NOT LISTED FOR SALE

25614 Ocean Gateway Mardela Springs, MD 21837

Estimated Value: $64,000 - $79,000

2 Acres
$36,334 Price per Acre
87,120 Sq Ft Lot

Last Sold October 18, 2021

Last sale price $49,950

Est. 45% increase in value since last sale

Current estimated payment $408/month

About This Lot

As of October 2021

This 2 Acre lot is available in the Mardela School District. The perk is in the process of being updated and should be available very shortly. Nothing to do as far as clearing off, ready to build on. Located just past Howard Sand and Gravel on the right hand side.

Last Agent to Sell the Property

Dana Wells

RE/MAX Advantage Realty License #RS-0024554 Listed on: 10/14/2020

RE/MAX Advantage Realty

Co-Listed By

J.V. Wells

RE/MAX Advantage Realty

Last Buyer's Agent

Holly Campbell

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $309

Lot Details

  • 2 Acre Lot
  • Property is zoned ARR

Schools

  • Northwestern Elementary School
  • Mardela Middle & High School

Utilities

  • No Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01-006096

Property Details

Property Type

Land

Est. Annual Taxes

$309

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Agriculture
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: This 2 Acre lot is available in the Mardela School District. The perk is in the process of being updated and should be available very shortly. Nothing to do as far as clearing off, ready to build on. Located just past Howard Sand and Gravel on the right hand side.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.57
  • Street Number Modifier: 25614

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: No Septic System

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WICOMICO COUNTY PUBLIC SCHOOLS
  • Elementary School: NORTHWESTERN
  • Middle School: MARDELA MIDDLE & HIGH SCHOOL
  • Elementary School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138751831
  • School District Source: 3rd Party
  • Elementary School: NORTHWESTERN
  • Middle Or Junior School: MARDELA MIDDLE & HIGH SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 2.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Year Assessed: 2021
  • Zoning: ARR
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5325479
  • Tax Annual Amount: 309.00
  • Assessor Parcel Number: 01-006096
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/18/2021

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Oct 15, 2021
Sold by
Matyiko Jerry
Bought by
Bacd Llc
Seller's Agent
Dana Wells
RE/MAX Advantage Realty
Buyer's Agent
Holly Campbell
Coldwell Banker Realty
List Price
$49,950
Sold Price
$49,950
Current Estimated Value
$72,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,717
Avg. Annual Appreciation
8.19%

Purchase Details

Listed on
Mar 17, 2013
Closed on
Mar 9, 2015
Sold by
Howard Sand & Gravel Inc
Bought by
Matyiko Jerry
Seller's Agent
J.V. Wells
RE/MAX Advantage Realty
Buyer's Agent
J.V. Wells
RE/MAX Advantage Realty
List Price
$38,500
Sold Price
$31,043
Premium/Discount to List
-$7,457
-19.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bacd Llc $49,950 Real Estate Title & Escrow
Matyiko Jerry $31,043 Coastal Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bacd Llc $334,839
Closed Bacd Llc $201,893
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold $49,950 0.0% --
08/03/2021 08/03/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $49,950 0.0% --
04/15/2021 04/15/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $49,950 0.0% --
03/16/2021 03/16/21 Off Market $49,950 -- --
10/14/2020 10/14/20 For Sale $49,950 +60.9% --
04/02/2016 04/02/16 Pending -- -- --
03/09/2015 03/09/15 Sold $31,043 -19.4% --
03/20/2013 03/20/13 For Sale $38,500 -- --
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 $254 $25,500 $25,500 $0
2024 $254 $25,500 $25,500 $0
2023 $307 $30,000 $30,000 $0
2022 $316 $30,000 $30,000 $0
2021 $318 $30,000 $30,000 $0
2020 $319 $30,000 $30,000 $0
2019 $314 $30,000 $30,000 $0
2018 $376 $30,000 $30,000 $0
2017 $324 $30,000 $0 $0
2016 -- $29,500 $0 $0
2015 $272 $29,000 $0 $0
2014 $272 $28,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dana Wells

    Seller's Agent in 2021

    Dana Wells

    RE/MAX

    (410) 726-0929

    9 in this area

    66 Total Sales

    Dana Wells
    Section Image
  • J.V. Wells

    Seller Co-Listing Agent in 2021

    J.V. Wells

    RE/MAX

    6 in this area

    38 Total Sales

    J.V. Wells
    Section Image
  • Holly Campbell

    Buyer's Agent in 2021

    Holly Campbell

    Coldwell Banker Realty

    (443) 859-3090

    3 in this area

    101 Total Sales

    Holly Campbell
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWC110276

Bright MLS

APN: 01-006096

Maryland Wicomico County Mardela Springs 21837

25614 Ocean Gateway, Mardela Springs, MD

This home is located at 25614 Ocean Gateway, Mardela Springs, MD 21837 since 14 October 2020 and is currently estimated at $72,667. 25614 Ocean Gateway is a home located in Wicomico County with nearby schools including Northwestern Elementary School, Mardela Middle/High School, and Barren Creek Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes