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225 Canal Park Dr Unit 15, Salisbury, MD, 21804

4beds
3baths
3,096sqft
$239,900
$77price/sqft
$1,913/moest. monthly cost
$76,520/yrincome needed

About This Home

Large end unit in desirable Canal Woods IV. Open floor plan features 4 bedrooms and 3 full baths. Beautiful water view of Tony Tank pond. This end unit has more windows and a side/kitchen entrance with first and second floor decks and a fireplace in the living room. Close to SU and right around the corner from Tidal Health facilities. Very private setting. HOA fees include: Property Insurance, Flood insurance, Water and Sewer, trash, ground maintenance, Roof and siding repair and replacement and reserve funds. Only 6 waterfront units.

Getting Around

43
WalkingCar-Dependent
25
TransitSome Transit
50
BikeBikeable

Schools

--
Fruitland Primary SchoolGrades PK-20.9 mi
6/10
Bennett Middle SchoolGrades 6-91.7 mi
5/10
Parkside High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 1987

Materials

  • Foundation: Wood,Pilings
  • Construction materials: Stick Built

Type & Style

  • Home type: Townhouse
  • Architectural style: Straight Thru
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 3,096

Heating & Cooling

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

Interior Area

  • Total structure area: 3,096
  • Total interior livable area: 3,096 sqft

Property

Accessibility

  • Accessibility features: Accessible Entrance,Accessible Approach with Ramp

Details

  • Parcel number: 2316032697
  • Zoning: RESIDENTIAL
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 1
  • Parking features: Garage Faces Front,Garage Door Opener,Attached,Driveway
  • 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

  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Lightning
Winter Weather
Cold Wave
Hurricane
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 $1,213$14,556
Home Insurance *$134$1,608
Property Taxes $172$2,064
Electricity $394$4,733
Total$1,913$22,956
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$65,588/yr
40% on housing$57,390/yr
45% on housing$51,013/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

$77This listing

vs Other Active Listings

Avg $/sqft

ZIP 21804$126
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
2026-05-02Price change$244,900
2026-04-21Listed for sale$249,900
2026-03-20Contingent$234,900
2026-02-16Price change$234,900
2026-01-21Listed for sale$244,900
2025-12-17Listing removed$244,900
2025-11-10Price change$244,900
2025-10-17Price change$249,900
2025-10-07Price change$254,900
2025-09-13Listed for sale$259,900
1997-08-29Sold$156,900

For Sale by Agent

AgentGary Weber
BrokerageNewport Bay Realty

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