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506 Edgewater Dr, Salisbury, MD, 21804

3beds
2baths
1,538sqft
$255,000
$166price/sqft
$1,892/moest. monthly cost
$75,680/yrincome needed

About This Home

Step into this beautifully updated 3BR/2BA townhome with garage, where cottage-style charm meets modern convenience. Freshly updated with new flooring and a full interior repaint, this home is move-in ready and designed for comfort. The kitchen shines with brand-new appliances, while both bathrooms have been stylishly refreshed. Natural light pours in through a brand-new frosted glass front door and a triple-panel sliding rear door—both backed by a transferable lifetime warranty. With its warm, functional layout, this home is perfect for both relaxing and entertaining. Enjoy your own private outdoor space, the convenience of a single-car garage, and the perks of a pet-friendly community. For peace of mind, an FHA inspection and appraisal were completed in June 2025 (prior to renovations). This turn-key townhome is ready for its next chapter—could it be yours?

Getting Around

7
WalkingCar-Dependent
7
TransitMinimal Transit
29
BikeSomewhat Bikeable

Schools

3/10
Glen Avenue SchoolGrades 2-50.3 mi
3/10
Wicomico Middle SchoolGrades 6-81.5 mi
2/10
Wicomico High SchoolGrades 9-121.0 mi

Construction

Condition

  • Property condition: Excellent
  • Year built: 1990

Materials

  • Foundation: Slab
  • Roof: Architectural Shingle
  • Construction materials: Stick Built

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: Townhouse
  • Architectural style: Other
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dryer,Microwave,Oven/Range - Electric,Refrigerator,Washer,Electric Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Open Floorplan,Walk-In Closet(s),Dry Wall
  • Flooring: Carpet,Luxury Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 1,538

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,538
  • Total interior livable area: 1,538 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 2305098181
  • Zoning: PRD
  • Special condition: Standard
  • Other equipment: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Deck
  • Fencing: Wood
  • Has view: Yes
  • View description: Street

Lot

  • Lot size: 4,326 sqft
  • Features: Corner Lot
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 1
  • Parking features: Built In,Asphalt,Driveway,Attached,On Street
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hurricane
Lightning
Winter Weather
Tsunami

FEMA Declared Disasters Across Maryland Counties

Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,289$15,468
Home Insurance *$134$1,608
Property Taxes $188$2,256
Electricity $281$3,374
Total$1,892$22,704
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$64,868/yr
40% on housing$56,760/yr
45% on housing$50,453/yr

Maryland FAIR Plan Programs

Maryland Joint Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 678Commercial: 44
Total Premiums$854,000
Total Exposure$326.56M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.2%
12.2%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$166This listing

vs Other Active Listings

Avg $/sqft

ZIP 21804$125
Wicomico County$136

vs Homes Sold Last Month

Median $/sqft

ZIP 21804
Wicomico County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-13Price change$249,900
2026-07-17Listed for sale$255,000
2026-07-10Contingent$249,900
2026-06-05Listed for sale$249,900
2026-02-03Listing removed$264,900
2026-01-06Listed for sale$264,900
2025-12-02Listing removed$282,900
2025-10-28Price change$282,900
2025-09-30Listed for sale$289,900
2023-10-05Sold$177,000
2017-04-27Sold$135,000
2017-02-27Listed for sale$137,900

For Sale by Agent

AgentJeff Dale
BrokerageERA Martin Associates

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