1923 Gwynn Oak · Woodlawn, MD 21207

$299,900

4 bd · 2.0 ba · 1,596 sqft · SingleFamily public records · 13 Days on market

Built 1930 10,045 sqft lot Est $348k · 14% under

---

Why this score? — see what drove the D+ 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).

• ARV discount +13.7/15.0
• Appreciation +9.8/10.0
• Cash flow +8.0/30.0
• Livability +3.9/5.0
• Rent growth +3.8/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• DSCR +2.1/10.0
• 1% rule +2.0/10.0

Listing remarks MLS

FURNACE WILL BE REPLACED! Home Sold Strictly As-Is. GR verified by buyer, seller will not redeem. All lender required repairs made by buyer. Up to 3.5% Closing with seller approved contract. Seller exempt from Docs/Stamps, buyer pays all. All offers must include proof of funds and min $1,000 deposit in certified funds held by LB.

Key facts

• 0.23 acre lot
• Built 1930
• Listed 13 days

Property features AI

Finance

• Other: Fee simple ownership

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Electric service
• Home design: Detached structure; Combination construction materials
• Construction: Above-grade living space; Above grade finished area approximately 1,248; Foundation: Other
• Exterior features: Porch(es); No tidal water

Interior

• Bedrooms: Three bedrooms on the first upper level; One bedroom on the second upper level
• Bathrooms: Two full bathrooms (one on first upper level, one on second upper level)
• Heating & cooling: Radiator heating fueled by natural gas; Ceiling fan cooling (electric); Electric hot water
• Interior features: Estimated living area; One fireplace; Partially finished basement
• Laundry & utility: Laundry room

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $300k.

Deal economics

• At list price, monthly cash flow is $-304 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $246k (17.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $210k (30.1% below list).
• Recommended offer: $210k (30.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 77/100 on livability (#78 in MD, #2,926 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, employment A-; Watch: amenities D+, 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 (+5.2%/yr); 132 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 1,511 units permitted in Baltimore County in 2024 (643 in 5+ unit buildings).
• This rent runs 38% of the median local income ($67k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $31k of equity ($2k loan paydown + $28k appreciation (9.5% local appreciation)).
• Baltimore County population projected at +12% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• By year 2, paydown + projected appreciation supports a ~$49k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 10 sale attempts since 16y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $113k; list at $300k implies a 166% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $209,727 (30.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. 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?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. 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.
8. 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.
9. 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: 0.70% ✗
• Cap rate: 5.08%
• Cash-on-cash: -4.34%
• DSCR: 0.81
• GRM: 11.9

CMA / ARV

• ARV (on-the-fly): $347,928
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2003 Englewood Ave	0.14mi	3/2.0 (-1)	1,658 (+4%)	0mo	$350,000	$211	82
2031 Englewood Ave	0.21mi	4/2.5	1,650 (+3%)	14mo	$360,000	$218	71
1900 Hillcrest Rd	0.20mi	4/2.5	1,538 (-4%)	21mo	$325,000	$211	65
1929 Englewood Ave	0.14mi	3/1.5 (-1)	1,767 (+11%)	6mo	$239,000	$135	64
3 Northland Rd	0.42mi	3/1.5 (-1)	1,573 (-1%)	11mo	$306,000	$195	62
2127 Southland Rd	0.41mi	4/3.0	1,706 (+7%)	14mo	$405,000	$237	54
11 Summerfield Rd	0.34mi	3/2.0 (-1)	1,460 (-8%)	14mo	$270,000	$185	53
6721 Valley Creek Dr	0.66mi	4/2.5	1,560 (-2%)	13mo	$360,000	$231	52
2619 Poplar Dr	0.68mi	3/2.0 (-1)	1,677 (+5%)	11mo	$370,000	$221	46
6725 Brookmont Dr	0.72mi	3/1.5 (-1)	1,536 (-4%)	17mo	$320,000	$208	39
6621 Dogwood	0.59mi	3/1.0 (-1)	1,416 (-11%)	11mo	$330,000	$233	35
1836 Colmar Rd	0.74mi	3/3.0 (-1)	1,727 (+8%)	14mo	$405,000	$235	31

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

Projected returns pro-forma

9.5% appreciation · 5.23% rent growth · sell at horizon

5-year hold

• IRR: 20.7%
• Equity multiple: 2.65×
• Total profit: $138,546
• Equity at exit: $259,296

10-year hold

• IRR: 19.4%
• Equity multiple: 6.14×
• Total profit: $431,357
• Equity at exit: $547,997

Cash invested: $83,972 (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 21207

• Home prices YoY: 1.1%
• Rents YoY: 5.2%
• Active inventory: 132
• Price-to-rent: 11.9×

Monthly cashflow live

• Estimated rent: $2,097 high
• Mortgage (P&I): −$1,573
• Tax from tax record: −$263 /mo · $3,153/yr
• Insurance: −$125
• HOA: −$0
• Vacancy / Maint / Mgmt: −$440
• Net cashflow: $-304

Break-even live

Break-even rent $2,482

Max offer price $246,270

Occupancy floor —

Sensitivity live

Price	-10% $-134	-5% $-219	+0% $-304	+5% $-388	+10% $-473
Rent	-10% $-469	-5% $-386	+0% $-304	+5% $-221	+10% $-138
Rate	-1.0pp $-153	-0.5pp $-227	base $-304	+0.5pp $-381	+1.0pp $-460

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: $74,975
• Closing costs: $8,997
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6330 Windsor Mill Rd Woodlawn, MD	3.0	1.0	1200	$1,600	$1.33	45d	1	0.27mi
6463 Woodgreen Cir Gwynn Oak, MD	3.0	2.5	1230	$1,900	$1.54	19d	1	0.91mi
2 Walden Birch Ct Woodlawn, MD	3.0	1.5	1022	$1,792	$1.75	6d	1	1.10mi
5215 Muth Ave Gwynn Oak, MD	3.0	3.0	1205	$2,700	$2.24	16d	1	1.12mi
4998 W Forest Park Ave Baltimore, MD	3.0	1.0–2.0	790	$1,875	$2.37	16d	15	1.17mi
6301 Linus Dr Gwynn Oak, MD	4.0	3.0	1976	$3,495	$1.77	45d	1	1.23mi
5136 Oaklawn Rd Gwynn Oak, MD	1.0–3.0	1.0	896	$1,710	$1.91	3d	22	1.29mi
6226 Robin Hill Rd Gwynn Oak, MD	3.0	1.5	1140	$2,850	$2.50	17d	1	1.46mi
3535 Flannery Ln Gwynn Oak, MD	3.0	1.5	1536	$2,000	$1.30	45d	1	1.47mi

Listing history 32 events

1. 2026-04-29
   status Pending
2. 2026-04-17
   listed $299,900 Active
3. 2026-04-08
   historical $299,900
4. 2024-12-13
   historical $1,750
5. 2024-12-09
   listed $1,750
6. 2024-12-08
   historical $1,750
7. 2024-12-07
   listed $1,750
8. 2024-12-07
   historical $1,750
9. 2024-12-06
   historical
10. 2024-11-28
    price $309,900
11. 2024-11-12
    listed $319,900 Active
12. 2024-11-11
    historical
13. 2024-10-26
    price $1,750
14. 2024-10-17
    price $1,850
15. 2024-09-25
    listed $1,950
16. 2023-09-06
    historical $2,100
17. 2023-09-02
    listed $2,100
18. 2023-08-08
    historical $2,100
19. 2023-07-28
    listed $2,100
20. 2010-12-08
    historical 331-char remark

    Show marketing remark (331 chars)

    FURNACE WILL BE REPLACED! Home Sold Strictly As-Is. GR verified by buyer, seller will not redeem. All lender required repairs made by buyer. Up to 3.5% Closing with seller approved contract. Seller exempt from Docs/Stamps, buyer pays all. All offers must include proof of funds and min $1,000 deposit in certified funds held by LB.

21. 2010-12-06
    soldstatus $112,900 Sold 331-char remark

    Show marketing remark (331 chars)

    FURNACE WILL BE REPLACED! Home Sold Strictly As-Is. GR verified by buyer, seller will not redeem. All lender required repairs made by buyer. Up to 3.5% Closing with seller approved contract. Seller exempt from Docs/Stamps, buyer pays all. All offers must include proof of funds and min $1,000 deposit in certified funds held by LB.

22. 2010-12-06
    soldstatus $112,900

    Show marketing remark (331 chars)

    FURNACE WILL BE REPLACED! Home Sold Strictly As-Is. GR verified by buyer, seller will not redeem. All lender required repairs made by buyer. Up to 3.5% Closing with seller approved contract. Seller exempt from Docs/Stamps, buyer pays all. All offers must include proof of funds and min $1,000 deposit in certified funds held by LB.

23. 2010-10-18
    status Contract 331-char remark

    Show marketing remark (331 chars)

    FURNACE WILL BE REPLACED! Home Sold Strictly As-Is. GR verified by buyer, seller will not redeem. All lender required repairs made by buyer. Up to 3.5% Closing with seller approved contract. Seller exempt from Docs/Stamps, buyer pays all. All offers must include proof of funds and min $1,000 deposit in certified funds held by LB.

24. 2010-10-17
    historical
25. 2010-09-29
    price $115,000 331-char remark

    Show marketing remark (331 chars)

    FURNACE WILL BE REPLACED! Home Sold Strictly As-Is. GR verified by buyer, seller will not redeem. All lender required repairs made by buyer. Up to 3.5% Closing with seller approved contract. Seller exempt from Docs/Stamps, buyer pays all. All offers must include proof of funds and min $1,000 deposit in certified funds held by LB.

26. 2010-09-23
    status Active 331-char remark

    Show marketing remark (331 chars)

    FURNACE WILL BE REPLACED! Home Sold Strictly As-Is. GR verified by buyer, seller will not redeem. All lender required repairs made by buyer. Up to 3.5% Closing with seller approved contract. Seller exempt from Docs/Stamps, buyer pays all. All offers must include proof of funds and min $1,000 deposit in certified funds held by LB.

27. 2010-07-21
    status Contract 331-char remark

    Show marketing remark (331 chars)

    FURNACE WILL BE REPLACED! Home Sold Strictly As-Is. GR verified by buyer, seller will not redeem. All lender required repairs made by buyer. Up to 3.5% Closing with seller approved contract. Seller exempt from Docs/Stamps, buyer pays all. All offers must include proof of funds and min $1,000 deposit in certified funds held by LB.

28. 2010-07-16
    price $134,900 331-char remark

    Show marketing remark (331 chars)

    FURNACE WILL BE REPLACED! Home Sold Strictly As-Is. GR verified by buyer, seller will not redeem. All lender required repairs made by buyer. Up to 3.5% Closing with seller approved contract. Seller exempt from Docs/Stamps, buyer pays all. All offers must include proof of funds and min $1,000 deposit in certified funds held by LB.

29. 2010-06-04
    listed $144,900 Active 331-char remark

    Show marketing remark (331 chars)

    FURNACE WILL BE REPLACED! Home Sold Strictly As-Is. GR verified by buyer, seller will not redeem. All lender required repairs made by buyer. Up to 3.5% Closing with seller approved contract. Seller exempt from Docs/Stamps, buyer pays all. All offers must include proof of funds and min $1,000 deposit in certified funds held by LB.

30. 2010-06-04
    listed $115,000

    Show marketing remark (331 chars)

    FURNACE WILL BE REPLACED! Home Sold Strictly As-Is. GR verified by buyer, seller will not redeem. All lender required repairs made by buyer. Up to 3.5% Closing with seller approved contract. Seller exempt from Docs/Stamps, buyer pays all. All offers must include proof of funds and min $1,000 deposit in certified funds held by LB.

31. 1994-08-09
    soldstatus $83,000
32. 1992-03-04
    soldstatus $85,750

ⓘ 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: $3,153 · $263/mo
• Projected year-2 tax: $3,211 · $268/mo
• Expected delta: +$58/yr (+$5/mo · 1.8%)

ⓘ 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 6/10 Major 7 d/yr ≥104°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 18% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,167
• − Mortgage interest: −$16,799
• − Property taxes: −$3,153
• − Insurance: −$1,500
• − Repairs & maintenance: −$2,013
• − Management: −$2,013
• − Depreciation: −$8,724
• Taxable loss: −$9,036
• Est. tax savings @ 24.0%: +$2,169
• After-tax cash flow: $-1,475/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 — Woodlawn

• Score: 77/100
• State rank: #78
• US rank: #2926

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Woodlawn, MD
• County: Baltimore County · 769,527 people
• City population: 588,727
• Metro: Baltimore-Columbia-Towson, MD
• Population (ZIP): 47,099
• Household income: $67,060
• Rent vs Own: 39.3% rent · 60.7% own
• Severe rent burden: 2139.0

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: Predominantly Black (78%)
• Race & ethnicity: Black 78% White 8% Hispanic / Latino 7% Two or more races 5% Asian 3%
• Hispanic origin (detail): Puerto Rican 1%
• Common ancestry: Swedish 1%
• Foreign-born: 13% · Canada, Philippines, South Korea
• Languages at home: 86% English-only · Spanish 4% French/Haitian/Cajun 1% Other Asian/Pacific 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: ▲ 9.50%
• Current HPI: 843.63
• Rent YoY: ▲ 5.23%
• 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

+249.7% since first listed

32 events — show timeline

• 2026-04-29 Pending — BRIGHT MLS
• 2026-04-17 Listed $299,900 BRIGHT MLS
• 2026-04-08 Coming Soon $299,900 BRIGHT MLS
• 2024-12-13 Rental Removed $1,750 RENTALBEAST
• 2024-12-09 Listed for Rent $1,750 RENTALBEAST
• 2024-12-08 Rental Removed $1,750 BUILDIUM
• 2024-12-07 Listed for Rent $1,750 BUILDIUM
• 2024-12-07 Rental Removed $1,750 BRIGHTMLS
• 2024-12-06 Listing Removed — BRIGHT MLS
• 2024-11-28 Price Changed $309,900 BRIGHT MLS
• 2024-11-12 Listed $319,900 BRIGHT MLS
• 2024-11-11 Coming Soon — BRIGHT MLS
• 2024-10-26 Price Changed $1,750 BRIGHTMLS
• 2024-10-17 Price Changed $1,850 BRIGHTMLS
• 2024-09-25 Listed for Rent $1,950 BRIGHTMLS
• 2023-09-06 Rental Removed $2,100 RENT.
• 2023-09-02 Listed for Rent $2,100 RENT.
• 2023-08-08 Rental Removed $2,100 RENT.
• 2023-07-28 Listed for Rent $2,100 RENT.
• 2010-12-08 Delisted — MRIS
• 2010-12-06 Sold (MLS) $112,900 BRIGHT MLS
• 2010-12-06 Sold (MLS) $112,900 MRIS
• 2010-10-18 Pending — MRIS
• 2010-10-17 Listing Removed — BRIGHT MLS
• 2010-09-29 Price Changed $115,000 MRIS
• 2010-09-23 Relisted — MRIS
• 2010-07-21 Pending — MRIS
• 2010-07-16 Price Changed $134,900 MRIS
• 2010-06-04 Listed $144,900 MRIS
• 2010-06-04 Listed $115,000 BRIGHT MLS
• 1994-08-09 Sold (Public Records) $83,000 Public Records
• 1992-03-04 Sold (Public Records) $85,750 Public Records

Property tax history

+4.2%/yr

Latest (2025): $3,153 · +19.2% YoY. Source: county tax records.