NOT LISTED FOR SALE

Estimated Value: $525,000 - $1,144,067

147.7 Acres
$5,401 Price per Acre
6,433,812 Sq Ft Lot

Sale Details

Date Sold: April 26, 2017

Last sale price $475,000 $329 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $6,242 / mo

11 Days on Market

Highlights

  • Property is near a lake
  • 147.7 Acre Lot
  • No HOA
  • Pond View
  • Wooded Lot

About This Lot

As of April 2017

Rare opportunity to obtain farm with this type of diversity. Sale includes 2 parcels: Map 16, Parcels 247 and 140. Parcel 247 is a beautiful 18th century brick home is in need of restoration and sits on 3.7 ac. The main farm is 144 acres and consists of 60+/-ac of well-drained, rolling fields, 38+/- ac of timber and 46+/- ac were recently clear-cut.The farm offers a diverse landscape and significant privacy. Timber consists of a mixture of pine and hardwoods, with some very old oaks. There is deer sign all over the property, and would make a great farm for the hunter. The front woods includes a .2 ac pond abutting the field edge, packed with wood ducks.Video: https://goo.gl/4vRBqb42 ac across street also available for $99,900.Contact Tom Ruch today - serious inquiries o

Last Agent to Sell the Property

Tom Ruch

(302) 539-0800 tomruch@northroprealty.com Northrop Realty License #RS-0025135 Listed on: 02/13/2017

Northrop Realty

Last Buyer's Agent

Tom Ruch

(302) 539-0800 tomruch@northroprealty.com Northrop Realty License #RS-0025135 Listed on: 02/13/2017

Northrop Realty

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 147.7 Acre Lot
  • Cleared Lot
  • Wooded Lot

Property Views

  • Pond Views

Schools

  • Princess Anne Elementary School
  • Washington Academy And High School

Utilities

  • Well
  • On Site Septic
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 008911

Community Details

Overview

  • No Home Owners Association

Recreation

  • Property is near a lake

Property Details

Property Type

Land

Lot Details

147.7 Acres

Listing Details

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

Exterior Features

  • Construction Completed: No
  • View: Pond
  • Water Access: No
  • Water Body Type: Lake
  • Water Frontage Type: Lake
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Sewer System, On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Elementary School: PRINCESS ANNE
  • High School: WASHINGTON ACADEMY AND

Lot Info

  • Lot Features: Cleared, Trees/Wooded
  • Lot Size Acres: 147.70
  • Possible Use: Agriculture
  • Zoning Description: A

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12573735
  • Assessor Parcel Number: 008911
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: SOMERSET COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2017
Closed on
Apr 26, 2017
Sold by
Powell Danuiel William and Powell Christine
Bought by
Seller's Agent
Tom Ruch
Northrop Realty
Buyer's Agent
Tom Ruch
Northrop Realty
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$981,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,664
Avg. Annual Appreciation
5.71%
Original Mortgage
$470,604
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2013
Sold by
Powell Daniel William
Bought by
Powell Daniel Williams and Powell Christine

Purchase Details

Closed on
Oct 4, 2004
Sold by
Powell Robert Teagle
Bought by
Powell Daniel William

Purchase Details

Closed on
Apr 19, 1999
Sold by
Waddy William E
Bought by
Waddy William E Jr Lucy Powell
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Princess Anne, MD

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$555,000 None Available
Powell Daniel Williams -- None Available
Powell Daniel William -- --
Waddy William E Jr Lucy Powell -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $926,701
Closed Merrill Daniel R $470,604
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/26/2017 04/26/17 Sold $475,000 0.0% $329 / Sq Ft
03/27/2017 03/27/17 Pending -- -- --
02/13/2017 02/13/17 For Sale $475,000 -- $329 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,215 $1,041,600 $63,000 $978,600
2025 $10,215 $907,833 $0 $0
2024 $8,728 $774,067 $0 $0
2023 $7,120 $640,300 $37,400 $602,900
2022 $7,030 $632,167 $0 $0
2021 $14,299 $624,033 $0 $0
2020 $6,932 $615,900 $33,400 $582,500
2019 $6,909 $615,900 $33,400 $582,500
2018 $0 $53,700 $33,400 $20,300
2017 $675 $55,300 $0 $0
2016 $615 $55,300 $0 $0
2015 $615 $55,300 $0 $0
2014 $1,161 $55,300 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: 1000863402

Bright MLS

APN: 15-017783

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