5809 Penny Ln
Salisbury, MD 21801
4 bd 4 ba 4,237 sqft Built 1985 Lot 313,632 sqft single_family
Most recent sale
$620,000
Apr 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 15, 2022 | Sold | $620,000 | MLS #MDWC2003242 |
| Feb 1, 2022 | Listed | $650,000 | MLS #MDWC2003242 |
| Nov 10, 2020 | Sold | $426,000 | Public Record |
| Sep 29, 2020 | Relisted | $425,000 | MLS #MDWC109420 |
| Aug 25, 2020 | Listed | $425,000 | MLS #MDWC109420 |
| Feb 4, 2020 | Price changed | $424,900 | MLS #MDWC104020 |
| Dec 14, 2019 | Price changed | $429,000 | MLS #MDWC104020 |
| Dec 12, 2019 | Price changed | $419,900 | MLS #MDWC104020 |
| Dec 11, 2019 | Listed | $429,500 | MLS #MDWC104020 |
| Aug 16, 1984 | Sold | $48,500 | Public Record |
| Jun 2, 1983 | Sold | $44,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $295,900 | $90,500 | $386,400 | $3,880 |
| 2021 | — | — | $345,733 | $3,594 |
| 2020 | $234,900 | $90,500 | $325,400 | $3,416 |
| 2019 | $234,900 | $90,500 | $325,400 | $3,466 |
| 2018 | $234,900 | $90,500 | $325,400 | $3,483 |
| 2017 | $259,600 | $90,500 | $350,100 | $3,596 |
| 2016 | — | — | $332,333 | $3,490 |
| 2015 | — | — | $314,567 | $3,351 |
| 2014 | — | — | $296,800 | $3,089 |
| 2013 | — | — | $296,800 | $2,887 |
| 2012 | — | — | $296,800 | $2,998 |
| 2011 | — | — | $336,920 | $2,965 |
| 2010 | — | — | $336,920 | $2,965 |
Property facts
Year built
1985
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
4,237 sqft
Lot size
313,632 sqft
ZIP code
21801
City
Salisbury
Street
Penny Ln
Coordinates
38.35198, -75.67430
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,356
Gross rental yield
12.30%
Implied cap rate
8.00%
Trend-extrapolated value
—
Frequently asked questions
When did 5809 Penny Ln last sell?
5809 Penny Ln most recently sold on Apr 15, 2022 for $620,000.
What is the current tax assessment for 5809 Penny Ln?
The most recent total assessment for 5809 Penny Ln (year 2023) is $386,400 with $3,880 in property tax.
How does 5809 Penny Ln's assessment compare to its last sale price?
The current assessment is 37.7% below the last sale price of $620,000.
When was 5809 Penny Ln built?
5809 Penny Ln was built in 1985.
How does 5809 Penny Ln compare to others on Penny Ln?
We do not currently track other properties on Penny Ln.
What are the property facts for 5809 Penny Ln?
5809 Penny Ln is a 4 bed, 4 bath, 4,237 sqft, 313,632 sqft lot single_family.
Is 5809 Penny Ln a flip candidate?
Yes — 5809 Penny Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5809 Penny Ln a tax-appeal candidate?
No — 5809 Penny Ln 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
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Geography