32951 Old Ocean City Rd Parsonsburg, MD 21849
Estimated payment $444/month
About This Lot
.75 Acre Cleared Lot with Shed, New Electric & Income PotentialOpportunity awaits with this versatile .75-acre cleared lot in Parsonsburg! Conveniently located just off Old Ocean City Road, this property features a large on-site shed and brand-new electric service—ready for your next project or investment.Part of the lot is currently leased by a neighboring auto repair shop for overflow parking, offering immediate passive income. Whether you're looking to expand your business, build, or hold as an income-generating asset, this parcel delivers flexibility and value.Easy access to Route 50 and just minutes from Salisbury. Zoned: ResidentialUtilities: Brand-new electric on-siteAdditional Features: Income from lease, large storage shed, cleared and level groundSizes, taxes, distances approximate, and for reference only.
Property Details
Property Type
- Land
Est. Annual Taxes
- $134
Lot Details
- 0.75 Acre Lot
- Cleared Lot
- Leasehold Lot
- Property is zoned AR
Utilities
- No Septic System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2304008529
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $134 | $14,000 | $14,000 | $0 |
| 2023 | $301 | $30,433 | $0 | $0 |
| 2022 | $276 | $27,100 | $27,100 | $0 |
| 2021 | $243 | $23,767 | $0 | $0 |
| 2020 | $211 | $20,433 | $0 | $0 |
| 2019 | $179 | $17,100 | $17,100 | $0 |
| 2018 | $240 | $17,100 | $17,100 | $0 |
| 2017 | $288 | $17,100 | $0 | $0 |
| 2016 | -- | $27,100 | $0 | $0 |
| 2015 | $324 | $27,100 | $0 | $0 |
| 2014 | $324 | $27,100 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/07/2025 05/07/25 | For Sale | $79,000 | +464.3% | -- |
| 02/16/2024 02/16/24 | Sold | $14,000 | -12.5% | -- |
| 02/01/2024 02/01/24 | Pending | -- | -- | -- |
| 08/25/2023 08/25/23 | For Sale | $16,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $14,000 | None Listed On Document | |
| Deed | -- | Courtsey Title & Escrow Corp | |
| Deed | $3,502 | None Available |
Source: Bright MLS
MLS Number: MDWC2017894
APN: 04-008529
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