108 Cherry St Salisbury, MD 21801
Newtown-North Division Neighborhood
Studio
--
Bath
9,100
Sq Ft
0.38
Acres Lot
About This Home
This home is located at 108 Cherry St, Salisbury, MD 21801. 108 Cherry St is a home located in Wicomico County with nearby schools including West Salisbury Elementary School, North Salisbury Elementary School, and Salisbury Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 7, 2019
Sold by
Packer Property Management Llc
Bought by
Malachi Brothers Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$316,504
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 23, 2017
Sold by
Sona Bank
Bought by
Packer Property Management Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.15%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 12, 2015
Sold by
Diamond Cindy R
Bought by
Sonabank and Greater Atlantic Bank
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Malachi Brothers Llc | $360,000 | None Available | |
| Packer Property Management Llc | $200,000 | Resort Land Title & Escrow L | |
| Sonabank | $310,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Malachi Brothers Llc | $360,000 | |
| Previous Owner | Packer Property Management Llc | $160,000 |
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 | $460 | $50,300 | $40,800 | $9,500 |
| 2024 | $477 | $49,700 | $0 | $0 |
| 2023 | $485 | $49,100 | $0 | $0 |
| 2022 | $494 | $48,500 | $40,600 | $7,900 |
| 2021 | $472 | $46,200 | $0 | $0 |
| 2020 | $453 | $43,900 | $0 | $0 |
| 2019 | $435 | $41,600 | $40,600 | $1,000 |
| 2018 | $1,027 | $41,600 | $40,600 | $1,000 |
| 2017 | $1,041 | $41,600 | $0 | $0 |
| 2016 | $851 | $42,900 | $0 | $0 |
| 2015 | $851 | $42,900 | $0 | $0 |
| 2014 | $851 | $42,900 | $0 | $0 |
Source: Public Records
Map
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