NOT LISTED FOR SALE

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

Estimated Value: $240,000 - $254,000

3 Beds
1 Bath
3,344 Sq Ft
$74/Sq Ft Est. Value

Last Sold April 24, 2017

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

Est. 89% increase in value since last sale

Current estimated payment $1,509/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 Listed By

Alexander Keenan

Keller Williams Realty Listed on: 02/15/2017

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
Total Days on Market
4
Current Estimated Value
$247,671

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
8.60%
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

Range of Values:

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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
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

  • Alexander Keenan

    Seller's Agent in 2017

    Alexander Keenan

    Keller Williams Realty

    Section Image
  • Judy Taylor

    Buyer's Agent in 2017

    Judy Taylor

    ERA Martin Associates

    (410) 430-0824

    33 Total Sales

    Judy Taylor
    Section Image
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Map

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Source: Bright MLS

MLS Number: 1001851148

Bright MLS

APN: 11-009492

Maryland Wicomico County Delmar 21875

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

Homes for Sale in Delmar, MD

This home is located at 404 E Pine St Unit 1 And 2, Delmar, MD 21875 since 15 February 2017 and is currently estimated at $247,671, approximately $74 per square foot. This property was built in 1924. 404 E Pine St Unit 1 And 2 is a home located in Wicomico County with nearby schools including Delmar Elementary School, Wicomico Middle School, and Wicomico High School.

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