NOT LISTED FOR SALE

1114 Terrace Dr Salisbury, NC 28146

Estimated Value: $284,000 - $305,000

3 Beds
2 Baths
1,608 Sq Ft
$182/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $270,000 $168 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,761/month

2 Days on Market

Highlights

  • Ranch Style House
  • Laundry Room
  • Central Heating
  • Attached Garage
  • Tile Flooring

About This Home

As of June 2022

This adorable full brick ranch is ready for new owners! Updated kitchen with granite counters, black stainless appliances, and yes the refrigerator stays! Laminate and tile flooring throughout, updated bathrooms, and new garage door. Situated on almost a half acre lot with easy access to I-85 and just minutes to shopping and restaurants. Fireplace sold as is, no known issues.Professional photos and measurements coming on 4/30.

Last Agent to Sell the Property

Regina Vance

Coldwell Banker Realty License #264235 Listed on: 04/30/2022

Coldwell Banker Realty

Last Buyer's Agent

Deborah Calderon

Calderon Realty Inc. License #251992

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,681

Year Built

  • Built in 1982

Lot Details

  • 0.46

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,608 Sq Ft Home
  • Den with Fireplace
  • Tile Flooring
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Granite Quarry Elementary School
  • C.C. Erwin Middle School
  • East Rowan High School

Additional Features

  • Lot Dimensions are 100x200
  • Central Heating

Community Details

  • Rowan Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 065C326

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,681

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1982
  • Ratio Current Price By Acre: 586956.52
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Tile
  • Interior Amenities: Attic Stairs Pulldown
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1608
  • 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: 0
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Den
  • Living Area: 1608
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 530
  • Parking Features: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Schools

  • Middle Or Junior School: C.C. Erwin
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.46
  • Lot Size Units: Acres
  • Parcel Number: 065C326
  • Lot Size: 100x200
  • Zoning Description: SFR

Tax Info

  • RATIO List Price By Tax Amount: 1.70363

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Granite Quarry
  • High School: East Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2022
Closed on
Jun 17, 2022
Sold by
Walsh Joseph M and Walsh Michelle N
Bought by
Hobart James and Hobart Constance
Seller's Agent
Regina Vance
Coldwell Banker Realty
Buyer's Agent
Deborah Calderon
Calderon Realty Inc.
List Price
$240,000
Sold Price
$270,000
Premium/Discount to List
$30,000
12.5%
Current Estimated Value
$293,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,249
Avg. Annual Appreciation
2.48%
Original Mortgage
$189,000
Outstanding Balance
$179,834
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$113,415

Purchase Details

Listed on
Mar 28, 2015
Closed on
Sep 15, 2015
Sold by
Yelton Perry Barbara and Yelton David Ronald
Bought by
Walsh Joseph M and Walsh Michelle N
List Price
$119,900
Sold Price
$108,000
Premium/Discount to List
-$11,900
-9.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.61%
Original Mortgage
$110,322
Interest Rate
3.97%
Mortgage Type
VA
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
Hobart James $270,000 Stewart Title
Walsh Joseph M $108,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobart James $189,000
Previous Owner Walsh Joseph M $110,322
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2022 06/17/22 Sold $270,000 +12.5% $168 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/30/2022 04/30/22 For Sale $240,000 +122.2% $149 / Sq Ft
01/06/2016 01/06/16 Off Market $108,000 -- --
09/29/2015 09/29/15 Sold $108,000 -9.9% $67 / Sq Ft View Prior Sale
08/21/2015 08/21/15 Pending -- -- --
03/28/2015 03/28/15 For Sale $119,900 -- $75 / 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 $2,681 $224,127 $28,500 $195,627
2024 $2,681 $224,127 $28,500 $195,627
2023 $2,681 $224,127 $28,500 $195,627
2022 $1,940 $140,876 $21,000 $119,876
2021 $1,940 $140,876 $21,000 $119,876
2020 $1,940 $140,876 $21,000 $119,876
2019 $1,940 $140,876 $21,000 $119,876
2018 $1,586 $116,758 $21,000 $95,758
2017 $1,578 $116,758 $21,000 $95,758
2016 $1,535 $116,758 $21,000 $95,758
2015 $1,544 $116,758 $21,000 $95,758
2014 $1,571 $120,213 $21,000 $99,213
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3849220

Canopy MLS (Canopy Realtor® Association)

APN: 065-C326