NOT LISTED FOR SALE

21311 Bivalve Lodge Rd Bivalve, MD 21814

Estimated Value: $58,000 - $110,000

35.6 Acres
$2,360 Price per Acre
1,550,736 Sq Ft Lot

Last Sold July 09, 2018

Last sale price $110,000

Est. 24% decrease in value since last sale

Current estimated payment $478/month

Highlights

  • Marina
  • Pond View
  • 35.6 Acre Lot
  • Boat Ramp
  • Waterfront
  • Wooded Lot

About This Lot

As of July 2018

Eastern Shore hunting and recreational playground. 35.6 +/- acres in Bivalve, with tremendous potential. Sprawling across 5 contiguous parcels, the Bivalve Lodge tract yields great opportunities in hunting, camping, shooting, and as a home-site.The property includes a 40x30 pole barn with a loft, bar and generator, a fenced-in 6 bay 54x16 lean-to w/ new electric, a 1/2 acre pond and 6+ blinds and stands that come with the property. There was an old house which has been taken down, but a septic and well remain. Build your dream home on the pond! The property has an excellent trail system and established lanes for easy access and ''huntibility''. Close access to boat ramps, public hunting lands, Boonies & Red Roost. Video: youtube.com/watch?v=qbz43SLK

Last Agent to Sell the Property

Tom Ruch

(443) 235-1347 tomruch@northroprealty.com Northrop Realty License #RS-0025135 Listed on: 05/08/2017

Northrop Realty

Last Buyer's Agent

Jay Phillips

(410) 726-8631 jay@phillipscoastalgroup.com Holiday Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,000

Lot Details

  • 35.6 Acre Lot
  • Waterfront
  • Cleared Lot
  • Wooded Lot
  • Property is zoned A1, AG & RES

Property Views

  • Pond Views

Schools

  • Westside Elementary School
  • Salisbury Middle School
  • James M. Bennett High School

Utilities

  • Well
  • On Site Septic
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 247
  • Assessor Parcel Number 010494

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Ramp
  • Pier or Dock
  • Marina
  • Water Access
  • Property is near a lake

Property Details

Property Type

Land

Est. Annual Taxes

$1,000

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Current Use: Agriculture, Residential, Timber
  • Historic: No
  • New Construction: No
  • Remarks Public: Eastern Shore hunting and recreational playground. 35.6 +/- acres in Bivalve, with tremendous potential. Sprawling across 5 contiguous parcels, the Bivalve Lodge tract yields great opportunities in hunting, camping, shooting, and as a home-site.The property includes a 40x30 pole barn with a loft, bar and generator, a fenced-in 6 bay 54x16 lean-to w/ new electric, a 1/2 acre pond and 6+ blinds and stands that come with the property. There was an old house which has been taken down, but a septic and well remain. Build your dream home on the pond! The property has an excellent trail system and established lanes for easy access and ''huntibility''. Close access to boat ramps, public hunting lands, Boonies & Red Roost. Video: youtube.com/watch?v=qbz43SLK
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.10
  • Street Number Modifier: 21311

Exterior Features

  • Construction Completed: No
  • View: Pond, Water
  • Water Access: Yes
  • Water Body Type: Lake
  • Water Frontage Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: On Site Septic, No Sewer System
  • Water Source: Well

Condo/Co-op/Association

  • HOA Condo Co-Op Amenities: Boat Ramp, Pier/Dock, Marina/Marina Club
  • HOA: No

Schools

  • School District: WICOMICO COUNTY PUBLIC SCHOOLS
  • Elementary School: WESTSIDE
  • Middle School: SALISBURY
  • High School: JAMES M. BENNETT
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138751831
  • Elementary School: WESTSIDE
  • High School: JAMES M. BENNETT
  • Middle Or Junior School: SALISBURY

Lot Info

  • Additional Parcels: No
  • Lot Features: Cleared, Trees/Wooded
  • Lot Size Acres: 35.60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1550736.00
  • Possible Use: Agriculture
  • Zoning: A1
  • Zoning Description: AG & RES
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5358953
  • Tax Annual Amount: 1000.00
  • Assessor Parcel Number: 010494
  • Tax Lot: 247
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 07/09/2018

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2017
Closed on
Jul 9, 2018
Sold by
Harrison Shawn and Harrison Laura
Bought by
Lucas James Martin and Lucas Donna Pastor
Seller's Agent
Tom Ruch
Northrop Realty
Buyer's Agent
Jay Phillips
Holiday Real Estate
List Price
$175,000
Sold Price
$110,000
Premium/Discount to List
-$65,000
-37.14%
Current Estimated Value
$84,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,000
Avg. Annual Appreciation
-3.65%
Original Mortgage
$88,000
Outstanding Balance
$76,265
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$7,735

Purchase Details

Closed on
Nov 15, 2014
Sold by
Taylor Earl T
Bought by
Harrison Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Lucas James Martin $88,000 Ocean Investments Title Corp
Harrison Shawn $50,000 Coastal Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucas James Martin $88,000
Previous Owner Harrison Shawn $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2018 07/09/18 Sold $110,000 0.0% --
05/14/2018 05/14/18 Pending -- -- --
05/09/2018 05/09/18 Off Market $110,000 -- --
02/27/2018 02/27/18 Price Changed $150,000 -14.3% --
05/08/2017 05/08/17 For Sale $175,000 -- --
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 $377 $39,300 $39,300 $0
2024 $377 $39,300 $39,300 $0
2023 $389 $39,300 $39,300 $0
2022 $400 $39,300 $39,300 $0
2021 $402 $39,300 $39,300 $0
2020 $405 $39,300 $39,300 $0
2019 $367 $35,067 $0 $0
2018 $340 $30,833 $0 $0
2017 $255 $26,600 $0 $0
2016 -- $23,933 $0 $0
2015 $224 $21,267 $0 $0
2014 $224 $18,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001564128

Bright MLS

APN: 12-010494