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🏠💰Large Townhome Priced at 25% ARV🔥 Assigned

  • $42,500
  • 4 beds
  • 1.5 baths
  • 1,552 sqft
Assigned
1114 Poplar Grove Walkthrough

1114 Poplar Grove St, Baltimore, MD 21216

Price: $42,500 

ARV: $165,000

Semi-detached big 1,552 square-foot townhome that has room for a MEGA transformation!

The recent flips in the neighborhood and on that street surprisingly sold for more than I thought they would!

4 beds 

1.5 baths

1,552 sq ft

Property Info / Conditions:

  • Roof was worked on in 2020
  • Windows are about 20 years old
  • Hardwood floors throughout in good condition
  • Window units for A/C
  • Water boiler heater with radiators that seller had serviced every fall

Low purchase price because:

1.) June 2023 settlement / closing

2.) Sight-unseen as of now

Slightly lower ARV than comps because:

1.) Missing 1/2 bathroom compared to comps (will sell more with 2 FULL baths)

2.) Home next-door to subject property is abandoned

COMPS:

1.) 936 Poplar Grove St, Baltimore, MD 21216 – SOLD FOR $190,000 – Same Street, Few Houses Down

https://www.zillow.com/homedetails/936-Poplar-Grove-St-Baltimore-MD-21216/36513081_zpid/

2.) 2928 Riggs Ave, Baltimore, MD 21216 – SOLD FOR $200,000 – One Football Field Away

Same property numbers, same year built, 1/2 half more bathroom

https://www.zillow.com/homedetails/2928-Riggs-Ave-Baltimore-MD-21216/36512820_zpid/

3.) 2919 Winchester St, Baltimore, MD 21216 – SOLD FOR $194,000 – Even closer than a football field away

4.) 2933 Mosher St, Baltimore, MD 21216 – SOLD FOR $200,000 – 500 Feet from Subject Property

https://www.zillow.com/homedetails/2933-Mosher-St-Baltimore-MD-21216/36513062_zpid/

5.) 2723 Winchester St, Baltimore, MD 21216 – SOLD FOR $200,000 – All the same block / neighborhood as the others above

https://www.zillow.com/homedetails/2723-Winchester-St-Baltimore-MD-21216/36514445_zpid/

 

Please enter your final and best offer by Friday, May 5th 2023 at 9:00 am on our website.

Please upload your Proof of Funds and LLC docs to have your offer considered.

Please note that we do not have access to the property until we have a ratified contract with a Buyer.

Then we will organize a walk-through. Thank you!

Closing / Settlement will take place in June when the tenant has vacated the property.

Thank you!

Submit Offer

 

Location & Structure Information
Premises Address: 1114 POPLAR GROVE ST
BALTIMORE 21216-4340
 Legal Description: 22-1X133

 
Map: Grid: Parcel: Neighborhood: Subdivision: Section: Block: Lot: Assessment Year: Plat No:
0016 0000 0000 16010442.03 0000 20 2445 012 2021 Plat Ref:
Town: None
Primary Structure Built Above Grade Living Area Finished Basement Area Property Land Area County Use
1930 1,552 SF 11130
Stories Basement Type Exterior Quality Full/Half Bath Garage Last Notice of Major Improvements
2 YES RENTAL DW BRICK/
FRAME		 3 1 full
Value Information
Base Value Value Phase-in Assessments
As of
01/01/2021		 As of
07/01/2022		 As of
07/01/2023
Land: 7,000 7,000
Improvements 22,000 29,000
Total: 29,000 36,000 33,667 36,000
Price:
$42,500
Address:
1114 Poplar Grove Street
Baltimore, Maryland 21216
Square Feet:
1,552
Lot Size:
2,937 sqft
Bedrooms:
4
Bathrooms:
1.5
Terms:
Assignment of Contract
Property Type:
Townhouse
Year Built:
1930
Basement:
Finished
Const. Type:
Brick / Frame

Call 410-316-6197 for more details

Property Location

Call Us!
410-316-6197