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115 Louise Ave

Salisbury, MD 21804

2 bd 1 ba 924 sqft Built 1946 Lot 9,148 sqft single_family
Most recent sale
$140,000
Aug 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 7, 2025 Sold $199,000 BrightMLS
Aug 11, 2022 Sold $140,000 MLS #MDWC2005514
Jun 29, 2022 Listed $132,900 MLS #MDWC2005514
Oct 3, 1991 Sold $51,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $79,733 $875
2020 $79,267 $877
2019 $52,700 $26,100 $78,800 $885
2018 $78,233 $883
2017 $77,667 $877
2016 $51,000 $26,100 $77,100 $880
2015 $51,000 $26,100 $77,100 $880
2014 $50,700 $41,100 $77,100 $997
2013 $50,700 $41,100 $91,800 $934
2012 $91,800 $839
2011 $91,800 $1,096
2010 $122,440 $966

Property facts

Year built
1946
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
924 sqft
Lot size
9,148 sqft
ZIP code
21804
City
Salisbury
Street
Louise Ave
Coordinates
38.37205, -75.56665

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
$1,386
Gross rental yield
11.88%
Implied cap rate
7.72%
Trend-extrapolated value

Frequently asked questions

When did 115 Louise Ave last sell?
115 Louise Ave most recently sold on Aug 11, 2022 for $140,000.
What is the current tax assessment for 115 Louise Ave?
The most recent total assessment for 115 Louise Ave (year 2021) is $79,733 with $875 in property tax.
How does 115 Louise Ave's assessment compare to its last sale price?
The current assessment is 43.0% below the last sale price of $140,000.
When was 115 Louise Ave built?
115 Louise Ave was built in 1946.
How does 115 Louise Ave compare to others on Louise Ave?
We track 8 other properties on Louise Ave. Browse the list under "Other properties on Louise Ave" to compare beds, baths, and sale history.
What are the property facts for 115 Louise Ave?
115 Louise Ave is a 2 bed, 1 bath, 924 sqft, 9,148 sqft lot single_family.
Is 115 Louise Ave a flip candidate?
No — 115 Louise Ave does not appear in our flips dataset.
Is 115 Louise Ave a tax-appeal candidate?
No — 115 Louise Ave 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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