NOT LISTED FOR SALE

1122 Arbor Dr Salisbury, NC 28144

Estimated Value: $230,823 - $250,000

3 Beds
1.5 Baths
1,351 Sq Ft
$178/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $187,000 $138 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,415/month

17 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Level Lot

About This Home

As of November 2021

Beautiful all brick ranch in the quiet well-established neighborhood of Meadowbrook! Convenient to downtown Salisbury, shopping, I85 and more. This beautiful home was previously remodeled in 2019 with many new updates and features. Hurry and make it yours before it's too late!

Last Agent to Sell the Property

Rodney Queen

Lantern Realty & Development LLC License #197764 Listed on: 09/18/2021

Last Buyer's Agent

Nicole Sherrill-Jamison

Keller Williams Premier License #332638

Keller Williams Premier

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 0.34

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Additional Features

  • Wood Flooring
  • Crawl Space
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 326A153

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.01355
  • Ratio Close Price By Original Li: 1.01355
  • Ratio Current Price By Acre: 550000.00
  • Ratio Current Price By Sq Ft: 138.42
  • Year Built: 1965
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Oven, Electric Dryer Hookup
  • Flooring: Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1351
  • Total Sq Ft: 1351

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 1 Car, Driveway

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Lot Info

  • Lot Dimension: 100x150x100x150
  • Lot Features: Level
  • Parcel Number: 326A153
  • Plat Book Slide: 9995
  • Plat Reference Section Pages: 841
  • Zoning Specification: RES

Tax Info

  • Tax Value: 130245.00
  • Tax Location: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2021
Closed on
Nov 15, 2021
Sold by
Merchant Darlene
Bought by
Hancock Reginald and Hancock Karen
Seller's Agent
Rodney Queen
Lantern Realty & Development LLC
Buyer's Agent
Nicole Sherrill-Jamison
Keller Williams Premier
List Price
$184,500
Sold Price
$187,000
Premium/Discount to List
$2,500
1.36%
Current Estimated Value
$239,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,956
Avg. Annual Appreciation
6.22%
Original Mortgage
$187,000
Outstanding Balance
$171,353
Interest Rate
2.99%
Mortgage Type
VA
Estimated Equity
$68,603

Purchase Details

Listed on
Jul 2, 2019
Closed on
Oct 17, 2019
Sold by
153 Capital Llc
Bought by
Merchant Darlene
Seller's Agent
Steve Toop
United Brokers Ltd
Buyer's Agent
Rodney Queen
Lantern Realty & Development LLC
List Price
$142,500
Sold Price
$140,750
Premium/Discount to List
-$1,750
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.79%
Original Mortgage
$126,675
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2018
Sold by
Newell Sylvester A and Newell James C
Bought by
153 Capital Llc

Purchase Details

Closed on
Aug 16, 2007
Sold by
Newell Sylvester A
Bought by
Newell Sylvester A and Newell James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,150
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2006
Sold by
Newell Sylvester A
Bought by
Newell Sylvester A and Steve A Newell Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hancock Reginald $187,000 None Available
Merchant Darlene $141,000 None Available
153 Capital Llc $69,090 None Available
Newell Sylvester A -- Title Source Inc
Newell Sylvester A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hancock Reginald $187,000
Previous Owner Merchant Darlene $126,675
Previous Owner Newell Sylvester A $107,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2021 11/18/21 Sold $187,000 +1.4% $138 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
10/02/2021 10/02/21 For Sale $184,500 0.0% $137 / Sq Ft
09/26/2021 09/26/21 Pending -- -- --
09/18/2021 09/18/21 For Sale $184,500 +31.1% $137 / Sq Ft
10/28/2019 10/28/19 Sold $140,750 -1.2% $105 / Sq Ft View Prior Sale
08/08/2019 08/08/19 Pending -- -- --
07/24/2019 07/24/19 For Sale $142,500 0.0% $106 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
07/02/2019 07/02/19 For Sale $142,500 -- $106 / 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 $1,923 $160,779 $33,500 $127,279
2024 $1,923 $160,779 $33,500 $127,279
2023 $1,923 $160,779 $33,500 $127,279
2022 $1,794 $130,245 $23,230 $107,015
2021 $1,794 $130,245 $23,230 $107,015
2020 $1,794 $130,245 $23,230 $107,015
2019 $1,432 $103,989 $23,230 $80,759
2018 $1,202 $88,434 $23,230 $65,204
2017 $1,195 $88,434 $23,230 $65,204
2016 $1,162 $88,434 $23,230 $65,204
2015 $1,170 $88,434 $23,230 $65,204
2014 $600 $91,815 $23,230 $68,585
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3786554

Canopy MLS (Canopy Realtor® Association)

APN: 326-A153