260 Cannon Rd Salisbury, NC 28147
Estimated Value: $249,041 - $382,000
2
Beds
1
Bath
1,300
Sq Ft
$242/Sq Ft
Est. Value
Highlights
- Den with Fireplace
- Central Air
- Lot Has A Rolling Slope
- Patio
About This Home
As of March 20161945 Cottage on approx 11.45 acres across the street from horse farm. Approx 850' road frontage. House has a wonderful sun room with fireplace, large eat in kitchen with range, dishwasher and refrigerator, and one bath. There is an enclosed unheated porch currently used for storage that could be expanded for extra living space. Covered porches. Detached storage.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,009
Year Built
- Built in 1945
Lot Details
- 11.45 Acre Lot
- Property fronts an interstate
- Lot Has A Rolling Slope
- Possible uses of the property include Multi-Family
- Property is zoned RA
Home Design
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 1,300 Sq Ft Home
- Den with Fireplace
- Crawl Space
- Range Hood
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Patio
Schools
- Mount Ulla Elementary School
- West Rowan Middle School
- West Rowan High School
Utilities
- Central Air
- Heat Pump System
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 068
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 5, 2015
Closed on
Mar 24, 2016
Sold by
Cannon Sheila Dawn
Bought by
Johnson F Joanne
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,510
Avg. Annual Appreciation
6.95%
Original Mortgage
$170,445
Outstanding Balance
$134,772
Interest Rate
3.62%
Mortgage Type
VA
Estimated Equity
$179,738
Purchase Details
Closed on
Jan 12, 2007
Sold by
Cannon Mary Lois
Bought by
Cannon Homer Ray and Cannon Shelia D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Johnson F Joanne | $5,000 | None Available | |
| Frazier Ronald G | $165,000 | None Available | |
| Cannon Homer Ray | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Frazier Ronald G | $170,445 | |
| Previous Owner | Cannon Homer Ray | $215,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/26/2016 06/26/16 | Off Market | $165,000 | -- | -- |
| 03/24/2016 03/24/16 | Sold | $165,000 | -8.3% | $127 / Sq Ft |
| 01/14/2016 01/14/16 | Pending | -- | -- | -- |
| 10/05/2015 10/05/15 | For Sale | $179,900 | -- | $138 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $1,009 | $148,922 | $31,380 | $117,542 |
| 2024 | $1,009 | $148,922 | $31,380 | $117,542 |
| 2023 | $1,009 | $148,922 | $31,380 | $117,542 |
| 2022 | $912 | $120,729 | $25,670 | $95,059 |
| 2021 | $902 | $120,729 | $25,670 | $95,059 |
| 2020 | $902 | $120,729 | $25,670 | $95,059 |
| 2019 | $902 | $120,729 | $25,670 | $95,059 |
| 2018 | $802 | $190,204 | $107,629 | $82,575 |
| 2017 | $802 | $190,204 | $107,629 | $82,575 |
| 2016 | $698 | $151,233 | $93,102 | $58,131 |
| 2015 | $643 | $151,233 | $93,102 | $58,131 |
| 2014 | $631 | $141,196 | $80,486 | $60,710 |
Source: Public Records
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: R58221
APN: 457-068
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