NOT LISTED FOR SALE

403 E Chestnut St Delmar, MD 21875

North Salisbury Neighborhood

Estimated Value: $196,000 - $262,000

0.19 Acre
$1,216,379 Price per Acre
8,120 Sq Ft Lot

Last Sold February 27, 2013

Last sale price $5,000 $4 Per Sq Ft

Est. 4,522% increase in value since last sale

Current estimated payment $1,313/month

167 Days on Market

About This Lot

As of February 2013

Cleared building lot at an affordable price in town limits of Delmar. Water and sewer impact waived, Contact agent for further details.

Last Agent to Sell the Property

Brandon Brittingham

(443) 783-3928 moorebrittingham@gmail.com EXP Realty, LLC License #623585 Listed on: 08/14/2012

EXP Realty, LLC

Last Buyer's Agent

Brandon Brittingham

(443) 783-3928 moorebrittingham@gmail.com EXP Realty, LLC License #623585 Listed on: 08/14/2012

EXP Realty, LLC

Property Details

Property Type

  • Land

Lot Details

  • 8,120 Sq Ft Lot
  • Cleared Lot
  • Property is zoned R1

Schools

  • Delmar Elementary School

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 7228

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Historic: No
  • New Construction: No
  • Special Features: 20

Interior Features

  • Price Per Sq Ft: 0.72

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: Public Hook/Up Avail
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • Elementary School: DELMAR

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8120.00
  • Possible Use: Residential
  • Zoning: R1
  • Zoning Description: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 7228
  • Tax Lot: 30
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2014
Sold by
Shorecut Lawn Care Llc
Bought by
Mosley Tynisha
Current Estimated Value
$231,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,728
Outstanding Balance
$89,801
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$141,311

Purchase Details

Listed on
Aug 14, 2012
Closed on
Feb 22, 2013
Sold by
Us Bank National Association
Bought by
Shorecut Lawn Care Llc
Seller's Agent
Brandon Brittingham
EXP Realty, LLC
Buyer's Agent
Brandon Brittingham
EXP Realty, LLC
List Price
$12,350
Sold Price
$5,000
Premium/Discount to List
-$7,350
-59.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.79%

Purchase Details

Closed on
Aug 14, 2012
Sold by
Slate Bruce D and Rimkis Tiffany
Bought by
Us Bank National Association

Purchase Details

Closed on
Sep 20, 2005
Sold by
Rimkis Joseph K and Rimkis Laura K
Bought by
Slate Bruce D and Rimkis Tiffany M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,400,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2005
Sold by
Rimkis Joseph K and Rimkis Laura K
Bought by
Slate Bruce D and Rimkis Tiffany M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,400,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mosley Tynisha $119,900 Mid Atlantic Title & Escrow
Shorecut Lawn Care Llc $5,000 Crown Title Corporation
Us Bank National Association $44,000 None Available
Slate Bruce D $44,000 --
Slate Bruce D $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mosley Tynisha $117,728
Previous Owner Slate Bruce D $4,400,000
Previous Owner Slate Bruce D $4,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2013 02/27/13 Sold $5,000 -59.5% $4 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
08/14/2012 08/14/12 For Sale $12,350 -- $10 / 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 $1,271 $159,767 $0 $0
2024 $1,262 $142,233 $0 $0
2023 $1,233 $124,700 $21,500 $103,200
2022 $1,244 $122,100 $0 $0
2021 $1,175 $119,500 $0 $0
2020 $1,175 $116,900 $21,500 $95,400
2019 $1,140 $114,867 $0 $0
2018 $1,095 $112,833 $0 $0
2017 $1,043 $110,800 $0 $0
2016 $512 $99,900 $0 $0
2015 $512 $89,000 $0 $0
2014 $512 $78,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brandon Brittingham

    Seller's Agent in 2013

    Brandon Brittingham

    EXP Realty, LLC

    (443) 783-3928

    165 in this area

    810 Total Sales

    Brandon Brittingham
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Map

Source: Bright MLS

MLS Number: 1001177024

Bright MLS

APN: 11-007228

Maryland Wicomico County Delmar 21875 North Salisbury

403 E Chestnut St, Delmar, MD

Not Listed for Sale

Lots

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