NOT LISTED FOR SALE

240 Horseshoe Dr Salisbury, NC 28146

Estimated Value: $313,000 - $388,000

2 Beds
1.5 Baths
1,500 Sq Ft
$232/Sq Ft Est. Value

Last Sold August 11, 2023

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

Est. 15% increase in value since last sale

Current estimated payment $1,937/month

19 Days on Market

Highlights

  • Boat Ramp
  • Cottage
  • Balcony
  • Wood Flooring
  • Arched Doorways
  • 3 Car Detached Garage

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 Acre Lot
  • Property has an invisible fence for dogs
  • Garden

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
  • Built-In Features
  • Ceiling Fan
  • Gas Log Fireplace
  • Arched Doorways
  • Living Room with Fireplace
  • Crawl Space
  • Storage In Attic
  • Laundry on main level

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Boat Ramp
  • Balcony
  • Exterior Lighting
  • Outdoor Storage
  • Porch

Schools

  • Erwin Middle School
  • East Rowan High School

Utilities

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

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

0.47 Acres

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_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

Listed on
Jun 28, 2023
Closed on
Aug 10, 2023
Sold by
Blankenship Tyler and Blankenship Caitlyn May
Bought by
Keryluk Tyler Drew
Seller's Agent
Catie May
eXp Realty
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$300,000
Sold Price
$302,000
Premium/Discount to List
$2,000
0.67%
Views
95
Current Estimated Value
$347,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,995
Avg. Annual Appreciation
5.58%
Original Mortgage
$177,000
Outstanding Balance
$170,459
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$177,536

Purchase Details

Closed on
Jun 6, 2020
Sold by
Theiss Diaua L
Bought by
Blankenship Tyler and Blankenship Nell S

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
Interest Rate
3.2%
Mortgage Type
New Conventional

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Keryluk Tyler Drew $300,000 None Listed On Document
Blankenship Tyler $175,000 None Available
Theiss George J $116,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keryluk Tyler Drew $177,000
Previous Owner Blankenship Tyler $166,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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

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Map

Source: Triad MLS

MLS Number: 1109595

Triad MLS

APN: 500-A226

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