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Sold for $500,000
  • $500,000

    1502 W Mount Royal Ave, Baltimore, MD 21217

    9beds
    --baths
    3,978sqft
    Townhouse
    Built in 1880
    -- sqft lot
    $652,700 Zestimate®
    $126/sqft
    $1,979 Estimated rent

    Home value

    $652,700

    $574,000 - $738,000

    $1,979/mo

    Zestimate® history
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    What's special

    Amtrak to phillyModern kitchensProximity to penn stationMarc train to dcCommon area electricLight rail to bwi
    BEST & FINAL OFFERS DUE BY 5PM ON 12/26. Welcome to 1502 Mt Royal Ave, a distinguished three-unit apartment building situated in the picturesque neighborhood of Bolton Hill. This property offers an outstanding opportunity for investors or owner-occupants seeking a prime real estate investment in a desirable location. The first floor apartment is a 1 - 2 bedroom unit depending on how tenant wants to configure it. The second and third floor apartments have two - three bedrooms depending on configuration. Modern kitchens, and baths, providing comfortable and contemporary living spaces. Formerly utilized as dorm housing for MICA students, this property offers versatile potential for various residential uses. The property comes with two parking spaces and a backyard. There are no rent rolls, P&L etc. This was a dorm for MICA. All the units are separately metered for gas and electric, and a public meter for common area electric. Nestled in Bolton Hill, residents will appreciate the easy access to a variety of amenities, including cafes, restaurants, and parks. The proximity to Penn Station provides convenient transportation options, including the MARC Train to DC, Amtrak to Philly or NYC, and the Light Rail to BWI, enhancing the connectivity of the neighborhood. This desirable neighborhood offers a perfect blend of urban convenience and community charm, creating an appealing living environment for all. Whether you're considering it as an investment opportunity or a new place to call home, 1502 Mt Royal Ave presents endless possibilities for investors and potential owner-occupants looking to offset their monthly expenses. The property is located in a CHAP Historic District and it is subject to the Midtown Special Benefits District Surcharge Tax. Buyer to verify zoning with Baltimore City. There is no past rent roll for this property. It was a dormitory for MICA students. Property is delivered vacant, with no tenants. Don't miss the chance to explore the potential of this exceptional property in Bolton Hill. Schedule a showing today and discover the allure of 1502 Mt Royal Ave.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica Dailey 443-838-8204,

    Compass

    Bought with:

    Rachael Altemose, 577972

    Monument Sotheby's International Realty

    Source: Bright MLS,MLS#: MDBA2107522MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    Basement
    • Area: 1354
    Heating
    • Radiator, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 5,332
    • Total interior livable area: 3,978 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 0314010369 021
    • Zoning: R-8
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Townhouse
    Materials
    • Brick
    • Foundation: Brick/Mortar
    Condition
    • New construction: No
    • Year built: 1880

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Bolton Hill Historic District
    Location
    • Region: Baltimore
    • Municipality: Baltimore City

    Financial & listing details

    • Price per square foot: $126/sqft
    • Tax assessed value: $417,600
    • Annual tax amount: $8,937
    • Date on market: 12/20/2023
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Ground Rent

    Price history

    DateEventPrice
    1/24/2024Sold$500,000+5.3%$126/sqft
    Source: Bright MLS #MDBA2107522 Report a problem
    1/19/2024Pending sale$475,000$119/sqft
    Source: Bright MLS #MDBA2107522 Report a problem
    12/27/2023Contingent$475,000$119/sqft
    Source: Bright MLS #MDBA2107522 Report a problem
    12/20/2023Listed for sale$475,000$119/sqft
    Source: Bright MLS #MDBA2107522 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $495,400 +8.5%
    2024$10,773 +9.3%$456,500 +9.3%
    2023$9,855 +10.3%$417,600 +10.3%
    2022$8,937 +0.9%$378,700 +0.9%
    2021$8,860 +0.9%$375,433 +0.9%
    2020$8,783 +0.9%$372,167 +0.9%
    2019$8,706 $368,900
    2018$8,706 $368,900
    2017$8,706 $368,900 -6.8%
    2016-- $395,800 +3%
    2015-- $384,333 +3.1%
    2014-- $372,867 +3.2%
    2013-- $361,400
    2012-- $361,400
    2011-- $361,400 -12.2%
    2010-- $411,490 +12.4%
    2009-- $365,950 +14.2%
    2008-- $320,410 +16.6%
    2007-- $274,870 +11.4%
    2006-- $246,666 +12.9%
    2005-- $218,463 +14.8%
    2004-- $190,260 +14.8%
    2003-- $165,800 +17.3%
    2002-- $141,340 +20.9%
    2001-- $116,880
    Find assessor info on the county website

    Neighborhood: Bolton Hill

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Mount Royal Elementary-middle School
    • District: Baltimore City Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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