NOT LISTED FOR SALE

1070 Spring Valley Ln Salisbury, NC 28147

Estimated Value: $351,980 - $385,000

3 Beds
2 Baths
1,801 Sq Ft
$208/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $245,000 $136 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,112/month

1 Day on Market

Highlights

  • Engineered Wood Flooring
  • 1-Story Property
  • Level Lot
  • Fireplace
  • Many Trees

About This Home

As of August 2020

Wonderfully maintained 3 bedroom/2 bath ranch home located at the end of the cul-de-sac. Split floor plan w/ 3 generously sized bedrooms (master at one end of the home and secondary bedrooms on the other end). The living room is huge and very cozy with stone fireplace w/ mantle. Home offers wood flooring throughout home with tile in bathrooms. A brand new deck overlooks the big backyard that is freshly landscaped with a stone patio as well! Sellers replaced the roof earlier this year, HVAC is roughly 10 years old and garage door was also replaced this year. Don't delay, this won't be on the market for long!

Last Agent to Sell the Property

Deana Petty

Lantern Realty & Development, LLC License #263080 Listed on: 07/23/2020

Lantern Realty & Development, LLC

Last Buyer's Agent

Beth Christian

Wallace Realty License #289940

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • Level Lot
  • Many Trees

Parking

  • 2

Home Design

  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Engineered Wood
  • Vinyl

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 209E058

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.02083
  • Ratio Close Price By Original Li: 1.02083
  • Ratio Current Price By Acre: 401639.34
  • Ratio Current Price By Sq Ft: 136.04
  • 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: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Oven, Microwave
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Prefinished Wood, Vinyl
  • Interior Amenities: Attic Stairs Pulldown
  • Laundry Location: Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1801
  • Total Sq Ft: 1801

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car, Parking Space - 4+

Utilities

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

Lot Info

  • Lot Dimension: 166x188x139x178
  • Lot Features: Level, Trees
  • Parcel Number: 209E058
  • Zoning Specification: RS

Tax Info

  • Tax Value: 179627.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Aug 28, 2020
Sold by
Johnston Stephen Todd and Johnston Megan Bost
Bought by
Phillips Rodger Dale and Phillips Dawn Edwards
Seller's Agent
Deana Petty
Lantern Realty & Development, LLC
Buyer's Agent
Beth Christian
Wallace Realty
List Price
$240,000
Sold Price
$245,000
Premium/Discount to List
$5,000
2.08%
Current Estimated Value
$374,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,245
Avg. Annual Appreciation
8.54%
Original Mortgage
$196,000
Outstanding Balance
$173,937
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$200,308

Purchase Details

Closed on
Aug 11, 2009
Sold by
Johnston Stephen Todd and Johnston Megan Bost
Bought by
Johnston Stephen Todd and Johnston Megan Bost

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,883
Interest Rate
5.26%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 2008
Sold by
Parks Brent H and Parks Wanda
Bought by
Johnston Stephen Todd and Bost Megan Kaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,373
Interest Rate
6.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 2007
Sold by
Hinson Harry and Hinson Lori
Bought by
Parks Brent H and Parks Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Phillips Rodger Dale $245,000 None Available
Johnston Stephen Todd -- None Available
Johnston Stephen Todd $170,000 None Available
Parks Brent H $165,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Rodger Dale $196,000
Previous Owner Johnston Stephen Todd $169,883
Previous Owner Johnston Stephen Todd $167,373
Previous Owner Parks Brent H $148,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $245,000 +2.1% $136 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $240,000 -- $133 / 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 $1,719 $253,653 $32,500 $221,153
2024 $1,719 $253,653 $32,500 $221,153
2023 $1,719 $253,653 $32,500 $221,153
2022 $1,356 $179,627 $28,000 $151,627
2021 $1,343 $179,627 $28,000 $151,627
2020 $1,343 $179,627 $28,000 $151,627
2019 $1,343 $179,627 $28,000 $151,627
2018 $1,125 $151,796 $28,000 $123,796
2017 $1,125 $151,796 $28,000 $123,796
2016 $1,125 $151,796 $28,000 $123,796
2015 $1,138 $151,796 $28,000 $123,796
2014 $1,023 $143,131 $28,000 $115,131
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3643822

Canopy MLS (Canopy Realtor® Association)

APN: 209-E058