NOT LISTED FOR SALE

Estimated Value: $323,000 - $428,000

0.57 Acre
$641,789 Price per Acre
24,829 Sq Ft Lot

Last Sold June 07, 2021

Last sale price $45,000 $38 Per Sq Ft

Est. 713% increase in value since last sale

Current estimated payment $2,204/month

41 Days on Market

About This Lot

As of June 2021

Lot includes home that is either tear down or complete renovation. A great property at an even better price! Situated right on the state line, enjoy the best of living in Maryland and shopping in tax-free Delaware! Tear-down and rebuild, or bring this great old home back to its original glory!

Last Agent to Sell the Property

Chris Lane

Long & Foster Real Estate, Inc. License #RS-0025133 Listed on: 03/31/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Alice Fisher

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $635

Lot Details

  • 0.57 Acre Lot
  • Property is zoned AR

Utilities

  • Private Water Source
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05-050480

Property Details

Property Type

Land

Est. Annual Taxes

$635

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Lot includes home that is either tear down or complete renovation. A great property at an even better price! Situated right on the state line, enjoy the best of living in Maryland and shopping in tax-free Delaware! Tear-down and rebuild, or bring this great old home back to its original glory!
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 2.20
  • Street Number Modifier: 30881

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: Community Septic Tank, Private Septic Tank
  • Water Source: Private/Community Water

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WICOMICO COUNTY PUBLIC SCHOOLS
  • School District Key: 121138751831
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.57
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25010.00
  • Year Assessed: 2020
  • Zoning: AR
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5335051
  • Tax Annual Amount: 635.00
  • Assessor Parcel Number: 05-050480
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/07/2021

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Jun 7, 2021
Sold by
Edwards George Steven
Bought by
Pelaez Rosalia Ramirez
Seller's Agent
Chris Lane
Long & Foster Real Estate, Inc.
Buyer's Agent
Alice Fisher
Long & Foster Real Estate, Inc.
List Price
$55,000
Sold Price
$45,000
Premium/Discount to List
-$10,000
-18.18%
Current Estimated Value
$365,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,820
Avg. Annual Appreciation
68.08%

Purchase Details

Closed on
Sep 12, 2019
Sold by
Edwards George Steven and The Estate Of George Samuel Ed
Bought by
Lakes Beverly Jean

Purchase Details

Closed on
May 19, 1982
Sold by
Moore Billy B and Moore Bonnie
Bought by
Edwards George S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,500
Interest Rate
16.63%
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
Pelaez Rosalia Ramirez $45,000 Mid Atlantic T&E Co Inc
Lakes Beverly Jean -- None Available
Edwards George S $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edwards George S $11,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2021 06/07/21 Sold $45,000 0.0% $38 / Sq Ft
06/07/2021 06/07/21 Sold $45,000 -18.2% $38 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/11/2021 05/11/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $55,000 0.0% $46 / Sq Ft
03/24/2021 03/24/21 For Sale $55,000 0.0% $46 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $55,000 -- $46 / 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 $1,989 $201,200 $0 $0
2023 $1,358 $131,300 $0 $0
2022 $686 $61,400 $35,200 $26,200
2021 $684 $61,067 $0 $0
2020 $686 $60,733 $0 $0
2019 $632 $60,400 $35,200 $25,200
2018 $669 $57,867 $0 $0
2017 $622 $55,333 $0 $0
2016 $587 $52,800 $0 $0
2015 $587 $52,800 $0 $0
2014 $587 $52,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC112294

Bright MLS

APN: 05-050480