1 month on rocket

700 Charing Cross Rd, Baltimore, MD, 21229

$539,000

Home List Price

$6,401*

Closing Credit

0 Baths
2,592 SqFt
$208/SqFt
Multi
Schools Nearby

Location

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700 Charing Cross Rd, Baltimore$539,000

Buyer Closing Credits

$6,401*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTriplex
ParkingPaved Parking, Driveway
Year Built1942
HeatingBaseboard
CoolingWall Unit(s)
MLS #MDBC2089638
Lot Size0.15 Acres
StatusActive
(ACTIVE)

About 700 Charing Cross Rd

This is a very well-maintained and updated corner lot building! It has lots of charm and lots of natural light! It is zoned commercial and consists of 3 separate units: lower level has office space which is currently leased as a salon with full bath and (2) 2-bedroom one bath units on the main and second level. Total 2023 gross income $90,432.00. Former Airbnb's now have leases in place. Total 2022 gross income $76,515.00 which includes salon lease rent and two Airbnb's. Total 2022 expenses include Airbnb host fee, property tax, insurance, heating oil for all units, electric for two Airbnb units, water, and lawn service. Expenses 2022 total $12,514.96 for a NOI of $64,000.04 in 2022. Salon lease runs through March 31, 2025, for $1586.00. monthly. Current property manager is member of LLC and is willing to stay on to serve new buyer. Current salon lease can be provided. Appraised for 569k in spring 2023 based on 2022 financial numbers. Will appraise for significantly more when 2023 numbers are factored in.

Property Details

Property Features

Property Information:

  • Architectural Style: Federal
  • Year Built: 1942
  • Living Area: 2,592 SqFt

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (410) 461-1456
  • Listing Agent: Gregory R Osborn

Exterior Features

Parking Information:

  • Parking: Paved Parking, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • Woodlawn High School, Public Magnet Grades 9-12
  • Southwest Academy Middle School, Public Magnet Grades 6-8
  • Edmondson Heights Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Take 695 and exit 15 A for U.S. 40 E/Baltimore National Pike. Go 1.5 miles and turn left onto Charing Cross Rd. Building sits on the corner of U.S. 40 and Charing Cross Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $539,000
  • Price Per SqFt: $208/SqFt

Tax Information:

  • Annual Amount: $3,448
  • 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

700 Charing Cross Rd vs Baltimore

52 DAYS ON ROCKET

+16 Days

$539,000

+$319K More

$208/SqFt

+$48 More

KEY TAKEAWAY

This property is $319K more than the Median Sold Price and $48/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: #MDBC2089638

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (410) 461-1456
  • Listing Agent: Gregory R Osborn

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: 4/18/2024, 2:20:27 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

Sep 08, 2021Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,448$291,200
2020$4,220$284,500
2019$3,817$282,767
2018$3,847$281,033

History based on county public records data.

Payment Calculator

$2,758

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,682

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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-55613
3
/10

  • Edmondson Heights Elementary School

  • 1600 Langford Rd

  • 0.60 miles

  • Public District Grades PK-5

Middle School

school-card-donut-55614
3
/10

  • Southwest Academy Middle School

  • 6200 Johnnycake Rd

  • 1.37 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-55615
2
/10

  • Woodlawn High School

  • 1801 Woodlawn Dr

  • 1.86 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,377. The most common annual income of people living in Baltimore, MD is less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Baltimore, MD

What are the common housing types in Baltimore, MD?

In Baltimore, roughly 40% of dwellings are townhouses, while large apartment buildings, small apartment buildings, and single detached homes make up most of the remaining housing stock. This municipality has a good selection of housing size options, ranging from lofts to four or more bedrooms. About 60% of the population of this municipality own their home whereas renters make up the remainder. This municipality experienced its biggest construction boom before the 1960s, so most of the available properties are from this time period.

What are the advantages of living in Baltimore, MD?

Baltimore is a reasonably good municipality to buy a house in for those who prefer a calm ambience. There are over 100 green spaces nearby for residents to enjoy, like Gwynns Falls Park and Bay Brook Park, resulting in them being easy to access from a large number of locations in Baltimore. This municipality is quiet overall, as the streets are generally calm - although that is not the case closer to one of the railway lines, Interstate 695 or Interstate 895.

Are essential services in Baltimore, MD convenient?

The nearest supermarket in this municipality is usually only a short walk away. Park Avenue is among the best streets for food stores. Additionally, a restaurant is usually just around the corner, and there are also over 250 coffee shops in this municipality. It is also a rather short walk to a good variety of clothing stores. In terms of education, in Baltimore, house owners will typically be able to get to both primary and secondary schools by walking. Residents have the option of public and private schools at both the elementary and high school level.

How do Baltimore, MD residents get around?

This municipality allows property owners to move around using various modes of transportation. Baltimore is quite suitable for walking; running common errands is convenient, and a fair number of businesses of different types can be found as well. Cycling is also easy in this municipality as there are a good number of bike lanes. Traveling by public transit is convenient in Baltimore thanks to. Cars are also a good means of transportation in Baltimore. Coming across a place to park is easy, and it is a rather short drive to the nearest highway, such as Interstate 70, from any home in Baltimore.

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Rocket Homes›Maryland›Baltimore›21229›700 Charing Cross Rd

This home is located at 700 Charing Cross Rd in Baltimore, MD and zip code 21229. This 2,592 square foot home, which was built in 1942, sits on a 0.15 acre lot. It has been listed on Rocket Homes since February 26, 2024 and is currently priced at $539,000.

Over 211 listings were sold over their listed price in March 2024 in Baltimore, MD. In the same period over 181 listings were sold below the listed price and 125 listings were sold for the listed price. In March 2024 in Baltimore, MD there were 3.9% more homes for sale than in February 2024. In March 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $219,999.

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

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