$72,000
SOLD AUG 29, 2024
0.31 Acre
$232,258 Price per Acre
13,504 Sq Ft Lot

Recently Sold

15% Below List Price

772 Days on Market

Highlights

  • Boat Dock
  • Water Access
  • Lake Privileges
  • Home fronts navigable water
  • Gated Community
  • Jogging Path

About This Lot

As of August 2024

LOT 40. Build your dream home in the gated, waterfront community of Village Down River, sited on the Wicomico River, designed to coexist with the natural environment. NO Builder Tie-In! Enjoy the - community dock, boardwalk, hiking trails through forest and wetlands, the historically, renovated White Hall Plantation House for neighborhood gatherings, tucked away just minutes from shopping, dining, entertainment, and medical facilities in Downtown Salisbury; a quick trip to the bypass, but in your quiet neighborhood of lovely, diversely-customized homes. HOA dues - Lot: $300/Q or $1200/yr, Home: $486/Q or $1944/yr; SRF fee [SRF = sewer replacement fund, which is mandated by the county, is assessed to each lot every year]: $153/yr; Boat slip owners: $100/yr; Capital Contribution: $150. Sizes, taxes approximate. Sellers do not split transfer/recordation taxes and fees. Owner is licensed realtor in the state of Maryland; agent has financial interest. Home/Lot Packages available.

Last Agent to Sell the Property

Brandon Brittingham

EXP Realty, LLC License #623585 Listed on: 07/12/2022

EXP Realty, LLC

Last Buyer's Agent

William Brown

EXP Realty, LLC

EXP Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $670

Lot Details

  • 0.31 Acre Lot
  • Home fronts navigable water
  • Property is zoned R 20

HOA Fees

  • $100 Monthly HOA Fees

Location

  • Flood Risk

Utilities

  • Well
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 2316049727

Community Details

Overview

  • Association fees include common area maintenance, security gate, pier/dock maintenance, recreation facility
  • Village Down River Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Recreation Room

Recreation

  • Boat Dock
  • Pier or Dock
  • Jogging Path
  • Water Access
  • River Nearby
  • Lake Privileges

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$670

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Federal Flood Zone: Yes
  • Remarks Public: LOT 40. Build your dream home in the gated, waterfront community of Village Down River, sited on the Wicomico River, designed to coexist with the natural environment. NO Builder Tie-In! Enjoy the - community dock, boardwalk, hiking trails through forest and wetlands, the historically, renovated White Hall Plantation House for neighborhood gatherings, tucked away just minutes from shopping, dining, entertainment, and medical facilities in Downtown Salisbury; a quick trip to the bypass, but in your quiet neighborhood of lovely, diversely-customized homes. HOA dues - Lot: $300/Q or $1200/yr, Home: $486/Q or $1944/yr; SRF fee [SRF = sewer replacement fund, which is mandated by the county, is assessed to each lot every year]: $153/yr; Boat slip owners: $100/yr; Capital Contribution: $150. Sizes, taxes approximate. Sellers do not split transfer/recordation taxes and fees. Owner is licensed realtor in the state of Maryland; agent has financial interest. Home/Lot Packages available.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 5.64
  • Street Number Modifier: 27392

Exterior Features

  • Construction Completed: No
  • Water Access: Yes
  • Water Body Name: Wicomico River
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Community Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 300.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Common Grounds, Gated Community, Jog/Walk Path, Picnic Area, Pier/Dock, Recreational Center, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Security Gate, Pier/Dock Maintenance, Recreation Facility
  • HOA: No

Schools

  • School District: WICOMICO COUNTY PUBLIC SCHOOLS
  • School District Key: 121138751831
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: R
  • Lot Size Acres: 0.31
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13291.00
  • Year Assessed: 2023
  • Zoning: R 20
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 670.00
  • Assessor Parcel Number: 2316049727
  • Tax Lot: 40
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 08/29/2024

Multi Family

  • Federal Flood Zone: ae

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Aug 29, 2024
Sold by
Amber Ridge Ii Llc
Bought by
Affayroux Ronald W and Bishop Betsy G
Seller's Agent
Brandon Brittingham
EXP Realty, LLC
Buyer's Agent
William Brown
EXP Realty, LLC
List Price
$85,000
Sold Price
$72,000
Premium/Discount to List
-$13,000
-15.29%
Total Days on Market
772
Views
619
Current Estimated Value
$75,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,425
Avg. Annual Appreciation
6.06%

Purchase Details

Closed on
Jun 30, 2020
Sold by
Terra Firma Llc
Bought by
Amber Ridge Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.09%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $72,000 Sage Title
Deed $862,500 Cockey Bremnan & Maloney Pc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $900,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Sold $72,000 -4.0% --
08/22/2024 08/22/24 Pending -- -- --
09/05/2023 09/05/23 Price Changed $74,990 -3.2% --
08/17/2023 08/17/23 Price Changed $77,490 -3.0% --
05/21/2023 05/21/23 Price Changed $79,900 -0.1% --
05/21/2023 05/21/23 Price Changed $79,990 -5.9% --
07/12/2022 07/12/22 For Sale $85,000 -- --
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
2024 $753 $78,500 $78,500 $0
2023 $670 $67,167 $0 $0
2022 $569 $55,833 $0 $0
2021 $455 $44,500 $44,500 $0
2020 $459 $44,500 $44,500 $0
2019 $822 $78,500 $78,500 $0
2018 $886 $78,500 $78,500 $0
2017 $835 $78,500 $0 $0
2016 -- $78,500 $0 $0
2015 $747 $86,500 $0 $0
2014 $747 $86,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC2005972

Bright MLS

APN: 16-049727