NOT LISTED FOR SALE

303 E William St Salisbury, MD 21801

Newtown-North Division Neighborhood

Estimated Value: $224,903 - $312,000

-- Bed
2 Baths
2,228 Sq Ft
$124/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $262,500 $118 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,577/month

Highlights

  • Cathedral Ceiling
  • Victorian Architecture
  • Skylights
  • Main Floor Bedroom
  • 1 Fireplace
  • 2-minute walk to Jeanette P. Chipman Boundless Playground

About This Home

As of October 2022

OPEN HOUSE CANCELLED: Talk about opportunity, value, and historic charm...... this 1924 Victorian Duplex/Two Unit home has been modernized, recently remodeled, and cash-flows well to boot. Before you even walk in you'll notice how lovingly the owners have taken care of this property. The grand front porch greets you with a cozy welcome before entering the tall foyer up to a 3 bedroom unit, that's brand new and ready for you or a tenant of your chosing. Before moving on from the 3 bedroom unit, you won't be able to miss the 3rd floor master, with it's vaulted ceilings and twin skylights. Downstairs theres a lovely 2 bedroom unit with high ceilings throughout, and tons of character, very similar to the upstairs unit. The downstairs unit comes with fresh paint and a clean, quiet, and responsible tenant. The property also boasts an oversized fenced rear yard and covered porch. Added value is the full dry basement with washer and dryer, along with ample room for storage. Live in one unit and rent out the other or rent them both for even more income. Property has been up to date with all registrations and certs. Legal and legit. Documents available for serious buyers. Priced to move...... so, bring us your offer today.

Last Agent to Sell the Property

Wayne Smith

(410) 251-8406 myrealtorwayne@gmail.com Keller Williams Realty Listed on: 09/27/2022

Keller Williams Realty

Last Buyer's Agent

Harryson Domercant

(302) 260-0659 harrysondomercant@gmail.com Keller Williams Realty Delmarva

Keller Williams Realty Delmarva

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,154

Year Built

  • Built in 1924

Lot Details

  • 5,848 Sq Ft Lot
  • Cleared Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Victorian Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Shingle Siding
  • Metal Siding
  • Stick Built Home

Interior Spaces

  • 2,228 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Cedar Closet
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Patio

Schools

  • Wicomico High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 26A
  • Assessor Parcel Number 2305017068

Community Details

Overview

  • 2 Units
  • 4-Story Building

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,154

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2022-09-28
  • Year Built: 1924
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: OPEN HOUSE CANCELLED: Talk about opportunity, value, and historic charm...... this 1924 Victorian Duplex/Two Unit home has been modernized, recently remodeled, and cash-flows well to boot. Before you even walk in you'll notice how lovingly the owners have taken care of this property. The grand front porch greets you with a cozy welcome before entering the tall foyer up to a 3 bedroom unit, that's brand new and ready for you or a tenant of your chosing. Before moving on from the 3 bedroom unit, you won't be able to miss the 3rd floor master, with it's vaulted ceilings and twin skylights. Downstairs theres a lovely 2 bedroom unit with high ceilings throughout, and tons of character, very similar to the upstairs unit. The downstairs unit comes with fresh paint and a clean, quiet, and responsible tenant. The property also boasts an oversized fenced rear yard and covered porch. Added value is the full dry basement with washer and dryer, along with ample room for storage. Live in one unit and rent out the other or rent them both for even more income. Property has been up to date with all registrations and certs. Legal and legit. Documents available for serious buyers. Priced to move...... so, bring us your offer today.
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Electric, Washer
  • Interior Amenities: Entry Level Bedroom, Cedar Closet(s), Ceiling Fan(s), Skylight(s), Walk-In Closet(s), Window Treatments
  • Window Features: Skylights, Insulated, Screens, Storm
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Block
  • Room Count: 12
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2228
  • Living Area Sq Ft: 2228
  • Price Per Sq Ft: 112.16
  • Above Grade Finished Sq Ft: 2228
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 303

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Metal Siding, Shingle Siding, Stick Built
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: R
  • Lot Features: Cleared
  • Lot Size Acres: 0.13
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5848.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2022
  • Zoning: R5
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5332363
  • Tax Annual Amount: 2154.00
  • Assessor Parcel Number: 2305017068
  • Tax Lot: 26A
  • Tax Total Finished Sq Ft: 2228
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/28/2022

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2023
Sold by
Wilgus Financial Llc
Bought by
Virgile Velus
Current Estimated Value
$276,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,320
Outstanding Balance
$165,946
Interest Rate
6.39%
Mortgage Type
Seller Take Back
Estimated Equity
$110,280

Purchase Details

Closed on
May 8, 2023
Sold by
Two Cousins Rentals Llc
Bought by
Wilgus Financial Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,320
Outstanding Balance
$165,946
Interest Rate
6.39%
Mortgage Type
Seller Take Back
Estimated Equity
$110,280

Purchase Details

Listed on
Sep 27, 2022
Closed on
Oct 26, 2022
Sold by
Forner Sean
Bought by
Two Cousins Rentals Llc
Seller's Agent
Wayne Smith
Keller Williams Realty
Buyer's Agent
Harryson Domercant
Keller Williams Realty Delmarva
List Price
$249,900
Sold Price
$262,500
Premium/Discount to List
$12,600
5.04%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.74%
Original Mortgage
$236,250
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2017
Sold by
Cathey Rebecca A
Bought by
Daniher Ryan and Forner Sean J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2003
Sold by
Iott Keith C and Iott Patricia A
Bought by
Cathey Rebecca A

Purchase Details

Closed on
Dec 23, 1986
Sold by
Gaskill Clement M
Bought by
Iott Keith C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,837
Interest Rate
9.3%
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
Virgile Velus $304,000 None Listed On Document
Wilgus Financial Llc $300,000 None Listed On Document
Two Cousins Rentals Llc $262,500 --
Daniher Ryan $92,000 Sage Title Group Llc
Cathey Rebecca A $129,000 --
Iott Keith C $46,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Virgile Velus $170,320
Previous Owner Two Cousins Rentals Llc $236,250
Previous Owner Daniher Ryan $73,600
Previous Owner Iott Keith C $48,837
Closed Cathey Rebecca A --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2022 10/28/22 Sold $262,500 +5.0% $118 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
09/27/2022 09/27/22 For Sale $249,900 -- $112 / 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 $1,346 $150,833 $0 $0
2024 $1,346 $140,400 $16,300 $124,100
2023 $1,226 $124,000 $0 $0
2022 $1,096 $107,600 $0 $0
2021 $932 $91,200 $16,300 $74,900
2020 $941 $91,200 $16,300 $74,900
2019 $955 $91,200 $16,300 $74,900
2018 $1,929 $93,800 $16,300 $77,500
2017 $1,929 $93,800 $0 $0
2016 $2,488 $93,800 $0 $0
2015 $2,488 $95,500 $0 $0
2014 $2,488 $95,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2022

    Wayne Smith

    Keller Williams Realty

    (410) 251-8406

    5 in this area

    16 Total Sales

    Wayne Smith
    Section Image
  • Harryson Domercant

    Buyer's Agent in 2022

    Harryson Domercant

    Keller Williams Realty Delmarva

    (302) 260-0659

    6 in this area

    265 Total Sales

    Harryson Domercant
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWC2006992

Bright MLS

APN: 05-017068

Maryland Wicomico County Salisbury 21801 Newtown-North Division

303 E William St, Salisbury, MD

This home is located at 303 E William St, Salisbury, MD 21801 since 27 September 2022 and is currently estimated at $276,226, approximately $123 per square foot. This property was built in 1924. 303 E William St is a home located in Wicomico County with nearby schools including West Salisbury Elementary School, North Salisbury Elementary School, and Salisbury Middle School.

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