NOT LISTED FOR SALE

Estimated Value: $213,000 - $245,000

3 Beds
2 Baths
1,144 Sq Ft
$202/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $172,000 $150 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,336/month

Highlights

  • Contemporary Architecture
  • Storm Windows
  • Central Air
  • No HOA
  • Living Room
  • 5-minute walk to Doverdale Park and Playground

About This Home

As of October 2022

This home is located at 531 Jefferson St, Salisbury, MD 21804 since 02 September 2022 and is currently estimated at $231,481, approximately $202 per square foot. This property was built in 2007. 531 Jefferson St is a home located in Wicomico County with nearby schools including Beaver Run Elementary School, East Salisbury Elementary School, and Wicomico Middle School.

Last Agent to Sell the Property

Jaime Cortes

(443) 365-0775 jaimecorteshomes@gmail.com Coldwell Banker Realty License #36173 Listed on: 09/02/2022

Coldwell Banker Realty

Last Buyer's Agent

Jaime Cortes

(443) 365-0775 jaimecorteshomes@gmail.com Coldwell Banker Realty License #36173 Listed on: 09/02/2022

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,353

Year Built

  • Built in 2007

Lot Details

  • 5,414 Sq Ft Lot
  • Vinyl Fence
  • Property is zoned R8

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,144 Sq Ft Home
  • Property has 2 Levels
  • Insulated Windows
  • Window Screens
  • Living Room
  • Storm Windows
  • Stove
  • Dryer

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 156A
  • Assessor Parcel Number 2305024706

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,353

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-09-09
  • Federal Flood Zone: No
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Stove
  • Window Features: Insulated, Screens, Storm
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: No
  • Total Sq Ft: 1144
  • Living Area Sq Ft: 1144
  • Price Per Sq Ft: 174.39
  • Above Grade Finished Sq Ft: 1144
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 531

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
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding, Stick Built
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public

Condo/Co-op/Association

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

  • Fencing: Vinyl
  • Land Use Code: R
  • Lot Size Acres: 0.12
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5414.00
  • Year Assessed: 2022
  • Zoning: R8
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5332965
  • Tax Annual Amount: 2353.00
  • Assessor Parcel Number: 2305024706
  • Tax Lot: 156A
  • Tax Total Finished Sq Ft: 1008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/31/2022

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Oct 31, 2022
Sold by
Elmer Gerald K and Elmer Katherine H
Bought by
Ascencio Heisy Carolina Esc
Seller's Agent
Jaime Cortes
Coldwell Banker Realty
Buyer's Agent
Jaime Cortes
Coldwell Banker Realty
List Price
$220,000
Sold Price
$172,000
Premium/Discount to List
-$48,000
-21.82%
Views
61
Current Estimated Value
$231,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,481
Avg. Annual Appreciation
10.67%
Original Mortgage
$162,000
Outstanding Balance
$141,694
Interest Rate
1.39%
Mortgage Type
Seller Take Back
Estimated Equity
$89,787

Purchase Details

Closed on
Dec 5, 2014
Sold by
Elmer Gerald K and Elmer Katherine H
Bought by
Colindrez Hilda and Colindrez Edgar Ardany Moran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2013
Sold by
M L Ames Construction Llc
Bought by
Elmer Gerald K and Elmer Katherine H

Purchase Details

Closed on
Dec 13, 2010
Sold by
Bank Of Delmarva The
Bought by
M L Ames Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2010
Sold by
Delmarva Construction Inc
Bought by
Bank Of Delmarva The
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
Ascencio Heisy Carolina Esc $162,000 Ocean Investments Title
Elmer Gerald K $172,000 --
Colindrez Hilda $110,000 Mid Atlantic Title & Escrow
Elmer Gerald K $200,000 Ocean Investments Title Corp
M L Ames Construction Llc $180,000 --
Bank Of Delmarva The $415,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elmer Gerald K $162,000
Previous Owner Colindrez Hilda $99,000
Previous Owner M L Ames Construction Llc $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2022 10/31/22 Sold $172,000 -13.8% $150 / Sq Ft
10/03/2022 10/03/22 Price Changed $199,500 -8.9% $174 / Sq Ft
09/10/2022 09/10/22 Price Changed $218,900 -0.5% $191 / Sq Ft
09/02/2022 09/02/22 For Sale $220,000 -- $192 / 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 $1,303 $145,133 $0 $0
2024 $1,303 $135,900 $15,700 $120,200
2023 $1,253 $126,700 $0 $0
2022 $1,197 $117,500 $0 $0
2021 $1,085 $108,300 $15,700 $92,600
2020 $1,085 $105,233 $0 $0
2019 $1,069 $102,167 $0 $0
2018 $2,037 $99,100 $15,700 $83,400
2017 $1,849 $89,900 $0 $0
2016 -- $80,700 $0 $0
2015 $1,525 $71,500 $0 $0
2014 $1,525 $71,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC2006626

Bright MLS

APN: 05-024706