NOT LISTED FOR SALE
4 Beds
2 Baths
1,500 Sq Ft
0.32 Acre Lot

Sale Details

Date Sold: July 26, 2024

Last sale price $195,000 $130 Per Sq Ft

45 Days on Market

Highlights

  • End Unit
  • Laundry Room
  • Central Heating and Cooling System
  • Living Room

About This Home

As of July 2024

Two bedrooms, Living Room, Kitchen with laundry closet and full bath in each unit.
This is one of two duplexes being sold by this owner. The other is 302 Foster Lane, and they are virtually identical and each is priced the same.

Located on a quiet dead-end street in the East Rowan school district. It's location in Salisbury is convenient to the I85 interstate and shopping.

This is one of 4 adjacent duplexes, all of which are for sale:
308 Foster Lane MLS # 4131605;
306 Foster Lane MLS # 4138945;
304 Foster Lane MLS # 4138954;
302 Foster Lane MLS # 4131615.
THE SELLERS PREFER TO SELL ALL FOUR PROPERTIES TOGETHER.

Last Agent to Sell the Property

Mary Arey

Arey Realty Brokerage Email: Mary.AreyRealty@gmail.com License #56214 Listed on: 04/21/2024

Last Buyer's Agent

Luciana Collins

Properties on Purpose Real Estate Firm License #288391

Properties on Purpose Real Estate Firm
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2000

Lot Details

  • Lot Dimensions are 72.5x201.66x74x183.9
  • End Unit
  • Cleared Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Crawl Space
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Granite Quarry Elementary School
  • East Rowan High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 065421

Property Details

Home Type

Multi-Family

Year Built

Built in 2000

Lot Details

0.32 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 2000
  • Road Surface Type: Gravel
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: Mary.AreyRealty@gmail.com
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Living Room
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Owner Pays: None
  • Above Grade Finished Sq Ft: 1500
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1500
  • Building Stories: 1

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway, Parking Space(s)

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Kitchen, Laundry Closet
  • Cooling: Central Air, Heat Pump
  • Utilities: Cable Available, Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, End Unit
  • Lot Size Units: Acres
  • Parcel Number: 065421
  • Lot Size: 72.5x201.66x74x183.9
  • ResoLotSizeUnits: Acres
  • Zoning Specification: UR12

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: No

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Granite Quarry
  • High School: East Rowan

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2024
Closed on
Jul 16, 2024
Sold by
Oates Family Trust and Oates Richard G
Bought by
Seller's Agent
Mary Arey
Arey Realty
Buyer's Agent
Luciana Collins
Properties on Purpose Real Estate Firm
List Price
$249,900
Sold Price
$195,000
Premium/Discount to List
-$54,900
-21.97%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,485
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 30, 2003
Sold by
Ryburn William G and Oates Dorothy
Bought by
Oates Richard G and Oates Dorothy
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$195,000 None Listed On Document
Oates Richard G -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $224,000
Closed Tektron Enterprises Llc $206,485
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/26/2024 07/26/24 Sold $195,000 -13.3% $130 / Sq Ft
05/10/2024 05/10/24 Price Changed $224,900 -10.0% $150 / Sq Ft
04/21/2024 04/21/24 For Sale $249,900 -- $167 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,604 $134,119 $15,277 $118,842
2025 $1,604 $134,119 $15,277 $118,842
2024 $1,469 $122,801 $15,277 $107,524
2023 $1,469 $122,801 $15,277 $107,524
2022 $1,472 $106,884 $12,095 $94,789
2021 $1,472 $106,884 $12,095 $94,789
2020 $1,472 $106,884 $12,095 $94,789
2019 $1,472 $106,884 $12,095 $94,789
2018 $1,309 $96,341 $12,094 $84,247
2017 $1,302 $96,341 $12,094 $84,247
2016 $1,266 $96,341 $12,094 $84,247
2015 $1,274 $96,341 $12,094 $84,247
2014 $1,293 $98,923 $10,503 $88,420
Source: Public Records

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Map

Source: Canopy MLS

MLS Number: 4131615

Canopy MLS

APN: 065 116

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