NOT LISTED FOR SALE

404 E Pine St Unit 1 And 2 Delmar, MD 21875

North Salisbury Neighborhood

Estimated Value: $247,000 - $259,000

3 Beds
1 Bath
3,344 Sq Ft
$75/Sq Ft Est. Value

Last Sold April 24, 2017

Last sale price $131,250 $39 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,470/month

4 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heat Pump System

About This Home

As of April 2017

Perfect investment opportunity! This 3,000 square foot home is split right down the middle into 2 individual apartments. Has current and long term tenants bringing in roughly 20k gross per year! Each unit has 3 bedroom, 1 dining room and 1 kitchen. Priced aggressive and turnkey! CAN ONLY SHOW ON THURSDAYS AND SATURDAYS.

Last Agent to Sell the Property

Alexander Keenan

Keller Williams Realty Listed on: 02/15/2017

Last Buyer's Agent

Judy Taylor

ERA Martin Associates License #509710

ERA Martin Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,636

Year Built

  • Built in 1924

Lot Details

  • 0.3 Acre Lot
  • Cleared Lot
  • Zoning described as R1

Home Design

  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 3,344 Sq Ft Home
  • Property has 2 Levels
  • Crawl Space
  • Storage In Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Delmar Elementary School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 009492

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,636

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Storage: Attic
  • Year Built: 1924
  • Remarks Public: Perfect investment opportunity! This 3,000 square foot home is split right down the middle into 2 individual apartments. Has current and long term tenants bringing in roughly 20k gross per year! Each unit has 3 bedroom, 1 dining room and 1 kitchen. Priced aggressive and turnkey! CAN ONLY SHOW ON THURSDAYS AND SATURDAYS.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block, Crawl Space
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3344
  • Living Area Sq Ft: 3344
  • Price Per Sq Ft: 32.89
  • Above Grade Finished Sq Ft: 3344
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 404

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.30
  • Zoning Description: R1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5356439
  • Assessor Parcel Number: 009492
  • County Tax Payment Frequency: Annually
  • Close Date: 04/24/2017

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2018
Sold by
Tullous Todd
Bought by
Thor Bridge Llc
Current Estimated Value
$251,397

Purchase Details

Listed on
Feb 15, 2017
Closed on
Apr 24, 2017
Sold by
Heidel Bruce E
Bought by
Tullous Todd
Seller's Agent
Alexander Keenan
Keller Williams Realty
Buyer's Agent
Judy Taylor
ERA Martin Associates
List Price
$109,995
Sold Price
$131,250
Premium/Discount to List
$21,255
19.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Original Mortgage
$98,400
Interest Rate
7.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 20, 2004
Sold by
Nock William H E
Bought by
Heidel Bruce E
Source: Public Records

Similar Homes in Delmar, MD

  • 31717 Melson Rd, Delmar, MD 21875

    $201,000

    • 2 Beds
    • 1 Bath
    • 806 Sq Ft
    • 31717 Melson Rd
    • Delmar, MD

    Charming 2-bedroom, 1-bath Bungalow home awaits your personal touches to bring out its true potential. The home is situated on a large rural 1+ acre lot. The home also has a second level with a large bonus space that could be set up for an additional living space. A new metal roof and a new HVAC system are just a couple upgrades that have recently been installed. There is also a large 2-car

    Eric Johnson ERA Martin Associates

    Section Image
  • 607 1 E Chestnut St, Delmar, MD 21875

    $200,000

    • 4 Beds
    • 2 Baths
    • 2,023 Sq Ft
    • 607 1 E Chestnut St
    • Delmar, MD

    Excellent Investment Opportunity in Delmar, MD!Don't miss this rare opportunity to own a duplex in the heart of Delmar, Maryland—perfect for investors or those looking to live in one unit and rent the other! Each side features 2 bedrooms and 1 full bathroom, offering comfortable and functional living spaces.Previously rented at $1,250 per unit, this property brings in a strong rental income with

    Ainoy Philavanh EXP Realty, LLC

    Section Image
  • 502 E East St, Delmar, MD 21875

    $299,900

    • 3 Beds
    • 2 Baths
    • 1,400 Sq Ft
    • 502 E East St
    • Delmar, MD

    This newly constructed 1,400 sq ft ranch-style home offers a perfect blend of modern amenities and functionality. The spacious layout offers an inviting floor plan with 3 bedrooms and 2 bathrooms. The kitchen offers sleek stainless-steel appliances that perfectly complement the contemporary design. The beautiful Luxury Vinyl Plank (LVP) flooring throughout the home offers durability while

    Leann Henrybuck Coldwell Banker Realty

    Section Image
  • 10 E Chestnut St, Delmar, MD 21875

    $279,900

    • 5 Beds
    • 2 Baths
    • 2,100 Sq Ft
    • 10 E Chestnut St
    • Delmar, MD

    This beautifully renovated 5-bedroom, 2-bathroom Colonial home, situated in the heart of Delmar, Maryland, offers a harmonious blend of historic charm and modern comfort. Spanning two floors, the residence boasts a spacious layout with fresh vinyl plank flooring throughout, providing both durability and style. The newly remodeled kitchen is the heart of the home, featuring sleek stainless steel

    Megan Carpenter Tesla Realty Group, LLC

    Section Image
  • 504 E East St, Delmar, MD 21875

    $270,000

    • 5 Beds
    • 2 Baths
    • 1,748 Sq Ft
    • 504 E East St
    • Delmar, MD

    Stunning Fully Renovated 1920’s Cape Cod in Downtown Delmar, MDStep into this beautifully renovated 5-bedroom, 2-bathroom home, located in the heart of downtown Delmar. This charming home offers a truly exceptional living experience. The first-floor owner’s suite offers a private, comfortable space with easy access to the main living areas. While the extra-large foyer, flooded with natural light

    Leann Henrybuck Coldwell Banker Realty

    Section Image
  • 412 E State St, Delmar, MD 21875

    $264,500

    • 4 Beds
    • 2 Baths
    • 1,933 Sq Ft
    • 412 E State St
    • Delmar, MD

    Looking for a home in Delmar, Md....Here it is. This is a 4 bedroom 2 bath home with 3 levels. The rooms are spacious & bright. Home has a wrap around front porch with a large backyard. Main level offers a large living area, dining room , kitchen , laundry room and full bathroom. Upstairs has 3 bedrooms and a full bathroom. The 3rd level offers a bonus area with the 4th bedroom. The State

    Anna Montgomery Long & Foster Real Estate, Inc.

    Section Image
  • 701 E State St, Delmar, DE 19940

    $220,000

    • 4 Beds
    • 2.5 Baths
    • 1,680 Sq Ft
    • 701 E State St
    • Delmar, DE

    **OFFER DEADLINE 6/9/25 BY 5PM** --**PRICED TO SELL!!** Welcome to 701 E. State St, a charming home on a spacious corner lot -- in close proximity to the beaches! Step into history with this 4-bedroom, 2 1/2 bath home, nestled on a half acre lot with a wrap around porch, in a prime location close to shops, dining and everyday conveniences. Built in 1923, this home blends classic charm with

    Candice Loper EXP Realty, LLC

    Section Image
  • 802 E State St, Delmar, MD 21875

    $189,000

    • 3 Beds
    • 2 Baths
    • 1,358 Sq Ft
    • 802 E State St
    • Delmar, MD

    Located in the heart of Delmar, Maryland, this charming 3-bedroom, 2-bath home offers an incredible opportunity in a sought-after location at an obtainable price. Just one block from Delaware’s shopping and dining, and only 5 minutes from Salisbury, this home places you right at the Delaware–Maryland border with easy access to both state amenities and the vibrant Delmar downtown area.Inside,

    Casey Neves The Parker Group

    Section Image
  • 8695 Mar Lynn Dr, Delmar, MD 21875

    $307,000

    • 3 Beds
    • 2 Baths
    • 1,452 Sq Ft
    • 8695 Mar Lynn Dr
    • Delmar, MD

    Don’t miss this beautifully renovated 3-bedroom, 2-bathroom rancher, situated on just over 1/2 an acre of land. The home features a brand-new kitchen, complete with sleek granite countertops and new appliances. This modern space offers both style and functionality, perfect for preparing meals and entertaining guests. The floor plan is open and flows naturally between the kitchen, dining area and

    Erin Failaev ERA Martin Associates

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Thor Bridge Llc $152,500 None Available
Tullous Todd $131,250 Mid Atlantic Title & Escrow
Heidel Bruce E $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tullous Todd $98,400
Previous Owner Heidel Bruce E $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2017 04/24/17 Sold $131,250 +19.3% $39 / Sq Ft
02/19/2017 02/19/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $109,995 -- $33 / 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
2024 $1,636 $170,600 $0 $0
2023 $1,508 $152,500 $20,600 $131,900
2022 $1,549 $152,000 $0 $0
2021 $1,549 $151,500 $0 $0
2020 $1,557 $151,000 $20,600 $130,400
2019 $1,280 $122,300 $0 $0
2018 $984 $93,600 $0 $0
2017 $683 $64,900 $0 $0
2016 -- $64,900 $0 $0
2015 $725 $64,900 $0 $0
2014 $725 $66,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001851148

Bright MLS

APN: 11-009492