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Sold for $150,000
  • Tax assessed value
    $150,000

    502 N Collington Ave, Baltimore, MD 21205

    2beds
    --sqft
    Townhouse
    Built in 1920
    845 Square Feet Lot
    $141,000 Zestimate®
    $--/sqft
    $1,655 Estimated rent

    Home value

    $141,000

    $120,000 - $161,000

    $1,655/mo

    Zestimate® history
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    Owner options

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    $1,655/mo

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    $1,655/mo

    Rent Zestimate®

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    $817/mo

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    $817/mo

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    What's special

    Discover this meticulously maintained 2-bedroom, 1-bathroom gem, nestled in a prime location, walking distance to Johns Hopkins University (JHU) Medical Center. With a current month-to-month HCVP tenant in place, generating a robust annual cash flow of nearly $16,000, this property offers a golden investment opportunity. The well-crafted interior boasts comfortable living spaces flooded with natural light, providing tenants with a cozy haven to call home. Featuring a tastefully designed layout, this property not only aligns with the 1% rule but also holds the potential for increased rent through a pending request with HCVP. The current tenant's stability and the promising future rental prospects make this a winning deal for savvy investors seeking a reliable income stream. However, the property can be delivered vacant with enough notice (60 days) given and this could be a new home for an owner-occupier. Moreover, this property presents an exciting opportunity for those considering a larger investment venture. Its strategic location and solid financial performance make it a prime candidate for a portfolio expansion. Don't miss out on the chance to acquire a turnkey investment that combines effortless management with substantial returns. **ASK US OR YOUR AGENT ABOUT A SECOND VACANT UNIT COMING AVAILABLE AFTER RENOVATIONS ON THE SAME STREET. SELLER IS ONLY LIQUIDATING THESE ASSETS TO ACQUIRE OTHERS.**

    Zillow last checked:

    Listing updated:

    Listed by:

    Garet Turner 202-441-2362,

    EXP Realty, LLC

    Bought with:

    Rupert Andanar, 607019

    Next Step Realty

    Source: Bright MLS,MLS#: MDBA2091836MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Water Heater
    • Laundry: Hookup, In Basement
    Features
    • Flooring: Vinyl
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 0
    • Finished area above ground: 0
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three
    • Stories: 3
    • Patio & porch: Patio
    • Pool features: None
    Lot
    • Size: 845 sqft
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 0307141652 015
    • Zoning: R-8
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Federal
    • Property subtype: Townhouse
    Materials
    • Composition, Stucco
    • Foundation: Slab
    Condition
    • Good
    • New construction: No
    • Year built: 1920
    • Major remodel year: 2017

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Baltimore
    • Subdivision: Middle East
    • Municipality: Baltimore City

    HOA & financial

    Other financial information
    • Total actual rent: 15972

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Listing terms: Conventional,1031 Exchange,Cash
    • Ownership: Ground Rent

    Price history

    DateEventPrice
    3/11/2024Sold$150,000
    Source: Public Record Report a problem
    11/29/2023Sold$150,000
    Source: Bright MLS #MDBA2091836 Report a problem
    11/15/2023Contingent$150,000
    Source: Bright MLS #MDBA2091836 Report a problem
    8/26/2023Listed for sale$150,000+11.2%
    Source: Bright MLS #MDBA2091836 Report a problem
    2/11/2022Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    12/1/2021Sold$134,900
    Source: Public Record Report a problem
    12/1/2021Listed for rent$1,400+16.7%
    Source: Zillow Rental Network_1 Report a problem
    9/1/2021Sold$134,900
    Source: Bright MLS #MDBA546116 Report a problem
    7/9/2021Pending sale$134,900
    Source: Bright MLS #MDBA546116 Report a problem
    7/2/2021Price change$134,900-1.5%
    Source: Bright MLS #MDBA546116 Report a problem
    6/26/2021Listed for sale$136,900+1.5%
    Source: Bright MLS #MDBA546116 Report a problem
    6/24/2021Contingent$134,900+3.8%
    Source: Bright MLS #MDBA546116 Report a problem
    5/17/2021Pending sale$129,900
    Source: Bright MLS #MDBA546116 Report a problem
    5/11/2021Price change$129,900-3.7%
    Source: Bright MLS #MDBA546116 Report a problem
    4/30/2021Price change$134,900-3.6%
    Source: Bright MLS #MDBA546116 Report a problem
    4/21/2021Price change$139,900-6.7%
    Source: Bright MLS #MDBA546116 Report a problem
    4/12/2021Price change$149,900-9.2%
    Source: Bright MLS #MDBA546116 Report a problem
    4/7/2021Listed for sale$165,000+266.7%
    Source: Bright MLS #MDBA546116 Report a problem
    2/23/2019Listing removed$45,000
    Source: Taylor Properties #MDBA436198 Report a problem
    2/15/2019Listed for sale$45,000
    Source: Taylor Properties #MDBA436198 Report a problem
    7/2/2012Listing removed$1,200
    Source: SKYLINE PROPERTIES Report a problem
    6/29/2012Listed for rent$1,200
    Source: SKYLINE PROPERTIES Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $150,000 +36.4%
    2024$2,596 +57.1%$110,000 +57.1%
    2023$1,652 +133.3%$70,000 +133.3%
    2022$708 +28.6%$30,000 +28.6%
    2021$551 -17.7%$23,333 -17.7%
    2020$669 +183.7%$28,367 +183.7%
    2019$236 -67.7%$10,000 -67.7%
    2018$732 +10.7%$31,000 +10.7%
    2017$661 +11.6%$28,000 +12%
    2016$592 $25,000
    2015$592 $25,000 -12.8%
    2014$592 $28,667 +14.7%
    2013-- $25,000
    2012-- $25,000
    2011-- $25,000 -64.4%
    2010-- $70,200 +39.1%
    2009-- $50,466 +64.2%
    2008-- $30,733 +179.4%
    2007-- $11,000
    2006-- $11,000
    2005-- $11,000 -8.3%
    2004-- $12,000
    2003-- $12,000
    2002-- $12,000 -42.9%
    2001-- $21,000

    Find assessor info on the county website

    Neighborhood: Middle East

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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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