NOT LISTED FOR SALE

8425 Newark Rd Newark, MD 21841

Estimated Value: $283,319 - $322,000

0.68 Acre
$449,382 Price per Acre
29,621 Sq Ft Lot

Last Sold November 15, 2021

Last sale price $55,000 $44 Per Sq Ft

Est. 456% increase in value since last sale

Current estimated payment $1,806/month

321 Days on Market

About This Lot

As of November 2021

Just Imagine living in the charming town of Newark, MD. 5 miles south of Berlin, MD. Newark has a Restaurant, Fire House, Gas Station with a Convenience Store, Park with Playground, and Pavillion. Reliable Internet is coming to town Fiber Optics . County Water and Sewer. Everything you would want in a Small Town without the Small Town Big Taxes. Just think about where this lot is located on Newark road right in front of the water tower - great landmark to give friends and family that come to visit. No one is going to build directly behind you blocking your light, stifling the breeze in your future back yard. I am guessing you will have some great water pressure. Newark is a great place to live.

Last Agent to Sell the Property

Dennis Parker

Newport Bay Realty Listed on: 07/16/2020

Last Buyer's Agent

Tierra Mumford

ERA Martin Associates License #5003982

ERA Martin Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $410

Lot Details

  • 0.68 Acre Lot
  • Property is zoned R2-A1

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04-001265

Property Details

Property Type

Land

Est. Annual Taxes

$410

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Just Imagine living in the charming town of Newark, MD. 5 miles south of Berlin, MD. Newark has a Restaurant, Fire House, Gas Station with a Convenience Store, Park with Playground, and Pavillion. Reliable Internet is coming to town Fiber Optics . County Water and Sewer. Everything you would want in a Small Town without the Small Town Big Taxes. Just think about where this lot is located on Newark road right in front of the water tower - great landmark to give friends and family that come to visit. No one is going to build directly behind you blocking your light, stifling the breeze in your future back yard. I am guessing you will have some great water pressure. Newark is a great place to live.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 1.96
  • Street Number Modifier: 8425

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: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • School District Key: 121138066543
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: 011
  • Lot Size Acres: 0.68
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 29577.00
  • Year Assessed: 2021
  • Zoning: R2-A1
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 5392742
  • Tax Annual Amount: 410.00
  • Assessor Parcel Number: 04-001265
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 11/15/2021

MLS Schools

  • School District Name: WORCESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Nov 15, 2021
Sold by
Mowry Glenn E and Mowry Kimberly A
Bought by
Purnell Martina L
Seller's Agent
Dennis Parker
Newport Bay Realty
Buyer's Agent
Tierra Mumford
ERA Martin Associates
List Price
$54,900
Sold Price
$55,000
Premium/Discount to List
$100
0.18%
Current Estimated Value
$305,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,580
Avg. Annual Appreciation
57.22%
Original Mortgage
$232,600
Outstanding Balance
$219,957
Interest Rate
3.05%
Mortgage Type
USDA
Estimated Equity
$84,231

Purchase Details

Closed on
Jul 27, 1998
Sold by
Dennis Nelda Warren and Dennis William
Bought by
Mowry Glenn E and Mowry Kimberly A

Purchase Details

Closed on
Jun 8, 1995
Sold by
Warren Dennis Nelda
Bought by
Warren Dennis Neloa
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
Purnell Martina L $55,000 None Available
Mowry Glenn E $22,500 --
Warren Dennis Neloa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Purnell Martina $23,644
Open Purnell Martina L $232,600
Closed Mowry Glenn E --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $55,000 -5.0% $44 / Sq Ft
05/06/2021 05/06/21 Price Changed $57,900 +5.5% $46 / Sq Ft
07/16/2020 07/16/20 For Sale $54,900 -- $44 / 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 $1,696 $194,000 $56,800 $137,200
2024 $1,696 $178,000 $0 $0
2023 $410 $42,800 $42,800 $0
2022 $408 $42,800 $42,800 $0
2021 $410 $42,800 $42,800 $0
2020 $408 $42,800 $42,800 $0
2019 $410 $42,800 $42,800 $0
2018 $404 $42,800 $42,800 $0
2017 $405 $42,800 $0 $0
2016 $417 $42,800 $0 $0
2015 $488 $42,800 $0 $0
2014 $488 $42,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Parker

    Seller's Agent in 2021

    Dennis Parker

    Newport Bay Realty

    (443) 880-8682

    2 in this area

    11 Total Sales

    Dennis Parker
    Section Image
  • Tierra Mumford

    Buyer's Agent in 2021

    Tierra Mumford

    ERA Martin Associates

    (443) 669-5730

    1 in this area

    11 Total Sales

    Tierra Mumford
    Section Image
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Map

Source: Bright MLS

MLS Number: MDWO115202

Bright MLS

APN: 04-001265

Maryland Worcester County Newark 21841

8425 Newark Rd, Newark, MD

This home is located at 8425 Newark Rd, Newark, MD 21841 since 16 July 2020 and is currently estimated at $305,580, approximately $243 per square foot. 8425 Newark Rd is a home located in Worcester County with nearby schools including Snow Hill Elementary School, Snow Hill Middle School, and Snow Hill High School.

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