NOT LISTED FOR SALE

514 Rose St Salisbury, MD 21801

Westside Neighborhood

Estimated Value: $148,000 - $191,000

2 Beds
1 Bath
1,404 Sq Ft
$122/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $123,000 $88 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $999/month

111 Days on Market

Highlights

  • Farmhouse Style Home
  • Asbestos
  • 2-minute walk to Lake Street Park
  • No HOA
  • Heating Available

About This Home

As of December 2021

Attention investors! Each unit has 2 bedrooms and one bath with great income potential!

Last Agent to Sell the Property

Talane Hastings

Coldwell Banker Realty License #RS-0025644 Listed on: 07/20/2021

Coldwell Banker Realty

Last Buyer's Agent

John Terrell

ERA Martin Associates License #RS0024201

ERA Martin Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $727

Year Built

  • Built in 1950

Lot Details

  • 4,186 Sq Ft Lot
  • Property is zoned R5

Parking

  • Off-Street Parking

Home Design

  • Farmhouse Style Home
  • Asbestos

Interior Spaces

  • 1,404 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Flood Risk
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 09-048464

Home Details

Home Type

Single Family

Est. Annual Taxes

$727

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: As Seen
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: Attention investors! Each unit has 2 bedrooms and one bath with great income potential!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1404
  • Living Area Sq Ft: 1404
  • Price Per Sq Ft: 87.61
  • Above Grade Finished Sq Ft: 1404
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 514

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper 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: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Lot Size Acres: 0.10
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4186.00
  • Year Assessed: 2021
  • Zoning: R5
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 16500.00
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5350810
  • Tax Annual Amount: 727.00
  • Assessor Parcel Number: 09-048464
  • Tax Total Finished Sq Ft: 1404
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 12/15/2021

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Dec 15, 2021
Sold by
Desouza Fernando Roberto
Bought by
Step Up Form Grace Llc
Seller's Agent
Talane Hastings
Coldwell Banker Realty
Buyer's Agent
John Terrell
ERA Martin Associates
List Price
$130,000
Sold Price
$123,000
Premium/Discount to List
-$7,000
-5.38%
Current Estimated Value
$171,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,840
Avg. Annual Appreciation
8.10%

Purchase Details

Closed on
Nov 3, 2017
Sold by
Elmer Gerald K and Elmer Katherine H
Bought by
Desouza Fernando Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,300
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2005
Sold by
Tyson Victoria
Bought by
Elmer Gerald K and Elmer Katherine H

Purchase Details

Closed on
Aug 27, 2004
Sold by
Sessoms Eric
Bought by
Tyson Victoria

Purchase Details

Closed on
Feb 26, 1998
Sold by
Jolley James E
Bought by
Sessoms Eric

Purchase Details

Closed on
Feb 20, 1998
Sold by
Braboy Rufus O
Bought by
Jolley James E

Purchase Details

Closed on
Jul 12, 1996
Sold by
Jolley James E
Bought by
Braboy Rufus O
Source: Public Records

Range of Values:

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Average Value
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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
Step Up Form Grace Llc $123,000 Ocean Investments Title Corp
Desouza Fernando Roberto $96,300 None Available
Elmer Gerald K $88,000 --
Tyson Victoria $55,000 --
Sessoms Eric $35,000 --
Jolley James E -- --
Braboy Rufus O $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Desouza Fernando Roberto $96,300
Closed Braboy Rufus O --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $123,000 -5.4% $88 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $130,000 -- $93 / 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 $785 $87,033 $0 $0
2024 $785 $81,900 $9,500 $72,400
2023 $659 $66,633 $0 $0
2022 $523 $51,367 $0 $0
2021 $369 $36,100 $6,700 $29,400
2020 $367 $35,633 $0 $0
2019 $368 $35,167 $0 $0
2018 $766 $34,700 $6,700 $28,000
2017 $716 $34,700 $0 $0
2016 -- $34,700 $0 $0
2015 $1,022 $45,600 $0 $0
2014 $1,022 $45,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Talane Hastings

    Seller's Agent in 2021

    Talane Hastings

    Coldwell Banker Realty

    (410) 845-3499

    1 in this area

    69 Total Sales

    Talane Hastings
    Section Image
  • John Terrell

    Buyer's Agent in 2021

    John Terrell

    ERA Martin Associates

    (410) 726-2421

    1 in this area

    96 Total Sales

    John Terrell
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWC2000628

Bright MLS

APN: 09-048464

Maryland Wicomico County Salisbury 21801 Westside

514 Rose St, Salisbury, MD

This home is located at 514 Rose St, Salisbury, MD 21801 since 20 July 2021 and is currently estimated at $171,840, approximately $122 per square foot. This property was built in 1950. 514 Rose St is a home located in Wicomico County with nearby schools including Charles H. Chipman Elementary School, Glen Avenue Elementary School, and Salisbury Middle School.

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