Seller's Agent in 2025
Whitney Elliott
Coldwell Banker Realty
(443) 880-0545
4 in this area
20 Total Sales
31729 Spearin Rd Salisbury, MD 21804
South Salisbury Neighborhood
--
Bed
--
Bath
--
Sq Ft
8.88
Acres
Highlights
- Indoor Arena
- No HOA
- Horse Farm
- 8.88 Acre Lot
- Feed Barn
- Shed
About This Home
As of May 2025Don't miss the chance to operate a successful business out of this property! Rare opportunity to own a 22 stall farm with large, 220'x86' indoor with sand footing. The majority of the property is fenced for pasture space with water hydrants scattered through the property for ease of access. Multiple outbuildings include a large manure shed, smaller 2-story storage building and large pole building for tractor or hay storage (or even a second barn). The barn boasts a large feed/storage room, a large tack room with propane fireplace and heated bathroom, as well as a 2nd level viewing area/loft area with stairway access. A full course of jumps is included! Two hot/cold wash stalls are strategically placed in the aisle. Hot water in the main barn is sourced via a Rinnai instant water heater in the bathroom (propane). The property needs some minor repair and updating, but is ready to immediately bring horses in to be income producing! While there is no residence on the property, there is an RV hook-up in the large storage shed and Wicomico County Planning and Zoning notes that the zoning allows for one single family home to be constructed on the land.
Last Agent to Sell the Property
(443) 880-0545 whitney.elliott@cbrealty.com Coldwell Banker Realty License #5966662 Listed on: 02/09/2025
Property Details
Property Type
- Other
Est. Annual Taxes
- $2,838
Year Built
- Built in 2006
Parking
- Driveway
Home Design
- Farm
- Metal Roof
- Aluminum Siding
Schools
- Parkside High School
Farming
- Feed Barn
- Horse Farm
Horse Facilities and Amenities
- Corral
- Indoor Arena
- Stables
Utilities
- Well
- Septic Tank
Additional Features
- Property has 1 Level
- Shed
- 8.88 Acre Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2308009287
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2025
Closed on
May 28, 2025
Sold by
Cm Stables and Savage Edward Andrew
Bought by
Marsh Donna A and Cavey Jeffrey A
Seller's Agent
Whitney Elliott
Coldwell Banker Realty
Buyer's Agent
Donna Marsh
Taylor Properties
List Price
$450,000
Sold Price
$465,000
Premium/Discount to List
$15,000
3.33%
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,305
Avg. Annual Appreciation
1.50%
Original Mortgage
$372,000
Outstanding Balance
$371,045
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$98,260
Purchase Details
Closed on
Jul 20, 2006
Sold by
Parker Samuel T and Parker Christina W
Bought by
Savage E Andrew E and Savage Pennie D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,714
Interest Rate
6.67%
Mortgage Type
Construction
Purchase Details
Closed on
Jul 14, 2006
Sold by
Parker Samuel T and Parker Christina W
Bought by
Savage E Andrew E and Savage Pennie D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,714
Interest Rate
6.67%
Mortgage Type
Construction
Purchase Details
Closed on
Dec 30, 1998
Sold by
Mills Orville L and Mills Emma M
Bought by
Parker Samuel T and Parker Christina W
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $465,000 | Heritage Title | |
| Deed | $465,000 | Heritage Title | |
| Deed | $240,000 | -- | |
| Deed | $240,000 | -- | |
| Deed | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $372,000 | New Conventional | |
| Closed | $372,000 | New Conventional | |
| Previous Owner | $398,714 | Construction | |
| Previous Owner | $398,714 | Construction |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | Sold | $465,000 | +3.3% | -- |
| 02/24/2025 02/24/25 | Pending | -- | -- | -- |
| 02/09/2025 02/09/25 | For Sale | $450,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,898 | $305,800 | $42,800 | $263,000 |
| 2024 | $2,898 | $296,033 | $0 | $0 |
| 2023 | $2,856 | $286,267 | $0 | $0 |
| 2022 | $2,878 | $276,500 | $42,800 | $233,700 |
| 2021 | $2,879 | $275,733 | $0 | $0 |
| 2020 | $2,896 | $274,967 | $0 | $0 |
| 2019 | $2,930 | $274,200 | $42,800 | $231,400 |
| 2018 | $2,944 | $274,200 | $42,800 | $231,400 |
| 2017 | $2,944 | $274,200 | $0 | $0 |
| 2016 | -- | $305,300 | $0 | $0 |
| 2015 | $2,916 | $332,300 | $0 | $0 |
| 2014 | $2,916 | $332,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Whitney Elliott
-
Donna Marsh
D
Buyer's Agent in 2025
Donna Marsh
Taylor Properties
(410) 960-8665
1 in this area
4 Total Sales
Map
Source: Bright MLS
MLS Number: MDWC2016662
APN: 08-009287
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