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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Apartment buildings
3900 Gwynn Oak Ave, Baltimore, MD 21207-7624
Entity Owned
9-yr Hold
Property ID
US40-2331614
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1970
Construction
FRAME
Total area
17,955 SF
Lot
0.84 ac (36,721 SF)
Zoning code
R-1
APN
28-02-8239A-007
UPID
US40-2331614
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$490k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$591k
Blend (final)
Blend
$765k
Owner & transaction history
Pp Baltimore 12 LLC · 9 yrs held
Pp Baltimore 12 LLC
since 2017
7 recorded transactions
Zoning & alternative use
R-1 · Baltimore, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Baltimore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Baltimore submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$765k
Range $689k – $842k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$43 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$18,889
Tax year 2023
Assessed value
$800,400
Assessed 2023
Previous assessed
$800,400
+0.0% YoY
Effective rate
2.36%
On assessed value
Assessed land
$128,500
Assessed improvement
$671,900
Land market value
$128,500
Improvement market value
$671,900
Total market value
$800,400
Applied tax rate
28.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1970
Construction
FRAME
Heating
STEAM
Stories
3
Units
18
Total area
17,955 SF
Lot
0.84 ac (36,721 SF)
Zoning code
R-1
APN
28-02-8239A-007
UPID
US40-2331614
Jurisdiction
BALTIMORE CITY
Zoning & alternative use
R-1 · Baltimore, MD
Zoning R-1 · permitted uses
R-1 · Baltimore, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Baltimore. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
FRAME
Heating
STEAM
Stories
3
Units
18
Lot
0.84 ac
Current owner
From public records · entity-resolved
Pp Baltimore 12 LLC
Entity
Mailing address
549 W RANDOLPH ST #2, CHICAGO, IL 60661-2208
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2017
—
Pp Baltimore 12 LLC
Pp Baltimore 7 LLC
Quit Claim Deed
$1,092,000 · Greystone Svcg
Jul 17, 2014
$306,000
Pp Baltimore 7 LLC
Gwynn Oak LLC
Grant Deed
—
Nov 18, 2013
$450,000
3900 Gwyn Oak LLC
Prisoners Aid Assn Of Maryland In
Grant Deed
$337,500 · Bay-vanguard Fsb
May 17, 2007
$915,500
Prisoners Aid Assn Of Maryland In
Stone,walter & Jacqueline
Grant Deed
$895,000 · Lexington National Ins Corp
Jun 12, 2003
$450,000
Walter D Stone
Elmwood Associates LP
Grant Deed
$450,000 · First Mariner Bank
—
—
Prisoners Aid Assn Of Md INC
—
Deed Of Trust
related
$960,000 · Bay-vanguard Fsb
—
—
Pp Baltimore 7 LLC
—
Deed Of Trust
related
$624,000 · Construction Rex LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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