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516 Bailey Ln

Salisbury, MD 21801

2 ba 1,206 sqft Built 2021 Lot 8,450 sqft single_family
Most recent sale
$205,000
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 30, 2025 Sold $239,896 Public Record
Dec 6, 2024 Price changed $244,900 BrightMLS
Nov 22, 2024 Price changed $249,900 BrightMLS
Oct 31, 2024 Listed $254,900 BrightMLS
Oct 7, 2022 Sold $205,000 MLS #MDWC2006756
Sep 9, 2022 Listed $199,900 MLS #MDWC2006756
May 28, 2021 Sold $185,000 MLS #MDWC2000044
Feb 26, 2021 Listed $179,900 MLS #MDWC2000044

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $140,200 $13,900 $154,100 $1,615
2021 $117,633 $1,295
2020 $3,600 $13,900 $17,500 $273
2019 $3,600 $13,900 $17,500 $243
2018 $3,600 $13,900 $17,500 $244
2017 $4,400 $13,900 $18,300 $252
2016 $4,400 $13,900 $18,300 $255
2015 $4,400 $13,900 $18,300 $255
2014 $19,600 $260
2013 $19,600 $247
2012 $19,600 $517
2011 $55,250 $462
2010 $49,620 $413

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
Baths
2
Living area
1,206 sqft
Lot size
8,450 sqft
ZIP code
21801
City
Salisbury
Street
Bailey Ln
Coordinates
38.40016, -75.60223

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 516 Bailey Ln last sell?
516 Bailey Ln most recently sold on Oct 7, 2022 for $205,000.
What is the current tax assessment for 516 Bailey Ln?
The most recent total assessment for 516 Bailey Ln (year 2023) is $154,100 with $1,615 in property tax.
How does 516 Bailey Ln's assessment compare to its last sale price?
The current assessment is 24.8% below the last sale price of $205,000.
When was 516 Bailey Ln built?
516 Bailey Ln was built in 2021.
How does 516 Bailey Ln compare to others on Bailey Ln?
We track 8 other properties on Bailey Ln. Browse the list under "Other properties on Bailey Ln" to compare beds, baths, and sale history.
What are the property facts for 516 Bailey Ln?
516 Bailey Ln is a 2 bath, 1,206 sqft, 8,450 sqft lot single_family.
Is 516 Bailey Ln a flip candidate?
No — 516 Bailey Ln does not appear in our flips dataset.
Is 516 Bailey Ln a tax-appeal candidate?
No — 516 Bailey Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+8.8%
Implied 1-yr
+35.3%
2026 Q3
$593.1K
2026 Q4
$626.4K
ZIP 21801 — Median Price History + Forecast

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