1507 Winthrop Place

Salisbury MD 21804

2760 sq. ft.

22000 sq. ft.

Single-Family

Last sold for $206,000

Donna Harrington, last sold this property on 15 December 2022 after 103 days on market.

Overview

INVESTOR SPECIAL!! This one is NOT move in ready but definitely has TONS OF POTENTIAL!! Check out this spacious home in a convenient East Salisbury/Wicomico County location! This home has great bones but does need major repairs and some updates so it?s priced to go! Home sits on a large ? acre cleared lot and features 3 spacious bedrooms with 2 full baths & room to grow. Has beautiful hardwoods in many areas and wall to wall carpet in other areas. House has lots of storage with walk-in & attic storage and EIGHT walk-in closets! The eat-in kitchen features lovely cherry cabinets, chair railing and a huge walk-in pantry! The high-quality kitchen cabinets are even matched to the bathroom vanities!! There is also a first-floor handicap accessible primary bedroom and an oversized 2 car garage which includes a wheelchair lift. Home does have roof leaks and an attic wall leak that will need to be addressed. Seller has shared that he?s been told it will take a handful of sheets of plywood to fix the roof leaks and the area in the attic. He has also indicated the roof will need to be shingled over once leaks are repaired and there are several areas of drywall repairs that will need to be made. The sooner these issues are corrected the better! Overall, the home has great bones and needs an investor or an owner occupant with a renovation loan to help this beautiful home get back to its original glory! Home is being sold As-Is and FURNISHED (see LA for information on furnishings). Estimated ARV after repairs is in the $300KPLUS range. Bring your renovation loan or cash offer and get a great home with potential for post renovation equity $$!!

Features

3 bedrooms

2 bathrooms

2 carspaces

2760 sq. ft. floor area

22000 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Salisbury over the last 12 months, the estimated median property value of 1507 Winthrop Place is $273.33k.

Median value

$273.33k

Estimated value range

$130k - $440k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Salisbury. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.