Seller's Agent in 2024
Aubrey Campbell
Keller Williams Realty Delmarva
(302) 393-0169
14 in this area
109 Total Sales
317 Chestnut Way Salisbury, MD 21804
North Salisbury NeighborhoodEstimated Value: $158,000 - $400,842
5
Beds
2
Baths
1,596
Sq Ft
$145/Sq Ft
Est. Value
About This Home
As of May 2024**Property is part of a larger portfolio and will not be sold individually.** Welcome to an exceptional investment opportunity! This diversified portfolio consists of 19 properties comprising a total of 20 units, primarily single-family homes, along with one duplex. With a gross annual rental income of $319,860, this portfolio offers a robust and steady income stream for savvy investors and with some properties being newly renovated and others offering value-add opportunities, the potential is limitless! Tenants are responsible for water, trash, sewer and lawn maintenance, ensuring minimal expenses for the property owner. All properties are located in Salisbury and Fruitland, so they benefit from a stable rental demand and strong long-term tenant occupancy. Whether you’re a seasoned investor or just getting started in real estate, this portfolio offers the potential for significant returns and long-term wealth accumulation.
Last Agent to Sell the Property
(302) 393-0169 acampbell@davis-strategic.com Keller Williams Realty Delmarva License #5005561 Listed on: 02/09/2024
Last Buyer's Agent
(302) 393-0169 acampbell@davis-strategic.com Keller Williams Realty Delmarva License #5005561 Listed on: 02/09/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $110
Year Built
- Built in 1941
Lot Details
- 7,500 Sq Ft Lot
- Property is zoned R15
Parking
- Driveway
Home Design
- Block Foundation
Interior Spaces
- 1,596 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
- 2 Full Bathrooms
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 19
- Assessor Parcel Number 2305054060
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 5, 2025
Sold by
Real Estate Capital Partners 4 Llc
Bought by
Magnolia Team Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Outstanding Balance
$175,544
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$55,167
Purchase Details
Listed on
Feb 9, 2024
Closed on
Jul 2, 2024
Sold by
Equity Trust Company and Stewart Perim Ira
Bought by
Real Estate Capital Partners 4 Llc
Seller's Agent
Aubrey Campbell
Keller Williams Realty Delmarva
Buyer's Agent
Aubrey Campbell
Keller Williams Realty Delmarva
List Price
$154,900
Sold Price
$154,900
Views
130
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.92%
Purchase Details
Closed on
May 13, 2016
Sold by
Us Bank National Association
Bought by
Equity Trust Company and Stewart Perim Ira
Purchase Details
Closed on
Mar 18, 2016
Sold by
Whitney Diana L and Whitney Andrew N
Bought by
U S Bank National Association
Purchase Details
Closed on
Mar 17, 2005
Sold by
Shamrock Properties Llc
Bought by
Whitney Diana L and Whitney Andrew N
Purchase Details
Closed on
Apr 5, 2004
Sold by
Shamrock Properties Llc
Bought by
Whitney Diana L and Whitney Andrew N
Purchase Details
Closed on
Sep 2, 1999
Sold by
Arcadia Investments Llc
Bought by
Shamrock Properties Llc
Purchase Details
Closed on
Oct 6, 1997
Sold by
S & H Investment Co
Bought by
Arcadia Investments Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Magnolia Team Llc | -- | Westcor Land Title | |
| Magnolia Team Llc | -- | Westcor Land Title | |
| Real Estate Capital Partners 4 Llc | $394,736 | First American Title | |
| Equity Trust Company | $26,300 | Advantage Title Company | |
| U S Bank National Association | $49,600 | None Available | |
| Whitney Diana L | -- | -- | |
| Whitney Diana L | -- | -- | |
| Shamrock Properties Llc | $53,264 | -- | |
| Arcadia Investments Llc | $40,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Magnolia Team Llc | $176,000 | |
| Closed | Magnolia Team Llc | $176,000 | |
| Closed | Whitney Diana L | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/24/2024 05/24/24 | Sold | $154,900 | 0.0% | $97 / Sq Ft | |
| 03/18/2024 03/18/24 | Pending | -- | -- | -- | |
| 02/09/2024 02/09/24 | For Sale | $154,900 | +1621.1% | $97 / Sq Ft | |
| 05/30/2018 05/30/18 | Sold | $9,000 | -39.6% | $6 / Sq Ft | View Prior Sale |
| 05/02/2018 05/02/18 | Pending | -- | -- | -- | |
| 10/09/2017 10/09/17 | For Sale | $14,900 | -- | $9 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,057 | $111,500 | $26,800 | $84,700 |
| 2024 | $1,057 | $103,967 | $0 | $0 |
| 2023 | $962 | $96,433 | $0 | $0 |
| 2022 | $966 | $88,900 | $26,800 | $62,100 |
| 2021 | $780 | $70,400 | $0 | $0 |
| 2020 | $595 | $51,900 | $0 | $0 |
| 2019 | $410 | $33,400 | $18,800 | $14,600 |
| 2018 | $411 | $33,400 | $18,800 | $14,600 |
| 2017 | $411 | $33,400 | $0 | $0 |
| 2016 | -- | $49,200 | $0 | $0 |
| 2015 | $520 | $49,200 | $0 | $0 |
| 2014 | $520 | $49,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Aubrey Campbell
-
Bret Davis
Seller Co-Listing Agent in 2024
Bret Davis
Keller Williams Realty Delmarva
(240) 994-6481
12 in this area
110 Total Sales
-
J.V. Wells
Seller's Agent in 2018
J.V. Wells
RE/MAX
2 in this area
38 Total Sales
-
Dana Wells
Seller Co-Listing Agent in 2018
Dana Wells
Berkshire Hathaway HomeServices PenFed Realty - OP
(410) 726-0929
3 in this area
64 Total Sales
-
Ginnie Malone
Buyer's Agent in 2018
Ginnie Malone
Coldwell Banker Realty
(410) 251-6188
6 in this area
144 Total Sales
Map
Source: Bright MLS
MLS Number: MDWC2012478
APN: 05-110831
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