NOT LISTED FOR SALE

1050 Mill Wheel Dr Unit 74 Salisbury, NC 28146

Estimated Value: $526,000 - $575,000

3 Beds
4 Baths
3,326 Sq Ft
$166/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $450,000 $135 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,197/month

21 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Front Porch
  • Transitional Architecture
  • Wine Refrigerator
  • Attached Garage

About This Home

As of February 2022

This home has it all! This home sits on 1/2 acre and the additional 1/2 acre next door is included with this home for a total of 1 acre! (parcel ID for additional 1/2 acre is 405B007). Kitchen features granite counters, stainless appliances and opens to bright and airy family room w/stacked stone fireplace. Primary bedroom on main, whirlpool tub, separate shower, double sinks. Huge walk in closet. Spacious laundry room w/utility sink. Wood floors down and on stairs that lead up to 2 additional bedrooms and bonus room up w/attic storage. Fully finished basement is great for entertaining! Custom bar area w/beverage refrigerator, separate movie room has surround sound and elevated seating. Basement has huge 1/2 bath. Extra room in basement can be craft room, workshop, or you can even make it into a wine cellar. Plenty of storage! Walk out basement to beautifully landscaped yard. You have to see this home in person to appreciate it!

Last Agent to Sell the Property

Nancy Costa

Coldwell Banker Realty License #246395 Listed on: 12/26/2021

Coldwell Banker Realty

Last Buyer's Agent

Christine Stone

EXP Realty LLC Mooresville License #282376

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • Property is zoned RA

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Laundry Room
  • Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Fire Pit
  • Front Porch

Utilities

  • Central Heating
  • Septic Tank
  • Cable TV Available

Community Details

  • Olde Mill Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 405B008

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$11 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2007
  • Ratio Current Price By Acre: 441176.47
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: One and a Half Story/Basement
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement Fully Finished
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Cable Available, Pantry, Vaulted Ceiling
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1388
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 319
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 319
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 830
  • Porch: Front,Patio
  • Appliances: Ceiling Fan(s), Dishwasher, Electric Range, Microwave, Wine Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1108
  • Fireplace Features: Family Room
  • Living Area: 3326
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0
  • Full Bathrooms: 0
  • Half Bathrooms: 1
  • Total Bedrooms: 0

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Composition
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Garage - 2 Car

Utilities

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

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 133
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • ResoAssociationFeeFrequency: Annually

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 405B008
  • Lot Size: Irr
  • Additional Parcels Description: 405B007
  • Zoning Description: Res

Tax Info

  • RATIO List Price By Tax Amount: 1.73877

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2018
Sold by
Moody Kelli Ann
Bought by
Moody David Wayne
Current Estimated Value
$551,980

Purchase Details

Closed on
Aug 13, 2013
Sold by
Moody David W
Bought by
Moody David Wayne and Moody Kelli Ann

Purchase Details

Closed on
Apr 12, 2010
Sold by
Mcgarrity Michael P and Mcgarrity Teresa B
Bought by
Moody David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,091
Outstanding Balance
$175,016
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$376,964

Purchase Details

Closed on
Apr 28, 2008
Sold by
Lewis & Lewis Builders Inc
Bought by
Mcgarrity Michael P and Mcgarrity Teresa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Moody David Wayne -- None Available
Moody David Wayne -- Chicago Title Insurance Co
Moody David W $271,000 Morehead Title
Mcgarrity Michael P $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moody David W $266,091
Previous Owner Mcgarrity Michael P $199,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2022 02/24/22 Sold $450,000 -10.0% $135 / Sq Ft
01/16/2022 01/16/22 Pending -- -- --
12/26/2021 12/26/21 For Sale $500,000 -- $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 $3,435 $512,694 $36,000 $476,694
2024 $3,435 $512,694 $36,000 $476,694
2023 $3,196 $477,044 $36,000 $441,044
2022 $2,150 $287,560 $32,500 $255,060
2021 $2,128 $287,560 $32,500 $255,060
2020 $2,150 $287,560 $32,500 $255,060
2019 $2,128 $287,560 $32,500 $255,060
2018 $1,955 $268,231 $32,500 $235,731
2017 $1,955 $268,231 $32,500 $235,731
2016 $1,955 $268,231 $32,500 $235,731
2015 $1,985 $268,231 $32,500 $235,731
2014 $1,866 $256,462 $32,500 $223,962
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3814641

Canopy MLS (Canopy Realtor® Association)

APN: 405-B008