$180,000
SOLD JUL 25, 2024

1638 W Colonial Dr Salisbury, NC 28144

3 Beds
1 Bath
2,125 Sq Ft
0.36 Acres

Recently Sold

$85 Per Sq Ft

10% Below List Price

20 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Covered Patio or Porch
  • Wooded Lot
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of July 2024

Discover Potential on Historic Colonial Drive! Nestled in the heart of Salisbury, NC, this charming 3 beds, 1 bath property awaits your vision and touch. With its classic architecture and prime location, this home presents a unique opportunity for renovation enthusiasts and investors alike. Offering a canvas for creativity, this property beckons with endless possibilities. Bring your TLC and unlock the hidden gem of Colonial Drive. Don't miss your chance to reimagine this space and make it your own. Pool table, personals in the home, and sheds remain but cars do not. Home is being sold "As Is"

Last Agent to Sell the Property

Nancy Braun

Showcase Realty LLC Brokerage Email: nancy@showcaserealty.net License #183393 Listed on: 05/10/2024

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,389

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 73x195x86x196
  • Front Green Space
  • Wooded Lot
  • Property is zoned GR6

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Split Level Home
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Living Room with Fireplace
  • Wood Flooring
  • Laundry Room
  • Partially Finished Basement

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

  • Isenberg Elementary School
  • West Rowan Middle School
  • Salisbury High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 331140

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,389

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1975
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Split Level
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 84.71
  • Geocode Confidence: High
  • Attribution Contact: nancy@showcaserealty.net
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 871
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 627
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Exhaust Hood, Microwave, Plumbed For Ice Maker, Refrigerator
  • Above Grade Finished Sq Ft: 1498
  • Has Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 627
  • Fireplace Features: Living Room
  • Living Area: 2125
  • Bedroom Main: 0
  • Room Count: 9
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Brick Partial
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 586
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: West Rowan
  • HOA Subject To: None

Lot Info

  • Lot Features: Green Area, Wooded
  • Lot Size Area: 0.36
  • Lot Size Units: Acres
  • Parcel Number: 331140
  • Zoning: GR6
  • Development Status: Completed
  • Lot Size: 73x195x86x196
  • ResoLotSizeUnits: Acres
  • Zoning Specification: GR6

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Isenberg
  • High School: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Jul 24, 2024
Sold by
Walters Stacey R
Bought by
J & K Property Investors Llc
Seller's Agent
Nancy Braun
Showcase Realty LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%
Views
477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.38%
Original Mortgage
$283,191
Outstanding Balance
$280,236
Interest Rate
6.86%
Mortgage Type
Construction
Estimated Equity
$11,645
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 Type Sale Price Title Company
Commissioners Deed $180,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $283,191 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 For Sale $299,999 0.0% $159 / Sq Ft
08/06/2025 08/06/25 Pending -- -- --
07/30/2025 07/30/25 For Sale $299,999 0.0% $159 / Sq Ft
07/29/2025 07/29/25 Off Market $299,999 -- --
07/24/2025 07/24/25 Price Changed $299,999 -9.4% $159 / Sq Ft
06/18/2025 06/18/25 For Sale $330,999 0.0% $175 / Sq Ft
05/29/2025 05/29/25 Pending -- -- --
05/01/2025 05/01/25 For Sale $330,999 0.0% $175 / Sq Ft
04/30/2025 04/30/25 Off Market $330,999 -- --
02/19/2025 02/19/25 Price Changed $330,999 -5.4% $175 / Sq Ft
01/20/2025 01/20/25 For Sale $349,999 0.0% $185 / Sq Ft
01/17/2025 01/17/25 Off Market $349,999 -- --
11/07/2024 11/07/24 For Sale $349,999 +94.4% $185 / Sq Ft
07/25/2024 07/25/24 Sold $180,000 -10.0% $85 / Sq Ft
05/10/2024 05/10/24 For Sale $200,000 -- $94 / 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 $2,389 $199,788 $21,450 $178,338
2024 $2,407 $201,239 $21,450 $179,789
2023 $2,407 $201,239 $21,450 $179,789
2022 $2,040 $148,140 $19,305 $128,835
2021 $2,040 $148,140 $19,305 $128,835
2020 $2,040 $148,140 $19,305 $128,835
2019 $2,040 $148,140 $19,305 $128,835
2018 $1,822 $134,073 $19,305 $114,768
2017 $1,812 $134,073 $19,305 $114,768
2016 $1,762 $134,073 $19,305 $114,768
2015 $1,773 $134,073 $19,305 $114,768
2014 $1,780 $136,199 $15,444 $120,755
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4134789

Canopy MLS (Canopy Realtor® Association)

APN: 331-140