5502 Abbey Ln Salisbury, MD 21801
South Salisbury NeighborhoodEstimated Value: $432,489 - $521,000
Studio
3
Baths
3,048
Sq Ft
$162/Sq Ft
Est. Value
About This Home
This home is located at 5502 Abbey Ln, Salisbury, MD 21801 and is currently estimated at $494,122, approximately $162 per square foot. 5502 Abbey Ln is a home located in Wicomico County with nearby schools including Westside Primary School, Westside Intermediate School, and Salisbury Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 12, 1992
Sold by
Nithsdale Inc
Bought by
Rumney Steven P and Rumney Anna M
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
$195,900
Interest Rate
8.75%
Purchase Details
Closed on
Aug 11, 1986
Sold by
Esham Otis G and Esham Elizabeth R
Bought by
Nithsdale Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
10.4%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rumney Steven P | $244,900 | -- | |
| Nithsdale Inc | $1,070,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Rumney Steven P | $195,900 | |
| Previous Owner | Nithsdale Inc | $600,000 |
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 | $2,994 | $374,400 | $0 | $0 |
| 2024 | $2,974 | $331,100 | $0 | $0 |
| 2023 | $2,905 | $287,800 | $49,000 | $238,800 |
| 2022 | $2,890 | $277,767 | $0 | $0 |
| 2021 | $2,718 | $267,733 | $0 | $0 |
| 2020 | $2,718 | $257,700 | $42,000 | $215,700 |
| 2019 | $2,757 | $257,700 | $42,000 | $215,700 |
| 2018 | $2,770 | $257,700 | $42,000 | $215,700 |
| 2017 | $2,960 | $275,700 | $0 | $0 |
| 2016 | -- | $274,167 | $0 | $0 |
| 2015 | $2,590 | $272,633 | $0 | $0 |
| 2014 | $2,590 | $271,100 | $0 | $0 |
Source: Public Records
Map
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