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$220,000

Beds
2
Baths
1.0
sq ft
732

502 Atlantic Ave, Salisbury, MD 21804

502 Atlantic Ave

SALISBURY, MD 21804

  • 110 days on market
Adorable & Affordable! For less than most monthly rent, you can own this darling, updated 2BR/1BA cottage on a large, fenced lot, on a quiet street on Salisbury's east-side. Move right in - the updating and upgrading has been done for you - HVAC, roof, porch and patio, oil-rubbed bronze fixtures, flooring, vinyl replacement windows, & more! Welcoming screened-in front porch [NOT shown in photos] with custom paver inlay. Durable and gorgeous vinyl flooring throughout. Nice-sized living room offers enough space for a dining area. Bright & sunny kitchen with charming accents - picture-frame chair-rail molding, subway-tile backsplash, updated cabinetry hardware - offers ample room for an island w/seating or more traditional table; double-doors to the laundry area. Stackable washer/dryer and fridge just 3 years old. Sliding barn door into the updated bath with a pretty vanity - oversized marble top, distressed seafoam finish - wainscoting wall accent, oil-rubbed bronze pulls and towel rack. 2 bedrooms complete the interior. Partial basement houses the water heater, sump pump, and whole house water softener system! Outside, enjoy your custom paver raised patio overlooking the expansive, fenced yard. Plenty of room to lounge, BBQ, or play! Sizes, taxes approximate.

Details

Property type

Single Family Residence

Est. home value

$184,198

Lot size

8,000 sq ft

Price per sq ft

$301

Year built

1946

Annual property taxes

$1,047

HOA

No

Price History

08/21/2024
Bright

Bright #MDWC2014698

Listed
$220,000
+41.94%
10/22/2021
Bright

Bright #MDWC2001448

Sold
$155,000
+250.68%
02/13/2015
Bright

Bright #1001683162

Sold
$44,200

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

$65,133
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$137,267
Cash to seller
$65,133

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

Seller’s Loan History

Lender

Primelending

Loan start date

October 2021

Original loan amount

$147,250

Est. remaining balance

$137,267

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Anita Joyce Wilder

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: Active

Tomo last checked: 11/22/2024 at 6:35 AM

Listing updated: 11/12/2024 at 11:06 AM

Listed by: Charlene L. Reaser, EXP Realty, LLC Phone #: (888) 860-7369

MLS: Bright #MDWC2014698

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