3 months on rocket

521 S Wolfe St, Baltimore, MD, 21231

$599,000

Home List Price

$7,113*

Closing Credit

0 Baths
2,200 SqFt
$272/SqFt
Multi

Location

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521 S Wolfe St, Baltimore$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingNone
Year Built1920
HeatingHeat Pump
CoolingCentral Air
MLS #MDBA2133452
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 521 S Wolfe St

Discover a prime investment opportunity just three blocks from the scenic waterfront of Thames Street. These turn-key apartments promise a stable and lucrative return. Each unit is separately metered with individual heating, cooling, and hot water systems, ensuring tenant independence and convenience. This all-electric building not only aligns with modern energy-saving trends but also offers significant cost efficiencies. Don't miss your chance to secure a valuable asset in this desirable location! Tenants enjoy the best of Baltimore living at 521 South Wolfe Street. Apartment One is a two-bedroom, one-bathroom unit spanning three stories and including a chic loft bedroom. Recently renovated, the kitchen features granite countertops, shaker cabinets, and a full suite of stainless steel appliances. The combination of contemporary finishes and historic touches provides an inviting and sophisticated atmosphere. Apartments Two and Three are each one-bedroom units. Their kitchens feature easy-to-clean laminate countertops and wood cabinets, with electric ranges and dishwashers. Each of these units boasts outdoor living space as well: a rear wood deck for Apartment Two and a concrete patio for Apartment Three. 521 South Wolfe Street is all-electric, featuring four separate electric meters. Each apartment is equipped with its own electric heat pump, air conditioning, and water heater, ensuring comfort and efficiency. In-unit washers and dryers are a “must-have” for modern tenants. The landlord employs a utility bill back program for public service utilities, offering a convenient and cost-effective solution for managing utility expenses. Tenants pay their own electric for each unit. Fell’s Point is renowned for its historic character, bustling waterfront, and vibrant community. Residents of 521 South Wolfe Street can enjoy easy access to the picturesque Thames Street, lined with boutique shops, trendy cafes, and lively pubs. The proximity to the waterfront provides opportunities for scenic walks, water activities, and outdoor recreation. Additionally, the neighborhood’s rich history and unique architecture create a charming and inviting atmosphere, making it a sought-after destination for both locals and visitors. Whether you’re looking to expand your investment portfolio or find a new place to call home, 521 South Wolfe Street offers a fantastic opportunity to experience the best of Fells Point living.

Property Details

Property Features

Property Information:

  • Architectural Style: Converted Dwelling
  • Year Built: 1920
  • Living Area: 2,200 SqFt

Listing Office:

  • Office Name: Ben Frederick Realty, Inc.
  • Office Phone: (410) 235-9500
  • Listing Agent: Will A Cannon III

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Baltimore City

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
  • Price Per SqFt: $272/SqFt

Tax Information:

  • Annual Amount: $5,007
  • 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

521 S Wolfe St vs Baltimore

117 DAYS ON ROCKET

+77 Days

$599,000

+$374K More

$272/SqFt

+$109 More

KEY TAKEAWAY

This property is $374K more than the Median Sold Price and $109/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: #MDBA2133452

Listing Office:

  • Office Name: Ben Frederick Realty, Inc.
  • Office Phone: (410) 235-9500
  • Listing Agent: Will A Cannon III

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, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,007$249,100
2020$5,312$225,100
2019$4,978$211,967
2018$5,007$212,167
2017$4,383$185,700

History based on county public records data.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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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-379543
2
/10
  • Wolfe Street Academy

  • 245 S Wolfe St

  • 0.21 miles

  • Public Charter Grades PK-5

school-card-donut-379544
1
/10
  • William Paca Elementary School

  • 200 N Lakewood Ave

  • 0.90 miles

  • Public District Grades PK-5

school-card-donut-379545
5
/10
  • Federal Hill Preparatory School

  • 1040 William St

  • 1.25 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,507. Typical income of Baltimore, MD residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesMarylandBaltimore21231521 S Wolfe St

This home is located at 521 S Wolfe St in Baltimore, MD and zip code 21231 in the Fell's Point neighborhood. This 2,200 square foot home, which was built in 1920, sits on a 0.04 acre lot. It has been listed on Rocket Homes since July 22, 2024 and is currently priced at $599,000.

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 number of homes for sale in Baltimore, MD increased by 12% between September 2024 and October 2024. Listings spent 40 days on the market in October 2024, and had a median list price of $224,997 during the same period.

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

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