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205 W Madison St, Baltimore, MD, 21201

$1,650,000

Home List Price

$10,000*

Closing Credit

0 Baths
18,040 SqFt
$91/SqFt
House
Schools Nearby

Location

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205 W Madison St, Baltimore$1,650,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingNone
Year Built1880
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #MDBA2117952
Lot Size0.06 Acres
StatusActive
(ACTIVE)

About 205 W Madison St

INCREDIBLE OPPORTUNITY IN THE HEART OF MOUNT VERNON! This is your chance to own an unbelievable piece of Baltimore history. This property is sure to be the crown jewel of your investment portfolio. This sale comprises of not just one but TWO buildings in the heart of the Mount Vernon Historic District at 205 W Madison St and 716 Park Ave. Both buildings combine for over 18,000 sq ft above grade, not including the basements. 205 W Madison is 11,440 sq ft above grade, 716 Park Ave is 6,600 sq ft above grade. Standing outside of the main building, you are in awe of its magnificence. The attention to detail that went into the brickwork and stone work on the exterior of the building is unlike any other building you have seen in recent memory. As you enter the grand double doors of the main building into the foyer, your eyes are immediately drawn to the many displays of craftsmanship from a world long ago. Beautiful murals and paintings, exquisite handrails and crown molding, and an incredible grand staircase. As you enter to your left, what was once a ballroom, dining room, or reception area is sure to leave you speechless. You are greeted by 14ft+ ceilings and a magnificent chandelier at the center of the room. You immediately feel like you are walking back 100 years into a completely different time and era. Take a stroll back into the main hall and past the grand staircase and you will notice the original service elevator to the building is still in place. A large, beautiful courtyard connects the two buildings from the rear. It is truly amazing how well many of the original features of this building have been preserved. Craftsmanship like this simply no longer exists. Both buildings currently have a combined 25 suites/rooms (28 if you include the basements), each complete with it's own bathroom and it's own heating/cooling system. Each room is cozy, comfortable, and a very good size. Many of them have their own living room areas in addition to bedroom and bathroom. This is is an incredible opportunity to bring this building back to its former grandeur. The neighborhood and the city has been buzzing about what's to come for this building, and everyone is so excited to see what the next owner has planned! This building could be converted back to a hotel, to a bed and breakfast, an apartment building, a rooming house, the possibilities are endless. Don't let this incredible once in a lifetime opportunity pass you by!

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1880
  • Living Area: 18,040 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
  • Interior: Crown Moldings, Elevator, Double/Dual Staircase

Exterior Features

Exterior Information:

  • Exterior: Fire Escape, Gutter System

Parking Information:

  • Parking: None

Virtual/3D Tour

  • 3D Tour: 205 W Madison St

3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Baltimore School for the Arts, Public District Grades 9-12
  • Baltimore Leadership School for Young Women, Public Charter Grades 6-12
  • Renaissance Academy, 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
  • The Historic Samuel Coleridge-Taylor Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: On W Madison St

Municipality:

  • Baltimore City

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,650,000
  • Price Per SqFt: $91/SqFt

Tax Information:

  • Annual Amount: $11,645
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Baltimore, MD.

Med. Sold Price

$220K

Med. Price/SqFt

$160

Avg. Days On Market

36

# of Sold Homes

598

205 W Madison St vs Baltimore

48 DAYS ON ROCKET

+12 Days

$1,650,000

+$1.4M More

$91/SqFt

-$69 Less

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $69/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: #MDBA2117952

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: 5/3/2024, 11:20:47 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

Jun 18, 2019Home Sold
$1,372,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,645$514,333
2020$11,992$508,167
2019$11,790$502,000
2018$11,645$493,433
2017$11,443$484,867

History based on county public records data.

Payment Calculator

$8,303

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,013

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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-5307344
3
/10
  • The Historic Samuel Coleridge-Taylor Elementary School

  • 507 W Preston St

  • 0.40 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5307345
3
/10
  • The Crossroads School

  • 802 S Caroline St

  • 1.64 miles

  • Public Charter Grades 6-8

school-card-donut-5307346
2
/10
  • Stadium School

  • 1300 Gorsuch Ave

  • 2.11 miles

  • Public District Grades 6-8

school-card-donut-5307347
4
/10
  • Afya Public Charter School

  • 2800 Brendan Ave

  • 3.06 miles

  • Public Charter Grades 6-8

High School

school-card-donut-5307348
7
/10
  • Baltimore School for the Arts

  • 712 Cathedral St

  • 0.08 miles

  • Public District Grades 9-12

school-card-donut-5307349
2
/10
  • Baltimore Leadership School for Young Women

  • 128 W Franklin St

  • 0.23 miles

  • Public Charter Grades 6-12

school-card-donut-5307350
1
/10
  • Renaissance Academy

  • 1301 Mcculloh St

  • 0.58 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,084. Most Baltimore, MD residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 205 W Madison St

What is the listing price of this property?

The listing price of 205 W Madison St property is $1,650,000.

What type of property is this?

The property 205 W Madison St is a house located in Baltimore, Maryland, 21201.

Is this property for sale now?

Active Listing: 205 W Madison St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 205 W Madison St are:
The Historic Samuel Coleridge-Taylor Elementary School: GreatSchools Rating 3/10
The Crossroads School: GreatSchools Rating 3/10
Stadium School: GreatSchools Rating 2/10
Afya Public Charter School: GreatSchools Rating 4/10
Baltimore School for the Arts: GreatSchools Rating 7/10
Baltimore Leadership School for Young Women: GreatSchools Rating 2/10
Renaissance Academy: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $11,645 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 18, 2019 for $1,372,000. (source: MLS/tax record).

What is the square footage of this property?

The property 205 W Madison St is 18,040 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 205 W Madison St is 1880.

Rocket Homes›Maryland›Baltimore›21201›205 W Madison St

This home is located at 205 W Madison St in Baltimore, MD and zip code 21201 in the Central neighborhood. This 18,040 square foot home, which was built in 1880, sits on a 0.06 acre lot. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $1,650,000.

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 listings in Baltimore, MD increased by 8.9% between March 2024 and April 2024. In April 2024 median list price was $220,000 and the average listing age was 36 days.

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

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