.00
  • Land Assessed Value: 30000.00
  • Land Use Code: 003
  • Lot Features: Rear Yard, Front Yard
  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3720.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: R-7
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Owner Pays: Water
  • Total Actual Rent: 31140.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12934942
  • Tax Annual Amount: 3663.00
  • Assessor Parcel Number: 0309034079 025
  • Tax Lot: 025
  • Tax Total Finished Sq Ft: 2000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/29/2021

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 30240.00
  • Gross Scheduled Income: 31140.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 3
  • Vacancy Allowance Rate: 2.89

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2021
Closed on
Sep 29, 2021
Sold by
Redmon Laddie
Bought by
Kennedy Krista Leah
Seller's Agent
Mike Booz
Signature Realty Group, LLC
Buyer's Agent
Tim Jacob
Long & Foster Real Estate, Inc.
List Price
$240,000
Sold Price
$220,000
Premium/Discount to List
-$20,000
-8.33%
Current Estimated Value
$292,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,008
Avg. Annual Appreciation
6.74%
Original Mortgage
$165,000
Interest Rate
3.09%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $220,000 Sage Title Group Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $165,000 New Conventional
Previous Owner $50,820 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Rented $1,100 +4.8% --
05/06/2025 05/06/25 Price Changed $1,050 -8.7% $1 / Sq Ft
03/18/2025 03/18/25 For Rent $1,150 0.0% --
09/29/2021 09/29/21 Sold $220,000 -2.2% $110 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
03/27/2021 03/27/21 Price Changed $225,000 -6.3% $113 / Sq Ft
03/15/2021 03/15/21 Price Changed $240,000 0.0% $120 / Sq Ft
03/15/2021 03/15/21 For Sale $240,000 +20.1% $120 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
02/13/2021 02/13/21 For Sale $199,900 -- $100 / 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 $5,060 $226,000 $30,000 $196,000
2024 $5,060 $215,433 $0 $0
2023 $4,812 $204,867 $0 $0
2022 $4,585 $194,300 $30,000 $164,300
2021 $4,125 $174,767 $0 $0
2020 $3,664 $155,233 $0 $0
2019 $3,187 $135,700 $30,000 $105,700
2018 $3,202 $135,667 $0 $0
2017 $3,201 $135,633 $0 $0
2016 $3,364 $135,600 $0 $0
2015 $3,364 $135,600 $0 $0
2014 $3,364 $135,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA539452

Bright MLS

APN: 4079-025