NOT LISTED FOR SALE

Estimated Value: $222,000 - $285,000

3 Beds
1.5 Baths
1,479 Sq Ft
$167/Sq Ft Est. Value

Last Sold November 26, 2019

Last sale price $83,001 $56 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $1,420/month

Highlights

  • Rambler Architecture
  • Living Room
  • Electric Baseboard Heater
  • No HOA
  • Dining Room
  • Utility Room

About This Home

As of November 2019

AS OF THURSDAY SEPTEMBER 5, 2019 BANK HAS ACCEPTED AN OFFER JUST WAITING ON PAPERWORK TO MARK PENDING IN SYSTEM. Take a look at this 3 Bedroom 1.5 Bath Rancher just sitting outside city limits in Salisbury. This home has some charm and with some work could be your dream home. This home has a nice size Living Room, Dining Room, Family Room, Enclosed Side Porch, and Utility Room. On the outside this home has a Front Porch, Rear Patio, nice Backyard, and separate room for well pump and Hot Water Heater. This is a HUD Owned property and all HUD properties are Sold AS IS. For more information visit www.hudhomestore.com or www.olympusams-re.com This property s case number is 244 055350. The cross street is Old Ocean City Road.

Last Agent to Sell the Property

Norman Knight

(443) 880-6594 normanknight@era.com ERA Martin Associates License #623316 Listed on: 08/27/2019

ERA Martin Associates

Last Buyer's Agent

Alexander Piela

(410) 289-2539 alex.piela@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #RS-0025714

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,356

Year Built

  • Built in 1965

Lot Details

  • 0.34 Acre Lot
  • Property is zoned AR

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 1,479 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Electric Baseboard Heater
  • Private Water Source
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Smithwood Manor Subdivision

Listing and Financial Details

  • Tax Lot 667
  • Assessor Parcel Number 05-073340

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,356

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1965
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Utility Room, Bathroom 1, Half Bath
  • Basement: No
  • Total Sq Ft: 1479
  • Living Area Sq Ft: 1479
  • Price Per Sq Ft: 55.44
  • Above Grade Finished Sq Ft: 1479
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Road Surface Type: Paved
  • 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, Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Private/Community Water

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.34
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15000.00
  • Zoning: AR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5336805
  • Tax Annual Amount: 1356.00
  • Assessor Parcel Number: 05-073340
  • Tax Lot: 667
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2019
Closed on
Nov 26, 2019
Sold by
Secretary Of Housing & Urban Development
Bought by
Alexander Marcia L
Seller's Agent
Norman Knight
ERA Martin Associates
Buyer's Agent
Alexander Piela
Berkshire Hathaway HomeServices PenFed Realty
List Price
$82,000
Sold Price
$83,001
Premium/Discount to List
$1,001
1.22%
Current Estimated Value
$246,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,942
Avg. Annual Appreciation
20.07%
Original Mortgage
$115,767
Outstanding Balance
$102,065
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$144,878

Purchase Details

Closed on
Jul 11, 2019
Sold by
Lakeview Loan Servicing Llc
Bought by
Secretary Housing & Urban Development

Purchase Details

Closed on
Nov 11, 2016
Sold by
Forsyth Doris J
Bought by
Ist Alliance Lending Llc

Purchase Details

Closed on
Apr 4, 1991
Sold by
Manders Mickie M
Bought by
Forsyth Richard A and Forsyth Doris J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
9.52%

Purchase Details

Closed on
Feb 27, 1990
Sold by
Carnahan Keith A and Carnahan Linda M
Bought by
Manders Mickie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,803
Interest Rate
10.31%
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
Alexander Marcia L $83,001 Brennan Title Company
Secretary Housing & Urban Development -- Servicelink
Lakeview Servicing Llc $129,600 Servicelink
Ist Alliance Lending Llc $107,500 None Available
Forsyth Richard A $73,900 --
Manders Mickie M $63,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Marcia L $115,767
Previous Owner Forsyth Richard A $57,000
Previous Owner Manders Mickie M $58,803
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2019 11/26/19 Sold $83,001 +1.2% $56 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
08/27/2019 08/27/19 For Sale $82,000 -- $55 / 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 $1,453 $174,400 $27,700 $146,700
2024 $1,453 $159,700 $0 $0
2023 $1,420 $145,000 $0 $0
2022 $1,388 $130,300 $27,700 $102,600
2021 $1,394 $130,067 $0 $0
2020 $1,399 $129,833 $0 $0
2019 $1,356 $129,600 $27,700 $101,900
2018 $1,394 $126,867 $0 $0
2017 $1,351 $124,133 $0 $0
2016 $1,020 $121,400 $0 $0
2015 $1,020 $118,733 $0 $0
2014 $1,020 $116,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC104920

Bright MLS

APN: 05-073340