Seller's Agent in 2020
Veronica James
ERA Martin Associates
(301) 639-5675
18 in this area
83 Total Sales
5563 Channel Dr Salisbury, MD 21801
South Salisbury NeighborhoodEstimated Value: $323,000 - $379,164
3
Beds
2.5
Baths
1,676
Sq Ft
$208/Sq Ft
Est. Value
Highlights
- 2 Boat Docks
- Water Access
- Deck
- Home fronts navigable water
- 1.17 Acre Lot
- Main Floor Bedroom
About This Home
As of August 2020This one-owner home sits at the end of a cul-de-sac on a beautiful 1.17 acre lot with beautiful river views. There is a first floor master suite and two additional bedrooms upstairs. There is a large brick fireplace on the first floor, as well as a cozy eat-in kitchen and separate dining area. The exterior features a detached 2-car garage with a finished upstairs bonus room. Enjoy the views from your large deck in the back yard. The home alarm system monitoring is paid through July 2020. This home has water access as well so bring your kayak!
Last Agent to Sell the Property
(301) 639-5675 veronica7742@gmail.com ERA Martin Associates License #675261 Listed on: 04/09/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,051
Year Built
- Built in 1998
Lot Details
- 1.17 Acre Lot
- Home fronts navigable water
- Creek or Stream
- Property is zoned AR
Parking
- 2 Car Detached Garage
- Front Facing Garage
- Driveway
Home Design
- Architectural Shingle Roof
- Aluminum Siding
Interior Spaces
- 1,676 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- Wood Burning Fireplace
- Brick Fireplace
- Window Screens
- Dining Area
- Carpet
- Crawl Space
- Storm Windows
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Water Access
- 2 Boat Docks
- Private Dock
- Deck
- Play Equipment
Utilities
- Forced Air Heating and Cooling System
- Well
- Electric Water Heater
- Water Conditioner is Owned
- On Site Septic
Community Details
- No Home Owners Association
- River Isle Estates Subdivision
Listing and Financial Details
- Tax Lot 10
- Assessor Parcel Number 09-066241
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 9, 2020
Closed on
Aug 7, 2020
Sold by
Hobbs Willis S
Bought by
Frey Nichole L and Frey Preston R
Seller's Agent
Veronica James
ERA Martin Associates
Buyer's Agent
Kathleen Momme
Coldwell Banker Realty
List Price
$255,000
Sold Price
$230,000
Premium/Discount to List
-$25,000
-9.8%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,291
Avg. Annual Appreciation
8.27%
Original Mortgage
$225,834
Outstanding Balance
$199,957
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$148,334
Purchase Details
Closed on
Jan 2, 2019
Sold by
Cowan Loren A and Hobbs Loren A
Bought by
Hobbs Willis S
Purchase Details
Closed on
Sep 16, 1997
Sold by
Morris David H and Morris Caryn S
Bought by
Hobbs Willis S and Cowan Loren A
Purchase Details
Closed on
Jan 12, 1987
Sold by
Mumford Mrgaret M
Bought by
Morris David H and Morris Caryn S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Frey Nichole L | $230,000 | Mid Atlantic Stlmt Svcs Llc | |
| Hobbs Willis S | -- | None Available | |
| Hobbs Willis S | $27,700 | -- | |
| Morris David H | $25,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Frey Nichole L | $225,834 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/07/2020 08/07/20 | Sold | $230,000 | -9.8% | $137 / Sq Ft |
| 06/28/2020 06/28/20 | Pending | -- | -- | -- |
| 06/11/2020 06/11/20 | For Sale | $255,000 | 0.0% | $152 / Sq Ft |
| 05/17/2020 05/17/20 | Pending | -- | -- | -- |
| 05/15/2020 05/15/20 | Price Changed | $255,000 | -1.9% | $152 / Sq Ft |
| 04/09/2020 04/09/20 | For Sale | $259,999 | -- | $155 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,329 | $275,900 | $0 | $0 |
| 2024 | $2,329 | $250,000 | $0 | $0 |
| 2023 | $2,275 | $224,100 | $60,200 | $163,900 |
| 2022 | $2,248 | $214,733 | $0 | $0 |
| 2021 | $2,120 | $205,367 | $0 | $0 |
| 2020 | $2,081 | $196,000 | $52,700 | $143,300 |
| 2019 | $2,051 | $196,000 | $52,700 | $143,300 |
| 2018 | $2,164 | $196,000 | $52,700 | $143,300 |
| 2017 | $2,093 | $200,000 | $0 | $0 |
| 2016 | -- | $191,133 | $0 | $0 |
| 2015 | $1,807 | $182,267 | $0 | $0 |
| 2014 | $1,807 | $173,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Veronica James
-
Kathleen Momme
Buyer's Agent in 2020
Kathleen Momme
Coldwell Banker Realty
(410) 422-3060
12 in this area
61 Total Sales
Map
Source: Bright MLS
MLS Number: MDWC107704
APN: 09-066241
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