NOT LISTED FOR SALE

715 Spring Ave Salisbury, MD 21804

Presidents-Princeton Neighborhood

Estimated Value: $127,000 - $191,000

3 Beds
1 Bath
910 Sq Ft
$175/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $93,000 $102 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $883/month

28 Days on Market

Highlights

  • Rambler Architecture
  • Asbestos
  • Hot Water Baseboard Heater
  • No HOA

About This Home

As of January 2022

Don't Miss this 3 Bed, 1 Bath Rancher. Arv on this nice rancher is 150. Just need some updating and its good as New!! This home is within 5 minutes from your local grocery store, fitness gym, and city park.

Last Agent to Sell the Property

Devin Graham

(410) 422-3849 deving@kw.com Coldwell Banker Realty License #667652 Listed on: 12/20/2021

Coldwell Banker Realty

Last Buyer's Agent

Rusty Molnar

(410) 726-2095 rustymolnar@gmail.com Keller Williams Realty Delmarva

Keller Williams Realty Delmarva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,132

Year Built

  • Built in 1964

Lot Details

  • 6,000 Sq Ft Lot
  • Property is zoned R8

Home Design

  • Rambler Architecture
  • Block Foundation
  • Asbestos

Interior Spaces

  • 910 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 2313033641

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,132

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 910
  • Living Area Sq Ft: 910
  • Price Per Sq Ft: 105.49
  • Above Grade Finished Sq Ft: 910
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Asbestos
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • 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 Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Zoning: R8
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1132.00
  • Assessor Parcel Number: 2313033641
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2021
Closed on
Jan 31, 2022
Sold by
Grady Armstrong
Bought by
Zivali Muzaffer
Seller's Agent
Devin Graham
Coldwell Banker Realty
Buyer's Agent
Rusty Molnar
Keller Williams Realty Delmarva
List Price
$96,000
Sold Price
$93,000
Premium/Discount to List
-$3,000
-3.12%
Current Estimated Value
$159,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,147
Avg. Annual Appreciation
14.49%
Original Mortgage
$83,000
Outstanding Balance
$76,529
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$82,618

Purchase Details

Closed on
Sep 13, 1989
Sold by
Lucas Lawrence F and Lucas Jane A
Bought by
Armstrong Grady

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,400
Interest Rate
10.17%

Purchase Details

Closed on
Jan 26, 1977
Sold by
Mcleod Ronald A and Mcleod Shirley A
Bought by
Lucas Lawrence F and Lucas Jane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,500
Interest Rate
8.73%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Zivali Muzaffer $93,000 Acquest Title
Armstrong Grady $51,900 --
Lucas Lawrence F $24,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zivali Muzaffer $83,000
Previous Owner Armstrong Grady $53,400
Previous Owner Lucas Lawrence F $24,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2022 01/31/22 Sold $93,000 -3.1% $102 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $96,000 0.0% $105 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
12/20/2021 12/20/21 For Sale $96,000 -- $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 $709 $77,633 $0 $0
2024 $634 $66,100 $12,000 $54,100
2023 $626 $62,800 $0 $0
2022 $606 $59,500 $0 $0
2021 $575 $56,200 $12,000 $44,200
2020 $574 $55,633 $0 $0
2019 $576 $55,067 $0 $0
2018 $1,117 $54,500 $12,000 $42,500
2017 $1,011 $51,933 $0 $0
2016 -- $49,367 $0 $0
2015 $1,218 $46,800 $0 $0
2014 $1,218 $46,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Devin Graham

    Seller's Agent in 2022

    Devin Graham

    Coldwell Banker Realty

    (410) 422-3849

    2 in this area

    21 Total Sales

    Devin Graham
    Section Image
  • Rusty Molnar

    Buyer's Agent in 2022

    Rusty Molnar

    Keller Williams Realty Delmarva

    (410) 726-2095

    5 in this area

    104 Total Sales

    Rusty Molnar
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWC2002852

Bright MLS

APN: 13-033641

Maryland Wicomico County Salisbury 21804 Presidents-Princeton

715 Spring Ave, Salisbury, MD

Not Listed for Sale

Detached

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