NOT LISTED FOR SALE

1012 Adams Ave Unit 2D Salisbury, MD 21804

Presidents-Princeton Neighborhood

Estimated Value: $83,000 - $116,000

2 Beds
1 Bath
918 Sq Ft
$240/ mo HOA Fee

Last Sold October 28, 2022

Last sale price $60,000 $65 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $794/month

7 Days on Market

Highlights

  • View of Trees or Woods
  • Cooling Available
  • Heat Pump System

About This Home

As of October 2022

Investor alert! Priced to sell with a current tenant and lease through August 2023 paying $900 a month. Unit has large master bedroom, remodeled bathroom 2022, and new hot water heater 2020. No interior photos due to tenant occupied. Exterior vestibule has been recently painted. Unit close to Salisbury University, Salisbury city zoo, shopping, food, and entertainment district. Could be a package deal with similar unit call for details. (1024 Adams Ave #2D)

Last Agent to Sell the Property

Melissa Burns

(443) 978-3330 mlbrealtor@gmail.com Long & Foster Real Estate, Inc. License #629203 Listed on: 09/06/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Gaije Hallstrom

(410) 524-6400 lwbunting@comcast.net Keller Williams Realty Delmarva License #674211

Keller Williams Realty Delmarva

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $863

Year Built

  • Built in 1973

Lot Details

  • 1

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 918 Sq Ft Home
  • Property has 1 Level
  • Views of Woods
  • Laundry on lower level

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 103
  • Assessor Parcel Number 2313055033

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance
  • Low-Rise Condominium
  • Crosswinds CM Subdivision
  • Property Manager

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$863

Year Built

Built in 1973

Lot Details

1 Acres

HOA Fees

$240 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Stove, Water Heater, Refrigerator
  • Entry Floor: 2
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common, Lower Floor
  • Total Sq Ft: 918
  • Living Area Sq Ft: 918
  • Price Per Sq Ft: 81.59
  • Above Grade Finished Sq Ft: 918
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 240.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Zoning: R5A
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5363491
  • Tax Annual Amount: 863.00
  • Assessor Parcel Number: 2313055033
  • Tax Lot: 103
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Oct 28, 2022
Sold by
Roxana Genesis Llc
Bought by
Patel Jesal P
Seller's Agent
Melissa Burns
Long & Foster Real Estate, Inc.
Buyer's Agent
Gaije Hallstrom
Keller Williams Realty Delmarva
List Price
$74,900
Sold Price
$60,000
Premium/Discount to List
-$14,900
-19.89%
Views
15
Current Estimated Value
$99,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,184
Avg. Annual Appreciation
16.45%
Original Mortgage
$84,000
Outstanding Balance
$77,080
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$22,105

Purchase Details

Closed on
Dec 17, 2019
Sold by
Arthur Damien and Estate Of Christopher Burke
Bought by
Roxana Genesis Llc

Purchase Details

Closed on
May 28, 2010
Sold by
White Margaret S
Bought by
Burke Christopher
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patel Jesal P $120,000 First American Title
Patel Jesal P $120,000 First American Title
Roxana Genesis Llc $29,870 Delmarva Title Co
Burke Christopher $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Jesal P $84,000
Closed Patel Jesal P $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2022 10/28/22 Sold $60,000 -19.9% $65 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $74,900 -- $82 / Sq Ft
Source: Bright MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $532 $58,233 $0 $0
2024 $413 $43,100 $12,900 $30,200
2023 $426 $43,100 $12,900 $30,200
2022 $439 $43,100 $12,900 $30,200
2021 $469 $45,900 $13,700 $32,200
2020 $473 $45,900 $13,700 $32,200
2019 $480 $45,900 $13,700 $32,200
2018 $1,031 $47,700 $14,300 $33,400
2017 $982 $47,700 $0 $0
2016 -- $47,700 $0 $0
2015 $1,117 $49,500 $0 $0
2014 $1,117 $49,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Melissa Burns

    Long & Foster

    (443) 366-6389

    2 in this area

    9 Total Sales

    Melissa Burns
    Section Image
  • Gaije Hallstrom

    Buyer's Agent in 2022

    Gaije Hallstrom

    Keller Williams Realty Delmarva

    (443) 366-0321

    2 in this area

    5 Total Sales

    Gaije Hallstrom
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWC2006736

Bright MLS

APN: 13-055033

Maryland Wicomico County Salisbury 21804 Presidents-Princeton

1012 Adams Ave Unit 2D, Salisbury, MD

Not Listed for Sale

Condos

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