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$499,900

Beds
4
Baths
2.5
sq ft
3,168

5545 Royal Mile Blvd, Salisbury, MD 21801

5545 Royal Mile Blvd

SALISBURY, MD 21801

  • 265 days on market
    • Price drop $30,000↓
Welcome home to 5545 Royal Mile Blvd, located in the prestigious neighborhood of West Nithsdale! This classic Colonial home with a tasteful contemporary feel is waiting for its new owners to come and introduce themselves! The fusion of old and new really come together in this recently updated home, where you'll find all the modernization you need while retaining that classic Colonial feel. Upon entering, you're greeted by a spacious foyer and stairs, with access to the den, formal dining room and kitchen, with real hardwood floors guiding you throughout the majority of the first level of the home. The kitchen features quartz countertops, stainless steel appliances, subway tile backsplash, and ample recessed lighting, while maintaining a warm cozy feel. Situated off the kitchen is a large breakfast area, pantry, and access to the rear screened-in porch, equipped with brick paver flooring for a classic yet sturdy feel. Situated adjacent to the kitchen/breakfast area, you'll find the formal dining room, accented with a modern yet classic chandelier, chair railing, and multiple windows, providing lots of warm natural light. Continuing on from the breakfast area is a huge family room equipped with a brick fireplace, and separate doors leading to both a small front portico perfect for porch-sitting, and the rear deck access leading to the back yard. Off the kitchen and foyer, you'll find a den perfect for additional flex space, whether it be a home office, second living room, or perhaps a quiet library. Rounding out the first floor, you'll also find a half-bath just off the side entry to the home, and a large laundry room with access directly to the two-car garage. Upstairs, you'll find the owner’s suite, which is oversized and supplemented with a large walk-in closet and en-suite bathroom. This luxurious bathroom features herringbone-pattern tile flooring, double vanity accented with subway tile, a large walk-in shower with a built-in alcove for storage, a stone-topped bench, and rainshower shower-head. Or you can soak in the standalone soaking tub accented with a wall-mounted TV and an ornate chandelier to boot! The toilet room is separate, and has its own built-in linen closet. Also upstairs you'll find 3 additional large bedrooms, a common bathroom featuring a tiled tub/shower combo, ornate vanity, and large ceramic floor tiling. Don't miss the surprise bonus space! There’s a 3rd floor unfinished 749 square feet area with dormer windows for plenty of natural light. It’s just waiting to be developed into a home theater, office space, or perhaps a kids’ hangout. Still need more storage space? There’s walk-up attic over the garage, so you can ditch the storage unit rental with confidence. In back of the home, there’s a large rear deck with a screened-in porch, a huge fenced-in area of the backyard with an open view of the trees behind the home that’s perfect for entertaining or spending a relaxing evening taking in the serene sounds of quiet Eastern Shore living. Leave worry behind, as this home has been meticulously upgraded and maintained throughout the years, with recent improvements featuring a new septic system in 2021, a new water heater in 2023, and regular system well-checks and maintenance. The West Nithsdale neighborhood is located just minutes outside of the rapidly growing downtown scene that Salisbury has been working hard to achieve in past years. You'll find yourself just minutes from a plethora of options for shopping, dining, healthcare, schools, and recreational activities, and it’s less than an hour’s drive to the Maryland and Delaware beaches at Ocean City, Assateague Island, and Fenwick Island. This beautiful home is ready for the passing of the torch to its lucky new owners…you just need to come by and introduce yourself! Call today to schedule your own private tour!

Details

Property type

Single Family Residence

Est. home value

$455,307

Lot size

0.8 acres

Price per sq ft

$158

Year built

1990

Annual property taxes

$3,459

Monthly HOA fee

$27.08

Price History

11/01/2024
Bright

Bright #MDWC2013122

Price change
$499,900
-5.66%
06/10/2024
Bright

Bright #MDWC2013122

Listed
$529,900
05/27/2024
Bright

Bright #MDWC2013122

Pending
$529,900
+53.59%

Schools & Community

Elementary school: 

WESTSIDE

Middle school: 

SALISBURY

High school: 

JAMES M. BENNETT

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

$235,968
Asking price
$499,900
Closing costs (~8% of asking)
-$39,992
Est. remaining loan balance
-$223,940
Cash to seller
$235,968

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

August 2016

Original loan amount

$273,845

Est. remaining balance

$223,940

Interest rate

3.42%

Loan type

New Conventional, 30 year

Seller

Julia L O Rourke and James J Porter

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: 12/22/2024 at 9:10 PM

Listing updated: 12/02/2024 at 8:29 AM

Listed by: William R Brown, EXP Realty, LLC Phone #: (888) 860-7369

MLS: Bright #MDWC2013122

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