4050 Oakland School Rd Salisbury, MD 21804
South Salisbury NeighborhoodEstimated Value: $395,390 - $519,000
Studio
3
Baths
2,423
Sq Ft
$186/Sq Ft
Est. Value
About This Home
This home is located at 4050 Oakland School Rd, Salisbury, MD 21804 and is currently estimated at $450,348, approximately $185 per square foot. 4050 Oakland School Rd is a home located in Wicomico County with nearby schools including Fruitland Primary School, Fruitland Intermediate School, and Bennett Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 19, 2007
Sold by
Elite Building Services Inc
Bought by
Kim Myung Duk and Jung Mi Choi
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
$250,000
Outstanding Balance
$157,994
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$292,354
Purchase Details
Closed on
Dec 18, 2007
Sold by
Elite Building Services Inc
Bought by
Kim Myung Duk and Jung Mi Choi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$157,994
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$292,354
Purchase Details
Closed on
May 9, 2005
Sold by
Robert L Culver Inc
Bought by
Elite Building Services Inc
Purchase Details
Closed on
Jan 14, 2005
Sold by
Salisbury University
Bought by
Robert L Culver Inc
Purchase Details
Closed on
Dec 6, 2002
Sold by
Cort Bruce W
Bought by
Salisbury University and Real Estate Foundation Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kim Myung Duk | $320,000 | -- | |
| Kim Myung Duk | $320,000 | -- | |
| Elite Building Services Inc | $75,000 | -- | |
| Robert L Culver Inc | $42,000 | -- | |
| Salisbury University | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kim Myung Duk | $250,000 | |
| Closed | Kim Myung Duk | $250,000 | |
| Closed | Elite Building Services Inc | -- |
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 | $3,147 | $353,700 | $42,400 | $311,300 |
| 2024 | $3,139 | $332,633 | $0 | $0 |
| 2023 | $3,077 | $311,567 | $0 | $0 |
| 2022 | $3,014 | $290,500 | $42,400 | $248,100 |
| 2021 | $2,772 | $277,133 | $0 | $0 |
| 2020 | $2,772 | $263,767 | $0 | $0 |
| 2019 | $2,681 | $250,400 | $42,400 | $208,000 |
| 2018 | $2,589 | $240,467 | $0 | $0 |
| 2017 | $2,485 | $230,533 | $0 | $0 |
| 2016 | $2,193 | $220,600 | $0 | $0 |
| 2015 | $2,193 | $220,600 | $0 | $0 |
| 2014 | $2,193 | $220,600 | $0 | $0 |
Source: Public Records
Map
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