NOT LISTED FOR SALE

1230 Faith Mountain Trail Salisbury, NC 28146

Estimated Value: $336,000 - $381,000

3 Beds
2.5 Baths
1,972 Sq Ft
$185/Sq Ft Est. Value

Last Sold January 15, 2020

Last sale price $220,000 $112 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,133/month

51 Days on Market

Highlights

  • Wood Flooring
  • Attached Garage
  • Garden Bath
  • Corner Lot
  • Shed
  • Gas Log Fireplace

About This Home

As of January 2020

This beautiful two story brick home is within walking distance of downtown Faith.The community of Faith is well known for its 4th of July celebrations..(The Best in NC). This is a must see! This home features a large front yard and fenced in back yard, a large two bay building for extra parking or a work shop and the sun room on the back of the home is perfect for sitting and enjoying our beautiful seasons.The home also has a large generator attached to never go without power.

Last Agent to Sell the Property

Cathy Hager

Lantern Realty & Development, LLC License #294095 Listed on: 10/19/2019

Lantern Realty & Development, LLC

Last Buyer's Agent

Lisa Revis

Southern Charm Realty Inc License #255873

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • Corner Lot
  • Level Lot

Interior Spaces

  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Garden Bath

Parking

  • Attached Garage
  • Gravel Driveway

Additional Features

  • Shed
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 353148

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.95694
  • Ratio Close Price By Original Li: 0.93617
  • Ratio Current Price By Acre: 149659.86
  • Ratio Current Price By Sq Ft: 111.56
  • Year Built: 1990
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 858
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Dishwasher, Generator
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub
  • Laundry Location: Main, Kitchen
  • Room Count: 2
  • Main Level Sq Ft: 1114
  • Total Sq Ft: 1972
  • Sq Ft Unheated Main: 600
  • Sq Ft Unheated Total: 600

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Shed(s)

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Parking Space - 4+

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: County Water
  • Water Heater: Electric

Schools

  • Elementary School: Faith
  • Middle School: Clyde A Erwin
  • High School: East Rowan

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Size Area: 1.470
  • Parcel Number: 353148
  • Zoning Specification: res

Tax Info

  • Tax Value: 174563.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2019
Closed on
Jan 15, 2020
Sold by
Prater Jonathan S and Prater Stacey L
Bought by
Smith Charles and Smith Christina H
Seller's Agent
Cathy Hager
Lantern Realty & Development, LLC
Buyer's Agent
Lisa Revis
Southern Charm Realty Inc
List Price
$235,000
Sold Price
$220,000
Premium/Discount to List
-$15,000
-6.38%
Current Estimated Value
$364,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,196
Avg. Annual Appreciation
10.01%
Original Mortgage
$213,400
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2005
Sold by
Hsbc Mortgage Service Inc
Bought by
Prater Jonathan S and Prater Stacey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
5.59%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 18, 2005
Sold by
Turner Reese and Turner Wanda
Bought by
Hsbc Mortgage Service Inc and Hfsi
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
Smith Charles $220,000 First American
Prater Jonathan S $135,000 --
Hsbc Mortgage Service Inc $155,572 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Charles $240,000
Closed Smith Charles $213,400
Previous Owner Prater Jonathan S $120,000
Previous Owner Prater Jonathan S $51,333
Previous Owner Prater Jonathan S $128,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2020 01/15/20 Sold $220,000 -4.3% $112 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
11/07/2019 11/07/19 Price Changed $229,900 -2.2% $117 / Sq Ft
10/19/2019 10/19/19 For Sale $235,000 -- $119 / 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 $1,836 $274,051 $36,713 $237,338
2024 $1,836 $274,051 $36,713 $237,338
2023 $1,836 $274,051 $36,713 $237,338
2022 $1,548 $207,044 $27,295 $179,749
2021 $1,548 $207,044 $27,295 $179,749
2020 $1,548 $207,044 $27,295 $179,749
2019 $3,080 $207,044 $27,295 $179,749
2018 $1,272 $174,563 $27,294 $147,269
2017 $1,272 $174,563 $27,294 $147,269
2016 $1,272 $174,563 $27,294 $147,269
2015 $1,292 $174,563 $27,294 $147,269
2014 $1,257 $172,852 $27,294 $145,558
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3560740

Canopy MLS (Canopy Realtor® Association)

APN: 353-148