$62,500
SOLD MAR 3, 2025
0.45 Acre
$138,889 Price per Acre
19,602 Sq Ft Lot

Recently Sold

22% Below List Price

945 Days on Market

Highlights

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

About This Lot

As of March 2025

LOT 20. 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. COA 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. 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

Pamela Price

RE/MAX Advantage Realty

RE/MAX Advantage Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $691

Lot Details

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

HOA Fees

  • $100 Monthly HOA Fees

Utilities

  • Well
  • Septic Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 2316049506

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
  • 1 Community Docks
  • Jogging Path
  • Water Access
  • River Nearby
  • Lake Privileges

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$691

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: No
  • Automatically Close On Close Date: No
  • Remarks Public: LOT 20. 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. COA 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. 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: 3.82
  • Street Number Modifier: 27395

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, Private 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: 0.45
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19608.00
  • 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: 691.00
  • Assessor Parcel Number: 2316049506
  • Tax Lot: 20
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 03/03/2025

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2020
Sold by
Terra Firma Llc
Bought by
Amber Ridge Ii Llc
Total Days on Market
945
Current Estimated Value
$63,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
5.09%
Mortgage Type
Credit Line Revolving
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 $862,500 Cockey Bremnan & Maloney Pc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 New Conventional
Previous Owner $862,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 Sold $62,500 -16.7% --
02/11/2025 02/11/25 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% --
07/21/2023 07/21/23 For Sale $79,900 +27.8% --
07/13/2023 07/13/23 Off Market $62,500 -- --
05/21/2023 05/21/23 Price Changed $79,900 -6.0% --
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 $773 $80,600 $80,600 $0
2023 $685 $69,267 $0 $0
2022 $590 $57,933 $0 $0
2021 $476 $46,600 $46,600 $0
2020 $481 $46,600 $46,600 $0
2019 $844 $80,600 $80,600 $0
2018 $908 $80,600 $80,600 $0
2017 $857 $80,600 $0 $0
2016 -- $80,600 $0 $0
2015 $752 $88,600 $0 $0
2014 $752 $88,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC2005960

Bright MLS

APN: 16-049506