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4703 Grovehill Lane

4703 Grovehill Lane, Tyaskin, MD 21865
Property in Wicomico
Sold Jul 23, 2021
$212,000
$208,160 by Academy Mortgage Corp
Mortgage Due Aug 01, 2051
Sold Mar 09, 2004
$99,000
4703 Grovehill Lane has been categorized by the local assessors in Tyaskin, MD as a residential type of property. The building on the property was first built in 1910 and is 114 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 4703 Grovehill Lane has 1,524 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 29,185 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of unknown. In terms of heating, it is utilizing a space/suspended heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4703 Grovehill Lane sold most recently in Jul 22, 2021 for a total of $212,000. If you work out the math, that's approximately a cost of $139.11 per sqft. Before that, the property was also sold for $99,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $931 in taxes each year. 4703 Grovehill Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $93,300. If we break it down further, the land itself was valued at $26,200. Improvements to the property, however, were assessed at a total of $67,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: B
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 29,185
  • Total Building Area: 1,524
  • Gross Building Area: 1,524
  • Building Area: 1,524
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Space/suspended
  • Heated Square Feet: 1,524
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RIALL ERNEST LAND
  • Land Acres: 0.67
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L-29,185SQ FT 4703 GROVEHILL LANE TYASKIN

Ownership

  • Current Owner : SHEETZ THOMAS M
  • Previous Owner : HEIDERMAN GEORGE E
  • Previous Owner 2: HEIDERMAN JOYCE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wicomico County Public Schools
  • Census Tract: 010800

Zoning

  • Zoning: AR

Geography

  • Assessors Map Reference: 43 24 10
  • Account Number: 000435
  • District: 03
  • Parcel: 03-000435
  • Latitude: 38.3251
  • Longitude: -75.8763

    Address

  • Full Address: 4703 Grovehill Ln
  • Address - House Number: 4703
  • Address - Street Name: Grovehill
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Tyaskin
  • Carrier Code: R651
  • 4-Digit Zip Code: 2088
  • Zip Code: 21865

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $931

    Appraisal Valuation

  • Standard Deviation: 0.1349
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 73
  • Final Value: 156,246
  • High Value: 177,334
  • Low Value: 135,157

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $208,160
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 23, 2021
  • First Open Lien Mortgage Loan Amount: $208,160
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $93,300
  • Market Land Value: $26,200
  • Market Improvement Value: $67,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $93,300
  • Assessed Land Value: $26,200
  • Assessed Improvements Value: $67,100

    Sales

  • Current Sale Contract Date: Jul 22, 2021
  • Current Sale Recording Date: Jul 23, 2021
  • Current Sale Transaction ID: 11845267318
  • Current Sale Price: $212,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Mar 09, 2004
  • Previous Sale Amount: $99,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 23, 2021
  • First Mortgage Loan Amount: $208,160
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2051

About Tyaskin



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Frequently Asked Questions

What neighborhood is 4703 Grovehill Lane located in?
The 4703 Grovehill Lane is a located in the neighborhood of Wicomico in Tyaskin, Tyaskin.
What is the average sales price for listings in 4703 Grovehill Lane?
The average sales price for units in 4703 Grovehill Lane is $0 currently.

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