NOT LISTED FOR SALE

1450 King Rd Salisbury, NC 28146

Estimated Value: $207,902 - $329,000

2 Beds
1 Bath
1,125 Sq Ft
$224/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $126,000 $112 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,397/month

9 Days on Market

Highlights

  • Open Floorplan
  • Ranch Style House
  • Separate Outdoor Workshop
  • Private Lot
  • Wood Flooring
  • Fire Pit

About This Home

As of February 2019

Quiet country living minutes from High Rock Lake and I-85. Enjoy your evenings by the fire pit surrounded by beautiful woods. Plenty of room to grow and expand on over 1.4 acres. Large, detached, 2 bay garage with power for the weekend projects. Lots of space to park the RV or boat for the weekend fun. Well maintained home has beautiful hard wood floors, huge country kitchen with lots of cabinet space and adjoining laundry area. Two bed/one bath with a potential third bedroom. Large rocking chair front porch with peaceful country views for long afternoon naps. Covered porch on back makes for easy grilling and entertaining. New HVAC unit installed December 2016, oil furnace and window a/c unit still in place as a back up.

Last Agent to Sell the Property

Cindy Herrin

Southern Homes of the Carolinas, Inc License #163438 Listed on: 12/19/2018

Last Buyer's Agent

Gwen Chubirko

Genesis Realty Company License #85449

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • Private Lot
  • Level Lot
  • Open Lot

Parking

  • Workshop in Garage
  • Gravel Driveway

Home Design

  • Ranch Style House

Interior Spaces

  • 1 Full Bathroom
  • Open Floorplan
  • Crawl Space
  • Storm Doors

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Fire Pit
  • Separate Outdoor Workshop

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 638011

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.02439
  • Ratio Close Price By Original Li: 1.02439
  • Ratio Current Price By Acre: 88111.89
  • Ratio Current Price By Sq Ft: 112.00
  • Year Built: 1958
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Block, Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Doors and Windows: Storm Door(s)
  • Equipment: Ceiling Fan(s), Electric Dryer Hookup, Electric Range, Gas Range, Refrigerator, Washer, Electric Oven, Gas Oven
  • Flooring: Vinyl, Wood
  • Interior Amenities: Garage Shop, Open Floorplan
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1125
  • Total Sq Ft: 1125

Exterior Features

  • Construction: Aluminum, Brick Partial, Concrete Block
  • Construction Type: Site Built
  • Exterior Features: Auto Shop, Fire pit, Workshop

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage, Driveway, Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Oil Hot Air, Window Unit
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Lot Features: Level, Open Lot, Paved Frontage, Private, Views
  • Parcel Number: 638011
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 79390.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2018
Closed on
Feb 28, 2019
Sold by
Troutman Darren E
Bought by
Powell Mark and Fleming Powell Cindy
Seller's Agent
Cindy Herrin
Southern Homes of the Carolinas, Inc
Buyer's Agent
Gwen Chubirko
Genesis Realty Company
List Price
$123,000
Sold Price
$126,000
Premium/Discount to List
$3,000
2.44%
Current Estimated Value
$251,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,976
Avg. Annual Appreciation
10.53%
Original Mortgage
$128,709
Outstanding Balance
$113,157
Interest Rate
4.4%
Mortgage Type
VA
Estimated Equity
$138,819

Purchase Details

Listed on
Feb 9, 2017
Closed on
Mar 27, 2017
Sold by
Brown Terry Dean and Brown Helen L
Bought by
Troutman Darren E
List Price
$89,900
Sold Price
$91,000
Premium/Discount to List
$1,100
1.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.58%
Original Mortgage
$91,919
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2016
Sold by
Brown Terry Dean and Brown Helen L
Bought by
Brown Terry Dean and Brown Helen L

Purchase Details

Closed on
Jun 2, 2010
Sold by
Brown Terry Dean and Brown Helen L
Bought by
Brown Terry Dean and Brown Alan D
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
Powell Mark $126,000 None Available
Troutman Darren E $91,000 None Available
Brown Terry Dean -- None Available
Brown Terry Dean -- None Available
Brown Evelyn S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Mark $128,709
Previous Owner Troutman Darren E $91,919
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2019 02/28/19 Sold $126,000 +2.4% $112 / Sq Ft
12/28/2018 12/28/18 Pending -- -- --
12/19/2018 12/19/18 For Sale $123,000 +35.2% $109 / Sq Ft
07/03/2017 07/03/17 Off Market $91,000 -- --
04/03/2017 04/03/17 Sold $91,000 +1.2% $81 / Sq Ft View Prior Sale
02/24/2017 02/24/17 Pending -- -- --
02/09/2017 02/09/17 For Sale $89,900 -- $80 / 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 $1,067 $161,685 $40,612 $121,073
2024 $1,067 $161,685 $40,612 $121,073
2023 $1,067 $161,685 $40,612 $121,073
2022 $686 $92,969 $30,989 $61,980
2021 $661 $92,969 $30,989 $61,980
2020 $661 $92,969 $30,989 $61,980
2019 $629 $88,436 $30,989 $57,447
2018 $560 $79,390 $30,989 $48,401
2017 $573 $81,234 $32,033 $49,201
2016 $573 $81,234 $32,033 $49,201
2015 $315 $81,234 $32,033 $49,201
2014 $316 $83,194 $32,033 $51,161
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3459865

Canopy MLS (Canopy Realtor® Association)

APN: 638-011