NOT LISTED FOR SALE

Estimated Value: $55,000 - $245,000

0.05 Acre
$3,580,000 Price per Acre
2,250 Sq Ft Lot

Last Sold August 12, 2022

Last sale price $6,000

Est. 2,883% increase in value since last sale

Current estimated payment $936/month

131 Days on Market

About This Lot

As of August 2022

Looking for a smaller lot and minimal yard work? This lot is the perfect one for you! Take advantage of the City of Salisbury’s ‘Home is Here’ Housing Incentive Expansion program to get your building connection fees, site, water/sewer and building permit fees waived! Call for additional information about this building program. Be sure to act quick!! This incentive only lasts until February 28th, 2022.

Last Agent to Sell the Property

Aubrey Campbell

(410) 677-0909 lwbunting@comcast.net Keller Williams Realty Delmarva License #5005561 Listed on: 02/03/2022

Keller Williams Realty Delmarva

Co-Listed By

Bret Davis

(410) 677-0909 lwbunting@comcast.net Keller Williams Realty Delmarva

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Property Type

  • Land

Lot Details

  • 2,250 Sq Ft Lot
  • Cleared Lot
  • Property is zoned R5

Schools

  • Wicomico High School

Utilities

  • Water Service Lateral Not Installed
  • Lateral or Tap Off Main

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 017610

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Historic: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 4.44

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Lateral/Tap Off Main
  • Water Source: Lateral Not Installed/Must Tap Off Main, Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent
  • High School: WICOMICO

Lot Info

  • Additional Parcels: No
  • Lot Features: Cleared
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2250.00
  • Possible Use: Residential
  • Zoning: R5
  • Zoning Description: Residential
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 26.13
  • Assessor Parcel Number: 017610
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Aug 12, 2022
Sold by
City Of Salisbury
Bought by
Young Investment Group Llc
Seller's Agent
Aubrey Campbell
Keller Williams Realty Delmarva
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$10,000
Sold Price
$6,000
Premium/Discount to List
-$4,000
-40%
Current Estimated Value
$179,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,000
Avg. Annual Appreciation
167.58%

Purchase Details

Closed on
Mar 11, 2016
Sold by
Johnson Ray J and Johnson Sylvester
Bought by
City Of Salisbury

Purchase Details

Closed on
Jan 7, 2016
Sold by
Johnson Ray J and Johnson Sylvester
Bought by
City Of Salisbury

Purchase Details

Closed on
Jan 23, 2007
Sold by
Phillips Paul A and Phillips Eva L
Bought by
Property Asset Management Inc

Purchase Details

Closed on
Dec 19, 2006
Sold by
Phillips Paul A and Phillips Eva L
Bought by
Property Asset Management Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Young Investment Group Llc $6,000 Montemuro Paul R
Young Investment Group Llc $6,000 None Listed On Document
City Of Salisbury -- Attorney
City Of Salisbury $8,901 Attorney
Property Asset Management Inc $23,000 --
Johnson Ray J $12,000 --
Property Asset Management Inc $23,000 --
Johnson Ray J $12,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2022 08/12/22 Sold $6,000 -40.0% --
06/14/2022 06/14/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $10,000 -- --
Source: Bright MLS

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 $60 $6,600 $6,600 $0
2024 $63 $6,600 $6,600 $0
2023 $66 $6,600 $6,600 $0
2022 $67 $6,600 $6,600 $0
2021 $0 $6,600 $6,600 $0
2020 $0 $6,600 $6,600 $0
2019 $69 $6,600 $6,600 $0
2018 $194 $6,600 $6,600 $0
2017 $20 $6,600 $0 $0
2016 -- $6,600 $0 $0
2015 $164 $6,600 $0 $0
2014 $164 $6,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC2003392

Bright MLS

APN: 05-017610