NOT LISTED FOR SALE

1404 E Colonial Dr Salisbury, NC 28144

Estimated Value: $391,432

4 Beds
4 Baths
2,102 Sq Ft
$186/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $174,900 $83 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,387/month

532 Days on Market

Highlights

  • 0.44 Acre Lot
  • Covered Patio or Porch
  • Storm Windows
  • Recreation Room with Fireplace
  • Elevator
  • Forced Air Heating and Cooling System

About This Home

As of March 2013

Wonderful brick home boasts professional level botanical gardens throughout the property. Beautifully updated kitchen with delightful custom features, high-end solid surface counters, stainless steel appliances, tin ceiling. Remote control gas log FP's in den and lower level. Partially finished basement has extraordinary storage, shop area, complete kitchen, 1/2 bath, outstanding party area w/ separate hot tub room (hot tub stays). Sunroom with wet bar opens to patio = perfect for grilling out and entertaining. Very private covered front porch is a pleasant place to relax on a warm summer afternoon, as are the many seating areas of the beautiful, private back yard.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,937

Year Built

  • Built in 1966

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 95x149x122x175
  • Property fronts a private road
  • Property fronts an interstate
  • Level Lot
  • Possible uses of the property include Other - See Remarks, Residential

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Metal Siding

Interior Spaces

  • Gas Log Fireplace
  • Insulated Windows
  • Den with Fireplace
  • Recreation Room with Fireplace
  • Partially Finished Basement

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Covered Patio or Porch

Schools

  • Isenberg Elementary School
  • Knox Middle School
  • Salisbury High School

Utilities

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

Community Details

  • Milford Hills Subdivision
  • Elevator

Listing and Financial Details

  • Assessor Parcel Number 094

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,937

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1966
  • Inclusions: Building
  • Restrictions: Other - See Remarks
  • Road Frontage Type: Interstate 1 mile or Less, Interstate, Private Road
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 349.80
  • Special Features: 12

Interior Features

  • Foundation Details: Basement
  • Sq Ft Unheated Basement: 1379
  • Possible Use: Other - See Remarks, Residential
  • Appliances: Dishwasher, Exhaust Hood, Microwave, Refrigerator
  • Has Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 500
  • Door Features: Storm Door(s)
  • Fireplace Features: Den, Gas Log, Recreation Room
  • Living Area: 2102
  • Window Features: Insulated Window(s), Storm Window(s)

Exterior Features

  • Roof: Composition
  • Road Frontage: 95
  • Construction Type: Brick Partial, Metal, Other - See Remarks
  • Patio And Porch Features: Covered, Front Porch, Patio

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Knox

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 094
  • Lot Size Acres: 0.44
  • Lot Size: 95x149x122x175
  • Lot Size Sq Ft: 19166
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Isenberg
  • High School: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2011
Closed on
Mar 15, 2013
Sold by
Winters Allen L
Bought by
Connell Christopher J and Connell Molly S
List Price
$219,900
Sold Price
$174,900
Premium/Discount to List
-$45,000
-20.46%
Current Estimated Value
$391,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,532
Avg. Annual Appreciation
6.59%
Original Mortgage
$171,731
Outstanding Balance
$120,248
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$271,184
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
Connell Christopher J $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connell Christopher J $171,731
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2013 06/13/13 Off Market $174,900 -- --
03/15/2013 03/15/13 Sold $174,900 -20.5% $83 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
08/01/2011 08/01/11 For Sale $219,900 -- $105 / 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 $3,937 $329,178 $27,542 $301,636
2024 $3,937 $329,178 $27,542 $301,636
2023 $3,937 $329,178 $27,542 $301,636
2022 $2,963 $215,188 $25,008 $190,180
2021 $2,963 $215,188 $25,008 $190,180
2020 $2,963 $215,188 $25,008 $190,180
2019 $2,963 $215,188 $25,008 $190,180
2018 $2,468 $181,658 $24,958 $156,700
2017 $2,455 $181,658 $24,958 $156,700
2016 $2,388 $181,658 $24,958 $156,700
2015 $2,402 $181,658 $24,958 $156,700
2014 $2,325 $177,939 $24,958 $152,981
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R52579

Canopy MLS (Canopy Realtor® Association)

APN: 335-094