NOT LISTED FOR SALE

5307 Safe Harbor Way Salisbury, MD 21801

South Salisbury Neighborhood

Estimated Value: $90,000 - $308,000

0.34 Acre
$438,032 Price per Acre
14,739 Sq Ft Lot

Sale Details

Date Sold: August 4, 2022

Last sale price $80,000

Est. 86% increase in value since last sale

Current estimated payment $980 / mo

4 Days on Market

Highlights

  • Community Boat Dock
  • Water Access
  • Lake Privileges
  • Home fronts navigable water
  • Gated Community
  • Jogging Path

About This Lot

As of August 2022

Build your dream home in the gated, waterfront community of Village Down River, sited on the Wicomico River, designed to coexist with the natural environment. Enjoy the - community dock, boardwalk, hiking trails through forest and wetlands, the historically, renovated White Hall Plantation House for neighborhood gatherings, tucked away just minutes from shopping, dining, entertainment, and medical facilities in Downtown Salisbury; a quick trip to the bypass, but in your quiet neighborhood of lovely, diversely-customized homes. HOA dues - Lot: $300/Q or $1200/yr, Home: $486/Q or $1944/yr; SRF fee [SRF = sewer replacement fund, which is mandated by the county, is assessed to each lot every year]: $153/yr; Boat slip owners: $100/yr; Capital Contribution: $150. Sizes, taxes approximate. Owner is licensed realtor in the state of Maryland; agent has financial interest. Home/Lot Packages available. A few boatslips available. Sellers do not split transfer/recordation taxes and fees.

Last Agent to Sell the Property

Brandon Brittingham

(888) 860-7369 md.broker@exprealty.net EXP Realty, LLC License #623585 Listed on: 07/06/2022

EXP Realty, LLC

Last Buyer's Agent

Marco Smith

(855) 849-4663 marcosmithmdde@gmail.com Worthington Realty Group, LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,147

Lot Details

  • 14,739 Sq Ft Lot
  • Home fronts navigable water
  • Property is zoned R 20

HOA Fees

  • $100 Monthly HOA Fees

Location

  • Flood Risk

Utilities

  • Well
  • Septic Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 2316049808

Community Details

Overview

  • Association fees include common area maintenance, security gate, pier/dock maintenance, recreation facility
  • $13 Other Monthly Fees
  • Village Down River Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Recreation Room

Recreation

  • Community Boat Dock
  • Pier or Dock
  • Jogging Path
  • Water Access
  • River Nearby
  • Lake Privileges

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,147

Lot Details

0.34 Acres

HOA Fees

$100 per month

Listing Details

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

Interior Features

  • Price Per Sq Ft: 5.77

Exterior Features

  • Construction Completed: No
  • Water Access: Yes
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • 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: Well

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 300.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Common Grounds, Gated Community, Jog/Walk Path, Picnic Area, Pier/Dock, Recreational Center, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Security Gate, Pier/Dock Maintenance, Recreation Facility
  • HOA: No

Fee Information

  • Other Fees: 12.75
  • Other Fees Frequency: Monthly

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.34
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14739.00
  • Possible Use: Residential
  • Zoning: R 20
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5836757
  • Tax Annual Amount: 1147.00
  • Assessor Parcel Number: 2316049808
  • Tax Lot: 47
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Federal Flood Zone: ae

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Jul 28, 2022
Sold by
Bought by
Seller's Agent
Brandon Brittingham
EXP Realty, LLC
Buyer's Agent
Marco Smith
Worthington Realty Group, LLC
List Price
$85,000
Sold Price
$80,000
Premium/Discount to List
-$5,000
-5.88%
Current Estimated Value
$148,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,931
Avg. Annual Appreciation
16.50%

Purchase Details

Closed on
Jun 30, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.09%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in South Salisbury, MD

  • Dustin Oldfather Real Estate Agent - Compass

    Dustin Oldfather

    Compass

    (302) 393-2276

    1,401 Total Sales

    17 in South Salisbury

    $200K - $590K Price Range

    Dustin Oldfather
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  • Laurie Cannon Real Estate Agent - ERA Martin Associates

    Laurie Cannon

    ERA Martin Associates

    (410) 936-3324

    133 Total Sales

    61 in South Salisbury

    $20K - $1.1M Price Range

    Laurie Cannon
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  • Holly Worthington Real Estate Agent - Worthington Realty Group, LLC

    Holly Worthington

    Worthington Realty Group, LLC

    (443) 493-7652

    163 Total Sales

    44 in South Salisbury

    $35K - $789K Price Range

    Holly Worthington
     Section Image
  • Kimberly Bounds Real Estate Agent - Coldwell Banker Realty

    Kimberly Bounds

    Coldwell Banker Realty

    (410) 896-1073

    54 Total Sales

    1 in South Salisbury

    $905,000 Price

    Kimberly Bounds
     Section Image
  • Carolyn Quelly Real Estate Agent - Integrity Real Estate

    Carolyn Quelly

    Integrity Real Estate

    (484) 314-3567

    85 Total Sales

    1 in South Salisbury

    $385,000 Price

    Carolyn Quelly
     Section Image
  • Richard Price Real Estate Agent - Real Broker, LLC

    Richard Price

    Responds Quickly

    Real Broker, LLC

    (302) 248-4388

    76 Total Sales

    1 in South Salisbury

    $366,871 Price

    Richard Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$80,000 Montemuro Paul R
$862,500 Cockey Bremnan & Maloney Pc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $900,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/04/2022 08/04/22 Sold $80,000 -5.9% --
07/10/2022 07/10/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $85,000 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $760 $83,200 $83,200 $0
2025 $760 $83,200 $83,200 $0
2024 $1,066 $111,200 $111,200 $0
2023 $1,099 $111,200 $111,200 $0
2022 $1,133 $111,200 $111,200 $0
2021 $1,137 $111,200 $111,200 $0
2020 $1,147 $111,200 $111,200 $0
2019 $1,164 $111,200 $111,200 $0
2018 $1,398 $111,200 $111,200 $0
2017 $1,311 $127,233 $0 $0
2016 -- $123,267 $0 $0
2015 $928 $119,300 $0 $0
2014 $928 $119,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brandon Brittingham Real Estate Agent - EXP Realty, LLC

    Seller's Agent in 2022

    Brandon Brittingham

    EXP Realty, LLC

    (443) 783-3928

    133 in this area

    650 Total Sales

    Brandon Brittingham
    Section Image
  • Marco Smith Real Estate Agent - Worthington Realty Group, LLC

    Buyer's Agent in 2022

    Marco Smith

    Worthington Realty Group, LLC

    (410) 390-1696

    17 in this area

    116 Total Sales

    Marco Smith
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWC2005886

Bright MLS

APN: 16-049808

Maryland Wicomico County Salisbury 21801 South Salisbury

5307 Safe Harbor Way, Salisbury, MD

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