NOT LISTED FOR SALE

118 Log Barn Rd Salisbury, NC 28146

Estimated Value: $192,000 - $269,000

3 Beds
2 Baths
1,395 Sq Ft
$173/Sq Ft Est. Value

Last Sold June 17, 2016

Last sale price $100,000 $72 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $1,369/month

757 Days on Market

Highlights

  • Great Room with Fireplace
  • Walk-In Closet
  • Lot Has A Rolling Slope
  • Front Porch
  • Patio

About This Home

As of June 2016

Carson and Faith Schools! USDA LOAN POSSIBLE. One level living with fenced yard. Open Floor plan with beautiful updated kitchen with cermamic tile floors. Stainless steel range and range hood. Oak cabinets. Oversized Breakfast/dining bar. Great Room is large 20' x 16' with brick fireplace. Level fenced backyard with patio. Storage shed to keep all your outdoor toys and equipment.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,138

Year Built

  • Built in 1985

Lot Details

  • 0.4 Acre Lot
  • Property fronts an interstate
  • Lot Has A Rolling Slope
  • Possible uses of the property include Gardening

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,395 Sq Ft Home
  • Great Room with Fireplace
  • Crawl Space

Kitchen

  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • Community Well

Community Details

  • Old Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 247

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,138

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1985
  • Inclusions: Building
  • Road Frontage Type: Interstate
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: 12

Interior Features

  • Foundation Details: Crawl Space
  • Interior Amenities: Walk-In Closet(s)
  • Sq Ft Unheated Basement: 0
  • Possible Use: Gardening
  • Appliances: Dishwasher, Exhaust Hood
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Living Area: 1395
  • Room Count: 6

Exterior Features

  • Roof: Composition
  • Road Frontage: 100
  • Construction Type: Concrete Block, Vinyl, Other - See Remarks
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Garage Yn: No

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer, None
  • Cooling: Heat Pump
  • Water Source: Community Well, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Southeast

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Area: 0.4
  • Lot Size Units: Acres
  • Parcel Number: 247
  • Lot Size Acres: 0.4
  • Lot Size Sq Ft: 17424
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Faith
  • High School: Jesse Carson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2014
Closed on
Jun 16, 2016
Sold by
Combs Bradley W and Combs Megan A
Bought by
Culp Susan C and Culp Robert K
List Price
$112,000
Sold Price
$100,000
Premium/Discount to List
-$12,000
-10.71%
Current Estimated Value
$241,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,002
Avg. Annual Appreciation
9.89%
Original Mortgage
$98,188
Outstanding Balance
$78,602
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$162,400

Purchase Details

Closed on
Nov 17, 2011
Sold by
Scearce Melissa Pederson and Scearce Blake Hampton
Bought by
Combs Bradley W and Combs Megan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,999
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Pederson Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,640
Interest Rate
5.15%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 13, 2009
Sold by
Deal Jamey S and Deal Sandy M
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Aug 31, 2004
Sold by
Lassiter Jeffrey S and Lassiter Emily K
Bought by
Deal Jamey S and Deal Sandy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,746
Interest Rate
5.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Culp Susan C $100,000 None Available
Combs Bradley W $98,000 None Available
Pederson Melissa -- None Available
Secretary Of Housing & Urban Development $113,467 None Available
Deal Jamey S $113,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Culp Susan C $98,188
Previous Owner Combs Bradley W $99,999
Previous Owner Pederson Melissa $75,640
Previous Owner Deal Jamey S $111,746
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2016 09/15/16 Off Market $100,000 -- --
06/17/2016 06/17/16 Sold $100,000 -10.7% $72 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
01/27/2014 01/27/14 For Sale $112,000 -- $80 / 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 $1,138 $169,777 $30,000 $139,777
2024 $1,138 $169,777 $30,000 $139,777
2023 $1,138 $169,777 $30,000 $139,777
2022 $842 $112,624 $26,500 $86,124
2021 $833 $112,624 $26,500 $86,124
2020 $842 $112,624 $26,500 $86,124
2019 $833 $112,624 $26,500 $86,124
2018 $756 $103,683 $26,500 $77,183
2017 $698 $95,713 $26,500 $69,213
2016 $698 $95,713 $26,500 $69,213
2015 $708 $95,713 $26,500 $69,213
2014 $718 $98,744 $26,500 $72,244
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R55999

Canopy MLS (Canopy Realtor® Association)

APN: 412-B247