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203 Thrasher Way

Salisbury, MD 21804

3 bd 3 ba 1,688 sqft Built 1992 Lot 26,572 sqft single_family
Most recent sale
$312,000
Aug 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 19, 2022 Sold $312,000 MLS #MDWC2005024
May 27, 2022 Listed $299,900 MLS #MDWC2005024
Jun 22, 2012 Sold $185,000 Public Record
Mar 31, 2012 Listing removed $199,900 Coastal
Feb 27, 2012 Relisted $199,900 MLS #474099
Oct 22, 2011 Listing removed $199,900 Coastal
Oct 5, 2011 Price changed $199,900 MLS #474099
Aug 5, 2011 Listed $209,900 MLS #474099
Jul 18, 2002 Sold $150,000 Public Record
Sep 10, 1993 Sold $119,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $227,200 $30,600 $257,800 $2,727
2024 $227,200 $30,600 $257,800 $2,570
2022 $147,800 $30,600 $178,400 $2,189
2021 $175,533 $2,166
2020 $172,667 $2,153
2019 $139,200 $30,600 $169,800 $2,149
2018 $165,700 $2,115
2017 $161,600 $2,072
2016 $131,900 $25,600 $157,500 $2,047
2015 $131,900 $25,600 $157,500 $1,735
2014 $137,500 $55,600 $157,500 $2,031
2013 $137,500 $55,600 $193,100 $1,899
2012 $193,100 $1,731
2011 $193,100 $1,933
2010 $218,540 $1,811

Property facts

Year built
1992
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,688 sqft
Lot size
26,572 sqft
ZIP code
21804
City
Salisbury
Street
Thrasher Way
Coordinates
38.32088, -75.59741

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
$2,532
Gross rental yield
9.74%
Implied cap rate
6.33%
Trend-extrapolated value

Frequently asked questions

When did 203 Thrasher Way last sell?
203 Thrasher Way most recently sold on Aug 19, 2022 for $312,000.
What is the current tax assessment for 203 Thrasher Way?
The most recent total assessment for 203 Thrasher Way (year 2025) is $257,800 with $2,727 in property tax.
How does 203 Thrasher Way's assessment compare to its last sale price?
The current assessment is 17.4% below the last sale price of $312,000.
When was 203 Thrasher Way built?
203 Thrasher Way was built in 1992.
How does 203 Thrasher Way compare to others on Thrasher Way?
We track 3 other properties on Thrasher Way. Browse the list under "Other properties on Thrasher Way" to compare beds, baths, and sale history.
What are the property facts for 203 Thrasher Way?
203 Thrasher Way is a 3 bed, 3 bath, 1,688 sqft, 26,572 sqft lot single_family.
Is 203 Thrasher Way a flip candidate?
No — 203 Thrasher Way does not appear in our flips dataset.
Is 203 Thrasher Way a tax-appeal candidate?
No — 203 Thrasher 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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