NOT LISTED FOR SALE

450 E Ridge Rd Salisbury, NC 28144

Estimated Value: $164,000

0.82 Acre
$200,000 Price per Acre
35,719 Sq Ft Lot

Last Sold September 20, 2024

Last sale price $30,000

Est. 447% increase in value since last sale

Current estimated payment $889/month

19 Days on Market

About This Lot

As of September 2024

Sold as is where is. Subject to court approval. Old building in property being sold at no value. All contents remain with property.

Last Agent to Sell the Property

Mark Walters

Home Realty and Mortgage LLC Brokerage Email: mwalters@homerealtyandmortgage.com License #241155 Listed on: 07/18/2024

Last Buyer's Agent

Terlin Johnson

Home Realty and Mortgage LLC License #201287

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $188

Lot Details

  • Possible uses of the property include Residential
  • Property is zoned RA

Schools

  • North Rowan Elementary And Middle School
  • North Rowan High School

Listing and Financial Details

  • Assessor Parcel Number 310B019

Property Details

Property Type

Land

Est. Annual Taxes

$188

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: Yes
  • Restrictions: No Representation
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: mwalters@homerealtyandmortgage.com
  • Special Features: None

Interior Features

  • Possible Use: Residential

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: North Rowan
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.82
  • Lot Size Units: Acres
  • Parcel Number: 310B019
  • Zoning: RA
  • Plat Book Slide: 9995/523
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 523
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA

MLS Schools

  • Elementary School: North Rowan
  • High School: North Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Sep 20, 2024
Sold by
Hudson John T
Bought by
Hoffman Construction Of Salisbury Llc
Seller's Agent
Mark Walters
Home Realty and Mortgage LLC
Buyer's Agent
Terlin Johnson
Home Realty and Mortgage LLC
List Price
$39,900
Sold Price
$30,000
Premium/Discount to List
-$9,900
-24.81%
Views
9
Current Estimated Value
$164,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,000
Avg. Annual Appreciation
428.76%
Original Mortgage
$22,500
Outstanding Balance
$22,247
Interest Rate
6.47%
Mortgage Type
Credit Line Revolving
Estimated Equity
$141,753
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
Hoffman Construction Of Salisbury Llc $30,000 None Listed On Document
Hoffman Construction Of Salisbury Llc $30,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Construction Of Salisbury Llc $22,500
Closed Hoffman Construction Of Salisbury Llc $22,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2024 09/20/24 Sold $30,000 -24.8% --
07/18/2024 07/18/24 For Sale $39,900 -- --
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 $188 $28,000 $28,000 $0
2024 $188 $28,000 $28,000 $0
2023 $188 $28,000 $28,000 $0
2022 $150 $20,000 $20,000 $0
2021 $146 $20,000 $20,000 $0
2020 $146 $20,000 $20,000 $0
2019 $146 $20,000 $20,000 $0
2018 $145 $20,000 $20,000 $0
2017 $145 $20,000 $20,000 $0
2016 $145 $20,000 $20,000 $0
2015 $147 $20,000 $20,000 $0
2014 $134 $18,616 $18,616 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4162602

Canopy MLS (Canopy Realtor® Association)

APN: 310-B019