Wicomico Board of Ed Buys Property

Why would they buy this?

 

https://www.zillow.com/homedetails/31453-Old-Ocean-City-Rd-Salisbury-MD-21804/37698374_zpid/

 

31453 Old Ocean City Rd, Salisbury, MD 21804-1810, Wicomico County
Owner Information

Owner Name: Wicomico Cnty Board Of Educati Mailing Zip: 21804
Mailing Address: 101 Long Ave Mailing Address ZIP + 4 Code: 5045
Mailing Address City & State: Salisbury, MD Owner Occupied: No

Location Information

School District: 2400690 Parcel: 270
Subdivision: Winter Place Residential Park Census Tract: 106.03
MLS Area: 23-02 WICOMICO CO NE Property Zip Code: 21804
Lot/Unit: 1 Property Zip4: 1810
Map: 39 Property Carrier Route: R008
Grid: 4

Tax Information

Legal Description: BL-A L-1 1.78AC 31453 OLD OCEAN CITY RD WINTER PLACE RES PK SEC1
District-Acct #: 05-107237 Section: A
District: 05 % Improved: 81%
Acct #: 107237

Assessment & Tax

Assessment Year 2017 2016 2015
Assessed Value - Total $190,500 $188,700 $184,400
Assessed Value - Land $36,900
Assessed Value - Improved $151,800
Market Value - Total $194,100 $188,700 $188,700
Market Value - Land $36,900 $36,900 $36,900
Market Value - Improved $157,200 $151,800 $151,800
YOY Assessed Change ($) $1,800 $4,300
YOY Assessed Change (%) 0.95% 2.33%

Tax Year Total Tax Change ($) Change (%)
2016 $2,021
2017 $2,067 $46 2.26%
2018 $2,064 -$3 -0.16%

Characteristics

Lot Acres: 1.78 Bedrooms: MLS: 6
Lot Area: 77,537 Total Baths: 2
Land Use - State: Residential Full Baths: 2
Land Use - CoreLogic: SFR Half Baths: MLS: 1
Building Type: Single Family Basement Type: MLS: Concrete Slab
Year Built: 1990 Water: Individual
Building Sq Ft: 4,096 Sewer: Individual
Main Area: 2,048 Heat Type: Hot Air
Above Gnd Sq Ft: 4,096 Cooling Type: Split System
Gross Area: 4,096 Roof Material: Composition Shingle
Stories: 2 Exterior: Aluminum/Vinyl

Features

Feature Type
Kte


Building Description Building Size
A05 4,096

Listing Information

MLS Listing Number: 512704 MLS Current List Price: $199,800
MLS Status: Closed MLS Sale Price: $189,800
MLS Status Change Date: 01/02/2018 MLS Listing Agent: Sonia E Zaffiris (400135)
MLS Listing Date: 09/25/2017 MLS Listing Broker: HILEMAN REAL ESTATE-BERLIN
MLS Sale Date: 12/29/2017 MLS Area: 23-02 WICOMICO CO NORTHEAST


MLS Listing # 500719 496361 387510 368653 368649
MLS Status Cancelled Expired Closed Expired Expired
MLS Listing Date 11/11/2015 04/04/2015 03/20/2003 10/10/2001 10/10/2001
MLS Listing Price $194,700 $249,900 $144,900 $224,900 $224,900
MLS Orig Listing Price $224,900
MLS Close Date 08/12/2003
MLS Listing Close Price $139,000
MLS Listing Cancellation Date 02/15/2017

MLS Listing # 354505
MLS Status Expired
MLS Listing Date 11/20/2000
MLS Listing Price $245,000
MLS Orig Listing Price
MLS Close Date
MLS Listing Close Price
MLS Listing Cancellation Date

Last Market Sale & Sales History

Recording Date 01/03/2018 08/21/2003 08/21/2003 12/16/1997
Sale Date 12/29/2017 08/08/2003 07/10/2003 12/12/1997
Sale Price $189,800 $139,000 $112,500 $50,000
Buyer Name Wicomico Cnty Board Of Educati Moore Ginger S Securitization Series 1999-1 Price Ernest N
Seller Name Moore Ginger S Manufacturers & Traders Trust Co Bierman Howard N Ruark Thomas H
Document Number 4274-3 2115-291 2115-289 1576-261 1317-245
Document Type Deed (Reg) Special Warranty Deed Trustee Deed Deed (Reg) Deed (Reg)
Title Company Attorney Only Attorney Only Attorney Only Other

Mortgage History

Mortgage Date 08/21/2003 12/16/1997
Mortgage Amount $104,250 $40,000
Mortgage Lender Union Planters Bk
Mortgage Type Conventional Private Party Lender