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415 East East Street

415 East East Street, Delmar, MD 21875
Property in Wicomico
Sold May 29, 2019
$300,000
$350,000 by The Bank Of Delmarva
Mortgage
Local assessors in Delmar, MD have categorized 415 East East Street as a residential type of property. The home was built in 1919 and is 105 years old. The property's lot size has been calculated to be 7,000 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 415 East East Street has a total of 1,512 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 415 East East Street sold most recently in May 24, 2019 for a total of $300,000. If you work out the math, that's approximately a cost of $198.41 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $671 in taxes each year. 415 East East Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $67,300. If we break it down further, the land itself was valued at $21,000. Improvements to the property, however, were assessed at a total of $46,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 1,512
  • Gross Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,512
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PARK MANOR
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 7,000 SQFT 415 E EAST ST DELMAR

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 3 81
  • Account Number: 009832
  • District: 11
  • Parcel: 11-009832
  • Municipality: DELMAR
  • Latitude: 38.4552
  • Longitude: -75.5723

    Address

  • Full Address: 415 E East St
  • Address - House Number: 415
  • Street Direction: E
  • Address - Street Name: East
  • Address - Suffix Type: St
  • State: MD
  • City Name: Delmar
  • Carrier Code: C002
  • 4-Digit Zip Code: 1716
  • Zip Code: 21875

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $671
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.1349
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 73
  • Final Value: 85,270
  • High Value: 96,778
  • Low Value: 73,761

    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: $67,300
  • Market Land Value: $21,000
  • Market Improvement Value: $46,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,300
  • Assessed Land Value: $21,000
  • Assessed Improvements Value: $46,300

    Sales

  • Current Sale Contract Date: May 24, 2019
  • Current Sale Recording Date: May 29, 2019
  • Current Sale Transaction ID: 11613398051
  • 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 415 East East Street located in?
The 415 East East Street is a located in the neighborhood of Wicomico in Delmar, Delmar.
What is the average sales price for listings in 415 East East Street?
The average sales price for units in 415 East East Street is $0 currently.

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