NOT LISTED FOR SALE

27740 Ocean Gateway Hebron, MD 21830

North Salisbury Neighborhood

Estimated Value: $259,000 - $346,015

27.67 Acres
$10,933 Price per Acre
1,205,305 Sq Ft Lot

Last Sold June 07, 2022

Last sale price $300,000

Est. 1% increase in value since last sale

Current estimated payment $1,615/month

About This Lot

As of June 2022

This property is on Rt. 50 West in Hebron located before the Rockawalkin Rd. exit. Listing has 2 entrances to Rt.50. It is presently in Agricultural but has many potential opportunities.

Last Agent to Sell the Property

J.V. Wells

jvwells1@remax.net RE/MAX Advantage Realty Listed on: 04/02/2020

Last Buyer's Agent

Rick Tilghman

(443) 366-2675 rick.tilghman@svn.com SVN |Miller Commercial Real Estate

SVN |Miller Commercial Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $365

Lot Details

  • 27.67 Acre Lot
  • Property is zoned AGRICULTURAL

Schools

  • Westside Elementary School
  • Salisbury Middle School
  • James M. Bennett High School

Utilities

  • Approved Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 15-003405

Property Details

Property Type

Land

Est. Annual Taxes

$365

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Agriculture
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.42

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: Approved System
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: WESTSIDE
  • High School: JAMES M. BENNETT
  • Middle Or Junior School: SALISBURY

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 27.67
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1205305.20
  • Zoning: AGRICULTURAL
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5365736
  • Tax Annual Amount: 365.00
  • Assessor Parcel Number: 15-003405
  • Tax Year: 2019

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2020
Closed on
Jun 23, 2022
Sold by
Winks Properties Llc
Bought by
Tilghman Markets Llc
Seller's Agent
J.V. Wells
RE/MAX Advantage Realty
Buyer's Agent
Rick Tilghman
SVN |Miller Commercial Real Estate
List Price
$511,900
Sold Price
$300,000
Premium/Discount to List
-$211,900
-41.39%
Current Estimated Value
$302,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,508
Avg. Annual Appreciation
0.25%
Original Mortgage
$230,000
Outstanding Balance
$218,808
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$83,700

Purchase Details

Closed on
Jun 22, 2014
Sold by
Handy Mamie
Bought by
Winks Properties Llc
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
Tilghman Markets Llc $300,000 None Listed On Document
Winks Properties Llc $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tilghman Markets Llc $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2022 06/07/22 Sold $300,000 -41.4% --
04/22/2022 04/22/22 Pending -- -- --
05/01/2021 05/01/21 For Sale $511,900 +70.6% --
04/30/2021 04/30/21 Off Market $300,000 -- --
04/08/2021 04/08/21 For Sale $511,900 +70.6% --
04/02/2021 04/02/21 Off Market $300,000 -- --
04/03/2020 04/03/20 Price Changed $511,900 +3.6% --
04/02/2020 04/02/20 For Sale $493,900 -- --
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 $332 $34,600 $34,600 $0
2024 $332 $34,600 $34,600 $0
2023 $342 $34,600 $34,600 $0
2022 $353 $34,600 $34,600 $0
2021 $354 $34,600 $34,600 $0
2020 $357 $34,600 $34,600 $0
2019 $362 $34,600 $34,600 $0
2018 $424 $34,600 $34,600 $0
2017 $368 $34,600 $0 $0
2016 -- $34,600 $0 $0
2015 $592 $34,600 $0 $0
2014 $592 $39,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J.V. Wells

    Seller's Agent in 2022

    J.V. Wells

    RE/MAX

    2 in this area

    38 Total Sales

    J.V. Wells
    Section Image
  • Rick Tilghman

    Buyer's Agent in 2022

    Rick Tilghman

    SVN |Miller Commercial Real Estate

    (443) 366-2675

    4 in this area

    10 Total Sales

    Rick Tilghman
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDWC107652

Bright MLS

APN: 15-003405

Maryland Wicomico County Hebron 21801 North Salisbury

27740 Ocean Gateway, Hebron, MD

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