NOT LISTED FOR SALE

703 Walnut St Pocomoke City, MD 21851

Estimated Value: $127,000 - $185,675

3 Beds
1 Bath
1,468 Sq Ft
$108/Sq Ft Est. Value

Last Sold February 26, 2020

Last sale price $55,000 $37 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $1,035/month

4 Days on Market

Highlights

  • Deck
  • Wood Burning Stove
  • Attic
  • Pocomoke Elementary School Rated A
  • Farmhouse Style Home
  • 1 Fireplace

About This Home

As of February 2020

Priced to sell! A charming home located in Downtown Pocomoke City! This home has been a family loved home for many years. It has a lot of potential. This home has a functioning beautiful wood stove with a nice brick hearth which is said to heat the whole home, including the upstairs. It has a spacious attic, a nice backyard, and a storage shed. Feel free to park in the driveway or on the street. Home is being sold as-is. Conveniently located close to the heart of downtown. This home is a diamond in the rough. It features a large back yard, an outbuilding, a fenced in back yard, and owners THINK there may be hardwood under the carpet. Stainless steel appliances included and home is essentially move in ready. No central A/C or heat. Baseboard (electric) heat downstairs, and wood stove on first floor. Window unit A/C units for air conditioning in the summer. Are you an investor? Just starting out? Looking for a home to renovate? This home is a great find! It won't last long.

Last Agent to Sell the Property

Olivia Moyer

Coldwell Banker Realty License #678298 Listed on: 01/31/2020

Coldwell Banker Realty

Last Buyer's Agent

Mike Beauchamp

Hall Realty License #599604

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,292

Year Built

  • Built in 1940

Lot Details

  • 7,658 Sq Ft Lot
  • Property is zoned R-2

Home Design

  • Farmhouse Style Home
  • Aluminum Siding

Interior Spaces

  • 1,468 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Carpet
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Pocomoke Elementary And Middle School
  • Pocomoke High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01-024027

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,292

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Washer, Dryer, Second Refrigerator (Should be gone by end of the weekend)
  • Home Warranty: No
  • Inclusions: After this weekend (2/1, 2/2) anything left in the home stays with the property.
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1940
  • Remarks Public: Priced to sell! A charming home located in Downtown Pocomoke City! This home has been a family loved home for many years. It has a lot of potential. This home has a functioning beautiful wood stove with a nice brick hearth which is said to heat the whole home, including the upstairs. It has a spacious attic, a nice backyard, and a storage shed. Feel free to park in the driveway or on the street. Home is being sold as-is. Conveniently located close to the heart of downtown. This home is a diamond in the rough. It features a large back yard, an outbuilding, a fenced in back yard, and owners THINK there may be hardwood under the carpet. Stainless steel appliances included and home is essentially move in ready. No central A/C or heat. Baseboard (electric) heat downstairs, and wood stove on first floor. Window unit A/C units for air conditioning in the summer. Are you an investor? Just starting out? Looking for a home to renovate? This home is a great find! It won't last long.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Water Heater
  • Entry Floor: 1
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Stove - Wood
  • Fireplace Features: Other
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Hookup
  • Total Sq Ft: 1468
  • Living Area Sq Ft: 1468
  • Price Per Sq Ft: 40.87
  • Above Grade Finished Sq Ft: 1468
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 703

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Outbuilding(s)
  • Spa: No
  • 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, On Street, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric, Wood Burn Stove
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: POCOMOKE
  • Middle School: POCOMOKE
  • High School: POCOMOKE
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138066543
  • School District Source: 3rd Party
  • Elementary School: POCOMOKE
  • High School: POCOMOKE
  • Middle Or Junior School: POCOMOKE

Lot Info

  • Additional Parcels: No
  • Land Use Code: 011
  • Lot Size Acres: 0.18
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7658.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2020
  • Zoning: R-2
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5373086
  • Tax Annual Amount: 1292.00
  • Assessor Parcel Number: 01-024027
  • Tax Total Finished Sq Ft: 1468
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 02/26/2020

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Feb 28, 2020
Sold by
Lynch Harvey L
Bought by
Foster James Micheal
Seller's Agent
Olivia Moyer
Coldwell Banker Realty
Buyer's Agent
Mike Beauchamp
Hall Realty
List Price
$60,000
Sold Price
$55,000
Premium/Discount to List
-$5,000
-8.33%
Current Estimated Value
$158,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,419
Avg. Annual Appreciation
21.42%
Original Mortgage
$39,055
Outstanding Balance
$27,307
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$131,112
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
Foster James Micheal $55,000 Omni Land Settlement Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster James Micheal $39,055
Previous Owner Lynch Harvey L $32,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2020 02/26/20 Sold $55,000 -8.3% $37 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $60,000 -- $41 / 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 $2,011 $126,000 $24,200 $101,800
2024 $2,011 $106,667 $0 $0
2023 $1,647 $87,333 $0 $0
2022 $1,282 $68,000 $24,200 $43,800
2021 $1,288 $68,000 $24,200 $43,800
2020 $1,288 $68,000 $24,200 $43,800
2019 $1,292 $68,200 $24,200 $44,000
2018 $1,259 $67,367 $0 $0
2017 $1,238 $66,533 $0 $0
2016 $1,238 $65,700 $0 $0
2015 $1,091 $65,700 $0 $0
2014 $1,091 $65,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO111784

Bright MLS

APN: 01-024027