NOT LISTED FOR SALE

8155 Jersey Rd Salisbury, MD 21801

North Salisbury Neighborhood

Estimated Value: $153,000 - $525,000

156 Acres
$2,380 Price per Acre
6,795,360 Sq Ft Lot

Last Sold April 14, 2015

Last sale price $337,611

Est. 10% increase in value since last sale

Current estimated payment $2,157/month

Highlights

  • 156 Acre Lot
  • Wooded Lot
  • No HOA

About This Lot

As of April 2015

156 acre property. 62 acres tillable farmland and 94 acres of timberland. Entitlement process not completed for property, some engineering in hand. Land being sold as farm for agricultural use.Property subject to Ag lease through 2015.

Last Agent to Sell the Property

Benjamin Alder

(443) 865-1344 ben@svnlandgroup.com The Land Group License #RB-0020805 Listed on: 11/29/2012

Last Buyer's Agent

Benjamin Alder

(443) 865-1344 ben@svnlandgroup.com The Land Group License #RB-0020805 Listed on: 11/29/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,550

Lot Details

  • 156 Acre Lot
  • Cleared Lot
  • Wooded Lot
  • Zoning described as R10

Schools

  • Chipman Elementary School
  • Salisbury Middle School
  • Wicomico High School

Additional Features

  • Flood Risk
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 012663

Property Details

Property Type

Land

Est. Annual Taxes

$2,550

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Current Use: Agriculture, Residential, Timber
  • 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
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • Elementary School: CHIPMAN
  • High School: WICOMICO
  • Middle Or Junior School: SALISBURY

Lot Info

  • Lot Features: Cleared, Trees/Wooded
  • Lot Size Acres: 156.00
  • Possible Use: Agriculture
  • Zoning Description: R10

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5356712
  • Assessor Parcel Number: 012663
  • County Tax Payment Frequency: Annually

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2015
Sold by
Horace & Elwath Llc
Bought by
Twd Llc
Current Estimated Value
$371,333

Purchase Details

Listed on
Nov 29, 2012
Closed on
Apr 10, 2015
Sold by
Larry J Causey & Sons Inc
Bought by
Horace & Elwath Llc
Seller's Agent
Benjamin Alder
The Land Group
Buyer's Agent
Benjamin Alder
The Land Group
List Price
$650,000
Sold Price
$337,611
Premium/Discount to List
-$312,389
-48.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.91%

Purchase Details

Closed on
Mar 3, 1997
Sold by
Gale Edna L
Bought by
Larry J Causey & Sons Inc
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
Twd Llc $337,611 Attorney
Horace & Elwath Llc $337,611 None Available
Larry J Causey & Sons Inc $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Larry J Causey & Sons Inc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2015 09/28/15 Pending -- -- --
04/14/2015 04/14/15 Sold $337,611 -48.1% --
11/29/2012 11/29/12 For Sale $650,000 -- --
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
2025 $2,550 $266,000 $266,000 $0
2024 $2,550 $266,000 $266,000 $0
2023 $2,630 $266,000 $266,000 $0
2022 $2,711 $266,000 $266,000 $0
2021 $2,719 $266,000 $266,000 $0
2020 $2,743 $266,000 $266,000 $0
2019 $2,784 $266,000 $266,000 $0
2018 $5,433 $266,000 $266,000 $0
2017 $5,433 $266,000 $0 $0
2016 -- $266,000 $0 $0
2015 $11,240 $266,000 $0 $0
2014 $11,240 $498,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Benjamin Alder

    The Land Group

    (443) 865-1344

    2 in this area

    162 Total Sales

    Benjamin Alder
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Map

Source: Bright MLS

MLS Number: 1000861248

Bright MLS

APN: 11-012663

Maryland Wicomico County Salisbury 21801 North Salisbury

8155 Jersey Rd, Salisbury, MD

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