NOT LISTED FOR SALE

7284 Parsonsburg Rd Parsonsburg, MD 21849

Estimated Value: $287,428 - $297,000

3 Beds
1.5 Baths
1,196 Sq Ft
$245/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $256,200 $214 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,724/month

Highlights

  • Rambler Architecture
  • 2 Car Detached Garage
  • Property is in very good condition
  • No HOA
  • Central Air
  • Heat Pump System

About This Home

As of October 2022

Exceptionally well-maintained home that sits on a 1.03 lot, and just 25 minutes away from the beach! This 3 Bedroom, 1.5 bathroom home features an open concept living area, granite counter tops, brand new heat pump installed January of 2022, fenced in rear yard, roof/siding replaced in 2016 and a 2 car detached garage. If you're looking for peace and quiet with a great location, look no further!

Last Agent to Sell the Property

Timothy Dennis

(443) 669-4114 timothy.dennis@cbrealty.com Coldwell Banker Realty Listed on: 09/21/2022

Coldwell Banker Realty

Last Buyer's Agent

Robert Payne

(443) 783-0821 rob.payneteam@gmail.com RE/MAX Advantage Realty

RE/MAX Advantage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,717

Year Built

  • Built in 1999

Lot Details

  • 1.03 Acre Lot
  • Property is in very good condition
  • Property is zoned AR

Parking

  • 2 Car Detached Garage

Home Design

  • Rambler Architecture

Interior Spaces

  • 1,196 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Equal To The Number Of Bedrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2305028949

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,717

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-09-23
  • Federal Flood Zone: No
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Remarks Public: Exceptionally well-maintained home that sits on a 1.03 lot, and just 25 minutes away from the beach! This 3 Bedroom, 1.5 bathroom home features an open concept living area, granite counter tops, brand new heat pump installed January of 2022, fenced in rear yard, roof/siding replaced in 2016 and a 2 car detached garage. If you're looking for peace and quiet with a great location, look no further!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Other
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1196
  • Living Area Sq Ft: 1196
  • Price Per Sq Ft: 213.21
  • Above Grade Finished Sq Ft: 1196
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7284

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Covered Parking
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic = # Of Br
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 1.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 44867.00
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: AR
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5333291
  • Tax Annual Amount: 1717.00
  • Assessor Parcel Number: 2305028949
  • Tax Total Finished Sq Ft: 1196
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/31/2022

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2022
Closed on
Oct 31, 2022
Sold by
Wachter Bethany C
Bought by
Mcneill Rebecca and Thayne James
Seller's Agent
Timothy Dennis
Coldwell Banker Realty
Buyer's Agent
Robert Payne
RE/MAX Advantage Realty
List Price
$245,000
Sold Price
$256,200
Premium/Discount to List
$11,200
4.57%
Views
37
Current Estimated Value
$293,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,157
Avg. Annual Appreciation
4.67%
Original Mortgage
$230,580
Outstanding Balance
$223,097
Interest Rate
6.7%
Mortgage Type
Balloon
Estimated Equity
$70,260

Purchase Details

Listed on
Jul 16, 2019
Closed on
Sep 13, 2019
Sold by
Jones Steven W
Bought by
Wachter Bethany C
Seller's Agent
Lois Clohessy
ERA Martin Associates
Buyer's Agent
Timothy Dennis
Coldwell Banker Realty
List Price
$184,900
Sold Price
$180,000
Premium/Discount to List
-$4,900
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.94%
Original Mortgage
$176,739
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 2007
Sold by
Jarvis Kenneth L and Jarvis Beth P
Bought by
Jones Steven W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,742
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2007
Sold by
Jarvis Kenneth L and Jarvis Beth P
Bought by
Jones Steven W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,742
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 1999
Sold by
Fred B Adkins & Sons Inc
Bought by
Adkins Rentals Inc

Purchase Details

Closed on
Aug 26, 1998
Sold by
Arvey Wayne C
Bought by
Fred B Adkins & Sons Inc
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
Mcneill Rebecca $256,200 First American Title
Wachter Bethany C $180,000 Real Estate Title & Escrow
Jones Steven W $178,500 --
Jones Steven W $178,500 --
Adkins Rentals Inc $65,000 --
Fred B Adkins & Sons Inc $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcneill Rebecca $230,580
Previous Owner Wachter Bethany C $176,739
Previous Owner Jones Steven W $175,742
Previous Owner Jones Steven W $175,742
Closed Adkins Rentals Inc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2022 10/31/22 Sold $256,200 +0.5% $214 / Sq Ft
09/25/2022 09/25/22 Price Changed $255,000 +4.1% $213 / Sq Ft
09/21/2022 09/21/22 For Sale $245,000 +36.1% $205 / Sq Ft
09/13/2019 09/13/19 Sold $180,000 +0.1% $151 / Sq Ft View Prior Sale
08/07/2019 08/07/19 Pending -- -- --
07/30/2019 07/30/19 Price Changed $179,900 -2.7% $150 / Sq Ft
07/16/2019 07/16/19 For Sale $184,900 -- $155 / 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 $2,013 $221,300 $50,000 $171,300
2024 $2,013 $203,700 $0 $0
2023 $1,900 $186,100 $0 $0
2022 $1,777 $168,500 $40,000 $128,500
2021 $1,590 $155,500 $0 $0
2020 $1,530 $142,500 $0 $0
2019 $1,355 $129,500 $40,000 $89,500
2018 $1,252 $121,433 $0 $0
2017 $1,180 $113,367 $0 $0
2016 -- $105,300 $0 $0
2015 $1,033 $105,300 $0 $0
2014 $1,033 $105,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWC2006948

Bright MLS

APN: 05-028949