NOT LISTED FOR SALE

Estimated Value: $202,000 - $236,655

4 Beds
2 Baths
1,020 Sq Ft
$209/Sq Ft Est. Value

Last Sold October 14, 2024

Last sale price $190,000 $186 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,222/month

46 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • 90% Forced Air Heating and Cooling System
  • 1 Fireplace
  • More Than Two Accessible Exits
  • Electric Baseboard Heater

About This Home

As of October 2024

Welcome to your potential new home at 111 Greenmount Ave, Salisbury, MD! This charming 4-bedroom, 2-bathroom house offers a world of opportunities for first-time homebuyers or savvy investors. Whether you're looking to create your dream home or explore rental possibilities, this property is a canvas waiting for your touch.

Nestled on a sizeable lot, the house provides ample space both indoors and outdoors. Ready for renovation, the interior allows you to design and upgrade to your taste, significantly increasing its value. The investment could pay off whether you decide to flip, rent, or settle in!

The neighborhood is an extra perk, being peaceful yet vibrant. Enjoy quick access to Salisbury City Dog Park and Salisbury Zoo & Park, all within a mile. These nearby green spaces are perfect for leisurely weekends or morning jogs, and they bring a slice of nature right to your doorstep.

Priced attractively, this property stands as an affordable entry into homeownership in a sought-after area of Salisbury, known for its friendly community vibe and scenic surroundings.

Don’t miss out on this promising opportunity. Dive into the Salisbury market with a property that offers the flexibility to become whatever you envision. Contact us today to schedule a visit or learn more about how 111 Greenmount Ave can be yours. Let’s make it happen!

Last Agent to Sell the Property

Nicholas Elko

(443) 253-4304 nelko@oconorhomes.com O'Conor, Mooney & Fitzgerald License #641207 Listed on: 07/11/2024

Last Buyer's Agent

Jaime Cortes

(443) 365-0775 jaimecorteshomes@gmail.com Coldwell Banker Realty License #36173

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,120

Year Built

  • Built in 1950

Lot Details

  • 0.48 Acre Lot
  • Property is zoned R15

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Washington Heights Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 2305039746

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,120

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-07-11
  • Federal Flood Zone: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2040
  • Living Area Sq Ft: 1020
  • Price Per Sq Ft: 186.27
  • Above Grade Finished Sq Ft: 1020
  • Below Grade Sq Ft: 1020
  • Total Below Grade Sq Ft: 1020
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.48
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20700.00
  • Zoning: R15
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1120.00
  • Assessor Parcel Number: 2305039746
  • Tax Lot: 8
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Oct 14, 2024
Sold by
Norman And Gloria Schmager Family Trust
Bought by
Jean Theajeune
Seller's Agent
Nicholas Elko
O'Conor, Mooney & Fitzgerald
Buyer's Agent
Jaime Cortes
Coldwell Banker Realty
List Price
$249,000
Sold Price
$190,000
Premium/Discount to List
-$59,000
-23.69%
Views
148
Current Estimated Value
$213,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,414
Avg. Annual Appreciation
9.74%
Original Mortgage
$152,000
Outstanding Balance
$150,402
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$63,012

Purchase Details

Closed on
Oct 4, 2005
Sold by
Smith Kevin
Bought by
Schmager Norman F and Trustees

Purchase Details

Closed on
Sep 28, 2005
Sold by
Smith Kevin
Bought by
Schmager Norman F and Trustees

Purchase Details

Closed on
Nov 29, 2002
Sold by
Dupont Dorothy Olivia L and Dupont E
Bought by
Smith Kevin
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
Jean Theajeune $190,000 None Listed On Document
Schmager Norman F $138,000 --
Schmager Norman F $138,000 --
Smith Kevin $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jean Theajeune $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2024 10/14/24 Sold $190,000 0.0% $186 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
08/20/2024 08/20/24 Price Changed $190,000 -23.7% $186 / Sq Ft
07/11/2024 07/11/24 For Sale $249,000 -- $244 / 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 $1,271 $132,500 $29,100 $103,400
2024 $1,234 $122,400 $0 $0
2023 $1,120 $112,300 $0 $0
2022 $1,101 $102,200 $29,100 $73,100
2021 $1,101 $101,867 $0 $0
2020 $1,107 $101,533 $0 $0
2019 $1,119 $101,200 $29,100 $72,100
2018 $1,107 $99,533 $0 $0
2017 $1,089 $97,867 $0 $0
2016 -- $96,200 $0 $0
2015 $1,046 $96,200 $0 $0
2014 $1,046 $96,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC2014254

Bright MLS

APN: 05-039746