NOT LISTED FOR SALE

533 E Lincoln Ave Salisbury, MD 21804

South Salisbury Neighborhood

Estimated Value: $117,000 - $205,533

4 Beds
1 Bath
1,035 Sq Ft
$166/Sq Ft Est. Value

Last Sold October 23, 2019

Last sale price $80,000 $77 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $966/month

Highlights

  • Cape Cod Architecture
  • More Than Two Accessible Exits
  • Heating Available
  • No HOA

About This Home

As of October 2019

WOW! Great investment opportunity this property is grandfathered so it can be rented to 4 separate individuals. Nothing needs to be done this property is ready for renters.

Last Agent to Sell the Property

Stephen Brown

(410) 251-6443 steve@griffinhigginsteam.com Iron Valley Real Estate Ocean City License #RS-0025538 Listed on: 08/29/2019

Iron Valley Real Estate Ocean City

Last Buyer's Agent

Jay Doaty

(484) 794-1263 jay@coastalresortsales.com Coastal Resort Sales and Rent License #RS-0026162

Coastal Resort Sales and Rent

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $931

Year Built

  • Built in 1954

Lot Details

  • 6,696 Sq Ft Lot

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Stick Built Home

Interior Spaces

  • 1,035 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking

Accessible Home Design

  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 02-6548

Home Details

Home Type

Single Family

Est. Annual Taxes

$931

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: 32"+ Wide Doors, 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1954
  • Remarks Public: WOW! Great investment opportunity this property is grandfathered so it can be rented to 4 separate individuals. Nothing needs to be done this property is ready for renters.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1035
  • Living Area Sq Ft: 1035
  • Price Per Sq Ft: 82.03
  • Above Grade Finished Sq Ft: 1035
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 533

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Block, 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, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation 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

  • Lot Size Acres: 0.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6696.00
  • Year Assessed: 2019
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 931.00
  • Assessor Parcel Number: 02-6548
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 10/23/2019

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2019
Closed on
Oct 18, 2019
Sold by
Donaldson Alyssa E
Bought by
Bbmc Investments Llc
Seller's Agent
Stephen Brown
Iron Valley Real Estate Ocean City
Buyer's Agent
Jay Doaty
Coastal Resort Sales and Rent
List Price
$84,900
Sold Price
$80,000
Premium/Discount to List
-$4,900
-5.77%
Current Estimated Value
$172,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,133
Avg. Annual Appreciation
14.42%
Original Mortgage
$67,200
Outstanding Balance
$59,754
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$117,607

Purchase Details

Listed on
Jul 27, 2018
Closed on
Jan 4, 2019
Sold by
P & G Investments Llc
Bought by
Donaldson Alyssa E
Seller's Agent
Laurie Cannon
ERA Martin Associates
Buyer's Agent
Stephen Brown
Iron Valley Real Estate Ocean City
List Price
$79,000
Sold Price
$72,500
Premium/Discount to List
-$6,500
-8.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.09%
Original Mortgage
$62,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2005
Sold by
Parker Philip R
Bought by
P&G Investments L L C

Purchase Details

Closed on
Jul 21, 2000
Sold by
Disharoon Kimberly
Bought by
Parker Philip R and Gray William D

Purchase Details

Closed on
Feb 23, 1995
Sold by
Simms Ann Marie
Bought by
Disharoon Kimberly
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
Bbmc Investments Llc $80,000 Mid Atlantic T&E Co Inc
Donaldson Alyssa E $72,500 Sage Title Group Llc
P&G Investments L L C -- --
Parker Philip R $42,000 --
Disharoon Kimberly $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bbmc Investments Llc $67,200
Previous Owner Donaldson Alyssa E $62,500
Closed Parker Philip R --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2019 10/23/19 Sold $80,000 -5.8% $77 / Sq Ft
08/31/2019 08/31/19 Pending -- -- --
08/29/2019 08/29/19 For Sale $84,900 +17.1% $82 / Sq Ft
01/04/2019 01/04/19 Sold $72,500 -8.2% $70 / Sq Ft
11/10/2018 11/10/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $79,000 -- $76 / 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 $681 $87,300 $0 $0
2024 $681 $71,000 $12,600 $58,400
2023 $623 $62,967 $0 $0
2022 $560 $54,933 $0 $0
2021 $479 $46,900 $12,600 $34,300
2020 $484 $46,900 $12,600 $34,300
2019 $491 $46,900 $12,600 $34,300
2018 $991 $47,100 $12,600 $34,500
2017 $912 $45,767 $0 $0
2016 -- $44,433 $0 $0
2015 $1,137 $43,100 $0 $0
2014 $1,137 $43,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephen Brown

    Seller's Agent in 2019

    Stephen Brown

    Iron Valley Real Estate Ocean City

    (410) 251-6443

    8 in this area

    59 Total Sales

    Stephen Brown
    Section Image
  • Laurie Cannon

    Seller's Agent in 2019

    Laurie Cannon

    ERA Martin Associates

    (410) 251-2400

    55 in this area

    155 Total Sales

    Laurie Cannon
    Section Image
  • Jay Doaty

    Buyer's Agent in 2019

    Jay Doaty

    Coastal Resort Sales and Rent

    (484) 794-1263

    10 in this area

    101 Total Sales

    Jay Doaty
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWC104940

Bright MLS

APN: 13-026548

Maryland Wicomico County Salisbury 21804 South Salisbury

533 E Lincoln Ave, Salisbury, MD

This home is located at 533 E Lincoln Ave, Salisbury, MD 21804 since 29 August 2019 and is currently estimated at $172,133, approximately $166 per square foot. This property was built in 1954. 533 E Lincoln 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.

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