NOT LISTED FOR SALE

1027 River Trace Ln Salisbury, NC 28144

Estimated Value: $261,000 - $298,414

3 Beds
2 Baths
1,395 Sq Ft
$204/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $245,000 $176 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,595/month

157 Days on Market

Highlights

  • Under Construction
  • Laundry Room
  • Ceiling Fan

About This Home

As of January 2023

New construction. Must see off frame modular home with lots of great features. Fantastic kitchen with S/S appliances, Farmhouse sink. Large walk in shower in main bath and large walk in closet. 2x6 exterior, R-30 insulation in ceiling and floors, R-19 in exterior walls. Special finance available Call listing agent for information. See attachments for building info.

Last Agent to Sell the Property

Jerry Davis

Century 21 Towne and Country License #210362 Listed on: 08/22/2022

Century 21 Towne and Country

Co-Listed By

Jayne Land

Century 21 Towne and Country License #186931

Last Buyer's Agent

Mike Vincent

Carolina Living Associates LLC License #317461

Carolina Living Associates LLC

Property Details

Home Type

  • Modular Prefabricated Home

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 0.53

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,395 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heat Pump System
  • Septic Tank

Community Details

  • Built by HBSP
  • River Trace Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 307C271

Property Details

Home Type

Modular Prefabricated Home

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2022
  • Ratio Current Price By Acre: 462264.15
  • Proposed Completion Date: 2022-08-31
  • Road Surface Type: Concrete
  • Structure Type: Modular Home
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 175.63
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1395
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Ceiling Fan(s), Dishwasher, Electric Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1395
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • New Construction: Yes
  • Construction Status: Under Construction
  • Tax Location: No City Taxes Paid
  • Construction Type: Off Frame Modular
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 50
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 50.00

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 307C271
  • Zoning Description: R
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: HBSP

Tax Info

  • RATIO List Price By Tax Amount: 16.98693

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Jan 27, 2023
Sold by
Pal-Co Inc
Bought by
Hedrick Justin Andrew
Seller's Agent
Jerry Davis
Century 21 Towne and Country
Buyer's Agent
Mike Vincent
Carolina Living Associates LLC
List Price
$259,900
Sold Price
$245,000
Premium/Discount to List
-$14,900
-5.73%
Views
152
Current Estimated Value
$284,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,604
Avg. Annual Appreciation
5.04%
Original Mortgage
$237,650
Outstanding Balance
$227,571
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$57,033

Purchase Details

Closed on
Mar 29, 2021
Sold by
Lov Co Llc
Bought by
Pal Co Llc

Purchase Details

Closed on
Jan 2, 2000
Bought by
"Lov-Co Llc"
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hedrick Justin Andrew $245,000 None Listed On Document
Hedrick Justin Andrew $245,000 None Listed On Document
Pal Co Llc -- None Available
"Lov-Co Llc" -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hedrick Justin Andrew $237,650
Closed Hedrick Justin Andrew $8,000
Closed Hedrick Justin Andrew $237,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2023 01/27/23 Sold $245,000 -5.7% $176 / Sq Ft
08/22/2022 08/22/22 For Sale $259,900 -- $186 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,350 $203,015 $24,000 $179,015
2024 $1,350 $203,015 $24,000 $179,015
2023 $1,350 $203,015 $24,000 $179,015
2022 $114 $15,300 $15,300 $0
2021 $114 $15,300 $15,300 $0
2020 $114 $15,300 $15,300 $0
2019 $114 $15,300 $15,300 $0
2018 $93 $12,600 $12,600 $0
2017 $93 $12,600 $12,600 $0
2016 $93 $12,600 $12,600 $0
2015 $94 $12,600 $12,600 $0
2014 $164 $22,950 $22,950 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3887694

Canopy MLS (Canopy Realtor® Association)

APN: 307-C271