NOT LISTED FOR SALE

402 Gates St Salisbury, NC 28144

Estimated Value: $229,000 - $294,593

4 Beds
2.5 Baths
2,188 Sq Ft
$119/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $256,800 $117 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,624/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Storm Windows
  • Wood Flooring
  • Front Porch
  • Breakfast Bar

About This Home

As of April 2024

Remodeled 4 BR/2.5 BA home with approx. 2200 Heated SF in the Salisbury. Close to VA/Novant Hospitals, Shopping, Dining and Interstate 85. This home has 3 BR/2 BA on First Floor with a Large Family Room and Eat In Kitchen. This Home also has a Finished Walk Out Basement with a Forth BR and Half Bath, Huge Living/Dining Area and Lots of Storage also. Basement would make a great Mother-In-Law Suite or Teen hangout. Also has a Carport in rear entering Basement and sits on a .24 Acre Lot. Home has New Paint Inside and Outside, New LVP Flooring and Newly Refinished Hardwood Flooring, New Light Fixtures and New Plumbing Fixtures, Tile Counter Tops in Kitchen and Baths, New Blinds, New Stove, New Dishwasher (Also includes refrigerator). Move In Ready!!! Schedule your showing today.

Last Agent to Sell the Property

Susan Ayers

HomeZu Brokerage Email: info@clickitrealty.com License #216309 Listed on: 03/01/2024

Last Buyer's Agent

Samantha Allen

Century 21 Towne and Country License #312306

Century 21 Towne and Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,320

Year Built

  • Built in 1953

Lot Details

  • Lot Dimensions are 77 x 145 x 69 x 143
  • Corner Lot
  • Property is zoned R8

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Storm Windows

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Sump Pump
  • French Drain
  • Natural lighting in basement

Parking

  • Attached Carport
  • Driveway
  • On-Street Parking
  • 2 Open Parking Spaces

Accessible Home Design

  • Ramp on the main level

Outdoor Features

  • Patio
  • Front Porch

Schools

  • C.T. Overton Elementary School
  • Knox Middle School
  • Salisbury High School

Utilities

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

Community Details

  • Forest Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 002148

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,320

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1953
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 117.37
  • Geocode Confidence: High
  • Attribution Contact: info@clickitrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cable Prewire, Entrance Foyer
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1574
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1104
  • Sq Ft Unheated Main: 48
  • Sq Ft Unheated Total: 1152
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 1574
  • Accessibility Features: Ramp(s)-Main Level
  • Has Basement: Daylight, French Drain, Interior Entry, Partially Finished, Sump Pump, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 614
  • Door Features: Insulated Door(s)
  • Fireplace Features: Family Room, Gas Log, Gas Starter, Gas Unvented
  • Living Area: 2188
  • Window Features: Storm Window(s)
  • Bedroom Main: 3
  • Room Count: 1
  • Bedroom Basement: 1

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, Driveway, On Street

Utilities

  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air, Heat Pump
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Gas
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.24
  • Lot Size Units: Acres
  • Parcel Number: 002148
  • Lot Size: 77 X 145 X 69 X 143
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R8

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: C.t. Overton
  • High School: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Apr 10, 2024
Sold by
Jsf Builders Inc
Bought by
Gilsbach Robert and Gilsbach Donna
Seller's Agent
Susan Ayers
HomeZu
Buyer's Agent
Samantha Allen
Century 21 Towne and Country
List Price
$249,000
Sold Price
$256,800
Premium/Discount to List
$7,800
3.13%
Views
111
Current Estimated Value
$261,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,599
Avg. Annual Appreciation
-2.04%
Original Mortgage
$264,964
Interest Rate
5%
Mortgage Type
VA

Purchase Details

Listed on
Sep 26, 2023
Closed on
Nov 28, 2023
Sold by
Vrmtg Asset Trust
Bought by
Jsf Builders Inc
Seller's Agent
Lisa Revis
Southern Charm Realty Inc
Buyer's Agent
Eric Dorer
Eric J Dorer Real Estate
List Price
$124,900
Sold Price
$129,000
Premium/Discount to List
$4,100
3.28%
Views
427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
657.58%

Purchase Details

Closed on
Jun 8, 2023
Sold by
Goddard & Peterson Pllc
Bought by
Vrmtg Asset Trust

Purchase Details

Listed on
May 13, 2013
Closed on
Oct 1, 2013
Sold by
Adams William P and Adams Cassandra L
Bought by
Weger Violet P and Weger Campilonga Rayleen
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$78,500
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2009
Sold by
Byers Warlick Laine and Byers Jennifer
Bought by
Adams William P and Adams Cassandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,750
Interest Rate
5.26%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 2008
Sold by
Us Bank National Association
Bought by
Byers Warlick Laine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
6.11%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 24, 2008
Sold by
Morgan Michael D and Menster Carolyn T
Bought by
Us Bank Na and Jp Morgan Mortgage Acquisition Corp 2005

Purchase Details

Closed on
Apr 1, 2005
Sold by
Neuhardt Craig A and Johnson Susan K
Bought by
Morgan Michael D and Menster Carolyn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,080
Interest Rate
7.35%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gilsbach Robert $256,500 None Listed On Document
Jsf Builders Inc $129,000 Servicelink
Vrmtg Asset Trust $79,989 None Listed On Document
Weger Violet P $125,000 Statewide Title Inc
Adams William P $110,000 None Available
Byers Warlick Laine $50,000 None Available
Us Bank Na $81,600 None Available
Morgan Michael D $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilsbach Robert $272,089
Closed Gilsbach Robert $264,964
Previous Owner Weger Violet P $78,500
Previous Owner Adams William P $101,750
Previous Owner Byers Warlick Laine $52,500
Previous Owner Morgan Michael D $102,080
Closed Morgan Michael D $25,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $256,800 +3.1% $117 / Sq Ft
03/01/2024 03/01/24 For Sale $249,000 +93.0% $114 / Sq Ft
12/08/2023 12/08/23 Sold $129,000 +3.3% $62 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
09/26/2023 09/26/23 For Sale $124,900 -0.1% $60 / Sq Ft
01/05/2014 01/05/14 Off Market $125,000 -- --
10/04/2013 10/04/13 Sold $125,000 -3.8% $79 / Sq Ft
08/30/2013 08/30/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $129,900 -- $83 / 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 $2,320 $194,002 $25,550 $168,452
2024 $2,320 $194,002 $25,550 $168,452
2023 $2,576 $215,426 $25,550 $189,876
2022 $1,787 $129,785 $20,440 $109,345
2021 $1,787 $129,785 $20,440 $109,345
2020 $1,787 $129,785 $20,440 $109,345
2019 $1,787 $129,785 $20,440 $109,345
2018 $1,589 $116,928 $20,440 $96,488
2017 $1,580 $116,928 $20,440 $96,488
2016 $1,537 $116,928 $20,440 $96,488
2015 $1,546 $116,928 $20,440 $96,488
2014 $1,663 $127,241 $20,440 $106,801
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4114293

Canopy MLS (Canopy Realtor® Association)

APN: 002-148