NOT LISTED FOR SALE

1045 Old Stone House Rd Salisbury, NC 28146

Estimated Value: $363,000 - $432,000

3 Beds
2.5 Baths
2,110 Sq Ft
$188/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $137,000 $65 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $2,343/month

9 Days on Market

Highlights

  • Ranch Style House
  • Fireplace
  • Walk-In Closet
  • Wood Flooring
  • Attached Garage
  • Level Lot

About This Home

As of May 2020

Brick Ranch Home in Rural Rowan County with 1 acre. Attached 3 car garage and Detached Metal Garage with 2 car garage. Concrete and gravel driveway parking. Large Open Living Room and Dining area. Fireplace in Living Room and Den area.

Last Agent to Sell the Property

Janet Petrozelle

Oak Leaf Properties of NC License #165143 Listed on: 04/29/2020

Last Buyer's Agent

Matthew Gallimore

Oak Leaf Properties of NC License #306721

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 1

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Slab Foundation

Interior Spaces

  • Fireplace
  • Crawl Space

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Outbuilding
  • Level Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 609005A

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.05385
  • Ratio Close Price By Original Li: 1.05385
  • Ratio Current Price By Acre: 137000.00
  • Ratio Current Price By Sq Ft: 64.93
  • Year Built: 1960
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Fireplace Description: Den, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Split BR Plan, Walk-In Closet(s)
  • Laundry Location: Main, Closet
  • Room Count: 1
  • Main Level Sq Ft: 2110
  • Total Sq Ft: 2110

Exterior Features

  • Construction: Brick Partial
  • Construction Type: Site Built
  • Exterior Features: Outbuilding

Garage/Parking

  • Driveway: Asphalt, Concrete, Gravel
  • Parking: Attached Garage, Detached Garage, Garage - 2 Car, Garage - 3 Car

Utilities

  • Heating: Central Air
  • Sewer: Septic Installed

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Level
  • Lot Size Area: 1.000
  • Parcel Number: 609005A
  • Zoning Specification: R

Tax Info

  • Tax Value: 188034.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2021
Sold by
Ribbon Home Spv Ii Llc
Bought by
Lipe Joyce Ann and Lipe Eric Price
Current Estimated Value
$396,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,433
Outstanding Balance
$237,583
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$157,515

Purchase Details

Closed on
Jan 21, 2021
Sold by
Misenheimer Kurt Daniel
Bought by
Ribbon Home Spv Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,433
Outstanding Balance
$237,583
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$157,515

Purchase Details

Listed on
Apr 29, 2020
Closed on
May 13, 2020
Sold by
Reverse Mortgage Funding Llc
Bought by
Misenheimer Kurt Daniel
Seller's Agent
Janet Petrozelle
Oak Leaf Properties of NC
Buyer's Agent
Matthew Gallimore
Oak Leaf Properties of NC
List Price
$130,000
Sold Price
$137,000
Premium/Discount to List
$7,000
5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.17%

Purchase Details

Closed on
Jan 31, 2020
Sold by
Peeler Greta Hinceman
Bought by
Reverse Mortgage Funding Llc
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
Lipe Joyce Ann $294,000 None Available
Ribbon Home Spv Ii Llc $294,000 None Available
Ribbon Home Spv Ii Llc $294,000 None Listed On Document
Misenheimer Kurt Daniel $137,000 None Available
Reverse Mortgage Funding Llc $182,918 Albertelli Law Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipe Eric Price $65,000
Open Lipe Joyce Ann $264,433
Previous Owner Peeler Greta Hinceman $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $137,000 +5.4% $65 / Sq Ft
05/08/2020 05/08/20 Pending -- -- --
04/29/2020 04/29/20 For Sale $130,000 -- $62 / 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 $2,202 $346,766 $28,500 $318,266
2024 $2,202 $346,766 $28,500 $318,266
2023 $2,202 $346,766 $28,500 $318,266
2022 $1,866 $261,824 $20,500 $241,324
2021 $1,302 $188,034 $20,500 $167,534
2020 $651 $188,034 $20,500 $167,534
2019 $651 $188,034 $20,500 $167,534
2018 $555 $161,651 $20,500 $141,151
2017 $555 $161,651 $20,500 $141,151
2016 $555 $161,651 $20,500 $141,151
2015 $564 $161,651 $20,500 $141,151
2014 $542 $158,271 $20,500 $137,771
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3616450

Canopy MLS (Canopy Realtor® Association)

APN: 609-005A