NOT LISTED FOR SALE

Estimated Value: $436,878 - $463,000

-- Bed
3 Baths
2,190 Sq Ft
$205/Sq Ft Est. Value

Last Sold April 17, 2023

Last sale price $415,000 $189 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,935/month

43 Days on Market

Highlights

  • Federal Architecture
  • Hot Water Heating System
  • Property is in very good condition
  • Forced Air Heating and Cooling System

About This Home

As of April 2023

Unique investment opportunity in desirable Brewer's Hill! Offered for the first time in 3 generations, this legal 3 unit is perfectly situated for convenient access to Canton Square, The Shops at Canton Crossing, and major commuting routes. Comprised of 3- 1 Bed/1 Bath units, each unit is separately metered and features in-unit washer and dryer. Fantastic rental history with long term tenants. Current owners have diligently maintained and updated the building and systems with an open checkbook. Owner/occupants will appreciate the potential to live in one unit while renting the others to offset the mortgage. Savvy investors will appreciate the ability to add cosmetic updates to boost cash-flow as well as proximity to all of the opportunity that comes with continued development in the Canton Industrial Area.

Last Agent to Sell the Property

Michael Hofstetter

(410) 925-6395 offers@hofstettergroup.com Cummings & Co. Realtors License #RS-0036939 Listed on: 01/19/2023

Cummings & Co. Realtors

Last Buyer's Agent

Lee Tessier

(410) 638-9555 lee@leetessier.com EXP Realty, LLC License #611586

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,122

Year Built

  • Built in 1915

Lot Details

  • 1,095 Sq Ft Lot
  • Lot Dimensions are 15x73
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Federal Architecture
  • Brick Exterior Construction
  • Brick Foundation

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • 3-Story Building

Listing and Financial Details

  • Tax Lot 008
  • Assessor Parcel Number 0326086453 008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,122

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Unique investment opportunity in desirable Brewer's Hill! Offered for the first time in 3 generations, this legal 3 unit is perfectly situated for convenient access to Canton Square, The Shops at Canton Crossing, and major commuting routes. Comprised of 3- 1 Bed/1 Bath units, each unit is separately metered and features in-unit washer and dryer. Fantastic rental history with long term tenants. Current owners have diligently maintained and updated the building and systems with an open checkbook. Owner/occupants will appreciate the potential to live in one unit while renting the others to offset the mortgage. Savvy investors will appreciate the ability to add cosmetic updates to boost cash-flow as well as proximity to all of the opportunity that comes with continued development in the Canton Industrial Area.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 3285
  • Living Area Sq Ft: 2190
  • Price Per Sq Ft: 182.19
  • Above Grade Finished Sq Ft: 2190
  • Below Grade Sq Ft: 1095
  • Total Below Grade Sq Ft: 1095
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 843

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • 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: Central A/C, Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: BALTIMORE CITY PUBLIC SCHOOLS
  • School District Key: 121137830454
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15x73
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1095.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: C-1
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly
  • Rent Control: No
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6122.00
  • Assessor Parcel Number: 0326086453 008
  • Tax Lot: 008
  • Tax Total Finished Sq Ft: 2190
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 04/17/2023

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Apr 17, 2023
Sold by
Meehan Sally A and Meehan Charles A
Bought by
Shi Yucong
Seller's Agent
Michael Hofstetter
Cummings & Co. Realtors
Buyer's Agent
Lee Tessier
EXP Realty, LLC
List Price
$399,000
Sold Price
$415,000
Premium/Discount to List
$16,000
4.01%
Views
50
Current Estimated Value
$449,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,939
Avg. Annual Appreciation
3.31%
Original Mortgage
$311,250
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2017
Sold by
Meehan Charles A and Estate Of Charles Anthony Meeh
Bought by
Meehan Sally Ann and Meehan Charles A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shi Yucong $415,000 Sage Title
Meehan Sally Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shi Yucong $311,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2023 04/17/23 Sold $415,000 0.0% $189 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/23/2023 02/23/23 Off Market $415,000 -- --
01/25/2023 01/25/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $399,000 0.0% $182 / Sq Ft
09/05/2020 09/05/20 Rented $1,025 0.0% --
09/02/2020 09/02/20 Under Contract -- -- --
08/24/2020 08/24/20 For Rent $1,025 +7.9% --
08/13/2018 08/13/18 Rented $950 -9.5% --
08/10/2018 08/10/18 Under Contract -- -- --
06/09/2018 06/09/18 For Rent $1,050 +5.5% --
03/15/2016 03/15/16 Rented $995 -9.5% --
03/14/2016 03/14/16 Under Contract -- -- --
11/06/2015 11/06/15 For Rent $1,100 +2.3% --
04/30/2013 04/30/13 Rented $1,075 -8.5% --
04/29/2013 04/29/13 Under Contract -- -- --
03/27/2013 03/27/13 For Rent $1,175 -- --
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 $6,605 $292,100 $80,000 $212,100
2024 $6,605 $281,200 $0 $0
2023 $6,349 $270,300 $0 $0
2022 $6,122 $259,400 $80,000 $179,400
2021 $5,959 $252,500 $0 $0
2020 $5,796 $245,600 $0 $0
2019 $5,606 $238,700 $80,000 $158,700
2018 $5,406 $229,067 $0 $0
2017 $5,179 $219,433 $0 $0
2016 $5,235 $209,800 $0 $0
2015 $5,235 $209,800 $0 $0
2014 $5,235 $209,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2072656

Bright MLS

APN: 6453-008