NOT LISTED FOR SALE

Estimated Value: $398,000 - $614,263

3 Beds
2 Baths
5,851 Sq Ft
$87/Sq Ft Est. Value

Last Sold September 15, 2018

Last sale price $235,000 $40 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,164/month

245 Days on Market

Highlights

  • 40.3 Acre Lot
  • Main Floor Bedroom
  • 3 Car Detached Garage
  • Cape Cod Architecture
  • No HOA
  • Pasture

About This Home

As of September 2018

Gentleman's Farm. property consist of two parcels 27.88 acres in Wicomico County and 12.42 Acres in Worcester. Total of 40+ acres will 22+/- clear and 18+/- wooded. There are 3 Homes on the property 2 of which needs TLC. Multiple outbuildings. Previously working 400'and a 500' chicken house. Manure Barn. Generator Shed with 125kw. In addition there is room for expanding. Also this would be a nice horse farm and or recreational tract. Good hunting is also available.

Last Agent to Sell the Property

Jay Phillips

Holiday Real Estate Listed on: 12/01/2017

Last Buyer's Agent

Mickey Hayward

Sunset Properties License #RB-0002915

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,844

Year Built

  • Built in 1970

Lot Details

  • 40.3 Acre Lot
  • Hunting Land
  • Property is zoned AR, AR

Parking

  • 3 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Rambler Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 5,851 Sq Ft Home
  • Property has 1 Level
  • Storage In Attic

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Halls are 36 inches wide or more

Schools

  • Fruitland Elementary School
  • Wicomico Middle School
  • Wicomico High School

Farming

  • Crops
  • 15 Acres of Pasture
  • Machine Shed
  • Pasture
  • Horse Farm
  • Poultry Farm

Utilities

  • Central Air
  • Cooling System Utilizes Bottled Gas
  • Heat Pump System
  • 220 Volts
  • 120/240V
  • Power Generator
  • Well
  • Standard Trench Approved

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 16-024791

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,844

Year Built

Built in 1970

Lot Details

0

Parking

3

Listing Details

  • Property Type: Farm
  • Structure Type: Detached
  • Architectural Style: Cape Cod, Ranch/Rambler
  • Accessibility Features: 36"+ Wide Halls
  • Habitable Residence: Yes
  • New Construction: No
  • Storage: Attic
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1970
  • Remarks Public: Gentleman's Farm. property consist of two parcels 27.88 acres in Wicomico County and 12.42 Acres in Worcester. Total of 40+ acres will 22+/- clear and 18+/- wooded. There are 3 Homes on the property 2 of which needs TLC. Multiple outbuildings. Previously working 400'and a 500' chicken house. Manure Barn. Generator Shed with 125kw. In addition there is room for expanding. Also this would be a nice horse farm and or recreational tract. Good hunting is also available.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Entry Level Bedroom, Entry Level Bedroom
  • Foundation Details: Block
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 5851
  • Living Area Sq Ft: 5851
  • Price Per Sq Ft: 51.10
  • Above Grade Finished Sq Ft: 5851
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3286

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Barn/Stable, Poultry House, Garage(s), Machine Shed
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 220 Volts, 120/240V, Generator
  • Heating Fuel: Electric, Bottled Gas/Propane
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Standard Trench Approved
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: WICOMICO COUNTY PUBLIC SCHOOLS
  • Elementary School: FRUITLAND
  • Middle School: WICOMICO
  • High School: WICOMICO
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138751831
  • Elementary School: FRUITLAND
  • High School: WICOMICO
  • Middle Or Junior School: WICOMICO

Lot Info

  • Wooded Acres: 20.00
  • Crops Included: No
  • Farm Features: Hunting
  • Farm Land Area Units: Acres
  • Farm Operation: Poultry, Row Crop, Horse, Pasture
  • Lot Size Acres: 40.30
  • Pasture Acres: 15.00
  • Zoning: AR
  • Zoning Description: AR
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5368978
  • Tax Annual Amount: 3844.00
  • Assessor Parcel Number: 16-024791
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 09/15/2018

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2017
Closed on
Sep 21, 2018
Sold by
Core Joel K and Core Mary C
Bought by
Raja Bushra Hameed
Seller's Agent
Jay Phillips
Holiday Real Estate
Buyer's Agent
Mickey Hayward
Sunset Properties
List Price
$398,000
Sold Price
$235,000
Premium/Discount to List
-$163,000
-40.95%
Current Estimated Value
$511,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,816
Avg. Annual Appreciation
12.21%
Original Mortgage
$100,000
Outstanding Balance
$88,094
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$435,300

Purchase Details

Closed on
Mar 21, 2002
Sold by
Willey Levi
Bought by
Willey Levi and Willey Mary E

Purchase Details

Closed on
Nov 4, 1998
Sold by
Willey Levi
Bought by
Willey Levi

Purchase Details

Closed on
Feb 13, 1975
Sold by
Willey Levi and Willey Mary E
Bought by
Willey Levi and Willey Mary E
Source: Public Records

Range of Values:

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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
Raja Bushra Hameed $235,000 None Available
Willey Levi -- --
Willey Levi -- --
Willey Levi $400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raja Bushra Hameed $100,000
Closed Willey Levi --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2018 09/15/18 Sold $235,000 -21.4% $40 / Sq Ft
08/04/2018 08/04/18 Pending -- -- --
05/22/2018 05/22/18 Price Changed $299,000 -8.0% $51 / Sq Ft
04/06/2018 04/06/18 Price Changed $325,000 -13.3% $56 / Sq Ft
02/15/2018 02/15/18 Price Changed $375,000 -3.6% $64 / Sq Ft
01/23/2018 01/23/18 Price Changed $389,000 -2.3% $66 / Sq Ft
12/01/2017 12/01/17 For Sale $398,000 -- $68 / 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 $4,504 $499,800 $0 $0
2024 $4,504 $454,900 $99,500 $355,400
2023 $4,385 $422,667 $0 $0
2022 $4,257 $390,433 $0 $0
2021 $4,037 $358,200 $99,500 $258,700
2020 $1,830 $358,200 $99,500 $258,700
2019 $3,749 $358,200 $99,500 $258,700
2018 $3,904 $365,500 $131,500 $234,000
2017 $4,246 $365,500 $0 $0
2016 -- $365,500 $0 $0
2015 $4,366 $472,400 $0 $0
2014 $4,366 $472,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001557810

Bright MLS

APN: 16-024791