Lutherville has always been a popular neighborhood in Baltimore County. In 1969 this started out as a cookie cutter split foyer. The lifelong owner was a skilled mason. Two huge additions and a ton of brick work later, this home is anything but cookie cutter.
So many buyers in looking for Baltimore County real estate need to plan for growing families. With four bedrooms, a family room, an open living room and a huge kitchen with an island and table space, the original layout offered plenty of space for a growing family. Now the home has a large sun room and deck jetting off the back of the house. Since it’s lined with windows and screens, it’s a perfect room for family crab feasts. Hovering over the 2 car garage is a Great room, complete with a bar area, gas fire place insert and skylights. The master bedroom has an added walk-in closet. The 2nd bedroom has an added office off of it. On the lower level you will find a hot tub room with plenty of space to set up a home gym or spa. The fourth bedroom is down there as well. A traditional family room with a huge bar sits on the other side of the lower level. This room has French doors that lead to a 2 car garage. If you hadn’t noticed the skill of the mason, the second you walk into this garage, you’re sure to notice.
500 Talbott Ave, Lutherville, MD 21093
sun room with deck
2 car attached garage
fenced in yard
The housing market can be a fickle thing, and while many people look to roll the dice and get lucky in the house flipping game few are able to turn a profit. When working with Baltimore investors, or new home buyers looking to cash in on resale down the road, I always say Baltimore’s Highlandtown neighborhood is the place to buy now. Highlandtown, zip code 21224, boarders the booming neighborhood of Canton. Canton has it all: nightlife, shopping, restaurants, water views, and the price tag shows it. Curious how far your dollar goes in the Canton area, click here.
Lately I’ve been working with some smart millennials, on a first time home buyers budget. Many have decided to look slightly south to Highlandtown area. Highlandtown has long been home to Baltimore staples like Di Pasquales, The Creative Alliance Theater, and the always charming Laughing Pint. Highlandtown Main Street has a strong community force aiding in the area’s popularity.
Additionally, in the last year we have seen the sale and demolition of the iconic Haussners building on Eastern Avenue which is to be rebuilt into luxury apartments, a Mount Pleasant church is set to become a seventy unit condominium building, and smart contractors are buying homes in need of rehab. Hip new restaurants like “Snake Hill Tavern” and “Gnocco” are popping up on Highlandtown corners.
The numbers don’t lie. New rehabs are listing in the low 200’s and closing at or slightly under ask. 3 bedroom 1 baths in need of renovations are moving much higher than they were only five years ago but a savvy Baltimore investors can buy in the 50-70K range and turn a heathy profit quickly. Curious what’s out there? Email me, Meighan Sweeney, for a list of the great Highlandtown investments.
Just listing this evening – 2025 Bank Street has been one of the largest project we’ve done so far. The shell was 4 levels. We blew out the entire back of the house for a 3 level addition. It’s FIVE bedrooms with 4.5 baths, 2 baths have double vanities. The house is just over 2500 sq ft of finished space. Check out the final pictures below. The full rehab project from shell to demo to framing, to the completed home is below the final pics. Thanks for following us thru the CHAP tax credit renovation. Call Suzie Coronel at 410-336-2569 if you’d like a tour of the finished property.
****OPEN HOUSE SUNDAY, NOV 27, 2016 from 11-1pm****
2025 Bank Street, Baltimore, MD 21231
CHAP tax credit with the pre-improvement appraisal @ $150,000.00
4 finished levels
2 tier rood deck
sep dining area
Butchers Hill neighborhood
(click the pictures for a larger view)
**********Original Blog from the Start**************
Holly hell! We really demolished this one! Butchers Hill’s newest CHAP tax credit is on the way. This property is sandwiched between 2 great neighbors. I am happy to report that they were both very pleased to see the remodel go into action! This property is located on a one way street with angled parking. It’s close to Fells Point, the water, Canton and the park.
Once complete this house will be 4 finished levels. Take a look at the pictures when the shell was purchased:
This is a big job! The builder is blowing off the back of the house so that there can be additions on all 3 above ground floors. Check these pics out of the demo:
Here is a quick video of the demolition to the back. Hard to believe that this house will shine from top to bottom before the end of the year:
We are just about sealed up and framed. Here’s a peek at the latest progress on 2025 Bank Street. HVAC and other systems are getting ready to go in. The kitchen has been ordered and flooring is getting selected soon. Staircases should be in first of the week.
Stairs and systems are in and drywall has been delivered. Concrete has been poured into the basement. Both decks are in the works!
What’s next? We need to pick out the flooring, tiles, vanities, hardware, paint, lighting, and more! Stay tuned for the next update. The house will start looking like a house!
The end is soon near! Bathroom tile is up. The kitchen cabinets are installed. Painters are there today. Ordering the applicances this week. Wood floors are getting installed next! Check out the progress pictures below.
2025 Bank St in Butchers Hill is just about ready to hit the market! Painting and finishing touches are being done now. Once the cleaning crew comes thru, it’ will be ready! Check out the lastest pics!
I’ll be updating this blog regularly. Let me know what you think or if you have any questions. Comment below, we love to hear from you!
What’s a “shell”? For some it’s a shiney piece found along the beach. For others it’s a blank slate that most Baltimore City area builders and investors can’t wait to get their hands on. You see a “shell” in the construction / real estate world is a house that is worth more once all the insides are ripped out. Builders will gut the walls, floors, and systems then rebuild the interior to fit more modern stardards. A good shell has nothing to do with number of baths or if the applainces work. For example a good shell in Canton is based on it’s location, the square footage and ablitily to provide a parking space. Most knowledgable builders are also applying for the Baltimore City CHAP tax credit. This process has to start from the beginning, before the demoltion begins.
Let’s take 626 S Curley Street, Balimore, MD 21224 for expample. This is a recently purchased shell in the Canton area. This is what the house looked like when the builder purchased it:
This is after demolition:
Here is a quick video to get a better idea of the word GUT!
Systems and framing are next for this one. I’ll be sure you update! Have a comment, see below. We love to hear from you!
Many people renting a home question if they are throwing their money away month after month by not buying a home of their own. First time home buyers are often shocked to learn that they could own their own home for less than what they are paying in rent right around the corner from their current residence.
Take 8013 Park Haven for example, this home is listed at only $149,000.00. I asked our preferred lender, Coastal Lending Group, if a first time home buyer is puts 3.5% down on a 30 year fixed mortgage, wha’ts their estimated monthly payment. Jon Vitak of Coastal Lending Group, responded that it would cost is less than $1100.00 a month. This makes buying a smart move especially when comparable rentals in the area run from $1,200.00 to $1,500.00 per month. Ask yourself: Why am I waiting to buy?
8013 Park Haven sits directly park side in a quiet Dundalk neighborhood in Baltimore County. It features 2 bedrooms, 2 full bathrooms, brand new stainless steel appliances, and new roof. This well maintained and affordable row home is the perfect starter house for first time home buyer or family. See below for some property photos. I help a lot of first time home buyers get into thier new home. If you’d like help, please contact me, Meighan Sweeney.