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501 E Lincoln Ave, Salisbury, MD, 21804

$199,999

Home List Price

$2,375*

Closing Credit

3 Bedrooms
1 Full Bath
1,088 SqFt
$184/SqFt
House

Location

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501 E Lincoln Ave, Salisbury$199,999

Buyer Closing Credits

$2,375*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingShared Driveway, Gravel Driveway, Driveway
Year Built1932
HeatingHeat Pump
CoolingCentral Air
BasementYes
MLS #MDWC2014554
Lot Size0.16 Acres
StatusActive
(ACTIVE)

About 501 E Lincoln Ave

Adorable and Affordable - 3BR/1BA bungalow w/basement and two porches on a roomy corner lot near shopping, dining, and events in Salisbury's vibrant Downtown, City Park and Zoo, minutes to the University - tucked on a residential street. Sizes, taxes approximate. Original charm - deep porches, wood floors, arched doorways. Welcoming brick pathway leads to the front porch. Living room w/ lots of sunlight and wood floors. Formal dining room w/chair-rail molding, wood floors. 2 first-floor bedrooms with wood floors. Full bath w/tub/shower combo. Upstairs, a spacious 3rd bedroom / loft. Unfinished basement w/laundry area, and tons of storage space. Shared gravel driveway, nice-sized storage shed. Sizes, taxes approximate. Owners are licensed realtors in the states of Maryland and Delaware; agent has financial interest.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1932
  • Stories: 1
  • Living Area: 1,088 SqFt

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (443) 978-3330
  • Listing Agent: Richard S. Barr

Interior Features

Interior Information:

  • Appliances: Oven, Electric Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Vinyl, Wood
  • Interior: Carpet, Entry Level Bedroom, Formal/Separate Dining Room, Tub Shower, Wood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Shared Driveway, Gravel Driveway, Driveway

Virtual/3D Tour

  • Virtual Tour: 501 E Lincoln Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • James M. Bennett High School, Public District Grades 9-12
  • Bennett Middle School, Public District Grades 6-8
  • Prince Street School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Downtown Sby - Rt 13 South, left on E Carroll St, right on Eastern Shore Dr, left on Lincoln Ave *OR* E Main St to Snow Hill Road, right on Spring Ave, left on E Lincoln

Municipality:

  • Salisbury

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,999
  • Price Per SqFt: $184/SqFt

Tax Information:

  • Annual Amount: $963
  • 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

$259.3K

Med. Price/SqFt

$165

Avg. Days On Market

33

# of Sold Homes

48

501 E Lincoln Ave vs Salisbury

45 DAYS ON ROCKET

+12 Days

$199,999

-$59.3K Less

$184/SqFt

+$18 More

KEY TAKEAWAY

This property is $59.3K less than the Median Sold Price and $18/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: #MDWC2014554

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (443) 978-3330
  • Listing Agent: Richard S. Barr

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: 9/7/2024, 8:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 15, 2006Home Sold
$90,000

Tax History

YEARPROP. TAXASSESSMENT
2021$963$92,900
2020$953$92,467
2018$1,884$91,600
2017$1,749$84,967

History based on county public records data.

Payment Calculator

$1,066

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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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.

Elementary School

school-card-donut-1093110
4
/10

  • Prince Street School

  • 400 Prince St

  • 0.28 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1093111
5
/10

  • Bennett Middle School

  • 200 E College Ave

  • 0.47 miles

  • Public District Grades 6-8

High School

school-card-donut-1093112
6
/10

  • James M. Bennett High School

  • 300 E College Ave

  • 0.59 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,250. Residents of Salisbury, MD typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

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 501 E Lincoln Ave

What is the listing price of this property?

The listing price of 501 E Lincoln Ave property is $199,999.

What type of property is this?

The property 501 E Lincoln Ave is a house located in Salisbury, Maryland, 21804.

Is this property for sale now?

Active Listing: 501 E Lincoln Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 501 E Lincoln Ave are:
Prince Street School: GreatSchools Rating 4/10
Bennett Middle School: GreatSchools Rating 5/10
James M. Bennett High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $963 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 15, 2006 for $90,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 501 E Lincoln Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 501 E Lincoln Ave is 1,088 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 E Lincoln Ave is 1932.

Rocket Homes›Maryland›Wicomico County›Salisbury›21804›501 E Lincoln Ave

This home is located at 501 E Lincoln Ave in Salisbury, MD and zip code 21804. This 1,088 square foot home, which was built in 1932, sits on a 0.16 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $199,999.

In August 2024, from all listings sold in Salisbury, MD there were more than 8 sold above asking price, over 28 sold below and more than 12 were sold right at the asked price. While the average time on the market in August 2024 was 33 days, the median list price was $259,351.

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

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