NOT LISTED FOR SALE

1021 Faith Rd Salisbury, NC 28146

Estimated Value: $281,000 - $374,000

3 Beds
2.5 Baths
2,400 Sq Ft
$134/Sq Ft Est. Value

Last Sold February 22, 2022

Last sale price $250,000 $104 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,925/month

3 Days on Market

Highlights

  • In Ground Pool
  • Attached Carport
  • Level Lot
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of February 2022

A 3B/2.5BA that has all the space you need for you and your family! This property features a large basement with its own bathroom, an in-ground pool, and fenced in yard, along with an ADU! This ADU has its own full bathroom, bedroom and living space, in addition to extra storage, giving a buyer the perfect income opportunity! Located in a great area, near the interstate, schools, restaurants, shops, etc.!

Last Agent to Sell the Property

Bryan Chamberlin

The Brokerage House License #310341 Listed on: 01/18/2022

The Brokerage House

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,017

Year Built

  • Built in 1965

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 100 x 200 x 100 x 200
  • Level Lot
  • Property is zoned GR3

Parking

  • 2 Car Garage
  • Attached Carport

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,198 Sq Ft Home
  • 1,900-2,400 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Dishwasher
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • In Ground Pool

Schools

  • Charles C. Erwin Middle School
  • East Rowan High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 065C234

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,017

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.43
  • Lot Size: 100 x 200 x 100 x 200
  • Subdivision Name: None
  • Directions: Jake Alexander Blvd R onto Faith Rd home on R
  • Above Grade Finished Sq Ft: 2198
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1965
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 500 - 700
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1900 - 2400
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Electric Water Heater
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 620
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2198
  • Main Level Bathrooms: 2
  • TRIADMLS_HalfBathsLower: 1
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Lot Features: Level
  • Pool Features: In Ground
  • Construction Type: Brick
  • TRIADMLS_PoolYN: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached Carport
  • Garage Description: Attached Carport

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: Granite Quarry
  • High School: East Rowan
  • Middle Or Junior School: Charles C. Erwin

Lot Info

  • Parcel #: 065C234
  • Zoning: GR3
  • TRIADMLS_PricePerAcre: 558139.5349
  • TRIADMLS_DeedPage: 497
  • TRIADMLS_DeedBook: 1258
  • TRIADMLS_PlatBook: 9995-950
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2017
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Feb 17, 2022
Sold by
Cain James and Cain Melissa
Bought by
Connor Latarsha
Seller's Agent
Bryan Chamberlin
The Brokerage House
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$250,000
Current Estimated Value
$320,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,838
Avg. Annual Appreciation
7.07%
Original Mortgage
$245,471
Outstanding Balance
$231,613
Interest Rate
5%
Mortgage Type
FHA
Estimated Equity
$89,225

Purchase Details

Closed on
Sep 15, 2015
Sold by
The Cognato Group Llc
Bought by
Cain James and Cain Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 27, 2015
Sold by
The Bank Of New York Mellon
Bought by
The Cognato Group Llc

Purchase Details

Closed on
Jul 11, 2014
Sold by
Morales Pedro E and Morales Flor C
Bought by
The Bank Of New York Mellon
Source: Public Records

Range of Values:

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Average Value
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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
Connor Latarsha $250,000 Chicago Title
Cain James $120,000 None Available
The Cognato Group Llc $51,000 None Available
The Bank Of New York Mellon $97,986 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connor Latarsha $245,471
Previous Owner Cain James $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2022 02/22/22 Sold $250,000 0.0% $132 / Sq Ft
06/15/2012 06/15/12 Rented $1,200 0.0% --
05/16/2012 05/16/12 Under Contract -- -- --
05/14/2012 05/14/12 For Rent $1,200 +20.0% --
02/14/2012 02/14/12 Rented $1,000 -25.9% --
01/15/2012 01/15/12 Under Contract -- -- --
11/03/2011 11/03/11 For Rent $1,350 -- --
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 $2,917 $243,932 $28,500 $215,432
2024 $2,917 $243,932 $28,500 $215,432
2023 $2,917 $243,932 $28,500 $215,432
2022 $2,017 $146,434 $21,000 $125,434
2021 $2,017 $146,434 $21,000 $125,434
2020 $2,017 $146,434 $21,000 $125,434
2019 $2,017 $146,434 $21,000 $125,434
2018 $1,635 $120,340 $21,000 $99,340
2017 $1,626 $120,340 $21,000 $99,340
2016 $1,582 $120,340 $21,000 $99,340
2015 $1,591 $120,340 $21,000 $99,340
2014 $1,645 $125,862 $21,000 $104,862
Source: Public Records

Agents Affiliated with this Home

  • Bryan Chamberlin

    Seller's Agent in 2022

    Bryan Chamberlin

    The Brokerage House

    (503) 489-9888

    1 in this area

    81 Total Sales

    Bryan Chamberlin
    Section Image

  • N

    Buyer's Agent in 2022

    NONMEMBER NONMEMBER

  • G

    Seller's Agent in 2012

    George Jimenez

    Elite Property Management & Real Estate LLC

    Section Image
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Map

Source: Triad MLS

MLS Number: 1055617

Triad MLS

APN: 065-C234

North Carolina Rowan County Salisbury 28146

1021 Faith Rd, Salisbury, NC

This home is located at 1021 Faith Rd, Salisbury, NC 28146 since 18 January 2022 and is currently estimated at $320,838, approximately $133 per square foot. This property was built in 1965. 1021 Faith Rd is a home located in Rowan County with nearby schools including Granite Quarry Elementary School, Charles C Erwin Middle School, and East Rowan High School.

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