NOT LISTED FOR SALE

1075 Rainey Rd Salisbury, NC 28146

Estimated Value: $351,914 - $374,000

4 Beds
2 Baths
1,782 Sq Ft
$205/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $320,000 $180 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,028/month

42 Days on Market

Highlights

  • Above Ground Pool
  • Private Lot
  • Covered Patio or Porch
  • Deck
  • Wooded Lot
  • Double Oven

About This Home

As of November 2022

A little bit of heaven in Faith. Travel slowly down the long driveway to take in the peacefulness of the property and the charm of a home with an inviting front patio that begs you to stop and enjoy the view. Enter to find a well-thought-out floorplan with 4 bedrooms, a cozy fireplace, roomy living areas with lots of options for decorating, and two updated bathrooms. The kitchen is spacious and centrally located and also overlooks the backyard that has an above ground pool. Large windows capture all the light and make the rooms feel cheerful. There is a wired and air conditioned 12 x 24 shed and a sweet chicken coop complete with chickens that can stay if you'd like! Add to all of the peace, quiet and livability - a brand new roof and HVAC - and you have all you need to move in and call it home.

Last Agent to Sell the Property

Jill Dickson

TMR Realty, Inc. License #303717 Listed on: 10/07/2022

Last Buyer's Agent

Starlese Dawkins

CENTURY 21 Rucker Real Estate License #292072

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • Private Lot
  • Level Lot
  • Wooded Lot
  • Zoning described as RA

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Hardboard

Interior Spaces

  • Ceiling Fan
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Double Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Above Ground Pool
  • Deck
  • Covered Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Faith Elementary School
  • Southeast Middle School
  • Jesse Carson High School

Utilities

  • Heat Pump System
  • Baseboard Heating
  • Propane Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 355039

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

2.13 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1969
  • Ratio Current Price By Acre: 150234.74
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Structure Type: Tri-Level
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 179.57
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Vinyl
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 546
  • Main Level Sq Ft: 622
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 614
  • Porch: Covered,Deck,Front
  • Appliances: Ceiling Fan(s), Electric Cooktop, Dishwasher, Double Oven, Dryer, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Living Area: 1782
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 1

Exterior Features

  • Exterior Features: Outbuilding(s), Above Ground Pool, Shed(s), Other
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Faith
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Hardboard Siding

Garage/Parking

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

Utilities

  • Heating: Baseboard, Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Propane
  • Laundry Features: In Garage
  • Water Source: Well

Schools

  • Middle Or Junior School: Southeast
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Private, Wooded, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 355039
  • Zoning Description: RA
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.82202

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Faith
  • High School: Jesse Carson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Nov 17, 2022
Sold by
Anderson Stacey
Bought by
Chaires John and Davenport Tiffany
Seller's Agent
Jill Dickson
TMR Realty, Inc.
Buyer's Agent
Starlese Dawkins
CENTURY 21 Rucker Real Estate
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Views
53
Current Estimated Value
$364,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,729
Avg. Annual Appreciation
4.11%
Original Mortgage
$220,000
Outstanding Balance
$213,178
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$151,551

Purchase Details

Listed on
Nov 19, 2021
Closed on
Dec 10, 2021
Sold by
Powell Sean Kelly
Bought by
Anderson Stacey
Seller's Agent
Kelly Lowe
Keller Williams Premier
Buyer's Agent
Jill Dickson
TMR Realty, Inc.
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.49%

Purchase Details

Closed on
Dec 11, 2019
Sold by
Powell Tammi Jo
Bought by
Powell Sean Kelly

Purchase Details

Closed on
Apr 11, 2007
Sold by
Webb Johnny Lee and Webb Elaine S
Bought by
Powell Sean Kelly and Powell Tammi Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,300
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Chaires John $320,000 --
Anderson Stacey $275,000 None Available
Anderson Stacey $275,000 Overbey Jon
Powell Sean Kelly -- None Available
Powell Sean Kelly $154,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaires John $220,000
Previous Owner Powell Sean Kelly $146,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2022 11/18/22 Sold $320,000 -1.5% $180 / Sq Ft
10/07/2022 10/07/22 For Sale $325,000 +18.2% $182 / Sq Ft
12/10/2021 12/10/21 Sold $275,000 0.0% $156 / Sq Ft View Prior Sale
11/21/2021 11/21/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $275,000 -- $156 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,790 $267,111 $51,254 $215,857
2024 $1,790 $267,111 $51,254 $215,857
2023 $1,790 $267,111 $51,254 $215,857
2022 $1,333 $178,373 $39,184 $139,189
2021 $1,333 $178,373 $39,184 $139,189
2020 $1,333 $178,373 $39,184 $139,189
2019 $1,333 $178,373 $39,184 $139,189
2018 $976 $131,663 $39,183 $92,480
2017 $976 $131,663 $39,183 $92,480
2016 $976 $131,663 $39,183 $92,480
2015 $991 $131,663 $39,183 $92,480
2014 $972 $134,992 $39,183 $95,809
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3911668

Canopy MLS (Canopy Realtor® Association)

APN: 355-039

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