NOT LISTED FOR SALE

422 Bailey Ln Unit 1 Salisbury, MD 21801

North Salisbury Neighborhood

Estimated Value: $206,000 - $285,000

Studio
2 Baths
1,192 Sq Ft
$202/Sq Ft Est. Value

About This Home

This home is located at 422 Bailey Ln Unit 1, Salisbury, MD 21801 and is currently estimated at $240,602, approximately $201 per square foot. 422 Bailey Ln Unit 1 is a home located in Wicomico County with nearby schools including West Salisbury Elementary School, North Salisbury Elementary School, and Salisbury Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2008
Sold by
Waters Timothy R and Waters Gwendolyn
Bought by
Waters Timothy R
Current Estimated Value
$247,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$145,256
Interest Rate
5.91%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$95,346

Purchase Details

Closed on
May 16, 2008
Sold by
Waters Timothy R and Waters Gwendolyn
Bought by
Waters Timothy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$145,256
Interest Rate
5.91%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$95,346
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Waters Timothy R -- --
Waters Timothy R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waters Timothy R $228,000
Closed Waters Timothy R $228,000
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 $2,160 $222,733 $0 $0
2024 $1,917 $186,967 $0 $0
2023 $1,619 $151,200 $15,500 $135,700
2022 $1,481 $133,133 $0 $0
2021 $1,125 $115,067 $0 $0
2020 $1,125 $97,000 $15,500 $81,500
2019 $1,075 $97,000 $15,500 $81,500
2018 $1,080 $97,000 $15,500 $81,500
2017 $1,284 $116,400 $0 $0
2016 -- $114,267 $0 $0
2015 $1,302 $112,133 $0 $0
2014 $1,302 $110,000 $0 $0
Source: Public Records

Map

Maryland Wicomico County Salisbury 21801 North Salisbury

422 Bailey Ln Unit 1, Salisbury, MD

Not Listed for Sale

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