6 months on rocket

2502 W Fairmount Ave, Baltimore, MD, 21223

$110,500

Home List Price

$1,312*

Closing Credit

3 Bedrooms
1 Full Bath
1,344 SqFt
$82/SqFt
Townhouse

Location

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2502 W Fairmount Ave, Baltimore$110,500

Buyer Closing Credits

$1,312*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOn Street
Year Built1915
HeatingOther
CoolingOther
BasementYes
MLS #MDBA2128536
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 2502 W Fairmount Ave

Turnkey Rental Property!!!! Explore a fantastic opportunity in the Shipley Hill district of Baltimore. This single-family rowhome with three bedrooms and one bathroom is currently occupied by a good-standing tenant (monthly rent excluding utilities $840). Situated near Union Square Park and Leon Day Park. Rental rates for renovated apartments in the vicinity typically range from $1,200 to $1,400. Recent sales of renovated homes in the same area include: 1333 James St sold for $177,000. 1906 Mchenry St for $160,000. Kindly request that you provide proof of funds for showing access, property sold as-is including L&I. Opportunity is knocking! Book your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1915
  • Stories: 2
  • Living Area: 1,344 SqFt

Listing Office:

  • Office Name: Keller Williams Main Line
  • Office Phone: (610) 520-0100
  • Listing Agent: Michael John Fiteni

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: Between W Fayette St and W Baltimore St

Municipality:

  • Baltimore City

Price Information

Listing Price Info

Price Summary:

  • List Price: $110,500
  • Price Per SqFt: $82/SqFt

Tax Information:

  • Annual Amount: $708
  • Tax Year: 2021
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Housing Market Comparison

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

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Baltimore, MD

City

Med. Sold Price

$225.7K

Med. Price/SqFt

$162

Avg. Days On Market

36

# of Sold Homes

553

2502 W Fairmount Ave vs Baltimore

188 DAYS ON ROCKET

+152 Days

$110,500

-$115.2K Less

$82/SqFt

-$81 Less

KEY TAKEAWAY

This property is $115.2K less than the Median Sold Price and $81/SqFt less than other homes in Baltimore, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDBA2128536

Listing Office:

  • Office Name: Keller Williams Main Line
  • Office Phone: (610) 520-0100
  • Listing Agent: Michael John Fiteni

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: 12/18/2024, 7:20:58 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

Jan 29, 2020Home Sold
$44,800
Jan 29, 2020Home Sold
$25,800

Tax History

YEARPROP. TAXASSESSMENT
2021$708$38,400
2020$708$30,000
2019$704$30,000
2018$708$30,000
2017$708$30,000

History based on county public records data.

Payment Calculator

$619

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$398

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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-4453068
1
/10

  • Mary Ann Winterling Elementary School at Bentalou

  • 220 N Bentalou St

  • 0.26 miles

  • Public District Grades PK-5

school-card-donut-4453069
1
/10

  • Frederick Elementary School

  • 2501 Frederick Ave

  • 0.43 miles

  • Public Charter Grades PK-5

school-card-donut-4453070
1
/10

  • Steuart Hill Academic Academy

  • 30 S Gilmor St

  • 0.76 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,054. The majority of Baltimore, MD residents have income less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2502 W Fairmount Ave

What is the listing price of this property?

The listing price of 2502 W Fairmount Ave property is $110,500.

What type of property is this?

The property 2502 W Fairmount Ave is a townhouse located in Baltimore, Maryland, 21223.

Is this property for sale now?

Active Listing: 2502 W Fairmount Ave 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 $708 (source: MLS/based on county public records data).

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

The last sale was on January 29, 2020 for $44,800. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2502 W Fairmount Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2502 W Fairmount Ave is 1,344 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2502 W Fairmount Ave is 1915.

Rocket Homes›Maryland›Baltimore›21223›2502 W Fairmount Ave

This home is located at 2502 W Fairmount Ave in Baltimore, MD and zip code 21223 in the Southwest neighborhood. This 1,344 square foot home, which was built in 1915, sits on a 0.03 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $110,500.

In November 2024, from all listings sold in Baltimore, MD there were more than 197 sold above asking price, over 205 sold below and more than 151 were sold right at the asked price. The inventory of homes for sale in Baltimore, MD between October 2024 and November 2024 increased by 4.6%. In November 2024 median list price was $225,730 and the average listing age was 36 days.

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

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