NOT LISTED FOR SALE

205 Laurel Lake Rd Salemburg, NC 28385

Estimated Value: $318,000 - $332,529

4 Beds
3 Baths
2,136 Sq Ft
$152/Sq Ft Est. Value

Last Sold April 17, 2023

Last sale price $292,950 $137 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,989/month

50 Days on Market

Highlights

  • New Construction
  • No HOA
  • 2 Car Attached Garage
  • Wood Flooring
  • Covered Patio or Porch
  • Separate Shower in Primary Bathroom

About This Home

As of April 2023

*Ready To Move In* Reedsville B Floor Plan in Salem Laurel Subdivision. Large 0.91 Acre Lot. Two story with four bedrooms, three full bathrooms, large bonus room, double car garage, kitchen dining area, laundry room, and mud room. The master bedroom will include a master bathroom with adult height vanities, marble countertops, Chrome fixtures, elongated toilets, framed shower door, dual vanities. The kitchen will include Stainless Steel Appliances range, microwave, dishwasher, granite counter tops and ceramic tile backsplash. The flooring is LVP flooring in the kitchen dining, and great room. The bathrooms and laundry rooms will have luxury vinyl flooring. The bedrooms will have carpet with 5.5lb. pad. 30yr Architectural shingles. Covered rear porch. Come make this new home yours today!

Last Agent to Sell the Property

Gary Futch, CCIM

GRANT-MURRAY HOMES License #265136 Listed on: 01/26/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,725

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.91

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 2,136 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry on upper level
  • Washer and Dryer

Additional Features

  • Covered Patio or Porch
  • 0.91 Acre Lot
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,725

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2023
  • Prop. Type: Residential
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Contract Information Estimated Completion Date: 2023-01-26
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Flooring Vinyl: Yes
  • Laundry Features Upper Level: Yes
  • General Property Information Carport YN: No
  • Security Features Fire Alarm: Yes
  • Laundry Features Inside: Yes
  • General Property Information Lot Size Square Feet2: 39639.6
  • General Property Information Building Project Name3: Builder maintains the right to change and/or alter selections and plans without notice.** Builder's preferred lender is Alpha Mortgage. Contact Heather Wilson (910)308-9717 for more information. Preferred Closing Attorney is Ashish Lakiani with Single Source. Please make Earnest Money out to the Closing Attorney. Please have your buyers sign and initial all builder documents in the MLS Cabinet.
  • General Property Information Lot Size Acres: 0.91
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Luxury Vinyl, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Separate Shower, Walk-In Closet(s)
  • Appliances: Dishwasher, Microwave, Range, Washer/Dryer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances Range: Yes
  • Appliances:WasherDryer: Yes
  • Interior Features:Kitchen Island: Yes
  • Fireplace Features:None8: Yes

Exterior Features

  • Acres: 0.91
  • Home Warranty: Yes
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Parking Features:Attached: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Heat Pump
  • HeatingYN: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 39639.6
  • ResoLotSizeUnits: Acres
  • Parcel #: TBD
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Apr 17, 2023
Sold by
Benjamin Stout Real Estate Services Inc
Bought by
Caudell Alan Wayne and Clemmons Mary
Seller's Agent
Gary Futch, CCIM
GRANT-MURRAY HOMES
List Price
$289,950
Sold Price
$292,950
Premium/Discount to List
$3,000
1.03%
Current Estimated Value
$324,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,182
Avg. Annual Appreciation
4.38%
Original Mortgage
$292,950
Outstanding Balance
$282,519
Interest Rate
5%
Mortgage Type
VA
Estimated Equity
$41,613

Purchase Details

Closed on
Feb 15, 2023
Sold by
Nelson Thomas W
Bought by
Kerr Lofton and Kerr Tammy
Source: Public Records

Range of Values:

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Average Value
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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
Caudell Alan Wayne $293,000 None Listed On Document
Kerr Lofton $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caudell Alan Wayne $292,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2023 04/17/23 Sold $292,950 +1.0% $137 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $289,950 -- $136 / Sq Ft
Source: Doorify MLS

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 $2,725 $276,646 $35,000 $241,646
2024 $2,559 $276,646 $35,000 $241,646
2023 $3,005 $267,070 $30,000 $237,070
2022 $248 $30,000 $30,000 $0
2021 $0 $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: LP697551

Doorify MLS

APN: 06020848302