NOT LISTED FOR SALE

36136 Layton Ln Willards, MD 21874

Estimated Value: $145,000 - $540,000

91 Acres
$3,311 Price per Acre
3,963,960 Sq Ft Lot

Last Sold July 03, 2023

Last sale price $469,000

Est. 36% decrease in value since last sale

Current estimated payment $1,615/month

130 Days on Market

Highlights

  • Panoramic View
  • Partially Wooded Lot
  • No HOA
  • 91 Acre Lot
  • Pole Barn
  • Additional Land

About This Lot

As of July 2023

91 +/- acres located adjacent to 500 Acres of Chesapeake Forest which provides the perfect amount of wildlife and seclusion for that special place out in the country, but literally a few miles from town. 20 Mins to Ocean City, and 15 Mins to Salisbury. Land consist of two parcels. One house is little to no value.

Last Agent to Sell the Property

Shawn Kotwica

(724) 840-0572 shawn.kotwica@cbmove.com Coldwell Banker Realty License #653192 Listed on: 01/23/2023

Coldwell Banker Realty

Last Buyer's Agent

Shawn Kotwica

(724) 840-0572 shawn.kotwica@cbmove.com Coldwell Banker Realty License #653192 Listed on: 01/23/2023

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $569

Lot Details

  • 91 Acre Lot
  • Rural Setting
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Additional Land
  • Additional Parcels
  • Property is zoned AR

Schools

  • Parkside High School

Utilities

  • Private Water Source
  • On Site Septic
  • Phone Available

Additional Features

  • Panoramic Views
  • Flood Risk

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 14003940

Community Details

Overview

  • No Home Owners Association

Recreation

  • Pole Barn

Property Details

Property Type

Land

Est. Annual Taxes

$569

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Agriculture, Vacant
  • Historic: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.13

Exterior Features

  • Other Structures List: Pole Barn
  • Construction Completed: No
  • Road Surface Type: Black Top
  • View: Panoramic
  • 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, Phone Available
  • Water Source: Private/Community Water

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent
  • High School: PARKSIDE

Lot Info

  • Wooded Acres: 3.00
  • Additional Parcels: Yes
  • Lot Features: Additional Lot(s), Backs To Trees, Partly Wooded, Rural
  • Lot Size Acres: 91.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3963960.00
  • Zoning: AR
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 569.00
  • Assessor Parcel Number: 14003940
  • Tax Lot: 55
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

Multi Family

  • Federal Flood Zone: X

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2023
Closed on
Jun 29, 2023
Sold by
Rouse Andrew Justin and Denessa Janae
Bought by
Gray Thomas and Gray Frances
Seller's Agent
Shawn Kotwica
Coldwell Banker Realty
Buyer's Agent
Shawn Kotwica
Coldwell Banker Realty
List Price
$546,000
Sold Price
$469,000
Premium/Discount to List
-$77,000
-14.1%
Views
77
Current Estimated Value
$301,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$167,656
Avg. Annual Appreciation
-15.81%

Purchase Details

Closed on
Mar 17, 2023
Sold by
Holloway Robert E
Bought by
Williams Allen Craig and Williams Christina Lynn

Purchase Details

Listed on
Mar 13, 2021
Closed on
Apr 26, 2021
Sold by
Holloway Edna Faye and Lopez Edna Faye
Bought by
Rouse Andrew Justin and Rouse Denessa Janae
Seller's Agent
Rusty Molnar
Keller Williams Realty Delmarva
Buyer's Agent
Rusty Molnar
Keller Williams Realty Delmarva
List Price
$159,900
Sold Price
$525,000
Premium/Discount to List
$365,100
228.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.05%
Original Mortgage
$325,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2018
Sold by
Dize Patricia Ann and Mariner Patricia Ann
Bought by
Holloway Edna Faye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Gray Thomas $496,000 None Listed On Document
Williams Allen Craig $55,000 Community Title Network
Williams Allen Craig $55,000 Community Title Network
Rouse Andrew Justin $525,000 None Available
Holloway Edna Faye $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rouse Andrew Justin $325,000
Previous Owner Holloway Edna Faye $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2023 07/03/23 Sold $469,000 -5.4% --
05/23/2023 05/23/23 Price Changed $496,000 -9.2% --
01/23/2023 01/23/23 For Sale $546,000 +4.0% --
04/30/2021 04/30/21 Sold $525,000 -4.5% $5,250 / Sq Ft View Prior Sale
03/19/2021 03/19/21 Price Changed $549,800 +243.8% $5,498 / Sq Ft
03/14/2021 03/14/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $159,900 -- $1,599 / 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 $610 $60,200 $39,900 $20,300
2024 $623 $58,733 $0 $0
2023 $626 $57,267 $0 $0
2022 $569 $55,800 $39,900 $15,900
2021 $628 $55,600 $0 $0
2020 $631 $55,400 $0 $0
2019 $578 $55,200 $39,900 $15,300
2018 $810 $71,300 $39,900 $31,400
2017 $866 $71,300 $0 $0
2016 -- $75,800 $0 $0
2015 $745 $75,800 $0 $0
2014 $745 $75,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC2008206

Bright MLS

APN: 14-005706