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743 Richwil Drive

743 Richwil Drive, Salisbury, MD 21804
Property in Wicomico
Sold Dec 21, 2020
$197,000
$193,431 by Mclean Mortgage Corp
Mortgage Due Jan 01, 2051
Sold Apr 04, 2007
$213,000
$170,000 by First Shore Fsla
Mortgage Due Apr 01, 2037
Local assessors in Salisbury, MD have categorized 743 Richwil Drive as a residential type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 9,100 square feet. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 743 Richwil Drive has a total of 1,400 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 brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's baseboard heaters is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 743 Richwil Drive was last sold in Dec 15, 2020 for $197,000. According to our calculations, that's $140.71 per sqft. Prior to that sales transaction, the property was sold for $213,000 in Mar 29, 2007. Current property owners are expected to pay $1,574 in taxes per year. The property on 743 Richwil Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $157,800. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,100
  • Total Building Area: 1,400
  • Gross Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Baseboard
  • Heated Square Feet: 1,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RICHWIL PARK
  • Land Acres: 0.209
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BL K L 12-9,100 SQFT 743 RICHWIL DRIVE RICH WIL PLAT

Ownership

  • Current Owner : CASHMAN EMILY JANE
  • Previous Owner : BECHARD AMY D
  • Previous Owner 2: FERNS AMY D
  • Owner Before Previous Owner: MPM OF SALISBURY LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wicomico County Public Schools
  • Census Tract: 000500

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: 38 22 401
  • Account Number: 005346
  • District: 13
  • Parcel: 13-005346
  • Block: K
  • Lot: 12
  • Latitude: 38.3595
  • Longitude: -75.5837

    Address

  • Full Address: 743 Richwil Dr
  • Address - House Number: 743
  • Address - Street Name: Richwil
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Salisbury
  • Carrier Code: C028
  • 4-Digit Zip Code: 5627
  • Zip Code: 21804

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,574

    Appraisal Valuation

  • Standard Deviation: 0.1349
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 73
  • Final Value: 214,382
  • High Value: 243,316
  • Low Value: 185,447

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $193,431
  • First Open Lien Mortgage Lender: MCLEAN MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Dec 21, 2020
  • First Open Lien Mortgage Loan Amount: $193,431
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $181,100
  • Market Land Value: $40,100
  • Market Improvement Value: $141,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $157,800

    Sales

  • Current Sale Contract Date: Dec 15, 2020
  • Current Sale Recording Date: Dec 21, 2020
  • Current Sale Transaction ID: 11830050288
  • Current Sale Price: $197,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Apr 04, 2007
  • Previous Sale Contract Date: Mar 29, 2007
  • Previous Sale Amount: $213,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MCLEAN MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 21, 2020
  • First Mortgage Loan Amount: $193,431
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST SHORE FSLA
  • Previous Mortgage Transaction Date: Apr 04, 2007
  • Previous Mortgage Loan Amount: $170,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2037

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Frequently Asked Questions

What neighborhood is 743 Richwil Drive located in?
The 743 Richwil Drive is a located in the neighborhood of Wicomico in Salisbury, Salisbury.
What is the average sales price for listings in 743 Richwil Drive?
The average sales price for units in 743 Richwil Drive is $0 currently.

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