401 Lake St Salisbury, MD 21801
Westside NeighborhoodEstimated Value: $210,282
Studio
--
Bath
--
Sq Ft
7,187
Sq Ft
About This Home
This home is located at 401 Lake St, Salisbury, MD 21801 and is currently estimated at $210,282. 401 Lake St is a home located in Wicomico County with nearby schools including Charles H. Chipman Elementary School, Glen Avenue Elementary School, and Salisbury Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 23, 2024
Sold by
Rswl Associates Llp and Rswl Associates
Bought by
Value Enterprises Llc
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
$150,000
Outstanding Balance
$148,270
Interest Rate
6.77%
Mortgage Type
Credit Line Revolving
Estimated Equity
$62,012
Purchase Details
Closed on
Sep 11, 1985
Sold by
Eure James L
Bought by
Rswl Associates
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Value Enterprises Llc | $200,000 | None Listed On Document | |
| Value Enterprises Llc | $200,000 | None Listed On Document | |
| Rswl Associates | $2,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Value Enterprises Llc | $150,000 | |
| Closed | Value Enterprises Llc | $150,000 |
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 | $98 | $10,700 | $10,700 | $0 |
| 2024 | $103 | $10,700 | $10,700 | $0 |
| 2023 | $106 | $10,700 | $10,700 | $0 |
| 2022 | $109 | $10,700 | $10,700 | $0 |
| 2021 | $110 | $10,700 | $10,700 | $0 |
| 2020 | $110 | $10,700 | $10,700 | $0 |
| 2019 | $112 | $10,700 | $10,700 | $0 |
| 2018 | $238 | $10,700 | $10,700 | $0 |
| 2017 | $238 | $10,700 | $0 | $0 |
| 2016 | -- | $10,700 | $0 | $0 |
| 2015 | $212 | $10,700 | $0 | $0 |
| 2014 | $212 | $11,900 | $0 | $0 |
Source: Public Records
Map
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