NOT LISTED FOR SALE

408 Lake Dr Salisbury, NC 28144

Estimated Value: $234,000 - $245,493

3 Beds
2 Baths
1,109 Sq Ft
$214/Sq Ft Est. Value

About This Home

This home is located at 408 Lake Dr, Salisbury, NC 28144 and is currently estimated at $237,623, approximately $214 per square foot. 408 Lake Dr is a home located in Rowan County with nearby schools including Granite Quarry Elementary School, Charles C Erwin Middle School, and East Rowan High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2012
Sold by
Fannie Mae
Bought by
Brooks Richard L
Current Estimated Value
$237,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,285
Interest Rate
4.13%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 2011
Sold by
Leonard Derrick J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 20, 2008
Sold by
Cofer Kenneth L
Bought by
Leonard Derrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
5.47%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 27, 2007
Sold by
Home Buyers Of Salisbury Inc
Bought by
Cofer Kenneth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
6.63%
Mortgage Type
Construction
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.

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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.

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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.

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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.

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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
Brooks Richard L -- None Available
Federal National Mortgage Association -- None Available
Leonard Derrick J $115,000 None Available
Cofer Kenneth L $37,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brooks Richard L $89,285
Previous Owner Leonard Derrick J $23,000
Previous Owner Leonard Derrick J $92,000
Previous Owner Cofer Kenneth L $95,200
Previous Owner Cofer Kenneth L $34,000
Source: Public Records

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 $1,838 $180,162 $27,000 $153,162
2024 $1,838 $180,162 $27,000 $153,162
2023 $1,838 $180,162 $27,000 $153,162
2022 $1,239 $112,130 $22,000 $90,130
2021 $1,205 $112,130 $22,000 $90,130
2020 $1,205 $112,130 $22,000 $90,130
2019 $1,205 $112,130 $22,000 $90,130
2018 $1,038 $97,571 $22,000 $75,571
2017 $1,038 $97,571 $22,000 $75,571
2016 $1,038 $97,571 $22,000 $75,571
2015 $1,056 $97,571 $22,000 $75,571
2014 $1,054 $98,471 $22,000 $76,471
Source: Public Records

Map

North Carolina Rowan County Salisbury 28144

408 Lake Dr, Salisbury, NC

This home is located at 408 Lake Dr, Salisbury, NC 28144 and is currently estimated at $237,623, approximately $214 per square foot. 408 Lake Dr is a home located in Rowan County with nearby schools including Granite Quarry Elementary School, Charles C Erwin Middle School, and East Rowan High School.

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