NOT LISTED FOR SALE

Estimated Value: $71,844 - $266,000

7.88 Acres
$15,953 Price per Acre
343,253 Sq Ft Lot

Last Sold May 15, 2023

Last sale price $61,000 $50 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $715/month

63 Days on Market

Highlights

  • 7.88 Acre Lot
  • Partially Wooded Lot
  • No HOA

About This Lot

As of May 2023

Zoned commercial along road frontage and Agricultural toward the back of the property, this lot has potential for building and development. The parcel was originally approved for 3 building lots w/ option for a 4th... unrecorded survey included in the listing, and past information will be provided by Seller. (property has perked in the past). Many opportunities possible: plan your getaway, listen to the quiet, or plenty of room for horses! This can be the perfect opportunity to build several homes, enjoy a family retreat, or enjoy the wonders of nature and the rustic charms of towns along the Tangier Sound. Do you desire a perfect setting for your hunting club? Property is just minutes to the nearby boat ramp or Rt. 13. Diversify your portfolio and buy land! Hold it and build when you're ready. Its inexpensive to own and can silently increase in value over time without you having to do much , if anything to it. Property is priced to move quickly, so don't wait!

Last Agent to Sell the Property

Robyn Kaspersky

Vision Realty Group of Salisbury Listed on: 02/13/2023

Last Buyer's Agent

Robyn Kaspersky

Vision Realty Group of Salisbury Listed on: 02/13/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $276

Lot Details

  • 7.88 Acre Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods

Location

  • Flood Risk

Utilities

  • Well Permit Not Applied For
  • Not Applied For Permit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2005078423

Property Details

Property Type

Land

Est. Annual Taxes

$276

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Zoned commercial along road frontage and Agricultural toward the back of the property, this lot has potential for building and development. The parcel was originally approved for 3 building lots w/ option for a 4th... unrecorded survey included in the listing, and past information will be provided by Seller. (property has perked in the past). Many opportunities possible: plan your getaway, listen to the quiet, or plenty of room for horses! This can be the perfect opportunity to build several homes, enjoy a family retreat, or enjoy the wonders of nature and the rustic charms of towns along the Tangier Sound. Do you desire a perfect setting for your hunting club? Property is just minutes to the nearby boat ramp or Rt. 13. Diversify your portfolio and buy land! Hold it and build when you're ready. Its inexpensive to own and can silently increase in value over time without you having to do much , if anything to it. Property is priced to move quickly, so don't wait!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.20
  • Street Number Modifier: 27763

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: Not Applied For Permit
  • Water Source: Well Permit Not Applied For

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: SOMERSET COUNTY PUBLIC SCHOOLS
  • School District Key: 121138759568
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: R
  • Lot Features: Cleared, Backs To Trees, Partly Wooded
  • Lot Size Acres: 7.88
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 343253.00
  • Possible Use: Agriculture, Commercial, Residential
  • Year Assessed: 2023
  • Zoning: A
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12562750
  • Tax Annual Amount: 276.00
  • Assessor Parcel Number: 2005078423
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 05/15/2023

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: SOMERSET COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
May 15, 2023
Sold by
Balcerowicz Anthony John
Bought by
Pope Jeremy and Pope Luz
Seller's Agent
Robyn Kaspersky
Vision Realty Group of Salisbury
Buyer's Agent
Robyn Kaspersky
Vision Realty Group of Salisbury
List Price
$69,000
Sold Price
$61,000
Premium/Discount to List
-$8,000
-11.59%
Views
88
Current Estimated Value
$125,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,711
Avg. Annual Appreciation
15.15%
Original Mortgage
$52,000
Outstanding Balance
$50,647
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$33,489

Purchase Details

Closed on
Jan 26, 2022
Sold by
Balcerowicz Sandra A
Bought by
Balcerowicz Anthony John

Purchase Details

Closed on
Oct 27, 2005
Sold by
White William T
Bought by
Balcerowicz Sandra A

Purchase Details

Closed on
Oct 17, 2005
Sold by
White William T
Bought by
Balcerowicz Sandra A

Purchase Details

Closed on
Jan 17, 2002
Sold by
Taylor Susan Thompson
Bought by
White William T

Purchase Details

Closed on
Jan 17, 2001
Sold by
Keeney S Roger S
Bought by
Taylor Susan Thompson
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
Pope Jeremy $61,000 Community Title Network
Balcerowicz Anthony John -- None Listed On Document
Balcerowicz Sandra A $147,500 --
Balcerowicz Sandra A $147,500 --
White William T $35,000 --
Taylor Susan Thompson $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pope Jeremy $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $61,000 -11.6% $50 / Sq Ft
02/13/2023 02/13/23 For Sale $69,000 -- $56 / 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
2024 $357 $32,100 $0 $0
2023 $276 $24,800 $24,800 $0
2022 $276 $24,800 $24,800 $0
2021 $276 $24,800 $24,800 $0
2020 $276 $24,800 $24,800 $0
2019 $774 $39,400 $34,800 $4,600
2018 $498 $39,400 $34,800 $4,600
2017 $498 $39,400 $0 $0
2016 $435 $39,267 $0 $0
2015 $435 $39,133 $0 $0
2014 $1,032 $39,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDSO2002862

Bright MLS

APN: 05-078423