NOT LISTED FOR SALE

1500 W Colonial Dr Salisbury, NC 28144

Estimated Value: $238,637 - $299,000

3 Beds
1 Bath
2,300 Sq Ft
$114/Sq Ft Est. Value

Last Sold December 28, 2016

Last sale price $68,500 $30 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $1,549/month

333 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of December 2016

Seller/Agent Make NO Representations. Property Sold AS IS. Special Warranty Deed Conveys. Bank Owned. Buyer MUST verify ALL

Last Agent to Sell the Property

Vivian Wilborne

Howard Hanna Allen Tate High Point License #146840 Listed on: 01/13/2016

Howard Hanna Allen Tate High Point

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,088

Year Built

  • Built in 1982

Lot Details

  • Property is zoned GR6

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,146 Sq Ft Home
  • 1,900-2,300 Sq Ft Home
  • Property has 1 Level
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 331 116

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,088

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: 15246SF
  • Subdivision Name: None
  • Directions: 85 South, Right Jake Alexander Blvd, 3 miles Right Industrial Ave,Left Wilkesboro,Right McCoy,Left Colonial.
  • Above Grade Finished Sq Ft: 2146
  • Architectural Style: Colonial
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1982
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 900 - 1200
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1900 - 2300
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 2146
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Construction Type: Aluminum Siding, Brick, Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 331 116
  • Zoning: GR6
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2019
Sold by
Gracie Propeties Llc
Bought by
Butner Stephen R and Butner Camille N
Current Estimated Value
$261,409

Purchase Details

Listed on
Jan 13, 2016
Closed on
Dec 19, 2016
Sold by
Bank Of North Carolina
Bought by
Gracie Properties Llc
Seller's Agent
Vivian Wilborne
Howard Hanna Allen Tate High Point
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$99,000
Sold Price
$68,500
Premium/Discount to List
-$30,500
-30.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.36%

Purchase Details

Closed on
Oct 23, 2015
Sold by
Wright Properties Of Rowan Llc
Bought by
Bank Of North Carolina

Purchase Details

Closed on
Apr 18, 2007
Sold by
Southard William R and Southard Kristen
Bought by
Wright Properties Of Rowan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 21, 2006
Sold by
Wright Properties Of Rowan Llc
Bought by
Southard William R and Southard Kristen

Purchase Details

Closed on
Dec 28, 2005
Sold by
Suntrust Mortgage Inc
Bought by
Wright Properties Of Rowan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 27, 2005
Sold by
Gardner Ted A
Bought by
Suntrust Bank
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
Butner Stephen R $78,500 None Available
Gracie Properties Llc $68,500 None Available
Bank Of North Carolina $88,329 None Available
Wright Properties Of Rowan Llc $120,000 None Available
Southard William R -- None Available
Wright Properties Of Rowan Llc $105,500 None Available
Suntrust Bank $92,458 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Properties Of Rowan Llc $120,000
Previous Owner Wright Properties Of Rowan Llc $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2016 12/28/16 Sold $68,500 -30.8% $36 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $99,000 -- $52 / Sq Ft
Source: Triad MLS

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 $2,088 $174,559 $24,735 $149,824
2024 $2,088 $174,559 $24,735 $149,824
2023 $2,088 $174,559 $24,735 $149,824
2022 $1,769 $128,437 $22,262 $106,175
2021 $1,769 $128,437 $22,262 $106,175
2020 $1,769 $128,437 $22,262 $106,175
2019 $1,769 $128,437 $22,262 $106,175
2018 $1,509 $111,088 $22,261 $88,827
2017 $1,501 $111,088 $22,261 $88,827
2016 $1,460 $111,088 $22,261 $88,827
2015 $1,469 $111,088 $22,261 $88,827
2014 $1,465 $112,111 $17,809 $94,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 781503

Triad MLS

APN: 331-116