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1031 Caravan Way

Salisbury, MD 21804

3 bd 2 ba 1,595 sqft Built 2005 Lot 3,920 sqft townhomes
Most recent sale
$236,555
Aug 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 17, 2022 Sold $236,555 Public Record
Aug 12, 2022 Sold $236,555 BrightMLS
Jun 22, 2022 Listed $236,000 MLS #MDWC2005654
Jun 9, 2005 Sold $171,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $175,300 $36,000 $211,300 $1,930
2024 $175,300 $36,000 $211,300 $1,831
2022 $119,700 $36,000 $155,700 $1,586
2021 $154,400 $1,578
2020 $153,100 $1,579
2019 $115,800 $36,000 $151,800 $1,589
2018 $151,667 $3,104
2017 $151,533 $3,102
2016 $115,400 $36,000 $151,400 $3,058
2015 $115,400 $36,000 $151,400 $3,049
2014 $126,600 $45,000 $151,400 $3,096
2013 $126,600 $45,000 $171,600 $2,880
2012 $171,600 $2,757
2011 $171,600 $3,037
2010 $205,670 $2,888

Property facts

Year built
2005
Property type
townhomes
Stories
1
Beds
3
Baths
2
Living area
1,595 sqft
Lot size
3,920 sqft
ZIP code
21804
City
Salisbury
Street
Caravan Way
Coordinates
38.34666, -75.57612

Comparable properties nearby

Block-level micro-comps

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

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,393
Gross rental yield
12.14%
Implied cap rate
7.89%
Trend-extrapolated value

Frequently asked questions

When did 1031 Caravan Way last sell?
1031 Caravan Way most recently sold on Aug 17, 2022 for $236,555.
What is the current tax assessment for 1031 Caravan Way?
The most recent total assessment for 1031 Caravan Way (year 2025) is $211,300 with $1,930 in property tax.
How does 1031 Caravan Way's assessment compare to its last sale price?
The current assessment is 10.7% below the last sale price of $236,555.
When was 1031 Caravan Way built?
1031 Caravan Way was built in 2005.
How does 1031 Caravan Way compare to others on Caravan Way?
We track 8 other properties on Caravan Way. Browse the list under "Other properties on Caravan Way" to compare beds, baths, and sale history.
What are the property facts for 1031 Caravan Way?
1031 Caravan Way is a 3 bed, 2 bath, 1,595 sqft, 3,920 sqft lot townhomes.
Is 1031 Caravan Way a flip candidate?
No — 1031 Caravan Way does not appear in our flips dataset.
Is 1031 Caravan Way a tax-appeal candidate?
No — 1031 Caravan Way 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
+2.5%
Implied 1-yr
+10.1%
2026 Q3
$300.8K
2026 Q4
$307.3K
ZIP 21804 — Median Price History + Forecast

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