20 days on rocket

1616 Eastern Ave, Baltimore, MD, 21231

$700,000

Home List Price

$8,313*

Closing Credit

0 Baths
1,945 SqFt
$360/SqFt
Multi
Schools Nearby

Location

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1616 Eastern Ave, Baltimore$700,000

Buyer Closing Credits

$8,313*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingGarage - Rear Entry, Attached Garage
Garage3 spaces
Year Built1890
HeatingRadiant
CoolingCentral Air
BasementYes
MLS #MDBA2120766
Lot Size0.05 Acres
StatusActive
(ACTIVE)

About 1616 Eastern Ave

Investor's Dream in Fell's Point! Don't miss out on this incredible opportunity to own a 2-unit property located in the vibrant heart of Baltimore! This property is zoned C-1, offering an opportunity to add more apartments above the existing garage, and/or to split the existing structure into more apartments if desired. This gem features a legally zoned and metered setup, offering versatility and potential for both investors and homeowners alike. The first-floor unit welcomes you with a charming one bedroom, one bathroom layout adorned with high ceilings and gleaming hardwood floors, creating a warm and inviting ambiance. Ascending to the second level, you'll discover a spacious two-level apartment showcasing a generously sized eat-in kitchen, expansive living area, and three bedrooms along with two full bathrooms. Rare for the area, this property includes a spacious three-car garage, providing coveted parking convenience in bustling Fells Point. Additionally, indulge in breathtaking city views from the two-tiered rooftop deck, perfect for relaxing or entertaining guests. Whether utilized as a long-term rental property or a lucrative Airbnb investment, this property has a proven track record of success. Don't let this opportunity slip away – seize your slice of Baltimore's thriving real estate market today!

Property Details

Property Features

Property Information:

  • Architectural Style: Federal
  • Year Built: 1890
  • Living Area: 1,945 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Homesale Realty
  • Office Phone: (800) 383-3535
  • Listing Agent: Francis Kraus

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Garage - Rear Entry, Attached Garage

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Paul Laurence Dunbar High School, Public District Grades 9-12
  • National Academy Foundation, Public District Grades 6-12
  • Digital Harbor High School, Public District Grades 9-12
  • The Crossroads School, Public Charter Grades 6-8
  • Stadium School, Public District Grades 6-8
  • Afya Public Charter School, Public Charter Grades 6-8
  • City Springs Elementary/Middle School, Public Charter Grades PK-8

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Baltimore City

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000
  • Price Per SqFt: $360/SqFt

Tax Information:

  • Annual Amount: $4,552
  • 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

$219.9K

Med. Price/SqFt

$159

Avg. Days On Market

36

# of Sold Homes

517

1616 Eastern Ave vs Baltimore

20 DAYS ON ROCKET

-16 Days

$700,000

+$480K More

$360/SqFt

+$200 More

KEY TAKEAWAY

This property is $480K more than the Median Sold Price and $200/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: #MDBA2120766

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Homesale Realty
  • Office Phone: (800) 383-3535
  • Listing Agent: Francis Kraus

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: 4/29/2024, 8:00:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 18, 2009Home Sold
$250,000
Nov 18, 2009Home Sold
$145,000
Sep 22, 2004Home Sold
$253,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,552$196,000
2020$4,232$192,900
2019$4,211$192,900
2018$4,270$192,900
2017$4,360$195,400

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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-3334666
3
/10

  • City Springs Elementary/Middle School

  • 100 S Caroline St

  • 0.31 miles

  • Public Charter Grades PK-8

Middle School

school-card-donut-3334667
3
/10

  • The Crossroads School

  • 802 S Caroline St

  • 0.29 miles

  • Public Charter Grades 6-8

school-card-donut-3334668
2
/10

  • Stadium School

  • 1300 Gorsuch Ave

  • 2.72 miles

  • Public District Grades 6-8

school-card-donut-3334669
4
/10

  • Afya Public Charter School

  • 2800 Brendan Ave

  • 2.92 miles

  • Public Charter Grades 6-8

High School

school-card-donut-3334670
4
/10

  • Paul Laurence Dunbar High School

  • 1400 Orleans St

  • 0.71 miles

  • Public District Grades 9-12

school-card-donut-3334671
2
/10

  • National Academy Foundation

  • 540 North Caroline St

  • 0.77 miles

  • Public District Grades 6-12

school-card-donut-3334672
2
/10

  • Digital Harbor High School

  • 1100 Covington St

  • 0.93 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 $13,212. Typical income of Baltimore, MD residents is less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Maryland›Baltimore›21231›1616 Eastern Ave

This home is located at 1616 Eastern Ave in Baltimore, MD and zip code 21231 in the Fell's Point neighborhood. This 1,945 square foot home, which was built in 1890, sits on a 0.05 acre lot. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $700,000.

In March 2024, from all listings sold in Baltimore, MD there were more than 211 sold above asking price, over 181 sold below and more than 125 were sold right at the asked price. The inventory of homes for sale in Baltimore, MD between February 2024 and March 2024 increased by 3.9%. In March 2024 median list price was $219,999 and the average listing age was 36 days.

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

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