NOT LISTED FOR SALE

1408 E Colonial Dr Salisbury, NC 28144

Estimated Value: $328,000 - $360,000

4 Beds
2 Baths
2,385 Sq Ft
$143/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $320,000 $134 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,072/month

5 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Attached Garage
  • Wooded Lot
  • Screened Porch
  • Laundry Room

About This Home

As of May 2022

Welcome Home! Stunning full brick ranch with basement. Full of curb appeal! Warm and inviting feel when you enter the front door. Main level features living room with gas fireplace, quaint breakfast area, well designed kitchen with granite countertops, spacious bedrooms, bathroom with dual vanity, hardwood flooring. Finished basement boasts large family room, remodeled bathroom, spacious bedroom, workshop/storage, laundry room. Exit the basement into the charming, screened porch to relax. Enjoy your evenings on the back deck overlooking the serene backyard with plenty of privacy and the beauty of nature all around. Conveniently located to Interstate, shopping, restaurants, medical offices, hospitals and more.

Last Agent to Sell the Property

Tom Bost

B & R Realty License #272146 Listed on: 04/04/2022

Co-Listed By

Lindsay Riggs

B & R Realty License #304888

Last Buyer's Agent

Alicia Vang

Mooresville Realty LLC License #289064

Mooresville Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 90x175x133x177
  • Wooded Lot

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Gas Log Fireplace
  • Living Room with Fireplace
  • Screened Porch

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Deck

Utilities

  • Heat Pump System
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • Milford Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 335091

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0.41 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1964
  • Ratio Current Price By Acre: 727272.73
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Laminate, Tile, Wood
  • Interior Amenities: Basement Shop
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1397
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 439
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 439
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Deck,Screened
  • Appliances: Electric Cooktop, Electric Dryer Hookup, Microwave, Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 988
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 2385
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: Salisbury
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick

Garage/Parking

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

Utilities

  • Heating: Baseboard, Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: In Basement
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Creek Front, Wooded, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 335091
  • Lot Size: 90X175X133X177
  • Zoning Description: R

Tax Info

  • RATIO List Price By Tax Amount: 1.86324

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
Apr 28, 2022
Sold by
Bradford Penley Ross and Penley Elizabeth
Bought by
Yang Houa and Lee Vicki
Seller's Agent
Tom Bost
B & R Realty
Buyer's Agent
Alicia Vang
Mooresville Realty LLC
List Price
$299,000
Sold Price
$320,000
Premium/Discount to List
$21,000
7.02%
Current Estimated Value
$340,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,204
Avg. Annual Appreciation
1.59%
Original Mortgage
$304,000
Outstanding Balance
$284,637
Interest Rate
4.42%
Mortgage Type
Balloon
Estimated Equity
$55,567

Purchase Details

Closed on
Dec 1, 1979
Bought by
Penley Richard G
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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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
Yang Houa $320,000 None Listed On Document
Penley Richard G $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Houa $304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2022 05/05/22 Sold $320,000 +7.0% $134 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $299,000 -- $125 / 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 $3,626 $303,138 $26,775 $276,363
2024 $3,626 $303,138 $26,775 $276,363
2023 $3,626 $303,138 $26,775 $276,363
2022 $2,210 $160,473 $24,312 $136,161
2021 $2,210 $160,473 $24,312 $136,161
2020 $2,210 $160,473 $24,312 $136,161
2019 $2,210 $160,473 $24,312 $136,161
2018 $1,877 $138,150 $24,262 $113,888
2017 $1,867 $138,150 $24,262 $113,888
2016 $1,816 $138,150 $24,262 $113,888
2015 $1,827 $138,150 $24,262 $113,888
2014 $1,864 $142,599 $24,262 $118,337
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3844335

Canopy MLS (Canopy Realtor® Association)

APN: 335-091

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