NOT LISTED FOR SALE

425 Drake Ln Salisbury, NC 28146

Estimated Value: $395,826 - $426,000

Studio
-- Bath
2,190 Sq Ft
$189/Sq Ft Est. Value

About This Home

This home is located at 425 Drake Ln, Salisbury, NC 28146 and is currently estimated at $412,957, approximately $188 per square foot. 425 Drake Ln is a home 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
Dec 9, 2021
Sold by
Rimmer John Michael and Rimmer Daryce Evans
Bought by
Johnson Jay R and Johnson Judith A
Current Estimated Value
$412,957

Purchase Details

Closed on
Oct 31, 2017
Sold by
Spencer Lane Construction Llc
Bought by
Rimmer John Michael and Rimmer Daryce Evans

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Johnson Jay R $350,000 None Available
Rimmer John Michael $230,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rimmer John Michael $167,000
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 $4,687 $391,924 $34,000 $357,924
2024 $4,687 $391,924 $34,000 $357,924
2023 $4,687 $391,924 $34,000 $357,924
2022 $3,428 $248,961 $34,000 $214,961
2021 $3,428 $248,961 $34,000 $214,961
2020 $3,428 $248,961 $34,000 $214,961
2019 $3,428 $248,961 $34,000 $214,961
2018 $3,025 $222,657 $34,000 $188,657
2017 $460 $34,000 $34,000 $0
2016 $27 $34,000 $34,000 $0
Source: Public Records

Map

North Carolina Rowan County Salisbury 28146

425 Drake Ln, Salisbury, NC

Not Listed for Sale

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