Seller's Agent in 2020
John Terrell
ERA Martin Associates
(410) 726-2421
9 in this area
78 Total Sales
28735 Ocean Gateway Salisbury, MD 21801
North Salisbury NeighborhoodEstimated Value: $212,000 - $272,000
4
Beds
3
Baths
1,588
Sq Ft
1.24
Acre Lot
Highlights
- 1.24 Acre Lot
- No HOA
- Living Room
- Farmhouse Style Home
- Window Unit Cooling System
- Combination Kitchen and Dining Room
About This Home
As of December 2020Nice investment property with updated rental rates reported as $825 downstairs for the two bedrooms unit and two separate upstairs units with one bedroom each at $550 and $500 respectively. No city taxes or inspections are required. The property is zoned Light Business/Residential so there is also strong potential to be developed with other business opportunities on the 1.24 acre parcel of land! The seller has spent in excess of $14,000 on improvements while the listing was withdrawn to repair the items on the previous inspection report.
Last Agent to Sell the Property
(410) 749-1818 john.terrell@era.com ERA Martin Associates License #RS0024201 Listed on: 09/17/2019
Last Buyer's Agent
(410) 208-3500 oceanpines@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty - OP License #RS0015701
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $959
Year Built
- Built in 1925
Lot Details
- North Facing Home
Home Design
- Farmhouse Style Home
- Entry on the 1st floor
- Aluminum Siding
Interior Spaces
- 1,588 Sq Ft Home
- Property has 2 Levels
- Wood Burning Fireplace
- Living Room
- Combination Kitchen and Dining Room
- Carpet
- Partial Basement
Kitchen
- Electric Oven or Range
- Range Hood
Bedrooms and Bathrooms
Parking
- Driveway
- Off-Street Parking
Schools
- Pemberton Elementary School
- Salisbury Middle School
- James M. Bennett High School
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Hot Water Heating System
- Private Water Source
- Electric Water Heater
- Septic Tank
- Community Sewer or Septic
Community Details
- No Home Owners Association
- Low-Rise Community
Listing and Financial Details
- Tax Lot 328
- Assessor Parcel Number 09-030131
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2019
Closed on
Dec 1, 2020
Sold by
Bought by
Seller's Agent
John Terrell
ERA Martin Associates
Buyer's Agent
Su Mei Prete
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$124,900
Sold Price
$124,900
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,210
Avg. Annual Appreciation
13.14%
Original Mortgage
$120,772
Interest Rate
0.027%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 9, 2004
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $124,900 | Capitol Title Group | ||
| $95,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $120,772 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/01/2020 12/01/20 | Sold | $124,900 | 0.0% | $79 / Sq Ft |
| 10/24/2020 10/24/20 | Pending | -- | -- | -- |
| 10/01/2020 10/01/20 | For Sale | $124,900 | 0.0% | $79 / Sq Ft |
| 07/01/2020 07/01/20 | Pending | -- | -- | -- |
| 05/05/2020 05/05/20 | For Sale | $124,900 | 0.0% | $79 / Sq Ft |
| 04/17/2020 04/17/20 | Pending | -- | -- | -- |
| 03/30/2020 03/30/20 | Price Changed | $124,900 | 0.0% | $79 / Sq Ft |
| 03/30/2020 03/30/20 | For Sale | $124,900 | 0.0% | $79 / Sq Ft |
| 11/21/2019 11/21/19 | Off Market | $124,900 | -- | -- |
| 10/31/2019 10/31/19 | Pending | -- | -- | -- |
| 09/17/2019 09/17/19 | For Sale | $114,900 | -- | $72 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,200 | $124,700 | $0 | $0 |
| 2024 | $1,098 | $108,300 | $0 | $0 |
| 2023 | $968 | $91,900 | $65,200 | $26,700 |
| 2022 | $996 | $91,900 | $65,200 | $26,700 |
| 2021 | $1,005 | $91,900 | $65,200 | $26,700 |
| 2020 | $1,011 | $92,200 | $65,200 | $27,000 |
| 2019 | $965 | $92,200 | $65,200 | $27,000 |
| 2018 | $1,032 | $92,200 | $65,200 | $27,000 |
| 2017 | $1,037 | $92,400 | $0 | $0 |
| 2016 | -- | $91,867 | $0 | $0 |
| 2015 | $884 | $91,333 | $0 | $0 |
| 2014 | $884 | $90,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Terrell
-
Su Mei Prete
Buyer's Agent in 2020
Su Mei Prete
Berkshire Hathaway HomeServices PenFed Realty - OP
(443) 880-8550
6 in this area
50 Total Sales
Map
Source: Bright MLS
MLS Number: MDWC104956
APN: 09-030131
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