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$195,000

Beds
2
Baths
1.5
sq ft
708

512 Collins St, Salisbury, MD 21801

512 Collins St

SALISBURY, MD 21801

  • Coming soon
Welcome to 512 Collins St! This fully renovated 2-bedroom, 1.5-bathroom bungalow is conveniently located on the Westside of the City of Salisbury. This home has been completely remodeled inside and out, offering a brand-new roof, new vinyl siding, and energy-efficient replacement windows. Step inside to discover the brand-new kitchen, updated bathrooms, fresh flooring, and modern fixtures throughout. The HVAC has been upgraded with a brand new heat pump. The full, unfinished basement provides excellent storage Outside, you will find the large front porch, the backyard is spacious and includes a shed for additional storage. Don’t miss this move-in-ready gem—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$94,367

Lot size

9,000 sq ft

Price per sq ft

$276

Year built

1940

Annual property taxes

$1,213

HOA

No

Price History

05/16/2019
Bright

Bright #1002344228

Sold
$20,000

Schools & Community

Neighborhood: 

West Side

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$131,901
Asking price
$195,000
Closing costs (~8% of asking)
-$15,600
Est. remaining loan balance
-$47,499
Cash to seller
$131,901

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

Seller’s Loan History

Lender

Hsbc Mortgage Corporation Usa

Loan start date

January 2008

Original loan amount

$73,000

Est. remaining balance

$47,499

Interest rate

6.24%

Loan type

Not Provided, 30 year

Seller

George Morgan and Gerrena Morgan

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: Coming Soon

Tomo last checked: 03/29/2025 at 4:35 AM

Listing updated: 03/24/2025 at 8:31 PM

Listed by: Mr. Colby B Phippin, Whitehead Real Estate Exec. Phone #: (410) 749-4663

MLS: Bright #MDWC2017260

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