2 months on rocket

316 N Paca St, Baltimore, MD, 21201

$1,300,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,725 SqFt
$275/SqFt
House

Location

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316 N Paca St, Baltimore$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOn Street
Year Built1900
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #MDBA2140644
StatusActive
(ACTIVE)

About 316 N Paca St

**Submit an Offer - This post needs to include the ideal asking price, but the property is open to offers.** Situated in the heart of Baltimore, 316 N Paca St is a three-story multi-family building offering an outstanding investment opportunity. It is within walking distance to major institutions like the University of Maryland and a short drive from other major universities such as Johns Hopkins University and MICA. The property is also near major employers, including prominent healthcare facilities such as the University of Maryland Medical Center and Mercy Medical Center. Residents can enjoy shopping at the historic Lexington Market, as well as a variety of retail and dining options at Harborplace & The Gallery and The Shops at Canton Crossing. The property is also well-connected, with quick access to Interstate 95 (I-95) and Interstate 83 (I-83). Additionally, it is only a few blocks away from Oriole Park at Camden Yards and M&T Bank Stadium, the homes of the Baltimore Orioles and the Baltimore Ravens, respectively. The building features four studios, three 1-bedroom, 1-bathroom units, and one 2-bedroom, 1-bathroom unit, with the potential to increase rents by 22%. The proximity to major entertainment venues boosts demand for rental properties, leading to higher occupancy rates and rental income. Additionally, properties in such desirable locations often experience appreciation in value over time, presenting opportunities for capital gains for investors. **Submit an Offer - This post needs to include the ideal asking price, but the property is open to offers.**

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1900
  • Living Area: 4,725 SqFt

Listing Office:

  • Office Name: Midfield Realty
  • Office Phone: (410) 498-5408
  • Listing Agent: Menachem M. Dalfin

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: On Street

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Pleas use GPS

Municipality:

  • Baltimore City

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
  • Price Per SqFt: $275/SqFt

Tax Information:

  • Annual Amount: $9,504
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$225.7K

Med. Price/SqFt

$162

Avg. Days On Market

36

# of Sold Homes

553

316 N Paca St vs Baltimore

75 DAYS ON ROCKET

+39 Days

$1,300,000

+$1.0M More

$275/SqFt

+$112 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $112/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: #MDBA2140644

Listing Office:

  • Office Name: Midfield Realty
  • Office Phone: (410) 498-5408
  • Listing Agent: Menachem M. Dalfin

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: 12/8/2024, 6:20:49 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

Aug 07, 2018Home Sold
$377,000
Apr 01, 2005Home Sold
$185,000
Dec 03, 2002Home Sold
$117,000
Mar 13, 2001Home Sold
$13,000
Dec 17, 1997Home Sold
$92,572
Dec 17, 1997Home Sold
$92,571
Dec 17, 1997Home Sold
$175,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,504$360,300
2020$8,503$360,300
2019$8,462$360,300
2018$9,504$402,700
2017$7,990$338,567

History based on county public records data.

Payment Calculator

$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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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-782016
1
/10
  • The Historic Samuel Coleridge-Taylor Elementary School

  • 507 W Preston St

  • 0.40 miles

  • Public District Grades PK-5

school-card-donut-782017
2
/10
  • Furman Templeton Preparatory Academy

  • 1200 Pennsylvania Ave

  • 0.59 miles

  • Public Charter Grades PK-5

school-card-donut-782018
2
/10
  • George Washington Elementary School

  • 800 Scott St

  • 0.91 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,983. The majority of Baltimore, MD residents have income less than $35k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 316 N Paca St

What is the listing price of this property?

The listing price of 316 N Paca St property is $1,300,000.

What type of property is this?

The property 316 N Paca St is a house located in Baltimore, Maryland, 21201.

Is this property for sale now?

Active Listing: 316 N Paca St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,504 (source: MLS/based on county public records data).

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

The last sale was on August 7, 2018 for $377,000. (source: MLS/tax record).

What is the square footage of this property?

The property 316 N Paca St is 4,725 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 316 N Paca St is 1900.

Rocket Homes›Maryland›Baltimore›21201›316 N Paca St

This home is located at 316 N Paca St in Baltimore, MD and zip code 21201 in the Central neighborhood. This 4,725 square foot home was built in 1900. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $1,300,000.

Over 197 listings were sold over their listed price in November 2024 in Baltimore, MD. In the same period over 205 listings were sold below the listed price and 151 listings were sold for the listed price. The number of homes for sale in Baltimore, MD increased by 4.6% between October 2024 and November 2024. Listings spent 36 days on the market in November 2024, and had a median list price of $225,730 during the same period.

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

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