4001 Timothy Way Salisbury, MD 21804
South Salisbury Neighborhood
4
Beds
2.5
Baths
2,072
Sq Ft
0.66
Acres
Highlights
- Contemporary Architecture
- Combination Kitchen and Living
- Upgraded Countertops
- Attic
- No HOA
- Formal Dining Room
About This Home
As of June 2023Welcome to your beautiful home in the Trace Hollow community that was completely renovated two years ago! This home features 4 bedrooms, 2.5 baths with an attached garage and partially fenced in backyard. Enjoy relaxing in the living room with cathedral ceilings and a cozy wood burning fireplace. Pass through the french doors and walk into the 4-season room which offers baseboard heating for the chilly winter months. The upgraded kitchen features stainless steel appliances, newer cabinets and granite countertops. A formal dining room is situated just behind the kitchen which leads to an oversized bonus room that could be used as a family room, game room or office. All four of the bedrooms are upstairs with a full bathroom in the hallway and a large linen closet. The master bedroom suite features a full bathroom and two closets. New roof installed in 2021. Don't miss your chance to own this lovely home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,944
Year Built
- Built in 1987 | Remodeled in 2021
Lot Details
- 0.66 Acre Lot
- Chain Link Fence
- Cleared Lot
- Back Yard Fenced and Front Yard
- Property is in excellent condition
Parking
- 2 Car Attached Garage
- 2 Driveway Spaces
- Front Facing Garage
- Garage Door Opener
Home Design
- Contemporary Architecture
- Block Foundation
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 2,072 Sq Ft Home
- Property has 2 Levels
- Ceiling height of 9 feet or more
- Wood Burning Fireplace
- Screen For Fireplace
- Fireplace Mantel
- Brick Fireplace
- Window Screens
- Combination Kitchen and Living
- Formal Dining Room
- Crawl Space
- Storm Doors
- Attic
Kitchen
- Eat-In Kitchen
- Double Oven
- Electric Oven or Range
- Built-In Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
Flooring
- Partially Carpeted
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Accessible Home Design
- More Than Two Accessible Exits
- Level Entry For Accessibility
Utilities
- Central Air
- Heat Pump System
- Vented Exhaust Fan
- 200+ Amp Service
- Well
- Electric Water Heater
- Septic Equal To The Number Of Bedrooms
- Septic Tank
Community Details
- No Home Owners Association
- Trace Hollow Subdivision
Listing and Financial Details
- Tax Lot 9
- Assessor Parcel Number 2308022828
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2023
Closed on
Jun 22, 2023
Sold by
Andel Mark
Bought by
Ferro Heather P
Seller's Agent
Sarah Robins
Coldwell Banker Realty
Buyer's Agent
Dustin Oldfather
Compass
List Price
$334,900
Sold Price
$334,900
Total Days on Market
1
Views
20
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$251,175
Outstanding Balance
$245,736
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$127,412
Purchase Details
Listed on
Mar 16, 2021
Closed on
Apr 28, 2021
Sold by
Murbo Llc
Bought by
Andel Mark and Andel Ashley
Seller's Agent
Grant Fritschle
Keller Williams Realty Delmarva
Buyer's Agent
Sarah Robins
Coldwell Banker Realty
List Price
$275,000
Sold Price
$275,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%
Original Mortgage
$281,325
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 8, 2021
Sold by
Jones Mateesha Estella and Matthews Arnieka Yvonne
Bought by
Murbro Llc
Purchase Details
Listed on
Oct 9, 2017
Closed on
Mar 6, 2018
Sold by
Bane Rodney C and Bane Rita M
Bought by
Jones Mateesha Esdella and Matthews Arnieka Yvonne
Seller's Agent
Dale King
Vision Realty Group of Salisbury
Buyer's Agent
Loudell Insley
RE/MAX Advantage Realty
List Price
$199,900
Sold Price
$190,900
Premium/Discount to List
-$9,000
-4.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Purchase Details
Closed on
Nov 15, 1988
Sold by
Causey Edgar W
Bought by
Bane Rodney C and Bane Rita M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
10.24%
Similar Homes in Salisbury, MD
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $334,900 | Capitol Title | |
| Deed | $275,000 | Mid Atlantic Stlmt Svcs Llc | |
| Trustee Deed | $146,000 | New World Title Co Llc | |
| Deed | $190,900 | Mid Atlantic Title & Escrow | |
| Deed | $106,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $251,175 | New Conventional | |
| Previous Owner | $281,325 | New Conventional | |
| Previous Owner | $50,000 | No Value Available | |
| Closed | $0 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2025 05/24/25 | For Sale | $424,900 | +26.9% | $205 / Sq Ft |
| 06/22/2023 06/22/23 | Sold | $334,900 | 0.0% | $162 / Sq Ft |
| 05/07/2023 05/07/23 | Pending | -- | -- | -- |
| 05/05/2023 05/05/23 | For Sale | $334,900 | +21.8% | $162 / Sq Ft |
| 04/28/2021 04/28/21 | Sold | $275,000 | 0.0% | $133 / Sq Ft |
| 03/18/2021 03/18/21 | Pending | -- | -- | -- |
| 03/16/2021 03/16/21 | For Sale | $275,000 | +44.1% | $133 / Sq Ft |
| 03/06/2018 03/06/18 | Sold | $190,900 | +0.5% | $92 / Sq Ft |
| 02/08/2018 02/08/18 | Pending | -- | -- | -- |
| 11/09/2017 11/09/17 | Price Changed | $189,900 | -5.0% | $92 / Sq Ft |
| 10/09/2017 10/09/17 | For Sale | $199,900 | -- | $96 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $2,253 | $242,400 | $0 | $0 |
| 2023 | $2,201 | $216,600 | $0 | $0 |
| 2022 | $1,944 | $190,800 | $38,200 | $152,600 |
| 2021 | $2,011 | $190,300 | $0 | $0 |
| 2020 | $2,017 | $189,800 | $0 | $0 |
| 2019 | $1,981 | $189,300 | $38,200 | $151,100 |
| 2018 | $1,801 | $177,433 | $0 | $0 |
| 2017 | $1,695 | $165,567 | $0 | $0 |
| 2016 | -- | $153,700 | $0 | $0 |
| 2015 | $1,398 | $153,700 | $0 | $0 |
| 2014 | $1,398 | $153,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Marti Hawkins
M
Seller's Agent in 2025
Marti Hawkins
ERA Martin Associates
(410) 603-6116
40 in this area
168 Total Sales
-
Sarah Robins
Seller's Agent in 2023
Sarah Robins
Coldwell Banker Realty
(443) 614-2795
11 in this area
23 Total Sales
-
Dustin Oldfather
Buyer's Agent in 2023
Dustin Oldfather
Compass
(302) 249-5899
11 in this area
1,507 Total Sales
-
Jay Doaty
Buyer Co-Listing Agent in 2023
Jay Doaty
Coastal Resort Sales and Rent
(484) 794-1263
14 in this area
113 Total Sales
-
Grant Fritschle
Seller's Agent in 2021
Grant Fritschle
Keller Williams Realty Delmarva
(410) 430-5880
7 in this area
369 Total Sales
-
Dale King
Seller's Agent in 2018
Dale King
Vision Realty Group of Salisbury
(443) 783-2230
53 in this area
196 Total Sales
Map
Source: Bright MLS
MLS Number: MDWC2009398
APN: 08-022828
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