NOT LISTED FOR SALE

1925 Welch Rd Salisbury, NC 28144

Estimated Value: $193,000 - $260,000

3 Beds
1 Bath
1,420 Sq Ft
$155/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $123,000 $87 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,322/month

6 Days on Market

Highlights

  • Ranch Style House
  • Fireplace
  • 5-minute walk to Foil Tatum Park
  • Wood Flooring
  • Level Lot

About This Home

As of December 2018

Well Maintained home conveniently located in Meadowbrook neighborhood. All appliances convey. Hardwood floors, freshly painted and very clean. Large Deck with kitchen and back yard access. Cozy Screened Porch on side of home. Detached garage/workshop for storage or parking.

Last Agent to Sell the Property

Marie Leonard Hampton

Marie Leonard-Hampton Real Estate Services License #158565 Listed on: 10/31/2018

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House

Interior Spaces

  • 1 Full Bathroom
  • Fireplace
  • Wood Flooring
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 326A038

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.02714
  • Ratio Close Price By Original Li: 1.02714
  • Ratio Current Price By Acre: 492000.00
  • Ratio Current Price By Sq Ft: 86.62
  • Year Built: 1959
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s)
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1420
  • Total Sq Ft: 1420

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 75 x 150
  • Lot Features: Level
  • Lot Size Area: 0.250
  • Parcel Number: 326A038
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 94806.00
  • Tax Location: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2018
Closed on
Dec 7, 2018
Sold by
Spencer Rikki L and Spencer Rebecca P
Bought by
Billingsley Gregory L
Seller's Agent
Marie Leonard Hampton
Marie Leonard-Hampton Real Estate Services
Buyer's Agent
Non Member
Canopy Administration
List Price
$119,750
Sold Price
$123,000
Premium/Discount to List
$3,250
2.71%
Current Estimated Value
$220,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,118
Avg. Annual Appreciation
8.83%
Original Mortgage
$120,772
Outstanding Balance
$107,583
Interest Rate
5.37%
Mortgage Type
FHA
Estimated Equity
$112,535

Purchase Details

Closed on
Jul 15, 2005
Sold by
Scott Martha Elaine Malloy
Bought by
Spencer Rikki L and Spencer Rebecca P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
5.54%
Mortgage Type
Fannie Mae Freddie Mac
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
Billingsley Gregory L $123,000 None Available
Spencer Rikki L $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Billingsley Gregory L $120,772
Previous Owner Spencer Rikki L $70,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2018 12/07/18 Sold $123,000 +2.7% $87 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
10/31/2018 10/31/18 For Sale $119,750 -- $84 / 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 $1,898 $158,737 $30,000 $128,737
2024 $1,898 $158,737 $30,000 $128,737
2023 $1,898 $158,737 $30,000 $128,737
2022 $1,465 $106,387 $22,000 $84,387
2021 $1,465 $106,387 $22,000 $84,387
2020 $1,465 $106,387 $22,000 $84,387
2019 $1,465 $106,387 $22,000 $84,387
2018 $1,308 $94,806 $22,000 $72,806
2017 $1,281 $94,806 $22,000 $72,806
2016 $1,246 $94,806 $22,000 $72,806
2015 $1,254 $94,806 $22,000 $72,806
2014 $1,226 $93,791 $17,422 $76,369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3446610

Canopy MLS (Canopy Realtor® Association)

APN: 326-A03801