Seller's Agent in 2022
Cheryl Sadera
Ben Frederick Realty, Inc.
(410) 688-1348
5 in this area
74 Total Sales
3422 Chestnut Ave Baltimore, MD 21211
Hampden NeighborhoodEstimated Value: $334,000 - $338,710
--
Bed
3
Baths
1,638
Sq Ft
$205/Sq Ft
Est. Value
Highlights
- No HOA
- Central Heating
- 3-minute walk to Elm Park
About This Home
As of February 2022Price Improvement! This 3 story, end of group Hampden investment property has 2 apartments and 1 office space on the terrace level. Hampden is artsy, lively, walkable, historic, kid-friendly and commuter friendly and is one of Baltimore’s hottest neighborhoods. This property cash flows as-is, but rents are low and kitchens and baths are older – providing the opportunity to make improvements and increase rents accordingly. Tenants enjoy the ample sunlight that these east-facing end-of-group apartments offer, with fourteen above-grade windows. Sturdy finishes to the apartments make turnover a breeze. The first floor apartment kitchen has an original metal sink base with porcelain sink and a 30? gas range, and the bathroom has original claw foot tub and wall-mounted sink. The second floor apartment has an updated kitchen with Formica countertops and a stainless steel sink; this bathroom features a modern vanity and steel tub with vinyl tub surround. Kitchens and baths have vinyl tile flooring. The living areas have hardwood floors. Each apartment has a private porch off the rear.
Downstairs, in the office, glass block windows allow sunlight to filter through. This basement office has a suspended grid ceiling for easy utility maintenance to the apartments above. A half bathroom is provided for workers and guests.These apartments are separately metered for electric; public service utilities for both gas and electric are tied into the commercial basement meters. Both residential tenants reimburse the landlord for 1/3 each of the water & sewer bill for the property. Radiator heat throughout the building is supplied by a Columbia gas-fired boiler. One gas-fired GE water heater provides hot water to the units. Hampden has a WalkScore of 88 and BikeScore of 85. With a CrimeGrade of “A” it is one of Baltimore’s lowest-crime neighborhoods. Wyman Park is located to the east and Druid Hill Park located to the west. Tenants can easily access I-83, making Hampden an attractive location for commuters to both downtown Baltimore and points further north. Just a quick 250 foot walk get tenants fresh baked goods at Harmony Bakery, one of Hampden’s newer and popular restaurants. At time of sale: First floor rents at $805, second floor rents for $925. Basement delivered vacant. Residential apartments under market rents.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,642
Year Built
- Built in 1900
Lot Details
- 1,120 Sq Ft Lot
- Lot Dimensions are 14' x 80'
Home Design
- 1,638 Sq Ft Home
- Converted Dwelling
- Brick Exterior Construction
- Plaster Walls
- Tar and Gravel Roof
Utilities
- Central Heating
- Radiator
- Natural Gas Water Heater
- Municipal Trash
Listing and Financial Details
- Tax Lot 039
- Assessor Parcel Number 0313143533 039
Community Details
Overview
- No Home Owners Association
- 3 Units
- Hampden Historic District Subdivision
Building Details
- 1 Vacant Unit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 4, 2023
Sold by
Stanley S Billian Residuary Trust
Bought by
Toliver Tristan Sinclair
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Interest Rate
6.28%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 12, 1996
Sold by
Billian Stanley S
Bought by
Billian Stanley S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Toliver Tristan Sinclair | $295,000 | None Listed On Document | |
| Billian Stanley S | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Toliver Tristan Sinclair | $107,370 | |
| Previous Owner | Toliver Tristan Sinclair | $289,656 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/04/2022 02/04/22 | Sold | $295,000 | 0.0% | $180 / Sq Ft |
| 12/30/2021 12/30/21 | Pending | -- | -- | -- |
| 12/27/2021 12/27/21 | For Sale | $295,000 | 0.0% | $180 / Sq Ft |
| 12/13/2021 12/13/21 | Pending | -- | -- | -- |
| 12/07/2021 12/07/21 | Price Changed | $295,000 | -14.5% | $180 / Sq Ft |
| 10/07/2021 10/07/21 | Price Changed | $345,000 | -12.7% | $211 / Sq Ft |
| 08/09/2021 08/09/21 | For Sale | $395,000 | -- | $241 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,120 | $218,000 | $0 | $0 |
| 2023 | $4,890 | $208,200 | $0 | $0 |
| 2022 | $4,682 | $198,400 | $52,000 | $146,400 |
| 2021 | $4,642 | $196,700 | $0 | $0 |
| 2020 | $4,602 | $195,000 | $0 | $0 |
| 2019 | $4,540 | $193,300 | $52,000 | $141,300 |
| 2018 | $4,293 | $181,900 | $0 | $0 |
| 2017 | $4,024 | $170,500 | $0 | $0 |
| 2016 | $3,705 | $159,100 | $0 | $0 |
| 2015 | $3,705 | $158,200 | $0 | $0 |
| 2014 | $3,705 | $157,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cheryl Sadera
-
David Redd
D
Buyer's Agent in 2022
David Redd
Prestige Realty Group, LLC
(410) 963-0703
1 in this area
6 Total Sales
Map
Source: Bright MLS
MLS Number: MDBA2007842
APN: 3533-039
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