NOT LISTED FOR SALE

1227 Gracebrook Dr Salisbury, NC 28147

Estimated Value: $354,000 - $392,197

3 Beds
2 Baths
1,742 Sq Ft
$217/Sq Ft Est. Value

Last Sold June 07, 2013

Last sale price $152,000 $87 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $2,294/month

78 Days on Market

Highlights

  • Cathedral Ceiling
  • Front Porch
  • 2 Car Garage
  • Elevator
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of June 2013

This light and bright home offers a split floor plan, Wood look laminate floor coverings throughout and very well maintained. Home sits on .70 acres level lot. Neighborhood offers Club house with swimming pool, basketball court and baseball diamond. Old Republic Home Warranty for one year offered on this property.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,226

Year Built

  • Built in 1999

Lot Details

  • 0.7 Acre Lot
  • Property fronts an interstate
  • Level Lot
  • Possible uses of the property include Gardening

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,742 Sq Ft Home
  • Cathedral Ceiling
  • Crawl Space

Kitchen

  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 002

Community Details

Overview

  • Grace Ridge HOA George Krause 704 640 4660 Association
  • Grace Ridge Subdivision

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,226

Year Built

Built in 1999

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1999
  • Inclusions: Building
  • Restrictions: Other - See Remarks
  • Road Frontage Type: Interstate 1 mile or Less, Interstate
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: 12

Interior Features

  • Foundation Details: Crawl Space
  • Interior Amenities: Cathedral Ceiling(s)
  • Sq Ft Unheated Basement: 0
  • Possible Use: Gardening
  • Appliances: Dishwasher, Exhaust Hood, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Living Area: 1742
  • Room Count: 7

Exterior Features

  • Roof: Composition
  • Road Frontage: 158
  • Construction Type: Concrete Block, Vinyl, Other - See Remarks
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Private Sewer, Public Sewer, Septic Installed
  • Green Building Features: Elevator
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 280
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Association Name: Grace Ridge HOA - George Krause - 704-640-4660
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Southeast

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.7
  • Lot Size Units: Acres
  • Parcel Number: 002
  • Zoning: RES
  • Lot Size Acres: 0.7
  • Lot Size Sq Ft: 30492
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Knollwood
  • High School: Jesse Carson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2013
Closed on
Jun 7, 2013
Sold by
Wilkins Fitcher Wellons and Wilkins Kimberly A
Bought by
Preslar Edward Michael
List Price
$160,000
Sold Price
$152,000
Premium/Discount to List
-$8,000
-5%
Current Estimated Value
$382,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,663
Avg. Annual Appreciation
7.79%
Original Mortgage
$149,246
Outstanding Balance
$105,386
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$273,413
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
Preslar Edward Michael $152,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preslar Edward Michael $50,000
Closed Preslar Edward Michael $14,500
Open Preslar Edward Michael $149,246
Previous Owner Wilkins Kimberly A $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2013 09/08/13 Off Market $152,000 -- --
06/07/2013 06/07/13 Sold $152,000 -5.0% $87 / Sq Ft
05/07/2013 05/07/13 Pending -- -- --
02/18/2013 02/18/13 For Sale $160,000 -- $92 / 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 $2,226 $328,581 $37,500 $291,081
2024 $2,226 $328,581 $37,500 $291,081
2023 $2,226 $328,581 $37,500 $291,081
2022 $1,640 $217,176 $32,000 $185,176
2021 $1,623 $217,176 $32,000 $185,176
2020 $1,623 $217,176 $32,000 $185,176
2019 $1,623 $217,176 $32,000 $185,176
2018 $1,261 $170,066 $28,500 $141,566
2017 $1,261 $170,066 $28,500 $141,566
2016 $1,261 $170,066 $28,500 $141,566
2015 $1,275 $170,066 $28,500 $141,566
2014 $1,060 $148,222 $28,500 $119,722
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R54668

Canopy MLS (Canopy Realtor® Association)

APN: 479-E002