NOT LISTED FOR SALE

Estimated Value: $319,000 - $420,000

3 Beds
3 Baths
2,877 Sq Ft
$124/Sq Ft Est. Value

About This Home

This home is located at 1608 Mount Hermon Rd, Salisbury, MD 21804 and is currently estimated at $357,358, approximately $124 per square foot. 1608 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
Oct 29, 2014
Sold by
Tullous Todd B
Bought by
Padgette Richard B and Padgette Leslie H
Current Estimated Value
$357,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,232
Interest Rate
4.17%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 24, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Tullous Todd B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2013
Sold by
Covey Russell W and Covey Judith A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 18, 1995
Sold by
Scott John W and Scott Nicole L
Bought by
Covey Russell W and Covey Judith A

Purchase Details

Closed on
Jun 30, 1993
Sold by
To-Nga T Inc
Bought by
Scott John W and Scott Nicole L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.34%

Purchase Details

Closed on
Nov 2, 1992
Sold by
Milbourne Dennis E
Bought by
To-Nga T Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
8.21%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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
Padgette Richard B $208,000 Mid Atlantic Title & Escrow
Tullous Todd B $96,000 Key Title & Escrow
Federal Home Loan Mortgage Corporation $159,000 None Available
Covey Russell W $107,000 --
Scott John W $85,000 --
To-Nga T Inc $93,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padgette Richard B $200,000
Closed Padgette Richard B $198,200
Closed Padgette Richard B $204,232
Previous Owner Tullous Todd B $116,000
Previous Owner Covey Ii Russell W $155,300
Previous Owner Covey Russell W $123,000
Previous Owner Covey Ii Russell W $30,000
Previous Owner Scott John W $68,000
Previous Owner To-Nga T Inc $64,000
Closed Covey Russell W --
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 $1,860 $203,000 $34,600 $168,400
2024 $1,860 $187,700 $0 $0
2023 $1,764 $172,400 $0 $0
2022 $1,661 $157,100 $34,600 $122,500
2021 $1,670 $156,600 $0 $0
2020 $1,670 $156,100 $0 $0
2019 $1,689 $155,600 $34,600 $121,000
2018 $1,697 $155,600 $34,600 $121,000
2017 $1,697 $155,600 $0 $0
2016 -- $156,000 $0 $0
2015 $1,729 $156,000 $0 $0
2014 $1,729 $156,000 $0 $0
Source: Public Records

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