NOT LISTED FOR SALE

1022 Terrace Dr Salisbury, NC 28146

Estimated Value: $291,000 - $321,206

3 Beds
2.5 Baths
2,252 Sq Ft
$138/Sq Ft Est. Value

Last Sold July 23, 2018

Last sale price $130,000 $58 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $1,873/month

2 Days on Market

Highlights

  • Contemporary Architecture
  • Attached Garage
  • Level Lot
  • Wood Flooring
  • Breakfast Bar
  • Wood Burning Fireplace

About This Home

As of July 2018

Close to the I85 and shopping. Great brick home offering space for the family. Stainless steel appliances, fencing in the backyard and attached garage. Hardwood flooring and wood burning stove on the lower level. The lower level offers great space for entertaining. Not to mention 3 bedrooms, 2 full bathrooms and a half. Come and take a look!

Last Agent to Sell the Property

keshia sherrill

Coldwell Banker Realty License #268890 Listed on: 05/31/2018

Coldwell Banker Realty

Last Buyer's Agent

Sidney Honeycutt

Coldwell Banker Realty License #256882

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • Level Lot

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Wood Burning Fireplace
  • Insulated Windows
  • Breakfast Bar

Flooring

  • Wood
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 065C142

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: Tri-Level
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 282608.70
  • Ratio Current Price By Sq Ft: 57.73
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Foundation Details: Brick
  • Upper Level Sq Ft: 840
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Cooktop Electric, Dishwasher, Wall Oven
  • Fireplace Description: Wood Burning, Woodstove
  • Flooring: Vinyl, Wood
  • Interior Amenities: Breakfast Bar
  • Laundry Location: Upper
  • Room Count: 3
  • Lower Level Sq Ft: 840
  • Main Level Sq Ft: 572
  • Total Sq Ft: 2252

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage

Utilities

  • Heating: Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Lot Info

  • Lot Dimension: 100x200
  • Lot Features: Level
  • Parcel Number: 065C142
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 119601.00
  • Tax Location: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2018
Closed on
Jul 23, 2018
Sold by
Turner Keith R
Bought by
Allen Janet Denise Ross
Seller's Agent
keshia sherrill
Coldwell Banker Realty
Buyer's Agent
Sidney Honeycutt
Coldwell Banker Realty
Sold Price
$130,000
Current Estimated Value
$311,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,302
Avg. Annual Appreciation
12.76%
Original Mortgage
$130,000
Outstanding Balance
$113,573
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$197,729

Purchase Details

Closed on
Nov 6, 2017
Sold by
Turner Sophia L
Bought by
Turner Keith R

Purchase Details

Closed on
Dec 1, 2015
Sold by
Turner Keith R
Bought by
Turner Keith R and Turner Sophia T

Purchase Details

Listed on
Nov 3, 2014
Closed on
Feb 10, 2015
Sold by
Vandervelde Kenneth J and Vandervelde Vicki M
Bought by
Turner Keith R
List Price
$115,750
Sold Price
$113,000
Premium/Discount to List
-$2,750
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.91%
Original Mortgage
$115,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 11, 2012
Closed on
May 26, 2013
Sold by
Bombardier John Philip and Bombardier Mary B
Bought by
Vandervelde Kenneth J and Vandervelde Vicki M
List Price
$99,900
Sold Price
$93,000
Premium/Discount to List
-$6,900
-6.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.14%
Original Mortgage
$91,315
Interest Rate
3.25%
Mortgage Type
FHA
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
Allen Janet Denise Ross $130,000 None Available
Turner Keith R -- None Available
Turner Keith R -- None Available
Turner Keith R $113,000 None Available
Vandervelde Kenneth J $93,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Janet Denise Ross $130,000
Previous Owner Turner Keith R $115,000
Previous Owner Vandervelde Kenneth J $91,315
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/23/2018 07/23/18 Sold $130,000 +15.0% $58 / Sq Ft
06/02/2018 06/02/18 Pending -- -- --
05/12/2015 05/12/15 Off Market $113,000 -- --
02/10/2015 02/10/15 Sold $113,000 -2.4% $50 / Sq Ft View Prior Sale
01/15/2015 01/15/15 Pending -- -- --
11/03/2014 11/03/14 For Sale $115,750 +24.5% $51 / Sq Ft
08/28/2013 08/28/13 Off Market $93,000 -- --
05/29/2013 05/29/13 Sold $93,000 -6.9% $66 / Sq Ft View Prior Sale
04/11/2013 04/11/13 Pending -- -- --
06/11/2012 06/11/12 For Sale $99,900 -- $71 / 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 $2,879 $240,752 $28,500 $212,252
2024 $2,879 $240,752 $28,500 $212,252
2023 $2,879 $240,752 $28,500 $212,252
2022 $1,970 $143,060 $21,000 $122,060
2021 $1,970 $143,060 $21,000 $122,060
2020 $1,970 $143,060 $21,000 $122,060
2019 $1,970 $143,060 $21,000 $122,060
2018 $1,625 $119,601 $21,000 $98,601
2017 $1,616 $119,601 $21,000 $98,601
2016 $1,572 $119,601 $21,000 $98,601
2015 $1,545 $116,855 $21,000 $95,855
2014 $1,590 $121,677 $21,000 $100,677
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3397208

Canopy MLS (Canopy Realtor® Association)

APN: 065-C142