1108 West 40th Street

1108 West 40th Street has been categorized by the local assessors in Baltimore, MD as a residential type of property. The building on the property was first built in 1880 and is 144 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 1108 West 40th Street has 936 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 160 ft. The area measurement of the land has been determined as 1,600 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of unknown. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1108 West 40th Street was last sold in Jun 15, 2020 for $228,000. According to our calculations, that's $243.59 per sqft. Prior to that sales transaction, the property was sold for $150,000 in Aug 14, 2018. Current property owners are expected to pay $4,159 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 1108 West 40th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $181,700. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.