NOT LISTED FOR SALE

7775 New Hope Rd Willards, MD 21874

Estimated Value: $178,000 - $262,000

7.22 Acres
$28,578 Price per Acre
314,503 Sq Ft Lot

Last Sold October 06, 2023

Last sale price $155,000 $60 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,120/month

373 Days on Market

Highlights

  • View of Trees or Woods
  • Partially Wooded Lot
  • No HOA
  • 7.22 Acre Lot

About This Lot

As of October 2023

ONE OF A KIND LOT with plenty of elbow room! Get away from it all on 7 acres, with some major utilities already in place! Partly cleared and partly wooded, with a cleared building site, an 85 foot Well and Standard Septic installed in 2001. Located just 17 miles to the beaches of Ocean City, 21 Miles to Assateague Island National Seashore, and 16 Miles to Salisbury! Previous house was professionally demolished and site prepared by Absolute Demolition in 2022. Existing chain link dog pen with concrete slab. Forest Conservation Easement and small area of non-tidal wetlands in rear. Please do not walk beyond the fence line (Hidden stream, wildlife, hunting permissions)

Last Agent to Sell the Property

Debbie Hileman

(410) 208-9200 debbie@hilemanrealestate.com Hileman Real Estate-Berlin Listed on: 08/30/2022

Last Buyer's Agent

Brody Sergent

(302) 539-0800 brodysergent@northroprealty.com Northrop Realty

Northrop Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $567

Lot Details

  • 7.22 Acre Lot
  • Rural Setting
  • Cleared Lot
  • Partially Wooded Lot
  • Backs to Trees or Woods
  • Property is zoned AR

Property Views

  • Views of Woods

Utilities

  • Well
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 2314012958

Property Details

Property Type

Land

Est. Annual Taxes

$567

Lot Details

0

Listing Details

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

Interior Features

  • Price Per Sq Ft: 0.54

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Paved
  • View: Street, Trees/Woods
  • 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: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Cleared, Backs To Trees, Partly Wooded, Road Frontage, Rural
  • Lot Size Acres: 7.22
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 314503.00
  • Zoning: AR
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 567.00
  • Assessor Parcel Number: 2314012958
  • Tax Lot: 1
  • 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
Aug 30, 2022
Closed on
Oct 6, 2023
Sold by
Kendrick Katherine M
Bought by
Coyne Ryan M
Seller's Agent
Debbie Hileman
Hileman Real Estate-Berlin
Buyer's Agent
Brody Sergent
Northrop Realty
List Price
$179,900
Sold Price
$155,000
Premium/Discount to List
-$24,900
-13.84%
Views
202
Current Estimated Value
$206,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,333
Avg. Annual Appreciation
13.18%
Original Mortgage
$116,250
Outstanding Balance
$113,990
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$92,343

Purchase Details

Closed on
Oct 3, 2019
Sold by
Kendrick Katherine Mary
Bought by
Jones Roland M and Jonesjones Melinda M

Purchase Details

Closed on
Oct 25, 2005
Sold by
Kendrick Joseph T
Bought by
Kendrick Mary Katherine

Purchase Details

Closed on
Jan 18, 2001
Sold by
Puglisi Patricia A
Bought by
Kendrick Joseph T
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
Coyne Ryan M $155,000 Mid Atlantic Title
Jones Roland M $2,000 Mid Atlantic T&E Co Inc
Kendrick Mary Katherine -- --
Kendrick Joseph T $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coyne Ryan M $116,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2023 10/06/23 Sold $155,000 -8.8% $60 / Sq Ft
08/31/2023 08/31/23 Price Changed $169,900 -5.6% $66 / Sq Ft
08/30/2022 08/30/22 For Sale $179,900 -- $70 / Sq Ft
Source: Bright MLS

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 $568 $55,600 $55,500 $100
2024 $593 $55,600 $55,500 $100
2023 $610 $55,600 $55,500 $100
2022 $567 $55,600 $55,500 $100
2021 $1,388 $55,600 $55,500 $100
2020 $2,147 $202,400 $0 $0
2019 $2,120 $202,600 $62,500 $140,100
2018 $2,191 $202,600 $62,500 $140,100
2017 $2,369 $202,600 $0 $0
2016 -- $217,100 $0 $0
2015 $2,005 $217,100 $0 $0
2014 $2,005 $217,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Debbie Hileman

    Seller's Agent in 2023

    Debbie Hileman

    Hileman Real Estate-Berlin

    (443) 235-5982

    1 in this area

    151 Total Sales

    Debbie Hileman
    Section Image
  • Brody Sergent

    Buyer's Agent in 2023

    Brody Sergent

    Creig Northrop Team of Long & Foster

    (302) 703-1144

    1 in this area

    66 Total Sales

    Brody Sergent
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWC2006584

Bright MLS

APN: 14-012958

Maryland Wicomico County Willards 21874

7775 New Hope Rd, Willards, MD

Not Listed for Sale

Lots

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