NOT LISTED FOR SALE

1316 Timber Spring Ln Unit NULL Salisbury, NC 28147

Estimated Value: $396,000 - $460,000

0.5 Acre
$844,782 Price per Acre
21,780 Sq Ft Lot

Last Sold June 04, 2012

Last sale price $175,200

Est. 141% increase in value since last sale

Current estimated payment $2,516/month

1,143 Days on Market

Highlights

  • Elevator
  • 2 Car Garage
  • Open Lot

About This Lot

As of June 2012

This home is located at 1316 Timber Spring Ln Unit NULL, Salisbury, NC 28147 since 19 March 2009 and is currently estimated at $422,391. 1316 Timber Spring Ln Unit NULL is a home located in Rowan County with nearby schools including Millbridge Elementary School, Southeast Middle School, and West Rowan High School.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,197

Lot Details

  • Lot Dimensions are 115x190x115x190
  • Open Lot
  • Possible uses of the property include Residential

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Metal Siding

Schools

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

Community Details

  • Country Manor Estates Subdivision
  • Elevator

Listing and Financial Details

  • Assessor Parcel Number 053

Property Details

Property Type

Land

Est. Annual Taxes

$2,197

Lot Details

0

Parking

2

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Restrictions: Other - See Remarks
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Foundation Details: Other - See Remarks
  • Possible Use: Residential
  • Room Count: 0

Exterior Features

  • Road Frontage: 115
  • Construction Type: Brick Partial, Metal

Garage/Parking

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

Utilities

  • Heating: None
  • Green Building Features: Elevator
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Southeast

Lot Info

  • Lot Features: Open Lot
  • Parcel Number: 053
  • Zoning: SFR
  • Lot Size: 115x190x115x190

MLS Schools

  • Elementary School: Millbridge
  • High School: West Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2020
Sold by
Brown Jeremy Eric and Brown Allysha Pratt
Bought by
Smith Davis Margaret D and Davis Alvin
Current Estimated Value
$422,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
2.8%
Mortgage Type
New Conventional

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

Listed on
Mar 19, 2009
Closed on
Jun 1, 2012
Sold by
Built Green Inc
Bought by
Whilhelm Jeffrey Todd
List Price
$34,000
Sold Price
$175,200
Premium/Discount to List
$141,200
415.29%

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:

Collateral Analytics

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ICE

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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
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 $259,200
Closed Smith Davis Margaret D $212,000
Previous Owner Brown Jeremy Eric $235,554
Previous Owner Wilhelm Jeffrey Todd $157,000
Previous Owner Whilhelm Jeffrey Todd $169,068
Previous Owner Built Green Inc $1,413,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2012 09/02/12 Off Market $175,200 -- --
06/04/2012 06/04/12 Sold $175,200 +415.3% --
05/05/2012 05/05/12 Pending -- -- --
03/19/2009 03/19/09 For Sale $34,000 -- --
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
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

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R48304

Canopy MLS (Canopy Realtor® Association)

APN: 207-C053