NOT LISTED FOR SALE

1508 Lavale Terrace Salisbury, MD 21804

South Salisbury Neighborhood

Estimated Value: $286,000 - $320,000

-- Bed
3 Baths
1,564 Sq Ft
$191/Sq Ft Est. Value

About This Home

This home is located at 1508 Lavale Terrace, Salisbury, MD 21804 and is currently estimated at $297,979, approximately $190 per square foot. 1508 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
Oct 25, 2024
Sold by
Grasso Joseph
Bought by
Kelly Shannon
Current Estimated Value
$297,979

Purchase Details

Closed on
Jun 28, 2000
Sold by
Byrd J Bryan J and Byrd Carolyn F
Bought by
Grasso Joseph A

Purchase Details

Closed on
Oct 1, 1987
Sold by
Blakely Raymond L and Blakely Bettie W
Bought by
Byrd Byrd J and Byrd Carolyn F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,900
Interest Rate
11.02%

Purchase Details

Closed on
Aug 19, 1983
Sold by
Smallwood James R and Smallwood Jayne H
Bought by
Blakely Raymond L and Blakely Bettie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,500
Interest Rate
13.89%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Kelly Shannon -- None Listed On Document
Grasso Joseph A $109,900 --
Byrd Byrd J $89,900 --
Blakely Raymond L $79,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Byrd Byrd J $59,900
Previous Owner Blakely Raymond L $75,500
Closed Grasso Joseph A --
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 $2,081 $229,400 $36,100 $193,300
2024 $2,081 $210,733 $0 $0
2023 $1,959 $192,067 $0 $0
2022 $1,827 $173,400 $36,100 $137,300
2021 $1,824 $172,533 $0 $0
2020 $1,830 $171,667 $0 $0
2019 $1,848 $170,800 $36,100 $134,700
2018 $1,855 $170,667 $0 $0
2017 $1,854 $170,533 $0 $0
2016 -- $170,400 $0 $0
2015 $1,504 $169,867 $0 $0
2014 $1,504 $169,333 $0 $0
Source: Public Records

Map

Maryland Wicomico County Salisbury 21804 South Salisbury

1508 Lavale Terrace, Salisbury, MD

This home is located at 1508 Lavale Terrace, Salisbury, MD 21804 and is currently estimated at $297,979, approximately $190 per square foot. 1508 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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