NOT LISTED FOR SALE

1101 S Schumaker Dr Unit 205 Salisbury, MD 21804

South Salisbury Neighborhood

Estimated Value: $122,918 - $150,000

1 Bed
1.5 Baths
1,187 Sq Ft
$1,212/mo HOA Fee

Last Sold November 17, 2017

Last sale price $76,000 $64 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,003/month

25 Days on Market

Highlights

  • Fitness Center
  • Waterfront
  • Clubhouse
  • Active Adult
  • Colonial Architecture
  • Upgraded Countertops

About This Home

As of November 2017

1BR, 1.5 BA with den. Waterfront Oxford floor plan. Come take in the gorgeous views in a private location. Come see what makes Mallard Landing Metropolitan magazines #1 retirement community year after year!

Last Agent to Sell the Property

Andrew Ball

andy.ball@era.com ERA Martin Associates Listed on: 09/27/2017

ERA Martin Associates

Last Buyer's Agent

Paul Cook

(410) 289-4000 Paul@Seashore.RealEstate Bunting Realty, Inc. License #36110

Bunting Realty, Inc.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Lot Details

  • Waterfront
  • Sprinkler System

HOA Fees

Parking

  • Handicap Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,187 Sq Ft Home
  • Property has 1 Level
  • Window Treatments
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Home Security

Outdoor Features

  • Water Access
  • Property is near a lake
  • Balcony

Location

  • Flood Risk

Schools

  • Glen Avenue Elementary School
  • Bennett Middle School
  • Parkside High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 205
  • Assessor Parcel Number 043787

Community Details

Overview

  • Active Adult
  • 38 Units
  • 1 Elevator
  • Active Adult | Residents must be 55 or older
  • Low-Rise Condominium
  • Mallard Landing Subdivision

Amenities

  • Clubhouse
  • Game Room

Recreation

  • Fitness Center

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,212 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Icemaker, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Entry Level Bedroom, Upgraded Countertops, Sprinkler System, Walk-In Closet(s), Window Treatments
  • Elevators Count: 1
  • Foundation Details: Slab
  • Levels Count: 1
  • Living Area Units: Square Feet
  • Total Sq Ft: 1187
  • Living Area Sq Ft: 1187
  • Price Per Sq Ft: 71.19
  • Above Grade Finished Sq Ft: 1187
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Brick, Vinyl Siding, Stick Built
  • Construction Completed: No
  • Exterior Features: Lawn Sprinkler
  • Roof: Asphalt
  • Water Access: Yes
  • Water Body Type: Lake
  • Water Frontage Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Handicap Parking

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 11500.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3048.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Amenities: Retirement Community, Club House, Exercise Room, Game Room
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • Elementary School: GLEN AVENUE
  • High School: PARKSIDE
  • Middle Or Junior School: BENNETT

Lot Info

  • Outdoor Living Structures: Balcony
  • Zoning Description: R10
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 043787
  • Tax Lot: 205
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2017
Closed on
Nov 17, 2017
Sold by
Zeien Jane
Bought by
Armstrong Robert V and Armstrong Carolyn N
Seller's Agent
Andrew Ball
ERA Martin Associates
Buyer's Agent
Paul Cook
Bunting Realty, Inc.
List Price
$84,500
Sold Price
$76,000
Premium/Discount to List
-$8,500
-10.06%
Current Estimated Value
$136,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,980
Avg. Annual Appreciation
7.58%

Purchase Details

Closed on
Aug 25, 2016
Sold by
Mccaffrey Kathryn D and Mccaffrey Kevin
Bought by
Burhans Merrill J

Purchase Details

Closed on
Aug 16, 2006
Sold by
Mallard L & Ing Dev Group Llc
Bought by
Dawson Robert I

Purchase Details

Closed on
Aug 11, 2006
Sold by
Mallard L & Ing Dev Group Llc
Bought by
Dawson Robert I
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
Armstrong Robert V $76,000 None Available
Burhans Merrill J $80,000 Real Estate Title & Escrow L
Dawson Robert I $194,800 --
Dawson Robert I $194,800 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2017 11/17/17 Sold $76,000 -10.1% $64 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
09/27/2017 09/27/17 For Sale $84,500 -- $71 / 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 $835 $99,200 $29,700 $69,500
2024 $835 $87,067 $0 $0
2023 $747 $74,933 $0 $0
2022 $640 $62,800 $18,800 $44,000
2021 $642 $62,800 $18,800 $44,000
2020 $648 $62,800 $18,800 $44,000
2019 $786 $75,100 $22,500 $52,600
2018 $1,482 $72,500 $0 $0
2017 $1,371 $69,900 $0 $0
2016 -- $67,300 $0 $0
2015 $1,708 $67,300 $0 $0
2014 $1,708 $67,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000517830

Bright MLS

APN: 08-043787