NOT LISTED FOR SALE

7037 Forest Grove Rd Parsonsburg, MD 21849

Estimated Value: $43,184 - $156,000

0.5 Acre
$158,592 Price per Acre
21,780 Sq Ft Lot

Last Sold April 13, 2018

Last sale price $25,000

Est. 213% increase in value since last sale

Current estimated payment $453/month

728 Days on Market

About This Lot

As of April 2018

Almost totally cleared lot with 4'' well and permit for replacement septic system. This location is tucked away between RT 50 and Old Ocean City Rd in Parsonsburg. Nothing close to this price available!

Last Agent to Sell the Property

Rusty Molnar

Keller Williams Realty Delmarva Listed on: 03/28/2016

Keller Williams Realty Delmarva

Last Buyer's Agent

Rusty Molnar

Keller Williams Realty Delmarva Listed on: 03/28/2016

Keller Williams Realty Delmarva

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $298

Lot Details

  • 0.5 Acre Lot
  • Cleared Lot
  • Property is zoned A-1, AR

Location

  • Flood Risk

Schools

  • Beaver Run Elementary School
  • Wicomico Middle School
  • Wicomico High School

Utilities

  • Well
  • Septic Permit Issued
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 000331

Property Details

Property Type

Land

Est. Annual Taxes

$298

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Current Use: Residential
  • Federal Flood Insurance: Yes
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Almost totally cleared lot with 4'' well and permit for replacement septic system. This location is tucked away between RT 50 and Old Ocean City Rd in Parsonsburg. Nothing close to this price available!
  • Special Features: None

Interior Features

  • Street Number Modifier: 7037

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: No Sewer System, Septic Permit Issued
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WICOMICO COUNTY PUBLIC SCHOOLS
  • Elementary School: BEAVER RUN
  • Middle School: WICOMICO
  • High School: WICOMICO
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138751831
  • Elementary School: BEAVER RUN
  • High School: WICOMICO
  • Middle Or Junior School: WICOMICO

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 0.50
  • Possible Use: Residential
  • Zoning: A-1
  • Zoning Description: AR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5328922
  • Assessor Parcel Number: 000331
  • County Tax Payment Frequency: Annually
  • Close Date: 04/13/2018

Multi Family

  • Federal Flood Zone: C

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2016
Closed on
Apr 13, 2018
Sold by
Armstrong Addie N
Bought by
Dimarino Joseph F
Seller's Agent
Rusty Molnar
Keller Williams Realty Delmarva
Buyer's Agent
Rusty Molnar
Keller Williams Realty Delmarva
List Price
$29,750
Sold Price
$25,000
Premium/Discount to List
-$4,750
-15.97%
Current Estimated Value
$78,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,157
Avg. Annual Appreciation
12.28%
Original Mortgage
$1,514
Interest Rate
4.43%
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
Dimarino Joseph F $25,000 Acquest Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dimarino Joseph F $1,514
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2018 04/13/18 Sold $25,000 +0.4% --
03/27/2018 03/27/18 Pending -- -- --
11/20/2017 11/20/17 Price Changed $24,900 -16.3% --
03/28/2016 03/28/16 For Sale $29,750 -- --
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 $298 $31,067 $0 $0
2023 $274 $27,733 $0 $0
2022 $249 $24,400 $24,400 $0
2021 $215 $21,067 $0 $0
2020 $183 $17,733 $0 $0
2019 $151 $14,400 $14,400 $0
2018 $211 $14,400 $14,400 $0
2017 $260 $14,400 $0 $0
2016 -- $24,400 $0 $0
2015 $300 $24,400 $0 $0
2014 $300 $24,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rusty Molnar

    Seller's Agent in 2018

    Rusty Molnar

    Keller Williams Realty Delmarva

    (410) 726-2095

    10 in this area

    113 Total Sales

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Map

Source: Bright MLS

MLS Number: 1000862936

Bright MLS

APN: 04-000331

Maryland Wicomico County Parsonsburg 21849

7037 Forest Grove Rd, Parsonsburg, MD

This home is located at 7037 Forest Grove Rd, Parsonsburg, MD 21849 since 28 March 2016 and is currently estimated at $79,296. 7037 Forest Grove Rd is a home located in Wicomico County with nearby schools including Willards Elementary School, Pittsville Elementary/Middle School, and Parkside High School.

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