NOT LISTED FOR SALE

946 Brooks Ln Baltimore, MD 21217

Reservoir Hill Neighborhood

Estimated Value: $543,221 - $594,000

-- Bed
6 Baths
3,468 Sq Ft
$164/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $345,000 $99 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,562/month

10 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • Property is in very good condition
  • No HOA

About This Home

As of February 2020

Solid brick townhouse on Brooks Lane in Reservoir Hill. Consisting of three large separate units. Each unit is over 1100 sq ft and has two bedrooms with two bathrooms. Each unit has separate water and heating. separate metering for gas and electric for easy billing. Updated improvements include a 25 year rubber roof and new water heaters for each unit. Exposed brick in units with refinished hardwood flooring . Spacious kitchens . Master bedrooms with baths in each unit. Top two units have an extra 150 sq ft added to master bedrooms with total length of 20+ ft. Freshly painted. fully occupied. Current long time tenants all on month to month leases. Rents are well below market rates . Current total rental income is $2705. These units could easily bring in $1300/month each. Parking out back for two vehicles. Excellent opportunity. Call LA for more details. Rents are : 1st floor- $975 ($325 below market value ) 2nd floor- $680 ( $620 below market value ) 3rd floor- $975- ($325 below market value ) There is plenty of value here! Apartments are in very good condition. Plumbing ,HVAC and electric have all been updated in the last 5 years.

Last Agent to Sell the Property

Richard Lamkin

Cummings & Co. Realtors License #526769 Listed on: 10/31/2019

Cummings & Co. Realtors

Last Buyer's Agent

Venus Brown

Samson Properties

Samson Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,012

Year Built

  • Built in 1914

Lot Details

  • 4,356 Sq Ft Lot
  • Property is in very good condition

Home Design

  • 3,468 Sq Ft Home
  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Utilities

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

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • 3 Units
  • 4-Story Building
  • Reservoir Hill Historic District Subdivision

Listing and Financial Details

  • The owner pays for lawn/shrub care, real estate taxes
  • Tax Lot 024
  • Assessor Parcel Number 0313103463D024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,012

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants property
  • Inclusions: All appliances included
  • New Construction: No
  • Expected On Market: 2019-10-31
  • Year Built: 1914
  • Remarks Public: Solid brick townhouse on Brooks Lane in Reservoir Hill. Consisting of three large separate units. Each unit is over 1100 sq ft and has two bedrooms with two bathrooms. Each unit has separate water and heating. separate metering for gas and electric for easy billing. Updated improvements include a 25 year rubber roof and new water heaters for each unit. Exposed brick in units with refinished hardwood flooring . Spacious kitchens . Master bedrooms with baths in each unit. Top two units have an extra 150 sq ft added to master bedrooms with total length of 20+ ft. Freshly painted. fully occupied. Current long time tenants all on month to month leases. Rents are well below market rates . Current total rental income is $2705. These units could easily bring in $1300/month each. Parking out back for two vehicles. Excellent opportunity. Call LA for more details. Rents are : 1st floor- $975 ($325 below market value ) 2nd floor- $680 ( $620 below market value ) 3rd floor- $975- ($325 below market value ) There is plenty of value here! Apartments are in very good condition. Plumbing ,HVAC and electric have all been updated in the last 5 years.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3468
  • Living Area Sq Ft: 3468
  • Price Per Sq Ft: 99.48
  • Above Grade Finished Sq Ft: 3468
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 946

Exterior Features

  • Other Structures: Above Grade, Below 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
  • Open Parking Spaces Count: 2
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 115000.00
  • Land Assessed Value: 55000.00
  • Land Use Code: 003
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Property Condition: Very Good, Good
  • Year Assessed: 2019
  • Zoning: R-8
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Owner Pays: Lawn/Shrub Care, Taxes - Real Estate
  • Total Actual Rent: 32460.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12963965
  • Tax Annual Amount: 4012.00
  • Assessor Parcel Number: 0313103463D024
  • Tax Lot: 024
  • Tax Total Finished Sq Ft: 3468
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 02/14/2020

Multi Family

  • Gross Income: 32460.00

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2019
Closed on
Feb 14, 2020
Sold by
Bertuzzi Scott A
Bought by
Stanford Ronald Brent
Seller's Agent
Richard Lamkin
Cummings & Co. Realtors
Buyer's Agent
Venus Brown
Samson Properties
List Price
$345,000
Sold Price
$345,000
Current Estimated Value
$556,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,631
Avg. Annual Appreciation
8.26%
Original Mortgage
$353,500
Outstanding Balance
$314,992
Interest Rate
3.6%
Mortgage Type
Stand Alone Second
Estimated Equity
$219,290

Purchase Details

Listed on
Dec 4, 2012
Closed on
Aug 19, 2013
Sold by
Black Creek Consulting Ltd
Bought by
Bertuzzi Scott A
Seller's Agent
Sheri Hipsley
Cummings & Co. Realtors
Buyer's Agent
Richard Lamkin
Cummings & Co. Realtors
List Price
$157,500
Sold Price
$126,000
Premium/Discount to List
-$31,500
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.79%
Original Mortgage
$88,200
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2008
Sold by
American Equity Holdings
Bought by
American Equity Rentals One Llc

Purchase Details

Closed on
Dec 21, 2007
Sold by
American Equity Holdings
Bought by
American Equity Rentals One Llc

Purchase Details

Closed on
Apr 30, 2007
Sold by
Frye V Er
Bought by
American Equity Holdings

Purchase Details

Closed on
Apr 20, 2007
Sold by
Frye V Er
Bought by
American Equity Holdings and Operations, Llc.

Purchase Details

Closed on
Jan 27, 1998
Sold by
Keating Anthony L
Bought by
Frye Vander
Source: Public Records

Range of Values:

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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
Stanford Ronald Brent $345,000 Stewart Title Guaranty Co
Bertuzzi Scott A $126,000 Sage Title Group Llc
American Equity Rentals One Llc $142,990 --
American Equity Rentals One Llc $142,990 --
American Equity Holdings $155,000 --
American Equity Holdings $155,000 --
Frye Vander $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanford Ronald B $4,263
Closed Stanford Ronald B $4,263
Open Stanford Ronald Brent $353,500
Closed Stanford Ronald Brent $353,500
Previous Owner Bertuzzi Scott A $88,200
Previous Owner Frye Vander $120,000
Previous Owner Frye Vander $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $345,000 0.0% $99 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
11/04/2019 11/04/19 For Sale $345,000 0.0% $99 / Sq Ft
11/03/2019 11/03/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $345,000 +173.8% $99 / Sq Ft
08/20/2013 08/20/13 Sold $126,000 -20.0% $36 / Sq Ft
07/20/2013 07/20/13 Pending -- -- --
12/04/2012 12/04/12 For Sale $157,500 -- $45 / 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 $7,301 $372,000 $55,000 $317,000
2024 $7,301 $310,833 $0 $0
2023 $5,864 $249,667 $0 $0
2022 $4,449 $188,500 $55,000 $133,500
2021 $4,303 $182,333 $0 $0
2020 $4,158 $176,167 $0 $0
2019 $3,993 $170,000 $55,000 $115,000
2018 $3,643 $154,367 $0 $0
2017 $3,509 $148,700 $0 $0
2016 $2,449 $123,100 $0 $0
2015 $2,449 $116,533 $0 $0
2014 $2,449 $109,967 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Lamkin

    Seller's Agent in 2020

    Richard Lamkin

    Cummings & Co Realtors

    (410) 419-2615

    1 in this area

    48 Total Sales

    Section Image

  • V

    Buyer's Agent in 2020

    Venus Brown

    Samson Properties

    Section Image
  • Sheri Hipsley

    Seller's Agent in 2013

    Sheri Hipsley

    Cummings & Co Realtors

    (443) 756-5041

    119 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDBA487548

Bright MLS

APN: 3463D-024

Maryland Baltimore City County Baltimore 21217 Reservoir Hill

946 Brooks Ln, Baltimore, MD

This home is located at 946 Brooks Ln, Baltimore, MD 21217 since 31 October 2019 and is currently estimated at $568,611, approximately $163 per square foot. This property was built in 1914. 946 Brooks Ln is a home located in Baltimore City with nearby schools including John Eager Howard Elementary School, Mount Royal Elementary/Middle School, and Booker T. Washington Middle School.

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