NOT LISTED FOR SALE

28658 Ocean Gateway Salisbury, MD 21801

North Salisbury Neighborhood

Estimated Value: $133,485 - $199,000

3 Beds
1 Bath
832 Sq Ft
$190/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $25,000 $30 Per Sq Ft

Est. 531% increase in value since last sale

Current estimated payment $871/month

Highlights

  • No HOA
  • Asbestos
  • 4-minute walk to Indian Village Neighborhood Park
  • Bungalow

About This Home

As of March 2021

This is part of an estate sale. Being sold "as is". There is limited information. There is little to no value in the home. Home is not safe to go inside. Value is in the land

Last Agent to Sell the Property

Suzanah Cain

(410) 430-2118 suzanahoc@aol.com Berkshire Hathaway HomeServices PenFed Realty - OP License #RS0014975 Listed on: 02/22/2021

Berkshire Hathaway HomeServices PenFed Realty - OP

Co-Listed By

Stephen Cain

(443) 783-1483 stephen@cainteamofoc.com Berkshire Hathaway HomeServices PenFed Realty - OP

Last Buyer's Agent

Suzanah Cain

(410) 430-2118 suzanahoc@aol.com Berkshire Hathaway HomeServices PenFed Realty - OP License #RS0014975 Listed on: 02/22/2021

Berkshire Hathaway HomeServices PenFed Realty - OP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $325

Year Built

  • Built in 1962

Lot Details

  • 0.31 Acre Lot
  • Cleared Lot

Parking

  • Driveway

Home Design

  • Bungalow
  • Fixer Upper
  • Asbestos Shingle Roof
  • Asbestos

Interior Spaces

  • 832 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Private Water Source
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 09-011358

Home Details

Home Type

Single Family

Est. Annual Taxes

$325

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Remarks Public: This is part of an estate sale. Being sold "as is". There is limited information. There is little to no value in the home. Home is not safe to go inside. Value is in the land
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 832
  • Living Area Sq Ft: 832
  • Price Per Sq Ft: 38.46
  • Above Grade Finished Sq Ft: 832
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 28658

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Private/Community Water

Condo/Co-op/Association

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

Schools

  • School District: WICOMICO COUNTY PUBLIC SCHOOLS
  • School District Key: 121138751831
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.31
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13580.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5347893
  • Tax Annual Amount: 325.00
  • Assessor Parcel Number: 09-011358
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 832
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/26/2021

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2021
Closed on
Apr 7, 2021
Sold by
Bright Arlette K and Estate Of Doris D Kane
Bought by
Smullen Augustine and Smullen Tameka
Seller's Agent
Suzanah Cain
Berkshire Hathaway HomeServices PenFed Realty - OP
Buyer's Agent
Suzanah Cain
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$38,000
Sold Price
$25,000
Premium/Discount to List
-$13,000
-34.21%
Current Estimated Value
$157,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,871
Avg. Annual Appreciation
49.41%
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
Smullen Augustine $25,000 Bright Ttl & Stlmt Svcs Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2021 03/26/21 Sold $25,000 -21.9% $30 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
03/02/2021 03/02/21 Price Changed $32,000 -15.8% $38 / Sq Ft
02/22/2021 02/22/21 For Sale $38,000 -- $46 / 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 $516 $53,267 $0 $0
2024 $516 $47,533 $0 $0
2023 $473 $41,800 $14,300 $27,500
2022 $390 $38,267 $0 $0
2021 $415 $34,733 $0 $0
2020 $382 $31,200 $14,300 $16,900
2019 $317 $30,267 $0 $0
2018 $359 $29,333 $0 $0
2017 $362 $28,400 $0 $0
2016 -- $28,400 $0 $0
2015 $528 $28,400 $0 $0
2014 $528 $33,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Suzanah Cain

    Seller's Agent in 2021

    Suzanah Cain

    Berkshire Hathaway HomeServices PenFed Realty - OP

    (410) 430-2118

    38 in this area

    347 Total Sales

    Suzanah Cain
    Section Image
  • Stephen Cain

    Seller Co-Listing Agent in 2021

    Stephen Cain

    Berkshire Hathaway HomeServices PenFed Realty - OP

    (443) 783-1483

    8 in this area

    67 Total Sales

    Stephen Cain
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWC111774

Bright MLS

APN: 09-011358

Maryland Wicomico County Salisbury 21801 North Salisbury

28658 Ocean Gateway, Salisbury, MD

This home is located at 28658 Ocean Gateway, Salisbury, MD 21801 since 22 February 2021 and is currently estimated at $157,871, approximately $189 per square foot. This property was built in 1962. 28658 Ocean Gateway is a home located in Wicomico County with nearby schools including Charles H. Chipman Elementary School, Glen Avenue Elementary School, and Salisbury Middle School.

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