1503 Mount Hermon Rd Salisbury, MD 21804
South Salisbury NeighborhoodEstimated Value: $339,000 - $383,000
Studio
1
Bath
2,871
Sq Ft
$127/Sq Ft
Est. Value
About This Home
This home is located at 1503 Mount Hermon Rd, Salisbury, MD 21804 and is currently estimated at $365,154, approximately $127 per square foot. 1503 Mount Hermon Rd 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
Jun 5, 2024
Sold by
Kauffman Elizabeth C
Bought by
Howard Shane L and Howard Amber N
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,450
Outstanding Balance
$329,355
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$35,799
Purchase Details
Closed on
Sep 15, 2017
Sold by
Tippett Horace A and Tippett Horace P
Bought by
Kauffman Elizabeth C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
3.93%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 18, 2002
Sold by
Baird Earl G and Baird Georgianna
Bought by
Tippett Horace P
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Howard Shane L | $351,000 | Title Resources | |
| Kauffman Elizabeth C | $180,000 | None Available | |
| Tippett Horace P | $127,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Howard Shane L | $333,450 | |
| Previous Owner | Kauffman Elizabeth C | $198,000 |
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 | $2,483 | $271,767 | $0 | $0 |
| 2024 | $2,299 | $239,800 | $38,200 | $201,600 |
| 2023 | $2,247 | $225,300 | $0 | $0 |
| 2022 | $2,148 | $210,800 | $0 | $0 |
| 2021 | $1,849 | $196,300 | $38,200 | $158,100 |
| 2020 | $1,849 | $179,300 | $0 | $0 |
| 2019 | $1,699 | $162,300 | $0 | $0 |
| 2018 | $3,037 | $145,300 | $38,200 | $107,100 |
| 2017 | $2,610 | $135,133 | $0 | $0 |
| 2016 | -- | $124,967 | $0 | $0 |
| 2015 | $2,401 | $114,800 | $0 | $0 |
| 2014 | $2,401 | $114,800 | $0 | $0 |
Source: Public Records
Map
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