NOT LISTED FOR SALE

Estimated Value: $381,000 - $681,000

2 Beds
2.5 Baths
2,092 Sq Ft
$227/Sq Ft Est. Value

Last Sold August 15, 2014

Last sale price $307,500 $147 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,734/month

22 Days on Market

Highlights

  • The property is located in a historic district
  • Traditional Architecture
  • No HOA
  • Great Room with Fireplace
  • Wood Flooring
  • Ceiling Fan

About This Home

As of August 2014

Old Salem, Third House, c. 1767, reconstructed in 1969 by the Gray family. Gracious full depth entry hall. Living room on main level and great room on lower level, both with fireplaces and entire walls of built-ins. Flexible floor plan adaptable to modern needs. Great storage throughout. Beautiful wood floors. Each bedroom has its own bath, generous size closets. Lovely shady fenced back yard with patio has space to add a garden. Local Historic Landmark with tax deferment, Deed and Covenant property.

Last Agent to Sell the Property

Kim Mitchell

Leonard Ryden Burr Real Estate License #130938 Listed on: 06/11/2014

Last Buyer's Agent

Kim Mitchell

Leonard Ryden Burr Real Estate License #130938 Listed on: 06/11/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,275

Year Built

  • Built in 1767

Lot Details

  • 3,920 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2,092 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Great Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dishwasher
  • Dryer Hookup
  • Finished Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Location

  • The property is located in a historic district

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Old Salem Subdivision

Listing and Financial Details

  • Legal Lot and Block 109A / 0559
  • Assessor Parcel Number 6853238756
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,275

Year Built

Built in 1767

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Subdivision Name: Old Salem
  • Directions: 1-40 to L) Broad St, L) Academy into Old Salem Historic District, L) Main Street
  • Above Grade Finished Sq Ft: 2092
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Year Built: 1767
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 806
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2092
  • TRIADMLS_PorchYN: No
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Historic
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Oven, Cooktop, Dishwasher, Electric Water Heater
  • Flooring: Carpet, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Pantry
  • Has Basement: Finished, Unfinished, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 806
  • Fireplace Features: Great Room, Living Room
  • Fireplaces: 2
  • Living Area: 2092
  • Main Level Bathrooms: 1
  • TRIADMLS_HalfBathsLower: 1
  • Attic Description: Eave Storage
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: Fenced
  • Lot Features: City Lot, Historic District, Level
  • Construction Type: Brick, Wood Siding

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Security System
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6853238756
  • Zoning: H
  • TRIADMLS_DeedPage: 1173
  • TRIADMLS_DeedBook: 1242

Tax Info

  • Tax Annual Amount: 1274.86
  • Tax Block: 0559
  • Tax Lot: 109A
  • Tax Map Number: 630850
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 1.2468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2014
Closed on
Aug 13, 2014
Sold by
Rossi Theodore A and Rossi Nancy H
Bought by
Walter William R and Walter Karen C
Seller's Agent
Kim Mitchell
Leonard Ryden Burr Real Estate
Buyer's Agent
Kim Mitchell
Leonard Ryden Burr Real Estate
List Price
$325,000
Sold Price
$307,500
Premium/Discount to List
-$17,500
-5.38%
Current Estimated Value
$475,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,538
Avg. Annual Appreciation
3.97%
Original Mortgage
$246,000
Outstanding Balance
$188,676
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$285,188
Source: Public Records

Range of Values:

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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
Walter William R $307,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walter William R $135,000
Open Walter William R $246,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2014 08/15/14 Sold $307,500 -5.4% $147 / Sq Ft
07/04/2014 07/04/14 Pending -- -- --
06/11/2014 06/11/14 For Sale $325,000 -- $155 / Sq Ft
Source: Triad MLS

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
2024 $2,433 $363,500 $43,200 $320,300
2023 $2,433 $363,500 $43,200 $320,300
2022 $2,388 $363,500 $43,200 $320,300
2021 $2,345 $363,500 $43,200 $320,300
2020 $2,427 $351,500 $34,200 $317,300
2019 $2,445 $351,500 $34,200 $317,300
2018 $2,321 $351,500 $34,200 $317,300
2016 $1,346 $204,531 $30,618 $173,913
2015 $2,650 $204,531 $30,618 $173,913
2014 $1,285 $204,531 $30,618 $173,913
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 709793

Triad MLS

APN: 6835-23-8756