NOT LISTED FOR SALE

1242 Gracebrook Dr Salisbury, NC 28147

Estimated Value: $371,000 - $385,000

3 Beds
2.5 Baths
1,714 Sq Ft
$222/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $339,000 $198 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,206/month

152 Days on Market

Highlights

  • Whirlpool in Pool
  • Deck
  • Enclosed Patio or Porch
  • Clubhouse
  • Indoor Game Court
  • Attached Garage

About This Home

As of March 2023

WELCOME HOME TO THE COVETED GRACE RIDGE NEIGHBORHOOD. THIS HOME HAS BEEN LOVINGLY MAINTAINED. NEW UPSTAIRS AC AND EVAPORATOR COIL. NEW LUXARY VINYL PLANK FLOORS, PAINT, AND FIXTURES THROUGHOUT HOME. TERMITE BOND IN PLACE WITH ARROW EXT. NEWER ROOF AND WATER HEATER. CLEAN UPDATED CRAWL WITH VAPOR BARRIER. SEPTIC PUMPED/INSPECTED 1/26/23. BARN DOOR TO DINING AREA. ALL BRICK FRONT PORCH FLOOR ON SERENE, QUIET CUL-DE-SAC STREET BESIDE NEIGHBORHOOD WALKING TRAIL. BACK YARD FENCED WITH LINED TREES. FIRE PIT AREA WITH SAND FOR FUN OUTDOOR LIVING. UPDATED GARAGE WITH RECESSED LIGHTING AND 72" SLINGER V2 FAN. MASSIVE MASTER BEDROOM WITH TRAY CEILING. EXCELLENT LOCATION MINUTES FROM HWY 85- EASY COMMUTE TO CHARLOTTE. AMENITIES GALORE WITH LOW HOA. NO CITY TAXES. CLUB HOUSE WITH PLAYGROUND, BALL FIELD, BASKETBALL COURT, AND SALT WATER-OUTDOOR POOL. ALL APPLIANCES IN KITCHEN CONVEY. REFRIGERATOR IN GARAGE, SWING, 2 TV MOUNTS DO NOT CONVEY.

Last Agent to Sell the Property

Catherine Miller

Call It Closed International Inc License #286355 Listed on: 09/03/2022

Last Buyer's Agent

TJ Norris

Local R.E. Inc. License #132474

Local R.E. Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,894

Year Built

  • Built in 1998

Lot Details

  • 0.75 Acre Lot
  • Fenced
  • Level Lot

HOA Fees

  • $31 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Whirlpool in Pool
  • Deck
  • Enclosed Patio or Porch
  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 479E015

Community Details

Overview

  • Red Rock Management Association, Phone Number (888) 757-3376
  • Grace Ridge Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Indoor Game Court
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,894

Year Built

Built in 1998

Lot Details

0

HOA Fees

$31 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1998
  • Restrictions: Architectural Review,Deed,Subdivision,Use
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 197.78
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Vinyl
  • Interior Amenities: Cable Prewire, Pantry, Tray Ceiling(s), Walk-In Closet(s), Whirlpool
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 861
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 853
  • Appliances: Dishwasher, Disposal, Electric Oven, Gas Water Heater, Microwave
  • Above Grade Finished Sq Ft: 1714
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Fire Pit, Living Room
  • Living Area: 1714
  • Window Features: Insulated Window(s)
  • Bedroom Main: 0
  • Room Count: 9
  • Sq Ft Other: 319

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced
  • Exclusions: Porch swing
  • Construction Type: Vinyl
  • Patio And Porch Features: Deck, Enclosed, Front Porch, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 532
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Septic Installed
  • Laundry Features: Upper Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Gas
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Game Court, Outdoor Pool, Playground, Street Lights, Walking Trails, Other
  • Association Fee: 93
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Red Rock Management
  • Phone: 888-757-3376
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly
  • Association Email: support@gowithredrock.com

Association/Amenities

  • Association Annual Expense: 372.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.75
  • Lot Size Units: Acres
  • Parcel Number: 479E015
  • Development Status: Completed
  • Lot Size Acres: 0.75
  • Lot Size Sq Ft: 32670
  • ResoLotSizeUnits: Acres
  • Zoning Specification: SFR

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2022
Closed on
Mar 15, 2023
Sold by
Miller Richard William and Miller Catherine P
Bought by
Barrett Jessica and Barrett Ryan
Seller's Agent
Catherine Miller
Call It Closed International Inc
Buyer's Agent
TJ Norris
Local R.E. Inc.
List Price
$349,000
Sold Price
$339,000
Premium/Discount to List
-$10,000
-2.87%
Views
51
Current Estimated Value
$380,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,004
Avg. Annual Appreciation
4.35%
Original Mortgage
$271,200
Outstanding Balance
$264,146
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$111,478

Purchase Details

Closed on
Aug 17, 2020
Sold by
Mcmullen Zackary D and Bare Harley D
Bought by
Miller Richard William and Miller Catherine P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 13, 2017
Closed on
Nov 18, 2017
Sold by
Ridenhour Dfavid and Ridenhour Audrey
Bought by
Mcmullen Zackary D and Bare Harley D
Seller's Agent
Lindsey Rusher
Key Real Estate
Buyer's Agent
Tammy Fox
Lantern Realty & Development, LLC
List Price
$179,000
Sold Price
$177,000
Premium/Discount to List
-$2,000
-1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
Original Mortgage
$172,893
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 8, 2010
Sold by
Homesales Inc
Bought by
Federal Home Loan Mortgage Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,206
Interest Rate
4.52%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ridenhour David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,206
Interest Rate
4.52%
Mortgage Type
FHA

Purchase Details

Closed on
May 26, 2010
Sold by
Ballard James M and Ballard Angela M
Bought by
Reo Vesting Homesales Inc
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
Barrett Jessica $339,000 --
Miller Richard William $235,000 None Available
Mcmullen Zackary D $177,000 None Available
Federal Home Loan Mortgage Corp -- None Available
Ridenhour David -- None Available
Reo Vesting Homesales Inc $119,922 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrett Jessica $271,200
Previous Owner Miller Richard William $0
Previous Owner Miller Richard William $50,000
Previous Owner Miller Richard William $22,777
Previous Owner Miller Richard William $223,250
Previous Owner Mcmullen Zackary D $172,893
Previous Owner Ridenhour David $133,206
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $339,000 0.0% $198 / Sq Ft
02/01/2023 02/01/23 Price Changed $339,000 -2.9% $198 / Sq Ft
12/23/2022 12/23/22 For Sale $349,000 +2.9% $204 / Sq Ft
09/03/2022 09/03/22 Off Market $339,000 -- --
09/03/2022 09/03/22 For Sale $375,000 +111.9% $219 / Sq Ft
11/30/2017 11/30/17 Sold $177,000 -1.1% $103 / Sq Ft
11/13/2017 11/13/17 Pending -- -- --
11/13/2017 11/13/17 For Sale $179,000 -- $104 / 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 $1,894 $279,524 $37,500 $242,024
2024 $1,894 $279,524 $37,500 $242,024
2023 $1,894 $279,524 $37,500 $242,024
2022 $1,407 $186,332 $32,000 $154,332
2021 $1,393 $186,332 $32,000 $154,332
2020 $1,393 $186,332 $32,000 $154,332
2019 $1,393 $186,332 $32,000 $154,332
2018 $1,127 $151,996 $28,500 $123,496
2017 $1,127 $151,996 $28,500 $123,496
2016 $1,127 $151,996 $28,500 $123,496
2015 $1,140 $151,996 $28,500 $123,496
2014 $1,067 $149,188 $28,500 $120,688
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3901509

Canopy MLS (Canopy Realtor® Association)

APN: 479-E015