NOT LISTED FOR SALE

Estimated Value: $196,000 - $237,000

3 Beds
1 Bath
960 Sq Ft
$222/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $165,000 $172 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,203/month

4 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Central Air
  • Corner Lot
  • Cul-De-Sac
  • Electric Baseboard Heater

About This Home

As of April 2023

** No Showings till Sunday, March 26th ** 3 bedroom, 1 bathroom rancher located within walking distance to Salisbury University on city services! Nice and spacious fenced in corner lot on a cul-de-sac street! Buy this and make it yours or if you're looking for an investment property in a great location close to the college, this is the one! Homes in this neighborhood don't come on the market often! This home has had some upgrades over the years but will need some cosmetic work and the back side of the roof will need to be replaced and possible full roof replacement will be needed. Will not qualify for FHA or VA due to roof, but owner will replace the roof if wanted and price will be increased for the cost of the roof. Bid is already in hand with a contractor to have the roof replaced. Great property to put your sweat equity into it and make it a great investment! Property sold AS IS and the home is priced to reflect the repairs. Home is currently tenant occupied but lease is ending 3/31/23. Pictures were taken before current tenant moved in. Since this property was a rental for 3 consecutive years in a row and is located in the limits of the City of Salisbury, Buyer could be approved under the City of Salisbury’s “Homeowner Conversion Tax Abatement Program”, which would require the buyer to be an owner occupant and the property is claimed as the buyers personal residence, city taxes would be waived in full for the first 5 years and then phased in for the next 5 years (this abatement is and cannot be guaranteed by the Seller or Agent/s, buyer to do their own due diligence and contact the City of Salisbury for details, conditions and possible approval).

Last Agent to Sell the Property

Adam Roop

(410) 603-9600 adam.roop@exprealty.com EXP Realty, LLC Listed on: 03/23/2023

EXP Realty, LLC

Last Buyer's Agent

Jason French

(443) 841-9693 jason@chesapeakebayproperties.com Benson & Mangold, LLC License #5002562

Benson & Mangold, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,859

Year Built

  • Built in 1985

Lot Details

  • 7,286 Sq Ft Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Corner Lot
  • Property is zoned R5A

Home Design

  • Rambler Architecture
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Nancy Acres Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 2313056943

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,859

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 960
  • Living Area Sq Ft: 960
  • Price Per Sq Ft: 171.88
  • Above Grade Finished Sq Ft: 960
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1201

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Vinyl Siding
  • Roof: Architectural Shingle
  • 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, On Street, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

  • School District: WICOMICO COUNTY PUBLIC SCHOOLS
  • School District Key: 121138751831
  • School District Source: Listing Agent

Lot Info

  • Fencing: Fully
  • Land Use Code: R
  • Lot Features: Corner, Cul-De-Sac
  • Lot Size Acres: 0.17
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7286.00
  • Year Assessed: 2023
  • Zoning: R5A
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1859.00
  • Assessor Parcel Number: 2313056943
  • Tax Lot: 20
  • Tax Total Finished Sq Ft: 960
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/28/2023

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Apr 28, 2023
Sold by
Kimberley Homes Investments Llc
Bought by
Kness Noah Thomas
Seller's Agent
Adam Roop
EXP Realty, LLC
Buyer's Agent
Jason French
Benson & Mangold, LLC
List Price
$165,000
Sold Price
$165,000
Views
51
Current Estimated Value
$212,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,957
Avg. Annual Appreciation
11.22%
Original Mortgage
$132,000
Outstanding Balance
$128,350
Interest Rate
6.42%
Mortgage Type
Construction
Estimated Equity
$84,607

Purchase Details

Closed on
Jan 8, 2015
Sold by
Roop Harry R and Roop Kimberley M
Bought by
Kimberly Homes Investments Llc

Purchase Details

Closed on
Nov 15, 2011
Sold by
Roop Kimberley M
Bought by
Roop Kimberley M and Roop Harry R

Purchase Details

Closed on
Aug 2, 2010
Sold by
Secretary Of Housing
Bought by
Roop Kimberley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2010
Sold by
Beals Richard D
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jan 10, 2007
Sold by
Bosman Joyce Kay
Bought by
Taylor Fannie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,800
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2006
Sold by
Bosman Joyce Kay
Bought by
Taylor Fannie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,800
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
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
Kness Noah Thomas $165,000 None Listed On Document
Kness Noah Thomas $165,000 None Listed On Document
Kimberly Homes Investments Llc -- Mid Atlantic Title & Escrow
Roop Kimberley M -- None Available
Roop Kimberley M $70,200 --
Secretary Of Hud $148,000 --
Taylor Fannie -- --
Beals Richard D $139,900 --
Taylor Fannie -- --
Beals Richard D $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kness Noah Thomas $132,000
Closed Kness Noah Thomas $132,000
Previous Owner Kimberley Homes Investments Llc $75,000
Previous Owner Roop Kimberley M $70,000
Previous Owner Beals Richard D $138,800
Previous Owner Beals Richard D $138,800
Closed Roop Kimberley M --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $165,000 0.0% $172 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $165,000 -- $172 / 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 $933 $119,500 $0 $0
2024 $933 $97,300 $13,200 $84,100
2023 $940 $95,067 $0 $0
2022 $946 $92,833 $0 $0
2021 $926 $90,600 $13,200 $77,400
2020 $930 $90,133 $0 $0
2019 $938 $89,667 $0 $0
2018 $1,835 $89,200 $13,200 $76,000
2017 $1,706 $82,867 $0 $0
2016 -- $76,533 $0 $0
2015 $1,511 $70,200 $0 $0
2014 $1,511 $70,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC2008896

Bright MLS

APN: 13-056943