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404 Sarah Lane

404 Sarah Lane, Salisbury, MD 21801
Property in Wicomico
Sold Dec 10, 1991
$54,900
$54,900
Mortgage
404 Sarah Lane in Salisbury, MD was first built in 1978 and is 46 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 404 Sarah Lane has 1,056 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 780 ft and the linear feet between the front and back of the lot is 2,240. In total, the area measurement of the land is 17,472 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. As for heating, the home is utilizing electric heaters and being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 404 Sarah Lane sold most recently in Dec 10, 1991 for a total of $54,900. If you work out the math, that's approximately a cost of $51.99 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $907 in taxes each year. The initial year of tax delinquency occurred in 2021. 404 Sarah Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $90,900. If we break it down further, the land itself was valued at $15,300. Improvements to the property, however, were assessed at a total of $75,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: A
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,472
  • Lot Size Depth Feet: 2,240
  • Lot Size Frontage Feet: 780
  • Total Building Area: 1,056
  • Gross Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 1,056
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.401
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BL-K L-8K 17,472 SQF 404 SARAH LANE REV HEARN-BAILEY RESUB

Ownership

  • Current Owner : GATTIS ANDRE A
  • Previous Owner : BEETS BERT D
  • Previous Owner 2: BEETS MARY M

Neighborhood

  • School District Name: Wicomico County Public Schools
  • Census Tract: 010200

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: 29 15 465
  • Account Number: 022775
  • District: 09
  • Parcel: 09-022775
  • Block: K
  • Lot: 8K
  • Latitude: 38.3985
  • Longitude: -75.5951

    Address

  • Full Address: 404 Sarah Ln
  • Address - House Number: 404
  • Address - Street Name: Sarah
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Salisbury
  • Carrier Code: R025
  • 4-Digit Zip Code: 1168
  • Zip Code: 21801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $907
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2744
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 60
  • Final Value: 167,093
  • High Value: 212,953
  • Low Value: 121,233

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $54,900
  • First Open Lien Mortgage Recording Date: Dec 10, 1991
  • First Open Lien Mortgage Loan Amount: $54,900
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $90,900
  • Market Land Value: $15,300
  • Market Improvement Value: $75,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,900
  • Assessed Land Value: $15,300
  • Assessed Improvements Value: $75,600

    Sales

  • Current Sale Contract Date: Dec 10, 1991
  • Current Sale Recording Date: Dec 10, 1991
  • Current Sale Transaction ID: 1676296773
  • Current Sale Price: $54,900
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Transaction Date: Dec 10, 1991
  • First Mortgage Loan Amount: $54,900

About Wicomico



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Frequently Asked Questions

What neighborhood is 404 Sarah Lane located in?
The 404 Sarah Lane is a located in the neighborhood of Wicomico in Wicomico, Salisbury.
What is the average sales price for listings in 404 Sarah Lane?
The average sales price for units in 404 Sarah Lane is $0 currently.

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