422 Bailey Ln Unit 1 Salisbury, MD 21801
North Salisbury NeighborhoodEstimated Value: $218,000 - $317,000
Studio
2
Baths
1,192
Sq Ft
$215/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 $256,851, approximately $215 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
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
$111,595
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
$111,595
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Home Values in the Area
Average Home Value in this Area
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
| 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
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