*Substantially reduced real estate taxes with a 10 Year CHAP Credit of about $78K in Savings*4 BEDS*3 BATHS*Next to The Hamlet , a mixed -use artisan center currently under development (plans attached)*Private Parking and so much more...
Up the iconic marble steps of this historic renovation is the vestibule; replete with the ceramic tiles on the wall and floor. The cues of old Baltimore chic bid you welcome … and goodbye, because the rest is all new. A gorgeous kitchen anchored by a massive island that will certainly become the most coveted seat in the house. The place to enjoy your coffee on lazy Sunday mornings or to share laughs with friends as you prep a meal. The high ceilings to echo the joy, the huge picture window to let your mind wander. Beautiful wide-plank hardwood floors let the bright cabinetry do the talking. Stainless and granite to take the rigors of everyday life with ease. The two master suites with separate bathrooms upstairs, enjoy the thoughtful convenience of a laundry room on the same floor. Large windows and high ceilings is always a winning combination as evidenced here. Even the lower level is enjoying ample natural light. The two spacious bedrooms share a bathroom with the same elegant motif as the ones upstairs; chrome and white subway tiles on black tile floor. A parking pad in the back with easy access from the alley is a must have and it can easily do double duty as BBQ area, container garden, chilling spot or whatever you desire. Just a few blocks from Patterson Park and close to all the Canton entertainment will give you so many options to play when the mood strikes. If this sounds perfect, please contact your realtor for a private showing. Low tax basis on this historic renovation means greater savings with your 10 year CHAP historic tax credit (pending). Below is an estimate of the Baltimore City CHAP real estate tax credit. This example is an estimate. The actual credit will be determined and calculated by Baltimore City. A prospective purchaser is advised to consult with Baltimore City or their financial advisor for advice concerning the credit.
SDAT Base Assessment Prior to Property Rehabilitation: $95,400.00 x .0236 (City Tax Rate) = $2,251.44
Appraised Value After Property Rehabilitation: $429,900.00 x .0236 = $10,145.64
Annual credit of approx.. $7,894.00 over 10 Years = an approx. $78,940 in savings
Angie McDaniel is a licensed REALTOR® and subscribes to NAR's strict Code of Ethics, which is based on honesty, professionalism and the protection of the public. We fully support and operate in accordance with The Fair Housing Act.