NOT LISTED FOR SALE

107 Lancelot Rd Salisbury, NC 28147

Estimated Value: $351,917 - $386,000

4 Beds
2.5 Baths
2,221 Sq Ft
$163/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $260,000 $117 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,132/month

1 Day on Market

Highlights

  • Wood Flooring
  • Attached Garage
  • Fire Pit

About This Home

As of January 2021

MUST SEE!!! This is a beautifully remodeled home in a quiet neighborhood. This excellent home has original hardwood floors throughout the main level. It has a brand new kitchen and all new appliances, in addition to custom cabinets and granite countertops. It has all new paint inside and outside. With a brand new roof and windows. There is a sunporch that overlooks the beautiful and totally fenced in back yard. It has a 1 and 1/2 attached garage with an all new concrete driveway. This really is a beautiful and home that you do not want to miss.

Last Agent to Sell the Property

Jennifer Ritchie

Sutton Properties LLC License #321335 Listed on: 12/11/2020

Last Buyer's Agent

Sheila Sadighi

Keller Williams Premier License #169553

Keller Williams Premier

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 0.5

Parking

  • Attached Garage

Interior Spaces

  • Bonus Room with Fireplace

Flooring

  • Wood
  • Tile
  • Vinyl Plank

Outdoor Features

  • Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 468B035

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.02161
  • Ratio Close Price By Original Li: 1.02161
  • Ratio Current Price By Acre: 520000.00
  • Ratio Current Price By Sq Ft: 117.06
  • Year Built: 1968
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Fully Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher
  • Fireplace Description: Bonus Room
  • Fireplace: Yes
  • Flooring: Tile, Vinyl Plank, Wood
  • Laundry Location: Lower
  • Room Count: 2
  • Lower Level Sq Ft: 910
  • Main Level Sq Ft: 1311
  • Total Sq Ft: 2221
  • Sq Ft Unheated Main: 142
  • Sq Ft Unheated Total: 142

Exterior Features

  • Construction: Brick Partial
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Fire pit

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 1 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Knollwood
  • Middle School: Southeast
  • High School: Salisbury

Lot Info

  • Lot Size Area: 0.500
  • Parcel Number: 468B035
  • Zoning Specification: Res

Tax Info

  • Tax Value: 166894.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Jan 25, 2021
Sold by
Ritchie Jeffrey R and Ritchie Jennifer L
Bought by
Reisen Barbara
Seller's Agent
Jennifer Ritchie
Sutton Properties LLC
Buyer's Agent
Sheila Sadighi
Keller Williams Premier
List Price
$254,500
Sold Price
$260,000
Premium/Discount to List
$5,500
2.16%
Current Estimated Value
$361,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,229
Avg. Annual Appreciation
7.17%
Original Mortgage
$251,322
Outstanding Balance
$224,819
Interest Rate
2.71%
Mortgage Type
FHA
Estimated Equity
$136,410

Purchase Details

Closed on
Aug 12, 2020
Sold by
Stubblefield Erik S and Stubblefield Lorin K
Bought by
Ritchie Jeffrey R and Ritchie Jennifer L

Purchase Details

Closed on
Oct 22, 2014
Sold by
Bergstrom Derek C and Bergstrom Tiffine P
Bought by
Stubblefield Erik S and Stubblefield Lorin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 13, 2014
Sold by
Secretary Of Hud
Bought by
Bergstrom Derek C and Bergstrom Tiffine P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,797
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 5, 2013
Sold by
Peerman Maurice and Peerman Katherine E
Bought by
Secretary Of Hud

Purchase Details

Closed on
Feb 1, 2012
Sold by
Peerman Maurice and Peerman Katherine
Bought by
Peerman Maurice

Purchase Details

Closed on
Jul 15, 2004
Sold by
Pruitt Donald Ivan and Pruitt Sula E
Bought by
Peerman Maurice S and Peerman Katherine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,406
Interest Rate
6.25%
Mortgage Type
FHA
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
Reisen Barbara $260,000 None Available
Ritchie Jeffrey R $145,000 None Available
Stubblefield Erik S $94,500 None Available
Bergstrom Derek C -- None Available
Secretary Of Hud $125,781 None Available
Peerman Maurice -- None Available
Peerman Maurice S $139,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reisen Barbara $251,322
Previous Owner Stubblefield Erik S $94,500
Previous Owner Bergstrom Derek C $72,797
Previous Owner Peerman Maurice S $138,406
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2021 01/25/21 Sold $260,000 +2.2% $117 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
12/11/2020 12/11/20 For Sale $254,500 -- $115 / 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 $2,854 $238,638 $28,500 $210,138
2024 $2,854 $238,638 $28,500 $210,138
2023 $2,854 $238,638 $28,500 $210,138
2022 $2,298 $166,894 $22,500 $144,394
2021 $2,298 $166,894 $22,500 $144,394
2020 $2,298 $166,894 $22,500 $144,394
2019 $2,298 $166,894 $22,500 $144,394
2018 $1,893 $139,296 $22,500 $116,796
2017 $1,883 $139,296 $22,500 $116,796
2016 $1,831 $139,296 $22,500 $116,796
2015 $1,842 $139,296 $22,500 $116,796
2014 $1,750 $133,915 $22,500 $111,415
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3678573

Canopy MLS (Canopy Realtor® Association)

APN: 468-B035