NOT LISTED FOR SALE

240 Spicewood Ln Salisbury, NC 28147

Estimated Value: $351,000 - $437,000

4 Beds
2.5 Baths
2,480 Sq Ft
$162/Sq Ft Est. Value

Last Sold April 14, 2016

Last sale price $187,500 $76 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $2,284/month

171 Days on Market

Highlights

  • Elevator
  • 2 Car Garage
  • Level Lot
  • Forced Air Heating and Cooling System

About This Home

As of April 2016

This home has been remodeled throughout. Four bedrooms, living room, den, family room, nice kitchen w/appliances. Pool with a nice deck, double garage, outbuilding. A must see home!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,991

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 240x238x276x168
  • Level Lot
  • Possible uses of the property include Other - See Remarks, Residential

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Metal Siding

Interior Spaces

  • 2,480 Sq Ft Home
  • Insulated Windows
  • Crawl Space

Kitchen

  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Hurley Elementary School
  • West Rowan Middle School
  • West Rowan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • Neel Estates Subdivision
  • Elevator

Listing and Financial Details

  • Assessor Parcel Number 053

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,991

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1964
  • Inclusions: Building
  • Road Frontage Type: Interstate 1 mile or Less
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Sq Ft Unheated Basement: 0
  • Possible Use: Other - See Remarks, Residential
  • Appliances: Dishwasher, Exhaust Hood
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Den
  • Living Area: 2480
  • Window Features: Insulated Window(s)
  • Room Count: 8

Exterior Features

  • Construction Type: Brick Partial, Metal, Other - See Remarks

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Forced Air, Heat Pump, Natural Gas
  • Sewer: Septic Installed, Other - See Remarks
  • Green Building Features: Elevator
  • Cooling: Central Air, Heat Pump
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: West Rowan

Lot Info

  • Lot Features: Level, Rolling Slope
  • Lot Size Units: Acres
  • Parcel Number: 053
  • Lot Size: 240x238x276x168
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Hurley
  • High School: West Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2015
Closed on
Apr 13, 2016
Sold by
Jackson James A and Jackson Patricia
Bought by
Dennard Brian and Dennard April
List Price
$207,900
Sold Price
$187,500
Premium/Discount to List
-$20,400
-9.81%
Current Estimated Value
$400,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,147
Avg. Annual Appreciation
8.29%
Original Mortgage
$184,103
Outstanding Balance
$154,358
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$246,289

Purchase Details

Closed on
May 18, 2015
Sold by
Foster Matthew and Foster Stacey
Bought by
Jackson James A and Jackson Patricia

Purchase Details

Closed on
Apr 27, 2006
Sold by
Federal National Mortgage Association
Bought by
Foster Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
8.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 15, 2005
Sold by
Russell Ronald E and Russell Darnell
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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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
Dennard Brian $187,500 None Available
Jackson James A $99,225 None Available
Foster Matthew -- None Available
Federal National Mortgage Association $172,247 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dennard Brian $184,103
Previous Owner Foster Matthew $147,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2016 07/14/16 Off Market $187,500 -- --
04/14/2016 04/14/16 Sold $187,500 -9.8% $76 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
09/08/2015 09/08/15 For Sale $207,900 -- $84 / 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 $1,991 $293,831 $34,000 $259,831
2024 $1,991 $293,831 $34,000 $259,831
2023 $1,991 $293,831 $34,000 $259,831
2022 $1,518 $201,014 $28,500 $172,514
2021 $1,503 $201,014 $28,500 $172,514
2020 $1,503 $201,014 $28,500 $172,514
2019 $1,503 $201,014 $28,500 $172,514
2018 $1,235 $166,574 $28,500 $138,074
2017 $1,235 $166,574 $28,500 $138,074
2016 $1,235 $166,574 $28,500 $138,074
2015 $1,292 $166,574 $28,500 $138,074
2014 $1,267 $171,369 $28,500 $142,869
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R58110

Canopy MLS (Canopy Realtor® Association)

APN: 464-B053