NOT LISTED FOR SALE

1320 Richard Rd Salisbury, NC 28147

Estimated Value: $359,587 - $443,000

4 Beds
2.5 Baths
1,850 Sq Ft
$209/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $300,000 $162 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,192/month

70 Days on Market

Highlights

  • Deck
  • Laundry Room
  • Kitchen Island
  • Attached Garage
  • Shed
  • Ceiling Fan

About This Home

As of September 2022

*** PRICE IMPROVEMENT & $3,000 Flooring Allowance *** 4 Bedroom 2.5 Bathroom All Brick Ranch HOME on 1.5 flat acres in West Rowan with 2 car garage & storage shed. Owners were avid gardeners with fruits of their labor visible throughout with mature landscaping including nice rose garden & rich soil beds. In quiet neighborhood with great neighbors. Flexible floor plan with open kitchen, solid oak cabinets, & nice appliances including almost new refrigerator . Living room has masonry fireplace. Master bathroom has easy walk in shower. Large rear deck overlooks private huge rear yard. *Island in kitchen can easily be used as a table or easily removed. Schools are: brand new West Rowan Elementary, West Rowan Middle, & West Rowan High School. Completely cleaned & move in ready or make it your own! Oversized garage has storage nook & storage shed has 285 ft2 for additional storage. Rural living & low taxes.

Last Agent to Sell the Property

Keith Knight

Wallace Realty License #200248 Listed on: 07/01/2022

Last Buyer's Agent

Julia Savage

Redfin Corporation License #309856

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • Level Lot
  • Cleared Lot
  • Property is zoned RA, Rural Ag

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,850 Sq Ft Home
  • Ceiling Fan
  • Great Room with Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Range Hood
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Shed
  • Outbuilding

Schools

  • West Rowan Elementary And Middle School
  • West Rowan High School

Utilities

  • Heat Pump System
  • Septic Tank

Community Details

  • Spring Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 750037

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1990
  • Ratio Current Price By Acre: 202702.70
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 162.16
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum
  • Interior Amenities: Kitchen Island
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1850
  • 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: 0
  • Porch: Deck
  • Appliances: Ceiling Fan(s), Dishwasher, Exhaust Hood, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Living Area: 1850
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Outbuilding(s), Shed(s)
  • New Construction: No
  • Roof: Fiberglass
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Schools

  • Middle Or Junior School: West Rowan
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Level
  • Lot Size Units: Acres
  • Parcel Number: 750037
  • Plat Reference Section Pages: 247
  • Zoning Description: Rural Ag
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.60881

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: West Rowan
  • High School: West Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Aug 24, 2022
Sold by
Townsend Paul Keith and Townsend Karen Feimster
Bought by
Billingsley Justin and Billingsley Katie
Seller's Agent
Keith Knight
Wallace Realty
Buyer's Agent
Julia Savage
Redfin Corporation
List Price
$321,777
Sold Price
$300,000
Premium/Discount to List
-$21,777
-6.77%
Views
35
Current Estimated Value
$386,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,897
Avg. Annual Appreciation
7.89%
Original Mortgage
$294,566
Outstanding Balance
$281,143
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$105,754

Purchase Details

Closed on
Jul 30, 2010
Sold by
Shoaf Ellen M
Bought by
Shoaf Grady Ned

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
4.74%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Billingsley Justin $300,000 Chicago Title
Shoaf Grady Ned -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Billingsley Justin $294,566
Previous Owner Shoaf Grady Ned $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2022 09/09/22 Sold $300,000 -4.7% $162 / Sq Ft
07/23/2022 07/23/22 Price Changed $314,777 -2.0% $170 / Sq Ft
07/14/2022 07/14/22 Price Changed $321,277 -0.2% $174 / Sq Ft
07/01/2022 07/01/22 For Sale $321,777 -- $174 / 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 $2,029 $299,442 $32,000 $267,442
2024 $2,029 $299,442 $32,000 $267,442
2023 $2,029 $299,442 $32,000 $267,442
2022 $1,477 $195,658 $32,000 $163,658
2021 $1,463 $195,658 $32,000 $163,658
2020 $1,463 $195,658 $32,000 $163,658
2019 $1,463 $195,658 $32,000 $163,658
2018 $1,228 $165,662 $32,000 $133,662
2017 $1,228 $165,662 $32,000 $133,662
2016 $1,228 $165,662 $32,000 $133,662
2015 $1,242 $165,662 $32,000 $133,662
2014 $1,175 $164,294 $32,000 $132,294
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3870693

Canopy MLS (Canopy Realtor® Association)

APN: 750-037