$25,000
SOLD SEP 3, 2015

225 Stone Ridge Dr Salisbury, NC 28146

1.56 Acres
$16,026 Price per Acre
67,954 Sq Ft Lot

Recently Sold

17% Below List Price

69 Days on Market

About This Lot

As of November 2024

Beautiful 1.56 acres in Stone Ridge Phase II. City water and sewer available, curbing in developed area, great neighborhood, convenient to Concord/Salisbury and I-85.

Last Agent to Sell the Property

Jayne Helms

RE/MAX Leading Edge License #217044 Listed on: 06/03/2015

Last Buyer's Agent

Karen Courtney

RE/MAX Leading Edge License #187699

RE/MAX Leading Edge

Property Details

Property Type

  • Land

Lot Details

  • Property is zoned Residential Acreage

Listing and Financial Details

  • Assessor Parcel Number 064J001

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.83333
  • Ratio Close Price By Original Li: 0.83333
  • Ratio Current Price By Acre: 16025.64
  • Restrictions: Square Feet
  • Special Features: None

Utilities

  • Sewer: City Sewer
  • Water: City Water

Schools

  • Elementary School: Hanford
  • Middle School: C.C. Erwin
  • High School: East Rowan

Lot Info

  • Lot Dimension: IRR
  • Lot Size Area: 1.560
  • Parcel Number: 064J001
  • Zoning: Residential Acreage
  • Zoning Specification: RES
  • Plat Reference Section Pages: 840

Tax Info

  • Tax Value: 42500.00
  • Tax Location: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Nov 8, 2024
Sold by
Day James F and Day Michelle A
Bought by
Davidson Reginald and Davidson Angela
Seller's Agent
Earl Riddle
Rowan Realty Ltd.
Buyer's Agent
Mechelle Kuld
TMR Realty, Inc.
List Price
$499,999
Sold Price
$462,000
Premium/Discount to List
-$37,999
-7.6%
Total Days on Market
69
Views
31
Current Estimated Value
$469,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,774
Avg. Annual Appreciation
1.99%
Original Mortgage
$462,000
Outstanding Balance
$459,712
Interest Rate
6.08%
Mortgage Type
VA
Estimated Equity
$8,786

Purchase Details

Closed on
Mar 24, 2016
Sold by
Ken Kellis Builders Inc
Bought by
Day James F and Day Michelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,150
Interest Rate
3.65%
Mortgage Type
VA

Purchase Details

Listed on
Jun 3, 2015
Closed on
Aug 2, 2015
Sold by
Farmers & Merchants Bank
Bought by
Ken Kellis Builders Inc
Seller's Agent
Jayne Helms
RE/MAX Leading Edge
Buyer's Agent
Karen Courtney
RE/MAX Leading Edge
List Price
$30,000
Sold Price
$25,000
Premium/Discount to List
-$5,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.41%
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 Type Sale Price Title Company
Warranty Deed $462,000 None Listed On Document
Warranty Deed $462,000 None Listed On Document
Warranty Deed $218,000 Chicago Title Insurance Co
Special Warranty Deed $25,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $462,000 VA
Closed $462,000 VA
Previous Owner $225,150 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2024 11/12/24 Sold $462,000 -7.6% $240 / Sq Ft
10/12/2024 10/12/24 Pending -- -- --
10/12/2024 10/12/24 For Sale $499,999 0.0% $260 / Sq Ft
10/11/2024 10/11/24 For Sale $499,999 +1900.0% $260 / Sq Ft
09/03/2015 09/03/15 Sold $25,000 -16.7% --
08/11/2015 08/11/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $30,000 -- --
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
2024 $5,539 $463,147 $60,000 $403,147
2023 $5,539 $463,147 $60,000 $403,147
2022 $3,961 $287,651 $50,000 $237,651
2021 $3,961 $287,651 $50,000 $237,651
2020 $3,961 $287,651 $50,000 $237,651
2019 $4,717 $342,534 $50,000 $292,534
2018 $4,136 $304,417 $50,000 $254,417
2017 $4,114 $304,417 $50,000 $254,417
2016 $1,995 $151,768 $50,000 $101,768
2015 $562 $42,500 $42,500 $0
2014 $555 $42,500 $42,500 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3090853

Canopy MLS (Canopy Realtor® Association)

APN: 064-J001