NOT LISTED FOR SALE

Estimated Value: $483,000 - $662,000

3 Beds
3.5 Baths
2,472 Sq Ft
$240/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $430,000 $174 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,587/month

Highlights

  • Boat Dock
  • Contemporary Architecture
  • Upgraded Countertops
  • New Construction
  • Main Floor Bedroom
  • Community Center

About This Home

As of March 2020

Welcome to the Village Down River a rare and highly sought after waterfront gated community on the Wicomico River. Stunning New Construction by a local well know builder on this contemporary 3 bedroom/3.5 bath home. The first floor offers great room with a vaulted ceiling, gas fireplace and built-ins. An efficient kitchen with stainless steel appliances flows to the formal dining room. The master bedroom features his and her walk-in closets, garden tub/shower, and two vanity sinks. The second level features two bedrooms, one w/bathroom and full hall bath. A forth area as den/flex space or bedroom. Above the garage find a bonus room with plenty of natural light coming in from dormer windows for an additional guest suite, unlimited possibilities. Community Amenities include 100 acres of open space with walking trails, pier, boardwalk /boat slips and community building. Just minutes away an entertaining, dining/shopping district as well as Peninsula Regional Medical Center and Salisbury State University. Local area beaches, state/federal parks, Wallops Island, a short 30 mile ride. Inquire for additional lot/home packages available.

Last Agent to Sell the Property

Melissa Burns

(443) 366-6389 mlbrealtor@gmail.com Long & Foster Real Estate, Inc. License #629203 Listed on: 07/22/2019

Long & Foster Real Estate, Inc.

Co-Listed By

Stephen Pusey

(443) 978-3330 steve@thevillagedownriver.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Sally Todd Stout

(410) 726-3506 sallytoddrealtor@yahoo.com Berkshire Hathaway HomeServices PenFed Realty - OP License #611601

Berkshire Hathaway HomeServices PenFed Realty - OP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $891

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.43 Acre Lot
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned R 20

HOA Fees

  • $162 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Front Facing Garage

Home Design

  • Contemporary Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • Property has 2 Levels
  • Gas Fireplace
  • Window Screens
  • Carpet
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Nitrogen Removal System

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 665
  • Assessor Parcel Number 16-049522

Community Details

Overview

  • $13 Other Monthly Fees
  • $200 Capital Contribution Fee
  • Village Down River Council Of Unit Owners HOA
  • Village Down River Subdivision

Amenities

  • Community Center

Recreation

  • Boat Dock
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$891

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$162 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2019
  • Remarks Public: Welcome to the Village Down River a rare and highly sought after waterfront gated community on the Wicomico River. Stunning New Construction by a local well know builder on this contemporary 3 bedroom/3.5 bath home. The first floor offers great room with a vaulted ceiling, gas fireplace and built-ins. An efficient kitchen with stainless steel appliances flows to the formal dining room. The master bedroom features his and her walk-in closets, garden tub/shower, and two vanity sinks. The second level features two bedrooms, one w/bathroom and full hall bath. A forth area as den/flex space or bedroom. Above the garage find a bonus room with plenty of natural light coming in from dormer windows for an additional guest suite, unlimited possibilities. Community Amenities include 100 acres of open space with walking trails, pier, boardwalk /boat slips and community building. Just minutes away an entertaining, dining/shopping district as well as Peninsula Regional Medical Center and Salisbury State University. Local area beaches, state/federal parks, Wallops Island, a short 30 mile ride. Inquire for additional lot/home packages available.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Icemaker, Microwave, Oven/Range - Electric, Washer
  • Flooring Type: Carpet
  • Interior Amenities: Entry Level Bedroom, Walk-In Closet(s), Upgraded Countertops, Sprinkler System
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2772
  • Living Area Sq Ft: 2472
  • Price Per Sq Ft: 176.98
  • Above Grade Finished Sq Ft: 2472
  • Above Grade Unfinished Sq Ft: 300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 27447

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stick Built, Vinyl Siding
  • Construction Completed: No
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Nitrogen Removal System
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 486.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tot Lots/Playground, Boat Dock/Slip, Community Center
  • HOA Name: VILLAGE DOWN RIVER COUNCIL OF UNIT OWNERS
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Other Fees: 153.00
  • Other Fees Frequency: Annually
  • Capital Contribution Fee: 200.00

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Size Acres: 0.43
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18720.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R 20
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 5836732
  • Tax Annual Amount: 891.00
  • Assessor Parcel Number: 16-049522
  • Tax Lot: 665
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 03/31/2020

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Mar 30, 2020
Sold by
G & G Property Group Llc
Bought by
Terra Firma Llc
Seller's Agent
Melissa Burns
Long & Foster Real Estate, Inc.
Buyer's Agent
Sally Todd Stout
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%
Current Estimated Value
$594,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,243
Avg. Annual Appreciation
5.97%
Original Mortgage
$440,000
Outstanding Balance
$389,565
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$204,678
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
Terra Firma Llc $440,000 Mid Atlantic Title & Eszcrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terra Firma Llc $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2020 03/31/20 Sold $430,000 -1.7% $174 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
09/11/2019 09/11/19 Price Changed $437,500 +2.9% $177 / Sq Ft
07/22/2019 07/22/19 For Sale $425,000 -- $172 / 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 $3,701 $458,267 $0 $0
2024 $3,701 $436,200 $95,100 $341,100
2023 $3,611 $400,033 $0 $0
2022 $3,525 $363,867 $0 $0
2021 $3,349 $327,700 $95,100 $232,600
2020 $3,347 $324,567 $0 $0
2019 $891 $85,100 $85,100 $0
2018 $955 $85,100 $85,100 $0
2017 $905 $85,100 $0 $0
2016 -- $85,100 $0 $0
2015 $751 $93,100 $0 $0
2014 $751 $93,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWC104250

Bright MLS

APN: 16-049522