NOT LISTED FOR SALE

Estimated Value: $160,000 - $234,000

3 Beds
1 Bath
1,008 Sq Ft
$212/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $174,000 $173 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,227/month

7 Days on Market

Highlights

  • Traditional Floor Plan
  • Main Floor Bedroom
  • Back, Front, and Side Yard
  • Rambler Architecture
  • No HOA
  • Brick Front

About This Home

As of January 2024

Brick Front Rancher on outskirts of Salisbury! Priced below market!
Large open yard with Driveway for possibly 4 vehicles at end of a cul-de-sac! Home features Enclosed Porch for entertaining or quiet enjoyment, plus a Front Deck, 3 Bedrooms w/Hardwood Floors, Large Living Room, Eat-in Kitchen, Laundry Room, Large Full Bathroom w/ Walk-in Shower, Floored Attic for extra storage plus a Shed outside. Great opportunity to buy for way less than 200k with No City Taxes too!
Sellers providing a Home Warranty as well!

Last Agent to Sell the Property

Gregory Welsh

(443) 386-1967 gregsellsmdhomes@gmail.com Iron Valley Real Estate Ocean City Listed on: 12/06/2023

Iron Valley Real Estate Ocean City

Co-Listed By

Betty Kremer-Grove

(443) 336-8887 jackiekgrove@gmail.com Fathom Realty MD, LLC License #79225

Last Buyer's Agent

Craig R. Lynch

(443) 497-1881 craig@ocmdhomedeals.com Berkshire Hathaway HomeServices PenFed Realty - OP License #5007588

Berkshire Hathaway HomeServices PenFed Realty - OP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,169

Year Built

  • Built in 1972

Lot Details

  • 0.47 Acre Lot
  • No Through Street
  • Level Lot
  • Back, Front, and Side Yard
  • Property is zoned R15

Home Design

  • Rambler Architecture
  • Asbestos Shingle Roof
  • Brick Front

Interior Spaces

  • 1,008 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Stove

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Rich Mar Acres Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 2305057493

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,169

Year Built

Built in 1972

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: 1972
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dryer, Refrigerator, Stove, Washer
  • Interior Amenities: Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Traditional
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1008
  • Living Area Sq Ft: 1008
  • Price Per Sq Ft: 172.52
  • Above Grade Finished Sq Ft: 1008
  • Above Grade Finished Area Units: Square Feet

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: Brick Front
  • Roof: Asbestos Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Level, No Thru Street, Rear Yard, Sideyard(s), Front Yard
  • Lot Size Acres: 0.47
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20400.00
  • Zoning: R15
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1169.00
  • Assessor Parcel Number: 2305057493
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Jan 4, 2024
Sold by
Johnson Cornelia J and Michalik Leslie Ann
Bought by
Karabulut Enes
Seller's Agent
Gregory Welsh
Iron Valley Real Estate Ocean City
Buyer's Agent
Craig R. Lynch
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$173,900
Sold Price
$174,000
Premium/Discount to List
$100
0.06%
Views
69
Current Estimated Value
$213,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,245
Avg. Annual Appreciation
12.03%
Original Mortgage
$130,500
Outstanding Balance
$128,070
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$85,175

Purchase Details

Closed on
Oct 30, 2013
Sold by
Johnson Cornelia J
Bought by
Johnson Cornelia J and Michalik Leslie Ann

Purchase Details

Closed on
Jul 1, 1982
Sold by
Rippons John W and Rippons Sharon
Bought by
Johnson Kenneth S and Johnson Cornelia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
16.73%

Purchase Details

Closed on
Nov 24, 1976
Sold by
Wilkins Ernest A and Wilkins Jennie R
Bought by
Rippons John W and Rippons Sharon
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
Karabulut Enes $174,000 Old Republic Title
Karabulut Enes $174,000 Old Republic Title
Johnson Cornelia J -- Coastal Title & Escrow
Johnson Kenneth S $39,000 --
Rippons John W $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karabulut Enes $130,500
Closed Karabulut Enes $130,500
Previous Owner Johnson Kenneth S $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2024 01/12/24 Sold $174,000 +0.1% $173 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
12/06/2023 12/06/23 For Sale $173,900 -- $173 / 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 $1,318 $139,500 $29,100 $110,400
2024 $1,318 $131,233 $0 $0
2023 $1,253 $122,967 $0 $0
2022 $1,229 $114,700 $29,100 $85,600
2021 $1,202 $112,700 $0 $0
2020 $1,202 $110,700 $0 $0
2019 $1,198 $108,700 $29,100 $79,600
2018 $1,203 $108,700 $29,100 $79,600
2017 $1,203 $108,700 $0 $0
2016 -- $110,400 $0 $0
2015 $1,096 $110,400 $0 $0
2014 $1,096 $110,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC2011792

Bright MLS

APN: 05-057493