NOT LISTED FOR SALE

1031 Rowan Cir Salisbury, NC 28146

Estimated Value: $313,000 - $388,000

5 Beds
3 Baths
2,066 Sq Ft
$172/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $164,900 $80 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,120/month

70 Days on Market

Highlights

  • 1.28 Acre Lot
  • Rear Porch
  • Lot Has A Rolling Slope
  • Wood Burning Stove
  • Forced Air Heating and Cooling System

About This Home

As of August 2018

Move in ready East Rowan Ranch with 1.2 acres. This home offers 5 bedrooms, 3 full bathrooms, office, large living room, kitchen/ Dining combo, large laundry room, kids game room and a nice size deck with a wonderful backyard.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,101

Year Built

  • Built in 1969

Lot Details

  • 1.28 Acre Lot
  • Property fronts an interstate
  • Lot Has A Rolling Slope
  • Possible uses of the property include Residential

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 2,066 Sq Ft Home
  • Wood Burning Stove
  • Crawl Space

Kitchen

  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Granite Quarry Elementary School
  • C.C. Erwin Middle School
  • East Rowan High School

Additional Features

  • Rear Porch
  • Forced Air Heating and Cooling System

Community Details

  • Rowan Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 157

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,101

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1969
  • Inclusions: Building
  • Road Frontage Type: Interstate
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: 12

Interior Features

  • Foundation Details: Crawl Space
  • Sq Ft Unheated Basement: 0
  • Possible Use: Residential
  • Appliances: Dishwasher, Exhaust Hood
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning Stove
  • Living Area: 2066

Exterior Features

  • Roof: Composition
  • Construction Type: Brick Partial, Metal
  • Patio And Porch Features: Rear Porch

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: C.C. Erwin

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Units: Acres
  • Parcel Number: 157
  • Lot Size Acres: 1.28
  • Lot Size Sq Ft: 55756
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Granite Quarry
  • High School: East Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2020
Sold by
Shelstad Geoffrey Harrison
Bought by
Arnold Dennis A
Current Estimated Value
$355,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,972
Outstanding Balance
$205,532
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$149,510

Purchase Details

Listed on
Apr 6, 2018
Closed on
Aug 20, 2018
Sold by
Shelstad Michael and Shelstad Jan D
Bought by
Shelstad Geoffrey
List Price
$164,900
Sold Price
$164,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%
Original Mortgage
$166,331
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 6, 2018
Closed on
Aug 16, 2018
Sold by
Venable Woolite Michelle
Bought by
Shelstad Geoffrey and Shelstad Michael
List Price
$164,900
Sold Price
$164,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,331
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 22, 2015
Closed on
Dec 14, 2015
Sold by
Boone Robert F
Bought by
Venable Woolite Michelle
List Price
$69,900
Sold Price
$67,900
Premium/Discount to List
-$2,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.25%
Original Mortgage
$65,500
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Arnold Dennis A $242,000 None Available
Shelstad Geoffrey -- Lkn Title Llc
Shelstad Geoffrey $169,400 Lkn Title Llc
Venable Woolite Michelle $68,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnold Dennis A $230,972
Previous Owner Shelstad Geoffrey $166,331
Previous Owner Venable Woolite Michelle $65,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2019 02/26/19 Off Market $164,900 -- --
08/17/2018 08/17/18 Sold $164,900 0.0% $80 / Sq Ft
06/15/2018 06/15/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $164,900 +142.9% $80 / Sq Ft
03/15/2016 03/15/16 Off Market $67,900 -- --
12/14/2015 12/14/15 Sold $67,900 -2.9% $33 / Sq Ft View Prior Sale
10/23/2015 10/23/15 Pending -- -- --
10/22/2015 10/22/15 For Sale $69,900 -- $34 / 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 $3,101 $259,322 $39,900 $219,422
2024 $3,101 $259,322 $39,900 $219,422
2023 $3,101 $259,322 $39,900 $219,422
2022 $2,200 $159,764 $29,400 $130,364
2021 $2,200 $159,764 $29,400 $130,364
2020 $2,200 $159,764 $29,400 $130,364
2019 $2,200 $159,764 $29,400 $130,364
2018 $1,608 $118,376 $29,400 $88,976
2017 $1,600 $118,376 $29,400 $88,976
2016 $1,556 $118,376 $29,400 $88,976
2015 $1,424 $107,707 $18,731 $88,976
2014 $1,453 $111,183 $18,731 $92,452
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R60072

Canopy MLS (Canopy Realtor® Association)

APN: 065-C157