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Backup Offers

5501 Fair Oaks Ave, Baltimore, MD, 21214

$500,000

Home List Price

$5,938*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
3,109 SqFt
$161/SqFt
House

Location

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5501 Fair Oaks Ave, Baltimore$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, On Street
Year Built1926
HeatingCentral, Heat Pump
CoolingCentral Air, Multi Unit(s), Other
BasementYes
FireplaceGas/Propane
MLS #MDBA2141054
Lot Size0.21 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 5501 Fair Oaks Ave

This fully renovated home boasts modern convenience and style, designed with comfort in mind. Purchased, almost completely rebuilt, added on to, and designed as a forever home, they thought of everything. Tons of natural light pours in through the oversized windows and panoramic glass door off the dining area. The main level features an open floor plan with clearly defined living spaces including a legal bedroom. The open-concept kitchen is a chef’s dream, featuring gas cooking, a large observation island, a pot filler, granite counters, stainless steel appliances, mud alley and message center. The dining area is just the right size for small and large gatherings complete with wet bar and beverage fridge. The gas fireplace, window seats and bay window make the living area perfect for entertaining or a quiet night in. Only the pictures can convey the luxury of the primary ensuite with modern clawfoot tub, rain shower w-custom tile and steam sauna jets, chandelier, heated floors, double vanity, and walk-in closet. Two other spacious bedrooms, another full bath and laundry complete the 2nd level. The 3rd floor offers loads of space, an oversized closet and a complete rough in to add a full bath in the future. This tech savvy gem is equipped with keyless entry, a central AV closet, Ethernet and cable wiring throughout the home for your networking needs, smart home thermostats, and Ring security system for peace of mind. The outdoor spaces allow for comfort in the front or rear of the home. The back deck features a lower level designed for a hot tub and the yard may still be bearing fruits and veggies from the lil' gardeners who used to live there. 5501 Fair Oaks has all the modern amenities you need, blending luxury with everyday efficiency and functionality. Minutes from Morgan State, downtown, shopping, dining, commuter routes and more.

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian, Other
  • Year Built: 1926
  • Living Area: 3,109 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Centre
  • Office Phone: (410) 312-0000
  • Listing Agent: Nikole L Lowe

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Disposal, Dryer, Instant Hot Water, Oven, Gas Range, Refrigerator, Stainless Steel Appliances, Washer, Tankless Water Heater
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Luxury Vinyl Plank, Carpet
  • Interior: Floor Plan - Open, Family Room Off Kitchen, Entry Level Bedroom, Dining Area, Bathroom - Soaking Tub, Bathroom - Walk-In Shower, Built-Ins, Butlers Pantry, Carpet, Ceiling Fan(s), Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Sauna, Upgraded Countertops, Walk-in Closet(s), Wet/Dry Bar, Wood Floors
  • Fireplace: Gas/Propane

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: Off Street, On Street

Lot Features

Lot Information:

  • Lot: Corner Lot, Front Yard, Back Yard, Side Yard(s)
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump
  • Cooling: Central Air, Multi Unit(s), Other

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Baltimore City

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
  • Price Per SqFt: $161/SqFt

Tax Information:

  • Annual Amount: $3,505
  • 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

5501 Fair Oaks Ave vs Baltimore

49 DAYS ON ROCKET

+9 Days

$500,000

+$275K More

$161/SqFt

-$2 Less

KEY TAKEAWAY

This property is $275K more than the Median Sold Price and $2/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: #MDBA2141054

Listing Office:

  • Office Name: Keller Williams Realty Centre
  • Office Phone: (410) 312-0000
  • Listing Agent: Nikole L Lowe

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: 11/15/2024, 3:20:49 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, 1999Home Sold
$51,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,505$64,100
2020$3,635$154,033
2019$3,258$151,267
2018$3,265$148,500
2017$3,295$148,500

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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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-350238
2
/10

  • Yorkwood Elementary School

  • 5931 Yorkwood Rd

  • 0.97 miles

  • Public District Grades PK-5

school-card-donut-350239
2
/10

  • Northwood Elementary School

  • 5201 Loch Raven Blvd

  • 1.31 miles

  • Public District Grades PK-5

school-card-donut-350240
3
/10

  • Halstead Academy Elementary School

  • 1111 Halstead Rd

  • 1.44 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 $86,957. Most Baltimore, MD residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5501 Fair Oaks Ave

What is the listing price of this property?

The listing price of 5501 Fair Oaks Ave property is $500,000.

What type of property is this?

The property 5501 Fair Oaks Ave is a house located in Baltimore, Maryland, 21214.

Is this property for sale now?

Accepting Backup Offers: 5501 Fair Oaks Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,505 (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, 1999 for $51,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5501 Fair Oaks Ave has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5501 Fair Oaks Ave is 3,109 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5501 Fair Oaks Ave is 1926.

Rocket Homes›Maryland›Baltimore›21214›5501 Fair Oaks Ave

This home is located at 5501 Fair Oaks Ave in Baltimore, MD and zip code 21214 in the Hamilton Hills neighborhood. This 3,109 square foot home, which was built in 1926, sits on a 0.21 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $500,000.

While more than 198 listings in Baltimore, MD in October 2024 were sold above asking price, there were more than 145 listings sold at asking price, and more than 223 were sold below. In October 2024 in Baltimore, MD there were 12% more homes for sale than in September 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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