2 South Payson Street

2 South Payson 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 1900 and is 124 years old. The linear feet between the front and back of the lot is 900 ft and across the front of the lot is 140 ft. The area measurement of the land has been determined as 1,260 square feet.

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. The exterior walls of the building are made of log. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2 South Payson Street sold most recently in Feb 22, 2024 for a total of $28,600. Before that, the property was also sold for $40,000 in Dec 8, 2022. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $590 in taxes each year. The initial year of tax delinquency occurred in 2022. 2 South Payson Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $25,000. If we break it down further, the land itself was valued at $5,000. Improvements to the property, however, were assessed at a total of $20,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.