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427 East Lincoln Avenue

427 East Lincoln Avenue, Salisbury, MD 21804
Property in Wicomico
Sold Jul 21, 1988
$44,900
$44,900
Mortgage
Sold Feb 24, 1988
$25,500
427 East Lincoln Avenue in Salisbury, MD was first built in 1900 and is 124 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 427 East Lincoln Avenue has 1,600 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 600 ft and the linear feet between the front and back of the lot is 1,440. In total, the area measurement of the land is 10,080 square feet.

Learn more about the property and building on this page. There is a open porch. 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 B. The condition of the building has been evaluated as fair. The exterior walls of the home are made of wood shingle. As for heating, the home is utilizing a forced air unit. 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, 427 East Lincoln Avenue sold most recently in Jul 21, 1988 for a total of $44,900. If you work out the math, that's approximately a cost of $28.06 per sqft. Before that, the property was also sold for $25,500 in Feb 24, 1988. 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 $581 in taxes each year. 427 East Lincoln Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $58,267. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: B
  • Exterior Walls Type: Wood shingle
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,080
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,600
  • Gross Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.231
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L-42A 10,080 SQFT 427 LINCOLN AVE CITY OF SALIS

Ownership

  • Current Owner : ADAMS KEVIN B
  • Current Owner 2: ADAMS KRISTINE L
  • Previous Owner : ABBOTT RONALD L
  • Owner Before Previous Owner: EDGE GEORGE B
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wicomico County Public Schools
  • Census Tract: 000500

Zoning

  • Zoning: R8

Geography

  • Assessors Map Reference: 115 5 2587
  • Account Number: 034451
  • District: 13
  • Parcel: 13-034451
  • Municipality: SALISBURY
  • Latitude: 38.3535
  • Longitude: -75.5909

    Address

  • Full Address: 427 E Lincoln Ave
  • Address - House Number: 427
  • Street Direction: E
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Salisbury
  • Carrier Code: C021
  • 4-Digit Zip Code: 6527
  • Zip Code: 21804

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $581
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2744
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 60
  • Final Value: 165,704
  • High Value: 211,183
  • Low Value: 120,226

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $44,900
  • First Open Lien Mortgage Recording Date: Jul 21, 1988
  • First Open Lien Mortgage Loan Amount: $44,900
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $61,000
  • Market Land Value: $16,000
  • Market Improvement Value: $45,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,267

    Sales

  • Current Sale Contract Date: Jul 21, 1988
  • Current Sale Recording Date: Jul 21, 1988
  • Current Sale Transaction ID: 1676395252
  • Current Sale Price: $44,900
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Feb 24, 1988
  • Previous Sale Contract Date: Feb 24, 1988
  • Previous Sale Amount: $25,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Transaction Date: Jul 21, 1988
  • First Mortgage Loan Amount: $44,900

About Salisbury



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Frequently Asked Questions

What neighborhood is 427 East Lincoln Avenue located in?
The 427 East Lincoln Avenue is a located in the neighborhood of Wicomico in Salisbury, Salisbury.
What is the average sales price for listings in 427 East Lincoln Avenue?
The average sales price for units in 427 East Lincoln Avenue is $0 currently.

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