NOT LISTED FOR SALE

509 E College Ave Salisbury, MD 21804

South Salisbury Neighborhood

Estimated Value: $158,000 - $195,000

2 Beds
1 Bath
868 Sq Ft
$197/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $86,000 $99 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $938/month

1 Day on Market

Highlights

  • No HOA
  • Electric Baseboard Heater
  • Asbestos
  • More Than Two Accessible Exits

About This Home

As of October 2020

This home is located at 509 E College Ave, Salisbury, MD 21804 since 15 September 2020 and is currently estimated at $170,915, approximately $196 per square foot. This property was built in 1955. 509 E College Ave is a home located in Wicomico County with nearby schools including Prince Street Elementary School, Bennett Middle School, and James M. Bennett High School.

Last Agent to Sell the Property

John Lee

(443) 944-1759 john.lee@cbrealty.com Coldwell Banker Realty License #RS-0036494 Listed on: 09/15/2020

Coldwell Banker Realty

Last Buyer's Agent

John Lee

(443) 944-1759 john.lee@cbrealty.com Coldwell Banker Realty License #RS-0036494 Listed on: 09/15/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $430

Year Built

  • Built in 1955

Lot Details

  • 10,500 Sq Ft Lot
  • Property is zoned R10

Parking

  • Off-Street Parking

Home Design

  • Asbestos

Interior Spaces

  • 868 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Electric Baseboard Heater
  • Private Water Source
  • Electric Water Heater
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 13-012962

Home Details

Home Type

Single Family

Est. Annual Taxes

$430

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1955
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 868
  • Living Area Sq Ft: 868
  • Price Per Sq Ft: 102.53
  • Above Grade Finished Sq Ft: 868
  • Above Grade Finished Area Units: Square Feet

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, Below Grade
  • Construction Materials: Asbestos
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Private/Community Water

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.24
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10500.00
  • Zoning: R10
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5360341
  • Tax Annual Amount: 430.00
  • Assessor Parcel Number: 13-012962
  • Tax Lot: 26
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2025
Sold by
Smith Tina
Bought by
Smith Tina and Smith Shelby K
Current Estimated Value
$170,915

Purchase Details

Closed on
Feb 21, 2025
Sold by
Smith Tina
Bought by
Smith Tina and Smith Shelby K

Purchase Details

Listed on
Sep 15, 2020
Closed on
Oct 16, 2020
Sold by
Hearn Joe T and Hearn Judy M
Bought by
Smith Tina
Seller's Agent
John Lee
Coldwell Banker Realty
Buyer's Agent
John Lee
Coldwell Banker Realty
List Price
$89,000
Sold Price
$86,000
Premium/Discount to List
-$3,000
-3.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%

Purchase Details

Closed on
Nov 4, 2016
Sold by
Truit Thelma L and Resident Maryland
Bought by
Hearn Joe T and Hearn Judy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.42%
Mortgage Type
Commercial
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
Smith Tina -- None Listed On Document
Smith Tina -- None Listed On Document
Smith Tina -- None Listed On Document
Smith Tina $86,000 Mid Atlantic Title & Escrow
Hearn Joe T $31,500 Mid Atlantic Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hearn Joe T $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $86,000 -3.4% $99 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $89,000 -- $103 / 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 $530 $97,867 $0 $0
2024 $526 $86,100 $16,500 $69,600
2023 $515 $71,167 $0 $0
2022 $504 $56,233 $0 $0
2021 $542 $41,300 $16,500 $24,800
2020 $486 $41,300 $16,500 $24,800
2019 $432 $41,300 $16,500 $24,800
2018 $516 $43,400 $16,500 $26,900
2017 $522 $43,400 $0 $0
2016 -- $43,400 $0 $0
2015 $673 $44,000 $0 $0
2014 $673 $44,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Lee

    Seller's Agent in 2020

    John Lee

    Coldwell Banker Realty

    (443) 944-1759

    8 in this area

    59 Total Sales

    John Lee
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Map

Source: Bright MLS

MLS Number: MDWC109782

Bright MLS

APN: 13-012962

Maryland Wicomico County Salisbury 21804 South Salisbury

509 E College Ave, Salisbury, MD

Not Listed for Sale

Detached

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