NOT LISTED FOR SALE

7252 State St Willards, MD 21874

Estimated Value: $86,011 - $108,000

0.44 Acre
$210,802 Price per Acre
19,166 Sq Ft Lot

Last Sold February 16, 2024

Last sale price $80,000 $53 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $514/month

318 Days on Market

About This Lot

As of February 2024

Rare investment opportunity in the town of Willards. Multi use zoning- please
contact town of Willards to verify use. Possibility for subdivision. Great location for a business with an apartment above. Seller will consider owner financing. City sewer and water already in place.

Last Agent to Sell the Property

Tamar Nazarian

(240) 543-3233 tamar.residential@gmail.com Coastal Life Realty Group LLC Listed on: 03/06/2023

Last Buyer's Agent

Cam Bunting

(410) 713-2065 cam@buntingrealty.com Bunting Realty, Inc. License #79412

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $433

Lot Details

  • 0.44 Acre Lot
  • Property is zoned I-1

Utilities

  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2314010777

Property Details

Property Type

Land

Est. Annual Taxes

$433

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: 4.66

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 Sewer
  • Utilities: Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.44
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19090.00
  • Zoning: I-1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 433.00
  • Assessor Parcel Number: 2314010777
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Feb 16, 2024
Sold by
Catrino David and Catrino Coleen
Bought by
Braun Adair and Webb Margaret C
Seller's Agent
Tamar Nazarian
Coastal Life Realty Group LLC
Buyer's Agent
Cam Bunting
Bunting Realty, Inc.
List Price
$109,000
Sold Price
$80,000
Premium/Discount to List
-$29,000
-26.61%
Views
151
Current Estimated Value
$93,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,208
Avg. Annual Appreciation
8.28%

Purchase Details

Closed on
May 27, 2020
Sold by
Catrino David and Catrino Coleen
Bought by
The Farmers Bank Of Willards

Purchase Details

Closed on
May 30, 2013
Sold by
The Farmers Bank Of Willards
Bought by
Catrino David and Catrino Coleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,350
Interest Rate
3.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2012
Sold by
3Mc Llc
Bought by
The Farmers Bank Of Williards

Purchase Details

Closed on
Oct 30, 2006
Sold by
Betts Dana S
Bought by
3Mc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2006
Sold by
Betts Dana S
Bought by
3Mc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Braun Adair $80,000 Ocean Investments Title
The Farmers Bank Of Willards -- None Available
Catrino David $31,000 Mid Atlantic Title & Escrow
The Farmers Bank Of Williards $83,944 None Available
3Mc Llc $110,000 --
3Mc Llc $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Catrino David $26,350
Previous Owner 3Mc Llc $80,000
Previous Owner 3Mc Llc $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2024 02/16/24 Sold $80,000 -10.1% $53 / Sq Ft
09/19/2023 09/19/23 Price Changed $89,000 -6.3% $59 / Sq Ft
06/22/2023 06/22/23 Price Changed $95,000 -12.8% $63 / Sq Ft
03/06/2023 03/06/23 For Sale $109,000 -- $73 / Sq Ft
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 $292 $28,700 $28,700 $0
2024 $305 $28,700 $28,700 $0
2023 $304 $28,700 $28,700 $0
2022 $312 $28,700 $28,700 $0
2021 $313 $28,700 $28,700 $0
2020 $316 $28,700 $28,700 $0
2019 $320 $28,700 $28,700 $0
2018 $322 $28,700 $28,700 $0
2017 $322 $28,700 $0 $0
2016 -- $28,700 $0 $0
2015 $679 $69,500 $0 $0
2014 $679 $69,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tamar Nazarian

    Seller's Agent in 2024

    Tamar Nazarian

    Coastal Life Realty Group LLC

    (240) 543-3233

    2 in this area

    39 Total Sales

    Tamar Nazarian
    Section Image
  • Cam Bunting

    Buyer's Agent in 2024

    Cam Bunting

    Bunting Realty, Inc.

    (410) 713-2065

    3 in this area

    94 Total Sales

    Cam Bunting
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWC2008664

Bright MLS

APN: 14-010777

Maryland Wicomico County Willards 21874

7252 State St, Willards, MD

Not Listed for Sale

Lots

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