NOT LISTED FOR SALE

Estimated Value: $185,000 - $216,240

Studio
2 Baths
1,400 Sq Ft
$143/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $101,000 $72 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,287/month

10 Days on Market

About This Home

As of October 2018

Great opportunity for investors or first-time Buyer! Well maintained 2 unit home. Each unit has 2 BR and 1 BA in a nice neighborhood and convenient location, near Loyola, Towson University.

Last Agent to Sell the Property

Lisa Ma

(301) 938-9268 lishama@gmail.com UnionPlus Realty, Inc. Listed on: 08/10/2018

Last Buyer's Agent

Rob Thorworth

rob@homesbyvesta.com Long & Foster Real Estate, Inc. License #667050

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 2,574 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,400 Sq Ft Home
  • English Basement

Schools

  • Govans Elementary School

Utilities

  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 002
  • Assessor Parcel Number 0327515140N002

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $14,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: English
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 71.36
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above 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
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: GOVANS

Lot Info

  • Improvement Assessed Value: 96600.00
  • Land Assessed Value: 20000.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2574.00
  • Zoning: 0R060
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13111556
  • Tax Annual Amount: 2565.32
  • Assessor Parcel Number: 0327515140N002
  • Tax Lot: 002
  • Tax Year: 2017

Multi Family

  • Gross Income: 18000.00
  • Operating Expense: 14500.00
  • Vacancy Allowance Rate: 8.50

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Nov 13, 2018
Sold by
Turf Llc
Bought by
Smith Veneice G and Butler Ronald P
Seller's Agent
Lisa Ma
UnionPlus Realty, Inc.
Buyer's Agent
Rob Thorworth
Long & Foster Real Estate, Inc.
List Price
$99,900
Sold Price
$101,000
Premium/Discount to List
$1,100
1.1%
Current Estimated Value
$200,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,620
Avg. Annual Appreciation
10.02%
Original Mortgage
$80,800
Outstanding Balance
$71,091
Interest Rate
4.83%
Estimated Equity
$129,529

Purchase Details

Listed on
Aug 10, 2018
Closed on
Nov 7, 2018
Sold by
Lisa Ma
Bought by
Butler Roland P and Smith Veneice G
Seller's Agent
Lisa Ma
UnionPlus Realty, Inc.
Buyer's Agent
Rob Thorworth
Long & Foster Real Estate, Inc.
List Price
$99,900
Sold Price
$101,000
Premium/Discount to List
$1,100
1.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,800
Outstanding Balance
$71,091
Interest Rate
4.83%
Estimated Equity
$129,529

Purchase Details

Closed on
Jun 13, 2007
Sold by
Covington Paul Dan
Bought by
Ma Lisa and He Jing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,280
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2007
Sold by
Krause Laurence N
Bought by
Covington Paul Dan and Hollander Christopher Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
6.24%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 21, 2006
Sold by
Krause Laurence N
Bought by
Covington Paul Dan and Hollander Christopher Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
6.24%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 13, 1994
Sold by
Higgins By Grdn M T
Bought by
Krause L N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
8.29%
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
Smith Veneice G $1,600 Sage Title Group Ll
Butler Roland P $101,000 --
Ma Lisa $134,100 --
Covington Paul Dan $85,000 --
Covington Paul Dan $85,000 --
Krause L N $41,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krause L N $80,800
Closed Krause L N --
Previous Owner Ma Lisa $107,280
Previous Owner Covington Paul Dan $17,000
Previous Owner Covington Paul Dan $17,000
Previous Owner Krause L N $42,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2018 10/29/18 Sold $101,000 +1.1% $72 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $99,900 -79.8% $71 / Sq Ft
07/16/2018 07/16/18 Sold $495,000 +395.5% $341 / Sq Ft View Prior Sale
05/18/2018 05/18/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $99,900 0.0% $69 / Sq Ft
12/01/2014 12/01/14 Rented $750 0.0% --
11/30/2014 11/30/14 Under Contract -- -- --
10/14/2014 10/14/14 For Rent $750 -- --
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 $2,863 $136,300 -- --
2024 $2,863 $121,900 $20,000 $101,900
2023 $2,790 $118,800 $0 $0
2022 $2,731 $115,700 $0 $0
2021 $2,657 $112,600 $20,000 $92,600
2020 $2,657 $112,600 $20,000 $92,600
2019 $2,645 $112,600 $20,000 $92,600
2018 $2,752 $116,600 $20,000 $96,600
2017 $2,565 $108,700 $0 $0
2016 -- $100,800 $0 $0
2015 $2,825 $92,900 $0 $0
2014 $2,825 $92,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002203412

Bright MLS

APN: 5140N-002