NOT LISTED FOR SALE

1026 Adams Ave Unit 2B Salisbury, MD 21804

Presidents-Princeton Neighborhood

Estimated Value: $57,561 - $72,000

1 Bed
1 Bath
729 Sq Ft
$205/mo HOA Fee

Last Sold April 26, 2022

Last sale price $37,000 $51 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $615/month

15 Days on Market

Highlights

  • City View
  • Porch
  • Laundry Facilities
  • Contemporary Architecture
  • Central Air
  • Vinyl Flooring

About This Home

As of April 2022

Best & Final by 5pm Tuesday 03/29/22!
Back to the market after renovations! Here in the lovely city of Salisbury you'll find this single bedroom condo unit. In-between the Salisbury Zoo & Salisbury University, and close to many nearby amenities. This property was previously rented out for $775/month . New HVAC system installed in 2020. A great addition to your rental portfolio for a very pretty price!
Schedule a showing today!

Last Agent to Sell the Property

Sinan Al-Smadi

Long & Foster Real Estate, Inc. Listed on: 03/14/2022

Last Buyer's Agent

Joshua Mason

Whitney-Wallace Commercial Real Estate Services, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $733

Year Built

  • Built in 1973

Lot Details

  • 1

HOA Fees

  • $205 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Built-Up Roof
  • Stick Built Home

Interior Spaces

  • 729 Sq Ft Home
  • Property has 4 Levels
  • Vinyl Flooring
  • City Views

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 104
  • Assessor Parcel Number 13-026513

Community Details

Overview

  • Association fees include common area maintenance, insurance, lawn care front, lawn care rear, management, sewer, snow removal, water
  • Low-Rise Condominium
  • Crosswind Cm Subdivision
  • Property Manager

Amenities

  • Common Area
  • Laundry Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$733

Year Built

Built in 1973

Lot Details

0

HOA Fees

$205 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Appliances
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Remarks Public: Best & Final by 5pm Tuesday 03/29/22! Back to the market after renovations! Here in the lovely city of Salisbury you'll find this single bedroom condo unit. In-between the Salisbury Zoo & Salisbury University, and close to many nearby amenities. This property was previously rented out for $775/month . New HVAC system installed in 2020. A great addition to your rental portfolio for a very pretty price! Schedule a showing today!
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Refrigerator
  • Entry Floor: 1
  • Flooring Type: Vinyl
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 4
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 729
  • Living Area Sq Ft: 729
  • Price Per Sq Ft: 58.98
  • Above Grade Finished Sq Ft: 729
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1026

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • 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: Stick Built, Frame, Brick
  • Roof: Built-Up
  • Spa: No
  • View: City
  • 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: 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: 205.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Laundry Facilities, Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Lawn Care Front, Lawn Care Rear, Management, Sewer, Snow Removal, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District: WICOMICO COUNTY PUBLIC SCHOOLS
  • School District Key: 121138751831
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: U
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 5361436
  • Tax Annual Amount: 733.00
  • Assessor Parcel Number: 13-026513
  • Tax Lot: 104
  • Tax Total Finished Sq Ft: 729
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 04/26/2022

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Jul 29, 2021
Sold by
Smiley Tracy A and Smiley Tina L
Bought by
Yonas Moses
Seller's Agent
Sara Pavlica
ERA Martin Associates
Buyer's Agent
Sinan Al-Smadi
Long & Foster Real Estate, Inc.
List Price
$55,000
Sold Price
$54,007
Premium/Discount to List
-$993
-1.81%
Total Days on Market
15
Current Estimated Value
$69,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,467
Avg. Annual Appreciation
8.20%

Purchase Details

Listed on
Feb 7, 2018
Closed on
Oct 17, 2018
Sold by
Fallon Joshua E and Drocella Tracey G
Bought by
Smiley Tracy A and Smiley Tina L
Seller's Agent
Courtney Wright
Keller Williams Realty Delmarva
Buyer's Agent
Sara Pavlica
ERA Martin Associates
List Price
$50,000
Sold Price
$38,000
Premium/Discount to List
-$12,000
-24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.48%

Purchase Details

Closed on
Dec 10, 2015
Sold by
G2m Investments Llc
Bought by
Fallon Joshua E and Drocella Tracey G

Purchase Details

Closed on
May 26, 2014
Sold by
Moore Charles R and Moore Brynn H
Bought by
G2m Investments Llc

Purchase Details

Closed on
Apr 14, 2014
Sold by
Schooner Properties Llc
Bought by
Moore Charles R and Moore Brynne H

Purchase Details

Closed on
Sep 17, 2012
Sold by
Ponting Doris M and Ponting Kurt P
Bought by
Kendall Ross Lee

Purchase Details

Closed on
Aug 7, 2008
Sold by
Adamopoulos Elise J
Bought by
Ponting Kurt P and Ponting Doris M

Purchase Details

Closed on
Jul 31, 2008
Sold by
Adamopoulos Elise J
Bought by
Ponting Kurt P and Ponting Doris M

Purchase Details

Closed on
Sep 28, 2000
Sold by
Adamopoulos Elias
Bought by
Adamopoulos Elise J

Purchase Details

Closed on
Sep 18, 2000
Sold by
Irie Properties Llc
Bought by
Adamopoulos Elias

Purchase Details

Closed on
Dec 29, 1997
Sold by
Sullivan Johnel and Sullivan Susan G
Bought by
Irie Properties Llc

Purchase Details

Closed on
Aug 31, 1994
Sold by
Webster Robert A
Bought by
Sullivan Johnel and Sullivan Susan G
Source: Public Records

Range of Values:

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Average Value
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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
Yonas Moses $54,007 Salisbury Maryland
Smiley Tracy A $38,000 Title Resources Guaranty Co
Fallon Joshua E $40,000 Attorney
G2m Investments Llc -- None Available
Moore Charles R -- None Available
Kendall Ross Lee $46,500 Delmarva Title
Ponting Kurt P $60,000 --
Ponting Kurt P $60,000 --
Adamopoulos Elise J -- --
Adamopoulos Elias $36,000 --
Irie Properties Llc $70,000 --
Sullivan Johnel $36,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Humble Abode Llc $48,800
Previous Owner Schooner Properties Llc $46,000
Closed Irie Properties Llc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Sold $37,000 -14.0% $51 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/25/2022 03/25/22 Price Changed $43,000 -33.8% $59 / Sq Ft
03/14/2022 03/14/22 For Sale $65,000 +20.4% $89 / Sq Ft
07/29/2021 07/29/21 Sold $54,007 -1.8% $74 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $55,000 +44.7% $75 / Sq Ft
10/17/2018 10/17/18 Sold $38,000 -5.0% $52 / Sq Ft
05/03/2018 05/03/18 Price Changed $40,000 -11.1% $55 / Sq Ft
04/10/2018 04/10/18 Price Changed $45,000 -10.0% $62 / Sq Ft
02/08/2018 02/08/18 For Sale $50,000 -- $69 / 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
2024 $328 $34,200 $10,200 $24,000
2023 $338 $34,200 $10,200 $24,000
2022 $348 $34,200 $10,200 $24,000
2021 $372 $36,400 $10,900 $25,500
2020 $375 $36,400 $10,900 $25,500
2019 $381 $36,400 $10,900 $25,500
2018 $796 $37,900 $11,300 $26,600
2017 $785 $37,900 $0 $0
2016 $887 $37,900 $0 $0
2015 $887 $39,300 $0 $0
2014 $887 $39,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sinan Al-Smadi

    Long & Foster

    Section Image
  • Joshua Mason

    Buyer's Agent in 2022

    Joshua Mason

    Whitney-Wallace Commercial Real Estate Services, LLC

    (443) 365-3519

    1 in this area

    2 Total Sales

    Section Image

  • S

    Seller's Agent in 2021

    Sara Pavlica

    ERA Martin Associates

    (410) 430-1901

    6 in this area

    79 Total Sales

    Section Image

  • C

    Seller's Agent in 2018

    Courtney Wright

    Keller Williams Realty Delmarva

    (410) 430-3754

    16 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDWC2004276

Bright MLS

APN: 13-026513

Maryland Wicomico County Salisbury 21804 Presidents-Princeton

1026 Adams Ave Unit 2B, Salisbury, MD

This home is located at 1026 Adams Ave Unit 2B, Salisbury, MD 21804 since 14 March 2022 and is currently estimated at $66,854, approximately $91 per square foot. This property was built in 1973. 1026 Adams Ave Unit 2B is a home located in Wicomico County with nearby schools including Prince Street Elementary School, Bennett Middle School, and James M. Bennett High School.

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