NOT LISTED FOR SALE

5020 Millbridge Rd Salisbury, NC 28147

Estimated Value: $402,000 - $615,468

5 Beds
3 Baths
3,276 Sq Ft
$160/Sq Ft Est. Value

Last Sold February 21, 2022

Last sale price $490,000 $150 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,011/month

45 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • Traditional Architecture
  • Private Lot
  • Vaulted Ceiling
  • Lawn

About This Home

As of February 2022

This Beautiful Modern Farmhouse, nestled on nearly 5 acres of Historic Landmarks, is a perfect balance of traditional luxury and contemporary elegance throughout. Enjoy your Holidays with expansive Countryside views from the extra-large kitchen, 9ft High Ceilings, and Large Living and Dining rooms. Enjoy your cup of coffee in the sunporch while taking in the privacy and mature landscape setting. The home has 5 large bedrooms throughout, including a Master Suite on the main floor with his and hers Walk-in Master-bedroom Closets and separate bathrooms, and a separate Laundry room. The home has New Appliances, 2 New HVAC systems, and many updates and upgrades throughout including 3 full bathrooms.

Outside Includes, separate 800sqft Workmanshop with a massive wrap-around porch facing the country-side as well as an additional large storage shed. The Workmanshop has it's own separate power meter which could easily be converted to a guest house by extending the sewer line.

Last Agent to Sell the Property

Tyler Goldsmith

Real Broker, LLC License #306958 Listed on: 11/24/2021

Real Broker, LLC

Last Buyer's Agent

Makayla Villarreal

The Agency - Charlotte License #321625

The Agency - Charlotte

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,257

Year Built

  • Built in 1900

Lot Details

  • Private Lot
  • Wooded Lot
  • Lawn
  • Zoning described as R002

Home Design

  • Traditional Architecture
  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Storage Room
  • Crawl Space
  • Pull Down Stairs to Attic
  • Carbon Monoxide Detectors

Kitchen

  • Walk-In Pantry
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Workshop in Garage
  • Driveway

Outdoor Features

  • Separate Outdoor Workshop
  • Outbuilding
  • Front Porch

Farming

  • Pasture

Utilities

  • Central Heating
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 202026

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,257

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse, Traditional
  • Year Built: 1900
  • Ratio Current Price By Acre: 103157.89
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Garage Shop, Open Floorplan, Pantry, Storage Unit, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 816
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2139
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 1088
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1088
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1137
  • Porch: Back,Front,Side
  • Appliances: Ceiling Fan(s), CO Detector, Electric Cooktop, Dishwasher, Disposal, Electric Oven, Electric Dryer Hookup, Exhaust Hood, Oven, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 3276
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Lawn Maintenance, Outbuilding(s), Storage, Workshop
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Carport - 2 Car, Driveway

Utilities

  • Heating: Central
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Well

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Pasture, Private, Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: 202026
  • Zoning Description: R002

Tax Info

  • RATIO List Price By Tax Amount: 2.17329

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
Feb 15, 2022
Sold by
Jainsons Properties Llc
Bought by
Schaefer Erica and Schaefer Eric
Seller's Agent
Tyler Goldsmith
Real Broker, LLC
Buyer's Agent
Makayla Villarreal
The Agency - Charlotte
List Price
$499,999
Sold Price
$490,000
Premium/Discount to List
-$9,999
-2%
Current Estimated Value
$523,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,617
Avg. Annual Appreciation
1.82%
Original Mortgage
$441,000
Outstanding Balance
$409,502
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$114,115

Purchase Details

Closed on
Aug 26, 2021
Sold by
Wilson Charles Alan and Wilson Tina Marie
Bought by
Jainsons Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2007
Sold by
Jean S Wilson Inc
Bought by
Wilson Jean S and Wilson Charles Alan
Source: Public Records

Range of Values:

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Average Value
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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
Schaefer Erica $490,000 None Listed On Document
Jainsons Properties Llc $215,000 None Available
Wilson Jean S -- None Available
Jean S Wilson Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaefer Erica $441,000
Previous Owner Jainsons Properties Llc $327,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2022 02/21/22 Sold $490,000 -1.0% $150 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
12/28/2021 12/28/21 Price Changed $494,999 -1.0% $151 / Sq Ft
11/24/2021 11/24/21 For Sale $499,999 -- $153 / 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 $3,257 $480,791 $81,681 $399,110
2024 $3,257 $480,791 $81,681 $399,110
2023 $3,257 $480,791 $81,681 $399,110
2022 $1,702 $225,465 $65,171 $160,294
2021 $1,685 $225,465 $65,171 $160,294
2020 $1,685 $225,465 $65,171 $160,294
2019 $1,685 $225,465 $65,171 $160,294
2018 $1,510 $203,693 $65,171 $138,522
2017 $1,510 $203,693 $65,171 $138,522
2016 $1,510 $203,693 $65,171 $138,522
2015 $1,528 $203,693 $65,171 $138,522
2014 $1,499 $209,656 $65,171 $144,485
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3801854

Canopy MLS (Canopy Realtor® Association)

APN: 202-026