$420,000
SOLD SEP 25, 2024

1118 Kingsway Dr Salisbury, NC 28146

4 Beds
3 Baths
2,595 Sq Ft
0.54 Acres

Recently Sold

$162 Per Sq Ft

18 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Double Self-Cleaning Oven
  • Traditional Architecture
  • Covered patio or porch
  • 2 Car Attached Garage

About This Home

As of September 2024

This spacious 4-bedroom home boasts nearly 2600 sqft plus a large 35x16 bonus room in an established neighborhood. The main floor features a large living room, LVP waterproof floors, kitchen with tile floor, stainless appliances (including a double oven & refrigerator), breakfast bar, and large dining area with bay window. The primary bedroom, along with bedrooms 2 & 3, are on the main floor. The spare baths were updated in 2020. The primary bath offers 2 vanities, whirlpool tub, separate shower, & a large walk-in closet with custom shelving. There is ample cabinet storage and a folding table in the laundry room. Additionally a 2-car attached garage, fenced back yard with a storage building, and a large 2 tier deck perfect for grilling! The roof was updated approx. 5 yrs ago and the water heater replaced approx 3 yrs ago. The property is situated on a .54-acre corner lot, located in the East Rowan school district with county taxes!

Last Agent to Sell the Property

Karen Courtney

RE/MAX Leading Edge Brokerage Email: KarenCourtneyNC@yahoo.com License #187699 Listed on: 07/04/2024

RE/MAX Leading Edge

Last Buyer's Agent

Teresa Mutakabbir

Berkshire Hathaway HomeServices Elite Properties License #280938

Berkshire Hathaway HomeServices Elite Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,042

Year Built

  • Built in 2002

Lot Details

  • Privacy Fence
  • Back Yard Fenced
  • Corner Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Crawl Space
  • Electric Dryer Hookup

Kitchen

  • Double Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Linoleum
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch
  • Outbuilding

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Jerry Wright Association, Phone Number (704) 798-3542
  • Kingstree Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 618B012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,042

Year Built

Built in 2002

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2002
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 161.85
  • Geocode Confidence: High
  • Attribution Contact: KarenCourtneyNC@yahoo.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Laminate, Linoleum, Tile
  • Interior Amenities: Attic Other
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1621
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 974
  • Appliances: Dishwasher, Double Oven, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 2595
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 2595
  • Bedroom Main: 3
  • Room Count: 9

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced, Privacy
  • Construction Type: Vinyl
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 414
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Garage Door Opener, Garage Faces Front

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Laundry Room
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 125
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Jerry Wright
  • Phone: 704-798-3542
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 125.00

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.54
  • Lot Size Units: Acres
  • Parcel Number: 618B012
  • Plat Reference Section Pages: 9995-4013
  • ResoLotSizeUnits: Acres
  • Zoning Specification: SFR

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2024
Closed on
Sep 24, 2024
Sold by
Walker Lee Thomas and Walker Dona Elizabeth
Bought by
Pacetti David and Pacetti Sheri
Seller's Agent
Karen Courtney
RE/MAX Leading Edge
Buyer's Agent
Teresa Mutakabbir
Berkshire Hathaway HomeServices Elite Properties
List Price
$420,000
Sold Price
$420,000
Total Days on Market
18
Views
61
Current Estimated Value
$426,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,982
Avg. Annual Appreciation
2.45%
Original Mortgage
$326,300
Outstanding Balance
$324,503
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$102,479

Purchase Details

Closed on
May 2, 2003
Bought by
Walker Lee Thomas and Walker Wf
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $420,000 None Listed On Document
Warranty Deed $167,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $326,300 FHA
Previous Owner $60,000 Credit Line Revolving
Previous Owner $148,000 New Conventional
Previous Owner $75,000 Credit Line Revolving
Previous Owner $112,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Sold $420,000 0.0% $162 / Sq Ft
07/04/2024 07/04/24 For Sale $420,000 -- $162 / 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
2024 $2,042 $321,647 $30,000 $291,647
2023 $2,042 $321,647 $30,000 $291,647
2022 $1,489 $208,974 $26,500 $182,474
2021 $1,447 $208,974 $26,500 $182,474
2020 $1,447 $208,974 $26,500 $182,474
2019 $1,447 $208,974 $26,500 $182,474
2018 $1,211 $176,192 $26,500 $149,692
2017 $1,211 $176,192 $26,500 $149,692
2016 $1,211 $176,192 $26,500 $149,692
2015 $1,230 $176,192 $26,500 $149,692
2014 $1,220 $178,051 $26,500 $151,551
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4148307

Canopy MLS (Canopy Realtor® Association)

APN: 618-B012