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305 East Pine Street

305 East Pine Street, Delmar, MD 21875
Property in Wicomico
Sold May 29, 2019
$300,000
$350,000 by The Bank Of Delmarva
Mortgage
305 East Pine Street in Delmar, MD was first built in 1925 and is 99 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 305 East Pine Street has 1,928 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,830 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 360 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of unknown. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump. The property was last sold in May 24, 2019 for $300,000. That's $155.60 per sqft. 305 East Pine Street was last assessed in 2023. The total value of the property was assessed at $89,400. Specifically, the land the property is located on was valued at $21,400. While improvements on the property were assessed at a total of $68,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $892. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,830
  • Total Building Area: 1,928
  • Gross Building Area: 1,928
  • Building Area: 1,928
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,928
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PARK MANOR
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L-7,830SQ FT 305 E PINE ST EDGEVIEW #2 PLAT

Ownership

  • Current Owner : UNDERBITE PROPERTIES LLC
  • Previous Owner : THE CREDIT SHELTER TRUST
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wicomico County Public Schools
  • Census Tract: 010703

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 11A 9 353
  • Account Number: 009468
  • District: 11
  • Parcel: 11-009468
  • Lot: 72
  • Municipality: DELMAR
  • Latitude: 38.4525
  • Longitude: -75.5744

    Address

  • Full Address: 305 E Pine St
  • Address - House Number: 305
  • Street Direction: E
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: MD
  • City Name: Delmar
  • Carrier Code: C002
  • 4-Digit Zip Code: 1646
  • Zip Code: 21875

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $892
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.1349
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 73
  • Final Value: 127,799
  • High Value: 145,047
  • Low Value: 110,550

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: THE BANK OF DELMARVA
  • First Open Lien Mortgage Recording Date: May 29, 2019
  • First Open Lien Mortgage Loan Amount: $350,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $89,400
  • Market Land Value: $21,400
  • Market Improvement Value: $68,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,400
  • Assessed Land Value: $21,400
  • Assessed Improvements Value: $68,000

    Sales

  • Current Sale Contract Date: May 24, 2019
  • Current Sale Recording Date: May 29, 2019
  • Current Sale Transaction ID: 11613398050
  • Current Sale Price: $300,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE BANK OF DELMARVA
  • First Mortgage Transaction Date: May 29, 2019
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Delmar



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Frequently Asked Questions

What neighborhood is 305 East Pine Street located in?
The 305 East Pine Street is a located in the neighborhood of Wicomico in Delmar, Delmar.
What is the average sales price for listings in 305 East Pine Street?
The average sales price for units in 305 East Pine Street is $0 currently.

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