When was property at 4001 Timothy Way built and last sold?

The property at 4001 Timothy Way was built in 1987 and last sold on Jun 22, 2023 for $334,900.

How much is this home worth?

The estimated value of the home located at 4001 Timothy Way is $0.

What are some comparable homes to 4001 Timothy Way?

There are currently no comparable homes to 4001 Timothy Way.

Wicomico

21804

4001 TIMOTHY WAY

$405,000

● House - Off Market

4001 TIMOTHY WAY

SALISBURY, MD 21804

4 Beds

2 Baths, 1 Half Bath

2,072 Ft²

$2,236

Est. Monthly

7.22%

Cap Rate

About This Property

This beautifully maintained home is move-in ready and waiting for you! Thoughtfully updated with stylish finishes, it offers four generously sized bedrooms, a flowing floor plan, and a spacious lot. Look no further-your perfect home is here!

Unit Size

2,072 Ft²

Days on Market

145 days

Land Size

0.66 acres

Price per sqft

$201

Property Type

House

Property Taxes

$194

HOA Dues

Year Built

1987

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Bright MLS #MDWC2018134)

Price History

Date / Event	Date	Event
Oct 16, 2025	Sold	Premium
Sold
Aug 29, 2025	In contract	-
In contract
Aug 12, 2025	Price Decreased	$415,900 ↓ $4K (1%)
Price Decreased
Jul 31, 2025	Price Decreased	$419,900 ↓ $3K (0.7%)
Price Decreased
Jul 27, 2025	Price Decreased	$422,900 ↓ $2K (0.5%)
Price Decreased
May 24, 2025	Listed by ERA Martin Associates	$424,900
Listed by ERA Martin Associates
Jun 27, 2023	Sold	Premium
Sold
May 8, 2023	In contract	-
In contract
May 5, 2023	Listed by ERA Martin Associates	$334,900
Listed by ERA Martin Associates
May 3, 2021	Sold	Premium
Sold
Jan 15, 2021	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1987

Effective Year Built: 1987
Bedroom Count: 0
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 3
Building Quality: 4
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: 1
Garage Square Area: 300
Parking Space Count: 1
Patio Type: 0
Porch Type: 7
Pool Type: 0

Dimensions

Lot Size Square Feet: 28,944

Total Building Area: 2,072
Gross Building Area: 2,072
Building Area: 2,072
Building Area Measurement: T

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 8
Heated Square Feet: 2,072
Heating Fuel Type: 0

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Subdivision: TRACE HOLLOW SEC 2
Land Acres: 0000000664
Standard Land Use Code: 1001
County Land Use Code: R-B001
Legal Description 1: BL C L 9-28,944SQ FT 4001 TIMOTHY WAY TRACE HOLLOW SEC 2

Neighborhood

School District Name: Wicomico County Public Schools

Census Tract: 010605

Geography

Assessors Map Reference: 58 18 301

Account Number: 022828
District: 08
Section: 2
Parcel: 08-022828
Block: C
Lot: 9
Latitude: 38.3022
Longitude: -75.5651

Address

Full Address: 4001 Timothy Way

Address - House Number: 4001
Address - Street Name: Timothy
Address - Suffix Type: Way
State: MD
City Name: Salisbury
Carrier Code: R014
4-Digit Zip Code: 2554
Zip Code: 21804

Valuation

Tax

Tax Year: 2023

Tax Amount: $216,059

Appraisal Valuation

Standard Deviation: 0.2744

Valuation Date: Sep 13, 2023
Confidence Score: 60
Final Value: 318,365
High Value: 405,743
Low Value: 230,988

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $268,200

Market Land Value: $38,200
Market Improvement Value: $230,000

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $216,600

Sales

Current Sale Contract Date: Jun 22, 2023

Current Sale Recording Date: Jun 27, 2023
Current Sale Price:

Premium
Current Sale Document Type: 68
Previous Sale Recording Date: May 03, 2021
Previous Sale Contract Date: Apr 28, 2021
Previous Sale Amount: $275,000
Previous Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Wicomico

Stats & Trends

Median Asking:

$279,900

Sale Price/ft²

$174

Below Asking

0.03%

Average Days on Market

Average Home Size

1845 ft²

Average Home Age

50.6 years

Currently For Sale

413 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Listed by: Marti Hoster
ERA Martin Associates
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDWC2018134

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, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.

4001 TIMOTHY WAY

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Wicomico

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions