NOT LISTED FOR SALE

402 Salem Fork Rd Elkin, NC 28621

Estimated Value: $320,000 - $413,000

2 Beds
2 Baths
2,500 Sq Ft
$144/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $218,000 $87 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,999/month

126 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Views
  • Dobson Elementary School Rated A
  • Porch
  • Attached Carport

About This Home

As of September 2020

Designer home for sale in Dobson! Nearly 180 degree mountain views! Full interior/exterior renovation: stainless appliances in kitchen, butcher block island, antique brick backsplash, BEAUTIFULLY lit with farmhouse fixtures and recessed lighting throughout. Walkin closet off master with barn door! Beadboard walls. Finished basement with bathroom, game room, bonus room with walkin closet & new laundry. Outside: new vinyl accent siding, new deck, concrete driveway, & landscaping! No detail has been spared!

Last Agent to Sell the Property

Brenna Pearl

Realty One Group Results Dobson License #290176 Listed on: 03/30/2020

Realty One Group Results Dobson

Last Buyer's Agent

Nathaniel Birdsong

Salem Realty License #281090

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $694

Year Built

  • Built in 1958

Lot Details

  • 1.03 Acre Lot
  • Street terminates at a dead end
  • Rural Setting
  • Level Lot
  • Cleared Lot
  • Property is zoned RA

Parking

  • 2 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,344 Sq Ft Home
  • 2,100-2,500 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Finished Basement
  • Laundry in Basement
  • Free-Standing Range
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Porch

Schools

  • Central Middle School
  • Surry Central High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 497600438167
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$694

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.03
  • Lot Size: 1.03 +/- acres
  • Subdivision Name: None
  • Directions: From Hwy 77, turn onto Zephyr Road toward Dobson. Turn right immediately onto Twin Oaks Road, beside the BP station. Turn right onto Salem Fork. House is at the end of the road on the right.
  • Above Grade Finished Sq Ft: 2344
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1958
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 800 - 1000
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2100 - 2500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_AdCopy: Designer home near Shelton Vineyards w/ nearly 180 degree mountain views! Full interior/exterior renovation March 2020. 2 bedrooms upstairs, 2 more possible in finished basement. Open-concept farmhouse kitchen & LR, master BR w/ barn door, must see!!
  • Special Features: VirtualTour

Interior Features

  • Appliances: Slide-In Oven/Range, Gas Water Heater
  • Flooring: Wood
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 2344
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsLower: 1

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Dead End, Level, Rural, Views
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Septic Tank
  • Laundry Features: In Basement
  • Cooling: Central Air
  • Heating: Heat Pump, Natural Gas
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Dobson
  • High School: Surry Central
  • Middle Or Junior School: Central

Lot Info

  • Parcel #: 497600438167
  • Zoning: RA
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 694
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2020
Closed on
Aug 31, 2020
Sold by
Johnson Ellen and Johnson Thomas E
Bought by
Perry Kathleen D and Perry Clayton A
Seller's Agent
Brenna Pearl
Realty One Group Results Dobson
Buyer's Agent
Nathaniel Birdsong
Salem Realty
List Price
$247,900
Sold Price
$218,000
Premium/Discount to List
-$29,900
-12.06%
Current Estimated Value
$360,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,227
Avg. Annual Appreciation
9.88%
Original Mortgage
$174,400
Outstanding Balance
$154,705
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$205,522

Purchase Details

Closed on
Nov 26, 2019
Sold by
Martin Travis S
Bought by
Johnson Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,600
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2004

Purchase Details

Closed on
Jun 1, 2002

Purchase Details

Closed on
Apr 1, 2002

Purchase Details

Closed on
Jun 1, 1998

Purchase Details

Closed on
Aug 1, 1988
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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Purchase History

Date Buyer Sale Price Title Company
Perry Kathleen D $218,000 None Available
Johnson Ellen $133,000 --
-- -- --
-- -- --
-- $96,500 --
-- $70,000 --
-- $31,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Kathleen D $174,400
Previous Owner Johnson Ellen $120,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2020 09/21/20 Sold $218,000 -12.1% $104 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
03/30/2020 03/30/20 For Sale $247,900 -- $118 / 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 $1,607 $267,650 $14,000 $253,650
2024 $1,421 $216,270 $14,000 $202,270
2023 $1,397 $216,270 $14,000 $202,270
2022 $1,386 $216,270 $14,000 $202,270
2021 $1,410 $216,270 $14,000 $202,270
2020 $1,361 $202,420 $14,000 $188,420
2019 $694 $100,250 $12,600 $87,650
2018 $682 $100,250 $0 $0
2017 $691 $100,250 $0 $0
2016 $684 $100,250 $0 $0
2013 -- $100,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 971517

Triad MLS

APN: 4976-00-43-8167