NOT LISTED FOR SALE

31861 Fred Adkins Rd Parsonsburg, MD 21849

North Salisbury Neighborhood

Estimated Value: $137,794 - $221,000

12 Acres
$14,649 Price per Acre
508,345 Sq Ft Lot

Last Sold May 07, 2021

Last sale price $100,000

Est. 71% increase in value since last sale

Current estimated payment $995/month

1 Day on Market

About This Lot

As of May 2021

Priced to sell! 11.67 Acres with Well and Septic in Parsonsburg, Md! Two Outbuilding available but sold AS-IS. Bring your imagination to build your own! 10 Minutes to Salisbury and 30 minutes to Ocean City! Call your agent today for a private showing!

Last Agent to Sell the Property

Min Pi

ERA Martin Associates License #RS-0039395 Listed on: 04/20/2021

ERA Martin Associates

Co-Listed By

Jeffrey Ashley

ERA Martin Associates

Last Buyer's Agent

Will Bowen

ERA Martin Associates License #5005346

ERA Martin Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $664

Lot Details

  • 11.67 Acre Lot
  • Cleared Lot
  • Property is zoned AR

Utilities

  • Well
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05-094321

Property Details

Property Type

Land

Est. Annual Taxes

$664

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Agriculture
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Priced to sell! 11.67 Acres with Well and Septic in Parsonsburg, Md! Two Outbuilding available but sold AS-IS. Bring your imagination to build your own! 10 Minutes to Salisbury and 30 minutes to Ocean City! Call your agent today for a private showing!
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 0.20
  • Street Number Modifier: 31861

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: On Site Septic
  • Utilities: Electric Available, Sewer Available, Water Available
  • Water Source: Well

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 Features: Cleared
  • Lot Size Acres: 11.67
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 508345.00
  • Possible Use: Agriculture
  • 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: 5338515
  • Tax Annual Amount: 664.00
  • Assessor Parcel Number: 05-094321
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/07/2021

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
May 7, 2021
Sold by
Lee Hee Chan and Lee Hyun Sook
Bought by
Ward Nelson and Ward Dana
Seller's Agent
Min Pi
ERA Martin Associates
Buyer's Agent
Will Bowen
ERA Martin Associates
List Price
$100,000
Sold Price
$100,000
Current Estimated Value
$170,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,949
Avg. Annual Appreciation
12.20%

Purchase Details

Closed on
Nov 21, 2007
Sold by
Montgomery Jeffrey D and Montgomery Joan C
Bought by
Lee Hee Chan and Hyun Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2007
Sold by
Montgomery Jeffrey D and Montgomery Joan C
Bought by
Lee Hee Chan and Hyun Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2005
Sold by
Suzuki Kiyonobu and Suzuki Kumiko
Bought by
Montgomery Jeffrey D and Montgomery Joan C

Purchase Details

Closed on
Jan 10, 1985
Sold by
Onley James S
Bought by
Suzuki Kiyonobu and Suzuki Kumiko
Source: Public Records

Range of Values:

Collateral Analytics

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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
Ward Nelson $100,000 Mid Atlantic T&E Co Inc
Lee Hee Chan $185,000 --
Lee Hee Chan $185,000 --
Montgomery Jeffrey D $165,000 --
Suzuki Kiyonobu $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Hee Chan $135,000
Previous Owner Lee Hee Chan $135,000
Previous Owner Suzuki Kumiko $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $100,000 0.0% --
04/21/2021 04/21/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $100,000 -- --
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 $750 $76,000 $66,600 $9,400
2024 $750 $71,967 $0 $0
2023 $732 $67,933 $0 $0
2022 $687 $63,900 $56,600 $7,300
2021 $689 $63,833 $0 $0
2020 $694 $63,767 $0 $0
2019 $667 $63,700 $56,600 $7,100
2018 $730 $63,700 $56,600 $7,100
2017 $702 $63,700 $0 $0
2016 -- $63,700 $0 $0
2015 $677 $63,700 $0 $0
2014 $677 $63,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Min Pi

    Seller's Agent in 2021

    Min Pi

    ERA Martin Associates

    (443) 944-6587

    11 in this area

    65 Total Sales

    Section Image
  • Jeffrey Ashley

    Seller Co-Listing Agent in 2021

    Jeffrey Ashley

    ERA Martin Associates

    (410) 726-8886

    22 in this area

    94 Total Sales

    Section Image
  • Will Bowen

    Buyer's Agent in 2021

    Will Bowen

    ERA Martin Associates

    (410) 713-5690

    1 in this area

    14 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDWC112624

Bright MLS

APN: 05-094321

Maryland Wicomico County Parsonsburg 21804 North Salisbury

31861 Fred Adkins Rd, Parsonsburg, MD

This home is located at 31861 Fred Adkins Rd, Parsonsburg, MD 21849 since 20 April 2021 and is currently estimated at $170,949. 31861 Fred Adkins Rd is a home located in Wicomico County with nearby schools including Beaver Run Elementary School, East Salisbury Elementary School, and Wicomico Middle School.

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