1503 Magnolia Dr Salisbury, MD 21804
South Salisbury NeighborhoodEstimated payment $1,130/month
Highlights
- Open Floorplan
- 1 Fireplace
- Beamed Ceilings
- Colonial Architecture
- No HOA
- Country Kitchen
About This Home
THE BEST DEAL ON THE MARKET FOR INVESTORS! Listed Below Assetment Value – Sweet Equity Opportunity!
All Equity Goes Straight to Your Pocket After Repairs. Built in 1964, this single-family home offers approximately 2,080 finished square feet, featuring four bedrooms, one full bathroom, one half bathroom, hardwood floors, a large family room with a fireplace, numerous windows, and an unfinished basement with a walkout.
Situated on a generous 30,155 sq ft lot, the property includes parking for up to four cars. While the home needs some TLC, it holds great potential for the right investor or homeowner.
For Sale Strictly As-Is. Cash or Hard Money Loan Only. Don't miss out on this value-packed opportunity!
Listing Agent
(443) 983-0426 reuoffice@gmail.com Real Estate Unlimited LLC License #625304 Listed on: 08/09/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,825
Year Built
- Built in 1964
Lot Details
- 0.69 Acre Lot
- Property is zoned R20
Home Design
- Colonial Architecture
- Traditional Architecture
- Brick Exterior Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- Property has 2 Levels
- Open Floorplan
- Beamed Ceilings
- 1 Fireplace
- Country Kitchen
Bedrooms and Bathrooms
- 4 Bedrooms
Unfinished Basement
- Connecting Stairway
- Exterior Basement Entry
- Laundry in Basement
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
Utilities
- Central Air
- Cooling System Utilizes Natural Gas
- Hot Water Baseboard Heater
- Well
- Natural Gas Water Heater
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 12
- Assessor Parcel Number 2308003858
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,931 | $204,700 | $31,500 | $173,200 |
| 2024 | $1,885 | $190,367 | $0 | $0 |
| 2023 | $1,800 | $176,033 | $0 | $0 |
| 2022 | $1,708 | $161,700 | $31,500 | $130,200 |
| 2021 | $1,688 | $159,767 | $0 | $0 |
| 2020 | $1,688 | $157,833 | $0 | $0 |
| 2019 | $1,692 | $155,900 | $31,500 | $124,400 |
| 2018 | $1,661 | $152,167 | $0 | $0 |
| 2017 | $1,621 | $148,433 | $0 | $0 |
| 2016 | -- | $144,700 | $0 | $0 |
| 2015 | $1,383 | $144,700 | $0 | $0 |
| 2014 | $1,383 | $144,700 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/22/2026 01/22/26 | For Sale | $189,000 | 0.0% | $91 / Sq Ft | |
| 11/18/2025 11/18/25 | Off Market | $189,000 | -- | -- | |
| 10/13/2025 10/13/25 | Price Changed | $189,000 | -5.0% | $91 / Sq Ft | |
| 10/06/2025 10/06/25 | For Sale | $199,000 | 0.0% | $96 / Sq Ft | |
| 08/22/2025 08/22/25 | Pending | -- | -- | -- | |
| 08/09/2025 08/09/25 | For Sale | $199,000 | +56.7% | $96 / Sq Ft | |
| 06/30/2023 06/30/23 | Sold | $127,000 | -11.4% | $61 / Sq Ft | View Prior Sale |
| 05/18/2023 05/18/23 | Pending | -- | -- | -- | |
| 04/26/2023 04/26/23 | Price Changed | $143,400 | -10.1% | $69 / Sq Ft | |
| 04/07/2023 04/07/23 | Price Changed | $159,500 | -10.7% | $77 / Sq Ft | |
| 03/22/2023 03/22/23 | Price Changed | $178,700 | -8.9% | $86 / Sq Ft | |
| 03/06/2023 03/06/23 | For Sale | $196,100 | -- | $94 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $127,000 | None Listed On Document | |
| Deed | $132,000 | -- | |
| Deed | $103,000 | -- | |
| Deed | $66,000 | -- | |
| Deed | $60,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $64,000 | No Value Available | |
| Previous Owner | $53,500 | No Value Available | |
| Closed | -- | No Value Available |
Source: Bright MLS
MLS Number: MDWC2019224
APN: 08-003858
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
- 1515 Magnolia Dr
- 232 Morris Dr
- 4835 Goose Creek Dr
- 4696 Straw Ridge Ln
- 29918 Winchester Ct
- 1708 E Clear Lake Dr
- 121 Johnson Dr
- 1410 Galway Cir
- 4609 Coulbourn Mill Rd
- 1402 W Sandy Acres Dr
- 212 Spring Crest Dr
- 1817 W Clear Lake Dr
- 111 Francis Dr
- 152 Onley Rd
- 119 Lakewood Dr
- 415 Creekside Trail
- 1148 Kestrel Way
- 1165 S Division St
- 1506 Rose Dr
- 225 Canal Park Dr Unit 15
- 201 Coulbourn Mill Rd
- 1424 Sugarplum Ln
- 202 Onley Rd
- 1000 Marley Manor Dr
- 1409 Varsity Ln
- 1008 Sumac Cir
- 102 Hunters Way
- 231 Canal Park Dr Unit A202
- 1026 Arthur
- 1027 Adams Ave
- 701 College Ln
- 223 N Brown St
- 221 N Brown St
- 215 N Brown St
- 213 N Brown St
- 826 S Schumaker Dr
- 1105 S Schumaker Dr Unit 200
- 1101 S Schumaker Dr Unit 105
- 1103 S Schumaker Dr Unit C102
- 310 Ohio Ave