NOT LISTED FOR SALE

8497 N Prong Ln Delmar, MD 21875

North Salisbury Neighborhood

Estimated Value: $252,000 - $300,000

3 Beds
1.5 Baths
1,326 Sq Ft
$209/Sq Ft Est. Value

Last Sold December 23, 2015

Last sale price $93,600 $71 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $1,608/month

23 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Window Unit Cooling System
  • 1 Fireplace
  • Eat-In Kitchen
  • Baseboard Heating

About This Home

As of December 2015

Lender Orders Public Auction: Nov. 6th @ 11:00AM on the premises. $5,500 Deposit in form of cash or certified check only to be eligible to bid.Improved by a 3 Bedroom, 1 and a half bath rancher with built-ins, FP in Fam room, enclosed porch, eat in kit, 2 sheds and front porch. List price to be opening bid. No pre auction offers accepted.

Last Agent to Sell the Property

Larry Cooper

Alex Cooper Auctioneers, Inc. Listed on: 10/14/2015

Last Buyer's Agent

Larry Cooper

Alex Cooper Auctioneers, Inc. Listed on: 10/14/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,401

Year Built

  • Built in 1974

Lot Details

  • 0.51 Acre Lot
  • Property is zoned R20

Parking

  • On-Street Parking

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • 1 Fireplace
  • Dining Area
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Danwood Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 2305044340

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,401

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1974
  • Remarks Public: Lender Orders Public Auction: Nov. 6th @ 11:00AM on the premises. $5,500 Deposit in form of cash or certified check only to be eligible to bid.Improved by a 3 Bedroom, 1 and a half bath rancher with built-ins, FP in Fam room, enclosed porch, eat in kit, 2 sheds and front porch. List price to be opening bid. No pre auction offers accepted.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area, Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 8497

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 85100.00
  • Land Assessed Value: 44500.00
  • Lot Size Acres: 0.51
  • Lot Size Area: 22160
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22160.00
  • Property Attached Yn: No
  • Year Assessed: 2015
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5334563
  • Tax Annual Amount: 1401.11
  • Assessor Parcel Number: 2305044340
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 1326
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 12/23/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2015
Closed on
Dec 23, 2015
Sold by
Maryland Department Of Housing & Communi
Bought by
Price David T
Seller's Agent
Larry Cooper
Alex Cooper Auctioneers, Inc.
Buyer's Agent
Larry Cooper
Alex Cooper Auctioneers, Inc.
List Price
$50,000
Sold Price
$93,600
Premium/Discount to List
$43,600
87.2%
Current Estimated Value
$276,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,256
Avg. Annual Appreciation
10.64%
Original Mortgage
$97,750
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2014
Sold by
Coleman Ralph C and Coleman Connie L
Bought by
Maryland Department Of Housing & Communi

Purchase Details

Closed on
Dec 9, 1998
Sold by
Wood Gregory E and Wood Bonnie L
Bought by
Coleman Ralph C and Coleman Connie L

Purchase Details

Closed on
Aug 10, 1987
Sold by
Bare Phillip G and Bare Deborah P
Bought by
Wood Gregory E and Wood Bonnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,950
Interest Rate
10.35%

Purchase Details

Closed on
May 14, 1980
Sold by
Greene Edward M P Sandra
Bought by
Bare Phillip G and Bare Deborah P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,126
Interest Rate
14.68%
Source: Public Records

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Range of Values:

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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
Price David T $93,600 Real Estate Title & Escrow L
Maryland Department Of Housing & Communi $99,225 None Available
Coleman Ralph C $88,700 --
Wood Gregory E $67,500 --
Bare Phillip G $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price David T $113,630
Closed Price David T $97,750
Previous Owner Coleman Ralph C $133,250
Previous Owner Coleman Connie L $126,000
Previous Owner Wood Gregory E $66,950
Previous Owner Bare Phillip G $32,126
Closed Coleman Ralph C --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2015 12/23/15 Sold $93,600 +87.2% $71 / Sq Ft
11/06/2015 11/06/15 Pending -- -- --
10/14/2015 10/14/15 For Sale $50,000 -- $38 / 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
2024 $1,671 $168,000 $0 $0
2023 $1,572 $152,900 $0 $0
2022 $1,464 $137,800 $39,500 $98,300
2021 $1,469 $137,200 $0 $0
2020 $1,469 $136,600 $0 $0
2019 $1,483 $136,000 $39,500 $96,500
2018 $1,479 $134,933 $0 $0
2017 $1,468 $133,867 $0 $0
2016 -- $132,800 $0 $0
2015 $1,162 $131,733 $0 $0
2014 $1,162 $130,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Larry Cooper

    Seller's Agent in 2015

    Larry Cooper

    Alex Cooper Auctioneers, Inc.

    (410) 977-4708

    532 Total Sales

    Larry Cooper
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003753191

Bright MLS

APN: 05-044340

Maryland Wicomico County Delmar 21875 North Salisbury

8497 N Prong Ln, Delmar, MD

This home is located at 8497 N Prong Ln, Delmar, MD 21875 since 14 October 2015 and is currently estimated at $276,856, approximately $208 per square foot. This property was built in 1974. 8497 N Prong Ln is a home located in Wicomico County with nearby schools including West Salisbury Elementary School, North Salisbury Elementary School, and Wicomico Middle School.

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