NOT LISTED FOR SALE

2808 Merritt Mill Rd Salisbury, MD 21804

North Salisbury Neighborhood

Estimated Value: $243,000 - $300,000

3.5 Acres
$76,762 Price per Acre
152,460 Sq Ft Lot

Last Sold December 17, 2014

Last sale price $117,000 $78 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,590/month

About This Lot

As of December 2014

3.5 acres for sale off Merritt Mill Rd. in Salisbury. Also includes a 2,664 SF building.

Last Agent to Sell the Property

Chris Davis

(443) 523-4539 chris@naicoastal.com NAI Coastal License #BK3256266 Listed on: 06/13/2014

NAI Coastal

Last Buyer's Agent

Rusty Molnar

(410) 726-2095 rustymolnar@gmail.com Keller Williams Realty Delmarva

Keller Williams Realty Delmarva

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,036

Lot Details

  • 3.5 Acre Lot
  • Cleared Lot
  • Property is zoned R15

Schools

  • Salisbury Middle School
  • Wicomico High School

Utilities

  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 070724

Property Details

Property Type

Land

Est. Annual Taxes

$2,036

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Current Use: Residential
  • Historic: No
  • New Construction: No
  • Special Features: None

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: No Sewer System
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WICOMICO COUNTY PUBLIC SCHOOLS
  • Middle School: SALISBURY
  • High School: WICOMICO
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138751831
  • High School: WICOMICO
  • Middle Or Junior School: SALISBURY

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 3.50
  • Possible Use: Residential
  • Zoning: R15

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 070724
  • County Tax Payment Frequency: Annually
  • Close Date: 12/17/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2014
Closed on
Dec 12, 2014
Sold by
Hitch Gary and Shockley Steven M
Bought by
Molnar Investment Properties Llc
Seller's Agent
Chris Davis
NAI Coastal
Buyer's Agent
Rusty Molnar
Keller Williams Realty Delmarva
List Price
$159,900
Sold Price
$117,000
Premium/Discount to List
-$42,900
-26.83%
Current Estimated Value
$268,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,667
Avg. Annual Appreciation
7.96%
Original Mortgage
$135,000
Outstanding Balance
$103,789
Interest Rate
4.02%
Mortgage Type
Amount Keyed Is An Aggregate Amount
Estimated Equity
$164,878

Purchase Details

Closed on
May 20, 2009
Sold by
Shockley Irl Marche and Shockley Lois Marie
Bought by
Hitch Donna M and Shockley Steven M
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
Molnar Investment Properties Llc $117,000 Mid Atlantic Title & Escrow
Hitch Gary -- Mid Atlantic Title
Hitch Donna M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hitch Gary $135,000
Closed Hitch Gary $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2016 02/17/16 Pending -- -- --
12/17/2014 12/17/14 Sold $117,000 -26.8% $78 / Sq Ft
06/13/2014 06/13/14 For Sale $159,900 -- $106 / 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
2025 $2,036 $232,000 $78,700 $153,300
2024 $2,036 $212,400 $0 $0
2023 $1,906 $192,800 $0 $0
2022 $1,765 $173,200 $63,700 $109,500
2021 $1,753 $171,467 $0 $0
2020 $1,750 $169,733 $0 $0
2019 $1,758 $168,000 $63,700 $104,300
2018 $1,679 $159,667 $0 $0
2017 $1,592 $151,333 $0 $0
2016 -- $143,000 $0 $0
2015 $1,451 $143,000 $0 $0
2014 $1,451 $143,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Davis

    Seller's Agent in 2014

    Chris Davis

    NAI Coastal

    (443) 523-4539

    4 in this area

    52 Total Sales

    Chris Davis
    Section Image
  • Rusty Molnar

    Buyer's Agent in 2014

    Rusty Molnar

    Keller Williams Realty Delmarva

    (410) 726-2095

    7 in this area

    106 Total Sales

    Rusty Molnar
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000862020

Bright MLS

APN: 05-070724

Maryland Wicomico County Salisbury 21804 North Salisbury

2808 Merritt Mill Rd, Salisbury, MD

This home is located at 2808 Merritt Mill Rd, Salisbury, MD 21804 since 13 June 2014 and is currently estimated at $268,667, approximately $178 per square foot. 2808 Merritt Mill Rd is a home located in Wicomico County with nearby schools including Beaver Run Elementary School, East Salisbury Elementary School, and Wicomico Middle School.

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