tomo logo

$639,986Estimated home value

Beds
6
Baths
4.5
sq ft
6,467

31008 Old Ocean City Rd, Salisbury, MD 21804

31008 Old Ocean City Rd

SALISBURY, MD 21804

  • Sold On 11/6/2023
    • Price drop $49,000↓
Plenty of room for everyone in this +/-6467 square foot home. Major renovations in 2017. The cook's delight kitchen has tile floors and back splash, granite counters, a 6 burner gas cooktop with pot filler, double wall ovens, double sink and enough cabinet and counter space to start your own restaurant. With its counter seating, the kitchen is open to the family room that boasts a wood burning fireplace. A separate area with built in cabinets and a wine refrigerator are nearby. Living room, dining room, laundry room, playroom and 1/2 bath finish off the first floor. All counters from the bathrooms, laundry to the kitchen are granite. Crown molding is in most of the rooms. Two stair cases lead to the second floor that includes an office, 5 bedrooms and 3 full baths including a double shower in one of them. Also a second kitchen is located there. Flooring throughout the house includes hardwood, tile and wood planking. The third floor has an additional bedroom, washer and dryer, another family room , a full bathroom and a second kitchen. The basement is partial floored and ready to finish off. Outside you have plenty of room to play. 10 X 25 deck, covered patio pavers, black top driveway and a 12 X 40 shed. A single car garage is attached to the home.

Details

Property type

Single Family Residence

Est. home value

$639,986

Lot size

0.53 acres

Price per sq ft

$101

Year built

1935

Annual property taxes

$3,621

HOA

No

Price History

12/17/2024
Bright

Bright #MDWC2015998

Removed
$650,000
12/07/2024
Bright

Bright #MDWC2015998

Listed
$650,000
+8.33%
11/06/2023
Bright

Bright #MDWC2009170

Sold
$600,000
+440.54%

Schools & Community

Elementary school: 

BEAVER RUN

Middle school: 

WICOMICO

High school: 

WICOMICO

School district: 

WICOMICO COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$152,788
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$445,212
Cash to seller
$152,788

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

November 2023

Original loan amount

$450,000

Est. remaining balance

$445,212

Interest rate

7.19%

Loan type

New Conventional, 30 year

Seller

William Travis Warren and Juanita Sheppard Warren

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 12/26/2024 at 7:35 AM

Listing updated: 01/12/2024 at 4:36 PM

Listed by: Cam Bunting, Bunting Realty, Inc. Phone #: (410) 641-3313

MLS: Bright #MDWC2009170

Bright logo

Recently listed in SALISBURY

$239,900|3 bd|1.0 ba|House
$372,990|4 bd|2.5 ba|House
$234,900|3 bd|2.5 ba|House
$249,000|3 bd|1.0 ba|House
$379,900|3 bd|2.0 ba|House
$234,990|3 bd|2.5 ba|Townhouse
$299,900|4 bd|2.0 ba|House