NOT LISTED FOR SALE

27740 Ocean Gateway Hebron, MD 21830

North Salisbury Neighborhood

Estimated Value: $263,000 - $343,273

27.67 Acres
$10,955 Price per Acre
1,205,305 Sq Ft Lot

Sale Details

Date Sold: June 7, 2022

Last sale price $300,000

Est. 1% increase in value since last sale

Current estimated payment $1,663 / mo

750 Days on Market

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

(302) 846-0200 jvwells1@remax.net RE/MAX Advantage Realty Listed on: 04/02/2020

Last Buyer's Agent

Rick Tilghman

(410) 543-2440 brent.miller@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

27.67 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2020
Closed on
Jun 23, 2022
Sold by
Bought by
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
$303,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,137
Avg. Annual Appreciation
0.25%
Original Mortgage
$230,000
Outstanding Balance
$218,808
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$84,329

Purchase Details

Closed on
Jun 22, 2014
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $316 $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

    27 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

    9 Total Sales

    Rick Tilghman
    Section Image
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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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