NOT LISTED FOR SALE

Estimated Value: $17,924 - $98,000

0.1 Acre
$502,310 Price per Acre
4,320 Sq Ft Lot

Last Sold June 30, 2023

Last sale price $17,000

Est. 195% increase in value since last sale

Current estimated payment $276/month

298 Days on Market

About This Lot

As of June 2023

Rare opportunity to secure a buildable lot in a transitioning block before prices increase! Situated less than 1000 feet from the marina, this certified buildable lot is in a prime location to take advantage of all of the coming development to the area. Redevelopment plans to the marina include 76 new apartment units, a boathouse, retail and restaurant space and more!! Green Street Housing is also slated to begin construction on an 8 story apartment complex not far from Pearl Street, only adding to the value of the property. Take advantage of the close proximity of this lot to all the happenings! Perfect opportunity to build a new house, rental property, or hold onto the land before property values start reflecting all of the changes to the area.

*Number of material permit and impact fees are waived for qualifying individuals. Speak with your agent or call Aubrey Campbell for more information.

Last Agent to Sell the Property

Bret Davis

Keller Williams Realty Delmarva Listed on: 08/22/2022

Keller Williams Realty Delmarva

Co-Listed By

Aubrey Campbell

Keller Williams Realty Delmarva License #5005561

Last Buyer's Agent

Nafiseh Bozorgi-Fashand

Samson Properties License #5010294

Samson Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17

Lot Details

  • 4,320

Additional Features

  • 4,320 Sq Ft Lot
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2309052593

Property Details

Property Type

Land

Est. Annual Taxes

$17

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 4.61
  • Street Number Modifier: 614

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 Hook-Up Available

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WICOMICO COUNTY PUBLIC SCHOOLS
  • School District Key: 121138751831
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4320.00
  • Year Assessed: 2022
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 47.70
  • Assessor Parcel Number: 2309052593
  • Tax Year: 2023
  • Close Date: 06/30/2023

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Jun 28, 2023
Sold by
Bleech Nestor T
Bought by
Farhoodi Mollayosef Afshin
Seller's Agent
Bret Davis
Keller Williams Realty Delmarva
Buyer's Agent
Nafiseh Bozorgi-Fashand
Samson Properties
List Price
$19,900
Sold Price
$17,000
Premium/Discount to List
-$2,900
-14.57%
Views
470
Current Estimated Value
$50,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,231
Avg. Annual Appreciation
57.22%

Purchase Details

Closed on
May 23, 2022
Sold by
Oland Pamela B
Bought by
Bleech Nestor T

Purchase Details

Closed on
Jun 29, 1979
Sold by
Marshall James R and Marshall Nellie H
Bought by
Handy William P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000
Interest Rate
11.1%
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
Farhoodi Mollayosef Afshin $17,000 Assurance Title
Bleech Nestor T $24,759 None Listed On Document
Handy William P $800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Handy William P $1,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $17,000 -14.6% --
06/16/2023 06/16/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $19,900 0.0% --
03/10/2023 03/10/23 Pending -- -- --
02/04/2023 02/04/23 Price Changed $19,900 -11.6% --
08/22/2022 08/22/22 For Sale $22,500 -- --
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
2024 $17 $1,800 $1,800 $0
2023 $18 $1,800 $1,800 $0
2022 $18 $1,800 $1,800 $0
2021 $18 $1,800 $1,800 $0
2020 $19 $1,800 $1,800 $0
2019 $19 $1,800 $1,800 $0
2018 $97 $1,800 $1,800 $0
2017 $56 $1,800 $0 $0
2016 -- $1,800 $0 $0
2015 $132 $4,500 $0 $0
2014 $132 $4,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC2006526

Bright MLS

APN: 09-052593