215 MorrisFruitland, MD 21826

Off market
$4,250,400 Estimated
  • Investment properties
  • 936 SF

Property Details for 215 Morris

Year built
1991
Lot size
0.42 AC
Property size (Sq ft)
936 SF
Zone code
M3
Property type
Investment properties
Property subtype
Live-work space
APN
16-027642
APU
16027642

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $151,280
    6.5%
    $139,643
    7%
    $129,669
  • Comparable approach

    Method
    Valuation
    Relative Method
    $54,677
    Geo Method
    $58,884
  • Alternative Use

    Use
    Valuation
    Residential
    $173,158
    Hospitality
    $158,611
    Educational
    $131,963
    Medical
    $136,501
    Retail
    $205,276
215 Morris, Fruitland, Maryland

Location Insight

City
Fruitland
County
Wicomico
State
Maryland
Latitude
38.3233
Longitude
-75.6153
CBSA code
41540
CBSA name
SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$720
-
-
$72,200
-
$24,600
$48,100
$72,700

FAQs

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