NOT LISTED FOR SALE

Estimated Value: $258,000 - $278,000

3 Beds
2 Baths
1,404 Sq Ft
$190/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $125,000 $89 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,604/month

Highlights

  • Rambler Architecture
  • Central Air
  • Heat Pump System

About This Home

As of February 2018

This is a nice 3 bedroom, 2 bath rancher with Central heat & air. Living room, den, dining room, kitchen with laminate floors, large laundry room with washer & dryer, master suite, pull down attic storage, large rear deck, fenced yard, paved driveway & storage shed.

Last Agent to Rent the Property

Michelle Lamb

ERA Martin Associates License #654399 Listed on: 12/05/2017

ERA Martin Associates

Co-Listed By

Diane Beattie

ERA Martin Associates

Last Renter's Agent

Diane Beattie

ERA Martin Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,806

Year Built

  • Built in 1986

Lot Details

  • 0.26 Acre Lot
  • Zoning described as R10

Home Design

  • Rambler Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,404 Sq Ft Home
  • Property has 1 Level
  • Crawl Space
  • Storage In Attic
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Salisbury Middle School
  • Wicomico High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Property has a Home Owners Association
  • Forest Lake Estates Subdivision

Listing and Financial Details

  • Residential Lease
  • No Smoking Allowed
  • 12-Month Lease Term
  • Assessor Parcel Number 044566

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,806

Year Built

Built in 1986

Lot Details

0

Rental Info

  • Lease Amount: 1200.00
  • Lease Amount Frequency: Monthly
  • Lease Term: 12 Months
  • Pets: Pet Addendum/Deposit
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Historic: No
  • New Construction: No
  • Storage: Attic
  • Year Built: 1986
  • Remarks Public: This is a nice 3 bedroom, 2 bath rancher with Central heat & air. Living room, den, dining room, kitchen with laminate floors, large laundry room with washer & dryer, master suite, pull down attic storage, large rear deck, fenced yard, paved driveway & storage shed.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Foundation Details: Block, Crawl Space
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1404
  • Living Area Sq Ft: 1404
  • Price Per Sq Ft: 0.85
  • Above Grade Finished Sq Ft: 1404
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1803

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Stick Built, Vinyl Siding
  • Construction Completed: No
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: Yes

Schools

  • School District: WICOMICO COUNTY PUBLIC SCHOOLS
  • Middle School: SALISBURY
  • High School: WICOMICO
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138751831
  • High School: WICOMICO
  • Middle Or Junior School: SALISBURY

Lot Info

  • Lot Size Acres: 0.26
  • Zoning Description: R10

Tax Info

  • Assessor Parcel Number: 5350518
  • Assessor Parcel Number: 044566
  • Close Date: 02/12/2018

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2017
Closed on
Mar 5, 2018
Sold by
Christopher B Reavis
Bought by
Martin William E and Martin Cynthia L
Seller's Agent
Michelle Lamb
ERA Martin Associates
Buyer's Agent
Diane Beattie
ERA Martin Associates
Sold Price
$1,200
Current Estimated Value
$266,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,513
Original Mortgage
$112,000
Outstanding Balance
$96,296
Interest Rate
4.43%
Estimated Equity
$170,417

Purchase Details

Listed on
Sep 8, 2017
Closed on
Nov 30, 2017
Sold by
Reavis Christopher B and Karns Reavis Alyce E
Bought by
Martin William E and Martin Cynthia L
Seller's Agent
Darron Whitehead
Whitehead Real Estate Exec.
Buyer's Agent
Bill Martin
ERA Martin Associates
List Price
$144,900
Sold Price
$125,000
Premium/Discount to List
-$19,900
-13.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.34%

Purchase Details

Closed on
Jul 23, 1998
Sold by
Spinell Evelyn J
Bought by
Reavis Christopher B and Karns Alyce W

Purchase Details

Closed on
Jun 11, 1986
Sold by
Roush Richard K
Bought by
Spinell Evelyn J

Purchase Details

Closed on
Oct 1, 1985
Sold by
Deers Head Realty Limited
Bought by
Roush Richard K
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
Martin William E $125,000 --
Martin William E $125,000 None Available
Reavis Christopher B $85,000 --
Spinell Evelyn J $65,000 --
Roush Richard K $9,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin William E $112,000
Closed Martin William E --
Closed Martin William E $112,000
Previous Owner Reavis Christopher B $15,000
Closed Reavis Christopher B --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2018 02/13/18 Rented $1,200 0.0% --
01/09/2018 01/09/18 Under Contract -- -- --
12/05/2017 12/05/17 For Rent $1,200 0.0% --
11/30/2017 11/30/17 Sold $125,000 -10.7% $89 / Sq Ft
10/29/2017 10/29/17 Pending -- -- --
10/13/2017 10/13/17 Price Changed $139,900 -3.5% $100 / Sq Ft
09/08/2017 09/08/17 For Sale $144,900 -- $103 / 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 $1,806 $198,067 $0 $0
2024 $1,806 $188,400 $30,300 $158,100
2023 $1,680 $169,933 $0 $0
2022 $1,543 $151,467 $0 $0
2021 $1,360 $133,000 $30,300 $102,700
2020 $1,360 $131,900 $0 $0
2019 $1,369 $130,800 $0 $0
2018 $2,659 $129,700 $30,300 $99,400
2017 $2,610 $127,267 $0 $0
2016 -- $124,833 $0 $0
2015 $1,834 $122,400 $0 $0
2014 $1,834 $122,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000746278

Bright MLS

APN: 09-044566