NOT LISTED FOR SALE

1040 Gracebrook Dr Salisbury, NC 28147

Estimated Value: $362,057 - $411,000

3 Beds
2 Baths
1,818 Sq Ft
$211/Sq Ft Est. Value

Last Sold April 27, 2021

Last sale price $277,750 $153 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,194/month

3 Days on Market

Highlights

  • Clubhouse
  • Recreation Facilities
  • Many Trees
  • Ranch Style House
  • Trails
  • Level Lot

About This Home

As of April 2021

WHAT A SPECIAL HOME ! Meticulously kept one owner home. Big time updates including : Roof and Gutters replaced 2016, HVAC system in 2020 which includes a smart thermostat that can be adjusted from anwhere through the app. New Quartz countertops in kitchen and both bathrooms. New garage door with smart controls.
Office has built in custom cabinets including bookshelves. Dog lovers special fencing level backyard. Best lawn in the neighborhood both front and back. Phase 1 of Grace Ridge amenities includes clubhouse, pool, fitness room, baseball field, basketball court, and walking trails. As before "SPECIAL HOME" --BEST HURRY
Owners in process of moving remaining personal property.

Last Agent to Sell the Property

Jim Crawford

Key Real Estate License #198813 Listed on: 03/27/2021

Last Buyer's Agent

Stephanie Luther

Howard Hanna Allen Tate Lake Norman License #252804

Howard Hanna Allen Tate Lake Norman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • Level Lot
  • Many Trees

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 2

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Gas Log Fireplace
  • Crawl Space

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 479D008

Community Details

Overview

  • Cedar Mg Group Association, Phone Number (704) 644-8808

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

HOA Fees

$28 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.02114
  • Ratio Close Price By Original Li: 1.02114
  • Ratio Current Price By Acre: 414552.24
  • Ratio Current Price By Sq Ft: 152.78
  • Year Built: 1998
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range
  • Fireplace Description: Gas Logs
  • H O A Management Phone: 704-644-8808
  • Interior Amenities: Attic Other, Built-Ins
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1818
  • Total Sq Ft: 1818

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Playground, Recreation Area, Walking Trails
  • Association Fee: 85.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Cedar Mg Group
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 120x267x114x237
  • Lot Features: Level, Paved Frontage, Trees
  • Parcel Number: 479D008
  • Zoning Specification: Res

Tax Info

  • Tax Value: 190331.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2021
Closed on
Apr 27, 2021
Sold by
Gullett Brian L and Gullett Jennifer Boyers
Bought by
Ramirez Gabriel
Seller's Agent
Jim Crawford
Key Real Estate
Buyer's Agent
Stephanie Luther
Howard Hanna Allen Tate Lake Norman
List Price
$272,000
Sold Price
$277,750
Premium/Discount to List
$5,750
2.11%
Current Estimated Value
$383,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,514
Avg. Annual Appreciation
7.09%
Original Mortgage
$256,500
Outstanding Balance
$232,272
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$150,992

Purchase Details

Closed on
Jan 15, 2013
Sold by
Gullett Brian L and Gullett Jennifer Boyers
Bought by
Gullett Brian L and Gullett Jennifer Boyers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,900
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 1998
Bought by
Gullett Brian L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ramirez Gabriel $278,000 None Available
Gullett Brian L -- None Available
Gullett Brian L $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Gabriel $256,500
Previous Owner Gullett Brian L $117,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2021 04/27/21 Sold $277,750 +2.1% $153 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $272,000 -- $150 / 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 $1,945 $287,110 $37,500 $249,610
2024 $1,945 $287,110 $37,500 $249,610
2023 $1,945 $287,110 $37,500 $249,610
2022 $1,437 $190,331 $32,000 $158,331
2021 $1,423 $190,331 $32,000 $158,331
2020 $1,423 $190,331 $32,000 $158,331
2019 $1,423 $190,331 $32,000 $158,331
2018 $1,089 $146,882 $28,500 $118,382
2017 $1,089 $146,882 $28,500 $118,382
2016 $1,089 $146,882 $28,500 $118,382
2015 $1,102 $146,882 $28,500 $118,382
2014 $1,029 $143,941 $28,500 $115,441
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3721273

Canopy MLS (Canopy Realtor® Association)

APN: 479-D008