NOT LISTED FOR SALE

332 Cottonwood Dr Fruitland, MD 21826

Estimated Value: $345,000 - $378,000

0.17 Acre
$2,116,135 Price per Acre
3,816 Sq Ft Lot

Last Sold June 27, 2019

Last sale price $17,500

Est. 1,956% increase in value since last sale

Current estimated payment $2,171/month

About This Lot

As of June 2019

Great Investment opportunity! Two homes on the ones lot with plans that have been approved by the City. With downstairs bedroom & full bath. HOA fees for the 2 locations in an existing community - Bring your builder! Plans must be approved by the Seller. Seller will look at all offers! Close to Fire and Police Stations. For full plat of the neighborhood see MLS# 495347. Sale includes 334 Cottonwood Dr.

Last Agent to Sell the Property

Laurie Cannon

ERA Martin Associates License #520457 Listed on: 07/21/2016

ERA Martin Associates

Co-Listed By

Bill Martin

ERA Martin Associates

Last Buyer's Agent

Chris Gilkerson

NAI Coastal

NAI Coastal

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $320

Lot Details

  • 3,816 Sq Ft Lot
  • Cleared Lot
  • Property is zoned R3, R3

HOA Fees

  • $38 Monthly HOA Fees

Location

  • Flood Risk

Schools

  • Fruitland Elementary School
  • Bennett Middle School
  • Parkside High School

Utilities

  • Water Service Lateral Not Installed
  • Lateral or Tap On-Site

Community Details

  • Cedar Commons Business Trust HOA
  • Cedar Commons Subdivision

Listing and Financial Details

  • Tax Lot 4494
  • Assessor Parcel Number 16-045160

Property Details

Property Type

Land

Est. Annual Taxes

$320

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Current Use: Residential
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Great Investment opportunity! Two homes on the ones lot with plans that have been approved by the City. With downstairs bedroom & full bath. HOA fees for the 2 locations in an existing community - Bring your builder! Plans must be approved by the Seller. Seller will look at all offers! Close to Fire and Police Stations. For full plat of the neighborhood see MLS# 495347. Sale includes 334 Cottonwood Dr.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 6.55
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 332

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: Lateral/Tap On Site
  • Water Source: Lateral Not Installed/Must Tap Off Main, Public

Condo/Co-op/Association

  • HOA Fees: 458.16
  • HOA Fee Frequency: Annually
  • HOA Name: CEDAR COMMONS BUSINESS TRUST
  • HOA: Yes

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Cleared
  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3816.00
  • Possible Use: Residential
  • Year Assessed: 2017
  • Zoning: R3
  • Zoning Description: R3
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5370631
  • Tax Annual Amount: 320.00
  • Assessor Parcel Number: 16-045160
  • Tax Lot: 4494
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017
  • Close Date: 06/27/2019

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2021
Sold by
D R Horton Inc
Bought by
Johnson Terrence and Johnson Tiffany E
Current Estimated Value
$359,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,045
Outstanding Balance
$243,209
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$114,172

Purchase Details

Closed on
Nov 3, 2020
Sold by
Amber Ridge Ii Llc
Bought by
D Horton Inc

Purchase Details

Listed on
Jul 21, 2016
Closed on
Jun 27, 2019
Sold by
Ruch Charles E and Stevens Donna J
Bought by
Amber Ridge Ii Llc
Seller's Agent
Laurie Cannon
ERA Martin Associates
Buyer's Agent
Chris Gilkerson
NAI Coastal
List Price
$25,000
Sold Price
$17,500
Premium/Discount to List
-$7,500
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.29%
Original Mortgage
$225,000
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 10, 2011
Sold by
Undisclosed
Bought by
Cedar Commons Business Trust

Purchase Details

Closed on
Jun 7, 2011
Sold by
East Fields Development Llc
Bought by
Cedar Commons Business Trust
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
Johnson Terrence $272,990 Bright Title & Settlement
D Horton Inc $168,000 Kirsh Title Services Inc
Amber Ridge Ii Llc $280,000 None Available
Cedar Commons Business Trust $1,352,663 --
Cedar Commons Business Trust $1,352,663 None Available
Cedar Commons Business Trust $1,352,663 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Terrence $268,045
Previous Owner Amber Ridge Ii Llc $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2019 06/27/19 Sold $17,500 -30.0% --
02/04/2019 02/04/19 Pending -- -- --
09/26/2018 09/26/18 For Sale $25,000 0.0% --
09/12/2018 09/12/18 Price Changed $25,000 -16.7% --
07/21/2016 07/21/16 For Sale $30,000 -- --
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 $2,597 $304,500 $0 $0
2024 $2,597 $270,900 $28,000 $242,900
2023 $2,645 $265,167 $0 $0
2022 $2,644 $259,433 $0 $0
2021 $89 $8,700 $8,700 $0
2020 $90 $8,700 $8,700 $0
2019 $167 $16,000 $16,000 $0
2018 $148 $16,000 $16,000 $0
2017 $170 $16,000 $0 $0
2016 $306 $16,000 $0 $0
2015 $306 $16,000 $0 $0
2014 $306 $16,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laurie Cannon

    Seller's Agent in 2019

    Laurie Cannon

    ERA Martin Associates

    (410) 251-2400

    20 in this area

    155 Total Sales

    Laurie Cannon
    Section Image

  • B

    Seller Co-Listing Agent in 2019

    Bill Martin

    ERA Martin Associates

    Section Image
  • Chris Gilkerson

    Buyer's Agent in 2019

    Chris Gilkerson

    NAI Coastal

    (410) 543-5115

    3 Total Sales

    Chris Gilkerson
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001562522

Bright MLS

APN: 16-045160

Maryland Wicomico County Fruitland 21826

332 Cottonwood Dr, Fruitland, MD

This home is located at 332 Cottonwood Dr, Fruitland, MD 21826 since 21 July 2016 and is currently estimated at $359,743. 332 Cottonwood Dr is a home located in Wicomico County with nearby schools including Fruitland Primary School, Fruitland Intermediate School, and Bennett Middle School.

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