NOT LISTED FOR SALE

240 Horseshoe Dr Salisbury, NC 28146

Estimated Value: $293,000 - $361,000

2 Beds
1.5 Baths
1,500 Sq Ft
$216/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $302,000 $201 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,892/month

19 Days on Market

Highlights

  • Wood Flooring
  • Arched Doorways
  • 3 Car Detached Garage
  • Cottage
  • Balcony
  • Porch

About This Home

As of August 2023

Welcome to your dream getaway! Nestled in the 'Summer Place' community on High Rock Lake, this enchanting cottage offers a serene retreat surrounded by a vibrant tapestry of blooming flowers and lush greenery. Located just a stone's throw away from the picturesque lake, it presents an idyllic setting for relaxation and exploration! As you step into this charming cottage, you'll be greeted by a warm and inviting atmosphere. The interior exudes rustic elegance, with a tasteful blend of modern comforts and classic cottage charm. Natural light floods through the windows, casting a gentle glow on the cozy living spaces. Immerse yourself in a captivating book or gather around the fireplace for cozy conversations. Just a short distance away, the glistening lake beckons you for a day of recreation! High Rock Lake lake provides a perfect backdrop for unforgettable picnics, capturing breathtaking photographs, or simply enjoying the beauty of nature.

Last Agent to Sell the Property

Catie May

eXp Realty License #324621 Listed on: 06/28/2023

eXp Realty

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $988

Year Built

  • Built in 1980

Lot Details

  • 0.47

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 1,384 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Arched Doorways
  • Living Room with Fireplace
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Balcony
  • Outdoor Storage
  • Porch

Schools

  • Erwin Middle School
  • East Rowan High School

Utilities

  • Heat Pump System
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • 0.47 Acre Lot

Community Details

  • Summer Place Subdivision

Listing and Financial Details

  • Tax Lot 19,20
  • Assessor Parcel Number 500A226
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$988

Year Built

Built in 1980

Lot Details

0

HOA Fees

$13 per month

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Lot Size: buyer agent to verify
  • Co List Office Mls Id: LBREST01
  • Co List Office Phone: 336-798-2898
  • Subdivision Name: Summer Place
  • Directions: From I-85, take exit 79 and navigate to Bringle Ferry Rd. Continue towards Tamarac Marina, then cross the bridge and take a left after Saint Matthew's Church onto Scout Rd. Sapona Rd will be on your left. Continue to Sportsman Drive, Horseshoe Dr on right
  • Above Grade Finished Sq Ft: 1384
  • Architectural Style: Cottage
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1980
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Electric Water Heater
  • Flooring: Carpet, Laminate, Wood
  • Interior Amenities: Arched Doorways, Built-in Features, Ceiling Fan(s), Pantry
  • Accessibility Features: 2 or more Access Exits
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1384
  • Main Level Bathrooms: 1
  • Attic Description: Eave Storage
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsUpper: 1

Exterior Features

  • Exterior Features: Balcony, Lighting, Garden
  • Fencing: Invisible
  • Pool Features: None
  • Construction Type: Wood Siding
  • Other Structures: Boat Ramp, Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Carport, Driveway, Garage, Detached Carport, Detached
  • Garage Description: Detached Carport, Detached Garage

Utilities

  • Sewer: Private Sewer, Septic Tank
  • Laundry Features: Main Level
  • Security: Security Lights, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric, Propane
  • Water Source: Private, Well
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 160
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Morgan
  • High School: East Rowan
  • Middle Or Junior School: Erwin

Lot Info

  • Parcel #: 500A226
  • Zoning: R
  • TRIADMLS_PricePerAcre: 642553.1915
  • TRIADMLS_DeedPage: 506
  • TRIADMLS_DeedBook: 1350
  • TRIADMLS_PlatBook: 9995-998A
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 988
  • Tax Lot: 19,20
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2020
Sold by
Theiss Diaua L
Bought by
Blankenship Tyler and Blankenship Nell S
Current Estimated Value
$324,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Outstanding Balance
$147,693
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$183,455

Purchase Details

Closed on
May 31, 2006
Sold by
Mcguire Ellen Ann
Bought by
Theiss George J and Theiss Diana L
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
Blankenship Tyler $175,000 None Available
Theiss George J $116,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blankenship Tyler $166,250
Previous Owner Mcguire Ellen Ann $99,450
Previous Owner Mcguire Ellen Ann $22,841
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $302,000 +0.7% $252 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $300,000 -- $250 / Sq Ft
Source: Triad 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 $1,358 $205,697 $24,960 $180,737
2024 $1,358 $205,697 $24,960 $180,737
2023 $1,358 $205,697 $24,960 $180,737
2022 $988 $133,963 $13,728 $120,235
2021 $953 $133,963 $13,728 $120,235
2020 $843 $118,465 $12,854 $105,611
2019 $843 $118,465 $12,854 $105,611
2018 $733 $102,404 $12,904 $89,500
2017 $722 $102,404 $12,904 $89,500
2016 $722 $102,404 $12,904 $89,500
2015 $734 $102,404 $12,904 $89,500
2014 $733 $104,314 $12,904 $91,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1109595

Triad MLS

APN: 500-A226