NOT LISTED FOR SALE

409 Gates St Salisbury, NC 28144

Estimated Value: $325,000 - $368,000

3 Beds
3 Baths
2,728 Sq Ft
$128/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $175,000 $64 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,130/month

42 Days on Market

Highlights

  • Fireplace
  • Breakfast Bar
  • Attic Fan
  • Attached Garage

About This Home

As of October 2018

Stunning and move-in ready!Well maintained brick ranch with partially finished basement. Well established, friendly neighborhood conveniently located near downtown Salisbury. Enjoy entertaining on the screened in back porch and deck area. The back yard is private with multiple fenced in areas. Once winter comes you will love curling up by one of the 3 fireplaces this home has to offer. Kitchen features brand new appliances that will stay with the home. There's a breakfast bar and large built in's. The basement has a full bathroom, 4th bedroom (no window) and a rec/flex room. Sellers hate to leave this lovely home but they need to get back to Washington State and aging/sick parents. This home has been well loved and cared for. Tons of space and character. Come see for yourself!

Last Agent to Sell the Property

Robin Saine

Main Realty LLC License #288353 Listed on: 08/11/2018

Last Buyer's Agent

Brianne Watson

Lantern Realty & Development, LLC License #293189

Lantern Realty & Development, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 0.36

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3 Full Bathrooms
  • Fireplace
  • Crawl Space
  • Breakfast Bar

Attic

  • Attic Fan
  • Permanent Attic Stairs

Listing and Financial Details

  • Assessor Parcel Number 002151

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
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97222
  • Ratio Close Price By Original Li: 0.97222
  • Ratio Current Price By Acre: 486111.11
  • Ratio Current Price By Sq Ft: 64.15
  • 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: 3
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Range, Microwave, Refrigerator, Electric Oven
  • Fireplace Description: Great Room, Living Room, Rec Room
  • Fireplace: Yes
  • Fixture Exception Description: TV mount in bedroom
  • Fixture Exception Yn: Yes
  • Interior Amenities: Attic Fan, Attic Stairs Fixed, Breakfast Bar, Built-Ins
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Additional: 225
  • Sq Ft Basement: 576
  • Main Level Sq Ft: 2152
  • Total Sq Ft: 2728
  • Sq Ft Unheated Basement: 386
  • Sq Ft Unheated Total: 386

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

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

Lot Info

  • Parcel Number: 002151
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 162918.00
  • Tax Location: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2018
Closed on
Oct 29, 2018
Sold by
Friend Michael and Friend Lee Ann
Bought by
Nguyen Tina H
Seller's Agent
Robin Saine
Main Realty LLC
Buyer's Agent
Brianne Watson
Lantern Realty & Development, LLC
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%
Current Estimated Value
$348,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,557
Avg. Annual Appreciation
10.13%
Original Mortgage
$165,000
Outstanding Balance
$144,548
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$204,009

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
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
5.91%
Original Mortgage
$144,000
Interest Rate
4.16%
Mortgage Type
New Conventional
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
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2018 10/30/18 Sold $175,000 -2.8% $64 / Sq Ft
09/22/2018 09/22/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $180,000 0.0% $66 / Sq Ft
09/05/2018 09/05/18 Pending -- -- --
08/11/2018 08/11/18 For Sale $180,000 +12.5% $66 / Sq Ft
07/12/2017 07/12/17 Off Market $160,000 -- --
04/10/2017 04/10/17 Sold $160,000 -2.1% $74 / Sq Ft View Prior Sale
03/01/2017 03/01/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $163,500 -- $76 / 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: CAR3423543

Canopy MLS (Canopy Realtor® Association)

APN: 002-151