NOT LISTED FOR SALE

Estimated Value: $65,000 - $371,000

50 Acres
$4,815 Price per Acre
2,167,981 Sq Ft Lot

Last Sold November 21, 2019

Last sale price $175,000 $151 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,346/month

288 Days on Market

About This Lot

As of November 2019

This home is located at 5260 Waste Gate Rd, Parsonsburg, MD 21849 since 24 January 2019 and is currently estimated at $239,667, approximately $207 per square foot. 5260 Waste Gate Rd is a home located in Wicomico County with nearby schools including Charles H. Chipman Elementary School, Glen Avenue Elementary School, and Wicomico Middle School.

Last Agent to Sell the Property

Jay Doaty

Coastal Resort Sales and Rent License #663605 Listed on: 01/24/2019

Coastal Resort Sales and Rent

Last Buyer's Agent

Frank Parks

Century 21 Home Team Realty License #RB-0020614

Century 21 Home Team Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $100

Lot Details

  • 49.77 Acre Lot
  • Additional Parcels
  • Property is zoned AR

Schools

  • Glen Avenue Elementary School
  • Wicomico Middle School
  • Parkside High School

Utilities

  • Private Water Source
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 85
  • Assessor Parcel Number 05-080304

Property Details

Property Type

Land

Est. Annual Taxes

$100

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Agriculture
  • New Construction: No
  • Federal Flood Zone: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.09
  • Street Number Modifier: 5260

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: Community Septic Tank, Private Septic Tank
  • Water Source: Private/Community Water

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WICOMICO COUNTY PUBLIC SCHOOLS
  • Elementary School: GLEN AVENUE
  • Middle School: WICOMICO
  • High School: PARKSIDE
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138751831
  • School District Source: 3rd Party
  • Elementary School: GLEN AVENUE
  • High School: PARKSIDE
  • Middle Or Junior School: WICOMICO

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 49.77
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2167981.00
  • Year Assessed: 2019
  • Zoning: AR
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5337389
  • Tax Annual Amount: 100.00
  • Assessor Parcel Number: 05-080304
  • Tax Lot: 85
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 11/21/2019

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2020
Sold by
Ziemski Jerome S
Bought by
Ziemski Jerome S
Current Estimated Value
$239,667

Purchase Details

Listed on
Jan 24, 2019
Closed on
Nov 21, 2019
Sold by
Eden Farm Usa Inc
Bought by
Ziemski Jerome S
Seller's Agent
Jay Doaty
Coastal Resort Sales and Rent
Buyer's Agent
Frank Parks
Century 21 Home Team Realty
List Price
$225,000
Sold Price
$175,000
Premium/Discount to List
-$50,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%

Purchase Details

Closed on
Feb 5, 2015
Sold by
Mp Enterprises Llc
Bought by
Eden Farm Usa Inc

Purchase Details

Closed on
May 11, 2007
Sold by
Wolcott Kimberly A Guardian For
Bought by
N & D Enterprises Inc

Purchase Details

Closed on
May 8, 2007
Sold by
Wolcott Kimberly A Guardian For
Bought by
N & D Enterprises Inc

Purchase Details

Closed on
Sep 6, 2002
Sold by
N & D Enterprises Inc
Bought by
Wolcott Kimberly A Guardian For
Source: Public Records

Range of Values:

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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
Ziemski Jerome S -- C/O Goldstar Title Co
Ziemski Jerome S $175,000 Goldstar Title Company
Eden Farm Usa Inc $185,000 None Available
N & D Enterprises Inc $50,000 --
N & D Enterprises Inc $50,000 --
Wolcott Kimberly A Guardian For $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wolcott Kimberly A Guardian For --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2019 11/21/19 Sold $175,000 -12.5% $151 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
10/10/2019 10/10/19 Price Changed $199,900 -11.2% $173 / Sq Ft
01/24/2019 01/24/19 For Sale $225,000 -- $194 / 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 $483 $47,500 $47,500 $0
2024 $483 $44,167 $0 $0
2023 $464 $40,833 $0 $0
2022 $442 $37,500 $37,500 $0
2021 $443 $37,500 $37,500 $0
2020 $447 $37,500 $37,500 $0
2019 $392 $37,500 $37,500 $0
2018 $454 $37,500 $37,500 $0
2017 $459 $37,500 $0 $0
2016 -- $37,500 $0 $0
2015 $537 $37,500 $0 $0
2014 $537 $37,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC101374

Bright MLS

APN: 05-111315