$530,000
SOLD AUG 28, 2023

4606 Ridge Ave Halethorpe, MD 21227

-- Bed
-- Bath
3,374 Sq Ft
0.29 Acres

Recently Sold

$157 Per Sq Ft

6% Above List Price

4 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Double Pane Windows
  • Deck
  • Circular Driveway
  • Paneling

About This Home

As of August 2023

Four unit building with all units rented to long-term tenants all of whom would like to stay. This building has been very profitable with good payment histories. Main level: Front facing - 2BR/1BA unit with galley kitchen, LR ($900/mo). Main level: Side facing 2BR/1BA unit with LR, DR, Eat-in Kitchen, covered entry porch and rear deck ($1000/mo). Upper level North side facing 1BR/1BA small unit with LR, KT ($875/mo). Upper level South side facing 1BR/1BA unit with galley kitchen, LR and stairs to attic ($1000/mo). The building has a deck on the South side and an unfinished bsmt with storage and washer/dryer. Units separately metered for elec and gas. Owner pays water/sewer, electric for common area and gas for furnace/water heater. Building has parking lot and circular driveway. Roof and gas boiler replaced in 2012. Blocks to Marc station, near Route 1 and 695.

Last Agent to Sell the Property

Jim Hanes

Iron Valley Real Estate Charm City License #311472

Last Buyer's Agent

David Alvarado

Fairfax Realty Premier License #659462

Fairfax Realty Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,949

Year Built

  • Built in 1915

Lot Details

  • 0.29 Acre Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Colonial Architecture
  • Block Foundation
  • Stone Foundation
  • Plaster Walls
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Paneling
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Gas Oven or Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Circular Driveway
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Radiator
  • Above Ground Utilities
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for accounting/legal, advertising/licenses and permits, common area maintenance, gas, management, pest control, repairs, sewer, real estate taxes, water
  • Tax Lot 227
  • Assessor Parcel Number 04131310250172

Community Details

Overview

  • 4 Units
  • 4-Story Building
  • Halethorpe Subdivision

Building Details

  • Maintenance Expense $549
  • Manager Expense $3,396
  • Operating Expense $3,283

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,949

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Any personal property belonging to Tenants
  • New Construction: No
  • Expected On Market: 2023-08-01
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Refrigerator, Oven/Range - Gas
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Carpet
  • Window Features: Double Pane, Vinyl Clad
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls, Paneled Walls, Dry Wall
  • Foundation Details: Block, Stone
  • Basement: Yes
  • Basement Type: Full, Unfinished, Walkout Stairs
  • Total Sq Ft: 4758
  • Living Area Sq Ft: 3374
  • Price Per Sq Ft: 148.19
  • Above Grade Finished Sq Ft: 3374
  • Below Grade Sq Ft: 1384
  • Total Below Grade Sq Ft: 1384
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4606

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Circular Driveway, Paved Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 6

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Monthly Average Electric: 223
  • Previous Twelve Months Electric Expense: 2681.00
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Above Ground
  • Monthly Water Average: 28
  • Water Previous Twelve Months: 337.00
  • Water Source: Public

Condo/Co-op/Association

  • Professional Management Expense: 3396.00
  • Association Recreation Fee: No

Schools

  • School District: BALTIMORE COUNTY PUBLIC SCHOOLS
  • School District Key: 121140087473
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.29
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12500.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Average
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL 04
  • In City Limits: No

Rental Info

  • Existing Lease Type: Month To Month, Long Term
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Owner Pays: Accounting/Legal, Advertising/Licenses And Permits, Common Area Maintenance, Gas, Management, Pest Control, Repairs, Sewer, Taxes - Real Estate, Water
  • Rent Control: No
  • Total Actual Rent: 45300.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4949.00
  • Assessor Parcel Number: 04131310250172
  • Tax Lot: 227
  • Tax Total Finished Sq Ft: 3374
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 08/28/2023

Multi Family

  • Gross Income: 45300.00
  • Operating Expense: 3283.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: BALTIMORE COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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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
04/17/2025 04/17/25 For Sale $600,000 +13.2% $178 / Sq Ft
08/28/2023 08/28/23 Sold $530,000 +6.0% $157 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $500,000 +88.7% $148 / Sq Ft
03/16/2012 03/16/12 Sold $265,000 -17.2% $79 / Sq Ft
02/22/2012 02/22/12 Pending -- -- --
02/09/2012 02/09/12 For Sale $319,900 0.0% $95 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
01/24/2012 01/24/12 Price Changed $319,900 -7.0% $95 / Sq Ft
11/23/2011 11/23/11 For Sale $343,900 -- $102 / 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 $5,262 $346,100 $70,600 $275,500
2023 $5,473 $325,533 $0 $0
2022 $4,915 $304,967 $0 $0
2021 $4,145 $284,400 $70,600 $213,800
2020 $4,145 $273,200 $0 $0
2019 $3,967 $262,000 $0 $0
2018 $3,910 $250,800 $70,600 $180,200
2017 $3,776 $245,200 $0 $0
2016 $4,641 $239,600 $0 $0
2015 $4,641 $234,000 $0 $0
2014 $4,641 $234,000 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $397,500 New Conventional
Previous Owner $198,750 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $530,000 Universal Title
Deed $130,000 --
Source: Public Records

Source: Bright MLS

MLS Number: MDBC2073016

Bright MLS

APN: 13-1310250172