NOT LISTED FOR SALE

140 Ole Point Ln Salisbury, NC 28146

Estimated Value: $593,393 - $701,000

2 Beds
1 Bath
915 Sq Ft
$718/Sq Ft Est. Value

Last Sold November 19, 2018

Last sale price $150,000 $164 Per Sq Ft

Est. 338% increase in value since last sale

Current estimated payment $3,683/month

17 Days on Market

Highlights

  • Living Room with Fireplace
  • Wrap Around Porch
  • 1 Detached Carport Space
  • Cathedral Ceiling
  • Storm Windows
  • Lot Has A Rolling Slope

About This Home

As of November 2018

More than 180 degree view of High Rock Lake.... water view from every room. Expansive wrap-around deck overlooks the lake and pier with gazebo. Huge picture windows across the lake side of the great room offer great view from living area, including kitchen. Family lake cottage in the same family for many years. Bathroom accessible from interior hall AND side deck (no swimmers/ boaters tracking up the house). The property suffers from lake erosion and the concrete pad leading to the pier is not safe. For safety sake, STAY OFF THE PIER and the CONCRETE LEADING TO THE PIER! Even with these issues, this property is very desirable and well situated on the lake.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 0.39 Acre Lot
  • Property fronts an interstate
  • Lot Has A Rolling Slope
  • Possible uses of the property include Subdevelopment

Parking

  • 1 Detached Carport Space

Home Design

  • Composition Roof
  • Hardboard

Interior Spaces

  • 915 Sq Ft Home
  • Cathedral Ceiling
  • Window Treatments
  • Living Room with Fireplace
  • Storm Windows
  • Range Hood
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Wrap Around Porch

Schools

  • Dole Elementary School
  • North Rowan Middle School
  • North Rowan High School

Utilities

  • Heat Pump System
  • Septic Tank

Community Details

  • Wildwood Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0.39 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1962
  • Inclusions: Building
  • Road Frontage Type: Interstate
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: 12

Interior Features

  • Foundation Details: Basement
  • Interior Amenities: Cathedral Ceiling(s)
  • Sq Ft Unheated Basement: 0
  • Possible Use: Subdevelopment
  • Appliances: Exhaust Hood, Refrigerator
  • Has Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Living Area: 915
  • Window Features: Storm Window(s), Window Treatments

Exterior Features

  • Roof: Composition
  • Construction Type: Hardboard Siding, Other - See Remarks
  • Patio And Porch Features: Porch, Wrap Around

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Carport

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed, Other - See Remarks
  • Cooling: Heat Pump
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: 0

Schools

  • Middle Or Junior School: North Rowan

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Units: Acres
  • Parcel Number: 020
  • Zoning: RES
  • Lot Size Acres: 0.39
  • Lot Size Sq Ft: 16988
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Dole
  • High School: North Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2020
Sold by
Bonham Beverly A
Bought by
Bonham Beverly A and Hunter David L
Current Estimated Value
$656,798

Purchase Details

Listed on
Oct 19, 2018
Closed on
Nov 19, 2018
Sold by
Helms Sally S
Bought by
Bonham Beverly A
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.63%

Purchase Details

Closed on
Nov 1, 1984
Bought by
Helms Helms J and Helms Wf
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bonham Beverly A -- None Available
Bonham Beverly A $150,000 Chicago Title Insurance Comp
Helms Helms J $48,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2019 02/17/19 Off Market $150,000 -- --
11/19/2018 11/19/18 Sold $150,000 0.0% $164 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
10/19/2018 10/19/18 For Sale $150,000 -- $164 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $3,586 $537,235 $187,500 $349,735
2024 $2,059 $308,397 $187,500 $120,897
2023 $2,059 $308,397 $187,500 $120,897
2022 $1,410 $189,211 $133,500 $55,711
2021 $1,395 $189,211 $133,500 $55,711
2020 $1,395 $189,211 $133,500 $55,711
2019 $1,395 $189,211 $133,500 $55,711
2018 $1,271 $173,741 $116,000 $57,741
2017 $1,271 $173,741 $116,000 $57,741
2016 $1,271 $173,741 $116,000 $57,741
2015 $1,290 $173,741 $116,000 $57,741
2014 $1,278 $177,439 $116,000 $61,439
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R60232

Canopy MLS (Canopy Realtor® Association)

APN: 612-A020

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