NOT LISTED FOR SALE

1940 E Ridge Rd Salisbury, NC 28144

Estimated Value: $123,000 - $173,000

2 Beds
1 Bath
1,000 Sq Ft
$143/Sq Ft Est. Value

Last Sold May 14, 2019

Last sale price $54,000 $54 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $809/month

2 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Fireplace

About This Home

As of May 2019

Handy Man !!! Have you been looking for a GREAT house to FLIP this one is it!! House has replacement windows, some new wiring, gas heat & lots of wood flooring, sits on almost 1/2 lot. Well appears to have been recently replaced in last 5 years or so, detached garage, small "barn" in the rear of the property, GREAT opportunity for YOU!!The house does have a shared driveway, Come see this DIAMOND in the rough!! Seller is selling AS-IS, No owner financing !! Home has so much potential, 2 bedrooms, living room with fireplace, dining room, 1 bath, laundry, nice space upstairs could be possible 3rd bedroom(is not heated) Call today!!

Last Agent to Sell the Property

Monica Poole

Monica Poole Realty LLC License #227514 Listed on: 04/16/2019

Last Buyer's Agent

Jennifer Stafford

EXP Realty LLC Mooresville License #303569

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 0.43

Home Design

  • Cottage
  • Asbestos Siding

Interior Spaces

  • 1 Full Bathroom
  • Fireplace
  • Insulated Windows
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 308063

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.98361
  • Ratio Close Price By Original Li: 0.98361
  • Ratio Current Price By Acre: 125581.40
  • Ratio Current Price By Sq Ft: 54.00
  • Year Built: 1941
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Equipment: Natural Gas
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1000
  • Total Sq Ft: 1000
  • Sq Ft Unheated Total: 275
  • Sq Ft Unheated Upper: 275

Exterior Features

  • Construction: Asbestos
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt, Earth
  • Parking: Detached Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Size Area: 0.430
  • Parcel Number: 308063
  • Zoning Specification: sfr

Tax Info

  • Tax Value: 68607.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2019
Closed on
May 14, 2019
Sold by
Litewav Association Llc
Bought by
Ringer Rodney
Seller's Agent
Monica Poole
Monica Poole Realty LLC
Buyer's Agent
Jennifer Stafford
EXP Realty LLC Mooresville
List Price
$54,900
Sold Price
$54,000
Premium/Discount to List
-$900
-1.64%
Current Estimated Value
$142,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,826
Avg. Annual Appreciation
16.39%

Purchase Details

Closed on
Dec 1, 2016
Sold by
Jpmorgan Chase Bank Na
Bought by
Litewav Association Llc

Purchase Details

Closed on
May 23, 2016
Sold by
Arrowood Mallory Nicole Melton and Arrowood Jacob A
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Mar 31, 2009
Sold by
Jones Linda R and Jones Paul
Bought by
Melton Arrowood Mallory Nicole and Arrowood Jacob Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,474
Interest Rate
5.14%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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

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
Ringer Rodney $54,000 Investors Title
Litewav Association Llc $43,000 None Available
Jpmorgan Chase Bank Na $52,000 None Available
Melton Arrowood Mallory Nicole $72,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melton Arrowood Mallory Nicole $73,474
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2019 05/14/19 Sold $54,000 -1.6% $54 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $54,900 -- $55 / 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 $591 $88,873 $19,744 $69,129
2024 $591 $88,873 $19,744 $69,129
2023 $591 $88,873 $19,744 $69,129
2022 $514 $69,189 $17,550 $51,639
2021 $514 $69,189 $17,550 $51,639
2020 $514 $69,189 $17,550 $51,639
2019 $514 $69,189 $17,550 $51,639
2018 $505 $68,607 $17,550 $51,057
2017 $505 $68,607 $17,550 $51,057
2016 $505 $68,607 $17,550 $51,057
2015 $513 $68,607 $17,550 $51,057
2014 $479 $66,993 $13,162 $53,831
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3497250

Canopy MLS (Canopy Realtor® Association)

APN: 308-063