NOT LISTED FOR SALE

Estimated Value: $402,000 - $523,525

-- Bed
1 Bath
2,250 Sq Ft
$206/Sq Ft Est. Value

Last Sold February 05, 2018

Last sale price $270,000 $120 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,809/month

39 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 3-minute walk to Little Lithuania Park
  • Window Unit Cooling System

About This Home

As of February 2018

Terrific licensed 3-apt money-maker w/Garage next to Univ of MD Downtown, BioTech park & Shock Trauma. Long-term tenants pay below market rent: 1F 1BR=$560, 2F 2BR 2Ba=$895, 2R 3BR 2Ba=$1,200. Totally gut rehabbed in 1992 with all new wiring, plumbing, drywall at that time. Tenants pay util w/ sep Heat Pump w/CAC, modern kit & baths, large open spaces. Legal address is 832 1/2 W. Lombard. (832>)

Last Agent to Sell the Property

Ben Frederick

(410) 752-6400 ben@benfrederick.com Live BFR, LLC License #1566 Listed on: 11/27/2017

Last Buyer's Agent

Austin Carroll

(443) 864-2466 acarroll@kw.com Keller Williams Legacy

Keller Williams Legacy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,411

Year Built

  • Built in 1920

Lot Details

  • Ground Rent of $56 per year

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Finished Basement

Listing and Financial Details

  • Tax Lot 020
  • Assessor Parcel Number 0318090238 020

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Hollins Market Subdivision

Building Details

  • Operating Expense $11,963
  • Net Operating Income $21,937

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,411

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Ground Rent
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Basement: Yes
  • Basement Type: Fully Finished
  • Price Per Sq Ft: 112.18

Exterior Features

  • Construction Materials: Combination, Brick
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s), Central A/C
  • Cooling: Yes
  • Previous Twelve Months Electric Expense: 360.00
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 2497.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 126900.00
  • Land Assessed Value: 60000.00
  • Lot Dimensions: LotLength:16 X LotDepth:67
  • Property Attached Yn: Yes
  • Zoning: R9- 3DU
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 56.00
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13003048
  • Tax Annual Amount: 4410.84
  • Assessor Parcel Number: 0318090238 020
  • Tax Lot: 020
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Gross Income: 33900.00
  • Operating Expense: 11963.00
  • Vacancy Allowance Rate: 33.33

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2000
Sold by
Klausmeyer Janet Stimek
Bought by
Studdard Michael
Current Estimated Value
$462,763

Purchase Details

Closed on
Jun 2, 1999
Sold by
Timek Anastasia A
Bought by
Stimek Janet and Meyer Klaus
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
Studdard Michael $26,500 --
Stimek Janet -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2018 02/05/18 Sold $270,000 -3.6% $120 / Sq Ft
01/05/2018 01/05/18 Pending -- -- --
11/27/2017 11/27/17 For Sale $280,000 -- $124 / 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 $4,458 $201,100 -- --
2024 $4,458 $189,800 $0 $0
2023 $4,193 $178,500 $60,000 $118,500
2022 $4,143 $175,533 $0 $0
2021 $4,073 $172,567 $0 $0
2020 $4,003 $169,600 $60,000 $109,600
2019 $3,940 $167,767 $0 $0
2018 $3,916 $165,933 $0 $0
2017 $3,873 $164,100 $0 $0
2016 $4,476 $164,100 $0 $0
2015 $4,476 $164,100 $0 $0
2014 $4,476 $169,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004229313

Bright MLS

APN: 0238-019