NOT LISTED FOR SALE

408 Wake Dr Salisbury, NC 28144

Estimated Value: $397,000 - $419,517

5 Beds
3.5 Baths
2,570 Sq Ft
$161/Sq Ft Est. Value

Last Sold March 10, 2014

Last sale price $160,000 $62 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $2,481/month

67 Days on Market

Highlights

  • 0.77 Acre Lot
  • Elevator
  • Walk-In Closet
  • Great Room with Fireplace
  • Skylights
  • Patio

About This Home

As of March 2014

5 Bedroom 3.5 Bathroom home has 3,570 heated square feet, 3/4 Acre lot with fully fenced rear yard, established neighborhood, kidney shaped in ground pool, large 2 car garage, great location, connected to green way trails, & ecological preserve. Home is close to hospitals, parks, colleges, churches, markets, arts, culture, downtown, interstates, & airports. Move in ready with some updates.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 0.77 Acre Lot
  • Property fronts an interstate
  • Level Lot
  • Possible uses of the property include Residential

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Metal Siding

Interior Spaces

  • Skylights
  • Gas Log Fireplace
  • Insulated Windows
  • Great Room with Fireplace
  • Permanent Attic Stairs
  • Finished Basement

Kitchen

  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Patio

Schools

  • Overton Elementary School
  • Knox Middle School
  • Salisbury High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Private Sewer

Community Details

  • Eagle Heights Subdivision
  • Elevator

Listing and Financial Details

  • Assessor Parcel Number 208

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1974
  • Restrictions: Manufactured Home Not Allowed,Other - See Remarks
  • Road Frontage Type: Interstate
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 160.00
  • Special Features: 12

Interior Features

  • Interior Amenities: Attic Stairs Fixed, Walk-In Closet(s)
  • Sq Ft Unheated Basement: 100
  • Possible Use: Residential
  • Appliances: Dishwasher, Exhaust Hood
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1000
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 2570
  • Window Features: Insulated Window(s), Skylight(s)

Exterior Features

  • Construction Type: Brick Partial, Metal
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • Sewer: Private Sewer, Other - See Remarks
  • Green Building Features: Elevator
  • Cooling: Central Air, Heat Pump
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Knox

Lot Info

  • Lot Features: Flood Plain/Bottom Land, Level
  • Lot Size Units: Acres
  • Parcel Number: 208
  • Lot Size Acres: 0.77
  • Lot Size Sq Ft: 33541
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Overton
  • High School: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2015
Sold by
Mayo Brian D and Mayo Kerri
Bought by
Rollins William P and Rollins Dana B
Current Estimated Value
$412,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,957
Outstanding Balance
$127,582
Interest Rate
3.79%
Mortgage Type
FHA
Estimated Equity
$285,047

Purchase Details

Listed on
Nov 22, 2013
Closed on
Mar 10, 2014
Sold by
Rodgers Diane Smith and Rodgers Chris Ernest
Bought by
Mayo Brian D and Mayo Kerri
List Price
$171,777
Sold Price
$160,000
Premium/Discount to List
-$11,777
-6.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
Original Mortgage
$164,280
Interest Rate
4.43%
Mortgage Type
VA

Purchase Details

Closed on
Aug 3, 2012
Sold by
Smith Dora Efird
Bought by
Smith Rodgers Diane
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
Rollins William P $168,000 None Available
Mayo Brian D $160,000 None Available
Smith Rodgers Diane -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rollins William P $164,957
Previous Owner Mayo Brian D $164,280
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2014 06/08/14 Off Market $160,000 -- --
03/10/2014 03/10/14 Sold $160,000 -6.9% $62 / Sq Ft
01/28/2014 01/28/14 Pending -- -- --
11/22/2013 11/22/13 For Sale $171,777 -- $67 / 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 $4,062 $339,657 $37,500 $302,157
2024 $4,062 $339,657 $37,500 $302,157
2023 $4,062 $339,657 $37,500 $302,157
2022 $3,210 $233,108 $34,500 $198,608
2021 $3,210 $233,108 $34,500 $198,608
2020 $3,210 $233,108 $34,500 $198,608
2019 $3,210 $233,108 $34,500 $198,608
2018 $2,743 $201,881 $34,500 $167,381
2017 $2,728 $201,881 $34,500 $167,381
2016 $2,654 $201,881 $34,500 $167,381
2015 $2,670 $201,881 $34,500 $167,381
2014 -- $208,823 $34,500 $174,323
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R55824

Canopy MLS (Canopy Realtor® Association)

APN: 325-B208

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