NOT LISTED FOR SALE

1020 N Salisbury Ave Spencer, NC 28159

Estimated Value: $154,000 - $180,000

2 Beds
1 Bath
1,132 Sq Ft
$147/Sq Ft Est. Value

Last Sold June 18, 2018

Last sale price $79,000 $70 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,004/month

45 Days on Market

Highlights

  • Living Room with Fireplace
  • Forced Air Heating and Cooling System
  • Level Lot
  • Wrap Around Porch
  • 2 Car Garage

About This Home

As of June 2018

Well maintained home convenient to shopping, schools, and only minutes to HWY 85. Wrap around covered front porch, beautiful hardwood floor in living room and bedrooms, ceramic tile, bath, dining room, kitchen, mud room and laundry. Spacious home with 2 large bedrooms on 1.2 acres.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,426

Year Built

  • Built in 1920

Lot Details

  • 1.2 Acre Lot
  • Lot Dimensions are 132x394
  • Property fronts an interstate
  • Level Lot
  • Possible uses of the property include Gardening

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,132 Sq Ft Home
  • Window Treatments
  • Living Room with Fireplace
  • Range Hood

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Wrap Around Porch

Schools

  • North Rowan Elementary And Middle School
  • North Rowan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 070

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,426

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1920
  • Inclusions: Building
  • Restrictions: Other - See Remarks
  • Road Frontage Type: Interstate
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: 12

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Sq Ft Unheated Basement: 0
  • Possible Use: Gardening
  • Appliances: Exhaust Hood
  • Has Basement: Exterior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Living Area: 1132
  • Window Features: Window Treatments
  • Room Count: 5

Exterior Features

  • Roof: Composition
  • Construction Type: Concrete Block, Vinyl, Other - See Remarks
  • Patio And Porch Features: Covered, Front Porch, Porch, Wrap Around

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer, None
  • Cooling: Central Air
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: North Rowan

Lot Info

  • Lot Features: Level
  • Lot Size Area: 1.2
  • Lot Size Units: Acres
  • Parcel Number: 070
  • Zoning: SFR
  • Lot Size Acres: 1.2
  • Lot Size: 132x394
  • Lot Size Sq Ft: 52272
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: North Rowan
  • High School: North Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
Jun 14, 2018
Sold by
Lusk Joseph P and Hill Melissa Lentz
Bought by
Tingler Cody A
List Price
$79,000
Sold Price
$79,000
Total Days on Market
45
Current Estimated Value
$166,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,762
Avg. Annual Appreciation
10.84%
Original Mortgage
$76,630
Outstanding Balance
$66,963
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$94,764

Purchase Details

Closed on
Jun 19, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Hill Melissa Lentz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,023
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2015
Sold by
Branch Banking And Trust Co
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Aug 8, 2011
Sold by
Allman C Edwin and Leftwich Margaret Elaine
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Apr 19, 2005
Sold by
Shoaf Betsy B and Shoaf Barry C
Bought by
Leftwich Alan B and Kramer Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.3%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Tingler Cody A $79,000 None Available
Hill Melissa Lentz -- None Available
Secretary Of Housing & Urban Development -- None Available
Branch Banking & Trust Company $10,000 None Available
Leftwich Alan B $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tingler Cody A $76,630
Previous Owner Hill Melissa Lentz $43,023
Previous Owner Leftwich Alan B $95,460
Previous Owner Leftwich Alan B $80,750
Previous Owner Leftwich Alan B $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2018 09/17/18 Off Market $79,000 -- --
06/18/2018 06/18/18 Sold $79,000 0.0% $70 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $79,000 -- $70 / 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
2024 $1,426 $126,161 $27,750 $98,411
2023 $1,426 $126,161 $27,750 $98,411
2022 $1,096 $83,487 $27,750 $55,737
2021 $1,096 $83,487 $27,750 $55,737
2020 $1,096 $83,487 $27,750 $55,737
2019 $1,096 $83,487 $27,750 $55,737
2018 $866 $66,750 $27,750 $39,000
2017 $866 $66,750 $27,750 $39,000
2016 $866 $66,750 $27,750 $39,000
2015 $879 $66,750 $27,750 $39,000
2014 -- $68,270 $27,750 $40,520
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R60052

Canopy MLS (Canopy Realtor® Association)

APN: 038-070