NOT LISTED FOR SALE

Estimated Value: $340,603

3 Beds
2.5 Baths
1,675 Sq Ft
$203/Sq Ft Est. Value

Sale Details

Date Sold: March 8, 2024

Last sale price $320,000 $191 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,117 / mo

4 Days on Market

Highlights

  • New Construction
  • Colonial Architecture
  • 2 Car Attached Garage
  • View of Trees or Woods
  • No HOA
  • Living Room

About This Home

As of March 2024

*Highest and Best offers due to listing agent by 5pm on 2/1/24.* This new construction home is being offered to you by a private builder with decades of experience in the arts, content on bringing to you a new home that is nothing less than elegant. When you buy a home and are comfortably settled in, there are many things you won’t want to cause you to worry. The roof and how long it will last, the HVAC and the efficiency, the septic system and the longevity, the well and the water pressure, the windows and their attractiveness and function, etc., etc. The items described and many more will NOT cause you any worries because this home is BRAND NEW! The home was built with a traditional architectural style, elegant and contemporary features, combined with all the luxuries and amenities you would come to expect from a new home. This is a beautiful home in a nice location on Bailey Lane that includes some of the following features: Electric Fireplace uniquely built into the living room wall, two story foyer, Stainless Steel Appliances, Quality Granite Countertops, high grade fixtures, two car garage with a cathedral ceiling. The lot is about one-half acre in size and provides opportunities for play and relaxation! This home might just be what you have been wishing might become available. After much planning, this home is offered to you with substantially more sq ft on average than the national builders with all the amenities combined at a price you can afford.

Last Agent to Sell the Property

John Terrell

(410) 749-1818 john.terrell@era.com ERA Martin Associates License #RS0024201 Listed on: 01/29/2024

Last Buyer's Agent

Elena Arevalo

(202) 243-7700 elenaarevalo21@comcast.net Keller Williams Capital Properties License #0225090293

Keller Williams Capital Properties
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Home Details

Home Type

  • Single Family

Lot Details

  • 20,000 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned R20

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • New Construction
  • Colonial Architecture
  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,675 Sq Ft Home
  • Property has 2 Levels
  • Fireplace With Glass Doors
  • Electric Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Views of Woods

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • West Salisbury Elementary School
  • Salisbury Middle School
  • Wicomico High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Hearn & Bailey Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 2309061770

Home Details

Home Type

Single Family

Lot Details

0.46 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Traditional
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Expected On Market: 2024-01-29
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace Features: Electric, Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Laundry, Half Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1675
  • Living Area Sq Ft: 1675
  • Price Per Sq Ft: 194.03
  • Above Grade Finished Sq Ft: 1675
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: WEST SALISBURY
  • High School: WICOMICO
  • Middle Or Junior School: SALISBURY

Lot Info

  • Lot Size Acres: 0.46
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20000.00
  • Property Condition: Excellent
  • Zoning: R20
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 60.00
  • Assessor Parcel Number: 2309061770
  • Tax Lot: 18
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2024
Closed on
Mar 8, 2024
Sold by
Bought by
Seller's Agent
John Terrell
ERA Martin Associates
Buyer's Agent
Elena Arevalo
Keller Williams Capital Properties
List Price
$295,000
Sold Price
$320,000
Premium/Discount to List
$25,000
8.47%
Views
250
Current Estimated Value
$340,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,603
Avg. Annual Appreciation
2.57%
Original Mortgage
$253,600
Outstanding Balance
$246,851
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$93,752

Purchase Details

Listed on
Sep 11, 2013
Closed on
Nov 11, 2016
Sold by
Bought by
Seller's Agent
John Terrell
ERA Martin Associates
Buyer's Agent
John Terrell
ERA Martin Associates
List Price
$60,000
Sold Price
$25,000
Premium/Discount to List
-$35,000
-58.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.73%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$320,000 Original Title
$25,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $253,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2024 03/08/24 Sold $320,000 -1.5% $191 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
02/02/2024 02/02/24 Price Changed $325,000 +10.2% $194 / Sq Ft
01/29/2024 01/29/24 For Sale $295,000 0.0% $176 / Sq Ft
01/23/2024 01/23/24 Price Changed $295,000 +1080.0% $176 / Sq Ft
11/18/2016 11/18/16 Sold $25,000 -58.3% -- View Prior Sale
10/23/2016 10/23/16 Pending -- -- --
09/11/2013 09/11/13 For Sale $60,000 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,991 $378,100 $16,000 $362,100
2025 $2,991 $323,767 $0 $0
2024 $2,615 $269,433 $0 $0
2023 $60 $6,000 $6,000 $0
2022 $93 $6,000 $6,000 $0
2021 $93 $6,000 $6,000 $0
2020 $94 $6,000 $6,000 $0
2019 $63 $6,000 $6,000 $0
2018 $63 $6,000 $6,000 $0
2017 $63 $6,000 $0 $0
2016 $279 $6,000 $0 $0
2015 $279 $6,000 $0 $0
2014 $279 $9,000 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: MDWC2012172

Bright MLS

APN: 09-061770

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