$232,500
- 3 Beds
- 716 sqft (on 0.41 acres)
517 Bailey Ln, Salisbury, MD 21801
Est. Refi. Payment $1,403/mo*
Refinance Your HomeCurrently Off Market - Sold Jun 9, 2021 for $190,000
Home Value
Trulia Estimate
$233KSince last month
Increased$2K (+1%)Since last year
Decreased$6K (-2.3%)Since last sale
Increased$43K (+22.8%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +398% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $233K |
| August 2026 | $233K |
| July 2026 | $231K |
| June 2026 | $238K |
| May 2026 | $238K |
| April 2026 | $241K |
| March 2026 | $232K |
| February 2026 | $244K |
| January 2026 | $248K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.60 | Lot/Land | $20,000 | 07/14/26 | - | - | ||
1.02 | Lot/Land | $166,000 | 03/13/26 | - | - | ||
1.36 | Lot/Land | $1,550,000 | 11/28/25 | - | - | ||
1.87 | Lot/Land | $200,000 | 04/03/26 | - | - | ||
1.60 | Lot/Land | $9,000 | 07/31/26 | - | - | ||
2.83 | Lot/Land | $250,000 | 02/05/26 | - | - | ||
2.66 | Lot/Land | $315,900 | 05/15/26 | - | - | ||
2.89 | Lot/Land | $40,000 | 06/01/26 | - | - | ||
3.35 | Lot/Land | $40,000 | 04/30/26 | - | - | ||
3.04 | Lot/Land | $17,500 | 03/12/26 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $256,300 | 3 | 2 | 1,206 | Off Market | |
0.09 | $220,200 | 3 | 1 | 960 | Off Market | |
0.18 | $276,700 | 3 | 2 | 1,350 | Off Market | |
0.18 | $54,900 | 3 | 1 | 816 | Foreclosure | |
0.22 | $338,700 | 3 | 2.5 | 1,675 | Off Market | |
0.24 | $247,700 | 3 | 1 | 1,056 | Off Market | |
0.23 | $183,900 | 3 | 1 | 1,012 | Off Market | |
0.28 | $64,900 | - | - | - | For Sale | |
0.26 | $269,900 | 3 | 2 | 1,104 | Recently Sold | |
0.30 | $174,700 | - | - | - | For Sale | |
0.29 | $239,900 | 3 | 1 | 1,056 | Recently Sold | |
0.31 | $39,900 | - | - | - | For Sale |
Local Information
-- mins to
Home Highlights
Property Type
Lot/Land
Year Built
1935
Lot Size
0.41 acres
Living Area
716 sqft
Price/Sqft
$325
About this House
INVESTMEN PCKG: Combined with 515 Bailey Ln (Lot 22)! Existing structure could be removed and build new. Well must be replaced. AS-IS! Submit building permit before July 1st to beat the Wicomico Co sprinkler system mandate on all new construction. Build now and apply for building permit before October 21st to get the Wicomico Co Impact fee waived. Which is a savings of $5,231.00. See attached document for more information, and contact Wicomico County Planning and Zoning for more information regarding these dates. This property has approved perc LE #6344. Seller has 1st right of refusal to sell total investment package: 502 Hearn (MLS497896), 504 Hearn (MLS497897), 518 Hearn (MLS497898), 520 Hearn (MLS497900), 515 & 517 Bailey (MLS497901), 516 Bailey (MLS497903): for total Price of $95,500
Home Details for 517 Bailey Ln
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Heating & Cooling Heating: Heat PumpAir ConditioningHeating Fuel: Heat Pump |
Interior Details Attic |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: Shake ShingleDeckExterior: Other |
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Year Built Year Built: 1935 |
Property Type / Style Property Type: Lot LandArchitecture: Conventional |
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Units in Building: 1 |
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Lot Area: 0.41 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 9, 2021 Source: N/A | Sold | $190,000 |
Mar 1, 2021 Source: Bright MLS #MDWC2000032 | Pending | $189,900 |
Feb 26, 2021 Source: Bright MLS #MDWC2000032 | Listed For Sale | $189,900 |
Jun 1, 2017 Source: Agent Provided | ListingRemoved | $24,899 |
Dec 16, 2016 Source: Agent Provided | Listed For Sale | $24,899 |
Jun 1, 2016 Source: Agent Provided | ListingRemoved | $24,899 |
Dec 1, 2015 Source: Agent Provided | Listed For Sale | $24,899 |
Sep 29, 2010 Source: Agent Provided | ListingRemoved | $39,900 |
Apr 3, 2010 Source: Agent Provided | Listed For Sale | $39,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,183 | $226,833 |
Home facts updated by county records
Market trends in Salisbury
Last updated July 2026
Avg. sale price
$275K
$8.33KMoM
Sale-to-List Price
100.0%
0.8%MoM
Price per sq ft
$165
$0MoM
Available listings
260
7MoM
Around this home
What Locals Say about West Side
At least 24 Trulia users voted on each feature.
85 % Say yards are well-kept
81 % Say car is needed
79 % Say there's holiday spirit
74 % Say parking is easy
73 % Say kids play outside
54 % Say it's dog friendly
47 % Say there are sidewalks
41 % Say they plan to stay for at least 5 years
40 % Say neighbors are friendly
38 % Say there's wildlife
38 % Say streets are well-lit
35 % Say it's walkable to grocery stores
33 % Say it's quiet
29 % Say people would walk alone at night
29 % Say it's walkable to restaurants
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 517 Bailey Ln
- What is 517 Bailey Ln estimated to be worth?Trulia's estimated value for 517 Bailey Ln in Salisbury, MD is $232,500.
- What is the price history for 517 Bailey Ln?517 Bailey Ln in Salisbury, MD last sold for $190,000 in June 2021.
- Is Salisbury a buyer's or seller's market?Salisbury is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Salisbury?The median sale price in Salisbury is $275K. That is up $8.33K from the prior month.