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1929 Eastern Avenue
Baltimore, MD 21231
$649,900
Conventional
Property
Bedroom
4
Bathroom
5
Property Type
Conventional
Square ft
2360
Property Description
Welcome home to 1929 Eastern Ave., a rare 21-foot wide rowhome featuring a 2 car garage + 1 additional parking spot in the driveway, just a few blocks from the heart of historic Fells Point. This 4-level water view rowhome with 4 beds and 4.5 baths, boasts 2,300+ finished square feet, 3 balconies and an expansive rooftop with stunning views of the Baltimore harbor, which is a mere 3 blocks away. Originally built in 1920 and renovated in 2016, the open concept main floor, which is ideal for entertaining, sits on the 2nd level. Being perched on the 2nd floor allows more privacy for the half bath, living room, dining area and jaw-dropping kitchen perfect for entertaining. The gourmet kitchen invites you in with its massive island, its granite countertops, a large stainless steel sink with garbage disposal, modern white cabinetry with glass inlays providing tons of storage space, a convenient pot filler, a built-in wine rack, a sleek backsplash, a pantry closet with storage racks, and last but not least, stunning stainless steel appliances including a double wall oven and hood range stove. Throughout the freshly painted home, you will find swoon-worthy, dark re-engineering hardwood flooring, piano key stairs with white modern threads, a 4-level home audio system, illuminating light fixtures, recessed lighting, niche tiling in the bathrooms, as well as granite countertops, custom trim work and beyond-spacious closets. The third level includes the primary suite with its own private balcony, a large walk-in closet and dual vanity in the bathroom, plus frameless glass door shower. The bedroom adjacent to the primary, past the energy efficient washer and dryer, features a tall vaulted ceiling and three large windows. The first floor bedroom, which could also serve perfectly as a home office space, has a unique white tile that carries into the full bathroom next to the garage. The 4th level suite could be considered a large second primary suite or used for a variety of other purposes. It hosts a full bathroom with double vanity and glass door shower, wet bar, wine fridge, large walk-in closet, and a private balcony with harbor views that leads to the rooftop. The wet bar could be a convenient coffee bar or serve as a hydration station when you are hanging out on your rooftop deck. There you can enjoy the sweeping, panoramic views of Charm City including the Baltimore harbor, iconic Domino Sugar and Harbor East’s high-rise buildings. This home hosts an energy efficient dual zone HVAC, meaning the residents can have greater control over the indoor environment and can save money on energy costs by allowing for more targeted heating and cooling. This is perfect for homes with multiple floors, large open layouts or rooms that are not used every day such as an in-home office or a gym. Next to the first-floor bedroom is the wide 2-car garage and driveway on a shared easement alley. The communal, clean alley is shared amongst 3 other homes that were renovated at the same time as 1929 Eastern Ave. Finding a top to bottom, beautifully renovated rowhome with 3 car parking in Fells Point is nearly impossible. Come check out this rare beauty for yourself!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1920
MLS Number
MDBA2118464
Location
Address
1929 EASTERN AVENUE
City
BALTIMORE
State
MD
Zip Code
21231
County
BALTIMORE (CITY EAST)
Listing
Provider
Keller Williams Realty Centre, original listing
Name
Keller Williams Realty Centre
Phone
(410) 312-0000
Office Name
Keller Williams Realty Centre
Office Phone
(410) 312-0000
Agent Name
Jessica Aminzadeh

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.