Seller's Agent in 2021
Laurie Cannon
ERA Martin Associates
(410) 251-2400
56 in this area
153 Total Sales
503 Tony Tank Ln Salisbury, MD 21801
South Salisbury NeighborhoodEstimated Value: $826,000 - $851,000
3
Beds
4
Baths
4,200
Sq Ft
$200/Sq Ft
Est. Value
Highlights
- Waterfront
- Attic
- 2 Car Direct Access Garage
- Raised Ranch Architecture
- 2 Fireplaces
- Tankless Water Heater
About This Home
As of March 2021Stunning inside and out! Enjoy peaceful, waterfront living at its best in this beautiful brick home on Tony Tank Lake. The water views are seen as soon as you enter the front door and through most rooms in this well maintained home. The kitchen is perfect for making family meals or elegant yet cozy entertaining with Viking appliances, tons of cabinets and granite counters and even a corner fireplace! Fabulous open floor plan perfect for gatherings, but still separate spaces for working, teaching, hobbies etc. Main floor has a desk space away from the main living areas that is perfect for work from home/ school from home situations. Spacious Master bedroom and bath and another bedroom and full bath all on the main floor and 2 large rooms with closets and half bath below with walk out to the water for a total of 3 bedrooms and 2 full baths and 2 half baths and large living spaces on both levels!! So enjoy the water views and relax at this perfect home!!! All inspections have been done and any suggested repairs have been made so move into this fabulously maintained home with no worries!!!! Make this your full time home or part time retreat!! You are only a couple of hours away from major cities like Baltimore, Washington DC, Wilmington, Norfolk, etc... and locally you are so close to Salisbury University, Peninsula Regional Hospital, Salisbury Restaurants, UMES and more!!!! So call today and make an appointment to see this property you'll be happy to have!!!
Last Agent to Sell the Property
(410) 251-2400 laurie.cannon@era.com ERA Martin Associates License #520457 Listed on: 10/28/2020
Last Buyer's Agent
(410) 726-6557 sdouganrealtor@yahoo.com Berkshire Hathaway HomeServices PenFed Realty - OP License #RS0024742
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,700
Year Built
- Built in 1963
Lot Details
- 0.72 Acre Lot
- Waterfront
- Property is in excellent condition
- Property is zoned R20
HOA Fees
- $16 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Side Facing Garage
- Garage Door Opener
Home Design
- Raised Ranch Architecture
- Brick Exterior Construction
- Architectural Shingle Roof
Interior Spaces
- Property has 2 Levels
- 2 Fireplaces
- Basement Fills Entire Space Under The House
- Attic
Bedrooms and Bathrooms
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Canoe or Kayak Water Access
- Property is near a lake
Schools
- Bennett Middle School
- James M. Bennett High School
Utilities
- Central Air
- Heat Pump System
- Private Water Source
- Tankless Water Heater
- Septic Tank
- Community Sewer or Septic
Community Details
- Tony Tank Subdivision
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 16-015377
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2020
Closed on
Mar 12, 2021
Sold by
Stephens Beth Ann
Bought by
Wagner Michael J and Wagner Angela R
Seller's Agent
Laurie Cannon
ERA Martin Associates
Buyer's Agent
Sandy Dougan
Berkshire Hathaway HomeServices PenFed Realty - OP
List Price
$699,900
Sold Price
$625,000
Premium/Discount to List
-$74,900
-10.7%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,819
Avg. Annual Appreciation
6.66%
Original Mortgage
$500,000
Outstanding Balance
$448,215
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$391,604
Purchase Details
Closed on
Jun 21, 2018
Sold by
Stephens Robert L and Stephens Beth A
Bought by
Stephens Beth Ann
Purchase Details
Closed on
Dec 9, 2009
Sold by
Delmarva Construction Inc
Bought by
Stephens Robert L and Stephens Beth A
Purchase Details
Closed on
May 20, 2009
Sold by
Davis Wilson E
Bought by
Delmarva Construction Inc
Purchase Details
Closed on
Mar 20, 2006
Sold by
Bozman Carole K
Bought by
Davis Wilson E
Purchase Details
Closed on
Mar 15, 2006
Sold by
Bozman Carole K
Bought by
Davis Wilson E
Purchase Details
Closed on
Jul 29, 1998
Sold by
Bozman Maurice W
Bought by
Bozman Carole K
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wagner Michael J | $625,000 | Dba Real Estate T&E | |
| Stephens Beth Ann | -- | None Available | |
| Stephens Robert L | $800,000 | -- | |
| Delmarva Construction Inc | $885,000 | -- | |
| Davis Wilson E | $580,000 | -- | |
| Davis Wilson E | $580,000 | -- | |
| Bozman Carole K | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wagner Michael J | $500,000 | |
| Closed | Davis Wilson E | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/12/2021 03/12/21 | Sold | $625,000 | -3.8% | $149 / Sq Ft |
| 01/26/2021 01/26/21 | Pending | -- | -- | -- |
| 01/07/2021 01/07/21 | Price Changed | $649,900 | -3.7% | $155 / Sq Ft |
| 11/18/2020 11/18/20 | Price Changed | $674,900 | -3.6% | $161 / Sq Ft |
| 10/28/2020 10/28/20 | For Sale | $699,900 | -- | $167 / Sq Ft |
Source: Bright MLS
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 | $5,811 | $668,600 | $0 | $0 |
| 2024 | $5,811 | $599,800 | $178,200 | $421,600 |
| 2023 | $5,818 | $582,467 | $0 | $0 |
| 2022 | $5,819 | $565,133 | $0 | $0 |
| 2021 | $5,720 | $547,800 | $178,200 | $369,600 |
| 2020 | $2,898 | $530,867 | $0 | $0 |
| 2019 | $5,379 | $513,933 | $0 | $0 |
| 2018 | $5,236 | $497,000 | $178,200 | $318,800 |
| 2017 | $5,241 | $492,067 | $0 | $0 |
| 2016 | -- | $487,133 | $0 | $0 |
| 2015 | $6,019 | $482,200 | $0 | $0 |
| 2014 | $6,019 | $482,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Laurie Cannon
-
Sandy Dougan
Buyer's Agent in 2021
Sandy Dougan
Berkshire Hathaway HomeServices PenFed Realty - OP
(410) 726-6557
8 in this area
128 Total Sales
Map
Source: Bright MLS
MLS Number: MDWC110110
APN: 16-015377
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