NOT LISTED FOR SALE

Estimated Value: $495,000 - $632,746

0.66 Acre
$873,768 Price per Acre
28,750 Sq Ft Lot

Last Sold March 21, 2017

Last sale price $212,000

Est. 172% increase in value since last sale

Current estimated payment $3,397/month

Highlights

  • Single Slip
  • Water Access
  • Wooded Lot
  • Home fronts navigable water
  • River View
  • No HOA

About This Lot

As of March 2017

Premium direct waterfront lot on the Wicomico River! Largest waterfront lot in Village Down River with direct southwest view of the river. Lot comes with a deeded-deep water boat slip! Community pier and marina will add to enjoying the waterfront lifestyle! Gated community and rare opportunity to own a waterfront lot!

Last Agent to Sell the Property

Brandon Brittingham

(443) 783-3928 moorebrittingham@gmail.com EXP Realty, LLC License #623585 Listed on: 10/15/2016

EXP Realty, LLC

Last Buyer's Agent

Bradley Rayfield

(443) 880-5964 bradley.rayfield@cbmove.com Coldwell Banker Realty License #633057

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,468

Lot Details

  • 0.66 Acre Lot
  • Home fronts navigable water
  • Cleared Lot
  • Wooded Lot
  • Zoning described as R20

Schools

  • Fruitland Elementary School
  • Bennett Middle School
  • James M. Bennett High School

Utilities

  • Water Service Lateral Not Installed
  • Public Hookup Available For Sewer

Additional Features

  • River Views
  • Flood Risk

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 049433

Community Details

Overview

  • No Home Owners Association
  • Village Down River HOA
  • Village Down River Subdivision

Recreation

  • Water Access
  • River Nearby
  • Single Slip

Property Details

Property Type

Land

Est. Annual Taxes

$4,468

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Premium direct waterfront lot on the Wicomico River! Largest waterfront lot in Village Down River with direct southwest view of the river. Lot comes with a deeded-deep water boat slip! Community pier and marina will add to enjoying the waterfront lifestyle! Gated community and rare opportunity to own a waterfront lot!
  • Special Features: None

Interior Features

  • Street Number Modifier: 27355

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • HOA Name: VILLAGE DOWN RIVER
  • HOA: No

Schools

  • School District: WICOMICO COUNTY PUBLIC SCHOOLS
  • Elementary School: FRUITLAND
  • Middle School: BENNETT
  • 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: FRUITLAND
  • High School: JAMES M. BENNETT
  • Middle Or Junior School: BENNETT

Lot Info

  • Lot Features: Cleared, Trees/Wooded
  • Lot Size Acres: 0.66
  • Possible Use: Residential
  • Zoning Description: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5836724
  • Assessor Parcel Number: 049433
  • Tax Lot: 14
  • County Tax Payment Frequency: Annually
  • Close Date: 03/21/2017

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2016
Closed on
Mar 21, 2017
Sold by
Pellegrino Christopher J
Bought by
Gaskill Gary T and Gaskill Eve M
Seller's Agent
Brandon Brittingham
EXP Realty, LLC
Buyer's Agent
Bradley Rayfield
Coldwell Banker Realty
List Price
$235,000
Sold Price
$212,000
Premium/Discount to List
-$23,000
-9.79%
Current Estimated Value
$576,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,687
Avg. Annual Appreciation
12.34%
Original Mortgage
$500,400
Outstanding Balance
$418,183
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$158,504

Purchase Details

Closed on
Dec 30, 2014
Sold by
Mccain Willliam R and Mccain Teresa B
Bought by
Pellegrino Christopher J

Purchase Details

Closed on
Jun 30, 2009
Sold by
Terra Firma Llc
Bought by
Mccain William E and Mccain Teresa B
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
Gaskill Gary T $212,000 None Available
Pellegrino Christopher J $230,000 Coastal Title & Escrow
Mccain William E $399,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaskill Gary T $500,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2017 03/21/17 Sold $212,000 -9.8% --
02/20/2017 02/20/17 Pending -- -- --
10/15/2016 10/15/16 For Sale $235,000 -- --
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 $4,468 $486,100 $0 $0
2024 $4,468 $466,000 $185,900 $280,100
2023 $4,515 $452,633 $0 $0
2022 $4,476 $439,267 $0 $0
2021 $4,354 $425,900 $185,900 $240,000
2020 $4,336 $420,433 $0 $0
2019 $4,343 $414,967 $0 $0
2018 $4,307 $409,500 $185,900 $223,600
2017 $1,850 $175,900 $0 $0
2016 $1,909 $175,900 $0 $0
2015 $1,909 $191,900 $0 $0
2014 $1,909 $191,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001177324

Bright MLS

APN: 16-049433