NOT LISTED FOR SALE

Estimated Value: $108,000 - $281,232

4 Beds
3 Baths
2,246 Sq Ft
$83/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $80,000 $36 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,010/month

103 Days on Market

Highlights

  • Colonial Architecture
  • Cooling Available
  • Radiator
  • No HOA

About This Home

As of May 2024

Investor's Dream - Fixer-Upper Opportunity on 2nd Street, Salisbury, MD with Extra Lot! (125 2nd Street and 127 2nd Street being sold as a package)

Unlock the potential of this diamond in the rough located on 2nd Street in the heart of Salisbury. This property is a fixer-upper, awaiting a visionary buyer ready to transform it into a stunning residence.

Key Features:

Double Lot: The property comes with the rare advantage of a double lot, providing ample space for expansion, landscaping, or potential future development.
Unseen Potential: While access to view the property is currently restricted, envision the possibilities that come with a blank canvas. This is your chance to customize and create a home that aligns with your unique vision.

Investment Opportunity:

Ideal for Investors: This property presents an ideal opportunity for investors looking to add value through renovation and strategic improvements.
Location: Situated on 2nd Street, the property is conveniently located near local amenities, schools, and parks, making it an attractive option for those seeking a central Salisbury address.
Important Note: Due to the current condition of the property, access for viewing is restricted. Interested parties are encouraged to schedule a consultation to discuss the potential and scope of this fixer-upper.

Don't miss out on this rare chance to turn a double-lot fixer-upper into a showcase property in Salisbury. Contact us today to explore the possibilities and unlock the hidden potential of this unique real estate opportunity!

Last Agent to Sell the Property

Charlene Spence

(410) 864-5750 charlene.spence@thespencerealtygroup.com The Spence Realty Group License #RB-0031315 Listed on: 12/12/2023

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $918

Year Built

  • Built in 1925

Lot Details

  • 5,000 Sq Ft Lot
  • Property is zoned R5

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Block Foundation
  • Stick Built Home

Interior Spaces

  • 2,246 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

Utilities

  • Cooling Available
  • Radiator
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2309042768

Home Details

Home Type

Single Family

Est. Annual Taxes

$918

Year Built

Built in 1925

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-12-12
  • Federal Flood Zone: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2246
  • Living Area Sq Ft: 2246
  • Price Per Sq Ft: 44.08
  • Above Grade Finished Sq Ft: 2246
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: 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: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • 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: 0.11
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Zoning: R5
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 918.00
  • Assessor Parcel Number: 2309042768
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
May 2, 2024
Sold by
Kelly Courtney T
Bought by
Simon Isreal
Seller's Agent
Charlene Spence
The Spence Realty Group
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$115,000
Sold Price
$80,000
Premium/Discount to List
-$35,000
-30.43%
Views
568
Current Estimated Value
$186,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,558
Avg. Annual Appreciation
56.89%
Original Mortgage
$70,000
Outstanding Balance
$63,169
Interest Rate
6.79%
Mortgage Type
Seller Take Back
Estimated Equity
$123,389

Purchase Details

Closed on
Nov 25, 2008
Sold by
Richards Pauline
Bought by
Kelly Courtney T

Purchase Details

Closed on
Nov 14, 2008
Sold by
Lasalle Bank Na
Bought by
Richards Pauline and Kelly Courtney T

Purchase Details

Closed on
Oct 21, 2008
Sold by
Richards Pauline
Bought by
Kelly Courtney T
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Simon Isreal $80,000 Community Title Network
Simon Isreal $80,000 Community Title Network
Kelly Courtney T -- --
Richards Pauline $24,000 --
Lasalle Bank Na $96,000 --
Richards Pauline $24,000 --
Lasalle Bank Na $96,000 --
Kelly Courtney T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon Isreal $70,000
Closed Simon Isreal $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2024 05/02/24 Sold $80,000 -19.2% $36 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
12/15/2023 12/15/23 Price Changed $99,000 -13.9% $44 / Sq Ft
12/12/2023 12/12/23 For Sale $115,000 -- $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 $479 $52,400 $0 $0
2024 $440 $45,900 $7,200 $38,700
2023 $451 $45,200 $0 $0
2022 $453 $44,500 $0 $0
2021 $448 $43,800 $7,200 $36,600
2020 $447 $43,333 $0 $0
2019 $449 $42,867 $0 $0
2018 $883 $42,400 $7,200 $35,200
2017 $883 $42,400 $0 $0
2016 -- $42,400 $0 $0
2015 $1,344 $50,200 $0 $0
2014 $1,344 $50,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWC2011674

Bright MLS

APN: 09-042768

Your Personal Tour Guide

Ask me questions while you tour the home.