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4847 Melbourne Rd, Baltimore, MD, 21229

$160,000

Home List Price

$1,900*

Closing Credit

2 Bedrooms
1 Full Bath
1,120 SqFt
$143/SqFt
Townhouse

Location

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4847 Melbourne Rd, Baltimore$160,000

Buyer Closing Credits

$1,900*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTownhouse
ParkingOn Street
Year Built1965
HeatingCentral
CoolingCentral Air
BasementYes
MLS #MDBA2142716
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 4847 Melbourne Rd

Welcome to your next real estate investment opportunity in the desirable Beechfield neighborhood! This cozy 2-bedroom, 1-bathroom home is not only a comfortable residence but also a fantastic income generator with a reliable paying tenant in occupancy. NEW ROOF INSTALLED 12/2023. Nestled in the heart of the sought-after Beechfield area, this property offers convenience and accessibility. Nearby parks, shopping, dining, and schools make it a perfect choice for both homeowners and investors. Buyer is responsible to verify any and all ground rent! TENANT CONVEYS WITH PROPERTY: A great advantage for investors, this property currently boasts a responsible tenant who is already contributing to your cash flow. No need to search for a tenant as there is already one in place on a reliable housing voucher program. Kitchen: The kitchen comes equipped with essential appliances and offers plenty of cabinet and counter space for all your culinary needs. Living and Dining Area: The open-concept living and dining area is perfect for gatherings and day-to-day living. It offers a warm and inviting atmosphere for both tenants and future homeowners. Outdoor Space: Enjoy outdoor living in the spacious backyard, perfect for barbecues, gardening, or simply relaxing on a sunny day. Investment Potential: This property offers excellent rental income potential in an area with strong demand. Whether you plan to continue leasing to the current tenant or explore new rental opportunities, this home is an investment you won't want to miss. This opportunity won't last long. Schedule a viewing today and explore the potential this property has to offer! Please TEXT listing agent (240-565-7498) to set up an appointment to see property. There is a tenant in place and needs to be notified ahead of time, thank you!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1965
  • Stories: 2
  • Living Area: 1,120 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 860-7369
  • Listing Agent: Ademola Akisanya

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Baltimore City

Price Information

Listing Price Info

Price Summary:

  • List Price: $160,000
  • Price Per SqFt: $143/SqFt

Tax Information:

  • Annual Amount: $2,535
  • 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

4847 Melbourne Rd vs Baltimore

36 DAYS ON ROCKET

-4 Days

$160,000

-$64.9K Less

$143/SqFt

-$20 Less

KEY TAKEAWAY

This property is $64.9K less than the Median Sold Price and $20/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: #MDBA2142716

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 860-7369
  • Listing Agent: Ademola Akisanya

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: 11/21/2024, 3:20:57 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

Jun 20, 2003Home Sold
$68,900

Tax History

YEARPROP. TAXASSESSMENT
2021$2,535$108,800
2020$2,329$107,400
2019$2,317$107,400
2018$2,354$107,400
2017$2,311$113,200

History based on county public records data.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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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-332477
7
/10
  • Catonsville Elementary School

  • 106 Bloomsbury Ave

  • 1.70 miles

  • Public District Grades PK-5

school-card-donut-332478
6
/10
  • Arbutus Elementary School

  • 1300 Sulphur Spring Rd

  • 1.74 miles

  • Public District Grades PK-5

school-card-donut-332479
1
/10
  • Lyndhurst Elementary School

  • 621 Wildwood Pkwy

  • 1.74 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,902. 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 high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4847 Melbourne Rd

What is the listing price of this property?

The listing price of 4847 Melbourne Rd property is $160,000.

What type of property is this?

The property 4847 Melbourne Rd is a townhouse located in Baltimore, Maryland, 21229.

Is this property for sale now?

Active Listing: 4847 Melbourne Rd 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 $2,535 (source: MLS/based on county public records data).

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

The last sale was on June 20, 2003 for $68,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4847 Melbourne Rd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 4847 Melbourne Rd is 1,120 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4847 Melbourne Rd is 1965.

Rocket Homes›Maryland›Baltimore›21229›4847 Melbourne Rd

This home is located at 4847 Melbourne Rd in Baltimore, MD and zip code 21229 in the Southwest neighborhood. This 1,120 square foot home, which was built in 1965, sits on a 0.04 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $160,000.

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%. In October 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $224,997.

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

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