Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and lot size. Assessed value of $203,500 appears below market.
3-Bed Cape Cod with Expansion Potential in Anneslie
741 Overbrook Road is a compact Cape Cod built in 1928, offering three bedrooms and one bathroom across approximately 920 square feet on a 0.11-acre (4,792 sq ft) lot in the Anneslie neighborhood. The property sits on a level parcel with standard frontage on Overbrook Road and includes an attached single-car garage and driveway access. Assessor records and market research identify wood-frame construction, an asphalt shingle roof, and central air conditioning with forced-air gas heating.
The home is single-story and described in public records as having an unfinished basement, which presents a straightforward path for adding finished living area or storage. Condition is listed as average; the property has been owner-occupied since the 2019 purchase and the tax record shows an assessed total value of $203,500 for 2025. Recorded sale history includes a 2019 arm’s-length purchase for $135,000.
Local market context is supportive of renovation-driven value: three nearby comparable sales within 0.5 miles were used in the sales-comparison analysis, producing an estimated value range of $250,000–$275,000 and a midpoint estimate of $262,500 ($285/sq ft). Market indicators in Anneslie show limited inventory (about 2.5 months), an average days-on-market near 30, and appreciation of roughly 5% over the past year and 25% over five years. The property lies within walking distance of highly-rated public schools and is 1.2–1.5 miles from major retail and institutional anchors such as Towson University and Towson Town Center.
Documented opportunity notes highlight the property as a potential renovation target and investment opportunity given its scale, location, and unfinished basement. Key due-diligence items are flagged in the audit: confirm lot dimensions and boundaries, verify renovation permits, perform a professional home inspection, and assess roof condition. Public sources also indicate the property has been offered for sale by owner as of June 2026; interested parties should rely on primary records and on-site inspections to confirm current listing and condition before making decisions. Recommended renovation strategies in the research include modernizing interior systems and finishing the basement to add functional square footage and resale appeal.
See the properties helping shape the valuation.
Comparable sales
- 1,955 SF larger
- 2.5 additional bathrooms
- 3,587 SF larger lot
- 2 years newer
- 1,426 SF larger
- 1 additional bedroom
- 2.5 additional bathrooms
- 11,468 SF larger lot
- Same year built
- 1,485 SF larger
- 1 additional bedroom
- 1 additional bathroom
- 9,582 SF larger lot
- 4 years older
A 1928 cape cod on 0.11 acres.
Building
Site & utilities
Anneslie
Researched nearby locations
Location
741 Overbrook Road, Baltimore, Maryland 21228
Anneslie is a tree-lined residential neighborhood with a mix of early 20th-century homes and easy access to the York Road retail corridor. Local schools—Stoneleigh Elementary, Dumbarton Middle, and Towson High—are documented as highly rated and lie within walking distance, enhancing family appeal. The area offers convenient proximity to Towson Town Center (about 1.5 miles) and Towson University (about 1.2 miles) for shopping, dining, and student-driven rental demand. The neighborhood is primarily residential with nearby retail along York Road.
A factual market snapshot around 741 Overbrook Road.
Density Residential, 5.5 dwelling units per acre
Zoning
Research-indicated uses
- Single Family Residential
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- 380 SF larger
- 0.5 additional bathrooms
- 380 SF larger
What the research supports — and what is still worth verifying.
Key findings
- Listed for sale by owner at $275,000 as of June 2026
- Last sold in December 2019 for $135,000
- Assessed value of $203,500 for tax year 2025
- Comparable sales within 0.5 miles range from $250,000 to $275,000
- Located within 0.6 miles of Stoneleigh Elementary School (9/10 rating)
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify renovation permits were properly pulled
- Professional home inspection
- Roof condition assessment
What stands out about this property.
Interior Features
- 3 bedrooms
- 1 bathroom
- 920 sq ft gross living area
- single-story layout
- unfinished basement
- central air conditioning
- forced-air gas heating
- attached single-car garage
- asphalt shingle roof
- wood-frame construction
Sources & research confidence.
See where the property research came from and how confidence varies by field.