10 days on rocket

Sale Pending

1505 Lavale Ter, Salisbury, MD, 21804

$325,000

Home List Price

$3,859*

Closing Credit

3 Bedrooms
2 Full Baths
2,069 SqFt
$157/SqFt
House
Schools Nearby

Location

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1505 Lavale Ter, Salisbury$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingPaved Driveway, Attached Carport, Driveway
Year Built1971
HeatingForced Air
CoolingCentral Air
MLS #MDWC2013344
Lot Size0.48 Acres
StatusSale Pending
(PENDING)

About 1505 Lavale Ter

This spacious 2069 sq ft rancher sits perfectly on a .48-acre corner lot, offering ample space and privacy. Originally purchased by the current owners in 2015, this meticulously maintained home has undergone continuous updates and upgrades, ensuring modern comforts and style. The kitchen has been renovated with granite countertops, stainless steel appliances, and new cabinetry. Hardwood floors grace the primary suite, and its attached bath was updated in 2021. The property boasts a generously sized carport capable of accommodating 3 cars, trailers, or watercraft, complemented by a driveway with space for an additional 6 vehicles. The backyard is a haven, fully fenced with a separate section dedicated to two large raised garden beds, perfect for cultivating greenery. A shed provides extra storage space, while a laundry/mud room addition in 2023 enhances functionality. Furthermore, a standout feature is the expansive workshop with an attached storage area, providing ample room for projects and hobbies. There have been MAJOR updates as well including a brand new roof, windows, hot water heater, and HVAC system. This property offers a perfect blend of functionality, comfort, and outdoor living, making it an ideal home for those seeking space and versatility. Professional photos coming soon.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1971
  • Stories: 1
  • Living Area: 2,069 SqFt

Listing Office:

  • Office Name: Engel & Volkers Ocean City
  • Office Phone: (443) 292-6767
  • Listing Agent: LISA M JACKSON

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Laminate Plank, Carpet, Ceramic Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Hot Tub, Secure Storage

Parking Information:

  • Parking: Paved Driveway, Attached Carport, Driveway

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.48 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Wicomico High School, Public District Grades 9-12
  • Wicomico Middle School, Public District Grades 6-8
  • Glen Avenue School, Public District Grades 3-5

Other

Directions Information:

  • Directions: From 50W turn left on Tilghman Rd, right on Mt. Hermon Rd, left on Gunby and then right onto Lavale Terrace. Property will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $157/SqFt

Tax Information:

  • Annual Amount: $1,657
  • 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

$257.2K

Med. Price/SqFt

$165

Avg. Days On Market

44

# of Sold Homes

41

1505 Lavale Ter vs Salisbury

10 DAYS ON ROCKET

-34 Days

$325,000

+$67.7K More

$157/SqFt

-$8 Less

KEY TAKEAWAY

This property is $67.7K more than the Median Sold Price and $8/SqFt less than other homes in Salisbury, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDWC2013344

Listing Office:

  • Office Name: Engel & Volkers Ocean City
  • Office Phone: (443) 292-6767
  • Listing Agent: LISA M JACKSON

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: 5/4/2024, 2:20:38 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

Sep 22, 2015Home Sold
$120,900
Sep 06, 2006Home Sold
$175,000
Jun 27, 2006Home Sold
$155,000
Nov 20, 2000Home Sold
$114,930

Tax History

YEARPROP. TAXASSESSMENT
2021$1,657$159,833
2020$1,700$159,067
2018$1,724$158,200
2017$1,723$158,100

History based on county public records data.

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$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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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-5978342
3
/10

  • Glen Avenue School

  • 1615 Glen Avenue Ext

  • 0.41 miles

  • Public District Grades 3-5

Middle School

school-card-donut-5978343
4
/10

  • Wicomico Middle School

  • 635 E Main St

  • 1.82 miles

  • Public District Grades 6-8

High School

school-card-donut-5978344
3
/10

  • Wicomico High School

  • 201 Long Ave

  • 1.46 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 $68,421. Residents of Salisbury, MD typically earn between $35k-100k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1505 Lavale Ter

What is the listing price of this property?

The listing price of 1505 Lavale Ter property is $325,000.

What type of property is this?

The property 1505 Lavale Ter is a house located in Salisbury, Maryland, 21804.

Is this property for sale now?

Sale Pending: 1505 Lavale Ter is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1505 Lavale Ter are:
Glen Avenue School: GreatSchools Rating 3/10
Wicomico Middle School: GreatSchools Rating 4/10
Wicomico High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,657 (source: MLS/based on county public records data).

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

The last sale was on September 22, 2015 for $120,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1505 Lavale Ter has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1505 Lavale Ter is 2,069 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1505 Lavale Ter is 1971.

Rocket Homes›Maryland›Wicomico County›Salisbury›21804›1505 Lavale Ter

This home is located at 1505 Lavale Ter in Salisbury, MD and zip code 21804. This 2,069 square foot home, which was built in 1971, sits on a 0.48 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $325,000.

In April 2024, from all listings sold in Salisbury, MD there were more than 7 sold above asking price, over 19 sold below and more than 15 were sold right at the asked price. In April 2024 in Salisbury, MD there were 1.9% more homes for sale than in March 2024. In April 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $257,293.

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

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