NOT LISTED FOR SALE

9223 Lopez Ln Delmar, MD 21875

North Salisbury Neighborhood

Estimated Value: $421,000 - $720,426

33.81 Acres
$15,404 Price per Acre
1,472,764 Sq Ft Lot

Last Sold August 30, 2013

Last sale price $110,000 $550 Per Sq Ft

Est. 373% increase in value since last sale

Current estimated payment $3,054/month

127 Days on Market

About This Lot

As of August 2013

33.81 Acres (20 Acres in Wicomico CO. Forest Conservation Act FCA# 200035) Four year old Triple wide Mobile Home caught fire and burned to ground 3/1/11. Site has been cleared. Electric, well and septic remain along with a 30x50 detached garage. Remote, private & wooded, with one cleared homesite.

Last Agent to Sell the Property

John Robinson

noreply@brightmls.cominactive Berkshire Hathaway HomeServices PenFed Realty - Salisbury Listed on: 03/27/2013

Last Buyer's Agent

Pamela Price

noreply@brightmls.cominactive Re/Max Crossroads

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,747

Lot Details

  • 33.81 Acre Lot
  • Cleared Lot
  • Zoning described as AR

Location

  • Flood Risk

Schools

  • Delmar Elementary School

Utilities

  • Well
  • Well Permit on File
  • Site Evaluation on File
  • On Site Septic
  • Septic Permit Issued
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 036178

Property Details

Property Type

Land

Est. Annual Taxes

$3,747

Lot Details

0

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, Septic Permit Issued, Site Evaluation On File
  • Water Source: Well Permit On File, Well

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • Elementary School: DELMAR

Lot Info

  • Lot Features: Cleared
  • Lot Size Acres: 33.81
  • Possible Use: Residential
  • Zoning Description: AR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 5333904
  • Assessor Parcel Number: 036178
  • County Tax Payment Frequency: Annually

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2016
Sold by
Lambrose Leslie Michelle and Oliver Jonathan Lincoln
Bought by
Oliver Jonathan Lincoln and Oliver Leslie Michelle
Current Estimated Value
$520,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,751
Outstanding Balance
$250,895
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$269,914

Purchase Details

Listed on
Mar 27, 2013
Closed on
Aug 30, 2013
Sold by
Davenport Jerry L
Bought by
Lambrose Leslie Michelle and Oliver Jonathan Lincoln
Seller's Agent
John Robinson
Berkshire Hathaway HomeServices PenFed Realty - Salisbury
Buyer's Agent
Pamela Price
Re/Max Crossroads
List Price
$3,152,014
Sold Price
$110,000
Premium/Discount to List
-$3,042,014
-96.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.52%
Original Mortgage
$93,500
Interest Rate
4.43%
Mortgage Type
Purchase Money Mortgage
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
Oliver Jonathan Lincoln -- Competitive Title Agency Inc
Lambrose Leslie Michelle $110,000 Key Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliver Jonathan Lincoln $342,751
Closed Lambrose Leslie Michelle $93,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2013 08/30/13 Sold $110,000 -96.5% $550 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
03/27/2013 03/27/13 For Sale $3,152,014 -- $15,760 / 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 $3,747 $472,500 $56,100 $416,400
2024 $3,747 $430,167 $0 $0
2023 $3,662 $387,833 $0 $0
2022 $3,581 $345,500 $46,100 $299,400
2021 $3,521 $340,533 $0 $0
2020 $3,521 $335,567 $0 $0
2019 $3,535 $340,900 $56,400 $284,500
2018 $3,391 $323,300 $0 $0
2017 $3,238 $305,700 $0 $0
2016 -- $288,100 $0 $0
2015 $741 $288,100 $0 $0
2014 $741 $74,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    John Robinson

    Berkshire Hathaway HomeServices PenFed Realty - Salisbury

  • P

    Buyer's Agent in 2013

    Pamela Price

    Re/Max Crossroads

See All Agents

Map

Source: Bright MLS

MLS Number: 1000863054

Bright MLS

APN: 05-036178

Maryland Wicomico County Delmar 21875 North Salisbury

9223 Lopez Ln, Delmar, MD

Not Listed for Sale

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