NOT LISTED FOR SALE

3465 E Ridge Rd Salisbury, NC 28144

Estimated Value: $194,000 - $211,000

2 Beds
1 Bath
1,500 Sq Ft
$136/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $157,000 $105 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,128/month

38 Days on Market

Highlights

  • No HOA
  • Porch
  • Ceiling Fan
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of December 2021

Location, Location, Location!! Are you looking for a charming home that offers a country setting but only minutes from Salisbury’s local attractions? Well, this is the home for you! This 2 bedroom, 1 bath Ranch style home offers NEW vinyl windows, NEW vinyl plank flooring in both the foyer and kitchen areas, freshly renovated bathroom, and a huge backyard! Only 3 minutes from Ellis Park!! HURRY…… before someone else calls this “HOME”.

Last Agent to Sell the Property

Ken Harmer

Arey Realty License #247880 Listed on: 09/03/2021

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $651

Year Built

  • Built in 1923

Lot Details

  • 1.1 Acre Lot
  • Property is zoned RA-3

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,335 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Crawl Space
  • Free-Standing Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Porch

Schools

  • North Rowan Middle School
  • North Rowan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 322037
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$651

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.1
  • Subdivision Name: None
  • Directions: GPS
  • Above Grade Finished Sq Ft: 1335
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1923
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1335
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Aluminum Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Garage, Gravel, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: North Rowan
  • High School: North Rowan
  • Middle Or Junior School: North Rowan

Lot Info

  • Parcel #: 322037
  • Zoning: RA-3
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 651.36
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.7425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Dec 16, 2021
Sold by
Jeffries Nicholas
Bought by
Lees Kenny C and Gainey Mary C
Seller's Agent
Ken Harmer
Arey Realty
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$157,000
Current Estimated Value
$203,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,748
Avg. Annual Appreciation
6.61%
Original Mortgage
$135,785
Outstanding Balance
$124,853
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$78,895

Purchase Details

Listed on
Jan 13, 2014
Closed on
Mar 31, 2015
Sold by
Canovai Linda K
Bought by
Jeffries Nicholas
List Price
$59,875
Sold Price
$47,495
Premium/Discount to List
-$12,380
-20.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.44%
Original Mortgage
$46,070
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2013
Sold by
Kesler William Alfred
Bought by
Canovai Linda K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lees Kenny C $157,000 Fortified Title Llc
Jeffries Nicholas $47,500 None Available
Canovai Linda K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lees Kenny C $135,785
Previous Owner Jeffries Nicholas $46,070
Previous Owner Jeffries Nicholas $1,382
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2021 12/20/21 Sold $157,000 +230.6% $131 / Sq Ft
06/29/2015 06/29/15 Off Market $47,495 -- --
03/31/2015 03/31/15 Sold $47,495 -20.7% $35 / Sq Ft View Prior Sale
02/26/2015 02/26/15 Pending -- -- --
01/13/2014 01/13/14 For Sale $59,875 -- $45 / Sq Ft
Source: Triad MLS

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 $881 $132,499 $37,950 $94,549
2024 $881 $132,499 $37,950 $94,549
2023 $881 $132,499 $37,950 $94,549
2022 $651 $87,725 $29,150 $58,575
2021 $651 $87,725 $29,150 $58,575
2020 $651 $87,725 $29,150 $58,575
2019 $651 $87,725 $29,150 $58,575
2018 $575 $78,129 $29,150 $48,979
2017 $575 $78,129 $29,150 $48,979
2016 $575 $78,129 $29,150 $48,979
2015 $584 $78,129 $29,150 $48,979
2014 -- $80,131 $29,150 $50,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1041284

Triad MLS

APN: 322-037