305 Locust Ter
Salisbury, MD 21801
4 bd 2 ba 1,830 sqft Built 1934 Lot 8,250 sqft single_family
Most recent sale
$202,000
Sep 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 21, 2022 | Sold | $202,000 | MLS #MDWC2006456 |
| Aug 16, 2022 | Price changed | $204,999 | MLS #MDWC2006456 |
| Aug 13, 2022 | Listed | $179,990 | MLS #MDWC2006456 |
| May 5, 2021 | Sold | $4,350,000 | Public Record |
| Jun 4, 1998 | Sold | $48,820 | Public Record |
| Jun 3, 1998 | Sold | $48,820 | BrightMLS |
| May 27, 1988 | Sold | $45,500 | Public Record |
| Aug 9, 1985 | Sold | $42,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | $59,600 | $13,200 | $72,800 | $744 |
| 2020 | — | — | $70,900 | $731 |
| 2019 | — | — | $69,000 | $722 |
| 2018 | $53,900 | $13,200 | $67,100 | $1,385 |
| 2017 | — | — | $56,100 | $1,162 |
| 2016 | — | — | $45,100 | $925 |
| 2015 | $20,900 | $13,200 | $34,100 | $702 |
| 2014 | — | — | $34,100 | $649 |
| 2013 | — | — | $34,100 | $756 |
| 2012 | — | — | $42,700 | $726 |
| 2011 | — | — | $42,700 | $722 |
| 2010 | — | — | $42,700 | $1,047 |
Property facts
Year built
1934
Property type
single_family
Stories
3
Beds
4
Baths
2
Living area
1,830 sqft
Lot size
8,250 sqft
ZIP code
21801
City
Salisbury
Street
Locust Ter
Coordinates
38.36189, -75.60198
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,212
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 305 Locust Ter last sell?
305 Locust Ter most recently sold on Sep 21, 2022 for $202,000.
What is the current tax assessment for 305 Locust Ter?
The most recent total assessment for 305 Locust Ter (year 2021) is $72,800 with $744 in property tax.
How does 305 Locust Ter's assessment compare to its last sale price?
The current assessment is 64.0% below the last sale price of $202,000.
When was 305 Locust Ter built?
305 Locust Ter was built in 1934.
How does 305 Locust Ter compare to others on Locust Ter?
We track 8 other properties on Locust Ter. Browse the list under "Other properties on Locust Ter" to compare beds, baths, and sale history.
What are the property facts for 305 Locust Ter?
305 Locust Ter is a 4 bed, 2 bath, 1,830 sqft, 8,250 sqft lot single_family.
Is 305 Locust Ter a flip candidate?
No — 305 Locust Ter does not appear in our flips dataset.
Is 305 Locust Ter a tax-appeal candidate?
No — 305 Locust Ter is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+8.8%
Implied 1-yr
+35.3%
2026 Q3
$593.1K
2026 Q4
$626.4K
ZIP 21801 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Locust Ter