See Home Value
Wicomico 21801
27524 DERBY DRIVE
$500,000
● House - Off Market

27524 DERBY DRIVE

SALISBURY, MD 21801
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,078 Ft²
$2,910
Est. Monthly
$35
HOA / Fees

About This Property

BUYERS FAILED TO PERFORM NOW BACK ON THE MARKET

Nestled on a beautifully landscaped cul-de-sac lot in one of Salisbury's desirable communities, this spacious brick-front home offers over 3,000 + square feet of living space, a rare assumable VA loan at just 2.99% for qualified buyers, and access to a clubhouse, swimming pool, and tennis courts.

Designed for both everyday living and entertaining, the main level features generous living and dining areas, a dedicated home office (which can serve as a 6th bedroom), and an expansive kitchen with abundant cabinetry, granite countertops, a center island with seating, and a sunny breakfast nook overlooking the backyard. Hardwood flooring and large windows create a bright, inviting atmosphere throughout.

The expansive primary suite includes a walk-in closet and a private bath with dual vanities, a soaking tub, and a separate shower. Three additional bedrooms and a finished bonus room offer flexibility for a fifth bedroom, guest suite, media room, playroom, fitness room, or additional workspace.

A standout feature is the enormous walk-up attic, which provides exceptional storage and future expansion potential. The oversized side-entry 3 car garage and extended driveway offer ample parking for multiple vehicles.

Surrounded by mature trees and open green space, the backyard provides plenty of room for entertaining, gardening, recreation, or simply relaxing in a peaceful setting.

Located in Salisbury-the economic, educational, medical, and cultural hub of Maryland's Eastern Shore-this home offers convenient access to shopping, dining, healthcare, Salisbury University, and major commuter routes. Enjoy easy access to Ocean City, Rehoboth Beach, and Assateague Island, placing beaches, boating, fishing, and outdoor recreation within reach.

With over 3,000 square feet, home office space, 5 bedroom potential, abundant storage, desirable community amenities, and a prime location near the Eastern Shore's most popular destinations, this property offers an exceptional combination of comfort, convenience, and value.
Unit Size
3,078 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$167
Property Type
House
Property Taxes
$346
HOA Dues
$35
Year Built
2005

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Last updated: 2 months ago (Bright MLS #MDWC2022628)

Price History

Date / Event Date Event Price
Aug 31, 2026 Sold
Sold
Aug 15, 2026 In contract -
In contract
Aug 6, 2026 Relisted $514,900
Relisted
Jun 12, 2026 In contract -
In contract
Jun 11, 2026 Listed by Serhant $514,900
Listed by Serhant
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Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 704
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,288
  • Total Building Area: 3,078
  • Gross Building Area: 3,078
  • Building Area: 3,078
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 3,078
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STEEPLECHASE SEC 4
  • Land Acres: 0000000695
  • Standard Land Use Code: 1001
  • County Land Use Code: R-C001
  • Legal Description 1: BL D L 46A-30,288 SF 27524 DERBY DRIVE STEEPLECHASE SEC 4

Neighborhood

  • School District Name: Wicomico County Public Schools
  • Census Tract: 010300

Zoning

  • Zoning: AR

Geography

  • Assessors Map Reference: 37 21 437
  • Account Number: 090797
  • District: 09
  • Section: 4
  • Parcel: 09-090797
  • Block: D
  • Lot: 46A
  • Latitude: 38.3577
  • Longitude: -75.6601

    Address

  • Full Address: 27524 Derby Dr
  • Address - House Number: 27524
  • Address - Street Name: Derby
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Salisbury
  • Carrier Code: R016
  • 4-Digit Zip Code: 1823
  • Zip Code: 21801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $360,165

    Appraisal Valuation

  • Standard Deviation: 0.2549
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 63
  • Final Value: 482,645
  • High Value: 605,677
  • Low Value: 359,614

    Market Valuation

  • Market Total Value: $372,100
  • Market Land Value: $49,500
  • Market Improvement Value: $322,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $372,100
  • Assessed Land Value: $49,500
  • Assessed Improvements Value: $322,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 23, 2017
  • Current Sale Recording Date: Jun 30, 2017
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 4192-105
  • Previous Sale Recording Date: Jan 27, 2005
  • Previous Sale Contract Date: Jan 25, 2005
  • Previous Sale Amount: $288,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wicomico


Similar Homes for Sale

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Nearby Rentals

Unit for rent at 6014 Gloucester Court, SALISBURY, MD, 21801

$2,700 /mo

  • 4 Beds
  • 2 Baths
  • 2,760 ft²
6014 Gloucester Court, SALISBURY, MD, 21801 Listing by Michael Cowan Sr.


Frequently Asked Questions

When was property at 27524 Derby Drive built and last sold?
The property at 27524 Derby Drive was built in 2005 and last sold on Jun 23, 2017 for $313,000.
How much is this home worth?
The estimated value of the home located at 27524 Derby Drive is $514,989.
What are some comparable homes to 27524 Derby Drive?
There are currently no comparable homes to 27524 Derby Drive.