NOT LISTED FOR SALE

940 Harlem Ave Baltimore, MD 21217

Harlem Park Neighborhood

Estimated Value: $1,173,000

-- Bed
-- Bath
-- Sq Ft
1920 Built

Last Sold December 22, 2023

Last sale price $135,000

Est. 769% increase in value since last sale

Current estimated payment $6,526/month

68 Days on Market

About This Home

As of December 2023

Welcome to 940 Harlem Avenue. This property features 3 separate units, which is a great investment to generate cash flow. Each unit is a one bed and one bath with full kitchen. One of the units are already rented with tenant's on a month to month lease. The 3rd floor unit has new paint and flooring and is ready for a new tenant. Currently bringing in $800 month!
Photos in the listing are of the 3rd unit.

Last Agent to Sell the Property

Tori Kautz

Allfirst Realty, Inc. License #664962 Listed on: 09/07/2023

Last Buyer's Agent

Melissa Glaude

ExecuHome Realty License #5014295

ExecuHome Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $732

Year Built

  • Built in 1920

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 033
  • Assessor Parcel Number 0316150104 033

Community Details

Overview

  • 3 Units
  • 3-Story Building

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$732

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-09-09
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 940 Harlem Avenue. This property features 3 separate units, which is a great investment to generate cash flow. Each unit is a one bed and one bath with full kitchen. One of the units are already rented with tenant's on a month to month lease. The 3rd floor unit has new paint and flooring and is ready for a new tenant. Currently bringing in $800 month! Photos in the listing are of the 3rd unit.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 940

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: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock, Smoke Detector
  • 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 Units: Square Feet
  • Lot Sq Ft: 0.04
  • Year Assessed: 2023
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Units Furnished: All
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 732.00
  • Assessor Parcel Number: 0316150104 033
  • Tax Lot: 033
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 12/22/2023

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2024
Sold by
Top Notch Investments Llc
Bought by
Rh2 Capital Llc
Current Estimated Value
$1,173,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 7, 2023
Closed on
Dec 22, 2023
Sold by
Ford Sir Leslie and Ford Yanet
Bought by
Top Notch Investments Llc
Seller's Agent
Tori Kautz
Allfirst Realty, Inc.
Buyer's Agent
Melissa Glaude
ExecuHome Realty
List Price
$185,000
Sold Price
$135,000
Premium/Discount to List
-$50,000
-27.03%
Views
84

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
259.42%
Original Mortgage
$203,599
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2020
Closed on
Nov 6, 2020
Sold by
Maloney David Douglas
Bought by
Ford Sir Leslie and Ford Yanet
Seller's Agent
Ellis Agurs
Taylor Properties
Buyer's Agent
Christopher Chambers
Samson Properties
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.31%
Original Mortgage
$147,283
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 12, 2018
Closed on
Sep 7, 2018
Sold by
Markowicz David
Bought by
Maloney David D
Seller's Agent
Frank Godfrey
Keller Williams Preferred Properties
Buyer's Agent
Teal Clise
EXP Realty, LLC
List Price
$100,000
Sold Price
$105,500
Premium/Discount to List
$5,500
5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.78%
Original Mortgage
$103,588
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 2006
Sold by
Great Investments Llc
Bought by
Markowicz Jeffrey

Purchase Details

Closed on
Jan 24, 2005
Sold by
King Lawrence W
Bought by
Great Investments Llc
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
Rh2 Capital Llc $1,130,000 Fidelity National Title
Rh2 Capital Llc $1,130,000 Fidelity National Title
Top Notch Investments Llc $135,000 None Listed On Document
Ford Sir Leslie $150,000 Atg Title Inc
Maloney David D $105,500 Newcastle Title Co
Markowicz Jeffrey $84,000 --
Great Investments Llc $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rh2 Capital Llc $311,250
Previous Owner Top Notch Investments Llc $203,599
Previous Owner Ford Sir Leslie $147,283
Previous Owner Maloney David D $103,588
Previous Owner Markowicz Jeffrey N $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $135,000 -27.0% --
11/15/2023 11/15/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $185,000 +23.3% --
11/06/2020 11/06/20 Sold $150,000 0.0% --
09/24/2020 09/24/20 Pending -- -- --
09/19/2020 09/19/20 For Sale $150,000 +42.2% --
09/14/2018 09/14/18 Sold $105,500 +5.5% --
07/18/2018 07/18/18 Pending -- -- --
07/12/2018 07/12/18 For Sale $100,000 -- --
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 $1,769 $112,667 -- --
2024 $1,769 $75,333 $0 $0
2023 $893 $38,000 $7,000 $31,000
2022 $732 $31,000 $0 $0
2021 $566 $24,000 $0 $0
2020 $401 $17,000 $4,000 $13,000
2019 $399 $17,000 $4,000 $13,000
2018 $401 $17,000 $4,000 $13,000
2017 $71 $3,000 $0 $0
2016 $450 $3,000 $0 $0
2015 $450 $3,000 $0 $0
2014 $450 $19,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tori Kautz

    Seller's Agent in 2023

    Tori Kautz

    Allfirst Realty, Inc.

    (443) 370-2483

    1 in this area

    60 Total Sales

    Tori Kautz
    Section Image
  • Melissa Glaude

    Buyer's Agent in 2023

    Melissa Glaude

    ExecuHome Realty

    (667) 802-1775

    1 in this area

    23 Total Sales

    Melissa Glaude
    Section Image

  • E

    Seller's Agent in 2020

    Ellis Agurs

    Taylor Properties

    (202) 997-7330

    1 in this area

    15 Total Sales

    Ellis Agurs
    Section Image
  • Christopher Chambers

    Buyer's Agent in 2020

    Christopher Chambers

    Samson Properties

    (301) 775-4710

    1 in this area

    181 Total Sales

    Christopher Chambers
    Section Image

  • F

    Seller's Agent in 2018

    Frank Godfrey

    Keller Williams Preferred Properties

    34 Total Sales

    Frank Godfrey
    Section Image
  • Teal Clise

    Buyer's Agent in 2018

    Teal Clise

    EXP Realty, LLC

    (443) 570-3931

    266 Total Sales

    Teal Clise
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDBA2098218

Bright MLS

APN: 0104-033

Maryland Baltimore City County Baltimore 21217 Harlem Park

940 Harlem Ave, Baltimore, MD

This home is located at 940 Harlem Ave, Baltimore, MD 21217 since 07 September 2023 and is currently estimated at $1,173,000. This property was built in 1920. 940 Harlem Ave is a home located in Baltimore City with nearby schools including Booker T. Washington Middle School, Frederick Douglass High School, and Paul Laurence Dunbar Community High School.

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