NOT LISTED FOR SALE

29960 Morgnec Rd Kennedyville, MD 21645

Estimated Value: $845,000

107.68 Acres
$7,847 Price per Acre
4,690,541 Sq Ft Lot

Last Sold March 07, 2012

Last sale price $725,000 $221 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,659/month

128 Days on Market

About This Lot

As of March 2012

107.68 acres with current survey. Mostly all tillable land with irrigation. 2 parcels sold as one. Currently planted in trees/shrubs. Seller would like to lease back for one or two years.Under Contract w/10 day Kick-out contingent on Buyer selling farm.

Last Agent to Sell the Property

John Fernwalt

Sassafras River Realty, Ltd. License #MRIS:10240 Listed on: 05/21/2011

Co-Listed By

David Leager

Sassafras River Realty, Ltd.

Last Buyer's Agent

David Leager

Sassafras River Realty, Ltd.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,302

Lot Details

  • 107.68 Acre Lot
  • No Building Permits
  • Property is zoned AZD

Property Views

  • Pasture Views

Utilities

  • Cooling System Utilizes Bottled Gas
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1502000075

Property Details

Property Type

Land

Est. Annual Taxes

$2,302

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agriculture
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 0.19

Exterior Features

  • View: Pasture

Utilities

  • Heating Fuel: Bottled Gas/Propane, Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Lot Info

  • Improvement Assessed Value: 94400.00
  • Land Assessed Value: 124130.00
  • Lot Features: Unrestricted
  • Lot Size Acres: 107.68
  • Lot Size Area: 4690541
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4690541.00
  • Possible Use: Agriculture
  • Year Assessed: 2011
  • Zoning: AZD

Tax Info

  • Assessor Parcel Number: 4500752
  • Tax Annual Amount: 2301.97
  • Assessor Parcel Number: 1502000075

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2021
Sold by
Thieme Wayne H
Bought by
Owings And Sons Business Trust
Current Estimated Value
$845,000

Purchase Details

Listed on
May 21, 2011
Closed on
Mar 7, 2012
Sold by
Angelica Nurseries Inc
Bought by
Thieme Wayne H
Seller's Agent
John Fernwalt
Sassafras River Realty, Ltd.
Buyer's Agent
David Leager
Sassafras River Realty, Ltd.
List Price
$900,000
Sold Price
$725,000
Premium/Discount to List
-$175,000
-19.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%

Purchase Details

Closed on
Jul 6, 2011
Sold by
Undisclosed
Bought by
Angelica Murseries Inc and Angelica Nurseries Inc
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
Owings And Sons Business Trust $1,386,937 None Available
Thieme Wayne H $725,000 None Available
Angelica Murseries Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iron Hill Farms Llc $597,600
Previous Owner Thieme Wayne H $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2012 03/07/12 Sold $725,000 -19.4% $221 / Sq Ft
09/26/2011 09/26/11 Pending -- -- --
05/21/2011 05/21/11 For Sale $900,000 -- $274 / 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 $1,083 $95,500 $95,500 $0
2024 $1,083 $95,500 $95,500 $0
2023 $1,083 $95,500 $95,500 $0
2022 $1,073 $95,500 $95,500 $0
2021 $1,083 $95,500 $95,500 $0
2020 $1,083 $95,500 $95,500 $0
2019 $1,083 $95,500 $95,500 $0
2018 $2,166 $95,500 $95,500 $0
2017 $1,083 $95,500 $0 $0
2016 -- $95,500 $0 $0
2015 $2,508 $95,500 $0 $0
2014 $2,508 $95,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    John Fernwalt

    Sassafras River Realty, Ltd.

  • D

    Seller Co-Listing Agent in 2012

    David Leager

    Sassafras River Realty, Ltd.

    (410) 778-0238

    David Leager
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Map

Source: Bright MLS

MLS Number: 1004441846

Bright MLS

APN: 02-000075

Maryland Kent County Kennedyville 21645

29960 Morgnec Rd, Kennedyville, MD

This home is located at 29960 Morgnec Rd, Kennedyville, MD 21645 since 21 May 2011 and is currently estimated at $845,000, approximately $257 per square foot. 29960 Morgnec Rd is a home located in Kent County with nearby schools including Kent County Middle School and Kent County High School.

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