$250,000

Estimated payment $1,384/month

Total Views 736
3 Beds
2 Baths
1,488 Sq Ft
$168 Price per Sq Ft

Highlights

  • Boat Ramp
  • Colonial Architecture
  • Corner Lot
  • River View
  • Deck
  • 1-minute walk to Lake Street Park

About This Home

701 Lake Street – 3BR, 2BA | 1,488 SqFt | Salisbury, MD
Welcome to 701 Lake Street, a well-maintained 3-bedroom, 2-bathroom home located in the heart of Salisbury. Conveniently situated near Chipman Elementary School and the historic site of Johnson Lake, this property offers easy access to schools, parks, and major routes.
Inside, you'll find: -A first-floor bedroom ideal for guests or single-level living
-A comfortable living room and eat-in kitchen
-A utility room for added convenience
-A sunroom perfect for relaxing or entertaining
-Two upstairs bedrooms plus a bonus room that can serve as a playroom, office, or creative space -Outside, enjoy a backyard shed for extra storage and a driveway just off Rose Street, offering private parking. With 1,488 square feet of living space, this home is perfect for families, first-time buyers, or anyone looking for a well-located property in Salisbury.

Listing Agent

Tanisha Taylor

(443) 735-3881 tanisha.taylor@cbrealty.com Coldwell Banker Realty Listed on: 11/11/2025

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $796

Year Built

  • Built in 1923

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot
  • Property is zoned R5

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Block Foundation

Interior Spaces

  • 1,488 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • River Views
  • Crawl Space
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 0006
  • Assessor Parcel Number 48324

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$796

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Inclusions: shed
  • New Construction: No
  • Story List: Upper 1
  • Expected On Market: 11/11/2025 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Oven/Range - Gas, Refrigerator, Washer
  • Foundation Details: Block, Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1
  • Basement: No
  • Total Sq Ft: 1488
  • Living Area Sq Ft: 1488
  • Price Per Sq Ft: 168.01
  • Above Grade Finished Sq Ft: 1488
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Combination
  • View: River
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Private Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Ramp
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Corner
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.00
  • Outdoor Living Structures: Deck(s), Enclosed
  • Zoning: R5
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 796.00
  • Assessor Parcel Number: 48324
  • Tax Lot: 0006
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $796 $89,100 $0 $0
2024 $796 $83,000 $10,700 $72,300
2023 $707 $71,467 $0 $0
2022 $611 $59,933 $0 $0
2021 $495 $48,400 $7,900 $40,500
2020 $471 $47,900 $0 $0
2019 $496 $47,400 $0 $0
2018 $997 $46,900 $7,900 $39,000
2017 $704 $46,033 $0 $0
2016 -- $45,167 $0 $0
2015 $86 $44,300 $0 $0
2014 $86 $44,300 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2025 11/11/25 For Sale $250,000 -- $168 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Secu Title Services Llc
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $54,000 New Conventional
Source: Public Records

Source: Bright MLS

MLS Number: MDWC2020530

Bright MLS

APN: 09-048324