NOT LISTED FOR SALE

902 1st St Brooklyn, MD 21225

Estimated Value: $115,000 - $160,853

-- Bed
3 Baths
1,304 Sq Ft
$107/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $110,000 $84 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $927/month

30 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of October 2020

Located in Anne Arundel County. Bring your investors. House has 2 one bedroom apartments and efficiency. 2nd floor unit rents for $950 1st floor unit rents for $800 Basement rents for $400 Total rental is $2150. Seller pays BG&E and water bill. All tenants want to stay but, are on month to month

Last Agent to Sell the Property

Cynthia Taylor

(443) 831-1639 cindytaylorapp@msn.com RE/MAX Ikon Listed on: 08/25/2020

RE/MAX Ikon

Last Buyer's Agent

Donnell DeLoatch

(202) 425-2756 deloatchsellshomes@gmail.com Samson Properties License #577357

Samson Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,368

Year Built

  • Built in 1948

Lot Details

  • 1,800 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Basement Fills Entire Space Under The House
  • Stove

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • The owner pays for electricity, gas, water, sewer
  • Tax Lot 902
  • Assessor Parcel Number 020569203164500

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals
  • Gross Income $25,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,368

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1948
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Appliances: Stove, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1656
  • Living Area Sq Ft: 1304
  • Price Per Sq Ft: 104.17
  • Above Grade Finished Sq Ft: 1104
  • Below Grade Finished Sq Ft: 200
  • Below Grade Sq Ft: 352
  • Total Below Grade Sq Ft: 552
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Unknown
  • 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

  • Refuse: 298.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Previous Twelve Months Electric Expense: 1620.00
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 420.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 94500.00
  • Land Assessed Value: 20000.00
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1800.00
  • Zoning: R15
  • In City Limits: No

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Owner Pays: Electricity, Gas, Water, Sewer
  • Rent Control: No
  • Total Actual Rent: 25800.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15309004
  • Tax Annual Amount: 1368.00
  • Assessor Parcel Number: 020569203164500
  • Tax Lot: 902
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Multi Family

  • Gross Scheduled Income: 25800.00
  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Oct 30, 2020
Sold by
Wrm Properties Llc
Bought by
Pyrmid Properties Llc
Seller's Agent
Cynthia Taylor
RE/MAX Ikon
Buyer's Agent
Donnell DeLoatch
Samson Properties
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%
Current Estimated Value
$139,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,618
Avg. Annual Appreciation
4.70%
Original Mortgage
$82,500
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 2017
Sold by
Bortner Lynn A
Bought by
Wrm Properties Llc

Purchase Details

Closed on
Jun 10, 1980
Bought by
Ecker Thomas N and Ecker Eleanor A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
13.06%
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
Pyrmid Properties Llc $110,000 Cardinal Title Group Llc
Wrm Properties Llc $70,000 Homeland Title & Escrow Ltd
Ecker Thomas N $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pyrmid Properties Llc $82,500
Previous Owner Ecker Thomas N $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $110,000 -4.3% $84 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $115,000 -- $88 / 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 $2,371 $151,500 $20,000 $131,500
2024 $2,371 $139,167 $0 $0
2023 $2,182 $126,833 $0 $0
2022 $1,914 $114,500 $20,000 $94,500
2021 $1,871 $110,400 $0 $0
2020 $1,744 $106,300 $0 $0
2019 $1,702 $102,200 $20,000 $82,200
2018 $1,036 $102,200 $20,000 $82,200
2017 $1,701 $102,200 $0 $0
2016 -- $104,300 $0 $0
2015 -- $104,300 $0 $0
2014 -- $104,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDAA444540

Bright MLS

APN: 05-692-03164500