NOT LISTED FOR SALE

Estimated Value: $975,000 - $1,524,000

0.84 Acre
$1,377,386 Price per Acre
36,590 Sq Ft Lot

Last Sold March 26, 2021

Last sale price $275,000

Est. 321% increase in value since last sale

Current estimated payment $6,992/month

98 Days on Market

Highlights

  • 193 Feet of Waterfront
  • Access to Tidal Water
  • Stream or River on Lot
  • Showell Elementary School Rated A-
  • River View
  • Partially Wooded Lot

About This Lot

As of March 2021

Waterfront lot #51 -- a calm and serene setting in lovely community of Piney Island with beautiful views of Shingle Landing Prong in Bishopville, MD. Sunny southern exposure. Enjoy beautiful sunsets over the water. Boat, paddle board, canoe and wave runners can be included in your fun water adventures. Plus you can fish and crab. If you have wanted to build your dream home, this is the place. Don't wait...someone else might beat you to it. These waterfront lots rarely come on the market.

Last Agent to Sell the Property

Terri Moran

Coldwell Banker Realty Listed on: 11/02/2020

Coldwell Banker Realty

Last Buyer's Agent

Terri Moran

Coldwell Banker Realty Listed on: 11/02/2020

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,221

Lot Details

  • 0.84 Acre Lot
  • 193 Feet of Waterfront
  • Home fronts navigable water
  • Partially Wooded Lot
  • Property is zoned R-3

Property Views

  • River
  • Creek or Stream

Location

  • Flood Risk

Schools

  • Showell Elementary School
  • Stephen Decatur Middle School
  • Stephen Decatur High School

Utilities

  • Well Required
  • Septic Equal To The Number Of Bedrooms

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 05-013275

Community Details

Overview

  • No Home Owners Association
  • Piney Island I Subdivision

Recreation

  • Access to Tidal Water
  • Water Access
  • River Nearby
  • Riparian Grant
  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$3,221

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Waterfront lot #51 -- a calm and serene setting in lovely community of Piney Island with beautiful views of Shingle Landing Prong in Bishopville, MD. Sunny southern exposure. Enjoy beautiful sunsets over the water. Boat, paddle board, canoe and wave runners can be included in your fun water adventures. Plus you can fish and crab. If you have wanted to build your dream home, this is the place. Don't wait...someone else might beat you to it. These waterfront lots rarely come on the market.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 8.87
  • Street Number Modifier: 10810

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Black Top, Paved
  • View: Creek/Stream, River, Water
  • Water Access: Yes
  • Water Body Name: Shingle Landing Prong
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 193

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Septic = # Of Br
  • Water Source: Well Required
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: SHOWELL
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138066543
  • School District Source: Listing Agent
  • Elementary School: SHOWELL
  • High School: STEPHEN DECATUR
  • Middle Or Junior School: STEPHEN DECATUR

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 011
  • Lot Features: Partly Wooded, Stream/Creek
  • Lot Size Acres: 0.84
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 36629.00
  • Possible Use: Residential
  • Year Assessed: 2020
  • Zoning: R-3
  • Zoning Description: Residential
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5394445
  • Tax Annual Amount: 3221.00
  • Assessor Parcel Number: 05-013275
  • Tax Lot: 51
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/26/2021

Multi Family

  • Federal Flood Zone: AE
  • Waterfront Features: Riparian Grant

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
Mar 26, 2021
Sold by
Ward Ronald K and Ward Sidney
Bought by
Ferrel Lisa and Ferrel Mark
Seller's Agent
Terri Moran
Coldwell Banker Realty
Buyer's Agent
Terri Moran
Coldwell Banker Realty
List Price
$324,900
Sold Price
$275,000
Premium/Discount to List
-$49,900
-15.36%
Current Estimated Value
$1,157,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$882,004
Avg. Annual Appreciation
38.84%

Purchase Details

Closed on
Apr 16, 1997
Sold by
Burchett Golda M
Bought by
Ward Ronald K and Ward Sidney
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ferrel Lisa $275,000 Mid Atlantic Stlmt Svcs Llc
Ward Ronald K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrel Mark $555,000
Closed Ferrel Mark $555,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $275,000 -15.4% --
02/08/2021 02/08/21 Pending -- -- --
11/02/2020 11/02/20 For Sale $324,900 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,256 $946,767 $0 $0
2024 $8,256 $875,200 $350,600 $524,600
2023 $3,221 $336,600 $336,600 $0
2022 $3,207 $336,600 $336,600 $0
2021 $3,221 $336,600 $336,600 $0
2020 $3,027 $316,267 $0 $0
2019 $2,832 $295,933 $0 $0
2018 $2,598 $275,600 $275,600 $0
2017 $2,376 $263,267 $0 $0
2016 $2,428 $250,933 $0 $0
2015 $2,428 $238,600 $0 $0
2014 $2,428 $238,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWO118208

Bright MLS

APN: 05-013275