NOT LISTED FOR SALE

188 Fairhaven Dr Salisbury, NC 28146

Estimated Value: $481,126 - $532,000

3 Beds
3.5 Baths
2,274 Sq Ft
$219/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $490,000 $215 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,813/month

10 Days on Market

Highlights

  • New Construction
  • Wooded Lot
  • 2 Car Attached Garage
  • Open Floorplan
  • Covered Patio or Porch
  • Walk-In Closet

About This Home

As of September 2024

Discover the stunning custom home in Palmer Estates, a full brick 1 1/2 story residence featuring 3 bedrooms and 3 1/2 bathrooms, nestled on over an acre backing up to serene woods in a quiet neighborhood. This gorgeous home boasts a spacious open floor plan with luxury vinyl plank flooring in common areas, plush carpeting in the bedrooms, and elegant tile in the bathrooms. The split bedroom design ensures privacy, while the vaulted ceiling in the living room and tray ceilings in the primary bedroom and primary bathroom add a touch of elegance.

The upstairs bonus room is complemented by an adjacent full bathroom and closet, offering extra space and convenience. The septic system is located in the front yard, making it possible to install a pool in the back yard. Located just minutes from I-85, this home offers easy access to nearby amenities and destinations. The septic permit accommodates three bedrooms.

Last Agent to Sell the Property

Nikki Storey

Lantern Realty & Development, LLC Brokerage Email: nikkibstorey@gmail.com License #246490 Listed on: 07/20/2024

Lantern Realty & Development, LLC

Last Buyer's Agent

RUBEN VILLEDA

RCL Real Estate Services Inc License #67120

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Cleared Lot
  • Wooded Lot
  • Property is zoned RA

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Wired For Data
  • Insulated Windows
  • Insulated Doors
  • Family Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Covered Patio or Porch

Schools

  • Rockwell Elementary School
  • C.C. Erwin Middle School
  • East Rowan High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Built by Legendary Construction Group
  • Palmer Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 634A166

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2024
  • Restrictions: Architectural Review,Building,Square Feet,Subdivision
  • Proposed Completion Date: 2024-09-01
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 215.48
  • Geocode Confidence: High
  • Attribution Contact: nikkibstorey@gmail.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub, Kitchen Island, Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1927
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 347
  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Microwave, Wall Oven
  • Other Equipment: Network Ready
  • Above Grade Finished Sq Ft: 2274
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Door(s)
  • Fireplace Features: Family Room
  • Living Area: 2274
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Patio And Porch Features: Covered, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room, Main Level, Sink
  • Cooling: Heat Pump
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: C.C. Erwin
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 634A166
  • Development Status: Proposed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA

Building Info

  • Builder Name: Legendary Construction Group

MLS Schools

  • Elementary School: Rockwell
  • High School: East Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2024
Closed on
Sep 13, 2024
Sold by
Storey Alexandria A and Storey Alexandria E
Bought by
Gomez Melchisedeth Vega and Moreno-Avalos Eva Yudiht
Seller's Agent
Nikki Storey
Lantern Realty & Development, LLC
Buyer's Agent
RUBEN VILLEDA
RCL Real Estate Services Inc
List Price
$489,900
Sold Price
$490,000
Premium/Discount to List
$100
0.02%
Views
14
Current Estimated Value
$498,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,282
Avg. Annual Appreciation
1.22%
Original Mortgage
$392,000
Outstanding Balance
$386,345
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$111,937

Purchase Details

Listed on
Jun 27, 2022
Closed on
Sep 7, 2022
Sold by
Burchette Sonny Ray and Burchette Donna S
Bought by
Storey Eric S and Storey Alexandria E
Seller's Agent
Kay Dover
Dover Realty and Associates, Inc
Buyer's Agent
Nikki Storey
Lantern Realty & Development, LLC
List Price
$39,900
Sold Price
$39,500
Premium/Discount to List
-$400
-1%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
250.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Gomez Melchisedeth Vega $490,000 Atlantic Carolinas Title
Storey Eric S $40,000 None Listed On Document
Storey Eric S $40,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Melchisedeth Vega $392,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2024 09/13/24 Sold $490,000 0.0% $215 / Sq Ft
07/20/2024 07/20/24 For Sale $489,900 +1140.3% $215 / Sq Ft
09/09/2022 09/09/22 Sold $39,500 -1.0% -- View Prior Sale
06/27/2022 06/27/22 For Sale $39,900 -- --
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 $2,679 $399,776 $39,375 $360,401
2024 $1,218 $181,819 $39,375 $142,444
2023 $224 $33,469 $33,469 $0
2022 $230 $30,791 $30,791 $0
2021 $230 $30,791 $30,791 $0
2020 $230 $30,791 $30,791 $0
2019 $230 $30,791 $30,791 $0
2018 $228 $30,791 $30,791 $0
2017 $228 $30,791 $30,791 $0
2016 $228 $30,791 $30,791 $0
2015 $232 $30,791 $30,791 $0
2014 $222 $30,791 $30,791 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4161530

Canopy MLS (Canopy Realtor® Association)

APN: 634-A166