NOT LISTED FOR SALE

Estimated Value: $88,000 - $174,000

2 Beds
1 Bath
862 Sq Ft
$142/Sq Ft Est. Value

Last Sold August 03, 2023

Last sale price $18,000 $21 Per Sq Ft

Est. 582% increase in value since last sale

Current estimated payment $653/month

14 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of August 2023

This property will be sold at ONLINE AUCTION. LIST PRICE REPRESENTS OPENING BID.

Bidding opens at 12 Noon on Tuesday, July 18, 2023 and closes at 1:00 pm on Thursday, July 20, 2023.

2 Bed, 1 Bath detached home - in need of renovation. Previously tenant occupied. Plenty of opportunity in this charming college town - can be renovated and rented to students or families who want to live in Salisbury. Less than 50 minutes to Ocean City, MD.

Please schedule all showings online via Showing Time.

Additional Auction Terms:
$6,000 or 10% buyer's premium, whichever is greater, will be added to the winning bid.
Property is being sold subject to an assignable contract of sale with closing required on or before July 31, 2023.
Property is sold AS-IS, no inspection contingency.
No financing contingency.
Buyer pays all transfer & recordation taxes.
$4,000 Earnest Money Deposit due at contract execution.

Buyers and Agents can register online where a complete due diligence package is available for review which includes photos, Neighborhood Scout and more.

Last Agent to Sell the Property

Justin Brewer

(443) 336-8423 justin@baltimorerealty.net Baltimore Realty, LLC Listed on: 07/06/2023

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $366

Year Built

  • Built in 1916

Lot Details

  • 2,000 Sq Ft Lot
  • Property is zoned R5

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 862 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 13A
  • Assessor Parcel Number 2309058427

Home Details

Home Type

Single Family

Est. Annual Taxes

$366

Year Built

Built in 1916

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1916
  • Automatically Close On Close Date: No
  • Special Features: Auction
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 862
  • Living Area Sq Ft: 862
  • Price Per Sq Ft: 23.20
  • Above Grade Finished Sq Ft: 862
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Spa: No
  • 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: No
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2000.00
  • Zoning: R5
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 366.00
  • Assessor Parcel Number: 2309058427
  • Tax Lot: 13A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Aug 3, 2023
Sold by
Doyle James
Bought by
Escobar Hilda
Seller's Agent
Justin Brewer
Baltimore Realty, LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$20,000
Sold Price
$18,000
Premium/Discount to List
-$2,000
-10%
Views
138
Current Estimated Value
$122,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,699
Avg. Annual Appreciation
112.90%

Purchase Details

Closed on
Jun 25, 2016
Sold by
Catalla Leovelito T
Bought by
Doyle James and Doyle Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2012
Sold by
Catalla Leovelito T and Catalla Norma G
Bought by
Catalla Leovelito T

Purchase Details

Closed on
Nov 5, 1982
Sold by
Kenney Tyrone J
Bought by
Catalla Leovelito T and Catalla Norma G

Purchase Details

Closed on
Jan 9, 1979
Sold by
Twilley Milford W
Bought by
Kenney Tyrone J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Escobar Hilda $18,000 First American Title
Doyle James $39,000 First American Title Ins Co
Catalla Leovelito T -- None Available
Catalla Leovelito T $3,100 --
Kenney Tyrone J $5,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Doyle James $29,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2023 08/03/23 Sold $18,000 -10.0% $21 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $20,000 -- $23 / 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 $272 $29,733 $0 $0
2024 $269 $28,100 $8,500 $19,600
2023 $149 $23,200 $0 $0
2022 $144 $18,300 $0 $0
2021 $91 $13,400 $5,700 $7,700
2020 $136 $13,200 $0 $0
2019 $136 $13,000 $0 $0
2018 $280 $12,800 $5,700 $7,100
2017 $280 $12,800 $0 $0
2016 -- $12,800 $0 $0
2015 $393 $20,800 $0 $0
2014 $393 $20,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC2010100

Bright MLS

APN: 09-058427

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