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515 Druid Hill Avenue

515 Druid Hill Avenue, Salisbury, MD 21801
Property in Wicomico
Sold Sep 07, 2021
$220,000
$216,015 by Mortgage Network Inc
Mortgage Due Sep 01, 2051
Sold Oct 15, 2008
$84,000
$105,000 by Suntrust Mortgage Inc
Mortgage Due Oct 01, 2038
515 Druid Hill Avenue in Salisbury, MD was first built in 1954 and is 70 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 515 Druid Hill Avenue has 1,408 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 14,414 square feet.

Learn more about the property and building on this page. There is a open porch. 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. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. 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 forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 515 Druid Hill Avenue sold most recently in Aug 13, 2021 for a total of $220,000. If you work out the math, that's approximately a cost of $156.25 per sqft. Before that, the property was also sold for $84,000 in Oct 1, 2008. 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 $1,824 in taxes each year. 515 Druid Hill Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $182,900. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,414
  • Total Building Area: 1,408
  • Gross Building Area: 1,408
  • Building Area: 1,408
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,408
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PINEHURS & COLLEGE AVE DEVELOP
  • Land Acres: 0.331
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 14,414 SQ FT 515 DRUID HILL AVE CITY OF SALIS

Ownership

  • Current Owner : USILTON MORGAN R
  • Previous Owner : FRANKS ANTHONY K
  • Owner Before Previous Owner: FRANKS MAXWELL P L
  • Owner Before Previous Owner 2: FRANKS E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wicomico County Public Schools
  • Census Tract: 000400

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: 114 21 878
  • Account Number: 025401
  • District: 13
  • Parcel: 13-025401
  • Municipality: SALISBURY
  • Latitude: 38.3491
  • Longitude: -75.614

    Address

  • Full Address: 515 Druid Hill Ave
  • Address - House Number: 515
  • Address - Street Name: Druid Hill
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Salisbury
  • Carrier Code: C007
  • 4-Digit Zip Code: 6843
  • Zip Code: 21801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,824
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1349
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 73
  • Final Value: 261,951
  • High Value: 297,306
  • Low Value: 226,595

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $216,015
  • First Open Lien Mortgage Lender: MORTGAGE NETWORK INC
  • First Open Lien Mortgage Recording Date: Sep 07, 2021
  • First Open Lien Mortgage Loan Amount: $216,015
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $226,800
  • Market Land Value: $37,800
  • Market Improvement Value: $189,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $182,900

    Sales

  • Current Sale Contract Date: Aug 13, 2021
  • Current Sale Recording Date: Sep 07, 2021
  • Current Sale Transaction ID: 11855604888
  • Current Sale Price: $220,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Oct 15, 2008
  • Previous Sale Contract Date: Oct 01, 2008
  • Previous Sale Amount: $84,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE NETWORK INC
  • First Mortgage Transaction Date: Sep 07, 2021
  • First Mortgage Loan Amount: $216,015
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Oct 15, 2008
  • Previous Mortgage Loan Amount: $105,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2038

About Salisbury



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Frequently Asked Questions

What neighborhood is 515 Druid Hill Avenue located in?
The 515 Druid Hill Avenue is a located in the neighborhood of Wicomico in Salisbury, Salisbury.
What is the average sales price for listings in 515 Druid Hill Avenue?
The average sales price for units in 515 Druid Hill Avenue is $0 currently.

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