NOT LISTED FOR SALE

Estimated Value: $104,000 - $148,000

2 Beds
1 Bath
936 Sq Ft
$142/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $43,000 $46 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $736/month

28 Days on Market

Highlights

  • 0.17 Acre Lot
  • No HOA
  • Ramp on the main level
  • Wood Flooring
  • Living Room
  • Bungalow

About This Home

As of March 2020

Cute and cozy in town bungalow features 2 bedrooms, 1 bathroom, beautiful hardwood floors, wheel chair ramp, partial basement and fenced in rear yard. Don't wait two minutes because it will be gone in one! Home is Case #241-664125 a HUD Owned Property, Sold "As-Is", Marketed by Olympus AMS www.olympusams-re.com and www.HUDHomestore.com. Please note that no one may alter or occupy the property until after a successful settlement.

Last Agent to Sell the Property

Bernice Flax

(443) 552-7579 joe@coastallifeoc.com Coastal Life Realty Group LLC License #613711 Listed on: 01/15/2020

Last Buyer's Agent

Billy Barr

(410) 524-6400 lwbunting@comcast.net Keller Williams Realty Delmarva

Keller Williams Realty Delmarva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $766

Year Built

  • Built in 1926

Lot Details

  • 7,500 Sq Ft Lot
  • Property is zoned R5

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Stick Built Home

Interior Spaces

  • 936 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Partial Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • East Salisbury Elementary School
  • Wicomico Middle School
  • Wicomico High School

Additional Features

  • Ramp on the main level
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05-023874

Home Details

Home Type

Single Family

Est. Annual Taxes

$766

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1926
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Vinyl
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 1
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 936
  • Living Area Sq Ft: 936
  • Price Per Sq Ft: 50.21
  • Above Grade Finished Sq Ft: 936
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above 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: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Type: Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: EAST SALISBURY
  • High School: WICOMICO
  • Middle Or Junior School: WICOMICO

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Zoning: R5
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5332903
  • Tax Annual Amount: 766.15
  • Assessor Parcel Number: 05-023874
  • Tax Page Number: 00208
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2020
Closed on
Mar 6, 2020
Sold by
Department Of Housing & Urban Dev
Bought by
Rcs Real Estate Invetsments Llc
Seller's Agent
Bernice Flax
Coastal Life Realty Group LLC
Buyer's Agent
Billy Barr
Keller Williams Realty Delmarva
List Price
$47,000
Sold Price
$43,000
Premium/Discount to List
-$4,000
-8.51%
Current Estimated Value
$132,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,511
Avg. Annual Appreciation
21.06%

Purchase Details

Listed on
Jan 15, 2020
Closed on
Jan 7, 2020
Sold by
Midfirst Bank
Bought by
Department Of Housing And Urban Dev
Seller's Agent
Bernice Flax
Coastal Life Realty Group LLC
Buyer's Agent
Billy Barr
Keller Williams Realty Delmarva
List Price
$47,000
Sold Price
$43,000
Premium/Discount to List
-$4,000
-8.51%

Purchase Details

Closed on
Nov 1, 2019
Sold by
Lane Joyce Carol
Bought by
Midfirst Bank

Purchase Details

Closed on
Oct 25, 2000
Sold by
Colbourne Ruth A
Bought by
Lane Joyce C

Purchase Details

Closed on
Sep 20, 1989
Sold by
Mcgoogan Gregory K
Bought by
Colbourne Ruth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,500
Interest Rate
10.05%

Purchase Details

Closed on
Dec 31, 1987
Sold by
Waller Edna P
Bought by
Mcgoogan Gregory K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,700
Interest Rate
10.61%
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
Rcs Real Estate Invetsments Llc $43,000 Resort Land T&E Llc
Department Of Housing And Urban Dev -- None Available
Midfirst Bank $41,040 None Available
Lane Joyce C $40,810 --
Colbourne Ruth A $41,500 --
Mcgoogan Gregory K $31,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colbourne Ruth A $41,500
Previous Owner Mcgoogan Gregory K $29,700
Closed Lane Joyce C --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2020 03/06/20 Sold $43,000 -8.5% $46 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
01/15/2020 01/15/20 For Sale $47,000 -- $50 / 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 $579 $63,400 $0 $0
2024 $568 $59,200 $9,200 $50,000
2023 $519 $52,533 $0 $0
2022 $467 $45,867 $0 $0
2021 $401 $39,200 $9,200 $30,000
2020 $392 $38,000 $0 $0
2019 $385 $36,800 $0 $0
2018 $752 $35,600 $9,200 $26,400
2017 $655 $34,000 $0 $0
2016 -- $32,400 $0 $0
2015 $645 $30,800 $0 $0
2014 $645 $30,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC106402

Bright MLS

APN: 05-023874