27583 Preakness Way
Salisbury, MD 21801
4 bd 3 ba 2,340 sqft Built 2004 Lot 24,196 sqft single_family
Most recent sale
$425,900
Nov 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 12, 2024 | Sold | $449,900 | Public Record |
| Jun 24, 2024 | Price changed | $449,900 | BrightMLS |
| Jun 5, 2024 | Listed | $459,900 | BrightMLS |
| Nov 30, 2022 | Sold | $425,900 | BrightMLS |
| Oct 6, 2022 | Listed | $424,900 | BrightMLS |
| Jul 9, 2021 | Sold | $400,000 | BrightMLS |
| Jun 5, 2021 | Listed | $379,900 | BrightMLS |
| May 25, 2004 | Sold | $236,300 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $241,300 | $48,000 | $289,300 | $2,860 |
| 2022 | — | — | $272,167 | $2,773 |
| 2021 | — | — | $255,033 | $1,303 |
| 2020 | $189,900 | $48,000 | $237,900 | $2,453 |
| 2019 | — | — | $236,800 | $2,478 |
| 2018 | — | — | $235,700 | $2,479 |
| 2017 | $179,600 | $55,000 | $234,600 | $2,467 |
| 2016 | — | — | $233,233 | $2,480 |
| 2015 | — | — | $230,500 | $2,451 |
| 2014 | — | — | $230,500 | $2,352 |
| 2012 | — | — | $230,500 | $2,195 |
| 2011 | — | — | $266,060 | $2,343 |
| 2010 | — | — | $266,060 | $2,317 |
| 2009 | — | — | $266,060 | $2,317 |
| 2008 | — | — | $267,700 | $2,429 |
Property facts
Year built
2004
Property type
single_family
Stories
3
Beds
4
Baths
3
Living area
2,340 sqft
Lot size
24,196 sqft
ZIP code
21801
City
Salisbury
Street
Preakness Way
Coordinates
38.35911, -75.65777
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,510
Gross rental yield
9.89%
Implied cap rate
6.43%
Trend-extrapolated value
—
Frequently asked questions
When did 27583 Preakness Way last sell?
27583 Preakness Way most recently sold on Nov 30, 2022 for $425,900.
What is the current tax assessment for 27583 Preakness Way?
The most recent total assessment for 27583 Preakness Way (year 2023) is $289,300 with $2,860 in property tax.
How does 27583 Preakness Way's assessment compare to its last sale price?
The current assessment is 32.1% below the last sale price of $425,900.
When was 27583 Preakness Way built?
27583 Preakness Way was built in 2004.
How does 27583 Preakness Way compare to others on Preakness Way?
We do not currently track other properties on Preakness Way.
What are the property facts for 27583 Preakness Way?
27583 Preakness Way is a 4 bed, 3 bath, 2,340 sqft, 24,196 sqft lot single_family.
Is 27583 Preakness Way a flip candidate?
No — 27583 Preakness Way does not appear in our flips dataset.
Is 27583 Preakness Way a tax-appeal candidate?
No — 27583 Preakness Way 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