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2617 E Fayette St, Baltimore, MD, 21224

$450,000

Home List Price

$5,344*

Closing Credit

9 Bedrooms
5 Full Baths
4,746 SqFt
$95/SqFt
Townhouse

Location

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2617 E Fayette St, Baltimore$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOn Street
Year Built1900
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #MDBA2142346
Lot Size0.07 Acres
StatusActive
(ACTIVE)

About 2617 E Fayette St

Great opportunity to live in one unit and rent the others to cover your mortgage! The property consists of three row homes 2615, 2617, & 2619 E Fayette St. The units at 2615 & 2617 E Fayette are combined where 2615 is the entire top floor of both units, and 2617 is the bottom floor of both units. Building 2615 is a 3 Bedroom 2 Bath apartment with full kitchen and living space, currently vacant and ready to rent. Building 2617 was previously used as commercial space, and has 2 adjoining bedrooms/offices, 1 bathroom, a full kitchen, and a large open space. So, there is plenty of opportunity to reconfigure as needed for either commercial or residential use, it could possibly be divided into two spaces, it is currently vacant. Building 2619 is a 4 bedroom 2 bathroom row home with a standard configuration, and this unit is rented for $1850/month and the lease expires September 2025. The roof across all three buildings were done 3 years ago, the furnace in 2619 replaced 3 years ago, the furnace in 2615 is 4 years old, new windows were installed in the basement. The sewer line for 2617 was replaced last year and the lines for 2615 have been updated to PVC within the last few years. There is 1 electric meter for all three units and 1 water bill for all three, 2615 has a separate gas meter but 2617 & 2619 share 1 gas meter. The listing price is $150K/building, which is a great value for the area. Buyer to verify potential use. Live in one unit and supplement your mortgage with the others! The possibilities with this unique property are endless.

Property Details

Property Features

Property Information:

  • Architectural Style: Federal
  • Year Built: 1900
  • Stories: 3
  • Living Area: 4,746 SqFt

Listing Office:

  • Office Name: EXIT On The Harbor Realty
  • Office Phone: (410) 913-0771
  • Listing Agent: Saul Kloper

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 9

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Baltimore City

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $95/SqFt

Tax Information:

  • Annual Amount: $2,309
  • 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

$224.9K

Med. Price/SqFt

$162

Avg. Days On Market

40

# of Sold Homes

566

2617 E Fayette St vs Baltimore

42 DAYS ON ROCKET

+2 Days

$450,000

+$225K More

$95/SqFt

-$68 Less

KEY TAKEAWAY

This property is $225K more than the Median Sold Price and $68/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: #MDBA2142346

Listing Office:

  • Office Name: EXIT On The Harbor Realty
  • Office Phone: (410) 913-0771
  • Listing Agent: Saul Kloper

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: 11/17/2024, 2:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 15, 2020Home Sold
$299,900
Dec 19, 2002Home Sold
$86,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,309$94,700
2020$2,234$94,700
2019$2,329$99,200
2018$2,309$97,833
2017$2,277$96,467

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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-468782
1
/10

  • William Paca Elementary School

  • 200 N Lakewood Ave

  • 0.08 miles

  • Public District Grades PK-5

school-card-donut-468783
2
/10

  • Wolfe Street Academy

  • 245 S Wolfe St

  • 0.70 miles

  • Public Charter Grades PK-5

school-card-donut-468784
1
/10

  • Dr. Bernard Harris, Sr. Elementary School

  • 1400 N Caroline St

  • 1.33 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 $62,955. Typical income of Baltimore, MD residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2617 E Fayette St

What is the listing price of this property?

The listing price of 2617 E Fayette St property is $450,000.

What type of property is this?

The property 2617 E Fayette St is a townhouse located in Baltimore, Maryland, 21224.

Is this property for sale now?

Active Listing: 2617 E Fayette 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 $2,309 (source: MLS/based on county public records data).

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

The last sale was on September 15, 2020 for $299,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2617 E Fayette St has 9 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 2617 E Fayette St is 4,746 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2617 E Fayette St is 1900.

Rocket Homes›Maryland›Baltimore›21224›2617 E Fayette St

This home is located at 2617 E Fayette St in Baltimore, MD and zip code 21224 in the Southeast neighborhood. This 4,746 square foot home, which was built in 1900, sits on a 0.07 acre lot. Features: 9 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 05, 2024 and is currently priced at $450,000.

Over 198 listings were sold over their listed price in October 2024 in Baltimore, MD. In the same period over 223 listings were sold below the listed price and 145 listings were sold for the listed price. The inventory of homes for sale in Baltimore, MD between September 2024 and October 2024 increased by 12%. While the average time on the market in October 2024 was 40 days, the median list price was $224,997.

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

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