NOT LISTED FOR SALE

506 Mulberry Ln Salisbury, NC 28146

Estimated Value: $301,000 - $334,000

3 Beds
2.5 Baths
1,884 Sq Ft
$166/Sq Ft Est. Value

Last Sold April 28, 2016

Last sale price $152,000 $81 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,943/month

264 Days on Market

Highlights

  • Deck
  • Walk-In Closet
  • Central Air
  • Covered patio or porch
  • Home Security System
  • 1 Car Garage

About This Home

As of April 2016

* Salisbury address, but Granite Quarry city limits and taxes. Beautiful home on dead-end street. Recent upgrades include oak flrs in foyer & dining rm, granite counter tops, 3/4 inch tilt dble pane windows, deck, self clean convection oven, appliances 2011 or newer, Arch roof 2009, gutter guards 2013, HP up 2009, HP down 2014, built in desk in kit., kitchen has under cabinet lighting controlled both by dimmers & on/off switches. Great neighborhood, convenient to I85, Belk, new shopping complexes and Salisbury. Move-in ready.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,146

Year Built

  • Built in 1986

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 84 x 125 x 82 x 125
  • Property fronts an interstate
  • Lot Has A Rolling Slope
  • Possible uses of the property include Gardening

Parking

  • 1 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,884 Sq Ft Home
  • Insulated Windows
  • Crawl Space
  • Home Security System

Kitchen

  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Private Sewer
  • Cable TV Available

Community Details

  • Mullberry Subdivision

Listing and Financial Details

  • Assessor Parcel Number 095

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,146

Year Built

Built in 1986

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1986
  • Inclusions: Building,Land
  • Restrictions: Other - See Remarks
  • Road Frontage Type: Interstate
  • 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, Self Cleaning Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Living Area: 1884
  • Window Features: Insulated Window(s)
  • Room Count: 6

Exterior Features

  • Roof: Composition
  • Road Frontage: 84
  • Construction Type: Concrete Block, Vinyl, Other - See Remarks
  • Patio And Porch Features: Covered, Deck, Front Porch

Garage/Parking

  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Private Sewer, Public Sewer
  • Security: Security System
  • Cooling: Central Air
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: N/A

Schools

  • Middle Or Junior School: C.C. Erwin

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Area: 0.24
  • Lot Size Units: Acres
  • Parcel Number: 095
  • Zoning: SFR
  • Lot Size Acres: 0.24
  • Lot Size: 84 x 125 x 82 x 125
  • Lot Size Sq Ft: 10454
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Granite Quarry
  • High School: East Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2015
Closed on
Apr 28, 2016
Sold by
Westmoreland James W and Westmoreland Rosetta J
Bought by
Cortese Joann T and Cortese Robert
List Price
$169,500
Sold Price
$152,000
Premium/Discount to List
-$17,500
-10.32%
Current Estimated Value
$322,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,141
Avg. Annual Appreciation
8.08%
Original Mortgage
$155,268
Interest Rate
3.73%
Mortgage Type
VA
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
Cortese Joann T $152,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortese Robert V $194,400
Closed Cortese Robert V $145,340
Closed Cortese Joann T $155,268
Previous Owner Westmoreland James W $100,000
Previous Owner Westmoreland James W $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2016 07/27/16 Off Market $152,000 -- --
04/28/2016 04/28/16 Sold $152,000 -10.3% $81 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
06/19/2015 06/19/15 For Sale $169,500 -- $90 / 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
2024 $2,146 $210,372 $30,000 $180,372
2023 $2,146 $210,372 $30,000 $180,372
2022 $1,478 $133,733 $25,000 $108,733
2021 $1,438 $133,733 $25,000 $108,733
2020 $1,438 $133,733 $25,000 $108,733
2019 $1,438 $133,733 $25,000 $108,733
2018 $1,317 $123,839 $25,000 $98,839
2017 $1,317 $123,839 $25,000 $98,839
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R57812

Canopy MLS (Canopy Realtor® Association)

APN: 403-B095