NOT LISTED FOR SALE

5314 Safe Harbor Way Salisbury, MD 21801

South Salisbury Neighborhood

Estimated Value: $859,488

0.4 Acre
$2,148,720 Price per Acre
17,424 Sq Ft Lot

Last Sold February 12, 2021

Last sale price $127,000

Est. 577% increase in value since last sale

Current estimated payment $5,199/month

Highlights

  • Boat Dock
  • Gated Community
  • Waterfront
  • Access to Tidal Water
  • River View
  • Stream or River on Lot

About This Lot

As of February 2021

Welcome to the Village Down River! This lovely waterfront lot on the Wicomico River with a partially wooded backyard is ready and waiting for you to build the home of your dreams. There is no builder tie-in and the purchase includes a deeded boat slip (D22). VDR is a beautiful gated "green community" surrounded by trails and pristine wetlands. The neighborhood is situated in a great location just minutes from downtown Salisbury, Salisbury University and PRMC and a short jaunt to OC, Berlin and area beaches. Take a drive to the Village Down River and check it out today!

Last Agent to Sell the Property

Frances Sterling

(410) 603-0928 Frances@MySterlingProperties.com ERA Martin Associates License #RS-0024235 Listed on: 08/20/2020

ERA Martin Associates

Last Buyer's Agent

Darron Whitehead

(410) 726-4133 whiteheadre@comcast.net Whitehead Real Estate Exec. License #RB-0003579

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,420

Lot Details

  • 0.4 Acre Lot
  • Waterfront
  • Cleared Lot
  • Backs to Trees or Woods
  • Property is zoned R 20

HOA Fees

  • $100 Monthly HOA Fees

Schools

  • Fruitland Elementary School
  • Bennett Middle School
  • James M. Bennett High School

Utilities

  • Well Required
  • Septic Tank
  • Community Sewer or Septic

Additional Features

  • River Views
  • Flood Risk

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 16-049344

Community Details

Overview

  • $150 Capital Contribution Fee
  • Association fees include common area maintenance, pier/dock maintenance, security gate, sewer
  • $13 Other Monthly Fees
  • Village Down River Condos
  • Village Down River Subdivision

Recreation

  • Boat Dock
  • Pier or Dock
  • Community Playground
  • Access to Tidal Water
  • Water Oriented
  • River Nearby
  • Stream or River on Lot

Additional Features

  • Community Center
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,420

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Inclusions: Boat Slip
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to the Village Down River! This lovely waterfront lot on the Wicomico River with a partially wooded backyard is ready and waiting for you to build the home of your dreams. There is no builder tie-in and the purchase includes a deeded boat slip (D22). VDR is a beautiful gated "green community" surrounded by trails and pristine wetlands. The neighborhood is situated in a great location just minutes from downtown Salisbury, Salisbury University and PRMC and a short jaunt to OC, Berlin and area beaches. Take a drive to the Village Down River and check it out today!
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 8.39
  • Street Number Modifier: 5314

Exterior Features

  • Construction Completed: No
  • View: River, Water
  • Water Access: No
  • Water Body Name: Wicomico River
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Tidal Water: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Well Required

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 300.00
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Village Down River
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Community Center, Gated Community, Tot Lots/Playground, Pier/Dock
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pier/Dock Maintenance, Security Gate, Sewer
  • HOA: No

Fee Information

  • Other Fees: 153.00
  • Other Fees Frequency: Annually
  • Capital Contribution Fee: 150.00

Schools

  • School District: WICOMICO COUNTY PUBLIC SCHOOLS
  • Elementary School: FRUITLAND
  • Middle School: BENNETT
  • High School: JAMES M. BENNETT
  • 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: JAMES M. BENNETT
  • Middle Or Junior School: BENNETT

Lot Info

  • Additional Parcels: No
  • Lot Features: Cleared, Backs To Trees
  • Lot Size Acres: 0.40
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17631.00
  • Year Assessed: 2020
  • Zoning: R 20
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5836715
  • Tax Annual Amount: 1420.00
  • Assessor Parcel Number: 16-049344
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 02/12/2021

Multi Family

  • Federal Flood Zone: AE

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Feb 12, 2021
Sold by
Snitzer Jack L and Snitzer Danielle S
Bought by
Hunt Shawn D and Hunt Elizabeth A
Seller's Agent
Frances Sterling
ERA Martin Associates
Buyer's Agent
Darron Whitehead
Whitehead Real Estate Exec.
List Price
$148,000
Sold Price
$127,000
Premium/Discount to List
-$21,000
-14.19%
Current Estimated Value
$859,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$732,488
Avg. Annual Appreciation
50.08%
Original Mortgage
$106,400
Outstanding Balance
$86,652
Interest Rate
2.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$772,836

Purchase Details

Listed on
Jul 21, 2018
Closed on
Feb 8, 2019
Sold by
Burris Stephen D and Burris Bonni L
Bought by
Snitzer Jack L and Snitzer Danielle S
Seller's Agent
Melissa Burns
Long & Foster Real Estate, Inc.
Buyer's Agent
Frances Sterling
ERA Martin Associates
List Price
$149,500
Sold Price
$144,900
Premium/Discount to List
-$4,600
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.35%

Purchase Details

Listed on
Sep 10, 2017
Closed on
Feb 15, 2018
Sold by
Terra Firma Llc
Bought by
Burris Stephen D and Burris Bonni L
Seller's Agent
Stephen Pusey
Long & Foster Real Estate, Inc.
Buyer's Agent
Melissa Burns
Long & Foster Real Estate, Inc.
List Price
$149,500
Sold Price
$148,000
Premium/Discount to List
-$1,500
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.20%
Original Mortgage
$454,050
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Hunt Shawn D $127,000 Real Estate Title & Escrow
Snitzer Jack L $144,900 Delmarva Title
Burris Stephen D $148,000 Delmarva Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunt Shawn D $106,400
Previous Owner Burris Stephen D $454,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2021 02/12/21 Sold $127,000 -14.2% --
12/10/2020 12/10/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $148,000 +2.1% --
02/08/2019 02/08/19 Sold $144,900 -3.1% -- View Prior Sale
07/21/2018 07/21/18 For Sale $149,500 +1.0% --
02/27/2018 02/27/18 Sold $148,000 -1.0% -- View Prior Sale
12/11/2017 12/11/17 Pending -- -- --
09/10/2017 09/10/17 For Sale $149,500 -- --
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 $7,086 $778,767 $0 $0
2024 $7,086 $739,100 $146,500 $592,600
2023 $6,412 $648,533 $0 $0
2022 $1,391 $136,500 $136,500 $0
2021 $1,395 $136,500 $136,500 $0
2020 $1,373 $133,167 $0 $0
2019 $1,359 $129,833 $0 $0
2018 $1,496 $126,500 $126,500 $0
2017 $1,537 $136,500 $0 $0
2016 -- $136,500 $0 $0
2015 $960 $144,500 $0 $0
2014 $960 $144,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Frances Sterling

    Seller's Agent in 2021

    Frances Sterling

    ERA Martin Associates

    (410) 603-0928

    117 in this area

    202 Total Sales

    Frances Sterling
    Section Image
  • Darron Whitehead

    Buyer's Agent in 2021

    Darron Whitehead

    Whitehead Real Estate Exec.

    (410) 726-4133

    104 in this area

    326 Total Sales

    Darron Whitehead
    Section Image

  • M

    Seller's Agent in 2019

    Melissa Burns

    Long & Foster

    (443) 366-6389

    5 in this area

    12 Total Sales

    Melissa Burns
    Section Image

  • S

    Seller's Agent in 2018

    Stephen Pusey

    Long & Foster

    Section Image
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Map

Source: Bright MLS

MLS Number: MDWC109394

Bright MLS

APN: 16-049344

Maryland Wicomico County Salisbury 21801 South Salisbury

5314 Safe Harbor Way, Salisbury, MD

This home is located at 5314 Safe Harbor Way, Salisbury, MD 21801 since 20 August 2020 and is currently priced at $859,488. 5314 Safe Harbor Way 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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