NOT LISTED FOR SALE

1010 Cedar Village Trail Salisbury, NC 28147

Estimated Value: $170,000 - $226,000

-- Bed
2 Baths
1,156 Sq Ft
$163/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $236,000 $204 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $1,103/month

17 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Carpet
  • 2 Car Attached Garage

About This Home

As of September 2020

Great investment opportunity! Each side offers 3BR, 2BA and approximately 1200 sq ft. Unit 1010 has been rented for over 5 years at $750 per month. Unit 1016 could be rented for $1,000 a month. Wonderful location, come and schedule your private tour today!

Last Agent to Sell the Property

Cathy Griffin

Century 21 Towne & Country License #187850 Listed on: 07/30/2020

Century 21 Towne & Country

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $629

Year Built

  • Built in 2008

Lot Details

  • 0.28

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Duplex
  • Vinyl Siding

Flooring

  • Carpet
  • Laminate

Schools

  • Southeast Middle School
  • West Rowan High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • 1-Story Property
  • 0.28 Acre Lot

Community Details

  • No Home Owners Association
  • 2 Units
  • 2,400 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 463C315
  • 1% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$629

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Directions: Jake Alexander Blvd W- right onto US-29 toward Salisbury, China Grove, left onto S Main Street, right onto Airport Road, right onto Village Creek Way, left onto Cedar Village Trail, the destination will be on your right.
  • Building Stories: 1
  • Year Built: 2008
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Laminate
  • TRIADMLS_ApproxSqFtRange: 2100 - 2600
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Knollwood
  • High School: West Rowan
  • Middle Or Junior School: Southeast

Lot Info

  • Parcel #: 463C315
  • Zoning: MULTI
  • TRIADMLS_PricePerAcre: 856785.7143
  • TRIADMLS_DeedPage: 95,63
  • TRIADMLS_DeedBook: 1218,1222
  • TRIADMLS_AcresRange: 0 - 0

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 629
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.315

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Sep 29, 2020
Sold by
Eller Joshua R and Eller Jessica
Bought by
Baker Sahar Alaei
Seller's Agent
Cathy Griffin
Century 21 Towne & Country
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$236,000
Current Estimated Value
$188,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,181
Avg. Annual Appreciation
-4.09%
Original Mortgage
$88,500
Outstanding Balance
$79,600
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$112,534

Purchase Details

Closed on
Aug 2, 2013
Sold by
Eller Joshua R and Eller Jessica R
Bought by
Primitive Holdings Llc

Purchase Details

Listed on
Feb 7, 2013
Closed on
May 14, 2013
Sold by
Vantagesouth Bank
Bought by
Eller Joshua R
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.53%

Purchase Details

Closed on
Aug 22, 2011
Sold by
Spear Investments Llc
Bought by
Community Bank Of Rowan

Purchase Details

Closed on
Feb 7, 2008
Sold by
The Village At Grants Creek Llc
Bought by
Spear Investments Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Baker Sahar Alaei $118,000 Austin Title Llc
Primitive Holdings Llc -- None Available
Eller Joshua R $45,000 None Available
Community Bank Of Rowan $160,836 None Available
Spear Investments Llc $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Sahar Alaei $88,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $236,000 +424.4% $204 / Sq Ft
08/13/2013 08/13/13 Off Market $45,000 -- --
05/14/2013 05/14/13 Sold $45,000 -9.8% $45 / Sq Ft
04/29/2013 04/29/13 Pending -- -- --
02/07/2013 02/07/13 For Sale $49,900 -- $50 / Sq Ft
Source: Triad MLS

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 $907 $133,941 $26,000 $107,941
2024 $907 $133,941 $26,000 $107,941
2023 $907 $133,941 $26,000 $107,941
2022 $635 $84,167 $10,500 $73,667
2021 $629 $84,167 $10,500 $73,667
2020 $629 $84,167 $10,500 $73,667
2019 $629 $84,167 $10,500 $73,667
2018 $616 $83,116 $10,500 $72,616
2017 $616 $83,116 $10,500 $72,616
2016 $616 $83,116 $10,500 $72,616
2015 $623 $83,116 $10,500 $72,616
2014 $736 $102,964 $23,000 $79,964
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 988096

Triad MLS

APN: 463-C314