NOT LISTED FOR SALE

404 Inverness Ln Salisbury, NC 28146

Estimated Value: $356,389 - $403,000

3 Beds
2.5 Baths
2,890 Sq Ft
$132/Sq Ft Est. Value

Last Sold February 26, 2018

Last sale price $169,000 $58 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,331/month

72 Days on Market

Highlights

  • Traditional Architecture
  • Attached Garage
  • Carpet

About This Home

As of February 2018

Beautiful 3 bedroom, 2.5 bath home located in the Drummond Village Subdivision in Salisbury, NC. Laundry room and large great room on the second floor. Each bedroom has a walk in closet with the master having an over sized walk in closet. The home also includes a spacious two car garage with overhead storage and a large fenced in backyard.

Last Agent to Sell the Property

Lauren Pierce

I Save Realty License #84274 Listed on: 11/21/2017

Last Buyer's Agent

Paula Purvis

RE/MAX Executive License #298832

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 56x169x101x193

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Oven

Flooring

  • Carpet
  • Vinyl

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Drummond Village Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 065H141

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0.32 Acres

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.99412
  • Ratio Close Price By Original Li: 0.99412
  • Ratio Current Price By Acre: 528125.00
  • Ratio Current Price By Sq Ft: 58.48
  • Year Built: 2007
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1624
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), CO Detector, Cable Prewire, Cooktop Electric, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Exhaust Fan, Ice Maker Connection, Microwave, Oven, Refrigerator, Self Cleaning Oven, Security System, Electric Oven
  • Flooring: Carpet, Vinyl
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1266
  • Total Sq Ft: 2890
  • Sq Ft Unheated Main: 380
  • Sq Ft Unheated Total: 380

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener, Keypad Entry

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Gas Water Heater, Multizone A/C, MultiZone Heat, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 150.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Drummond Village Home Owners Association
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 56x169x101x193
  • Parcel Number: 065H141
  • Zoning Specification: RES

Tax Info

  • Tax Value: 154020.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2017
Closed on
Feb 16, 2018
Sold by
Mullinax Pbilip W and Mullinax Limary S
Bought by
Vang Pheng and Saemua Netpreeya
Seller's Agent
Lauren Pierce
I Save Realty
Buyer's Agent
Paula Purvis
RE/MAX Executive
List Price
$170,000
Sold Price
$169,000
Premium/Discount to List
-$1,000
-0.59%
Current Estimated Value
$381,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,847
Avg. Annual Appreciation
10.63%
Original Mortgage
$164,957
Outstanding Balance
$143,863
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$237,984

Purchase Details

Closed on
Dec 6, 2007
Sold by
C P Morgan Communities Of Charlotte Llc
Bought by
Mullinax Philip W and Mullinax Limary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,365
Interest Rate
6.29%
Mortgage Type
VA

Purchase Details

Closed on
Apr 4, 2007
Sold by
Pilot Developers Llc
Bought by
Cp Morgan Communities Of Charlotte Llc
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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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
Vang Pheng $169,000 None Available
Mullinax Philip W $181,500 None Available
Cp Morgan Communities Of Charlotte Llc $390,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vang Pheng $164,957
Previous Owner Mullinax Philip W $181,365
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2018 02/26/18 Sold $169,000 -0.6% $58 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
11/21/2017 11/21/17 For Sale $170,000 -- $59 / 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 $3,711 $310,287 $32,500 $277,787
2024 $3,711 $310,287 $32,500 $277,787
2023 $3,711 $310,287 $32,500 $277,787
2022 $2,371 $172,165 $25,000 $147,165
2021 $2,371 $172,165 $25,000 $147,165
2020 $2,371 $172,165 $25,000 $147,165
2019 $2,371 $172,165 $25,000 $147,165
2018 $2,093 $154,020 $25,000 $129,020
2017 $2,082 $154,020 $25,000 $129,020
2016 $2,025 $154,020 $25,000 $129,020
2015 $2,037 $154,020 $25,000 $129,020
2014 $2,113 $161,667 $28,500 $133,167
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lauren Pierce

    I Save Realty

    Section Image

  • P

    Buyer's Agent in 2018

    Paula Purvis

    RE/MAX

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3338772

Canopy MLS (Canopy Realtor® Association)

APN: 065-H141

North Carolina Rowan County Salisbury 28146

404 Inverness Ln, Salisbury, NC

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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