NOT LISTED FOR SALE

295 Rainey Rd Salisbury, NC 28146

Estimated Value: $252,000 - $334,000

3 Beds
2 Baths
1,380 Sq Ft
$207/Sq Ft Est. Value

Last Sold September 18, 2015

Last sale price $135,000 $98 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $1,830/month

346 Days on Market

Highlights

  • Elevator
  • Walk-In Closet
  • Central Air
  • Front Porch
  • Patio
  • 2 Car Garage

About This Home

As of September 2015

New Construction 3BD/2BA, 1380 sq ft, double attached garage w/huge great room, formal dining room, spacious kitchen, split floor plan, laminate & tile floors, great location with rural feel, yet convenient to Faith, Salisbury, Granite Quarry & I-85 for commuting.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 127x153x66x61x175
  • Property fronts a private road
  • Property fronts an interstate
  • Lot Has A Rolling Slope
  • Possible uses of the property include Gardening

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,380 Sq Ft Home
  • Insulated Windows
  • Crawl Space

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Faith Elementary School
  • Southeast Middle School
  • Jesse Carson High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • Elevator

Listing and Financial Details

  • Assessor Parcel Number 268

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2014
  • Inclusions: Building
  • Restrictions: Other - See Remarks
  • Road Frontage Type: Interstate, Private Road
  • Road Surface Type: Paved
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Interior Amenities: Walk-In Closet(s)
  • Sq Ft Unheated Basement: 0
  • Possible Use: Gardening
  • Appliances: Dishwasher, Exhaust Hood, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1380
  • Window Features: Insulated Window(s)

Exterior Features

  • Construction Type: Concrete Block, Vinyl, Other - See Remarks
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

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

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer, Septic Installed
  • Green Building Features: Elevator
  • Cooling: Central Air
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Southeast

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Units: Acres
  • Parcel Number: 268
  • Zoning: RES
  • Lot Size Acres: 0.46
  • Lot Size: 127x153x66x61x175
  • Lot Size Sq Ft: 20037
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Faith
  • High School: Jesse Carson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2020
Sold by
Suddreth Lloyd N
Bought by
Suddreth Lloyd N and Suddreth Renee J
Current Estimated Value
$316,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Outstanding Balance
$84,545
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$201,386

Purchase Details

Listed on
Aug 15, 2014
Closed on
Sep 18, 2015
Sold by
S1ff0rd Construction Llc
Bought by
Suddreth Llyod N
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$128,250
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2014
Sold by
Drye Gary L and Drye Pamela Ritchie
Bought by
Sifford Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,300
Interest Rate
4.36%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 30, 2003
Sold by
Mcswain Billy F
Bought by
Drye Gary Lee
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Suddreth Lloyd N -- None Available
Suddreth Llyod N $135,000 None Available
Sifford Construction Llc $18,000 None Available
Sifford Construction Llc $18,000 None Available
Drye Gary Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suddreth Lloyd N $116,800
Closed Suddreth Llyod N $128,250
Previous Owner Sifford Construction Llc $111,300
Previous Owner Sifford Construction Llc $13,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2015 12/17/15 Off Market $135,000 -- --
09/18/2015 09/18/15 Sold $135,000 -9.9% $98 / Sq Ft
07/27/2015 07/27/15 Pending -- -- --
08/15/2014 08/15/14 For Sale $149,900 -- $109 / 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 $2,082 $210,258 $24,000 $186,258
2024 $2,082 $210,258 $24,000 $186,258
2023 $2,082 $210,258 $24,000 $186,258
2022 $1,498 $140,353 $20,000 $120,353
2021 $1,498 $140,353 $20,000 $120,353
2020 $1,498 $140,353 $20,000 $120,353
2019 $1,498 $140,353 $20,000 $120,353
2018 $1,339 $126,736 $20,000 $106,736
2017 $1,339 $126,736 $20,000 $106,736
2016 $1,339 $126,736 $20,000 $106,736
2015 $1,359 $126,736 $20,000 $106,736
2014 $191 $18,062 $18,062 $0
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R56804

Canopy MLS (Canopy Realtor® Association)

APN: 420-268