NOT LISTED FOR SALE

Estimated Value: $318,000 - $353,000

4 Beds
2 Baths
1,917 Sq Ft
$175/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $265,000 $138 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,015/month

132 Days on Market

Highlights

  • Home fronts navigable water
  • Lake View
  • Sun or Florida Room
  • Water Access
  • Stream or River on Lot
  • Great Room

About This Home

As of June 2021

Grab your kayak or canoe and get ready to explore Johnson's Lake. This property is waterfront on an inlet just a stone's throw away from the lake. Enjoy nature at it's best with the abundance wildlife. This home has been totally revamped and features the open concept floor plan, with an open living room - dining area and kitchen sharing 1 great space with Luxury Vinyl Plank ( LVP) flooring. The kitchen has new cabinets- granite counter tops- breakfast island and new Stainless Steel Appliances. Adjacent to the great room is the family room also with LVP flooring and access to rear yard if you're ready to enjoy the fire pit on the chilly evenings. But the energy efficient new heat pump will keep you warm (or cool in the summers) if you want to stay inside. The home has 3 bedrooms upstairs with new carpeting- closet doors and fresh paint. There is also a full bath with large vanity with solid surface top- linen cabinet - tub/ shower with tiled walls. The parents will enjoy the lower level primary bedroom with new bath and attached Sun Room to enjoy looking a the wildlife while enjoying their favorite beverage. All the work has been done, so it's time to just enjoy your home. In addition to the items already mentioned the home has updated electric and plumbing - new windows-gutters and facia- it is truly ready to move into.

Last Agent to Sell the Property

Jim Mutschler

ERA Martin Associates License #510287 Listed on: 12/09/2020

Last Buyer's Agent

Ainoy Philavanh

EXP Realty, LLC License #5002393

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,945

Year Built

  • Built in 1971

Lot Details

  • 0.38 Acre Lot
  • Home fronts navigable water
  • Property is in very good condition
  • Property is zoned R10

Parking

  • Driveway

Property Views

  • Lake
  • Creek or Stream

Home Design

  • Split Foyer
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,917 Sq Ft Home
  • Property has 3 Levels
  • Insulated Windows
  • Great Room
  • Dining Room
  • Sun or Florida Room
  • Stacked Washer and Dryer

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

Outdoor Features

  • Water Access
  • Property is near a lake
  • Stream or River on Lot

Location

  • Property is near a creek

Schools

  • North Salisbury Elementary School
  • Salisbury Middle School
  • Wicomico High School

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 09-049150

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,945

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Remarks Public: Grab your kayak or canoe and get ready to explore Johnson's Lake. This property is waterfront on an inlet just a stone's throw away from the lake. Enjoy nature at it's best with the abundance wildlife. This home has been totally revamped and features the open concept floor plan, with an open living room - dining area and kitchen sharing 1 great space with Luxury Vinyl Plank ( LVP) flooring. The kitchen has new cabinets- granite counter tops- breakfast island and new Stainless Steel Appliances. Adjacent to the great room is the family room also with LVP flooring and access to rear yard if you're ready to enjoy the fire pit on the chilly evenings. But the energy efficient new heat pump will keep you warm (or cool in the summers) if you want to stay inside. The home has 3 bedrooms upstairs with new carpeting- closet doors and fresh paint. There is also a full bath with large vanity with solid surface top- linen cabinet - tub/ shower with tiled walls. The parents will enjoy the lower level primary bedroom with new bath and attached Sun Room to enjoy looking a the wildlife while enjoying their favorite beverage. All the work has been done, so it's time to just enjoy your home. In addition to the items already mentioned the home has updated electric and plumbing - new windows-gutters and facia- it is truly ready to move into.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Stove, Washer/Dryer Stacked
  • Window Features: Insulated
  • Fireplace: No
  • Levels Count: 3
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Sun/Florida Room, Great Room, Bathroom 1
  • Basement: No
  • Total Sq Ft: 1917
  • Living Area Sq Ft: 1917
  • Price Per Sq Ft: 135.11
  • Above Grade Finished Sq Ft: 1917
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1414

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Roof: Asphalt, Architectural Shingle
  • View: Creek/Stream, Lake
  • Water Access: Yes
  • Water Body Name: Johnson Lake
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • 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: WICOMICO COUNTY PUBLIC SCHOOLS
  • Elementary School: NORTH SALISBURY
  • Middle School: SALISBURY
  • High School: WICOMICO
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138751831
  • School District Source: 3rd Party
  • Elementary School: NORTH SALISBURY
  • High School: WICOMICO
  • Middle Or Junior School: SALISBURY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: Stream/Creek
  • Lot Size Acres: 0.38
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16564.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R10
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5350862
  • Tax Annual Amount: 2945.00
  • Assessor Parcel Number: 09-049150
  • Tax Lot: 18
  • Tax Total Finished Sq Ft: 1917
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/18/2021

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Jun 18, 2021
Sold by
Bmk Home Investments Md Llc
Bought by
Armwood Angela Y and Armwood Antonio
Seller's Agent
Jim Mutschler
ERA Martin Associates
Buyer's Agent
Ainoy Philavanh
EXP Realty, LLC
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$334,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,838
Avg. Annual Appreciation
5.74%
Original Mortgage
$260,200
Outstanding Balance
$238,635
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$96,924

Purchase Details

Listed on
Jan 11, 2020
Closed on
May 28, 2020
Sold by
The Bank Of New York Mellon
Bought by
Krisewicz Brant M
Seller's Agent
Lynette Bridges-Catha
Hileman Real Estate Inc-Salisbury
Buyer's Agent
Jim Mutschler
ERA Martin Associates
List Price
$129,900
Sold Price
$95,100
Premium/Discount to List
-$34,800
-26.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
167.88%

Purchase Details

Closed on
Oct 30, 2019
Sold by
Peek Ricky J and Peek Jo A
Bought by
The Bank Of New York Mellon and Cwabs Inc

Purchase Details

Closed on
May 10, 2005
Sold by
Kreiser Frederick B and Kreiser Enid L
Bought by
Peek Ricky J and Peek Jo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,800
Interest Rate
7.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Armwood Angela Y $265,000 Sage Title Group Llc
Krisewicz Brant M $95,100 Real Estate Title & Escrow
The Bank Of New York Mellon $127,500 None Available
Peek Ricky J $191,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armwood Angela Y $12,635
Open Armwood Angela Y $21,642
Closed Armwood Angela Y $20,978
Open Armwood Angela Y $260,200
Closed Armwood Angela Y $7,806
Previous Owner Peek Ricky J $152,800
Previous Owner Peek Ricky J $38,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $265,000 +2.3% $138 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/13/2021 04/13/21 Price Changed $259,000 -2.3% $135 / Sq Ft
04/02/2021 04/02/21 For Sale $265,000 0.0% $138 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
12/09/2020 12/09/20 For Sale $265,000 +178.7% $138 / Sq Ft
06/02/2020 06/02/20 Sold $95,100 +0.2% $50 / Sq Ft
04/30/2020 04/30/20 Pending -- -- --
04/22/2020 04/22/20 Price Changed $94,900 -13.6% $50 / Sq Ft
03/18/2020 03/18/20 Price Changed $109,900 -8.3% $57 / Sq Ft
02/19/2020 02/19/20 Price Changed $119,900 -7.7% $63 / Sq Ft
01/11/2020 01/11/20 For Sale $129,900 -- $68 / 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 $2,465 $273,633 $0 $0
2024 $2,465 $257,100 $70,300 $186,800
2023 $2,194 $219,900 $0 $0
2022 $1,862 $182,700 $0 $0
2021 $1,487 $145,500 $70,300 $75,200
2020 $1,497 $145,167 $0 $0
2019 $1,516 $144,833 $0 $0
2018 $2,939 $144,500 $70,300 $74,200
2017 $2,798 $141,467 $0 $0
2016 -- $138,433 $0 $0
2015 $2,323 $135,400 $0 $0
2014 $2,323 $135,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC109918

Bright MLS

APN: 09-049150