NOT LISTED FOR SALE

617 W Lexington St Baltimore, MD 21201

-- Bed
-- Bath
24,600 Sq Ft
7,623 Sq Ft Lot

Last Sold June 18, 2013

Last sale price $1,750,000 $71 Per Sq Ft

About This Home

As of June 2013

Value add sale, some deferred maintenance needed. Building is 65% leased and consists of 22 apts and 8 storefront retail spaces. The property has been substantially renovated in the last few years. New aggressive management and some additional upgrades,the property can be brought up to it's full investment potential.

Last Agent to Sell the Property

Yen Le

(240) 893-0210 Yen.le@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 03/16/2013

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Brenda Benton

(410) 262-4287 realestaeet@yahoo.com Shoreline Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,866

Year Built

  • Built in 1880 | Remodeled in 2013

Lot Details

  • 7,623 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 014
  • Assessor Parcel Number 0304070616 014

Community Details

Overview

  • No Home Owners Association
  • 22 Units

Building Details

  • Operating Expense $121,488

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,866

Year Built

Built in 1880 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1880
  • Year Renovated: 2013
  • Remarks Public: Value add sale, some deferred maintenance needed. Building is 65% leased and consists of 22 apts and 8 storefront retail spaces. The property has been substantially renovated in the last few years. New aggressive management and some additional upgrades,the property can be brought up to it's full investment potential.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: No
  • Price Per Sq Ft: 72.36
  • Street Number Modifier: 617

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: 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: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 1572500.00
  • Land Assessed Value: 190500.00
  • Lot Size Acres: 0.17
  • Lot Size Area: 7623
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7623.00
  • Year Assessed: 2012
  • Zoning: B-4-1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 235137.00
  • Metering: Fully Separate
  • Operating Expense: 121488.00
  • Vacancy Allowance Rate: 35.00

Tax Info

  • Assessor Parcel Number: 12911447
  • Tax Annual Amount: 24866.00
  • Assessor Parcel Number: 0304070616 014
  • Tax Lot: 014
  • Tax Total Finished Sq Ft: 24600
  • Close Date: 06/18/2013

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

Property History

Date Event Price Change Sq Ft Price
06/18/2013 06/18/13 Sold $1,750,000 -1.7% $71 / Sq Ft
04/19/2013 04/19/13 Pending -- -- --
03/16/2013 03/16/13 For Sale $1,780,000 -- $72 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Yen Le

    Seller's Agent in 2013

    Yen Le

    Long & Foster

    (240) 893-0210

    55 Total Sales

    Yen Le
    Section Image
  • Brenda Benton

    Buyer's Agent in 2013

    Brenda Benton

    Shoreline Properties

    (410) 262-4287

    32 Total Sales

    Brenda Benton
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003397664

Bright MLS
Maryland Baltimore City County Baltimore 21201

617 W Lexington St, Baltimore, MD

This home is located at 617 W Lexington St, Baltimore, MD 21201 since 16 March 2013. This property was built in 1880. 617 W Lexington St is a home located in Baltimore City with nearby schools including The Historic Samuel Coleridge-Taylor Elementary School, Booker T. Washington Middle School, and Paul Laurence Dunbar Community High School.

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