NOT LISTED FOR SALE

Estimated Value: $541,000 - $804,872

0.77 Acre
$901,582 Price per Acre
33,541 Sq Ft Lot

Last Sold October 07, 2022

Last sale price $62,500

Est. 1,011% increase in value since last sale

Current estimated payment $3,918/month

Highlights

  • Marina
  • Pier or Dock
  • Cul-De-Sac

About This Lot

As of October 2022

Don't miss your chance to buy this large builders lot in the gated community of Village Down River. The lot is located at the end of a cul-de-sac in a private setting. This neighborhood features a large community deep water marina, community septic, walking trails, community building and much more!

Last Agent to Sell the Property

Brandon Johnson

(410) 603-5087 brandon.johnson@era.com ERA Martin Associates License #649426 Listed on: 02/04/2020

ERA Martin Associates

Last Buyer's Agent

Richard Gilkerson

(443) 880-6055 joey@naicoastal.com NAI Coastal

NAI Coastal

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,436

Lot Details

  • 0.77 Acre Lot
  • Cul-De-Sac
  • Property is zoned R 20

HOA Fees

  • $166 Monthly HOA Fees

Utilities

  • Well
  • Well Permit on File
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 16-049581

Community Details

Overview

  • Village Down River HOA
  • Village Down River Subdivision

Recreation

  • Pier or Dock
  • Marina

Property Details

Property Type

Land

Est. Annual Taxes

$1,436

Lot Details

0

HOA Fees

$166 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Current Use: Residential
  • Federal Flood Zone: No
  • Remarks Public: Don't miss your chance to buy this large builders lot in the gated community of Village Down River. The lot is located at the end of a cul-de-sac in a private setting. This neighborhood features a large community deep water marina, community septic, walking trails, community building and much more!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 2.67
  • Street Number Modifier: 27494

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Well Permit On File, Well

Condo/Co-op/Association

  • HOA Fees: 1986.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pier/Dock, Marina/Marina Club
  • HOA Name: VILLAGE DOWN RIVER
  • HOA: Yes

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 0.77
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 33706.00
  • Possible Use: Residential
  • Year Assessed: 2021
  • Zoning: R 20
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5836738
  • Tax Annual Amount: 1436.00
  • Assessor Parcel Number: 16-049581
  • Tax Lot: 28
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/07/2022

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2020
Closed on
Oct 13, 2022
Sold by
Amber Ridge Ii Llc
Bought by
Hebron Savings Bank
Seller's Agent
Brandon Johnson
ERA Martin Associates
Buyer's Agent
Richard Gilkerson
NAI Coastal
List Price
$89,900
Sold Price
$62,500
Premium/Discount to List
-$27,400
-30.48%
Current Estimated Value
$694,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$631,718
Avg. Annual Appreciation
119.64%

Purchase Details

Closed on
Dec 16, 2016
Sold by
Richardson Paul F and Richardson Kimberly Ann
Bought by
Hebron Savings Bank

Purchase Details

Closed on
Jul 9, 2013
Sold by
Terra Firma Llc
Bought by
Richardson Paul F and Richardson Kimberly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage
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
Hebron Savings Bank $70,000 Nona Title
Hebron Savings Bank $159,656 None Available
Richardson Paul F $149,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richardson Paul F $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2022 10/07/22 Sold $62,500 -30.5% --
07/15/2022 07/15/22 Pending -- -- --
07/08/2022 07/08/22 Price Changed $89,900 0.0% --
07/08/2022 07/08/22 For Sale $89,900 -10.0% --
01/25/2021 01/25/21 Pending -- -- --
08/10/2020 08/10/20 For Sale $99,900 +59.8% --
08/07/2020 08/07/20 Off Market $62,500 -- --
07/24/2020 07/24/20 For Sale $99,900 0.0% --
06/29/2020 06/29/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $99,900 -- --
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 $1,335 $679,467 $0 $0
2024 $1,335 $139,200 $139,200 $0
2023 $1,376 $139,200 $139,200 $0
2022 $1,418 $139,200 $139,200 $0
2021 $1,423 $139,200 $139,200 $0
2020 $1,436 $139,200 $139,200 $0
2019 $1,457 $139,200 $139,200 $0
2018 $1,464 $139,200 $139,200 $0
2017 $1,402 $133,300 $0 $0
2016 -- $127,400 $0 $0
2015 $935 $121,500 $0 $0
2014 $935 $121,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC106898

Bright MLS

APN: 16-049581