NOT LISTED FOR SALE

111 Catherine St Unit 1 Salisbury, MD 21801

Westside Neighborhood

Estimated Value: $144,000 - $235,000

-- Bed
1 Bath
1,451 Sq Ft
$138/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $170,000 $117 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,178/month

6 Days on Market

Highlights

  • A-Frame Home
  • No HOA
  • Asbestos

About This Home

As of October 2021

The listing price shown is the price for 111-113 and 115-117 Catherine St. Units are NOT being sold individually. All lead-free. TAKE SPECIAL NOTE OF THE RENTAL RATES and you will see that they are VERY inexpensive rents. You may decide that there is room to increase rents for an EVEN BETTER RETURN!!

Last Agent to Sell the Property

Mike Dunn

Keller Williams Realty Delmarva License #317243 Listed on: 07/30/2021

Keller Williams Realty Delmarva

Last Buyer's Agent

Charlene Spence

The Spence Realty Group License #676658

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $748

Year Built

  • Built in 1927

Lot Details

  • 6,000

Parking

  • Off-Street Parking

Home Design

  • 1,451 Sq Ft Home
  • Duplex
  • A-Frame Home
  • Vinyl Siding
  • Asbestos

Additional Features

  • 6,000 Sq Ft Lot
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1173
  • Assessor Parcel Number 09-058265

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$748

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: A-Frame
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1927
  • Automatically Close On Close Date: No
  • Remarks Public: The listing price shown is the price for 111-113 and 115-117 Catherine St. Units are NOT being sold individually. All lead-free. TAKE SPECIAL NOTE OF THE RENTAL RATES and you will see that they are VERY inexpensive rents. You may decide that there is room to increase rents for an EVEN BETTER RETURN!!
  • Special Features: None

Interior Features

  • Basement: No
  • Total Sq Ft: 1451
  • Living Area Sq Ft: 1451
  • Price Per Sq Ft: 117.09
  • Above Grade Finished Sq Ft: 1451
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 111

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Asbestos
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: 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

  • Lot Size Acres: 0.14
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Year Assessed: 2020
  • Zoning: R5
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 748.00
  • Assessor Parcel Number: 09-058265
  • Tax Lot: 1173
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 10/07/2021

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Oct 11, 2021
Sold by
Bbmc Investments Llc
Bought by
Blcok Investment Group Llc
Seller's Agent
Mike Dunn
Keller Williams Realty Delmarva
Buyer's Agent
Charlene Spence
The Spence Realty Group
List Price
$169,900
Sold Price
$170,000
Premium/Discount to List
$100
0.06%
Current Estimated Value
$207,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,564
Avg. Annual Appreciation
3.87%
Original Mortgage
$139,200
Outstanding Balance
$128,307
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$68,217
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
Blcok Investment Group Llc $170,000 Mid Atlantic & Escrow Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blcok Investment Group Llc $139,200
Closed Blcok Investment Group Llc $139,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2021 10/07/21 Sold $170,000 +0.1% $117 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $169,900 -- $117 / 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 $372 $38,800 $7,400 $31,400
2023 $381 $38,233 $0 $0
2022 $384 $37,667 $0 $0
2021 $379 $37,100 $7,400 $29,700
2020 $380 $36,833 $0 $0
2019 $383 $36,567 $0 $0
2018 $799 $36,300 $7,400 $28,900
2017 $748 $36,300 $0 $0
2016 -- $36,300 $0 $0
2015 $987 $44,300 $0 $0
2014 $987 $44,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC2000822

Bright MLS

APN: 09-058265