NOT LISTED FOR SALE

228 Canal Park Dr Unit G101 Salisbury, MD 21804

South Salisbury Neighborhood

Estimated Value: $147,000 - $164,000

3 Beds
2 Baths
1,583 Sq Ft
$558/mo HOA Fee

Last Sold May 31, 2024

Last sale price $140,000 $88 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,443/month

9 Days on Market

Highlights

  • Water Oriented
  • Balcony
  • Central Air
  • Pond
  • Level Entry For Accessibility
  • Dogs and Cats Allowed

About This Home

As of May 2024

First floor (not ground level) 3 bedroom, 2 bath condo in Canal Woods. Spectacular water views. Long rental history but no lease tie-in. Perfect for the investor, first time buyer or investor looking for low maintenance living at an affordable price.

Last Agent to Sell the Property

Dale King

(443) 783-2230 dale@vrgsalisbury.com Vision Realty Group of Salisbury License #587683 Listed on: 04/09/2024

Last Buyer's Agent

Lynn Makowiecki

(410) 979-7837 lynn.makowiecki@cbrealty.com Coldwell Banker Realty License #5011254

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,799

Year Built

  • Built in 1975

Lot Details

  • 1

HOA Fees

  • $558 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Plywood Siding Panel T1-11
  • Stick Built Home

Interior Spaces

  • 1,583 Sq Ft Home
  • Property has 4 Levels

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Assigned parking located at #3
  • Parking Lot
  • 1 Assigned Parking Space

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Pond
  • Balcony

Schools

  • Prince Street Elementary School
  • Fruitland Middle School
  • Parkside High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2316026719

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, sewer, water, trash
  • Low-Rise Condominium
  • Canal Wood/Daphne Rosen Condos
  • Canal Woods I Community
  • Canal Woods CM Subdivision

Amenities

  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,799

Year Built

Built in 1975

Lot Details

0

HOA Fees

$558 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1975
  • Assigned Parking Space Numbers: 3
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Stove, Dishwasher, Washer, Dryer, Refrigerator
  • Entry Floor: 2
  • Fireplace: No
  • Levels Count: 4
  • Basement: No
  • Total Sq Ft: 1583
  • Living Area Sq Ft: 1583
  • Price Per Sq Ft: 80.54
  • Above Grade Finished Sq Ft: 1583
  • 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: Frame, Stick Built, T-1-11
  • Water Access: No
  • Water Body Name: Tony Tank Pond
  • Water Body Type: Pond
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: Yes
  • Condo Co-Op Fee: 558.33
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Canal Wood/Daphne Rosen
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Sewer, Water, Trash
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: PRINCE STREET
  • High School: PARKSIDE
  • Middle Or Junior School: FRUITLAND

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balcony
  • Zoning: RES
  • In City Limits: Yes

Rental Info

  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 16800.00
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1799.00
  • Assessor Parcel Number: 2316026719
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
May 31, 2024
Sold by
Bays Brian
Bought by
Smith Scott D
Seller's Agent
Dale King
Vision Realty Group of Salisbury
Buyer's Agent
Lynn Makowiecki
Coldwell Banker Realty
List Price
$127,500
Sold Price
$140,000
Premium/Discount to List
$12,500
9.8%
Views
83
Current Estimated Value
$154,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,594
Avg. Annual Appreciation
6.74%
Original Mortgage
$80,000
Outstanding Balance
$79,018
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$75,576

Purchase Details

Closed on
Nov 6, 2017
Sold by
Bays Brian and Bays Joel
Bought by
Bays Brian

Purchase Details

Closed on
Sep 7, 2007
Sold by
Smith William C and Smith Katherine L
Bought by
Bays Brian and Bays Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,902
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2007
Sold by
Smith William C and Smith Katherine L
Bought by
Bays Brian and Bays Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,902
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 1996
Sold by
Dennis Lillie M
Bought by
Smith William C and Smith Katherine L

Purchase Details

Closed on
May 12, 1995
Sold by
Lamotte Frances P
Bought by
Dennis Lillie M and Dennis Benjamin W
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
Smith Scott D $140,000 None Listed On Document
Bays Brian -- None Available
Bays Brian $140,000 --
Bays Brian $140,000 --
Smith William C $84,900 --
Dennis Lillie M $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Scott D $80,000
Previous Owner Bays Brian $138,902
Previous Owner Bays Brian $138,902
Closed Dennis Lillie M --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $140,000 +9.8% $88 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
04/17/2024 04/17/24 Off Market $127,500 -- --
04/09/2024 04/09/24 For Sale $127,500 -- $81 / 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 $865 $107,067 $0 $0
2024 $865 $90,200 $27,000 $63,200
2023 $884 $88,600 $0 $0
2022 $887 $87,000 $0 $0
2021 $873 $85,400 $25,600 $59,800
2020 $843 $81,733 $0 $0
2019 $817 $78,067 $0 $0
2018 $1,538 $74,400 $22,300 $52,100
2017 $1,538 $74,400 $0 $0
2016 $1,982 $74,400 $0 $0
2015 $1,982 $75,900 $0 $0
2014 $1,982 $75,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dale King

    Seller's Agent in 2024

    Dale King

    Vision Realty Group of Salisbury

    (443) 783-2230

    53 in this area

    179 Total Sales

    Dale King
    Section Image
  • Lynn Makowiecki

    Buyer's Agent in 2024

    Lynn Makowiecki

    Coldwell Banker Realty

    (410) 979-7837

    4 in this area

    30 Total Sales

    Lynn Makowiecki
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWC2013178

Bright MLS

APN: 16-026719

Maryland Wicomico County Salisbury 21804 South Salisbury

228 Canal Park Dr Unit G101, Salisbury, MD

Not Listed for Sale

Condos

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