NOT LISTED FOR SALE

Estimated Value: $71,000 - $192,000

2 Beds
2 Baths
1,358 Sq Ft
$94/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $40,000 $29 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $740/month

102 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Space Heater

About This Home

As of July 2020

Great investment opportunity!! New roof and foundation improvements made! There are still cosmetic items to be addressed but this property has great potential! Property is Sold "as-is". Owner Financing available.

Last Agent to Sell the Property

Jay Doaty

Coastal Resort Sales and Rent License #RS-0026162 Listed on: 02/28/2020

Coastal Resort Sales and Rent

Last Buyer's Agent

Mike Dunn

Keller Williams Realty Delmarva License #317243

Keller Williams Realty Delmarva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $771

Year Built

  • Built in 1924

Lot Details

  • 4,500 Sq Ft Lot
  • Property is zoned R5

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,358 Sq Ft Home
  • Property has 2 Levels
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Beaver Run Elementary School
  • Wicomico Middle School
  • Wicomico High School

Utilities

  • Space Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05-003423

Home Details

Home Type

Single Family

Est. Annual Taxes

$771

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1924
  • Remarks Public: Great investment opportunity!! New roof and foundation improvements made! There are still cosmetic items to be addressed but this property has great potential! Property is Sold "as-is". Owner Financing available.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1358
  • Living Area Sq Ft: 1358
  • Price Per Sq Ft: 33.80
  • Above Grade Finished Sq Ft: 1358
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 710

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Stick Built, Vinyl Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Type: Space Heater
  • 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: WICOMICO COUNTY PUBLIC SCHOOLS
  • Elementary School: BEAVER RUN
  • Middle School: WICOMICO
  • High School: WICOMICO
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138751831
  • School District Source: Listing Agent
  • Elementary School: BEAVER RUN
  • High School: WICOMICO
  • Middle Or Junior School: WICOMICO

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.10
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4500.00
  • Year Assessed: 2020
  • Zoning: R5
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5331277
  • Tax Annual Amount: 771.00
  • Assessor Parcel Number: 05-003423
  • Tax Total Finished Sq Ft: 1358
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/15/2020

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2023
Sold by
Hemauer Keith
Bought by
Wilson Dorange and Janilia Alix-Dorange Janilia
Current Estimated Value
$127,228

Purchase Details

Listed on
Feb 28, 2020
Closed on
Jul 15, 2020
Sold by
Elebute Kunle
Bought by
Hemauer Keith
Seller's Agent
Jay Doaty
Coastal Resort Sales and Rent
Buyer's Agent
Mike Dunn
Keller Williams Realty Delmarva
List Price
$55,000
Sold Price
$40,000
Premium/Discount to List
-$15,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.73%
Original Mortgage
$23,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 17, 2018
Closed on
Oct 22, 2019
Sold by
Cherrix Emma S and Cherrix Charles L
Bought by
Elebute Kunle
Seller's Agent
Brandon Ziska
Coldwell Banker Realty
Buyer's Agent
Ryan Daniher
Keller Williams Realty
List Price
$53,200
Sold Price
$30,000
Premium/Discount to List
-$23,200
-43.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.75%
Original Mortgage
$15,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 1975
Sold by
Carey Clifton H and Carey Cornelia
Bought by
Cherrix Charles L and Cherrix Emma M
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
Wilson Dorange $59,000 Millennium Title & Abrstract C
Hemauer Keith $40,000 Mid Atlantic T&E Co
Elebute Kunle $30,000 Sage Title Group Llc
Cherrix Charles L $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hemauer Keith $23,000
Previous Owner Elebute Kunle $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $40,000 -12.9% $29 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
04/19/2020 04/19/20 Price Changed $45,900 -8.0% $34 / Sq Ft
04/02/2020 04/02/20 Price Changed $49,900 -9.3% $37 / Sq Ft
02/28/2020 02/28/20 For Sale $55,000 +83.3% $41 / Sq Ft
10/17/2019 10/17/19 Sold $30,000 -43.6% $23 / Sq Ft
10/11/2019 10/11/19 Pending -- -- --
10/17/2018 10/17/18 For Sale $53,200 -- $40 / 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 $578 $64,733 $0 $0
2024 $578 $60,300 $7,700 $52,600
2023 $527 $53,300 $0 $0
2022 $472 $46,300 $0 $0
2021 $402 $39,300 $7,700 $31,600
2020 $392 $38,000 $0 $0
2019 $384 $36,700 $0 $0
2018 $740 $35,400 $7,700 $27,700
2017 $664 $33,733 $0 $0
2016 $790 $32,067 $0 $0
2015 $790 $30,400 $0 $0
2014 $790 $30,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC107174

Bright MLS

APN: 05-003423