NOT LISTED FOR SALE

2295 Faith Rd Salisbury, NC 28146

Estimated Value: $560,000 - $821,223

4 Beds
3 Baths
3,789 Sq Ft
$179/Sq Ft Est. Value

Last Sold May 25, 2017

Last sale price $331,000 $87 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,110/month

178 Days on Market

Highlights

  • 12.62 Acre Lot
  • Skylights
  • Attic Fan
  • Screened Porch
  • Walk-In Closet
  • Forced Air Heating and Cooling System

About This Home

As of May 2017

Private setting on 12+Acres! over 3700 HLA+ 3Car Garage! 4BR 3 BA + office, bonus, & rec room! Tons of updates, New H/W floors & Granite in kitchen w/tile back splash new appliances, island w/ breakfast bar, walk in pantry w/cabinets. Dining room w/gas log F/P. Lrg bonus w/ skylights & wet bar. Master w/ 2 walk in closets, sitting area, dual vanity, tile flr. Large porch w/ gazebo. Screen porch overlooking courtyard w/ hot tub. Upstairs balcony. 2 laundry rooms & mud room Attic storage & more!

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 12.62 Acre Lot
  • Property fronts an interstate
  • Level Lot
  • Possible uses of the property include Gardening

Parking

  • 3 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,789 Sq Ft Home
  • Skylights
  • Gas Log Fireplace
  • Screened Porch
  • Crawl Space
  • Attic Fan

Kitchen

  • Built-In Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Schools

  • Granite Quarry Elementary School
  • C.C. Erwin Middle School
  • East Rowan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 187

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2000
  • Inclusions: Building,Business
  • Restrictions: Other - See Remarks
  • Road Frontage Type: Interstate 1 mile or Less, Interstate
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Interior Amenities: Walk-In Closet(s)
  • Sq Ft Unheated Basement: 0
  • Possible Use: Gardening
  • Appliances: Dishwasher, Disposal, Microwave, Self Cleaning Oven, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Other - See Remarks
  • Living Area: 3789
  • Window Features: Skylight(s)

Exterior Features

  • Roof: Composition
  • Construction Type: Concrete Block, Vinyl, Other - See Remarks
  • Patio And Porch Features: Covered, Screened

Garage/Parking

  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer, Septic Installed, None
  • Cooling: Attic Fan, Central Air
  • Utilities: Cable Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: None

Schools

  • Middle Or Junior School: C.C. Erwin

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 187
  • Zoning: SFR
  • Lot Size Acres: 12.62
  • Lot Size Sq Ft: 549727
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Granite Quarry
  • High School: East Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2016
Closed on
May 23, 2017
Sold by
Kellis Kenneth W
Bought by
Kilburn Leonard Walker and Wheelock Angelique Marie
List Price
$415,000
Sold Price
$331,000
Premium/Discount to List
-$84,000
-20.24%
Current Estimated Value
$678,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,806
Avg. Annual Appreciation
8.76%
Original Mortgage
$26,480,000
Outstanding Balance
$22,009,299
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
-$21,330,493

Purchase Details

Listed on
Oct 11, 2016
Closed on
Apr 11, 2017
Sold by
Kellis Kris W
Bought by
Kellis Kenneth W
List Price
$415,000
Sold Price
$331,000
Premium/Discount to List
-$84,000
-20.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,480,000
Outstanding Balance
$22,009,299
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
-$21,330,493

Purchase Details

Closed on
Sep 8, 2000
Bought by
Kellis Kenneth W and Kellis Wf
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kilburn Leonard Walker $342,000 None Available
Kellis Kenneth W $100,000 None Available
Kellis Kenneth W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kilburn Leonard Walker $26,480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2017 08/28/17 Off Market $331,000 -- --
05/25/2017 05/25/17 Sold $331,000 -20.2% $87 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
10/11/2016 10/11/16 For Sale $415,000 -- $110 / 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 $6,504 $637,662 $142,771 $494,891
2024 $6,504 $637,662 $142,771 $494,891
2023 $6,504 $637,662 $142,771 $494,891
2022 $4,269 $386,302 $118,667 $267,635
2021 $4,060 $377,641 $118,667 $258,974
2020 $4,060 $377,641 $118,667 $258,974
2019 $4,060 $377,641 $118,667 $258,974
2018 $3,594 $337,819 $118,667 $219,152
2017 $3,594 $337,819 $118,667 $219,152
2016 $3,594 $337,819 $118,667 $219,152
2015 $3,657 $337,819 $118,667 $219,152
2014 $3,648 $340,938 $118,667 $222,271
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R59151

Canopy MLS (Canopy Realtor® Association)

APN: 403-187