501 W Main St Salisbury, MD 21801
Westside NeighborhoodEstimated Value: $856,000
--
Bed
--
Bath
10,000
Sq Ft
$86/Sq Ft
Est. Value
About This Home
This home is located at 501 W Main St, Salisbury, MD 21801 and is currently priced at $856,000, approximately $85 per square foot. 501 W Main St is a home located in Wicomico County with nearby schools including Pinehurst Elementary School, Salisbury Middle School, and James M. Bennett High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 5, 2022
Sold by
Simson Dana
Bought by
501 W Main Street Salisbury Md 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
$12,000
Interest Rate
6.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 5, 2000
Sold by
Simson Dana
Bought by
Simson Dana
Purchase Details
Closed on
Sep 18, 1998
Sold by
Salisbury City Of
Bought by
Simson Dana
Purchase Details
Closed on
Nov 30, 1988
Sold by
Church Earl C and Church Gladys D
Bought by
Salisbury, City Of
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
501 W Main Street Salisbury Md Llc | $1,250,000 | Community Title Network | |
Simson Dana | $70,000 | -- | |
Simson Dana | $70,000 | -- | |
Simson Dana | $70,000 | -- | |
Salisbury, City Of | $350,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Backbenchers Eagle Corporation | $300,000 | |
Closed | Ault Cody T | $12,000 | |
Open | 501 W Main Street Salisbury Md Llc | $875,000 | |
Previous Owner | Orth John F | $150,000 | |
Closed | Simson Dana | -- |
Source: Public Records
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 |
---|---|---|---|---|
2025 | $6,234 | $904,433 | $0 | $0 |
2024 | $6,234 | $650,167 | $0 | $0 |
2023 | $3,949 | $395,900 | $61,100 | $334,800 |
2022 | $3,491 | $342,567 | $0 | $0 |
2021 | $2,433 | $289,233 | $0 | $0 |
2020 | $2,433 | $235,900 | $31,100 | $204,800 |
2019 | $2,469 | $235,900 | $31,100 | $204,800 |
2018 | $4,841 | $235,900 | $31,100 | $204,800 |
2017 | $4,889 | $238,300 | $0 | $0 |
2016 | $4,056 | $236,733 | $0 | $0 |
2015 | $4,056 | $235,167 | $0 | $0 |
2014 | $4,056 | $233,600 | $0 | $0 |
Source: Public Records
Map
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