NOT LISTED FOR SALE

1026 Adams Ave Unit 2a Salisbury, MD 21804

Presidents-Princeton Neighborhood

Estimated Value: $83,000 - $113,000

2 Beds
1 Bath
918 Sq Ft
$230/mo HOA Fee

Last Sold March 07, 2023

Last sale price $95,000 $103 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $791/month

2 Days on Market

Highlights

  • Bathtub with Shower
  • Central Heating and Cooling System
  • Ceiling Fan
  • Luxury Vinyl Plank Tile Flooring
  • Combination Dining and Living Room
  • Dogs and Cats Allowed

About This Home

As of March 2023

Attention Investors! Take advantage of this amazing investment opportunity in Salisbury, Maryland. This recently listed condo has been completely renovated with high-end finishes and is located in a prime location near the University. This condo is sure to impress with its modern design and stylish touches.

The condo features two bedrooms and 1 bathroom and a spacious living area. The kitchen boasts brand-new appliances and a beautiful countertop that makes cooking and entertaining a breeze. The bedrooms are cozy and comfortable, with plenty of closet space. The bathrooms are elegantly designed and offer a cozy atmosphere.

This condo is perfect for someone looking to live near the university or as an investment property. With a rental potential of $1300-$1400 per month, this is a fantastic opportunity to earn passive income. The location is perfect for students or young professionals who want to be close to campus, shopping, and dining.

Don't wait; schedule your showing today and see for yourself why this condo is the perfect investment opportunity.

Last Agent to Sell the Property

Dustin Oldfather

(302) 249-5899 Dustin@TheOldfatherGroup.com Compass License #647315 Listed on: 02/14/2023

Compass

Co-Listed By

Jay Doaty

(484) 794-1263 jay@coastalresortsales.com Coastal Resort Sales and Rent License #RS-0026162

Last Buyer's Agent

Vernon Esham

vernon@vernoneshamhomes.com Esham Real Estate License #79838

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $863

Year Built

  • Built in 1973

Lot Details

  • 1

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 918 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Schools

  • Prince Street Elementary School
  • Bennett Middle School
  • James M. Bennett High School

Utilities

  • Central Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 2313042470

Community Details

Overview

  • Association fees include exterior building maintenance, laundry, lawn maintenance, sewer, water, trash, snow removal
  • Low-Rise Condominium
  • Crosswinds Condos
  • Crosswinds Condo Community
  • Crosswinds CM Subdivision
  • Property Manager

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$863

Year Built

Built in 1973

Lot Details

0

HOA Fees

$230 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
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-02-14
  • Federal Flood Zone: No
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Stove, Refrigerator, Dishwasher
  • Entry Floor: 2
  • Flooring Type: Carpet, Luxury Vinyl Plank
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Tub Shower
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 918
  • Living Area Sq Ft: 918
  • Price Per Sq Ft: 108.93
  • 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: Block
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump - Electric Backup
  • 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: 230.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Crosswinds
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Laundry, Lawn Maintenance, Sewer, Water, Trash, Snow Removal
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: PRINCE STREET SCHOOL
  • High School: JAMES M. BENNETT
  • Middle Or Junior School: BENNETT

Green Features

  • Clean Green Assessed: No

Lot Info

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

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5362690
  • Tax Annual Amount: 863.00
  • Assessor Parcel Number: 2313042470
  • Tax Lot: 101
  • 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
Feb 14, 2023
Closed on
Mar 2, 2023
Sold by
Loy Wayne
Bought by
Cer Investments Llc
Seller's Agent
Dustin Oldfather
Compass
Buyer's Agent
Vernon Esham
Esham Real Estate
List Price
$100,000
Sold Price
$95,000
Premium/Discount to List
-$5,000
-5%
Views
43
Current Estimated Value
$100,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,733
Avg. Annual Appreciation
2.24%

Purchase Details

Closed on
Nov 30, 2022
Sold by
Bradway Clinton G
Bought by
Loy Wayne

Purchase Details

Closed on
Apr 29, 2022
Sold by
Planzer Steven C
Bought by
E & J Properties Llc

Purchase Details

Closed on
May 7, 2013
Sold by
Kuhn Thomas and Estate Of Leonard J Rennenkamp
Bought by
Bradway Clinton G

Purchase Details

Closed on
Jul 5, 1979
Sold by
Small Fred W and Small Evelyn M
Bought by
Rennenkampf Leonard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
11.1%
Source: Public Records

Range of Values:

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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
Cer Investments Llc $95,000 Sage Title
Loy Wayne $105,000 Sage Title
Loy Wayne $105,000 Sage Title
E & J Properties Llc $85,000 None Listed On Document
Bradway Clinton G $48,000 None Available
Rennenkampf Leonard J $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rennenkampf Leonard J $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2023 03/07/23 Sold $95,000 -5.0% $103 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $100,000 -- $109 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $413 $58,233 $0 $0
2024 $413 $43,100 $12,900 $30,200
2023 $430 $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

  • Dustin Oldfather

    Seller's Agent in 2023

    Dustin Oldfather

    Compass

    (302) 249-5899

    5 in this area

    1,479 Total Sales

    Dustin Oldfather
    Section Image
  • Jay Doaty

    Seller Co-Listing Agent in 2023

    Jay Doaty

    Coastal Resort Sales and Rent

    (484) 794-1263

    6 in this area

    102 Total Sales

    Jay Doaty
    Section Image

  • V

    Buyer's Agent in 2023

    Vernon Esham

    Esham Real Estate

    1 in this area

    25 Total Sales

    Vernon Esham
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWC2008388

Bright MLS

APN: 13-042470

Maryland Wicomico County Salisbury 21804 Presidents-Princeton

1026 Adams Ave Unit 2a, Salisbury, MD

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