NOT LISTED FOR SALE

1002 Barrow Ln Salisbury, NC 28146

Estimated Value: $264,000 - $320,000

3 Beds
3 Baths
1,408 Sq Ft
$207/Sq Ft Est. Value

Last Sold August 27, 2014

Last sale price $120,000 $85 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,604/month

162 Days on Market

Highlights

  • Covered Patio or Porch
  • Central Air
  • Lot Has A Rolling Slope
  • Elevator
  • 2 Car Garage

About This Home

As of August 2014

WHAT A UNIQUE PROPERTY!!! Mechanics DREAM Home that comes with your very own lift,28x32 shop with lift and air compressor, also has seperate storage space and 1/2 bath, very upscale,granite tops on all vanities.All living space has been completly refurbished,property has space that could be used as a home office or dining room very nice with ceramic tile, in this area and in the living room, cypress wood floors in the kitchen,newer cabinets, with granite countertops, nice deck on rear, upstairs you'll find comfotable sleeping quarters 3 nice size bedrooms, nice bathrooms, you really need to see inside!!!! Very nice!!! call today! The garage space has almost 900 sq.ft. and wired for welder.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 0.88 Acre Lot
  • Lot Dimensions are 174x317x165x138
  • Property fronts a private road
  • Property fronts an interstate
  • Lot Has A Rolling Slope
  • Possible uses of the property include Gardening, Tree Farm/Timber
  • Property is zoned RA

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 1,408 Sq Ft Home
  • Insulated Windows

Kitchen

  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Morgan Elementary School
  • C.C. Erwin Middle School
  • East Rowan High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Community Details

  • Elevator

Listing and Financial Details

  • Assessor Parcel Number 114

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1988
  • Inclusions: Building
  • Restrictions: No Restrictions,Other - See Remarks
  • Road Frontage Type: Interstate, Private Road
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Sq Ft Unheated Basement: 0
  • Possible Use: Gardening, Tree Farm/Timber
  • Appliances: Exhaust Hood, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1408
  • Window Features: Insulated Window(s)

Exterior Features

  • Road Frontage: 174
  • Construction Type: Concrete Block, Hard Stucco, Vinyl, Other - See Remarks
  • Patio And Porch Features: Covered

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage, Other - See Remarks

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed, None
  • Green Building Features: Elevator
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: n/a

Schools

  • Middle Or Junior School: C.C. Erwin

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Units: Acres
  • Parcel Number: 114
  • Zoning: RA
  • Lot Size Acres: 0.88
  • Lot Size: 174x317x165x138
  • Lot Size Sq Ft: 38332
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Morgan
  • High School: East Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2014
Closed on
Aug 27, 2014
Sold by
Thomas Todd and Thomas Miriam A
Bought by
Terpening Shelton Brent Joseph
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%
Current Estimated Value
$290,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,847
Avg. Annual Appreciation
8.06%
Original Mortgage
$116,400
Outstanding Balance
$89,309
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$201,538

Purchase Details

Closed on
Dec 4, 2009
Sold by
Henderson Levi S and Henderson Mary Edna
Bought by
Thomas Todd and Thomas Miriam A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
4.98%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Terpening Shelton Brent Joseph $120,000 None Available
Thomas Todd $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terpening Shelton Brent Joseph $116,400
Previous Owner Thomas Todd $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2014 11/26/14 Off Market $120,000 -- --
08/27/2014 08/27/14 Sold $120,000 -7.6% $85 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $129,900 -- $92 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,100 $166,670 $33,572 $133,098
2024 $1,100 $166,670 $33,572 $133,098
2023 $1,100 $166,670 $33,572 $133,098
2022 $919 $124,619 $25,419 $99,200
2021 $886 $124,619 $25,419 $99,200
2020 $886 $124,619 $25,419 $99,200
2019 $767 $107,844 $25,419 $82,425
2018 $754 $106,809 $25,418 $81,391
2017 $754 $106,809 $25,418 $81,391
2016 $754 $106,809 $25,418 $81,391
2015 $765 $106,809 $25,418 $81,391
2014 $514 $73,202 $25,418 $47,784
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R56026

Canopy MLS (Canopy Realtor® Association)

APN: 631-114