NOT LISTED FOR SALE

Estimated Value: $302,000 - $329,916

4 Beds
3 Baths
2,280 Sq Ft
$141/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $305,000 $134 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,306/month

33 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Cathedral Ceiling
  • Skylights
  • Stream or River on Lot
  • Multiple Balconies
  • Level Entry For Accessibility

About This Home

As of June 2024

Welcome to 640 River Oak. Come find waterfront living at its best, overlooking The Wicomico River with a privately deeded 14’ extra wide boat slip and 4’-plus MLW. Additionally, this location is near Salisbury’s Historical downtown with shops and restaurants.

This spacious 2,280 square foot townhome boasts 4 bedrooms, one of which is located on the main floor, and 3 full baths. This home was beautifully remodeled in 2022 including new LP flooring and carpet, Quartz counter tops, new skylight with retractable blind, completely painted, recessed lighting installed, new stainless-steel dishwasher, new lighting fixtures, new garage disposal, and updated full baths. Underneath the deck is a storage locker for kayaks and other personal possessions and an attached fenced-in attached patio.

The main level contains a vaulted ceiling entry, a pantry, laundry with full size washer and dryer, bedroom and full bath, and a kitchen that opens to the combined dining/living areas. There is also a breakfast bar, a gas log fireplace and French doors leading to a large deck, where one can sit to drink their coffee or simply enjoy the abundant waterfowl, tug boats transporting goods, or summer boat traffic. The wall mounted TV over the fireplace is included and the first-floor heat pump was replaced in 2020.

The second floor contains a large guest bedroom, guest bath with walk-in shower, a master bedroom/bath suite with large closets and a very private balcony with superior views. The third floor, which can be used as the fourth bedroom, is completely open and some owners utilize this space (if not as a bedroom) as an office, hobby room, entertainment/theatre room, and/or a pool table/gaming room. There are also spacious closets for additional storage.

The condo association monthly dues are only $425. /Month and include Fire/Hazard/Flood Master Insurance policies, all exterior maintenance, water/septic charges, landscaping and grounds keeping (including sprinklers), trash, electric for exterior lighting, and snow removal. Care free, waterfront living at its finest!!

Last Agent to Sell the Property

Greg Johnson

ERA Martin Associates Listed on: 03/08/2024

ERA Martin Associates

Last Buyer's Agent

Robyn Kaspersky

Vision Realty Group of Salisbury

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,625

Year Built

  • Built in 1987 | Remodeled in 2023

Lot Details

  • 300 Feet of Waterfront
  • Home fronts navigable water
  • Backs To Open Common Area
  • Landscaped
  • No Through Street
  • Back and Front Yard
  • Historic Home
  • Property is in excellent condition

HOA Fees

  • $425 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Stick Built Home
  • Cedar

Interior Spaces

  • 2,280 Sq Ft Home
  • Property has 3 Levels
  • Cathedral Ceiling
  • Skylights
  • Self Contained Fireplace Unit Or Insert
  • Screen For Fireplace
  • Gas Fireplace
  • Casement Windows
  • Window Screens
  • Crawl Space

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Parking

  • Paved Parking
  • Parking Lot

Outdoor Features

  • Water Access
  • River Nearby
  • Bulkhead
  • Stream or River on Lot
  • Multiple Balconies
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • 120/240V
  • Electric Water Heater
  • Municipal Trash
  • Public Septic
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 2313060029

Community Details

Overview

  • Association fees include sewer, water, lawn maintenance, trash, snow removal
  • River Oak Subdivision
  • Planned Unit Development

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,625

Year Built

Built in 1987 | Remodeled in 2023

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • Historic: Yes
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2024-03-08
  • Federal Flood Zone: Yes
  • Year Built: 1987
  • Year Renovated: 2023
  • Remarks Public: Welcome to 640 River Oak. Come find waterfront living at its best, overlooking The Wicomico River with a privately deeded 14’ extra wide boat slip and 4’-plus MLW. Additionally, this location is near Salisbury’s Historical downtown with shops and restaurants. This spacious 2,280 square foot townhome boasts 4 bedrooms, one of which is located on the main floor, and 3 full baths. This home was beautifully remodeled in 2022 including new LP flooring and carpet, Quartz counter tops, new skylight with retractable blind, completely painted, recessed lighting installed, new stainless-steel dishwasher, new lighting fixtures, new garage disposal, and updated full baths. Underneath the deck is a storage locker for kayaks and other personal possessions and an attached fenced-in attached patio. The main level contains a vaulted ceiling entry, a pantry, laundry with full size washer and dryer, bedroom and full bath, and a kitchen that opens to the combined dining/living areas. There is also a breakfast bar, a gas log fireplace and French doors leading to a large deck, where one can sit to drink their coffee or simply enjoy the abundant waterfowl, tug boats transporting goods, or summer boat traffic. The wall mounted TV over the fireplace is included and the first-floor heat pump was replaced in 2020. The second floor contains a large guest bedroom, guest bath with walk-in shower, a master bedroom/bath suite with large closets and a very private balcony with superior views. The third floor, which can be used as the fourth bedroom, is completely open and some owners utilize this space (if not as a bedroom) as an office, hobby room, entertainment/theatre room, and/or a pool table/gaming room. There are also spacious closets for additional storage. The condo association monthly dues are only $425. /Month and include Fire/Hazard/Flood Master Insurance policies, all exterior maintenance, water/septic charges, landscaping and grounds keeping (including sprinklers), trash, electric for exterior lighting, and snow removal. Care free, waterfront living at its finest!!
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer, Water Heater
  • Entry Floor: 1
  • Window Features: Casement, Screens, Skylights
  • Fireplace Features: Gas/Propane, Insert, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, Dry Wall
  • Foundation Details: Block, Brick/Mortar, Crawl Space
  • Floors In Unit Count: 3
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
  • Total Sq Ft: 2280
  • Living Area Sq Ft: 2280
  • Price Per Sq Ft: 139.91
  • Above Grade Finished Sq Ft: 2280
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 640

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Brick, Cedar, Frame, Stick Built, Wood Siding
  • Exterior Features: Secure Storage, Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 300

Garage/Parking

  • Garage: No
  • Parking Features: General Common Elements, Paved Parking
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Electric Service: 120/240V
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer, Public Septic
  • Utilities: Cable Tv Available, Sewer Available, Under Ground, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 425.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Sewer, Water, Lawn Maintenance, Trash, Snow Removal
  • HOA: No
  • Senior Community: No

Schools

  • School District: WICOMICO COUNTY PUBLIC SCHOOLS
  • School District Key: 121138751831
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: U
  • Lot Features: Backs - Open Common Area, Bulkheaded, Front Yard, Landscaping, No Thru Street, Pud, Rear Yard
  • Lot Dimensions: 0.00 x 0.00
  • Outdoor Living Structures: Balconies- Multiple
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: R5A
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 200.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3625.00
  • Assessor Parcel Number: 2313060029
  • Tax Total Finished Sq Ft: 2280
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/21/2024

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Jun 21, 2024
Sold by
Johnson Jeffrey Lee
Bought by
Fish Jonathon
Seller's Agent
Greg Johnson
ERA Martin Associates
Buyer's Agent
Robyn Kaspersky
Vision Realty Group of Salisbury
List Price
$319,000
Sold Price
$305,000
Premium/Discount to List
-$14,000
-4.39%
Views
118
Current Estimated Value
$314,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,873
Avg. Annual Appreciation
2.81%
Original Mortgage
$235,000
Outstanding Balance
$233,256
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$81,617

Purchase Details

Listed on
Jul 13, 2022
Closed on
Jul 28, 2022
Sold by
Hart Nancy A
Bought by
Johnson Jeffrey Lee
Seller's Agent
Greg Johnson
ERA Martin Associates
Buyer's Agent
Greg Johnson
ERA Martin Associates
List Price
$240,000
Sold Price
$227,500
Premium/Discount to List
-$12,500
-5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.68%

Purchase Details

Closed on
Apr 7, 1989
Sold by
River Oak Partnership
Bought by
Hart George W and Hart Nancy A
Source: Public Records

Range of Values:

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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
Fish Jonathon $305,000 Community Title
Johnson Jeffrey Lee $227,500 Mid Atlantic Title
Hart George W $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fish Jonathon $235,000
Previous Owner Johnson Jeffrey Lee $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $305,000 -4.4% $134 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $319,000 +40.2% $140 / Sq Ft
07/28/2022 07/28/22 Sold $227,500 -5.2% $100 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $240,000 -- $105 / 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 $1,879 $223,367 $0 $0
2024 $1,879 $196,000 $58,800 $137,200
2023 $1,781 $178,533 $0 $0
2022 $1,545 $161,067 $0 $0
2021 $1,468 $143,600 $43,000 $100,600
2020 $1,418 $137,533 $0 $0
2019 $1,376 $131,467 $0 $0
2018 $2,612 $125,400 $37,600 $87,800
2017 $2,548 $125,400 $0 $0
2016 -- $125,400 $0 $0
2015 $2,715 $129,900 $0 $0
2014 $2,715 $195,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC2012150

Bright MLS

APN: 13-060029