NOT LISTED FOR SALE

31522 Spearin Rd Salisbury, MD 21804

South Salisbury Neighborhood

Estimated Value: $157,000 - $234,000

3 Beds
1 Bath
1,334 Sq Ft
$148/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $105,500 $79 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,138/month

22 Days on Market

Highlights

  • 1.01 Acre Lot
  • Window Unit Cooling System
  • Bungalow
  • No HOA
  • More Than Two Accessible Exits
  • Electric Baseboard Heater

About This Home

As of September 2020

Country living at its best, yet close to town, Cute bunglow in need of some TLC, bring your imagination, 3 bedrooms, 1 bath, living and dining room, sitting on an acre of property.

Last Agent to Sell the Property

Neda Howell

(410) 546-3211 andrew.mcbride@longandfoster.com Long & Foster Real Estate, Inc. License #520592 Listed on: 07/08/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Rusty Molnar

(410) 677-0909 lwbunting@comcast.net Keller Williams Realty Delmarva

Keller Williams Realty Delmarva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,092

Year Built

  • Built in 1948

Lot Details

  • 1.01 Acre Lot
  • Property is zoned AR

Parking

  • Driveway

Home Design

  • Bungalow
  • Aluminum Siding

Interior Spaces

  • 1,334 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Private Water Source
  • Electric Water Heater
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08-001928

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,092

Year Built

Built in 1948

Lot Details

1.01 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1948
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1334
  • Living Area Sq Ft: 1334
  • Price Per Sq Ft: 74.21
  • Above Grade Finished Sq Ft: 1334
  • Above Grade Finished Area Units: Square Feet

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: Aluminum Siding
  • 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
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 1.01
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43996.00
  • Zoning: AR
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5343135
  • Tax Annual Amount: 1092.00
  • Assessor Parcel Number: 08-001928
  • 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
Jul 8, 2020
Closed on
Sep 3, 2020
Sold by
Reo Sub 1B Llc
Bought by
Molnar Rebecca Lynn
Seller's Agent
Neda Howell
Long & Foster Real Estate, Inc.
Buyer's Agent
Rusty Molnar
Keller Williams Realty Delmarva
List Price
$99,000
Sold Price
$105,500
Premium/Discount to List
$6,500
6.57%
Current Estimated Value
$197,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,008
Avg. Annual Appreciation
11.98%
Original Mortgage
$89,250
Outstanding Balance
$79,203
Interest Rate
2.9%
Mortgage Type
Closed End Mortgage
Estimated Equity
$118,305

Purchase Details

Closed on
Jun 11, 2020
Sold by
Schimer Richard G and Schimer Sandra J
Bought by
Nationstar Reo Sub 1 B Llc

Purchase Details

Closed on
Feb 17, 2011
Sold by
Schirner Richard G
Bought by
Schirner Richard G and Schirner Sandra J

Purchase Details

Closed on
Jun 3, 1993
Sold by
Calame Charles A and Calame Margaret A
Bought by
Schirner Richard G
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
Molnar Rebecca Lynn $105,500 Crown Title Corporation
Nationstar Reo Sub 1 B Llc -- Security American Title Llc
Schirner Richard G -- --
Schirner Richard G $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molnar Rebecca Lynn $89,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2020 09/10/20 Sold $105,500 +6.6% $79 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $99,000 -- $74 / 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 $1,191 $120,500 $40,000 $80,500
2024 $1,196 $115,400 $0 $0
2023 $1,180 $110,300 $0 $0
2022 $1,162 $105,200 $40,000 $65,200
2021 $1,068 $104,900 $0 $0
2020 $974 $104,600 $0 $0
2019 $1,092 $104,300 $40,000 $64,300
2018 $910 $92,533 $0 $0
2017 $824 $80,767 $0 $0
2016 -- $69,000 $0 $0
2015 $763 $69,000 $0 $0
2014 $763 $69,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Neda Howell

    Seller's Agent in 2020

    Neda Howell

    Long & Foster

    (410) 430-0076

    1 in this area

    66 Total Sales

    Neda Howell
    Section Image
  • Rusty Molnar

    Buyer's Agent in 2020

    Rusty Molnar

    Keller Williams Realty Delmarva

    (410) 726-2095

    6 in this area

    100 Total Sales

    Rusty Molnar
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWC108808

Bright MLS

APN: 08-001928

Maryland Wicomico County Salisbury 21804 South Salisbury

31522 Spearin Rd, Salisbury, MD

Not Listed for Sale

Detached

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