NOT LISTED FOR SALE

7199 Broad St Parsonsburg, MD 21849

Estimated Value: $253,000 - $280,000

3 Beds
2 Baths
1,887 Sq Ft
$142/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $234,000 $124 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,581/month

Highlights

  • Open Floorplan
  • Victorian Architecture
  • Family Room Off Kitchen
  • Deck
  • No HOA
  • French Doors

About This Home

As of August 2022

*****Highest & Best Monday 8pm ,*******
Beautifully updated and modernized Victorian farmhouse.
Conveniently located 15 minutes from downtown Salisbury, and 30 minutes from the beach. This home has lots of charm. The kitchen and dining room have lots of natural light from the half turret that sits at the front of the house, and the large French doors at the back of the kitchen.
The kitchen is spacious and bright with updated countertops and freshly painted cabinets. Tucked behind the kitchen is a bonus room that could be a nice office space, play area, or cozy reading lounge. There is a full living room and full bath on the first floor.
The upstairs has three bedrooms, an additional full bath and a bonus finished third floor space that could be another den, game room, or office.
The house interior has been remodeled down to the studs and all plumbing and electric modernized and HVAC/central air added in 2022. New roof was also installed in 2021. The house interior has been finished with a fresh and light modern farmhouse feel! The backyard is spacious. Don't miss your chance to see this one and make it yours!

Last Agent to Sell the Property

Erin Failaev

ERA Martin Associates License #5005056 Listed on: 05/06/2022

ERA Martin Associates

Co-Listed By

Bonnie Flinn

ERA Martin Associates License #5004665

Last Buyer's Agent

Cynthia Hollowell

Coldwell Banker Realty License #619974

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $740

Year Built

  • Built in 1920

Lot Details

  • 0.42 Acre Lot
  • Property is in excellent condition
  • Property is zoned AR

Home Design

  • Victorian Architecture
  • Pillar, Post or Pier Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,887 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Vinyl Clad Windows
  • French Doors
  • Family Room Off Kitchen
  • Crawl Space
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Gravel Driveway
  • On-Street Parking

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2304012798

Home Details

Home Type

Single Family

Est. Annual Taxes

$740

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-05-06
  • Federal Flood Zone: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: *****Highest & Best Monday 8pm ,******* Beautifully updated and modernized Victorian farmhouse. Conveniently located 15 minutes from downtown Salisbury, and 30 minutes from the beach. This home has lots of charm. The kitchen and dining room have lots of natural light from the half turret that sits at the front of the house, and the large French doors at the back of the kitchen. The kitchen is spacious and bright with updated countertops and freshly painted cabinets. Tucked behind the kitchen is a bonus room that could be a nice office space, play area, or cozy reading lounge. There is a full living room and full bath on the first floor. The upstairs has three bedrooms, an additional full bath and a bonus finished third floor space that could be another den, game room, or office. The house interior has been remodeled down to the studs and all plumbing and electric modernized and HVAC/central air added in 2022. New roof was also installed in 2021. The house interior has been finished with a fresh and light modern farmhouse feel! The backyard is spacious. Don't miss your chance to see this one and make it yours!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Flooring Type: Laminate Plank, Carpet
  • Interior Amenities: Ceiling Fan(s), Carpet, Family Room Off Kitchen, Floor Plan - Open
  • Window Features: Vinyl Clad
  • Door Features: French
  • Foundation Details: Crawl Space, Pillar/Post/Pier
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 1887
  • Living Area Sq Ft: 1887
  • Price Per Sq Ft: 116.58
  • Above Grade Finished Sq Ft: 1887
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7199

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: 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
  • Parking Features: Crushed Stone
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

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

  • Land Use Code: R
  • Lot Size Acres: 0.42
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18295.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: AR
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 5329905
  • Tax Annual Amount: 740.00
  • Assessor Parcel Number: 2304012798
  • Tax Total Finished Sq Ft: 1887
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 08/05/2022

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Aug 5, 2022
Sold by
Powerhouse 2021 Llc
Bought by
Delaurentis Michael and Mestrez Aubrey
Seller's Agent
Erin Failaev
ERA Martin Associates
Buyer's Agent
Cynthia Hollowell
Coldwell Banker Realty
List Price
$219,995
Sold Price
$234,000
Premium/Discount to List
$14,005
6.37%
Current Estimated Value
$268,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,333
Avg. Annual Appreciation
4.29%
Original Mortgage
$229,761
Outstanding Balance
$219,597
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$47,070

Purchase Details

Closed on
Aug 12, 2021
Sold by
Failaev Enn K and Danielraj Catherine P
Bought by
Powerhouse 2021 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2011
Sold by
Federal National Mortgage Association
Bought by
Wright Laverine

Purchase Details

Closed on
Jun 13, 2011
Sold by
Fannie Mae
Bought by
Wright Laverne

Purchase Details

Closed on
Jun 25, 2010
Sold by
Griswold Dave L and Griswold Mary Jo
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 28, 2007
Sold by
Griswold Dave L
Bought by
Griswold Dave L and Griswold Mary Jo

Purchase Details

Closed on
Nov 13, 2007
Sold by
Griswold Dave L
Bought by
Griswold Dave L and Griswold Mary Jo

Purchase Details

Closed on
Jun 23, 2005
Sold by
Shelly Tod
Bought by
Griswold Dave L and Griswold Mary Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
6.45%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 10, 2000
Sold by
Bruce Kenneth J
Bought by
Shelly Tod

Purchase Details

Closed on
Jul 22, 1997
Sold by
Bruce Kenneth J
Bought by
Bruce Kenneth J
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
Delaurentis Michael $234,000 None Listed On Document
Powerhouse 2021 Llc $90,000 Real Estate Title & Escrow
Wright Laverine $15,000 --
Wright Laverne $15,000 Streamline Title & Escrow Ll
Wright Laverine $15,000 --
Federal National Mortgage Association $130,000 --
Griswold Dave L -- --
Griswold Dave L -- --
Griswold Dave L $105,000 --
Shelly Tod $52,000 --
Bruce Kenneth J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delaurentis Michael $229,761
Previous Owner Powerhouse 2021 Llc $95,000
Previous Owner Czawlytko Mary Jo $113,250
Previous Owner Griswold Dave L $94,500
Closed Shelly Tod --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $234,000 +6.4% $124 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $219,995 -6.0% $117 / Sq Ft
05/06/2022 05/06/22 Off Market $234,000 -- --
05/06/2022 05/06/22 For Sale $219,995 0.0% $117 / Sq Ft
05/02/2022 05/02/22 Price Changed $219,995 +266.7% $117 / Sq Ft
04/22/2021 04/22/21 Sold $60,000 -29.3% $32 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
02/17/2021 02/17/21 Price Changed $84,900 -22.7% $45 / Sq Ft
02/01/2021 02/01/21 Price Changed $109,900 -4.4% $58 / Sq Ft
10/14/2020 10/14/20 Price Changed $114,900 -8.0% $61 / Sq Ft
09/28/2020 09/28/20 For Sale $124,900 -- $66 / 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 $1,563 $196,700 $43,500 $153,200
2024 $1,563 $156,733 $0 $0
2023 $1,214 $116,767 $0 $0
2022 $843 $76,800 $33,500 $43,300
2021 $770 $71,700 $0 $0
2020 $747 $66,600 $0 $0
2019 $644 $61,500 $23,500 $38,000
2018 $707 $61,500 $23,500 $38,000
2017 $785 $61,500 $0 $0
2016 -- $68,200 $0 $0
2015 $721 $68,200 $0 $0
2014 $721 $68,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC2004528

Bright MLS

APN: 04-012798