Baltimore House Porn - $1M

[Anonymous]

Anonymous wrote:

Anonymous wrote:I am always sort of amazed more people with flexible, need to be in dc but only twice a week types don’t snap these up.

Most of those people are financially-savvy. This place has been reduced $300,000 in value in just ten years.

Meanwhile its gorgeous, 4,000 square feet, and only almost half an acre. Its also ACROSS THE STREET from Giant and a Mom's.

In D.C. that value would have gone up a $1,000,000 in the same time period.

https://www.zillow.com/homedetails/405-Overhill-Rd-Baltimore-MD-21210/36479093_zpid/

The house was previously listed in September 2008 before delisting in April 2009. Should I remind you what happened during those months? Something called Lehman Brothers. It's not unique to Baltimore. Lots of areas are still selling below peak 2008 prices. Nice, normal, safe areas across the country's many cities. Even fancy NYC suburbs are selling for less than 2005-2008 prices.

People have paid 1+M for houses in Baltimore in the past year, including in this part of town. I think the current price is realistic and it will sell. It would have sold for more, up to 1.5 had the owners listed during the boom in 2005-07.

-- Not a Baltimore resident but know the city well enough to understand it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I am always sort of amazed more people with flexible, need to be in dc but only twice a week types don’t snap these up.

Most of those people are financially-savvy. This place has been reduced $300,000 in value in just ten years.

Meanwhile its gorgeous, 4,000 square feet, and only almost half an acre. Its also ACROSS THE STREET from Giant and a Mom's.

In D.C. that value would have gone up a $1,000,000 in the same time period.

https://www.zillow.com/homedetails/405-Overhill-Rd-Baltimore-MD-21210/36479093_zpid/

Yes it's amazing how much crushing taxes, terrible schools and a ton of murder depresses properties eh? In Baltimore you pay triple the tax as they do in Bethesda, which is insane.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am always sort of amazed more people with flexible, need to be in dc but only twice a week types don’t snap these up.

Most of those people are financially-savvy. This place has been reduced $300,000 in value in just ten years.

Meanwhile its gorgeous, 4,000 square feet, and only almost half an acre. Its also ACROSS THE STREET from Giant and a Mom's.

In D.C. that value would have gone up a $1,000,000 in the same time period.

https://www.zillow.com/homedetails/405-Overhill-Rd-Baltimore-MD-21210/36479093_zpid/

Yes it's amazing how much crushing taxes, terrible schools and a ton of murder depresses properties eh? In Baltimore you pay triple the tax as they do in Bethesda, which is insane.

The zoned elementary school is excellent although kids most likely will go private like all the kids who lived in that house likely did. Yes, taxes are high but DC and its suburbs have really cheap taxes relatively speaking. Look at the property taxes in higher end PHL, NYC and BOS suburbs too. Shocking. And it's a very safe neighborhood. Gorgeous.

It won't be for everyone. But for the buyers it's worthwhile enough.

But I suspect the real deal killer for some of you is that the owner of this particular house is a prominent conservative judge.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I am always sort of amazed more people with flexible, need to be in dc but only twice a week types don’t snap these up.

Most of those people are financially-savvy. This place has been reduced $300,000 in value in just ten years.

Meanwhile its gorgeous, 4,000 square feet, and only almost half an acre. Its also ACROSS THE STREET from Giant and a Mom's.

In D.C. that value would have gone up a $1,000,000 in the same time period.

https://www.zillow.com/homedetails/405-Overhill-Rd-Baltimore-MD-21210/36479093_zpid/

It is not across the street from a Giant and a Moms. The Moms is a 5 minute drive or 10 minute walk (the Giant closed 10 years ago).
The house has not lost value— it was priced too high in 2008 and it is still priced to high given how dated it is. And the gardens are just weird for such a small yard.

-a Baltimore resident.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am always sort of amazed more people with flexible, need to be in dc but only twice a week types don’t snap these up.

Most of those people are financially-savvy. This place has been reduced $300,000 in value in just ten years.

Meanwhile its gorgeous, 4,000 square feet, and only almost half an acre. Its also ACROSS THE STREET from Giant and a Mom's.

In D.C. that value would have gone up a $1,000,000 in the same time period.

https://www.zillow.com/homedetails/405-Overhill-Rd-Baltimore-MD-21210/36479093_zpid/

It is not across the street from a Giant and a Moms. The Moms is a 5 minute drive or 10 minute walk (the Giant closed 10 years ago).
The house has not lost value— it was priced too high in 2008 and it is still priced to high given how dated it is. And the gardens are just weird for such a small yard.

-a Baltimore resident.

Adding lots of places in North Baltimore sell for far more than this one, typically within a few weeks of listing, this one is just not that great.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am always sort of amazed more people with flexible, need to be in dc but only twice a week types don’t snap these up.

Most of those people are financially-savvy. This place has been reduced $300,000 in value in just ten years.

Meanwhile its gorgeous, 4,000 square feet, and only almost half an acre. Its also ACROSS THE STREET from Giant and a Mom's.

In D.C. that value would have gone up a $1,000,000 in the same time period.

https://www.zillow.com/homedetails/405-Overhill-Rd-Baltimore-MD-21210/36479093_zpid/

Yes it's amazing how much crushing taxes, terrible schools and a ton of murder depresses properties eh? In Baltimore you pay triple the tax as they do in Bethesda, which is insane.

North Baltimore real estate has not been affected by the inner city crime, you really don’t know what you are talking about.

[Anonymous]

Beautiful house, need a bit of work to spruce up some bathrooms and flooring. If it were in NWDC it would be triple the price or more.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am always sort of amazed more people with flexible, need to be in dc but only twice a week types don’t snap these up.

Most of those people are financially-savvy. This place has been reduced $300,000 in value in just ten years.

Meanwhile its gorgeous, 4,000 square feet, and only almost half an acre. Its also ACROSS THE STREET from Giant and a Mom's.

In D.C. that value would have gone up a $1,000,000 in the same time period.

https://www.zillow.com/homedetails/405-Overhill-Rd-Baltimore-MD-21210/36479093_zpid/

Yes it's amazing how much crushing taxes, terrible schools and a ton of murder depresses properties eh? In Baltimore you pay triple the tax as they do in Bethesda, which is insane.

North Baltimore real estate has not been affected by the inner city crime, you really don’t know what you are talking about.

Oh please. I lived in Baltimore for years. They still have no leads from the stabbing murder of the ex-hopkins professor and economist from that area. Even though most murders and crime are in East and West Baltimore, you're huge tax bill still goes toward the blackhole known as the Baltimore City govt and your money has to be used on a police state in the city because there is so much murder. More murder also drives away investment and businesses from the city, thus there is no relief in site for homeowners for huge tax bills. Baltimore's crime affects you directly or indirectly no matter if you like it or not if you're a resident of Baltimore. Also, have fun dealing with the hooordes of very aggressive squeegee people at every single corner who deteriorate your quality of life. You have to drive through the city at some point to get to the N. Baltimore area if you have to travel South. Have fun with the squeegee people everywhere hitting your car with their wipers when you refuse to be blackmailed by them

[Anonymous]

Seems like overhill to me.

[Anonymous]

Anonymous wrote:Love the outside, but OMG the inside. The foyer is ... scary.

I’d want to paint over all that faux stone - it’s horrible!

[Anonymous]

So I lived almost five years in that area of Baltimore. There's a great concentration of attractive properties and neighborhoods around there and this is one of them. It's unfortunate Baltimore on the whole is such a permanent disaster.

But the interior has about five times too much stuff going on for my taste. Many of the rooms would benefit from a clean sheet simplification. There's just too much decoration and ornamentation.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am always sort of amazed more people with flexible, need to be in dc but only twice a week types don’t snap these up.

Most of those people are financially-savvy. This place has been reduced $300,000 in value in just ten years.

Meanwhile its gorgeous, 4,000 square feet, and only almost half an acre. Its also ACROSS THE STREET from Giant and a Mom's.

In D.C. that value would have gone up a $1,000,000 in the same time period.

https://www.zillow.com/homedetails/405-Overhill-Rd-Baltimore-MD-21210/36479093_zpid/

Yes it's amazing how much crushing taxes, terrible schools and a ton of murder depresses properties eh? In Baltimore you pay triple the tax as they do in Bethesda, which is insane.

North Baltimore real estate has not been affected by the inner city crime, you really don’t know what you are talking about.

Oh please. I lived in Baltimore for years. They still have no leads from the stabbing murder of the ex-hopkins professor and economist from that area. Even though most murders and crime are in East and West Baltimore, you're huge tax bill still goes toward the blackhole known as the Baltimore City govt and your money has to be used on a police state in the city because there is so much murder. More murder also drives away investment and businesses from the city, thus there is no relief in site for homeowners for huge tax bills. Baltimore's crime affects you directly or indirectly no matter if you like it or not if you're a resident of Baltimore. Also, have fun dealing with the hooordes of very aggressive squeegee people at every single corner who deteriorate your quality of life. You have to drive through the city at some point to get to the N. Baltimore area if you have to travel South. Have fun with the squeegee people everywhere hitting your car with their wipers when you refuse to be blackmailed by them

Not afraid of the city, but you clearly all. Please stay far far away.