NOT LISTED FOR SALE

301 Lake Dr Salisbury, NC 28144

Estimated Value: $224,000 - $272,000

3 Beds
2 Baths
2,074 Sq Ft
$120/Sq Ft Est. Value

Last Sold August 21, 2019

Last sale price $160,000 $77 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,506/month

30 Days on Market

Highlights

  • Wood Flooring
  • Tennis Courts
  • Gas Log Fireplace
  • Corner Lot
  • Walk-In Closet
  • 2-minute walk to City Park

About This Home

As of August 2019

Located across from City Park, blocks from Hurley Park, and near the livelihood of downtown Salisbury with restaurants, shops, and art, this property is move-in ready while still maintaining the charm and quality of an older home. This home features slate entryway, beautiful hardwoods throughout main living areas, lots of natural light, updated kitchen, gas logs in living room, tile in bathrooms, and spacious bedrooms and closets. Separate Living Room and Den along with an all-season sunroom give you plenty of space with built-ins for charm. With the master on the upper level to itself, there is plenty of privacy with en-suite and walk-in closet. Refrigerator and washer/dryer convey.

Last Agent to Sell the Property

Annie Kamp

Lantern Realty & Development, LLC License #291550 Listed on: 03/10/2019

Lantern Realty & Development, LLC

Last Buyer's Agent

Del McDaniel

Keller Williams South Park License #304807

Keller Williams South Park

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 9,583

Home Design

  • Split Level Home
  • Vinyl Siding

Interior Spaces

  • Gas Log Fireplace
  • Crawl Space
  • Permanent Attic Stairs

Flooring

  • Wood
  • Laminate
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Corner Lot
  • Heating System Uses Natural Gas

Community Details

  • Tennis Courts
  • Community Playground

Listing and Financial Details

  • Assessor Parcel Number 003107

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Single Family
  • Property Sub Type: Split Level
  • Ratio Close Price By List Price: 0.90909
  • Ratio Close Price By Original Li: 0.89385
  • Ratio Current Price By Acre: 727272.73
  • Ratio Current Price By Sq Ft: 77.15
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 404
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), CO Detector, Convection Oven, Cable Prewire, Central Vacuum, Disposal, Dryer, Dishwasher, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Laminate Wood, Slate, Tile, Wood
  • Interior Amenities: Attic Stairs Fixed, Built-Ins, Walk-In Closet(s)
  • Laundry Location: Lower
  • Room Count: 3
  • Lower Level Sq Ft: 359
  • Main Level Sq Ft: 1311
  • Total Sq Ft: 2074

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

  • Heating: Central Air, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Playground, Tennis Court(s)

Lot Info

  • Lot Features: Corner Lot
  • Parcel Number: 003107
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 74494.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2019
Closed on
Aug 17, 2019
Sold by
Bates Robert W and Smith Robin J
Bought by
Paolucci Jodi
Seller's Agent
Annie Kamp
Lantern Realty & Development, LLC
Buyer's Agent
Del McDaniel
Keller Williams South Park
List Price
$179,000
Sold Price
$160,000
Premium/Discount to List
-$19,000
-10.61%
Current Estimated Value
$248,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,994
Avg. Annual Appreciation
7.05%
Original Mortgage
$157,102
Outstanding Balance
$139,107
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$109,887

Purchase Details

Closed on
May 17, 2017
Sold by
Leon Janet and Leon Rolando
Bought by
Bates Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2013
Closed on
Jun 27, 2013
Sold by
Estate Of Mildred B Aull
Bought by
Leon Janet
List Price
$95,900
Sold Price
$89,000
Premium/Discount to List
-$6,900
-7.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%
Original Mortgage
$71,200
Interest Rate
3.53%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Paolucci Jodi $160,000 None Available
Bates Robert W $155,000 None Available
Leon Janet $93,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paolucci Jodi $157,102
Previous Owner Bates Robert W $155,000
Previous Owner Leon Janet $71,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2019 08/21/19 Sold $160,000 -9.1% $77 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
04/07/2019 04/07/19 Price Changed $176,000 -1.7% $85 / Sq Ft
03/10/2019 03/10/19 For Sale $179,000 +101.1% $86 / Sq Ft
10/22/2013 10/22/13 Off Market $89,000 -- --
07/01/2013 07/01/13 Sold $89,000 -7.2% $40 / Sq Ft View Prior Sale
06/10/2013 06/10/13 Pending -- -- --
04/16/2013 04/16/13 For Sale $95,900 -- $43 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,216 $185,247 $21,255 $163,992
2024 $2,216 $185,247 $21,255 $163,992
2023 $2,216 $185,247 $21,255 $163,992
2022 $1,522 $110,532 $16,350 $94,182
2021 $1,522 $110,532 $16,350 $94,182
2020 $1,522 $110,532 $16,350 $94,182
2019 $1,204 $87,437 $16,350 $71,087
2018 $1,012 $74,494 $16,350 $58,144
2017 $1,007 $74,494 $16,350 $58,144
2016 $979 $74,494 $16,350 $58,144
2015 $985 $74,494 $16,350 $58,144
2014 $1,009 $77,238 $15,260 $61,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3482658

Canopy MLS (Canopy Realtor® Association)

APN: 003-107

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