NOT LISTED FOR SALE

315 Railroad Ave East New Market, MD 21631

Estimated Value: $120,000 - $316,000

0.96 Acre
$220,975 Price per Acre
41,818 Sq Ft Lot

Last Sold October 29, 2019

Last sale price $27,000 $19 Per Sq Ft

Est. 774% increase in value since last sale

Current estimated payment $1,448/month

370 Days on Market

About This Lot

As of October 2019

Nice large lot with city service, close to Cambridge, Easton & Seaford, DE for tax free shopping!

Last Agent to Sell the Property

Candy Molock-Cropper

Long & Foster Real Estate, Inc. Listed on: 09/04/2018

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Jeff Powell

Charles C. Powell, Inc. Realtors

Property Details

Property Type

  • Land

Lot Details

  • 0.96 Acre Lot
  • Cost To Obtain Building Permits
  • Property is zoned SR

Utilities

  • Public Septic

Community Details

  • No Home Owners Association
  • East New Market Subdivision

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 1002025957

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Federal Flood Zone: No
  • Remarks Public: Nice large lot with city service, close to Cambridge, Easton & Seaford, DE for tax free shopping!
  • Special Features: None

Interior Features

  • Basement: No
  • Price Per Sq Ft: 0.84
  • Street Number Modifier: 315

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: Public Septic
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: DORCHESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121139665361

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 17200.00
  • Lot Size Acres: 0.96
  • Lot Size Area: 41817
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 41817.00
  • Possible Use: Residential
  • Year Assessed: 2018
  • Zoning: SR
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5304278
  • Tax Annual Amount: 752.90
  • Assessor Parcel Number: 1002025957
  • Tax Lot: 41
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017
  • Close Date: 10/29/2019

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2018
Closed on
Oct 29, 2019
Sold by
Thompson Hamilton Ellsworth and Ross William Alfred
Bought by
Gambrill Michael L and Green Jessica L
Seller's Agent
Candy Molock-Cropper
Long & Foster Real Estate, Inc.
Buyer's Agent
Jeff Powell
Charles C. Powell, Inc. Realtors
List Price
$50,000
Sold Price
$27,000
Premium/Discount to List
-$23,000
-46%
Current Estimated Value
$236,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,010
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
Gambrill Michael L $27,000 Cambridge Title Company Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2019 10/29/19 Sold $27,000 -22.9% $19 / Sq Ft
08/30/2019 08/30/19 Price Changed $35,000 -30.0% $24 / Sq Ft
09/04/2018 09/04/18 For Sale $50,000 -- $35 / 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 $1,857 $102,700 $0 $0
2024 $1,751 $97,700 $34,700 $63,000
2023 $1,751 $96,033 $0 $0
2022 $1,720 $94,367 $0 $0
2021 $511 $29,700 $29,700 $0
2020 $511 $28,033 $0 $0
2019 $481 $26,367 $0 $0
2018 $764 $41,900 $24,700 $17,200
2017 $754 $41,900 $0 $0
2016 -- $41,900 $0 $0
2015 -- $57,800 $0 $0
2014 -- $57,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Candy Molock-Cropper

    Long & Foster

    (443) 366-1335

    2 Total Sales

    Section Image
  • Jeff Powell

    Buyer's Agent in 2019

    Jeff Powell

    Charles C. Powell, Inc. Realtors

    (443) 783-0640

    28 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1002388762

Bright MLS

APN: 02-025957

Maryland Dorchester County East New Market 21631

315 Railroad Ave, East New Market, MD

This home is located at 315 Railroad Ave, East New Market, MD 21631 since 04 September 2018 and is currently estimated at $212,136, approximately $148 per square foot. 315 Railroad Ave is a home located in Dorchester County with nearby schools including Warwick Elementary School, North Dorchester Middle School, and North Dorchester High School.

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