NOT LISTED FOR SALE

1101 S Schumaker Dr Unit 101 Salisbury, MD 21804

South Salisbury Neighborhood

Estimated Value: $75,000 - $108,000

1 Bed
1 Bath
723 Sq Ft
$1,130/mo HOA Fee

Last Sold November 06, 2019

Last sale price $40,000 $55 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,633/month

353 Days on Market

Highlights

  • Active Adult
  • Main Floor Bedroom
  • Forced Air Heating and Cooling System
  • Clubhouse
  • Balcony
  • Ceiling Fan

About This Home

As of November 2019

$5,000 Seller Credit! Come see this quaint 1 bedroom, 1 bath condo on the first floor of the Parkview Building at Mallard Landing. Easy access with no elevator and very functional floor plan.

Last Agent to Sell the Property

Andrew Ball

andy.ball@era.com ERA Martin Associates Listed on: 10/22/2018

ERA Martin Associates

Last Buyer's Agent

Andrew Ball

(410) 422-3672 Andy.ball@svn.com SVN |Miller Commercial Real Estate License #36569

SVN |Miller Commercial Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $747

Year Built

  • Built in 2005

Lot Details

  • 871

HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 723 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Handicap Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Additional Features

  • Balcony
  • Sprinkler System

Listing and Financial Details

  • Tax Lot 531
  • Assessor Parcel Number 08-043949

Community Details

Overview

  • Active Adult
  • Association fees include all ground fee, common area maintenance, lawn maintenance
  • Active Adult | Residents must be 55 or older
  • Low-Rise Condominium
  • Mallard Landing Subdivision

Amenities

  • Clubhouse
  • Game Room

Property Details

Home Type

Condominium

Est. Annual Taxes

$747

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,130 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2005
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Freezer, Washer/Dryer Stacked, Water Heater
  • Interior Amenities: Entry Level Bedroom, Ceiling Fan(s)
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 723
  • Living Area Sq Ft: 723
  • Price Per Sq Ft: 62.24
  • Above Grade Finished Sq Ft: 723
  • Above Grade Finished Area Units: Square Feet

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: Brick, Vinyl Siding
  • Exterior Features: Underground Lawn Sprinkler
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Handicap Parking
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2064.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 11500.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Club House, Game Room, Retirement Community
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Lawn Maintenance
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 723.00
  • Outdoor Living Structures: Balcony
  • Zoning: R10
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5346704
  • Tax Annual Amount: 747.00
  • Assessor Parcel Number: 08-043949
  • Tax Lot: 531
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2018
Closed on
Nov 6, 2019
Sold by
The Farmers Bank Of Willards
Bought by
Nhi Reit Of Dsl Propco Llc
Seller's Agent
Andrew Ball
ERA Martin Associates
Buyer's Agent
Andrew Ball
SVN |Miller Commercial Real Estate
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%
Current Estimated Value
$89,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,329
Avg. Annual Appreciation
14.10%

Purchase Details

Closed on
Aug 20, 2018
Sold by
Elliott Robert J
Bought by
The Farmers Bank Of Willards

Purchase Details

Closed on
Oct 6, 2006
Sold by
Mallard L & Ing Dev Group Llc
Bought by
Elliott Robert J

Purchase Details

Closed on
Sep 26, 2006
Sold by
Mallard L & Ing Dev Group Llc
Bought by
Elliott Robert J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nhi Reit Of Dsl Propco Llc $40,000 Real Estate Title & Escrow
The Farmers Bank Of Willards $39,000 None Available
Elliott Robert J $120,900 --
Elliott Robert J $120,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2019 11/06/19 Sold $40,000 -11.1% $55 / Sq Ft
10/10/2019 10/10/19 Pending -- -- --
10/22/2018 10/22/18 For Sale $45,000 -- $62 / 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 $394 $43,300 $12,900 $30,400
2024 $394 $41,133 $0 $0
2023 $385 $38,967 $0 $0
2022 $375 $36,800 $11,000 $25,800
2021 $376 $36,800 $11,000 $25,800
2020 $380 $36,800 $11,000 $25,800
2019 $385 $36,800 $11,000 $25,800
2018 $799 $36,567 $0 $0
2017 $742 $36,333 $0 $0
2016 -- $36,100 $0 $0
2015 $1,224 $36,100 $0 $0
2014 $1,224 $36,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1009976448

Bright MLS

APN: 08-043949