NOT LISTED FOR SALE

27485 Mooring Way Salisbury, MD 21801

South Salisbury Neighborhood

Estimated Value: $100,000 - $295,000

0.45 Acre
$368,149 Price per Acre
19,602 Sq Ft Lot

Last Sold December 15, 2022

Last sale price $90,000

Est. 84% increase in value since last sale

Current estimated payment $1,066/month

155 Days on Market

Highlights

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

About This Lot

As of December 2022

LOT 25. 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. Owner is licensed realtor in the state of Maryland; agent has financial interest. Home/Lot Packages available. A few boatslips available. Sellers do not split transfer/recordation taxes and fees.

Last Agent to Sell the Property

Brandon Brittingham

(443) 783-3928 moorebrittingham@gmail.com EXP Realty, LLC License #623585 Listed on: 07/12/2022

EXP Realty, LLC

Last Buyer's Agent

Richard Barr

(410) 430-5095 richard.barr@lnf.com EXP Realty, LLC

EXP Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $896

Lot Details

  • 0.45 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 25
  • Assessor Parcel Number 2316049557

Community Details

Overview

  • Association fees include common area maintenance, security gate, pier/dock maintenance, recreation facility
  • $13 Other Monthly Fees
  • Condo Phone (410) 251-2582
  • 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

$896

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
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 4.36

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
  • Condo Co-Op Phone: 410-251-2582
  • 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

Fee Information

  • Other Fees: 12.75
  • Other Fees Frequency: Monthly

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.45
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19504.00
  • Possible Use: Residential
  • Zoning: R 20
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5836735
  • Tax Annual Amount: 896.00
  • Assessor Parcel Number: 2316049557
  • Tax Lot: 25
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2022

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

Closed on
Jun 30, 2020
Sold by
Terra Firma Llc
Bought by
Amber Ridge Ii Llc
Current Estimated Value
$165,667

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Amber Ridge Ii Llc $862,500 Cockey Bremnan & Maloney Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amber Ridge Ii Llc $900,000
Previous Owner Amber Ridge Ii Llc $862,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2022 12/15/22 Sold $90,000 +5.9% --
12/14/2022 12/14/22 Pending -- -- --
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
2025 $1,137 $90,600 $90,600 $0
2024 $1,137 $118,600 $118,600 $0
2023 $1,030 $103,267 $0 $0
2022 $896 $87,933 $0 $0
2021 $742 $72,600 $72,600 $0
2020 $749 $72,600 $72,600 $0
2019 $1,241 $118,600 $118,600 $0
2018 $1,394 $118,600 $118,600 $0
2017 $1,223 $126,800 $0 $0
2016 -- $115,000 $0 $0
2015 $933 $103,200 $0 $0
2014 $933 $103,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brandon Brittingham

    Seller's Agent in 2022

    Brandon Brittingham

    EXP Realty, LLC

    (443) 783-3928

    151 in this area

    832 Total Sales

    Brandon Brittingham
    Section Image
  • Richard Barr

    Buyer's Agent in 2022

    Richard Barr

    EXP Realty, LLC

    (410) 430-5095

    38 in this area

    221 Total Sales

    Richard Barr
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWC2005964

Bright MLS

APN: 16-049557

Maryland Wicomico County Salisbury 21801 South Salisbury

27485 Mooring Way, Salisbury, MD

Not Listed for Sale

Lots

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