NOT LISTED FOR SALE

Estimated Value: $85,698 - $380,000

4.5 Acres
$37,983 Price per Acre
196,020 Sq Ft Lot

Last Sold June 16, 2012

Last sale price $14,000

Est. 1,121% increase in value since last sale

Current estimated payment $974/month

411 Days on Market

Highlights

  • 4.5 Acre Lot
  • Wooded Lot
  • No HOA

About This Lot

As of June 2012

4.5 country acres. High elevation, excellent drainage. Located moments from all Salisbury has to offer. Septic in place. Zoned any/all use residential. Priced to sell, owner financing readily available.

Last Agent to Sell the Property

Rico DiMattia

Rico Realty, LLC License #5841 Listed on: 05/01/2011

Last Buyer's Agent

AMELIA CAPPELLO

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $323

Lot Details

  • 4.5 Acre Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned AR

Schools

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

Utilities

  • On Site Septic
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3346

Property Details

Property Type

Land

Est. Annual Taxes

$323

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Historic: No
  • New Construction: No
  • Remarks Public: 4.5 country acres. High elevation, excellent drainage. Located moments from all Salisbury has to offer. Septic in place. Zoned any/all use residential. Priced to sell, owner financing readily available.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.12
  • Street Number Modifier: 8014

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

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, Trees/Wooded
  • Lot Size Acres: 4.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 196020.00
  • Possible Use: Residential
  • Zoning: AR
  • Zoning Description: A

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5355918
  • Assessor Parcel Number: 3346
  • County Tax Payment Frequency: Annually
  • Close Date: 06/16/2012

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2011
Closed on
Jun 7, 2012
Sold by
Holt Jerry C
Bought by
Mossavari Nosratallah and Mossavari Farzneh
Seller's Agent
Rico DiMattia
Rico Realty, LLC
Buyer's Agent
AMELIA CAPPELLO
Long & Foster Real Estate, Inc.
List Price
$45,000
Sold Price
$14,000
Premium/Discount to List
-$31,000
-68.89%
Current Estimated Value
$170,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,925
Avg. Annual Appreciation
19.79%

Purchase Details

Closed on
Oct 28, 1985
Sold by
Abbott Ronald L
Bought by
Holt Jerry C

Purchase Details

Closed on
Jun 4, 1985
Sold by
Farmers Home Administration
Bought by
Abbott Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
12.71%
Source: Public Records

Range of Values:

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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
Mossavari Nosratallah $14,000 Coastal Title & Escrow
Holt Jerry C $6,000 --
Abbott Ronald L $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abbott Ronald L $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2012 06/16/12 Sold $14,000 -68.9% --
06/15/2012 06/15/12 Pending -- -- --
05/01/2011 05/01/11 For Sale $45,000 -- --
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 $323 $33,700 $33,700 $0
2023 $333 $33,700 $33,700 $0
2022 $343 $33,700 $33,700 $0
2021 $345 $33,700 $33,700 $0
2020 $348 $33,700 $33,700 $0
2019 $353 $33,700 $33,700 $0
2018 $354 $33,700 $33,700 $0
2017 $354 $33,700 $0 $0
2016 -- $33,700 $0 $0
2015 $408 $33,700 $0 $0
2014 $408 $38,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000860594

Bright MLS

APN: 11-003346