NOT LISTED FOR SALE

5308 Sharps Point Rd Salisbury, MD 21801

South Salisbury Neighborhood

Estimated Value: $327,000 - $449,000

3 Beds
2 Baths
2,210 Sq Ft
$181/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $300,000 $136 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,509/month

3 Days on Market

Highlights

  • Access to Tidal Water
  • Waterfront
  • Wood Flooring
  • River View
  • Deck
  • Main Floor Bedroom

About This Home

As of December 2020

Waterfront living with all of the charm from yesteryear plus the updates and amenities of today. A spacious and open floor plan greets you as you enter through the enclosed front porch with views of the Wicomico River at nearly every window. A gas fireplace, hardwood floors, maple cabinetry, granite countertops, stainless steel appliances, replacement windows, multi-zone oil heat and central A/C are just some of the features this home boasts. Also included is a first floor bedroom and bathroom while the primary bedroom on the second floor offers breathtaking views of the river and cathedral ceilings. The exterior features a newer architectural roof, a rear fenced-in yard, a large storage shed with a brick floor out back, decks and ample parking in the driveway. Just a short drive to Salisbury University (2.5 miles) and TidalHealth Peninsula Regional Hospital (4 miles).

Last Agent to Sell the Property

Bradley Rayfield

(443) 880-5964 bradley.rayfield@cbmove.com Coldwell Banker Realty License #633057 Listed on: 10/30/2020

Coldwell Banker Realty

Last Buyer's Agent

Thomas Monahan

(410) 430-6195 tom@thomaspmonahanllc.com Thomas P Monahan LLC License #RS-0022358

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,665

Year Built

  • Built in 1925

Lot Details

  • 0.61 Acre Lot
  • Waterfront
  • Creek or Stream
  • Wood Fence
  • Back Yard Fenced
  • No Through Street
  • Cleared Lot
  • Property is in very good condition
  • Property is zoned R20

Property Views

  • River
  • Creek or Stream

Home Design

  • Farmhouse Style Home
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,210 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • Gas Fireplace
  • Low Emissivity Windows
  • Insulated Windows
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Crawl Space
  • Laundry on main level

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Outdoor Features

  • Access to Tidal Water
  • Water Oriented
  • Deck
  • Shed
  • Storage Shed
  • Outbuilding
  • Porch

Schools

  • Fruitland Elementary School
  • Bennett Middle School
  • James M. Bennett High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Well
  • Tankless Water Heater
  • Propane Water Heater
  • On Site Septic
  • Septic Equal To The Number Of Bedrooms
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 16-012777

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,665

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-10-30
  • Federal Flood Zone: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances
  • Flooring Type: Hardwood, Laminated, Vinyl
  • Interior Amenities: Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Recessed Lighting, Wood Floors
  • Window Features: Insulated, Low-E
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2210
  • Living Area Sq Ft: 2210
  • Price Per Sq Ft: 135.70
  • Above Grade Finished Sq Ft: 2210
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed, Storage Barn/Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Outbuilding(s)
  • Roof: Architectural Shingle
  • View: Creek/Stream, River, Water
  • Water Access: No
  • Water Body Name: Intersection of Sharps Creek & Wicomico River
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Tankless, Propane
  • Sewer/Septic System: On Site Septic, Septic = # Of Br
  • Utilities: Cable Tv
  • Water Source: Well
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: FRUITLAND
  • High School: JAMES M. BENNETT
  • Middle Or Junior School: BENNETT

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Wood, Rear
  • Lot Features: Cleared, No Thru Street
  • Lot Size Acres: 0.61
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 26572.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Very Good
  • Zoning: R20
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5367994
  • Tax Annual Amount: 1665.00
  • Assessor Parcel Number: 16-012777
  • 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

Listed on
Oct 30, 2020
Closed on
Dec 11, 2020
Sold by
Adams Housing Llc
Bought by
Barrett Kristin L and Comer Kaitlyn M
Seller's Agent
Bradley Rayfield
Coldwell Banker Realty
Buyer's Agent
Thomas Monahan
Thomas P Monahan LLC
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$439,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,178
Avg. Annual Appreciation
5.95%

Purchase Details

Closed on
Mar 1, 2011
Sold by
Mallow Suzanna L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 1, 2010
Sold by
Mallow Suzanna L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 21, 2005
Sold by
Mallow Suzanna L
Bought by
Mallow Suzanna L and Duerr Amy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,600
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2001
Sold by
Jones Andrea J
Bought by
Mallow Suzanna L

Purchase Details

Closed on
Mar 4, 1999
Sold by
Suntum George P and Suntum Virginia T
Bought by
Jones Andrea J and Mallow Suzanna L

Purchase Details

Closed on
Jul 1, 1996
Sold by
Mcnair William R
Bought by
Suntum George P and Suntum Virginia T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barrett Kristin L $300,000 Real Estate Title & Escrow
Federal National Mortgage Association $290,800 --
Federal National Mortgage Association $290,800 --
Mallow Suzanna L -- --
Mallow Suzanna L -- --
Jones Andrea J $156,000 --
Suntum George P $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mallow Suzanna L $273,600
Previous Owner Mallow Suzanna L $34,100
Closed Jones Andrea J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2020 12/11/20 Sold $300,000 0.0% $136 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $299,900 -- $136 / 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 $2,393 $280,867 $0 $0
2024 $2,393 $265,700 $86,300 $179,400
2023 $2,339 $230,467 $0 $0
2022 $2,049 $195,233 $0 $0
2021 $1,696 $160,000 $86,300 $73,700
2020 $1,688 $157,867 $0 $0
2019 $1,630 $155,733 $0 $0
2018 $1,628 $153,600 $86,300 $67,300
2017 $1,597 $149,067 $0 $0
2016 -- $144,533 $0 $0
2015 $2,033 $140,000 $0 $0
2014 $2,033 $140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bradley Rayfield

    Seller's Agent in 2020

    Bradley Rayfield

    Coldwell Banker Realty

    (443) 880-5964

    58 in this area

    153 Total Sales

    Bradley Rayfield
    Section Image
  • Thomas Monahan

    Buyer's Agent in 2020

    Thomas Monahan

    Thomas P Monahan LLC

    (410) 430-6195

    1 in this area

    1 Total Sale

    Thomas Monahan
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWC110370

Bright MLS

APN: 16-012777

Maryland Wicomico County Salisbury 21801 South Salisbury

5308 Sharps Point Rd, Salisbury, MD

Not Listed for Sale

Detached

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