NOT LISTED FOR SALE

502 Cress School Rd Salisbury, NC 28147

Estimated Value: $393,000 - $430,000

3 Beds
2.5 Baths
2,300 Sq Ft
$180/Sq Ft Est. Value

Last Sold June 12, 2015

Last sale price $180,000 $78 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,365/month

70 Days on Market

Highlights

  • Living Room with Fireplace
  • Front Porch
  • Forced Air Heating and Cooling System
  • Elevator
  • Walk-In Closet
  • 2 Car Garage

About This Home

As of June 2015

Well cared for spacious 3 bedroom home with 21x21 rec room or media room. Sitting on a lovely landscaped corner lot. 10x12 storage building. Granite countertops. Enjoy the community pool, clubhouse, walking path & gym.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,279

Year Built

  • Built in 1999

Lot Details

  • Lot Dimensions are 211x200x50x201
  • Level Lot
  • Possible uses of the property include Gardening

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,300 Sq Ft Home
  • Gas Log Fireplace
  • Insulated Windows
  • Living Room with Fireplace
  • Crawl Space
  • Storm Doors

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Front Porch

Schools

  • Knollwood Elementary School
  • Southeast Middle School
  • South Rowan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • Grace Ridge Subdivision
  • Elevator

Listing and Financial Details

  • Assessor Parcel Number 037

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,279

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1999
  • Inclusions: Building
  • Road Frontage Type: Interstate 1 mile or Less
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Interior Amenities: Walk-In Closet(s)
  • Sq Ft Unheated Basement: 0
  • Possible Use: Gardening
  • Appliances: Dishwasher, Exhaust Hood, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 2300
  • Window Features: Insulated Window(s)

Exterior Features

  • Construction Type: Concrete Block, Vinyl, Other - See Remarks
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Septic Installed, None
  • Green Building Features: Elevator
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Southeast

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 037
  • Lot Size: 211x200x50x201
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Knollwood
  • High School: South Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2015
Closed on
May 29, 2015
Sold by
Sullivan Kevin J and Sullivan Jessica
Bought by
Lambert Joshua T and Lambert Tiffrany H
List Price
$192,500
Sold Price
$180,000
Premium/Discount to List
-$12,500
-6.49%
Current Estimated Value
$413,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,394
Avg. Annual Appreciation
8.33%
Original Mortgage
$5,302
Outstanding Balance
$4,112
Interest Rate
3.79%
Mortgage Type
Unknown
Estimated Equity
$409,282

Purchase Details

Closed on
Sep 7, 2005
Sold by
Dalverny Matthew D and Dalverny Renee L
Bought by
Sullivan Kevin J and Sullivan Jessica
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
Lambert Joshua T $180,000 None Available
Sullivan Kevin J $144,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Joshua T $5,302
Open Lambert Joshua T $176,739
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2015 09/13/15 Off Market $180,000 -- --
06/12/2015 06/12/15 Sold $180,000 -6.5% $78 / Sq Ft
04/10/2015 04/10/15 Pending -- -- --
01/30/2015 01/30/15 For Sale $192,500 -- $84 / 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 $2,279 $336,312 $37,500 $298,812
2024 $2,279 $336,312 $37,500 $298,812
2023 $2,279 $336,312 $37,500 $298,812
2022 $1,635 $216,531 $32,000 $184,531
2021 $1,619 $216,531 $32,000 $184,531
2020 $1,619 $216,531 $32,000 $184,531
2019 $1,619 $216,531 $32,000 $184,531
2018 $1,300 $175,402 $28,500 $146,902
2017 $1,300 $175,402 $28,500 $146,902
2016 $1,300 $175,402 $28,500 $146,902
2015 $1,316 $175,402 $28,500 $146,902
2014 $1,063 $148,622 $28,500 $120,122
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R57300

Canopy MLS (Canopy Realtor® Association)

APN: 479-D037