Homes/Maryland/Baltimore/502 East 23rd Street
CompCasa Property Analysis · single_family

502 East 23rd Street

1920 Semi‑Detached Home with Recent Renovations in Charles Village

3-bed, 2-bath Charles Village property near Johns Hopkins University

3 beds2 baths1,500 sq ftBuilt 19200.057 acres
CompCasa valuation analysis
Estimated market value
$230,000
Low $220,000 · Midpoint $230,000 · High $240,000
Confidence80%Sales comparison approach
Last recorded sale$180,000Apr 15, 2020
Assessed value$200,0002025 assessment
CompCasa estimate$230,000Sep 23, 2026
Estimate vs. last recorded sale+$50,000 / +27.8%
$220,000$230,000 midpoint$240,000
Price / sq ft$153
Median sale price$215,000
Avg days on market45 days
Inventory3 months

Estimated using sales comparison with similar properties sold recently in Charles Village. No significant luxury features observed to adjust further.

About the property

1920 Semi‑Detached Home with Recent Renovations in Charles Village

Located on East 23rd Street in Baltimore’s Charles Village, this semi‑detached, wood‑frame home dates to 1920 and offers a mix of period character and recent interior updates. The property provides approximately 1,500 square feet across two stories, with three bedrooms and two bathrooms. Its standard city lot—about 2,500 square feet—places the house on a level parcel with typical frontage on East 23rd Street.

Interior improvements documented in the research include hardwood floors and a recently refurbished kitchen, along with updated utilities. The home is served by central air conditioning and forced‑air heating; an unfinished basement provides storage and scope for future work. The composite shingle roof and general condition are noted as “good,” reflecting recent renovation activity that has modernized systems while retaining the building’s early‑20th‑century footprint.

On‑site access is from East 23rd Street and parking is primarily street‑based; the property’s parking notes indicate one estimated street space. Ownership records show the current owners, James and Lisa Johnson, purchased the property in 2020 and occupy it as their primary residence. For investors or owner‑occupants considering rental potential, market rental modeling estimates monthly rent at roughly $1,600 (about $1.07 per square foot), with research noting strong rental demand in the area because of proximity to Johns Hopkins University.

Charles Village’s mix of residential and commercial activity, nearby parks, and institutional anchors underpin steady local demand. Zoning is R‑6 (rowhouse residential), which supports single‑family use and also allows duplexes and accessory dwelling units under local regulations—offering flexibility for certain buyers. The immediate market shows roughly three months of inventory and an average of about 45 days on market, while longer‑term data indicate neighborhood appreciation over recent years. Buyers and investors should still verify property specifics with primary records and a professional inspection, particularly given the home’s 1920 construction date and typical urban parking limits.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$225,000
Property address531 East 24th Street, Baltimore, MD 21218
3 bed2 bath1,500 sq ftBuilt 19250.1 mi2,500 sq ft lot$150/SF
Sold Dec 1, 2025
Subject difference
  • Same living area
  • Similar lot size
  • 5 years newer
Research comparison noteSimilar renovations, close proximity, and size.
02Sold price$235,000
Property address4905 Greenmount Avenue, Baltimore, MD 21218
3 bed2 bath1,500 sq ftBuilt 19180.3 mi2,600 sq ft lot$157/SF
Sold Nov 20, 2025
Subject difference
  • Same living area
  • Similar lot size
  • 2 years older
Research comparison noteSlightly larger lot, similar condition.
Comp methodology: Comparable sales and rentals focused on similar property types and conditions within Charles Village for accuracy.
Property details

A 1920 semi detached on 0.06 acres.

Building

Year built1920
ConstructionWood Frame
RoofComposite Shingle
Heatingforced air
Coolingcentral AC

Site & utilities

Lot size0.057 acres
Stories2
ConditionGood
BasementUnfinished
FireplaceNo
Improvement notes3 bedrooms, 2 bathrooms, recent interior renovations, hardwood floors.
Lot area2,500 sq ft
TopographyLevel
FrontageStandard frontage on East 23rd Street
ParkingStreet Parking
Parking spaces1
Parking notesStreet parking available
AccessPrimary access from East 23rd Street
WaterMunicipal
SewerMunicipal
ElectricBaltimore Gas And Electric
GasNatural Gas
Location & nearby

Charles Village

Researched nearby locations

Johns Hopkins University (2 mi)
Wyman Park Dell (1 mi)

Location

502 East 23rd Street, Baltimore, MD 21218

View in Google Maps
Editorial neighborhood context

Charles Village combines a mix of historic residential fabric and nearby commercial corridors, with Greenmount Avenue roughly 0.2 miles away. The neighborhood is within easy reach of Johns Hopkins University (about 2 miles) and Wyman Park Dell (about 1 mile), offering cultural and outdoor amenities. Local schools referenced in research include Baltimore Polytechnic Institute, Baltimore Leadership School for Young Women, and Barclay Elementary; the area is part of Baltimore City Public Schools. Adjacent uses are residential and commercial, creating an active urban setting favored by students, faculty, and long‑term residents.

Nearby access summary

Wyman Park Dell is about one mile away and provides nearby green space and walking trails; additional local parks and campus open spaces are within short driving or biking distance.

ElementaryBarclay Elementary School (5/10)
Middle schoolBaltimore Leadership School for Young Women (6/10)
High schoolBaltimore Polytechnic Institute (7/10)
School districtBaltimore City Public Schools
Market context

A factual market snapshot around 502 East 23rd Street.

Median sale price$215,000
Avg days on market45 days
Inventory3 months
1-year appreciation4.5%
5-year appreciation20.0%
Zoning & land use

Rowhouse Residential

Zoning

Zoning codeR-6
DescriptionRowhouse Residential
JurisdictionCity of Baltimore
Assessor useResidential
Current useResidential
SetbacksRefer to Baltimore zoning regulations for specifics.

Research-indicated uses

  • Single Family
  • Duplex
  • Accessory Dwelling Unit
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$50,000
Assessed improvements$150,000
Total assessed$200,000
Assessment year2025
Annual property tax$2,800
Tax year2025

Sale history

2020-04-15$180,000 · $120/SF
2012-09-12$150,000 · $100/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$1,650/mo
Property address607 East 22nd Street, Baltimore, MD 21218
3 bed2 bath1,500 sq ft$1.1/SF
Leased Aug 1, 2025
Subject difference
  • Same living area
Research comparison noteComparable layout and location.
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Property last sold for $180,000 in 2020.
  • Currently assessed at $200,000.
  • Zoned R-6, allowing for residential and light commercial use.
  • Located 2 miles from Johns Hopkins University.

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Verify recent renovation permits
  • Review zoning and land use restrictions
  • Professional home inspection for structural review
Highlights & features

What stands out about this property.

Interior Features

  • 3 bedrooms
  • 2 bathrooms
  • Approximately 1,500 sq ft (gross building area)
  • Hardwood floors
  • Recently refurbished kitchen
  • Updated utilities
  • Central air conditioning
  • Forced‑air heating
  • Unfinished basement
  • Two stories
  • Composite shingle roof
  • Wood‑frame construction (built 1920)
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Baltimore City Property Tax RecordsView source
2
MLS data for Baltimore Charles VillageView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.