new - 6 days on rocket

406 Bailey Ln, Salisbury, MD, 21801

$269,900

Home List Price

$3,205*

Closing Credit

3 Bedrooms
2 Full Baths
1,200 SqFt
$225/SqFt
House

Location

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406 Bailey Ln, Salisbury$269,900

Buyer Closing Credits

$3,205*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1975
HeatingHeat Pump
CoolingCeiling Fan(s), Central Air
MLS #MDWC2016124
Lot Size0.49 Acres
StatusActive
(ACTIVE)

About 406 Bailey Ln

This completely remodeled rancher has everything New!! Sitting on almost a half an acre, you will enjoy the brand new stainless steel appliances, luxury plank flooring, open floor plan and more. Located close to shopping and just miles from both universities. New siding and gutter, large shed, privacy fencing in rear yard and 1 year builders warranty! Let's make this your New Home!! WON'T LAST!! *Tax amounts in the listing are for the property before they did the renovation. Buyer/buyers agent to verify tax amounts and all listing information to their satisfaction. New buyers will be responsible for maintaining the lease on the water treatment system.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1975
  • Stories: 1
  • Living Area: 1,200 SqFt

Listing Office:

  • Office Name: ERA Martin Associates
  • Office Phone: (410) 749-1818
  • Listing Agent: Jeff Dale

Interior Features

Interior Information:

  • Appliances: Stainless Steel Appliances
  • Basement: No
  • Flooring Type: Luxury Vinyl Plank
  • Interior: Kitchen - Eat-In

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.49 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $269,900
  • Price Per SqFt: $225/SqFt

Tax Information:

  • Annual Amount: $612
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Salisbury, MD.

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Salisbury, MD

City

Med. Sold Price

$259.9K

Med. Price/SqFt

$167

Avg. Days On Market

36

# of Sold Homes

52

406 Bailey Ln vs Salisbury

6 DAYS ON ROCKET

-30 Days

$269,900

+$9.9K More

$225/SqFt

+$58 More

KEY TAKEAWAY

This property is $9.9K more than the Median Sold Price and $58/SqFt more than other homes in Salisbury, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDWC2016124

Listing Office:

  • Office Name: ERA Martin Associates
  • Office Phone: (410) 749-1818
  • Listing Agent: Jeff Dale

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/19/2024, 12:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$612$67,833
2020$727$58,500
2018$675$58,500
2017$782$68,600

History based on county public records data.

Payment Calculator

$1,415

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$876

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-260855
6
/10

  • North Salisbury Elementary School

  • 1213 Emerson Ave

  • 1.51 miles

  • Public Magnet Grades 3-5

school-card-donut-260856
3
/10

  • East Salisbury Elementary School

  • 1201 Old Ocean City Rd

  • 2.13 miles

  • Public District Grades 3-5

school-card-donut-260857
5
/10

  • Pemberton Elementary School

  • 1300 Pemberton Dr

  • 2.82 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,389. Most Salisbury, MD residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Salisbury, MD

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Salisbury, MD.

Salisbury's housing market offers a diverse array of options, with single-family homes being a significant presence. Architectural styles range from classic colonial to contemporary ranch designs, reflecting the city's historical roots and modern growth. While the majority of homes are owner-occupied, a substantial portion of the population opts for rental properties, including apartments and townhouses, accommodating a variety of lifestyle needs.

What is it like to live in Salisbury, MD?

Salisbury is celebrated for its vibrant community spirit and rich cultural heritage. The city prides itself on hosting events like the annual Salisbury Festival, which showcases local art, music, and cuisine, fostering a strong sense of community among residents. The downtown area, with its historic charm and modern amenities, serves as a focal point for communal gatherings and social activities.

Is it easy to get around Salisbury, MD without a car?

The community benefits from a robust educational system, with multiple public schools at the elementary, middle, and high school levels, as well as private educational institutions that cater to diverse learning preferences. Healthcare services are comprehensive, with facilities offering urgent care, primary care, and specialized medical treatments. The public library system serves as a valuable resource for residents, and the city's retail and dining establishments reflect the local culture, with initiatives in place to adapt to the evolving needs of the population.

Transportation in Salisbury, MD.

Salisbury's transport infrastructure caters to a range of preferences, with public transit options complementing the network of roads and highways that facilitate travel within and beyond the city. The area's walkability varies, with certain neighborhoods offering more pedestrian-friendly environments than others. Bike paths and lanes are also available for cycling enthusiasts. Public transportation schedules are designed to accommodate the needs of commuters, with enhancements to transport efficiency and accessibility being an ongoing focus for city planners.

Frequently Asked Questions About 406 Bailey Ln

What is the listing price of this property?

The listing price of 406 Bailey Ln property is $269,900.

What type of property is this?

The property 406 Bailey Ln is a house located in Salisbury, Maryland, 21801.

Is this property for sale now?

Active Listing: 406 Bailey Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $612 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 406 Bailey Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 406 Bailey Ln is 1,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 406 Bailey Ln is 1975.

Rocket Homes›Maryland›Wicomico County›Salisbury›21801›406 Bailey Ln

This home is located at 406 Bailey Ln in Salisbury, MD and zip code 21801. This 1,200 square foot home, which was built in 1975, sits on a 0.49 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $269,900.

Over 13 listings were sold over their listed price in November 2024 in Salisbury, MD. In the same period over 21 listings were sold below the listed price and 18 listings were sold for the listed price. The inventory of homes for sale in Salisbury, MD between October 2024 and November 2024 increased by 1.1%. The median list price of listings available in November 2024 was $259,966, while the average time on the real estate market was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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