NOT LISTED FOR SALE

Estimated Value: $228,000 - $299,000

2 Beds
1 Bath
1,968 Sq Ft
$132/Sq Ft Est. Value

Last Sold May 13, 2020

Last sale price $50,000 $25 Per Sq Ft

Est. 420% increase in value since last sale

Current estimated payment $1,473/month

33 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Heat Pump System
  • More Than Two Accessible Exits

About This Home

As of May 2020

Take a look at this!!!! 3 bedroom 2 full bath cape cod with a ton of potential!!! This home is larger than it looks. Bring your tools and your imagination and make this into the home of your dreams, This is a Fannie Mae HomePath property

Last Agent to Sell the Property

Joseph Laura

(410) 546-3211 andrew.mcbride@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 03/13/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Torlondo Tucker

(410) 749-4663 whiteheadre@comcast.net Whitehead Real Estate Exec.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 7,600 Sq Ft Lot
  • Property is zoned R5

Parking

  • Driveway

Home Design

  • Bungalow
  • Stucco

Interior Spaces

  • 1,968 Sq Ft Home
  • Property has 1.5 Levels

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • More Than Two Accessible Exits
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05-022304

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

7,600 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1.5
  • Basement: No
  • Total Sq Ft: 1968
  • Living Area Sq Ft: 1968
  • Price Per Sq Ft: 29.22
  • Above Grade Finished Sq Ft: 1968
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • 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: No
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7600.00
  • Zoning: R5
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5332808
  • Tax Annual Amount: 1620.00
  • Assessor Parcel Number: 05-022304
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2020
Closed on
May 11, 2020
Sold by
Fannie Mae
Bought by
Failaev Avraham and Failaev Erin
Seller's Agent
Joseph Laura
Long & Foster Real Estate, Inc.
Buyer's Agent
Torlondo Tucker
Whitehead Real Estate Exec.
List Price
$57,500
Sold Price
$50,000
Premium/Discount to List
-$7,500
-13.04%
Current Estimated Value
$260,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,126
Avg. Annual Appreciation
32.89%
Original Mortgage
$80,300
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2019
Sold by
Deale Patterson Lottie M and Patterson James
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Jan 3, 2006
Sold by
Deale Lottie M
Bought by
Patterson James and Patterson Lottie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
7.29%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 10, 2005
Sold by
Deale Lottie M
Bought by
Patterson James and Patterson Lottie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
7.29%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 16, 2005
Sold by
Deale Lottie M
Bought by
Deale Lottie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 1984
Sold by
Lowe Wayne W and Lowe Susan H
Bought by
Deale Lottie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,900
Interest Rate
14.68%
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
Failaev Avraham $50,000 Gemini Title & Escrow Llc
Federal National Mortgage Association $65,000 None Available
Patterson James -- --
Patterson James -- --
Deale Lottie M -- --
Deale Lottie M $31,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Failaev Avraham $80,300
Previous Owner Patterson James $147,000
Previous Owner Patterson James $147,000
Previous Owner Deale Lottie M $119,000
Previous Owner Deale Lottie M $26,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2020 05/13/20 Sold $50,000 -13.0% $25 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $57,500 -- $29 / Sq Ft
Source: Bright MLS

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 $1,592 $174,167 $0 $0
2024 $1,523 $158,800 $15,600 $143,200
2023 $1,311 $132,600 $0 $0
2022 $1,084 $106,400 $0 $0
2021 $820 $80,200 $15,600 $64,600
2020 $823 $79,800 $0 $0
2019 $831 $79,400 $0 $0
2018 $1,667 $79,000 $15,600 $63,400
2017 $1,605 $79,000 $0 $0
2016 -- $79,000 $0 $0
2015 $1,907 $82,100 $0 $0
2014 $1,907 $82,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC107434

Bright MLS

APN: 05-022304

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