NOT LISTED FOR SALE

265 Settlers Grove Ln Salisbury, NC 28146

Estimated Value: $372,000 - $425,997

3 Beds
2.5 Baths
2,279 Sq Ft
$177/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $230,250 $101 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,324/month

29 Days on Market

Highlights

  • Under Construction
  • Wood Flooring
  • Attached Garage
  • Traditional Architecture

About This Home

As of November 2019

Ideally configured is a term that best describes The Addison. This new home design features an 'L' shaped living, dining and kitchen area with great traffic flow around a center island. A tranquil first-floor owner's suite, with an enormous walk-in closet, just steps away. Rounding out the first floor is a light-filled study, powder room and convenient, oversized laundry room. A huge upstairs loft provides endless possibilities for use of space, or the option of a bedroom suite can be added to the other two second-floor bedrooms.

Last Agent to Sell the Property

Jamie Warner

TRI Pointe Homes INC License #180086 Listed on: 07/02/2019

Last Buyer's Agent

Barbara Lomax

Wallace Realty License #198935

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,381

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 0.36

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Community Details

  • Built by Smith Douglas Homes

Listing and Financial Details

  • Assessor Parcel Number Lot 66 Settlers Grove

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,381

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Traditional
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 0.97052
  • Ratio Close Price By Original Li: 0.97052
  • Ratio Current Price By Acre: 639583.33
  • Ratio Current Price By Sq Ft: 101.03
  • Year Built: 2019
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 980
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Gas Range, Microwave, Gas Oven
  • Flooring: Carpet, Vinyl, Wood
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1299
  • Total Sq Ft: 2279

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 175.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Parcel Number: Lot 66 Settlers Grove
  • Plat Reference Section Pages: 5874
  • Zoning Specification: Res

Building Info

  • Builder Name: Smith Douglas Homes

Tax Info

  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2019
Sold by
Sdh Charlotte Llc
Bought by
Root Melissa Anne and Root Michael
Current Estimated Value
$402,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,079
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 2, 2019
Sold by
J & E Land Holding Company Llc
Bought by
Sdh Charlotte Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 6, 2011
Sold by
Bank Of North Carolina
Bought by
J & E Land Holding Company Llc

Purchase Details

Closed on
Oct 20, 2010
Sold by
Settlers Grove Llc
Bought by
Bank Of North Carolina
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
Root Melissa Anne $230,500 None Available
Sdh Charlotte Llc $180,000 None Available
J & E Land Holding Company Llc $1,300,000 None Available
Bank Of North Carolina $880,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Root Melissa Anne $226,079
Previous Owner Sdh Charlotte Llc $40,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2019 11/22/19 Sold $230,250 -2.9% $101 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/02/2019 07/02/19 For Sale $237,245 -- $104 / 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 $2,381 $355,349 $35,500 $319,849
2024 $2,381 $355,349 $35,500 $319,849
2023 $2,381 $355,349 $35,500 $319,849
2022 $1,606 $214,814 $32,000 $182,814
2021 $1,590 $214,814 $32,000 $182,814
2020 $1,606 $214,814 $32,000 $182,814
2019 $201 $27,200 $27,200 $0
2018 $198 $27,200 $27,200 $0
2017 $198 $27,200 $27,200 $0
2016 $198 $27,200 $27,200 $0
2015 $201 $27,200 $27,200 $0
2014 $247 $34,000 $34,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3525357

Canopy MLS (Canopy Realtor® Association)

APN: 405-E028