NOT LISTED FOR SALE

1316 Timber Spring Ln Unit 32 Salisbury, NC 28147

Estimated Value: $380,000 - $455,000

4 Beds
2.5 Baths
2,072 Sq Ft
$202/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $265,000 $128 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,397/month

41 Days on Market

Highlights

  • Transitional Architecture
  • Tray Ceiling
  • Shed
  • Attached Garage
  • Walk-In Closet
  • Tile Flooring

About This Home

As of October 2020

Beautiful home that has been lovingly maintained on .5 acre lot. NO HOA FEES in this small neighborhood with one road in and cul de sac. Lovely entry hall. Very nice kitchen with tile backsplash, island and cabinets have granite countertops and additional breakfast area. Separate dining room. Kitchen opens up to a spacious living room with propane gas log fireplace. Propane tank remains with the property. Wonderful view from the living room into the back yard with fire pit and covered porch, great for relaxing or entertaining. Master bedroom on 1st floor with large bath, double vanities and walk in closet. 3 large bedrooms upstairs and a full bath. Attic has large floored area for storage. Lots of storage throughout home. Laundry room on main floor. 2 car garage has beautifully finished floor. Storage shed. Road is not state maintained. Home will be professionally measure on 8/27/20 and updated in mls.

Last Agent to Sell the Property

Robbie Bentley

Bentley Realty License #114546 Listed on: 08/25/2020

Last Buyer's Agent

Judy Osborne

Osborne Realty, Inc. License #167276

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2012

Lot Details

  • 0.5

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Kitchen Island

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Shed
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 207C053

Home Details

Home Type

Single Family

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.91411
  • Ratio Close Price By Original Li: 0.88363
  • Ratio Current Price By Acre: 530000.00
  • Ratio Current Price By Sq Ft: 127.90
  • Year Built: 2012
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 791
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Electric Dryer Hookup, Microwave, Propane, Refrigerator
  • Fireplace Description: Gas Logs, Living Room, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile
  • Interior Amenities: Kitchen Island, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1281
  • Total Sq Ft: 2072

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Satellite Internet Available, Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

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

Schools

  • Elementary School: Millbridge
  • Middle School: Southeast
  • High School: West Rowan

Lot Info

  • Lot Dimension: 115x189x115x189
  • Lot Size Area: 0.500
  • Parcel Number: 207C053
  • Zoning Specification: RA

Tax Info

  • Tax Value: 200465.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Oct 22, 2020
Sold by
Brown Jeremy Eric and Brown Allysha Pratt
Bought by
Smith Davis Margaret D and Davis Alvin
Seller's Agent
Robbie Bentley
Bentley Realty
Buyer's Agent
Judy Osborne
Osborne Realty, Inc.
List Price
$299,900
Sold Price
$265,000
Premium/Discount to List
-$34,900
-11.64%
Current Estimated Value
$418,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,671
Avg. Annual Appreciation
9.58%
Original Mortgage
$212,000
Outstanding Balance
$188,219
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$230,452

Purchase Details

Closed on
Feb 28, 2019
Sold by
Wilhelm Jeffrey T and Wilhelm Mary R
Bought by
Brown Jeremy Eric and Brown Allysha Pratt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,554
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 2012
Sold by
Built Green Inc
Bought by
Whilhelm Jeffrey Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,068
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 22, 2012
Sold by
Maready Clayton D and Maready Tiffany D
Bought by
Built Green Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,413,000
Interest Rate
3.89%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 2006
Sold by
C H E Enterprises Inc
Bought by
Maready Clayton D
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 Davis Margaret D $265,000 None Available
Brown Jeremy Eric $240,000 None Available
Whilhelm Jeffrey Todd $175,500 None Available
Built Green Inc -- None Available
Maready Clayton D $23,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Davis Margaret D $212,000
Previous Owner Brown Jeremy Eric $235,554
Previous Owner Whilhelm Jeffrey Todd $169,068
Previous Owner Built Green Inc $1,413,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2020 10/22/20 Sold $265,000 -8.6% $128 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/08/2020 09/08/20 Price Changed $289,900 -3.3% $140 / Sq Ft
08/25/2020 08/25/20 For Sale $299,900 -- $145 / 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 $2,197 $324,336 $35,000 $289,336
2024 $2,197 $324,336 $35,000 $289,336
2023 $2,197 $324,336 $35,000 $289,336
2022 $1,514 $200,465 $25,000 $175,465
2021 $1,498 $200,465 $25,000 $175,465
2020 $1,498 $200,465 $25,000 $175,465
2019 $1,498 $200,465 $25,000 $175,465
2018 $1,308 $176,501 $25,000 $151,501
2017 $1,308 $176,501 $25,000 $151,501
2016 $1,308 $176,501 $25,000 $151,501
2015 $1,324 $176,501 $25,000 $151,501
2014 $1,253 $175,301 $25,000 $150,301
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3655569

Canopy MLS (Canopy Realtor® Association)

APN: 207-C053