NOT LISTED FOR SALE

1038 Caravan Way Salisbury, MD 21804

South Salisbury Neighborhood

Estimated Value: $295,823

2 Beds
2 Baths
1,582 Sq Ft
$187/Sq Ft Est. Value

About This Home

This home is located at 1038 Caravan Way, Salisbury, MD 21804 and is currently estimated at $295,823, approximately $186 per square foot. 1038 Caravan Way is a home located in Wicomico County with nearby schools including Charles H. Chipman Elementary School, Glen Avenue Elementary School, and Wicomico Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2016
Sold by
Magnolia Management Llc
Bought by
King William D and King Joan B
Current Estimated Value
$295,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,664
Outstanding Balance
$129,768
Interest Rate
3.5%
Mortgage Type
VA
Estimated Equity
$148,572

Purchase Details

Closed on
Oct 24, 2014
Sold by
Koontz Robert B and Koontz Barbara P
Bought by
Magnolia Management Llc

Purchase Details

Closed on
Nov 21, 2005
Sold by
Elliott Development Partnership
Bought by
Koontz Robert B and Koontz Barbara P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
King William D $156,500 Mid Atlantic Title & Escrow
Magnolia Management Llc -- None Available
Koontz Robert B $147,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King William D $161,664
Source: Public Records

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 $1,630 $191,400 $36,000 $155,400
2024 $1,630 $178,667 $0 $0
2023 $1,596 $165,933 $0 $0
2022 $1,561 $153,200 $36,000 $117,200
2021 $1,551 $151,800 $0 $0
2020 $1,551 $150,400 $0 $0
2019 $1,559 $149,000 $36,000 $113,000
2018 $3,048 $148,867 $0 $0
2017 $3,047 $148,733 $0 $0
2016 -- $148,600 $0 $0
2015 $2,354 $148,600 $0 $0
2014 $2,354 $148,600 $0 $0
Source: Public Records

Map

Maryland Wicomico County Salisbury 21804 South Salisbury

1038 Caravan Way, Salisbury, MD

Not Listed for Sale

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