$147,000
SOLD OCT 1, 2024
3 Beds
1 Bath
1,120 Sq Ft
0.43 Acres

Recently Sold

$131 Per Sq Ft

20% Below List Price

Highlights

  • Wood Burning Stove
  • Main Floor Bedroom
  • No HOA
  • Rambler Architecture
  • Corner Lot
  • Storm Windows

About This Home

As of December 2024

INVESTOR ALERT! Welcome to your next investment opportunity nestled in the heart of Sherwood Manor. A tranquil neighborhood located on the Northeast end of Salisbury, Maryland. This three-bedroom, one-bathroom home offers a fantastic canvas for your vision and creativity. Located just 30-minutes from beautiful Ocean City, as well as 5 minutes from Downtown/Shopping outlets. Schedule your tour as soon as possible! You will not want to miss out on the immense potential this home will CERTAINLY provide to its next lucky owner!

Last Agent to Sell the Property

Moses Yonas

Redfin Corp Listed on: 07/26/2024

Redfin Corp

Last Buyer's Agent

Carol Strasfeld

Unrepresented Buyer Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,348

Year Built

  • Built in 1964

Lot Details

  • 0.43 Acre Lot
  • Corner Lot
  • Cleared Lot
  • Property is zoned R20

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,120 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Screens
  • Living Room
  • Dining Room
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Built-In Oven
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • East Salisbury Elementary School
  • Wicomico Middle School
  • Wicomico High School

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Sherwood Manor Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 2305030056

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,348

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-07-26
  • Federal Flood Zone: No
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Remarks Public: INVESTOR ALERT! Welcome to your next investment opportunity nestled in the heart of Sherwood Manor. A tranquil neighborhood located on the Northeast end of Salisbury, Maryland. This three-bedroom, one-bathroom home offers a fantastic canvas for your vision and creativity. Located just 30-minutes from beautiful Ocean City, as well as 5 minutes from Downtown/Shopping outlets. Schedule your tour as soon as possible! You will not want to miss out on the immense potential this home will CERTAINLY provide to its next lucky owner!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Oven - Wall, Washer/Dryer Stacked
  • Interior Amenities: Entry Level Bedroom, Ceiling Fan(s), Stove - Wood
  • Window Features: Screens, Storm
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Block, Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: No
  • Total Sq Ft: 1120
  • Living Area Sq Ft: 1120
  • Price Per Sq Ft: 164.29
  • Above Grade Finished Sq Ft: 1120
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 603

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Frame, Brick, 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: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Electric, Wood
  • Heating Type: Wood Burn Stove
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

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
  • Elementary School: EAST SALISBURY
  • Middle School: WICOMICO
  • High School: WICOMICO
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138751831
  • School District Source: 3rd Party
  • Elementary School: EAST SALISBURY
  • High School: WICOMICO
  • Middle Or Junior School: WICOMICO

Lot Info

  • Land Use Code: R
  • Lot Features: Cleared, Corner
  • Lot Size Acres: 0.43
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18750.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2024
  • Zoning: R20
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 1348.00
  • Assessor Parcel Number: 2305030056
  • Tax Lot: 24
  • Tax Total Finished Sq Ft: 1120
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 10/01/2024

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2024
Closed on
Dec 27, 2024
Sold by
Sheltie Investments Llc
Bought by
Bradley Todd G and Bradley Kristin J
Seller's Agent
Erin Failaev
ERA Martin Associates
Buyer's Agent
Suzanah Cain
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$269,756
Sold Price
$270,000
Premium/Discount to List
$244
0.09%
Views
4
Current Estimated Value
$264,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,009
Avg. Annual Appreciation
-3.35%
Original Mortgage
$202,500
Outstanding Balance
$201,968
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$63,023

Purchase Details

Listed on
Jul 26, 2024
Closed on
Oct 2, 2024
Sold by
Salerno Brian and Salerno Maureen
Bought by
Sheltie Investments Llc
Seller's Agent
Moses Yonas
Redfin Corp
Buyer's Agent
Carol Strasfeld
Unrepresented Buyer Office
List Price
$184,000
Sold Price
$147,000
Premium/Discount to List
-$37,000
-20.11%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1159.49%

Purchase Details

Closed on
May 22, 2007
Sold by
Davis Lamb and Davis Eileen
Bought by
Salerno Brian and Salerno Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
6.27%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 10, 2007
Sold by
Davis Lamb and Davis Eileen
Bought by
Salerno Brian and Salerno Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
6.27%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 6, 1993
Sold by
Beck George
Bought by
Lamb-Davis Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,350
Interest Rate
7.43%

Purchase Details

Closed on
Sep 30, 1980
Sold by
Bean Victor W
Bought by
Beck George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
13.43%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $270,000 Capitol Title
Special Warranty Deed $270,000 Capitol Title
Special Warranty Deed $270,000 Capitol Title
Deed $147,000 None Listed On Document
Deed $156,500 --
Deed $156,500 --
Deed $75,900 --
Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $202,500 New Conventional
Closed $202,500 New Conventional
Previous Owner $5,000 Stand Alone Second
Previous Owner $143,113 Purchase Money Mortgage
Previous Owner $143,113 Purchase Money Mortgage
Previous Owner $18,523 Unknown
Previous Owner $133,000 New Conventional
Previous Owner $76,350 No Value Available
Previous Owner $30,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $270,000 +0.1% $241 / Sq Ft
12/02/2024 12/02/24 For Sale $269,756 +83.5% $241 / Sq Ft
10/01/2024 10/01/24 Sold $147,000 -20.1% $131 / Sq Ft
07/27/2024 07/27/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $184,000 -- $164 / 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
2024 $1,464 $146,433 $0 $0
2023 $1,348 $135,167 $0 $0
2022 $1,323 $123,900 $28,600 $95,300
2021 $1,314 $122,633 $0 $0
2020 $1,312 $121,367 $0 $0
2019 $1,317 $120,100 $28,600 $91,500
2018 $1,323 $120,100 $28,600 $91,500
2017 $1,323 $120,100 $0 $0
2016 -- $121,900 $0 $0
2015 $964 $116,900 $0 $0
2014 $964 $111,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC2014512

Bright MLS

APN: 05-030056