NOT LISTED FOR SALE

704 Madison St Salisbury, MD 21804

Presidents-Princeton Neighborhood

Estimated Value: $172,000 - $214,000

2 Beds
1 Bath
832 Sq Ft
$227/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $130,000 $156 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,102/month

Highlights

  • Corner Lot
  • 1 Car Detached Garage
  • Bungalow
  • No HOA
  • Level Entry For Accessibility
  • Ceiling Fan

About This Home

As of May 2021

Are you looking for your starter home? Maybe looking to downsize? You will then want to stop by and see this charming two-bedroom, one-bath home conveniently located in town Salisbury. Close to schools, shopping, hospital, restaurants, and so much more. Recent updates are new carpet through the living area, kitchen flooring, freshly painted kitchen, and exterior foundation. Updated bathroom!

Last Agent to Sell the Property

Christine Nibblett

Keller Williams Realty License #RS-0024980 Listed on: 03/27/2021

Keller Williams Realty

Last Buyer's Agent

Ronald Molock

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $874

Year Built

  • Built in 1949

Lot Details

  • 5,000 Sq Ft Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Corner Lot
  • Property is in very good condition
  • Property is zoned R8

Parking

  • 1 Car Detached Garage
  • Side Facing Garage

Home Design

  • Bungalow
  • Aluminum Siding

Interior Spaces

  • 832 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Storm Doors
  • Stove

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Outbuilding

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 13-016275

Home Details

Home Type

Single Family

Est. Annual Taxes

$874

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1949
  • Automatically Close On Close Date: No
  • Remarks Public: Are you looking for your starter home? Maybe looking to downsize? You will then want to stop by and see this charming two-bedroom, one-bath home conveniently located in town Salisbury. Close to schools, shopping, hospital, restaurants, and so much more. Recent updates are new carpet through the living area, kitchen flooring, freshly painted kitchen, and exterior foundation. Updated bathroom!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Stove, Refrigerator
  • Interior Amenities: Ceiling Fan(s)
  • Door Features: Storm
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 832
  • Living Area Sq Ft: 832
  • Price Per Sq Ft: 162.14
  • Above Grade Finished Sq Ft: 832
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 704

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
  • Other Structures List: Garage(s)
  • Construction Materials: Aluminum Siding
  • Exterior Features: Outbuilding(s), Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Space Heater
  • Heating: Yes
  • Hot Water: Electric
  • 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: WICOMICO COUNTY PUBLIC SCHOOLS
  • School District Key: 121138751831
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Chain Link, Partially
  • Lot Features: Corner
  • Lot Size Acres: 0.11
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R8
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5360591
  • Tax Annual Amount: 874.00
  • Assessor Parcel Number: 13-016275
  • Tax Total Finished Sq Ft: 832
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/21/2021

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2021
Closed on
May 21, 2021
Sold by
Scott Roy
Bought by
Wright Maury
Seller's Agent
Christine Nibblett
Keller Williams Realty
Buyer's Agent
Ronald Molock
Long & Foster Real Estate, Inc.
List Price
$134,900
Sold Price
$130,000
Premium/Discount to List
-$4,900
-3.63%
Current Estimated Value
$188,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,668
Original Mortgage
$130,000
Outstanding Balance
$120,627
Interest Rate
3%
Mortgage Type
VA

Purchase Details

Closed on
Nov 5, 2004
Sold by
Shockley Charles W and Shockley Brenda J
Bought by
Scott Roy

Purchase Details

Closed on
Sep 8, 1995
Sold by
Buddy Lloyd & Sons Inc
Bought by
Shockley Charles W and Shockley Brenda J

Purchase Details

Closed on
Jan 13, 1989
Sold by
Ziegler Ferdinand
Bought by
Buddy Lloyd & Sons Inc
Source: Public Records

Range of Values:

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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
Wright Maury $130,000 Real Estate Title & Escrow
Scott Roy $68,900 --
Shockley Charles W $46,500 --
Buddy Lloyd & Sons Inc $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Maury $130,000
Previous Owner Scott Roy $97,500
Previous Owner Scott Roy $98,000
Previous Owner Scott Roy $80,000
Closed Shockley Charles W --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $130,000 -3.6% $156 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $134,900 -- $162 / 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 $982 $116,600 $0 $0
2024 $982 $102,400 $11,000 $91,400
2023 $817 $82,667 $0 $0
2022 $641 $62,933 $0 $0
2021 $442 $43,200 $11,000 $32,200
2020 $446 $43,200 $11,000 $32,200
2019 $452 $43,200 $11,000 $32,200
2018 $917 $43,200 $11,000 $32,200
2017 $834 $42,133 $0 $0
2016 -- $41,067 $0 $0
2015 $942 $40,000 $0 $0
2014 $942 $40,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christine Nibblett

    Seller's Agent in 2021

    Christine Nibblett

    Keller Williams Realty

    (443) 944-3508

    1 in this area

    69 Total Sales

    Christine Nibblett
    Section Image
  • Ronald Molock

    Buyer's Agent in 2021

    Ronald Molock

    Long & Foster

    (410) 603-6411

    1 in this area

    53 Total Sales

    Ronald Molock
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWC112084

Bright MLS

APN: 13-016275

Maryland Wicomico County Salisbury 21804 Presidents-Princeton

704 Madison St, Salisbury, MD

This home is located at 704 Madison St, Salisbury, MD 21804 since 27 March 2021 and is currently estimated at $188,668, approximately $226 per square foot. This property was built in 1949. 704 Madison St is a home located in Wicomico County with nearby schools including Prince Street Elementary School, Bennett Middle School, and James M. Bennett High School.

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