NOT LISTED FOR SALE

25669 Bessicks Corner Rd Worton, MD 21678

Estimated Value: $1,437,432

185.88 Acres
$7,733 Price per Acre
8,096,933 Sq Ft Lot

Last Sold January 05, 2017

Last sale price $900,000 $366 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $7,865/month

About This Lot

As of January 2017

185 acres, 138 cropland, 130.8 tillable, 7.4 CRP. Beautiful farm overlooking Still Pond Creek and Mill Pond. Great waterfowl hunting, w/ 40 acres of woods for deer hunting. Farm is protected w/an agricultural easement with Eastern Shore Land Conservancy. Shed is 93x37 good shape. House little to no value. No co-broker commission shall be paid unless co-broke agent arranges & attends all showing

Last Agent to Sell the Property

John Fernwalt

Sassafras River Realty, Ltd. License #MRIS:10240 Listed on: 07/09/2015

Co-Listed By

David Leager

Sassafras River Realty, Ltd.

Last Buyer's Agent

Herschell Claggett

Davis Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,676

Lot Details

  • 185.88 Acre Lot
  • Property is zoned AZDRC

Utilities

  • Well
  • No Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1503008126

Property Details

Property Type

Land

Est. Annual Taxes

$3,676

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agriculture
  • New Construction: No
  • Remarks Public: 185 acres, 138 cropland, 130.8 tillable, 7.4 CRP. Beautiful farm overlooking Still Pond Creek and Mill Pond. Great waterfowl hunting, w/ 40 acres of woods for deer hunting. Farm is protected w/an agricultural easement with Eastern Shore Land Conservancy. Shed is 93x37 good shape. House little to no value. No co-broker commission shall be paid unless co-broke agent arranges & attends all showing
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 0.12
  • Street Number Modifier: 25669

Exterior Features

  • 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
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: KENT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139164602

Lot Info

  • Improvement Assessed Value: 80300.00
  • Lot Size Acres: 185.88
  • Lot Size Area: 8096933
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8096933.00
  • Possible Use: Agriculture
  • Year Assessed: 2015
  • Zoning: AZDRC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4502601
  • Tax Annual Amount: 3676.43
  • Assessor Parcel Number: 1503008126
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 01/05/2017

MLS Schools

  • School District Name: KENT COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2015
Closed on
Jan 5, 2017
Sold by
Fuchs William P and Fuchs Deborah P
Bought by
Fair Promise Farm Llc
Seller's Agent
John Fernwalt
Sassafras River Realty, Ltd.
Buyer's Agent
Herschell Claggett
Davis Real Estate, Inc.
List Price
$1,175,000
Sold Price
$900,000
Premium/Discount to List
-$275,000
-23.4%
Current Estimated Value
$1,437,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$537,432
Avg. Annual Appreciation
4.81%
Original Mortgage
$700,000
Outstanding Balance
$585,196
Interest Rate
4.03%
Mortgage Type
Commercial
Estimated Equity
$769,172

Purchase Details

Closed on
Feb 10, 2015
Sold by
Fuchs William P and Fuchs Deborah P
Bought by
Fuchs William P and Fuchs Deborah P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
3.66%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 7, 2010
Sold by
Fuchs William P and Fuchs Deborah
Bought by
Fuchs William P and Fuchs Deborah

Purchase Details

Closed on
Aug 4, 2009
Sold by
Fuchs William P and Fuchs Barry W
Bought by
Fuchs William P and Fuchs Barry W
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
Fair Promise Farm Llc $900,000 None Available
Fuchs William P -- None Available
Fuchs William P -- --
Fuchs William P -- --
Fuchs William P -- --
Fuchs William P $223,016 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fair Promise Farm Llc $700,000
Previous Owner Fuchs William P $73,841
Previous Owner Fuchs William P $221,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2017 01/05/17 Sold $900,000 -23.4% $366 / Sq Ft
11/27/2016 11/27/16 Pending -- -- --
07/09/2015 07/09/15 For Sale $1,175,000 -- $477 / Sq Ft
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 $2,482 $218,900 $218,900 $0
2024 $2,482 $218,900 $218,900 $0
2023 $2,482 $218,900 $218,900 $0
2022 $2,460 $218,900 $218,900 $0
2021 $2,900 $218,900 $218,900 $0
2020 $2,900 $250,433 $0 $0
2019 $2,900 $250,400 $243,900 $6,500
2018 $2,900 $250,400 $243,900 $6,500
2017 $2,900 $250,400 $0 $0
2016 -- $324,200 $0 $0
2015 $3,824 $324,200 $0 $0
2014 $3,824 $324,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000479377

Bright MLS

APN: 03-008126