NOT LISTED FOR SALE

Estimated Value: $179,000 - $349,000

Studio
2 Baths
2,720 Sq Ft
$92/Sq Ft Est. Value

Last Sold February 23, 2021

Last sale price $124,000 $46 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,456/month

48 Days on Market

Highlights

  • 0.26 Acre Lot
  • 2 Fireplaces
  • Hot Water Heating System
  • Victorian Architecture
  • No HOA
  • 1-minute walk to Jeanette P. Chipman Boundless Playground

About This Home

As of February 2021

This property boasts endless opportunities located in the Newtown Historic District within walk distance to the Downtown of Salisbury! Featuring 4 total bedrooms this home features a ton of character, this is a must-see home with great potential! Sold As-Is.

Last Agent to Sell the Property

Jay Doaty

(443) 664-2884 dawn@coastalresortrentals.com Coastal Resort Sales and Rent License #RS-0026162 Listed on: 09/25/2020

Coastal Resort Sales and Rent

Last Buyer's Agent

Brandon Johnson

(410) 749-1818 brandon.johnson@era.com ERA Martin Associates License #649426

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,418

Year Built

  • Built in 1930

Lot Details

  • 0.26 Acre Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Victorian Architecture
  • Aluminum Siding

Interior Spaces

  • 2,720 Sq Ft Home
  • 2 Fireplaces
  • Basement

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 1 Vacant Unit

Listing and Financial Details

  • Assessor Parcel Number 05-017750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,418

Year Built

Built in 1930

Lot Details

0.26 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplaces Count: 2
  • Basement: Yes
  • Total Sq Ft: 2720
  • Living Area Sq Ft: 2720
  • Price Per Sq Ft: 51.43
  • Above Grade Finished Sq Ft: 2720
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas, Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.26
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11397.00
  • Zoning: R8
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Units Furnished: All
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5332420
  • Tax Annual Amount: 2418.00
  • Assessor Parcel Number: 05-017750
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

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

Closed on
Sep 17, 2014
Sold by
Crane Michael A and Crane Constance E
Bought by
Crane Holly M
Current Estimated Value
$250,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,382
Outstanding Balance
$55,077
Interest Rate
4.11%
Mortgage Type
FHA
Estimated Equity
$195,635

Purchase Details

Closed on
Jan 15, 2004
Sold by
Lewis Gregory L and Lewis Elaine Assorgi
Bought by
Crane Michael A and Crane Constance E

Purchase Details

Closed on
Dec 18, 2001
Sold by
Mcneil William Dennis
Bought by
Lewis Gregory L and Lewis Elaine Assorgi

Purchase Details

Closed on
Jun 1, 1990
Sold by
Giudice Betty A
Bought by
Mcneil William Dennis
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
Crane Holly M -- Accurate Title Group Llc
Crane Michael A $155,700 --
Lewis Gregory L $135,480 --
Mcneil William Dennis $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crane Holly M $73,382
Closed Lewis Gregory L --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2021 02/23/21 Sold $124,000 -11.4% $46 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
11/01/2020 11/01/20 For Sale $139,900 0.0% $51 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $139,900 -- $51 / Sq Ft
Source: Bright MLS

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 $1,806 $197,633 $0 $0
2024 $1,763 $183,900 $20,700 $163,200
2023 $1,606 $162,433 $0 $0
2022 $1,436 $140,967 $0 $0
2021 $1,222 $119,500 $20,700 $98,800
2020 $1,130 $119,500 $20,700 $98,800
2019 $1,251 $119,500 $20,700 $98,800
2018 $2,563 $123,000 $20,700 $102,300
2017 $2,488 $123,000 $0 $0
2016 -- $123,000 $0 $0
2015 $3,037 $129,900 $0 $0
2014 $3,037 $129,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC109926

Bright MLS

APN: 05-017750

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