2904 Taylor Ave · Parkville, MD 21234

$210,000

5 bd · 1.0 ba · 1,505 sqft · SingleFamily public records · 11 Days on market

Built 1918 10,800 sqft lot Est $337k · 38% under

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +29.5/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.0/10.0
• Rent growth +4.2/5.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks

Investors WELCOME!!! This 5 bedroom 1 full bath home is ready for your remodel! The property is zoned residential and commercial and sits on a . 25 acre lot. Driveway can fir 2-3 cars. Schedule your appointment today because this is priced to sell!!! For all offer, the owners are Edward Keefer & Cheryl Balassone.

Key facts

• 0.25 acre lot
• Built 1918
• Listed 11 days

Property features AI

Finance

• Other: Fee simple ownership; Below-grade area of 672; Above-grade finished area of 1,505; Total below-grade area reported as 672; Ground rent paid annually

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer
• Home design: Detached property
• Construction: Stucco construction
• Exterior features: Detached structure; Above-grade and below-grade other structures; Basement (unfinished)

Interior

• Bedrooms: Four bedrooms on the first upper level; One bedroom on the second upper level
• Bathrooms: One full bathroom (all upper levels)
• Heating & cooling: Radiator heating; Electric heating fuel; Natural gas hot water
• Interior features: Living room; Dining room; Family room; Mud room

What this means for you Summary

Snapshot

• This is a 5-bed/1.0-bath single-family listed at $210k.

Deal economics

• At list price, monthly cash flow is $750 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $210k).
• Cap rate 10.6% vs local median 5.3% in Parkville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 77/100 on livability (#77 in MD, #2,839 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: schools F, crime F.
• Baltimore County Public Schools (suburban): math 15% / reading 34% proficiency, ranked #11 of 24 in MD (top 46%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising fast (+6.7%/yr); 225 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,511 units permitted in Baltimore County in 2024 (643 in 5+ unit buildings).
• This rent runs 39% of the median local income ($84k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Baltimore County population projected at +12% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 6.7% rent growth), your $59k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $50k; list at $210k implies a 320% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1918 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $210,000

Questions for the listing agent

1. Built in 1918 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.30% ✓
• Cap rate: 10.58%
• Cash-on-cash: 15.31%
• DSCR: 1.68
• GRM: 6.4

CMA / ARV

• ARV (on-the-fly): $337,120
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3010 Linwood Ave	0.20mi	4/2.5 (-1)	1,518 (+1%)	17mo	$340,000	$224	64
3025 Woodside Ave	0.42mi	4/2.5 (-1)	1,440 (-4%)	3mo	$325,000	$226	60
3203 Glendale Ave	0.42mi	4/2.5 (-1)	1,582 (+5%)	7mo	$305,000	$193	55
2812 Bauernwood Ave	0.60mi	4/3.0 (-1)	1,533 (+2%)	8mo	$370,000	$241	50
2906 Inglewood Ave	0.61mi	5/2.5	1,592 (+6%)	9mo	$317,000	$199	48
2717 Glendale Rd	0.33mi	4/3.0 (-1)	1,391 (-8%)	13mo	$377,500	$271	48
3103 Glendale Ave	0.33mi	4/2.0 (-1)	1,400 (-7%)	19mo	$160,000	$114	48
3101-H Texas Ave	0.53mi	4/1.0 (-1)	1,368 (-9%)	10mo	$300,000	$219	47
7908 Aiken Ave	0.59mi	4/2.0 (-1)	1,652 (+10%)	8mo	$299,999	$182	41
3302 Garnet Rd	0.58mi	4/2.0 (-1)	1,709 (+14%)	3mo	$385,000	$225	38
2904 Rosalie Ave	0.51mi	4/2.0 (-1)	1,302 (-14%)	11mo	$300,000	$230	35
7717 Westmoreland Ave	0.74mi	4/3.0 (-1)	1,718 (+14%)	6mo	$300,000	$175	24

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 6.68% rent growth · sell at horizon

5-year hold

• IRR: 10.0%
• Equity multiple: 1.41×
• Total profit: $24,250
• Equity at exit: $31,312

10-year hold

• IRR: 21.9%
• Equity multiple: 3.20×
• Total profit: $129,114
• Equity at exit: $18,157

Cash invested: $58,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 27 Tenant-Leaning
• State Maryland: 27 Tenant-Leaning · D+14
• County: — inherits STATE
• City: — inherits STATE

Failure-to-pay is dismissed if cured before judgment; Baltimore has just-cause; strict deposit rules.

Methodology + full state rankings →

ZIP-level market 21234

• Rents YoY: 6.7%
• Active inventory: 225
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $2,731 high
• Mortgage (P&I): −$1,101
• Tax from tax record: −$219 /mo · $2,622/yr
• Insurance: −$88
• HOA: −$0
• Vacancy / Maint / Mgmt: −$574
• Net cashflow: $750

Break-even live

Break-even rent $1,781

Max offer price $210,000

Occupancy floor 68%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $52,500
• Closing costs: $6,300
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2912 Hillcrest Ave Parkville, MD	5.0	2.0	1648	$2,900	$1.76	43d	1	0.17mi
2518 Moore Ave Parkville, MD	4.0	1.5	1896	$2,700	$1.42	43d	1	0.76mi
8503 Kings Ridge Rd Parkville, MD	4.0	2.0	1200	$2,100	$1.75	4d	1	0.92mi
5 Belhaven Dr Nottingham, MD	4.0	1.5	1554	$2,000	$1.29	43d	1	1.33mi
8768 Cimarron Cir Parkville, MD	4.0	1.5	1752	$2,395	$1.37	23d	1	1.41mi
6504 Rosemont Ave Baltimore, MD	5.0	3.0	2098	$2,900	$1.38	43d	1	1.44mi

Listing history 8 events

1. 2026-06-04
   status $210,000 Pending 11 DOM
2. 2026-06-02
   remarks 317-char remark
3. 2026-06-02
   days on market $210,000 Active 11 DOM
4. 2026-06-01
   days on market $210,000 Active 10 DOM
5. 2026-05-31
   days on market $210,000 Active 9 DOM
6. 2026-05-23
   listed $210,000 Active
7. 2026-05-22
   historical $210,000
8. 1991-02-28
   soldstatus $50,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MD · Partial reset (capped growth)

• Current annual tax: $2,622 · $219/mo
• Projected year-2 tax: $2,622 · $219/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥104°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $32,772
• − Mortgage interest: −$11,763
• − Property taxes: −$2,622
• − Insurance: −$1,050
• − Repairs & maintenance: −$2,622
• − Management: −$2,622
• − Depreciation: −$6,109
• Taxable income: $5,984
• Est. tax owed @ 24.0%: −$1,436
• After-tax cash flow: $7,566/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Baltimore County Public Schools
• NCES district ID: 2400120
• Math proficiency: 15% ▼ -16.00%
• Reading proficiency: 34% ▼ -5.00%
• Median HH income: $66,746
• Composite: 23.17/100
• National rank: #7948
• State rank: #11 of 24 in MD

Livability — Parkville

• Score: 77/100
• State rank: #77
• US rank: #2839

Category grades

Amenities A- Commute A+ Cost of living B Crime F Employment B+ Housing A+ Health & safety A+ User ratings C

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Parkville, MD
• County: Baltimore County · 769,527 people
• City population: 66,334
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 66,334
• Household income: $83,517
• Rent vs Own: 35.5% rent · 64.5% own
• Severe rent burden: 2719.0

Population outlook (Baltimore County) Hauer SSP2

• Today (2025): 885,518 people
• By 2030: 909,272 · +2.7%
• By 2040: 951,547 · +7.5%
• By 2050: 990,955 · +11.9%
• By 2075: 1,086,411 · +22.7%
• By 2100: 1,135,078 · +28.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 58% Black 28% Asian 5% Hispanic / Latino 5% Two or more races 5%
• Common ancestry: Romanian 5% Lithuanian 1% Italian 1%
• Foreign-born: 10% · Canada, China, South Korea
• Languages at home: 89% English-only · Spanish 3% Other Indo-European 2% Tagalog/Filipino 1%

Political lean MEDSL · Baltimore

• 2024 margin: Strong D (+24.5) · D 61.0% · R 36.5% · Other 2.5%
• 2008→2024 swing: +9.9pp toward D · 2008: 14.6pp · 2024: 24.5pp
• All cycles: 2024: D+24.5 2020: D+27.0 2016: D+17.4 2012: D+16.4 2008: D+14.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -247.04%
• Current HPI: 254.3824
• Rent YoY: ▲ 6.68%
• Metro: Baltimore-Columbia-Towson, MD
• State GDP YoY: ▲ 2.97%
• F500 in state: 12

Industry mix (Fortune 500 HQ in MD)

Industry	F500 HQs	Revenue
▸Aerospace / Defense	1	$71B
▸Utilities	1	$25B
▸Hotels	1	$24B
▸Consumer Goods	1	$7B
▸Real Estate	1	$6B
▸Chemicals	1	$2B

Price history

+320.0% since first listed

3 events — show timeline

• 2026-05-23 Listed $210,000 BRIGHT MLS
• 2026-05-22 Coming Soon $210,000 BRIGHT MLS
• 1991-02-28 Sold (Public Records) $50,000 Public Records

Property tax history

+2.9%/yr

Latest (2025): $2,622 · +4.3% YoY. Source: county tax records.