1 month on rocket

1040 W Franklin St, Baltimore, MD, 21223

$24,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
ViewCity
MLS #MDBA2139786
StatusActive
(ACTIVE)

About 1040 W Franklin St

**Prime Development Opportunity in Baltimore** **Location, location, location!!!!!!** There were 3 adjacent properties on this land that the city tore down. What’s left is the perfect space for your new development project! The property sits in a very popular area with breathtaking bridge views of the beautiful downtown Baltimore cityscape providing an attractive backdrop for any development. Unlock the potential of this exceptional parcel of land located in the heart of Baltimore City. Situated conveniently near major highways, public transportation, and local amenities, this land is zoned for residential use, allowing for lucrative development options. Close to Whole Foods, Harlem Park, Edgar Allen Poe House and Museum, Franklin Square, Holllins Market, and The Walters Art Museum! All necessary utilities (water, sewer, electricity) are readily available on-site. Located in a revitalizing area with strong demand for housing. With Baltimore's ongoing development initiatives and urban renewal efforts, this presents a unique opportunity for investors and developers to capitalize on the city's growth. Don't miss out on this rare chance to shape the future of Baltimore. Schedule a viewing today and explore the possibilities! Seize this opportunity to make your mark in Baltimore! Drive by and make an offer today! Offer deadline is 10/14 @11:59pm.

Property Details

Property Features

Listing Office:

  • Office Name: Smart Realty, LLC
  • Office Phone: (301) 252-5515
  • Listing Agent: Crystal M Jackson

Exterior Features

Exterior Information:

  • View: City

Other

Directions Information:

  • Directions: Waze

Municipality:

  • Baltimore City

Price Information

Listing Price Info

Price Summary:

  • List Price: $24,000

Tax Information:

  • Annual Amount: $382
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Baltimore, MD.

Med. Sold Price

$224.9K

Med. Price/SqFt

$162

Avg. Days On Market

40

# of Sold Homes

566

1040 W Franklin St vs Baltimore

57 DAYS ON ROCKET

+17 Days

$24,000

-$200.9K Less

KEY TAKEAWAY

This property is $200.9K less than the Median Sold Price in Baltimore, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDBA2139786

Listing Office:

  • Office Name: Smart Realty, LLC
  • Office Phone: (301) 252-5515
  • Listing Agent: Crystal M Jackson

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 03, 2019Home Sold
$30,000
Jun 11, 2019Home Sold
$290,492
Aug 19, 2011Home Sold
$82,191
Jan 12, 2009Home Sold
$516,010

Tax History

YEARPROP. TAXASSESSMENT
2021$382$23,467
2020$382$16,200
2019$380$16,200
2018$382$16,200
2017$850$36,000

History based on county public records data.

Payment Calculator

$187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$138

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-357217
2
/10
  • Furman Templeton Preparatory Academy

  • 1200 Pennsylvania Ave

  • 0.45 miles

  • Public Charter Grades PK-5

school-card-donut-357218
1
/10
  • The Historic Samuel Coleridge-Taylor Elementary School

  • 507 W Preston St

  • 0.58 miles

  • Public District Grades PK-5

school-card-donut-357219
1
/10
  • Steuart Hill Academic Academy

  • 30 S Gilmor St

  • 0.66 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,754. Residents of Baltimore, MD typically earn less than $35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1040 W Franklin St

What is the listing price of this property?

The listing price of 1040 W Franklin St property is $24,000.

What type of property is this?

The property 1040 W Franklin St is land located in Baltimore, Maryland, 21223.

Is this property for sale now?

Active Listing: 1040 W Franklin St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $382 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 3, 2019 for $30,000. (source: MLS/tax record).
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Rocket HomesMarylandBaltimore212231040 W Franklin St

This home is located at 1040 W Franklin St in Baltimore, MD and zip code 21223 in the Harlem Park neighborhood. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $24,000.

In October 2024 more than 198 listings in Baltimore, MD were sold above the asking price. During the same period more than 145 listings were sold at asking price, while more than 223 were sold below. Between September 2024 and October 2024, Baltimore, MD real estate market has seen increase in the number of listings by 12%. The median list price of listings available in October 2024 was $224,997, while the average time on the real estate market was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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