NOT LISTED FOR SALE

1506 Lavale Terrace Salisbury, MD 21804

South Salisbury Neighborhood

Estimated Value: $266,709 - $330,000

-- Bed
3 Baths
1,948 Sq Ft
$156/Sq Ft Est. Value

About This Home

This home is located at 1506 Lavale Terrace, Salisbury, MD 21804 and is currently estimated at $304,677, approximately $156 per square foot. 1506 Lavale Terrace 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
Feb 13, 1985
Sold by
Lilley William J and Lilley Barbara L
Bought by
Shorter George S and Shorter Patsy J
Current Estimated Value
$304,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
12.91%

Purchase Details

Closed on
Nov 21, 1977
Sold by
Sentman Ronald W and Sentman Deborah
Bought by
Lilley William J and Lilley Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,200
Interest Rate
8.93%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Shorter George S $69,900 --
Lilley William J $52,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shorter George S $161,505
Closed Shorter George S $161,397
Closed Shorter George S $46,477
Closed Shorter George S $156,900
Closed Shorter George S $148,400
Closed Shorter George S $66,400
Previous Owner Lilley William J $36,200
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 $1,831 $200,500 $36,300 $164,200
2024 $1,831 $184,733 $0 $0
2023 $1,730 $168,967 $0 $0
2022 $1,621 $153,200 $36,300 $116,900
2021 $1,625 $152,467 $0 $0
2020 $1,625 $151,733 $0 $0
2019 $1,640 $151,000 $36,300 $114,700
2018 $1,647 $150,900 $0 $0
2017 $1,646 $150,800 $0 $0
2016 -- $150,700 $0 $0
2015 $1,338 $150,400 $0 $0
2014 $1,338 $150,100 $0 $0
Source: Public Records

Map

Maryland Wicomico County Salisbury 21804 South Salisbury

1506 Lavale Terrace, Salisbury, MD

This home is located at 1506 Lavale Terrace, Salisbury, MD 21804 and is currently estimated at $304,677, approximately $156 per square foot. 1506 Lavale Terrace is a home located in Wicomico County with nearby schools including Charles H. Chipman Elementary School, Glen Avenue Elementary School, and Wicomico Middle School.

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