16 days on rocket

1407 Madison Ave, Baltimore, MD, 21217

$415,000

Home List Price

$4,928*

Closing Credit

0 Baths
3,720 SqFt
$112/SqFt
Multi
Schools Nearby

Location

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1407 Madison Ave, Baltimore$415,000

Buyer Closing Credits

$4,928*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built1920
HeatingRadiant
CoolingWindow Unit(s), Ceiling Fan(s)
BasementYes
MLS #MDBA2122854
StatusActive
(ACTIVE)

About 1407 Madison Ave

***LIMITED SHOWINGS ** TU 4/30 1-3PM ** TH 5/2 4-6PM ** SA 5/4 1-3 ** Schedule Online or Call Lister **INVESTOR ALERT** Great opportunity to buy and hold in the heart of Madison Park's Marble Hill. Up-and-coming community that made Live Baltimore's top 10 neighborhoods in 2023! Clos to MICA, Coppin State, and State Center. This gracious 3-unit property is extra wide and features lots of charm and original details, including 12' ceilings. Two 2BR/1BA units are currently occupied by tenants who would like to stay (month-to-month leases). The first-floor unit has been used as a gallery space by the owners. Could easily be converted to artist live/work space or even a 1BR/1BA unit. Lots of updates to the high-efficiency boiler/radiator system. Updated electric. Separate meters for all units. Clean, dry basement is good for storage or could be renovated to add more finished space.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional, Victorian
  • Year Built: 1920
  • Living Area: 3,720 SqFt

Listing Office:

  • Office Name: Next Step Realty
  • Office Phone: (443) 901-2200
  • Listing Agent: Martha Craig

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood, Luxury Vinyl Plank, Tile/Brick
  • Interior: Crown Moldings, Wood Floors, Additional Stairway

Exterior Features

Parking Information:

  • Parking: On Street

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: Window Unit(s), Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Renaissance Academy, Public District Grades 9-12
  • Baltimore Leadership School for Young Women, Public Charter Grades 6-12
  • Augusta Fells Savage Institute of Visual Arts, Public District Grades 9-12
  • Booker T. Washington Middle School, Public District Grades 6-8
  • Stadium School, Public District Grades 6-8
  • The Crossroads School, Public Charter Grades 6-8
  • Eutaw-Marshburn Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Eutaw Place to west on Lafayette Avenue. Right on Madison Avenue. Property is on right.

Municipality:

  • Baltimore City

Price Information

Listing Price Info

Price Summary:

  • List Price: $415,000
  • Price Per SqFt: $112/SqFt

Tax Information:

  • Annual Amount: $1,416
  • 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

$220K

Med. Price/SqFt

$160

Avg. Days On Market

36

# of Sold Homes

598

1407 Madison Ave vs Baltimore

16 DAYS ON ROCKET

-20 Days

$415,000

+$194.9K More

$112/SqFt

-$48 Less

KEY TAKEAWAY

This property is $194.9K more than the Median Sold Price and $48/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: #MDBA2122854

Listing Office:

  • Office Name: Next Step Realty
  • Office Phone: (443) 901-2200
  • Listing Agent: Martha Craig

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: 5/16/2024, 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$1,416$66,800
2020$1,496$63,400
2019$1,409$60,000
2018$1,416$60,000
2017$1,416$60,000

History based on county public records data.

Payment Calculator

$2,139

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,311

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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.

Elementary School

school-card-donut-2290158
1
/10

  • Eutaw-Marshburn Elementary School

  • 1624 Eutaw Pl

  • 0.17 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2290159
1
/10

  • Booker T. Washington Middle School

  • 1301 Mcculloh St

  • 0.08 miles

  • Public District Grades 6-8

school-card-donut-2290160
1
/10

  • Stadium School

  • 1300 Gorsuch Ave

  • 2.11 miles

  • Public District Grades 6-8

school-card-donut-2290161
5
/10

  • The Crossroads School

  • 802 S Caroline St

  • 2.28 miles

  • Public Charter Grades 6-8

High School

school-card-donut-2290162
1
/10

  • Renaissance Academy

  • 1301 Mcculloh St

  • 0.08 miles

  • Public District Grades 9-12

school-card-donut-2290163
3
/10

  • Baltimore Leadership School for Young Women

  • 128 W Franklin St

  • 0.83 miles

  • Public Charter Grades 6-12

school-card-donut-2290164
1
/10

  • Augusta Fells Savage Institute of Visual Arts

  • 1500 Harlem Ave

  • 0.84 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,707. Most Baltimore, MD residents have annual incomes less than $35k. 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

Rocket Homes›Maryland›Baltimore›21217›1407 Madison Ave

This home is located at 1407 Madison Ave in Baltimore, MD and zip code 21217 in the Central neighborhood. This 3,720 square foot home was built in 1920. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $415,000.

Over 257 listings were sold over their listed price in April 2024 in Baltimore, MD. In the same period over 198 listings were sold below the listed price and 143 listings were sold for the listed price. The number of homes for sale in Baltimore, MD increased by 8.9% between March 2024 and April 2024. In April 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $220,000.

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

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