NOT LISTED FOR SALE

11 Oak Rd Salisbury, NC 28144

Estimated Value: $867,000 - $2,312,000

5 Beds
7 Baths
10,000 Sq Ft
$176/Sq Ft Est. Value

Last Sold October 12, 2018

Last sale price $1,391,000 $139 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $11,062/month

100 Days on Market

Highlights

  • Indoor Pool
  • Built-In Refrigerator
  • Great Room with Fireplace
  • Sauna
  • 0.96 Acre Lot
  • Wood Flooring

About This Home

As of October 2018

One of the Most Magnificent Homes in North Carolina! Every Detail Imaginable and perfectly situated on two golf course lots overlooking the Donald Ross golf course, Salisbury CC. This home boasts two master suites, elegant dinning room, executive office, grand room, keeping room and sun room on the main level. Jaw Dropping Gourmet Kitchen & lots more unique details.

Last Agent to Sell the Property

John-Mark Mitchell

Mitchell Forbes Global Properties License #189940 Listed on: 03/23/2018

Last Buyer's Agent

John-Mark Mitchell

Mitchell Forbes Global Properties License #189940 Listed on: 03/23/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,344

Year Built

  • Built in 2008

Lot Details

  • 0.96 Acre Lot
  • Fenced
  • Property is zoned RS

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Home Design

  • Stucco
  • Stone

Interior Spaces

  • 9,467 Sq Ft Home
  • 8,500-10,000 Sq Ft Home
  • Property has 2 Levels
  • Elevator
  • Wet Bar
  • Ceiling Fan
  • Great Room with Fireplace
  • 5 Fireplaces
  • Sauna
  • Intercom
  • Finished Basement

Kitchen

  • Double Oven
  • Built-In Range
  • Built-In Refrigerator
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer Hookup

Attic

  • Walk-In Attic
  • Permanent Attic Stairs

Pool

  • Indoor Pool
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Outdoor Fireplace
  • Outdoor Gas Grill
  • Porch

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 040049
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,344

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.96
  • Lot Size: see plat
  • Subdivision Name: None
  • Directions: West Innes, R- Mahaley Ave, to Confederate, L- Henderson, R- Pine Tree, L- North Rd, R- Oak Rd.
  • Above Grade Finished Sq Ft: 9467
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2008
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 2200 - 2700
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 8500 - 10000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Built-In Range, Built-In Refrigerator, Dishwasher, Double Oven, Gas Water Heater
  • Flooring: Terrazzo, Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Soaking Tub, Kitchen Island, Pantry, Sauna, Separate Shower, Wet Bar
  • Other Equipment: Intercom
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Great Room, Kitchen, Primary Bedroom, Outside
  • Fireplaces: 5
  • Living Area: 9467
  • Main Level Bathrooms: 2
  • TRIADMLS_HalfBathsLower: 1
  • Attic Description: Eave Storage, Permanent Stairs, Walk in Attic
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 2
  • TRIADMLS_FullBathsUpper: 3

Exterior Features

  • Exterior Features: Balcony, Lighting, Gas Grill
  • Fencing: Fenced
  • Pool Features: Indoor, Private
  • Construction Type: Stone, Stucco
  • TRIADMLS_PoolYN: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Driveway, Circular Driveway, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Laundry Room - 2nd Level, Main Level, Washer Hookup
  • Security: Security System
  • Cooling: Central Air
  • Heating: Zoned, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 040049
  • Zoning: RS
  • TRIADMLS_PlatBook: 9995-262
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 30344
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2018
Closed on
Oct 1, 2018
Sold by
Merhoff Vance F and Merhoff Tina S
Bought by
Vartech Systems Inc
Seller's Agent
John-Mark Mitchell
Mitchell Forbes Global Properties
Buyer's Agent
John-Mark Mitchell
Mitchell Forbes Global Properties
List Price
$2,495,000
Sold Price
$1,391,000
Premium/Discount to List
-$1,104,000
-44.25%
Current Estimated Value
$1,758,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,584
Avg. Annual Appreciation
3.30%

Purchase Details

Closed on
Jul 1, 2005
Sold by
Merhoff Vance F and Merhoff Tina S
Bought by
Merhoff Vance F and Merhoff Tina S

Purchase Details

Closed on
Jun 29, 2005
Sold by
Brown Sandra Graves
Bought by
Merhoff Vance F and Merhoff Tina S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vartech Systems Inc $1,300,000 None Available
Merhoff Vance F -- Chicago Title Insurance Comp
Merhoff Vance F $252,000 Chicago Title Insurance Comp
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2018 10/12/18 Sold $1,391,000 -44.2% $164 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $2,495,000 -- $294 / Sq Ft
Source: Triad MLS

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 $22,174 $1,854,039 $262,500 $1,591,539
2024 $22,174 $1,854,039 $262,500 $1,591,539
2023 $22,174 $1,854,039 $262,500 $1,591,539
2022 $21,998 $1,597,424 $262,500 $1,334,924
2021 $21,998 $1,597,424 $262,500 $1,334,924
2020 $21,998 $1,597,424 $262,500 $1,334,924
2019 $21,998 $1,597,424 $262,500 $1,334,924
2018 $31,365 $2,308,404 $350,000 $1,958,404
2017 $31,199 $2,308,404 $350,000 $1,958,404
2016 $30,344 $2,308,404 $350,000 $1,958,404
2015 $30,529 $2,308,404 $350,000 $1,958,404
2014 $30,324 $2,320,280 $450,000 $1,870,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 880132

Triad MLS

APN: 040-049