14 days on rocket

502 E Locust St, Salisbury, MD, 21804

$17,500

0.07 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #MDWC2013674
Lot Size0.07 Acres
StatusActive
(ACTIVE)

About 502 E Locust St

Sellers willing to look at creative financing. Bring all offers! Prime Opportunity: Vacant Land Parcel! Welcome to your canvas of possibility, a 0.07-acre vacant land waiting to be transformed into your dream oasis. This parcel offers a rare chance to craft your ideal vision from the ground up. 🏡 Unlimited Potential: With ample space to realize your aspirations, this land parcel presents limitless possibilities. Whether you dream of building your custom-designed home, creating a charming garden retreat, or establishing a cozy community space, the choice is yours. 🚗 Convenient Location: This parcel is conveniently located near essential amenities, ensuring both serenity and convenience. The land is a mere 5 minutes to Salisbury University, which means you can hit all the essentials along the way: Tidal Health Peninsula Regional, Wawa, Rita's, Planet Fitness, Rise Up Coffee, Cook Out, and so much more! 📐 Your Vision, Your Reality: Seize this rare opportunity to shape your future. Whether you're an aspiring homeowner, a visionary developer, or an investor seeking the perfect canvas, this vacant land parcel invites you to turn your dreams into reality. Don't miss out on this chance to create something truly extraordinary. Embrace the allure of vacant land ownership and embark on a journey of endless possibilities. Schedule your viewing today and unlock the potential of this remarkable property.

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Distinctive Real Estate, Inc.
  • Office Phone: (301) 966-0035
  • Listing Agent: Adeline Hessel

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

School Info

Assigned Schools Information:

  • Wicomico High School, Public District Grades 9-12
  • Wicomico Middle School, Public District Grades 6-8
  • Prince Street School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From town of Salisbury- Turn left onto E. Main St., Turn right onto Snow Hill Rd., Take a sharp turn onto E Locust St., The land will be on your left after 700 feet.

Municipality:

  • Salisbury

Price Information

Listing Price Info

Price Summary:

  • List Price: $17,500

Tax Information:

  • Annual Amount: $43
  • 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

502 E Locust St vs Salisbury

14 DAYS ON ROCKET

-30 Days

$17,500

-$239.7K Less

KEY TAKEAWAY

This property is $239.7K less than the Median Sold Price in Salisbury, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDWC2013674

Listing Office:

  • Office Name: RE/MAX Distinctive Real Estate, Inc.
  • Office Phone: (301) 966-0035
  • Listing Agent: Adeline Hessel

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: 5/28/2024, 1:20:44 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$43$4,100
2020$42$4,100
2018$103$4,100
2017$103$4,100

History based on county public records data.

Payment Calculator

$155

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$119

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NMLS#3030

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-3719722
4
/10

  • Prince Street School

  • 400 Prince St

  • 0.30 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3719723
2
/10

  • Wicomico Middle School

  • 635 E Main St

  • 0.32 miles

  • Public District Grades 6-8

High School

school-card-donut-3719724
5
/10

  • Wicomico High School

  • 201 Long Ave

  • 0.62 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 $50,577. The majority of Salisbury, MD residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 502 E Locust St

What is the listing price of this property?

The listing price of 502 E Locust St property is $17,500.

What type of property is this?

The property 502 E Locust St is land located in Salisbury, Maryland, 21804.

Is this property for sale now?

Active Listing: 502 E Locust St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 502 E Locust St are:
Prince Street School: GreatSchools Rating 4/10
Wicomico Middle School: GreatSchools Rating 2/10
Wicomico High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $43 (source: MLS/based on county public records data).

How much acreage is this property?

The property 502 E Locust St is 0.07 acres.
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Rocket Homes›Maryland›Wicomico County›Salisbury›21804›502 E Locust St

This home is located at 502 E Locust St in Salisbury, MD and zip code 21804. This home sits on a 0.07 acre lot. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $17,500.

Over 7 listings were sold over their listed price in April 2024 in Salisbury, MD. In the same period over 19 listings were sold below the listed price and 15 listings were sold for the listed price. Between March 2024 and April 2024, Salisbury, MD real estate market has seen increase in the number of listings by 1.9%. In April 2024 median list price was $257,293 and the average listing age was 44 days.

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

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