NOT LISTED FOR SALE

Estimated Value: $610,000 - $838,000

0.39 Acre
$1,899,126 Price per Acre
16,988 Sq Ft Lot

Last Sold October 26, 2016

Last sale price $149,900

Est. 394% increase in value since last sale

Current estimated payment $4,415/month

Highlights

  • Multiple Slip
  • Water Access
  • Cul-De-Sac
  • Home fronts navigable water
  • Creek or Stream View
  • Creek or Stream

About This Lot

As of October 2016

Beautiful riverview lot located on cul-de-sac w/wooded backyard lends to lots of privacy for entertaining. A gated ''green community'' on the Wicomico River designed to coexist with the natural environment, The Village Down River offers private boat slips at the community dock,1/3 mile of lighted boardwalk , over 2 miles of hiking trails through forest and pristine wetlands, the historically, renovated White Hall Plantation House for neighborhood gatherings and the convenience of being only a few minutes from downtown Salisbury and emergency services.100 % financing w/15 amortizing .SELLER WILL PAY BUYERS SETTLEMENT COST !!!. No builder tie in, no deadline to build and lot maintained by developer until build.

Last Agent to Sell the Property

Stephen Pusey

(443) 978-3330 steve@thevillagedownriver.com Long & Foster Real Estate, Inc. Listed on: 08/05/2013

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Stephen Pusey

(443) 978-3330 steve@thevillagedownriver.com Long & Foster Real Estate, Inc. Listed on: 08/05/2013

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,783

Lot Details

  • 0.39 Acre Lot
  • Home fronts navigable water
  • Creek or Stream
  • Cul-De-Sac
  • Cleared Lot
  • Zoning described as R20

HOA Fees

  • $49 Monthly HOA Fees

Property Views

  • Creek or Stream Views

Schools

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

Utilities

  • Well Permit Not Applied For
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 049328

Community Details

Recreation

  • Water Access
  • Multiple Slip

Property Details

Property Type

Land

Est. Annual Taxes

$5,783

Lot Details

0

HOA Fees

$49 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Current Use: Residential
  • Historic: No
  • New Construction: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 9.34

Exterior Features

  • Construction Completed: No
  • View: Creek/Stream, Water
  • Water Access: Yes
  • Water Body Type: Creek/Stream
  • Water Frontage Type: Creek
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Well Permit Not Applied For

Condo/Co-op/Association

  • HOA Fees: 590.00
  • HOA Fee Frequency: Annually
  • HOA: Yes

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
  • Elementary School: FRUITLAND
  • High School: JAMES M. BENNETT
  • Middle Or Junior School: BENNETT

Lot Info

  • Lot Features: Cleared, Cul-De-Sac
  • Lot Size Acres: 0.39
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17129.00
  • Possible Use: Residential
  • Zoning Description: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5836713
  • Assessor Parcel Number: 049328
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Close Date: 10/26/2016

Multi Family

  • Federal Flood Zone: C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2018
Sold by
Shakur Asif M and Shakur Lucie L
Bought by
Shakur Sophia F
Current Estimated Value
$740,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$625,579
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$115,080

Purchase Details

Closed on
Jun 10, 2016
Sold by
Terra Firma Llc
Bought by
Shakur Asif M and Shakur Lucie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,195
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage
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
Shakur Sophia F $106,579 None Available
Shakur Asif M $143,550 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shakur Sophia F $720,000
Previous Owner Shakur Asif M $129,195
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2016 10/26/16 Sold $149,900 -21.1% --
09/28/2016 09/28/16 Pending -- -- --
08/07/2013 08/07/13 For Sale $190,000 -- --
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 $5,783 $630,367 $0 $0
2024 $5,783 $603,100 $144,900 $458,200
2023 $5,493 $555,567 $0 $0
2022 $5,177 $508,033 $0 $0
2021 $4,689 $460,500 $144,900 $315,600
2020 $4,671 $452,933 $0 $0
2019 $1,342 $128,233 $0 $0
2018 $1,427 $124,900 $124,900 $0
2017 $1,331 $130,000 $0 $0
2016 -- $125,100 $0 $0
2015 $931 $120,200 $0 $0
2014 $931 $120,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000862494

Bright MLS

APN: 16-049328