1503 Magnolia Dr Salisbury, MD 21804
South Salisbury NeighborhoodEstimated payment $1,162/month
Highlights
- Open Floorplan
- 1 Fireplace
- Beamed Ceilings
- Colonial Architecture
- No HOA
- Country Kitchen
About This Home
All bids and offers must be submitted through the Hubzu website.
THE BEST DEAL ON THE MARKET FOR INVESTORS!
Listed Below Assessed Value – Sweet Equity Opportunity!
All equity goes straight to your pocket after repairs.
Built in 1964, this spacious single-family home offers approximately 2,080 finished sq ft, featuring:
4 bedrooms
1 full bathroom + 1 half bathroom
Hardwood floors
Large family room with fireplace
Plenty of natural light
Unfinished walkout basement with great potential
Sitting on a generous 30,155 sq ft lot, the property also offers parking for up to four vehicles. While the home does need some TLC, it provides outstanding potential for investors or homeowners looking to add value.
For Sale Strictly As-Is.
Cash or Hard Money Financing Only.
Don’t miss out on this value-packed opportunity!
Listing Agent
(443) 590-0090 reuoffice@gmail.com Real Estate Unlimited LLC Brokerage Phone: 4435900090 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
- 30,155 Sq Ft 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
- Heating System Uses 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 |
|---|---|---|---|---|---|
| 03/26/2026 03/26/26 | For Sale | $189,000 | 0.0% | $91 / Sq Ft | |
| 02/07/2026 02/07/26 | Off Market | $189,000 | -- | -- | |
| 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
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Ask me questions while you tour the home.