4308 Belair Road

Closed 12/5/23

Additional rear entrance to the apartment.

Last Sold Price

$150,000

1,470 sqft$102/sqft

4308 Belair Rd, Baltimore, MD 21206

Description

Price Reduction! Great buy for an investor or a user. This property has been recently renovated and more recently refreshed. The many updates include a recent rubber membrane roof. A fully equipped beauty salon could be adapted for other uses, such as a nail salon, spa or barber shop. it is spotless and turn key. Above is a spacious renovated apartment with a renovated kitchen containing stainless steel appliances and white cabinets. The original hardwood floors are refinished. There is also a roof...Price Reduction! Great buy for an investor or a user. This property has been recently renovated and more recently refreshed. The many updates include a recent rubber membrane roof. A fully equipped beauty salon could be adapted for other uses, such as a nail salon, spa or barber shop. it is spotless and turn key. Above is a spacious renovated apartment with a renovated kitchen containing stainless steel appliances and white cabinets. The original hardwood floors are refinished. There is also a roof deck. The property is being delivered vacant. The market value rents are $950 for the apartment and $1250 for the salon. The tenants pay most utilities. The current taxes are low. The property has great numbers as an investment property. The cap rate would be over 12%. There is a large fenced back yard that could be used for parking. However, parking is also abundant on the street. This would also be a good candidate for live in part and rent part or live where you work. It is an attractive block with a heavy traffic flow and high visibility. It is also about a block from a lovely park. It is located convenient to Hopkins Hospital and downtown. It's also just a few miles 'west of I-95. This is perfect for a first time investor. It's ready to rent and will have a great positive cash flow.

LISTING CLOSED: 12/05/2023 12:00 AM

Property Details for 4308 Belair Road

Status

Closed

MLS #

MDBA2097472

Days on Market

Taxes

$1,729 / year

HOA Fees

Condo/Co-op Fees

Property Type

Multi Family

MLS Type

Multi-Family / Ground Rent

Year Built

1927

Lot Size

0.04 AC / 1,859 SF

County

Baltimore Independent City

Tax ID Number

0327015898H003A

Ownership

Ground Rent

Structure Type

Interior Row/Townhouse

Style

Converted Dwelling

Waterfront

Views

City

Garage

Subdivision

GARDENVILLE

Subdivision

GARDENVILLE (BALTIMORE CITY MD)

Legal Subdivision

Ward 27

Municipality

Baltimore City

Total Parking Spaces

Central Air

Basement

Yes

Room Count

Above Grade Finished SQFT

1,182.00

Above Grade Fin SQFT Source

Assessor

Below Grade Finished SQFT

288.00

Below Grade Fin SQFT Source

Assessor

Below Grade Unfinished SQFT

288.00

Below Grade Unfin SQFT Source

Assessor

Total Below Grade SQFT

576.00

Total Below Grade SQFT Source

Assessor

New Construction

Building Winterized Y/N

Property Condition

Very Good

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Location

Sold By Keller Williams Metropolitan

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Building Information for 4308 Belair Road

Stories-Residences2Year Built1927Building Size-Lot Size0.04 AC / 1,859 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage¹

$907 per month

30 year fixed, 6.55% Interest

Principal and Interest

$762

Property Taxes

$144

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 4308 Belair Road

Location

In City Limits: Yes
Transportation: Airport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station 1 to 3 miles, Commuter Rail Station 1 to 5 miles

School District Name: BALTIMORE CITY PUBLIC SCHOOLS
School District County ID: 121137830454
SchoolDistrictSource: Listing Agent
County: BALTIMORE CITY

Waterfront / Water Access

Water View: No
Water Access: No

Water Oriented: No
Navigable Water: No
Tidal Water: No
Riparian Rights Y/N: No

Association / Community Info

Association Recreation Fee Y/N: No

Taxes and Assessment

Tax Year: 2022
Tax Assessed Value: $88,533

Year Assessed: 2023
County Tax: $82
Improvement Assessed Value: $66,800
City Town Tax: $1,647
Land Assessed Value: $37,000
Clean Green Assessed: No
Municipal Trash: Yes
Land Use Code: RC
Section: 01
Agricultural Tax Due: No
Historic: No
Zoning: R-7*
Zoning Dscrp: RC
Tax Lot: 003A
School Tax: $0
Automatically Update Tax Values Y/N: Yes

Lease Information

Owner Pays: Common Area Maintenance, Insurance, Management, Miscellaneous, Repairs, Taxes - Real Estate, Water, Advertising/Licenses and Permits, Other
Rent Control: No

Concessions: Yes
Concessions Amount: $6,500

Unit Information

Single Room Units Count: 0
One Bedroom Units Count: 1

Two Bedroom Units Count: 0
Three Bedroom Units Count: 0
Units Furnished: Some
Units Leased Count: 2
Number Of Units Vacant: 2
Vacancy Allowance Rate: .00%
Number Of Units Month To Month: 0
Rent Control: No

Financial Information

Expenses

Income Expense List: Annual Ground Rent
Operating Expense: $5,790

Operating Expense Includes: Insurance
Insurance Expense: $1,334

Financial Information

Gross Income: $26,400
Gross Scheduled Income: $26,400

Net Operating Income: $20,197
Annual Rental Income: $26,400
Income Includes: Shop Rentals, Apartment Rentals
Cap Rate: 12.00
Existing Lease Type: None

Building Info

Building Level Count: 3
Building Units Total: 2

Total Finished SQFT: 1,470.00
Total Finished SQFT Source: Assessor
Tax Total Finished SQFT: 1,470.00
Total SQFT: 1,758.00
Total SQFT Source: Assessor
Construction Materials: Brick
Ext Main Mid-res: http://bright-media02.prd.brightmls.com/bright/images/0000/8025/7990/3148/802579903148_512_384_WM_p2r3qBGPi-Bv0vvL.jpg
Flooring Type: Hardwood, Vinyl
Basement Type: Connecting Stairway, Interior Access, Improved, Water Proofing System, Full
Foundation Details: Other
Other Structure: Above Grade, Below Grade

Lot / Land Information

Lot Size Source: Estimated
Lot Features: Front Yard, Rear Yard

Location Type: Middle Of Block
Parcel ID: 13073098
Ground Rent Exists: Yes
Ground Rent Amount: $90
Ground Rent Payment Frequency: Semi-Annually
Capitalized Value-Ground Rent: $1,500

Parking

Type Of Parking: Driveway, On Street, Parking Lot
Parking Lot - # of Spaces: 6

Parking Features: Crushed Stone

Interior Features

Interior Features: Floor Plan - Traditional, Other, Wood Floors
Fireplace: No

Appliances: Oven - Double, Refrigerator, Stainless Steel Appliances
Accessibility Features: None

Exterior Features

Exterior Features: Other
Outdoor Living Structures: Deck(s)

Pool: No Pool

Utilities

Utilities: Electric Available, Natural Gas Available, Phone, Sewer Available, Other
Heating: Yes

Cooling Type: Wall Unit, Window Unit(s)
Cooling Fuel: Electric
Heating Type: Baseboard - Electric
Heating Fuel: Electric
Hot Water: Natural Gas
Water Source: Public
Sewer Septic: Public Sewer

Confidential Data

Listing Office

List Agent AOR: Greater Baltimore Board of REALTORS

Property History for 4308 Belair Road

Date	Event & Source	Price	Appreciation
Dec 5, 2023	Closed BRIGHT #MDBA2097472	$150,000	—
Dec 4, 2023	Closed (Public Record) Public Record #1525954285	$150,000	+18.8% / yr
Nov 5, 2023	Pending BRIGHT #MDBA2097472		—
Oct 30, 2023	Price Change BRIGHT #MDBA2097472	$159,900	—
Oct 9, 2023	Listed (Active) BRIGHT #MDBA2097472		—
Sep 29, 2023	Pending BRIGHT #MDBA2097472		—
Sep 11, 2023	Listed (Active) BRIGHT #MDBA2097472	$165,000	—
Mar 23, 2023	Withdrawn BRIGHT #MDBA2075252		—
Feb 22, 2023	Listed (Active) BRIGHT #MDBA2075252	$159,900	—
Apr 8, 2016	Closed (Public Record) Public Record #569027280	$40,000	-33.9% / yr
Apr 8, 2016	Closed BRIGHT #1001136439	$44,900	—
Feb 27, 2016	Pending BRIGHT #1001136439		—
Oct 28, 2015	Listed (Active) BRIGHT #1001136439	$65,000	—
Oct 28, 2013	Withdrawn BRIGHT #1009859770	$49,000	—
Oct 28, 2013	Closed (Public Record) Public Record #372063417	$110,000	+6.2% / yr
Oct 28, 2013	Withdrawn BRIGHT #1009859770		—
Aug 9, 2013	Listed (Active) BRIGHT #1009859770	$100,000	—
Jan 11, 2010	Withdrawn BRIGHT #1008839692	$175,000	—
Jan 11, 2010	Withdrawn BRIGHT #1008839692		—
May 31, 2009	Listed (Active) BRIGHT #1008839692	$180,000	—
Dec 10, 2002	Closed (Public Record) Public Record #105653908	$57,000	—
Nov 30, 2002	Closed BRIGHT #MDBA200554	$57,000	—
Sep 20, 2002	Pending BRIGHT #MDBA200554		—
Sep 20, 2002	Listed (Active) BRIGHT #MDBA200554	$57,000	—

Date	Event & Source	Price
12/05/2023	Closed BRIGHT #MDBA2097472	$150,000
12/04/2023	Closed (Public Record) Public Record #1525954285	$150,000 +18.8% / yr
11/05/2023	Pending BRIGHT #MDBA2097472	—
10/30/2023	Price Change BRIGHT #MDBA2097472	$159,900
10/09/2023	Listed (Active) BRIGHT #MDBA2097472	—
09/29/2023	Pending BRIGHT #MDBA2097472	—
09/11/2023	Listed (Active) BRIGHT #MDBA2097472	$165,000
03/23/2023	Withdrawn BRIGHT #MDBA2075252	—
02/22/2023	Listed (Active) BRIGHT #MDBA2075252	$159,900
04/08/2016	Closed (Public Record) Public Record #569027280	$40,000 -33.9% / yr
04/08/2016	Closed BRIGHT #1001136439	$44,900
02/27/2016	Pending BRIGHT #1001136439	—
10/28/2015	Listed (Active) BRIGHT #1001136439	$65,000
10/28/2013	Withdrawn BRIGHT #1009859770	$49,000
10/28/2013	Closed (Public Record) Public Record #372063417	$110,000 +6.2% / yr
10/28/2013	Withdrawn BRIGHT #1009859770	—
08/09/2013	Listed (Active) BRIGHT #1009859770	$100,000
01/11/2010	Withdrawn BRIGHT #1008839692	$175,000
01/11/2010	Withdrawn BRIGHT #1008839692	—
05/31/2009	Listed (Active) BRIGHT #1008839692	$180,000
12/10/2002	Closed (Public Record) Public Record #105653908	$57,000
11/30/2002	Closed BRIGHT #MDBA200554	$57,000
09/20/2002	Pending BRIGHT #MDBA200554	—
09/20/2002	Listed (Active) BRIGHT #MDBA200554	$57,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4308 Belair Road

Taxable ValueLand-Additions-Total-

Tax Record2023$2,089 ($174 / month)

Home Facts

Baths2Total Finished SqFt1,470 SqFtAbove Grade Finished SqFt1,182 SqFtFinished Basement SqFt288 SqFtStories2Lot Size1,850 SqFtStyleStoresYear Built1927ZoningR-7*CountyBALTIMORE CITYAPN27-01-5898H-003AFireplace TypeHas Fireplace

Schools near 4308 Belair Road

This home is within Baltimore City Public Schools.


Rating	School	Type	Grades	Distance
4/10	Gardenville Elementary School	Public - Serves this home	PK to 5	1.0 mi
6/10	Booker T. Washington Middle School	Public - Serves this home	6 to 8	3.8 mi
1/10	Patterson High School	Public - Serves this home	9 to 12	2.9 mi
3/10	Paul Laurence Dunbar High School	Public - Serves this home	9 to 12	2.9 mi
1/10	Digital Harbor High School	Public - Serves this home	9 to 12	4.3 mi
1/10	Reginald F. Lewis High School	Public - Serves this home	9 to 12	2.6 mi
NR	Baltimore Academy of Excellence	Private - Nearby school	3 to 10	0.1 mi
NR	Dr Thomas L Stephens Academy	Private - Nearby school	PK to 4	0.3 mi
NR	Academy of Achievement	Private - Nearby school	1 to 4	0.3 mi


Rating	School	Distance
4/10	Gardenville Elementary School PublicPK to 5 Serves this home	1.0 mi
6/10	Booker T. Washington Middle School Public6 to 8 Serves this home	3.8 mi
1/10	Patterson High School Public9 to 12 Serves this home	2.9 mi
3/10	Paul Laurence Dunbar High School Public9 to 12 Serves this home	2.9 mi
1/10	Digital Harbor High School Public9 to 12 Serves this home	4.3 mi
1/10	Reginald F. Lewis High School Public9 to 12 Serves this home	2.6 mi
NR	Baltimore Academy of Excellence Private3 to 10 Nearby school	0.1 mi
NR	Dr Thomas L Stephens Academy PrivatePK to 4 Nearby school	0.3 mi
NR	Academy of Achievement Private1 to 4 Nearby school	0.3 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 4308 Belair Road, Baltimore, MD 21206	$150,000	–	–	1,470	1,859
4306 Belair Road, Baltimore, MD 21206	$120,000	3	2	–	871
4310 Belair Road, Baltimore, MD 21206	$95,000	–	2.5	1,402	–
4312 Belair Road, Baltimore, MD 21206	$123,000	3	2	1,440	1,152
4314 Belair Road, Baltimore, MD 21206	$162,500	4	2	1,702	1,742
4316 Belair Road, Baltimore, MD 21206	$90,000	2	2	1,494	3,600
4161 Eierman Avenue, Baltimore, MD 21206	$23,000	3	2	–	0
4159 Eierman Avenue, Baltimore, MD 21206	–	–	2	1,136	1,568
4155 Eierman Avenue, Baltimore, MD 21206	$57,000	–	1	1,136	–
4201 Sheldon Avenue, Baltimore, MD 21206	$132,000	–	–	2,322	–
4153 Eierman Avenue, Baltimore, MD 21206	$110,000	3	2	1,136	0
4200 Sheldon Avenue, Baltimore, MD 21206	$60,000	3	2	1,772	0
4202 Sheldon Avenue, Baltimore, MD 21206	$74,000	–	1	1,344	1,544
4400 Belair Road, Baltimore, MD 21206	$22,000	–	1.5	1,550	3,500
4151 Eierman Avenue, Baltimore, MD 21206	$47,116	–	1.5	1,136	1,568
4203 Sheldon Avenue, Baltimore, MD 21206	$160,000	3	2	1,740	1

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© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 12/05/2023 04:43 PM

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