NOT LISTED FOR SALE

320 Cherry Way Salisbury, MD 21804

North Salisbury Neighborhood

Estimated Value: $96,000 - $148,000

2 Beds
1 Bath
616 Sq Ft
$202/Sq Ft Est. Value

Last Sold July 11, 2018

Last sale price $29,500 $48 Per Sq Ft

Est. 321% increase in value since last sale

Current estimated payment $709/month

Highlights

  • Rambler Architecture
  • Baseboard Heating
  • Asbestos
  • No HOA

About This Home

As of July 2018

Cozy rancher with 2 bedrooms, 1 bathroom, with easy one floor living. Plenty of room in back yard to enjoy.

Last Agent to Sell the Property

Lynette Bridges-Catha

(443) 497-3128 smilin4shore@comcast.net Hileman Real Estate Inc-Salisbury License #RS0019451 Listed on: 04/17/2018

Last Buyer's Agent

Katherine Deckenback

(301) 514-4995 kate@thebrittsteam.com Keller Williams Realty Delmarva License #669114

Keller Williams Realty Delmarva

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 28,013 Sq Ft Lot
  • Cleared Lot
  • Zoning described as R15

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Asbestos
  • Stick Built Home

Interior Spaces

  • 616 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • East Salisbury Elementary School
  • Wicomico Middle School
  • Wicomico High School

Utilities

  • Baseboard Heating
  • 200+ Amp Service

Community Details

  • No Home Owners Association
  • Maple Plains Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 027748

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Federal Flood Insurance: Unknown
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1947
  • Remarks Public: Cozy rancher with 2 bedrooms, 1 bathroom, with easy one floor living. Plenty of room in back yard to enjoy.
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block, Crawl Space
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 616
  • Living Area Sq Ft: 616
  • Price Per Sq Ft: 48.54
  • Above Grade Finished Sq Ft: 616
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 320

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Asbestos, Vinyl Siding, Stick Built
  • Construction Completed: No
  • 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: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Electric
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: WICOMICO COUNTY PUBLIC SCHOOLS
  • Elementary School: EAST SALISBURY
  • Middle School: WICOMICO
  • High School: WICOMICO
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138751831
  • Elementary School: EAST SALISBURY
  • High School: WICOMICO
  • Middle Or Junior School: WICOMICO

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 28013.00
  • Zoning: RESIDENTIAL
  • Zoning Description: R15
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5333192
  • Tax Annual Amount: 936.00
  • Assessor Parcel Number: 027748
  • Tax Lot: 22
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 07/11/2018

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2018
Closed on
Jul 13, 2018
Sold by
Fannie Mae
Bought by
Norman Properties Llc
Seller's Agent
Lynette Bridges-Catha
Hileman Real Estate Inc-Salisbury
Buyer's Agent
Katherine Deckenback
Keller Williams Realty Delmarva
List Price
$29,900
Sold Price
$29,500
Premium/Discount to List
-$400
-1.34%
Current Estimated Value
$124,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,712
Avg. Annual Appreciation
21.80%

Purchase Details

Closed on
Mar 28, 2018
Sold by
Ross Joan D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 2, 1989
Sold by
Bowie Robert M and Bowie Mildred C
Bought by
Ross Joan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
10.48%

Purchase Details

Closed on
Feb 23, 1987
Sold by
Richardson Jane C
Bought by
Bowie Robert M and Bowie Mildred C

Purchase Details

Closed on
Mar 7, 1983
Sold by
Adkins John M and Adkins Doris J
Bought by
Richardson Jane C
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
Norman Properties Llc $29,500 Servicelink Llc
Federal National Mortgage Association $16,300 None Available
Ross Joan D $31,000 --
Bowie Robert M $5,500 --
Richardson Jane C $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ross Joan D $31,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2018 07/11/18 Sold $29,500 -1.3% $48 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $29,900 -- $49 / 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 $636 $65,900 $25,200 $40,700
2024 $636 $60,100 $0 $0
2023 $597 $54,300 $0 $0
2022 $554 $48,500 $25,200 $23,300
2021 $526 $45,600 $0 $0
2020 $500 $42,700 $0 $0
2019 $417 $39,800 $17,200 $22,600
2018 $444 $38,133 $0 $0
2017 $430 $36,467 $0 $0
2016 -- $34,800 $0 $0
2015 $412 $34,800 $0 $0
2014 $412 $34,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynette Bridges-Catha

    Seller's Agent in 2018

    Lynette Bridges-Catha

    Hileman Real Estate Inc-Salisbury

    (443) 497-3128

    6 in this area

    80 Total Sales

    Lynette Bridges-Catha
    Section Image
  • Katherine Deckenback

    Buyer's Agent in 2018

    Katherine Deckenback

    Keller Williams Realty Delmarva

    (301) 514-4995

    5 in this area

    101 Total Sales

    Katherine Deckenback
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001562320

Bright MLS

APN: 05-027748

Maryland Wicomico County Salisbury 21804 North Salisbury

320 Cherry Way, Salisbury, MD

This home is located at 320 Cherry Way, Salisbury, MD 21804 since 17 April 2018 and is currently estimated at $124,212, approximately $201 per square foot. This property was built in 1947. 320 Cherry Way is a home located in Wicomico County with nearby schools including Beaver Run Elementary School, East Salisbury Elementary School, and Wicomico Middle School.

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