NOT LISTED FOR SALE

1550 W Colonial Dr Salisbury, NC 28144

Estimated Value: $265,000 - $279,000

3 Beds
2 Baths
1,560 Sq Ft
$174/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $279,000 $179 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,642/month

20 Days on Market

Highlights

  • Laundry Room
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of October 2023

Beautiful move in ready ranch home with large yard! New flooring, new granite, new appliances, and freshly painted. Nothing to do with the beauty but move in... Home is in fantastic shape and is great sq footage for the money!

Last Agent to Sell the Property

Olivia Beasley

Pinnacle Real Estate Group Brokerage Email: olivia@pinnaclecarolinas.com License #247689 Listed on: 08/22/2023

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,534

Year Built

  • Built in 1961

Lot Details

  • 0.34

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 331117

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,534

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1961
  • Road Surface Type: Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 178.85
  • Geocode Confidence: Medium
  • Attribution Contact: olivia@pinnaclecarolinas.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1560
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher
  • Above Grade Finished Sq Ft: 1560
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1560
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Partial

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 331117
  • ResoLotSizeUnits: Acres
  • Zoning Specification: reside

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2023
Closed on
Oct 9, 2023
Sold by
Hnk Properties Llc
Bought by
Moore Johnnie Love and Moore Sharon Greenwood
Seller's Agent
Olivia Beasley
Pinnacle Real Estate Group
Buyer's Agent
Non Member
Canopy Administration
List Price
$279,000
Sold Price
$279,000
Views
137
Current Estimated Value
$272,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,958
Avg. Annual Appreciation
-1.23%
Original Mortgage
$279,000
Outstanding Balance
$273,420
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
-$1,378

Purchase Details

Closed on
Jun 13, 2023
Sold by
Llg Trustee Llc
Bought by
Hnk Properties Llc

Purchase Details

Listed on
Jul 21, 2017
Closed on
May 25, 2018
Sold by
Wilson Robert J and Wilson Susan L
Bought by
Kale Theodore
Seller's Agent
Cathy Griffin
Century 21 Towne and Country
Buyer's Agent
Tamas Takacs
Ed Price & Associates LLC
List Price
$119,900
Sold Price
$104,000
Premium/Discount to List
-$15,900
-13.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.82%
Original Mortgage
$104,000
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Jun 26, 2000
Bought by
Wilson Robert J and Wilson Wf
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
Moore Johnnie Love $279,000 None Listed On Document
Hnk Properties Llc $130,700 None Listed On Document
Kale Theodore $104,000 None Available
Wilson Robert J $74,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Johnnie Love $279,000
Previous Owner Kale Theodore $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2023 10/12/23 Sold $279,000 0.0% $179 / Sq Ft
08/22/2023 08/22/23 For Sale $279,000 +168.3% $179 / Sq Ft
05/25/2018 05/25/18 Sold $104,000 -13.3% $59 / Sq Ft View Prior Sale
03/29/2018 03/29/18 Pending -- -- --
07/21/2017 07/21/17 For Sale $119,900 -- $69 / 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 $2,534 $211,902 $20,625 $191,277
2024 $2,534 $211,902 $20,625 $191,277
2023 $1,764 $147,451 $20,625 $126,826
2022 $1,693 $122,961 $18,563 $104,398
2021 $1,089 $79,085 $18,563 $60,522
2020 $1,089 $79,085 $18,563 $60,522
2019 $1,538 $111,674 $18,563 $93,111
2018 $1,158 $85,263 $18,562 $66,701
2017 $1,152 $85,263 $18,562 $66,701
2016 $1,121 $85,263 $18,562 $66,701
2015 $1,128 $85,263 $18,562 $66,701
2014 $1,110 $84,914 $14,850 $70,064
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4062567

Canopy MLS (Canopy Realtor® Association)

APN: 331-117