NOT LISTED FOR SALE

281 Salisbury Dr Unit 944 Troy, NC 27371

Estimated Value: $479,265 - $646,000

3 Beds
2.5 Baths
1,844 Sq Ft
$303/Sq Ft Est. Value

Last Sold June 08, 2018

Last sale price $350,000 $190 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,281/month

193 Days on Market

Highlights

  • Gated Community
  • Community Lake
  • Wood Flooring
  • Waterfront
  • Clubhouse
  • Community Pool

About This Home

As of June 2018

This rustic log home has recently been updated with new wooden floors throughout. The kitchen has been opened up and customized with stainless appliances & new countertops. The vaulted living room features a beautiful stone fireplace with gas logs. A beautiful leaded glass front door, wrap around porch, private lot is exceptional. Currently has a pier that could be upgraded to a boathouse. Owners truly regret having to move from this wonderful home.

Last Agent to Sell the Property

Kat Mcrae

New South Realty, Inc License #C6975 Listed on: 10/05/2017

Last Buyer's Agent

Lee Allen

Corcoran HM Properties License #211466

Corcoran HM Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • Waterfront

HOA Fees

  • $55 Monthly HOA Fees

Home Design

  • Rustic Architecture
  • Log Siding

Interior Spaces

  • Gas Log Fireplace

Flooring

  • Wood
  • Vinyl

Parking

  • Attached Garage
  • Gravel Driveway

Listing and Financial Details

  • Assessor Parcel Number 6589-20-81-7540

Community Details

Overview

  • Henderson Properties Association, Phone Number (704) 970-4155
  • Community Lake

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Rustic
  • Ratio Close Price By List Price: 0.92227
  • Ratio Close Price By Original Li: 0.79636
  • Ratio Current Price By Acre: 466666.67
  • Ratio Current Price By Sq Ft: 189.80
  • Special Assessment Description: Duke Energy waterfront lease
  • Special Assessment Yn: Yes
  • Year Built: 1997
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Outside Entrance
  • Upper Level Sq Ft: 611
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Gas Range, Refrigerator, Electric Oven
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • H O A Management Phone: 704-970-4155
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1233
  • Total Sq Ft: 1844
  • Sq Ft Unheated Basement: 1051
  • Sq Ft Unheated Total: 1051

Exterior Features

  • Construction: Log
  • Construction Type: Site Built
  • Exterior Features: Pier

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Carport - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Boat Ramp, Club House, Gated Community, Lake, Playground, Outdoor Pool, Recreation Area, Security, Tennis Court(s)
  • Association Fee: 665.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Henderson Properties
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 174' waterfront
  • Lot Features: Waterfront, Rolling
  • Lot Size Area: 0.750
  • Parcel Number: 6589-20-81-7540
  • Plat Book Slide: A / 622
  • Zoning: SFR
  • Zoning Specification: Res.

Tax Info

  • Tax Value: 334700.00
  • Tax Location: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2017
Closed on
Jun 7, 2018
Sold by
Louisell John C
Bought by
Adams Edward Keith and Adams Robin Collins
Seller's Agent
Kat Mcrae
New South Realty, Inc
Buyer's Agent
Lee Allen
Corcoran HM Properties
List Price
$439,500
Sold Price
$350,000
Premium/Discount to List
-$89,500
-20.36%
Current Estimated Value
$558,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,816
Avg. Annual Appreciation
6.66%
Original Mortgage
$250,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 13, 2018
Sold by
Louisell Vicki E and Louisell John C
Bought by
Louisell John C

Purchase Details

Closed on
Jan 20, 2017
Sold by
Sattenfield Charles L and Sattenfield Laura L
Bought by
Louisell John C and Louisell Vicki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2005
Sold by
Zito Jerome R and Zito Marion E
Bought by
Sattenfield Charles L and Sattenfield Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,950
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Adams Edward Keith $350,000 None Available
Louisell John C -- None Available
Louisell John C $325,000 None Available
Sattenfield Charles L $325,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Edward K $225,000
Closed Adams Edward Keith $250,000
Previous Owner Louisell John C $260,000
Previous Owner Sattenfield Charles L $307,950
Previous Owner Zito Jerome $268,000
Previous Owner Zito Jerome $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2018 06/08/18 Sold $350,000 -20.4% $190 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
10/05/2017 10/05/17 For Sale $439,500 -- $238 / 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
2024 $2,240 $364,167 $65,598 $298,569
2023 $2,240 $364,167 $65,598 $298,569
2022 $2,240 $364,167 $65,598 $298,569
2021 $2,240 $364,167 $65,598 $298,569
2020 $2,240 $364,167 $65,598 $298,569
2018 $2,075 $334,700 $65,598 $269,102
2017 $2,075 $334,700 $65,598 $269,102
2016 $2,100 $334,700 $65,598 $269,102
2015 $1,930 $334,700 $0 $0
2014 $1,930 $334,738 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3326895

Canopy MLS (Canopy Realtor® Association)

APN: 6589-20-81-7540