1 year on rocket

503 W Lexington St, Baltimore, MD, 21201

$315,000

Home List Price

$3,741*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
1,534 SqFt
$205/SqFt
Townhouse

Location

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503 W Lexington St, Baltimore$315,000

Buyer Closing Credits

$3,741*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOn Street, Parking Lot, Other
Year Built1900
HeatingForced Air, Heat Pump
CoolingCentral Air, Heat Pump
BasementYes
MLS #MDBA2078664
Lot Size0.01 Acres
StatusActive
(ACTIVE)

About 503 W Lexington St

Property is a mixed-use 3-story building containing 1806 SF of finished space, plus approx. 602 SF of unfinished basement for storage, accessible by stairs from the 1st floor. It is located in the Downtown Baltimore Enterprise Zone (zoned C-5-DC), across the street from the new Lexington Market, 2 blocks from the Hippodrome Theater, UM Law School, UM Medical Center, 8 blocks from Convention Center, Camden Yards, less than a mile from Inner Harbor and all the fabulous amenities downtown has to offer. Both units recently renovated – new central air, updated electrical systems and plumbing, and new roof. The 1st floor (602 SF) is storefront retail/office and has new vinyl plank floor, new drop ceiling and ADA bathroom. The loft (1204 SF) has a separate entrance, is comprised of the 2nd and 3rd floors, has 12' ceilings, exposed brick, hardwood floors, new Low-E soundproof windows, recessed lighting, wood veneer cabinets in kitchen with dove tail-drawers and soft-close drawers and doors, SS appliances (refrigerator and D/W recently replaced). Stairs from the street lead to an open area with living room, dining area, eat-in kitchen and laundry closet. A second set of steps lead to a landing, then a large, open bedroom with closet and bathroom. Both units are currently rented under mo-to-mo leases at $1,350/month for retail and $1,500/month for loft. Parking garage across the street at $90/month.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1900
  • Living Area: 1,534 SqFt

Listing Office:

  • Office Name: Save 6, Incorporated
  • Office Phone: (301) 355-6104
  • Listing Agent: Lawrence M. Lessin

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Dryer, Ice Maker, Oven, Gas Range, Refrigerator, Stainless Steel Appliances, Washer, Washer/Dryer Stacked, Tankless Water Heater
  • Basement: Yes
  • Interior: Dining Area, Floor Plan - Open, Kitchen - Eat-In, Pantry, Recessed Lighting, Upgraded Countertops, Window Treatments, Wood Floors

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Exterior Lighting

Parking Information:

  • Parking: On Street, Parking Lot, Other

Lot Features

Lot Information:

  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump
  • Cooling: Central Air, Heat Pump

Other

Directions Information:

  • Directions: Located at 503 W Lexington St

Municipality:

  • Baltimore City

Price Information

Listing Price Info

Price Summary:

  • List Price: $315,000
  • Price Per SqFt: $205/SqFt

Tax Information:

  • Annual Amount: $1,720
  • 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

503 W Lexington St vs Baltimore

643 DAYS ON ROCKET

+607 Days

$315,000

+$89.2K More

$205/SqFt

+$42 More

KEY TAKEAWAY

This property is $89.2K more than the Median Sold Price and $42/SqFt more than other homes in Baltimore, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDBA2078664

Listing Office:

  • Office Name: Save 6, Incorporated
  • Office Phone: (301) 355-6104
  • Listing Agent: Lawrence M. Lessin

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, 3:20:59 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

Mar 06, 2020Home Sold
$152,250
Jul 13, 2005Home Sold
$252,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,720$64,300
2020$1,517$64,300
2019$1,510$64,300
2018$1,720$72,900
2017$1,639$69,433

History based on county public records data.

Payment Calculator

$1,640

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,011

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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-4370764
1
/10

  • The Historic Samuel Coleridge-Taylor Elementary School

  • 507 W Preston St

  • 0.54 miles

  • Public District Grades PK-5

school-card-donut-4370765
2
/10

  • Furman Templeton Preparatory Academy

  • 1200 Pennsylvania Ave

  • 0.71 miles

  • Public Charter Grades PK-5

school-card-donut-4370766
2
/10

  • George Washington Elementary School

  • 800 Scott St

  • 0.78 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 $16,983. The majority of Baltimore, MD residents have income less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 503 W Lexington St

What is the listing price of this property?

The listing price of 503 W Lexington St property is $315,000.

What type of property is this?

The property 503 W Lexington St is a townhouse located in Baltimore, Maryland, 21201.

Is this property for sale now?

Active Listing: 503 W Lexington 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 $1,720 (source: MLS/based on county public records data).

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

The last sale was on March 6, 2020 for $152,250. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 503 W Lexington St has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 503 W Lexington St is 1,534 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 503 W Lexington St is 1900.

Rocket Homes›Maryland›Baltimore›21201›503 W Lexington St

This home is located at 503 W Lexington St in Baltimore, MD and zip code 21201 in the Central neighborhood. This 1,534 square foot home, which was built in 1900, sits on a 0.01 acre lot. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since March 15, 2023 and is currently priced at $315,000.

While more than 197 listings in Baltimore, MD in November 2024 were sold above asking price, there were more than 151 listings sold at asking price, and more than 205 were sold below. The number of homes for sale in Baltimore, MD increased by 4.6% between October 2024 and November 2024. In November 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $225,730.

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

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