NOT LISTED FOR SALE

8007 New Hope Rd Willards, MD 21874

Estimated Value: $260,000 - $325,041

12.03 Acres
$24,086 Price per Acre
524,027 Sq Ft Lot

Last Sold March 16, 2013

Last sale price $35,000

Est. 728% increase in value since last sale

Current estimated payment $1,665/month

126 Days on Market

Highlights

  • 12.03 Acre Lot
  • Wooded Lot
  • No HOA

About This Lot

As of March 2013

Large buildable 12 acre site. Existing well & septic from previous home that was removed due to its condition. Convenient location to Ocean City & Salisbury in quiet country area. Grades 3-5 attend Pittsville Elem. Loan Pre-approval or proof of funds with offer to purchase.

Last Agent to Sell the Property

Sonia Zaffiris

(410) 208-9200 debbie@hilemanrealestate.com Hileman Real Estate-Berlin License #RS-0013854 Listed on: 09/27/2012

Last Buyer's Agent

Sonia Zaffiris

(410) 208-9200 debbie@hilemanrealestate.com Hileman Real Estate-Berlin License #RS-0013854 Listed on: 09/27/2012

Property Details

Property Type

  • Land

Lot Details

  • 12.03 Acre Lot
  • Cleared Lot
  • Wooded Lot
  • Zoning described as AR

Location

  • Flood Risk

Schools

  • Willards Elementary School
  • Pittsville Elementary & Middle School
  • Parkside High School

Utilities

  • Well
  • On Site Septic
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 002588

Property Details

Property Type

Land

Lot Details

12.03 Acres

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
  • Special Features: None

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, On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • Elementary School: WILLARDS
  • High School: PARKSIDE
  • Middle Or Junior School: PITTSVILLE ELEMENTARY & MIDDLE

Lot Info

  • Lot Features: Cleared, Trees/Wooded
  • Lot Size Acres: 12.03
  • Possible Use: Residential
  • Zoning Description: AR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5364426
  • Assessor Parcel Number: 002588
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2012
Closed on
Feb 12, 2013
Sold by
Hsbc Bank Usa National Association
Bought by
Willey Horrace E
Seller's Agent
Sonia Zaffiris
Hileman Real Estate-Berlin
Buyer's Agent
Sonia Zaffiris
Hileman Real Estate-Berlin
List Price
$59,900
Sold Price
$35,000
Premium/Discount to List
-$24,900
-41.57%
Current Estimated Value
$289,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,760
Avg. Annual Appreciation
17.63%
Original Mortgage
$30,000
Outstanding Balance
$21,117
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$268,643

Purchase Details

Closed on
Sep 14, 2012
Sold by
Miles Gerard F
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jan 9, 2007
Sold by
Haddock Deborah L
Bought by
Haddock Deborah L

Purchase Details

Closed on
Dec 29, 2006
Sold by
Haddock Deborah L
Bought by
Haddock Deborah L

Purchase Details

Closed on
Aug 16, 2006
Sold by
Haddock Deborah L
Bought by
Haddock Deborah L and Haddock Donald W

Purchase Details

Closed on
Jul 7, 2006
Sold by
Haddock Deborah L
Bought by
Haddock Deborah L and Haddock Donald W
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
Willey Horrace E $35,000 None Available
Hsbc Bank Usa National Association $42,000 None Available
Haddock Deborah L -- --
Haddock Deborah L -- --
Haddock Deborah L -- --
Haddock Deborah L -- --
Haddock Deborah L -- --
Haddock Deborah L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willey Horrace E $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2013 03/16/13 Sold $35,000 -41.6% --
01/31/2013 01/31/13 Pending -- -- --
09/27/2012 09/27/12 For Sale $59,900 -- --
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 $1,697 $179,100 $67,500 $111,600
2024 $1,709 $171,967 $0 $0
2023 $1,690 $164,833 $0 $0
2022 $1,667 $157,700 $67,500 $90,200
2021 $1,670 $157,467 $0 $0
2020 $1,682 $157,233 $0 $0
2019 $1,703 $157,000 $67,500 $89,500
2018 $1,405 $127,867 $0 $0
2017 $1,098 $98,733 $0 $0
2016 -- $69,600 $0 $0
2015 $732 $69,600 $0 $0
2014 $732 $69,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sonia Zaffiris

    Seller's Agent in 2013

    Sonia Zaffiris

    Hileman Real Estate-Berlin

    (410) 251-6217

    38 Total Sales

    Sonia Zaffiris
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Map

Source: Bright MLS

MLS Number: 1000861202

Bright MLS

APN: 14-002588

Maryland Wicomico County Willards 21874

8007 New Hope Rd, Willards, MD

Not Listed for Sale

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