NOT LISTED FOR SALE

140 Forest Meadow Ln Salisbury, NC 28144

Estimated Value: $220,000 - $314,000

3 Beds
2 Baths
1,289 Sq Ft
$203/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $103,000 $80 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,472/month

54 Days on Market

Highlights

  • Elevator
  • Forced Air Heating and Cooling System
  • Storm Doors
  • Front Porch
  • 2 Car Garage
  • Level Lot

About This Home

As of October 2014

Convenient to Salisbury, Spencer and Mocksville. Bring your family and furniture and move right in! First time buyers, expanding or down sizing! This home has room for anything! Kids, garden, pets, guests, you name it! 3 bedrooms, 2 full baths, ranch style home with great room, kitchen/dining with appliances. Water filtration system. Large level lot, double garage, storage building. located on quiet cul-de-sac street. Priced right at $108,000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,236

Year Built

  • Built in 1998

Lot Details

  • Lot Dimensions are 125x177
  • Property fronts an interstate
  • Level Lot
  • Possible uses of the property include Gardening

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,289 Sq Ft Home
  • Crawl Space
  • Pull Down Stairs to Attic
  • Storm Doors

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Front Porch

Schools

  • North Rowan Elementary And Middle School
  • North Rowan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • Forest Meadow Subdivision
  • Elevator

Listing and Financial Details

  • Assessor Parcel Number 110

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,236

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1998
  • Inclusions: Building
  • Restrictions: No Restrictions,Other - See Remarks
  • Road Frontage Type: Interstate
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Interior Amenities: Attic Stairs Pulldown
  • Sq Ft Unheated Basement: 0
  • Possible Use: Gardening
  • Appliances: Dishwasher, Exhaust Hood, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Living Area: 1289
  • Room Count: 6

Exterior Features

  • Roof: Composition
  • Construction Type: Concrete Block, Vinyl, Other - See Remarks
  • Patio And Porch Features: Front Porch

Garage/Parking

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

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Septic Installed, Other - See Remarks
  • Green Building Features: Elevator
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: North Rowan

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 110
  • Zoning: SFR
  • Lot Size: 125x177
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: North Rowan
  • High School: North Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2014
Closed on
Oct 23, 2014
Sold by
Brandi Terry Lee
Bought by
Nailor Joy and Nailor Gerald
List Price
$108,000
Sold Price
$103,000
Premium/Discount to List
-$5,000
-4.63%
Current Estimated Value
$261,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,082
Avg. Annual Appreciation
8.83%
Original Mortgage
$75,285
Outstanding Balance
$58,118
Interest Rate
4.29%
Mortgage Type
New Conventional
Estimated Equity
$202,964

Purchase Details

Closed on
Mar 28, 2007
Sold by
Bivins Dwayne M and Bivins Elizabeth E
Bought by
Brandi Joseph A and Brandi Lillian D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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
Nailor Joy $103,000 None Available
Brandi Joseph A $117,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nailor Joy $75,285
Previous Owner Brandi Joseph A $40,000
Previous Owner Brandi Joseph A $65,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2015 02/02/15 Off Market $103,000 -- --
10/31/2014 10/31/14 Sold $103,000 -4.6% $80 / Sq Ft
09/30/2014 09/30/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $108,000 -- $84 / 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 $1,236 $184,423 $28,000 $156,423
2024 $1,236 $184,423 $28,000 $156,423
2023 $203 $184,423 $28,000 $156,423
2022 $978 $130,818 $23,000 $107,818
2021 $954 $130,818 $23,000 $107,818
2020 $954 $130,818 $23,000 $107,818
2019 $954 $130,818 $23,000 $107,818
2018 $801 $110,779 $23,000 $87,779
2017 $801 $110,779 $23,000 $87,779
2016 $801 $110,779 $23,000 $87,779
2015 $813 $110,779 $23,000 $87,779
2014 $798 $110,779 $23,000 $87,779
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R56787

Canopy MLS (Canopy Realtor® Association)

APN: 304-110