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Off market
  • $232,500

    517 Bailey Ln, Salisbury, MD 21801

    3beds
    0baths
    0.41Acres
    VacantLand
    Built in 1935
    0.41 Acres Lot
    $232,500 Zestimate®
    $325/sqft
    $-- Estimated rent

    Home value

    $232,500

    $214,000 - $253,000

    Not available

    Zestimate® history
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    What's special

    INVESTMEN PCKG: Combined with 515 Bailey Ln (Lot 22)! Existing structure could be removed and build new. Well must be replaced. AS-IS! Submit building permit before July 1st to beat the Wicomico Co sprinkler system mandate on all new construction. Build now and apply for building permit before October 21st to get the Wicomico Co Impact fee waived. Which is a savings of $5,231.00. See attached document for more information, and contact Wicomico County Planning and Zoning for more information regarding these dates. This property has approved perc LE #6344. Seller has 1st right of refusal to sell total investment package: 502 Hearn (MLS497896), 504 Hearn (MLS497897), 518 Hearn (MLS497898), 520 Hearn (MLS497900), 515 & 517 Bailey (MLS497901), 516 Bailey (MLS497903): for total Price of $95,500

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 0
    Heating
    • Heat pump
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 716 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 0.41 Acres
    Details
    • Parcel number: 09005749
    • Zoning description: R20

    Community & HOA

    Location
    • Region: Salisbury

    Financial & listing details

    • Price per square foot: $325/sqft
    • Tax assessed value: $226,833
    • Annual tax amount: $2,183

    Price history

    DateEventPrice
    6/9/2021Sold$190,000+0.1%$265/sqft
    Source: Public Record Report a problem
    3/1/2021Pending sale$189,900$265/sqft
    Source: Bright MLS #MDWC2000032 Report a problem
    2/26/2021Listed for sale$189,900+662.7%$265/sqft
    Source: Bright MLS #MDWC2000032 Report a problem
    6/1/2017Listing removed$24,899$35/sqft
    Source: EXIT Shore Realty #497901 Report a problem
    12/16/2016Listed for sale$24,899$35/sqft
    Source: EXIT Shore Realty #497901 Report a problem
    6/1/2016Listing removed$24,899$35/sqft
    Source: EXIT Shore Realty #497901 Report a problem
    12/1/2015Listed for sale$24,899-37.6%$35/sqft
    Source: EXIT Shore Realty #497901 Report a problem
    9/29/2010Listing removed$39,900$56/sqft
    Source: EXIT Shore Realty #464929 Report a problem
    4/3/2010Listed for sale$39,900$56/sqft
    Source: EXIT Shore Realty #464929 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,183 +19%$226,833 +18.6%
    2024$1,834 +18.1%$191,267 +22.8%
    2023$1,553 +11.6%$155,700
    2022$1,392 +13.8%$155,700 +32.4%
    2021$1,223 +391.9%$117,567 +391.9%
    2020$249 -0.6%$23,900
    2019$250 -0.5%$23,900
    2018$251 -24.6%$23,900 -8.1%
    2017$333 -28.1%$26,000
    2016$464 $26,000
    2015$464 $26,000 -2.3%
    2014$464 $26,600
    2013-- $26,600
    2012-- $26,600 -46.5%
    2011-- $49,700 +8.5%
    2010-- $45,806 +9.3%
    2009-- $41,913 +10.2%
    2008-- $38,020 +10.7%
    2007-- $34,332 +12%
    2006-- $30,646 +13.7%
    2005-- $26,960 +10.1%
    2004-- $24,482 +11.3%
    2003-- $22,006 +12.7%
    2002-- $19,530 +2.9%
    2001-- $18,972
    Find assessor info on the county website

    Neighborhood: West Side

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: West Salisbury
    • Middle: Salisbury
    • High: Wicomico

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.