NOT LISTED FOR SALE

429 Drake Ln Salisbury, NC 28146

Estimated Value: $374,107 - $394,000

2 Beds
2 Baths
1,916 Sq Ft
$202/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $299,900 $157 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,499/month

13 Days on Market

Highlights

  • Active Adult
  • Clubhouse
  • Attached Garage
  • Open Floorplan
  • 1.5-Story Property
  • Walk-In Closet

About This Home

As of June 2021

This bright, beautiful home is in a great over 55 neighborhood and is one of the largest homes in the neighborhood. The home has been very well maintained and has a very open and functional floorplan. This home has a Dining room which opens to a covered patio for outdoor grilling, or just sitting out and enjoying a cool drink on a hot day, which you can also enjoy on the front porch. A unique feature surrounding the fireplace sets off the Living area, for relaxing or watching TV. The bonus room can be used for storage, exercise area, or maybe an office in the corner as well. But, if you choose, you can exercise at the clubhouse. This is a 55+ Community, however they allow 20% of the owners less than 55years old in to the community. Currently there is some availability under 55, BUT everyone living in the home must be over 18.

Last Agent to Sell the Property

Bruce Smith

Highgarden Real Estate License #185222 Listed on: 04/23/2021

Last Buyer's Agent

Barbara Lomax

Wallace Realty License #198935

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • Level Lot
  • Open Lot
  • Irrigation

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • 1.5-Story Property
  • Slab Foundation
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Kitchen Island

Flooring

  • Laminate
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4031010

Community Details

Overview

  • Active Adult
  • The Gables At Kepley Farms Association, Phone Number (704) 216-1454

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0

HOA Fees

$125 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 2306923.08
  • Ratio Current Price By Sq Ft: 156.52
  • Year Built: 2018
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 265
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Ceiling Fan(s), CO Detector, Cooktop Electric, Dishwasher, Disposal, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave
  • Fireplace Description: Gas Logs, Gas Vented, Great Room
  • Flooring: Laminate Tile, Vinyl Plank
  • H O A Management Phone: 704-216-1454
  • Interior Amenities: Cable Available, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 111
  • Main Level Sq Ft: 1651
  • Total Sq Ft: 1916

Exterior Features

  • Construction: Stone, Vinyl
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation, Wired Internet Available

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: 55 and Older, Club House, Sidewalk
  • Association Fee: 125.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: The Gables at Kepley Farms
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 55X110
  • Lot Features: Level, Open Lot
  • Parcel Number: 4031010
  • Plat Reference Section Pages: 380
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 227575.00
  • Tax Location: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jun 8, 2021
Sold by
Kennedy Robert Hays and Kennedy Linda Darlene
Bought by
Popple David P and Popple Linda A
Seller's Agent
Bruce Smith
Highgarden Real Estate
Buyer's Agent
Barbara Lomax
Wallace Realty
List Price
$299,900
Sold Price
$299,900
Current Estimated Value
$386,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,627
Avg. Annual Appreciation
5.72%
Original Mortgage
$284,900
Outstanding Balance
$257,941
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$128,586

Purchase Details

Closed on
Feb 15, 2018
Sold by
Spencer Lane Construction Llc
Bought by
Kennedy Robert Hays and Kennedy Linda Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,969
Interest Rate
3.95%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jan 1, 2015
Bought by
Spencer Lane Construction Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Popple David P $300,000 None Available
Kennedy Robert Hays $239,500 None Available
Spencer Lane Construction Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Popple David P $284,900
Previous Owner Kennedy Robert Hays $358,969
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2021 06/10/21 Sold $299,900 0.0% $157 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $299,900 -- $157 / 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 $4,257 $355,968 $34,000 $321,968
2024 $4,257 $355,968 $34,000 $321,968
2023 $4,257 $355,968 $34,000 $321,968
2022 $3,134 $227,575 $34,000 $193,575
2021 $3,134 $227,575 $34,000 $193,575
2020 $3,134 $227,575 $34,000 $193,575
2019 $3,134 $227,575 $34,000 $193,575
2018 $2,780 $204,632 $34,000 $170,632
2017 $460 $34,000 $34,000 $0
2016 $27 $34,000 $34,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3730720

Canopy MLS (Canopy Realtor® Association)

APN: 403-I010