NOT LISTED FOR SALE

409 Gates St Unit 28* Salisbury, NC 28144

Estimated Value: $340,000 - $381,000

4 Beds
3 Baths
2,792 Sq Ft
$126/Sq Ft Est. Value

Last Sold April 10, 2017

Last sale price $160,000 $57 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,178/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Attached Garage
  • Storm Doors
  • Wood Flooring
  • Breakfast Bar
  • Level Lot

About This Home

As of April 2017

Spacious rooms, wood floors, 3 fireplaces, great built-in cabinets and bookcases. Big living room. Huge Great Room opens to 12x18 screened porch and 13x18 deck. Rec room with f/p. 4th bedroom in basement does not have window. Includes part of lots #29, #31 and #32.

Last Agent to Sell the Property

Margaret Lipe

Wallace Realty License #41380 Listed on: 02/17/2017

Last Buyer's Agent

Robin Saine

Main Realty LLC License #288353

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 0.36

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 3 Full Bathrooms
  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space
  • Permanent Attic Stairs
  • Storm Doors

Kitchen

  • Breakfast Bar
  • Oven

Flooring

  • Wood
  • Tile
  • Vinyl

Additional Features

  • Level Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 002 151
  • Tax Block 727

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.97859
  • Ratio Close Price By Original Li: 0.97859
  • Ratio Current Price By Acre: 444444.44
  • Ratio Current Price By Sq Ft: 57.31
  • Year Built: 1953
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Inside Entrance, Crawl Space
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace Description: Gas Logs, Great Room, Living Room, Rec Room
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Attic Stairs Fixed, Breakfast Bar, Built-Ins, Cable Available, Pantry
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Basement: 636
  • Main Level Sq Ft: 2156
  • Total Sq Ft: 2792
  • Sq Ft Unheated Basement: 375
  • Sq Ft Unheated Total: 375

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Features: Level, Sloping
  • Lot Size Area: 0.360
  • Parcel Number: 002 151
  • Plat Book Slide: 9995
  • Plat Reference Section Pages: 584
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 162918.00
  • Tax Block: 727
  • Tax Location: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2018
Sold by
Friend Michael and Friend Lee Ann
Bought by
Nguyen Tina H
Current Estimated Value
$352,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$146,556
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$213,617

Purchase Details

Listed on
Feb 17, 2017
Closed on
Apr 10, 2017
Sold by
Parrott Martha Marie and Jance Martha Parrott
Bought by
Friend Michael and Friend Lee Ann
Seller's Agent
Margaret Lipe
Wallace Realty
Buyer's Agent
Robin Saine
Main Realty LLC
List Price
$163,500
Sold Price
$160,000
Premium/Discount to List
-$3,500
-2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$144,000
Interest Rate
4.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Nguyen Tina H $175,000 None Available
Friend Michael $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Tina H $165,000
Previous Owner Friend Michael $144,000
Previous Owner Parrott Martha M $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2017 04/10/17 Sold $160,000 -2.1% $57 / Sq Ft
02/24/2017 02/24/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $163,500 -- $59 / 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 $3,564 $298,018 $39,284 $258,734
2024 $3,564 $298,018 $39,284 $258,734
2023 $3,564 $298,018 $39,284 $258,734
2022 $2,750 $199,699 $29,070 $170,629
2021 $2,750 $199,699 $29,070 $170,629
2020 $2,750 $199,699 $29,070 $170,629
2019 $2,750 $199,699 $29,070 $170,629
2018 $2,214 $162,918 $29,070 $133,848
2017 $2,202 $162,918 $29,070 $133,848
2016 $2,142 $162,918 $29,070 $133,848
2015 $2,155 $162,918 $29,070 $133,848
2014 $2,195 $167,977 $29,070 $138,907
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3253523

Canopy MLS (Canopy Realtor® Association)

APN: 002-151