1700 Madison Ave Baltimore, MD 21217
Madison Park Neighborhood
--
Bed
--
Bath
7,560
Sq Ft
2,962
Sq Ft Lot
Highlights
- Federal Architecture
- Heating Available
- 3-minute walk to Wilson and Etting Park
About This Home
As of May 2024The property has 6 residential units and one retail space.
No tenants at the moment.
Diverse unit layout: Includes 4 two-bedroom, one-bathroom apartments, 1 one-bedroom unit, and 1 four-bedroom apartment, with potential for improvement.
Commercial spaces: The first is ideal for a deli or take-out shop, while the second suits a church or community center.
Multiple income streams: Combined residential and commercial units ensure stable cash flow.
Ample street parking and easy access to transportation routes.
The mixed-use 7-unit property located at 1700 Madison in the 21217 zip code, near MICA (Maryland Institute College of Art),
presents an excellent investment opportunity for those looking to expand their real estate portfolio. The property is comprised
of both residential and commercial units, allowing for multiple streams of income. MICA alumni, known for their creativity and
success, contribute to the vibrant community surrounding this property.
The vacant units provide significant potential for increased revenue through renovation and leasing efforts.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Parking
- On-Street Parking
Home Design
- 7,560 Sq Ft Home
- Federal Architecture
- Traditional Architecture
- Stone Siding
Utilities
- Heating Available
- Natural Gas Water Heater
Additional Features
- Basement
Community Details
- Madison Park Historic District Subdivision
Listing and Financial Details
- Tax Lot 001
- Assessor Parcel Number 0314130341 001
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2024 05/15/24 | Sold | $350,000 | -17.6% | $46 / Sq Ft |
| 01/02/2024 01/02/24 | For Sale | $425,000 | 0.0% | $56 / Sq Ft |
| 12/21/2023 12/21/23 | Pending | -- | -- | -- |
| 11/28/2023 11/28/23 | For Sale | $425,000 | +21.4% | $56 / Sq Ft |
| 11/25/2023 11/25/23 | Off Market | $350,000 | -- | -- |
| 11/13/2023 11/13/23 | For Sale | $425,000 | -- | $56 / Sq Ft |
Source: Bright MLS
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 |
|---|---|---|---|---|
| 2024 | $16,062 | $683,833 | $0 | $0 |
| 2023 | $10,205 | $434,467 | $0 | $0 |
| 2022 | $4,368 | $185,100 | $12,000 | $173,100 |
| 2021 | $3,914 | $165,867 | $0 | $0 |
| 2020 | $3,461 | $146,633 | $0 | $0 |
| 2019 | $2,992 | $127,400 | $12,000 | $115,400 |
| 2018 | $2,907 | $123,167 | $0 | $0 |
| 2017 | $2,807 | $118,933 | $0 | $0 |
| 2016 | $1,600 | $114,700 | $0 | $0 |
| 2015 | $1,600 | $114,700 | $0 | $0 |
| 2014 | $1,600 | $114,700 | $0 | $0 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $665,000 | New Conventional |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Assignment Deed | $350,000 | Fidelity National Title | |
| Assignment Deed | $350,000 | Fidelity National Title | |
| Trustee Deed | $400,000 | None Listed On Document | |
| Trustee Deed | $400,000 | None Listed On Document | |
| Deed | $950,000 | -- | |
| Deed | $950,000 | None Listed On Document | |
| Deed | $27,500 | -- | |
| Deed | $22,324 | -- | |
| Deed | $21,000 | -- |
Source: Public Records
Similar Homes in Baltimore, MD
Source: Bright MLS
MLS Number: MDBA2105486
APN: 0341-001
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