NOT LISTED FOR SALE

205 Morris Dr Salisbury, MD 21804

South Salisbury Neighborhood

Estimated Value: $259,000 - $289,000

3 Beds
2 Baths
1,340 Sq Ft
$208/Sq Ft Est. Value

Last Sold February 08, 2021

Last sale price $214,900 $160 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,612/month

26 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • 2 Car Detached Garage
  • Rambler Architecture
  • Stainless Steel Appliances
  • Family Room Off Kitchen

About This Home

As of February 2021

Absolutely Perfect and Turn-Key. This 1340 SF Rancher built in 2005 is ready for you! 3 bedrooms, 2 full baths with a open concept floor plan, stainless appliances, new carpet, new paint. This home is close to everything Salisbury has to offer and is located in sought after Magnolia Terrace.

Last Agent to Sell the Property

Michael Alford

(240) 463-0122 malford@cbmove.com Coldwell Banker Realty License #RS-0038974 Listed on: 12/03/2020

Coldwell Banker Realty

Last Buyer's Agent

David Willman

(443) 668-0535 reowinners@gmail.com Berkshire Hathaway HomeServices PenFed Realty - OP License #RS-0039448

Berkshire Hathaway HomeServices PenFed Realty - OP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,574

Year Built

  • Built in 2005

Lot Details

  • 0.36 Acre Lot
  • Property is zoned R20

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Driveway

Home Design

  • Rambler Architecture
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,340 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Family Room Off Kitchen
  • Living Room
  • Dining Area
  • Carpet

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outbuilding

Utilities

  • 90% Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • 200+ Amp Service
  • Water Treatment System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • Magnolia Terrace Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 08-004587

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,574

Year Built

Built in 2005

Lot Details

0

Parking

2

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: 2005
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Water Heater
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Water Treat System
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: No
  • Total Sq Ft: 1340
  • Living Area Sq Ft: 1340
  • Price Per Sq Ft: 160.37
  • Above Grade Finished Sq Ft: 1340
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Outbuilding(s)
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Front Entry, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Utilities: Electric Available
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.36
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15741.00
  • Zoning: R20
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1574.00
  • Assessor Parcel Number: 08-004587
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Feb 8, 2021
Sold by
Stone Mary Kay and Stone John Thoams
Bought by
Clough Craig
Seller's Agent
Michael Alford
Coldwell Banker Realty
Buyer's Agent
David Willman
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$214,900
Sold Price
$214,900
Current Estimated Value
$278,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,755
Avg. Annual Appreciation
5.41%
Original Mortgage
$211,007
Outstanding Balance
$187,255
Interest Rate
2.65%
Mortgage Type
FHA
Estimated Equity
$91,400

Purchase Details

Closed on
May 5, 2005
Sold by
Cedar Hill Homes Llc
Bought by
Stone Mary K and Stone John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,480
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2005
Sold by
Flint Daniel J and Flint Joan A
Bought by
Cedar Hill Homes Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Clough Craig $214,900 Accommodation
Stone Mary K $198,100 --
Cedar Hill Homes Llc $61,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clough Craig $211,007
Previous Owner Stone Mary K $158,480
Closed Cedar Hill Homes Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2021 02/08/21 Sold $214,900 0.0% $160 / Sq Ft
12/29/2020 12/29/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $214,900 -- $160 / 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 $1,846 $195,500 $27,900 $167,600
2024 $1,800 $181,433 $0 $0
2023 $1,715 $167,367 $0 $0
2022 $1,622 $153,300 $27,900 $125,400
2021 $1,666 $151,233 $0 $0
2020 $1,598 $149,167 $0 $0
2019 $1,540 $147,100 $27,900 $119,200
2018 $1,538 $143,800 $0 $0
2017 $1,519 $140,500 $0 $0
2016 -- $137,200 $0 $0
2015 $1,294 $137,200 $0 $0
2014 $1,294 $137,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Alford

    Seller's Agent in 2021

    Michael Alford

    Coldwell Banker Realty

    (240) 463-0122

    26 in this area

    103 Total Sales

    Michael Alford
    Section Image
  • David Willman

    Buyer's Agent in 2021

    David Willman

    Berkshire Hathaway HomeServices PenFed Realty - OP

    (443) 668-0535

    36 in this area

    192 Total Sales

    David Willman
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWC110788

Bright MLS

APN: 08-004587

Maryland Wicomico County Salisbury 21804 South Salisbury

205 Morris Dr, Salisbury, MD

Not Listed for Sale

Detached

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