NOT LISTED FOR SALE

508 Morris St Salisbury, MD 21801

North Salisbury Neighborhood

Estimated Value: $215,000 - $255,000

-- Bed
2 Baths
1,624 Sq Ft
$146/Sq Ft Est. Value

About This Home

This home is located at 508 Morris St, Salisbury, MD 21801 and is currently estimated at $236,818, approximately $145 per square foot. 508 Morris St is a home located in Wicomico County with nearby schools including Charles H. Chipman Elementary School, Glen Avenue Elementary School, and Salisbury Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2008
Sold by
Jernigan Melvin E and Jernigan Brenda
Bought by
Jernigan Brenda J
Current Estimated Value
$239,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Outstanding Balance
$155,469
Interest Rate
3.87%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$67,958

Purchase Details

Closed on
Aug 29, 2008
Sold by
Jernigan Melvin E and Jernigan Brenda
Bought by
Jernigan Brenda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Outstanding Balance
$155,469
Interest Rate
3.87%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$67,958

Purchase Details

Closed on
Aug 3, 1979
Sold by
Larmar Corp
Bought by
Jernigan Melvin E and Jernigan Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,700
Interest Rate
11.08%
Source: Public Records

Range of Values:

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

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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
Jernigan Brenda J -- --
Jernigan Brenda J -- --
Jernigan Melvin E $19,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jernigan Brenda J $262,500
Previous Owner Jernigan Brenda J $262,500
Previous Owner Jernigan Brenda $90,000
Previous Owner Jernigan Melvin E $34,700
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
2024 $1,559 $156,300 $0 $0
2023 $1,308 $131,100 $14,200 $116,900
2022 $1,260 $117,767 $0 $0
2021 $1,000 $104,433 $0 $0
2020 $1,000 $91,100 $14,200 $76,900
2019 $954 $85,467 $0 $0
2018 $900 $79,833 $0 $0
2017 $840 $74,200 $0 $0
2016 -- $74,200 $0 $0
2015 $981 $74,200 $0 $0
2014 $981 $81,900 $0 $0
Source: Public Records

Map

Maryland Wicomico County Salisbury 21801 North Salisbury

508 Morris St, Salisbury, MD

This home is located at 508 Morris St, Salisbury, MD 21801 and is currently estimated at $236,818, approximately $145 per square foot. 508 Morris St is a home located in Wicomico County with nearby schools including Charles H. Chipman Elementary School, Glen Avenue Elementary School, and Salisbury Middle School.

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