$122,500
SOLD MAY 8, 2019

505 W Peeler St Salisbury, NC 28146

2 Beds
1 Bath
1,068 Sq Ft
0.99 Acres

Recently Sold

$115 Per Sq Ft

3 Days on Market

About This Home

As of March 2024

Adorable well-maintained home with aluminum siding, new roof (2017) new HVAC (2019) and newer gas water heater. Large, deep lot is nearly an acre and comes with detached 1-car garage with extra workshop space and attached carport. Storage shed and chicken coop convey. Open floor plan makes house feel spacious. Nice hardwood floors in the bedrooms and dining room. Sunlit kitchen. Living room has new laminate flooring and masonry fireplace. Good-sized wood-paneled room off one bedroom has tons of storage and could be used as an office, a walk-in closet, or could be a future private bath. Nice enclosed back porch with broken tile mosaic floor overlooks deep yard. Home is close to Granite Quarry Elementary school, and not far from Granite Lake Park, which is part of the Carolina Thread Trail www.carolinathreadtrailmap.org/trails/trail/granite-lake-park-trail Home is close to Granite Quarry Town Center shops and amenities yet feels out in the country. Eligible for USDA loan.

Last Agent to Sell the Property

Greg Rapp

Salisbury Real Estate LLC License #210485 Listed on: 04/06/2019

Last Buyer's Agent

Chuck Thompson

Lantern Realty & Development, LLC License #278357

Lantern Realty & Development, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Parking

  • Gravel Driveway

Additional Features

  • Oven
  • 1 Full Bathroom
  • Crawl Space
  • Shed
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 351011

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 123737.37
  • Ratio Current Price By Sq Ft: 114.70
  • Year Built: 1947
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space, Pier & Beam
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Oven
  • Laundry Location: Main, Porch
  • Room Count: 1
  • Main Level Sq Ft: 1068
  • Total Sq Ft: 1068
  • Sq Ft Unheated Main: 148
  • Sq Ft Unheated Total: 148

Exterior Features

  • Construction: Aluminum
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 1 Car, Detached Garage, Garage - 1 Car

Utilities

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

Schools

  • Elementary School: Granite Quarry
  • Middle School: C.C. Erwin
  • High School: East Rowan

Lot Info

  • Lot Dimension: 103x428
  • Lot Features: Level
  • Lot Size Area: 0.990
  • Parcel Number: 351011
  • Zoning Specification: R3

Tax Info

  • Tax Value: 81490.00
  • Tax Location: Granite Qry

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Mar 6, 2024
Sold by
Fox Janice
Bought by
Jackson John Wayne
Seller's Agent
Tammy Gutti
Coldwell Banker Realty
Buyer's Agent
Lora Riddle
Allen Tate Concord
List Price
$250,000
Sold Price
$250,000
Views
66
Current Estimated Value
$253,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,448
Avg. Annual Appreciation
-1.01%

Purchase Details

Listed on
Apr 6, 2019
Closed on
May 8, 2019
Sold by
Branch David Alan and Branch Brandi Jeanne
Bought by
Phillips Jordan H
Seller's Agent
Greg Rapp
Salisbury Real Estate LLC
Buyer's Agent
Chuck Thompson
Lantern Realty & Development, LLC
List Price
$122,500
Sold Price
$122,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.88%
Original Mortgage
$120,280
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 18, 2008
Sold by
Eller Freddie Odell and Eller Cathy Cress
Bought by
Branch Brandi Jeanne and Branch David Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
5.94%
Mortgage Type
Unknown
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $250,000 None Listed On Document
Warranty Deed $122,500 Master Title Agency Llc
Warranty Deed $87,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $30,000 Credit Line Revolving
Previous Owner $120,500 New Conventional
Previous Owner $120,280 FHA
Previous Owner $87,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2024 03/07/24 Sold $250,000 0.0% $242 / Sq Ft
01/02/2024 01/02/24 For Sale $250,000 +16.3% $242 / Sq Ft
07/25/2023 07/25/23 Sold $215,000 0.0% $208 / Sq Ft
06/23/2023 06/23/23 For Sale $215,000 +75.5% $208 / Sq Ft
05/08/2019 05/08/19 Sold $122,500 0.0% $115 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
04/06/2019 04/06/19 For Sale $122,500 -- $115 / 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 $1,649 $161,703 $26,000 $135,703
2024 $1,338 $131,195 $26,000 $105,195
2023 $1,338 $131,195 $26,000 $105,195
2022 $1,040 $94,091 $20,000 $74,091
2021 $1,011 $94,091 $20,000 $74,091
2020 $1,011 $94,091 $20,000 $74,091
2019 $1,011 $94,091 $20,000 $74,091
2018 $867 $81,490 $20,000 $61,490
2017 $867 $81,490 $20,000 $61,490
2016 $867 $81,490 $20,000 $61,490
2015 $882 $81,490 $20,000 $61,490
2014 $879 $82,155 $20,000 $62,155
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3493470

Canopy MLS (Canopy Realtor® Association)

APN: 351-011