$178,500
SOLD JUL 7, 2020

506 Swaim Ct Salisbury, NC 28147

2 Beds
2.5 Baths
2,200 Sq Ft
$140/mo HOA Fee

Recently Sold

$81 Per Sq Ft

33 Days on Market

Highlights

  • Built-In Refrigerator
  • Porch
  • Forced Air Heating and Cooling System
  • Living Room with Fireplace
  • 2 Car Attached Garage
  • Ceiling Fan

About This Home

As of January 2022

Beautifully maintained 2BR, 2.5 townhouse in a lovely development, Castlewood. This townhouse is large in size & offers: Family room w/ brick fireplace, dining area, breakfast, kitchen w/ quartz counter tops, laundry room, 2 large bedrooms w/ full size baths & walk-in closets, & a stunning sun room. Finished basement perfect for entertaining w/ full bar, mini fridge, & sink. Over sized 2 car garage w/ work space, & great DRY storage! New paint, flooring, fixtures including lights & fans, & new appliances.

Last Agent to Sell the Property

Cathy Griffin

Century 21 Towne & Country License #187850 Listed on: 05/05/2020

Century 21 Towne & Country

Last Buyer's Agent

NONMEMBER NONMEMBER

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,007

Year Built

  • Built in 1985

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Assigned Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,043 Sq Ft Home
  • 1,800-2,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Finished Basement
  • Fireplace in Basement

Kitchen

  • Built-In Range
  • Built-In Refrigerator
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Porch

Schools

  • Knox Middle School
  • Salisbury High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0614506
  • 1% Total Tax Rate

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,007

Year Built

Built in 1985

Lot Details

0

HOA Fees

$140 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Subdivision Name: None
  • Directions: Jake Alexander Blvd W- right onto Castlewood Drive, left onto Hunt Blvd, left onto Swaim Court, destination will be on your right.
  • Above Grade Finished Sq Ft: 2043
  • Unit Levels: One
  • Structure Type: Townhouse
  • Year Built: 1985
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 300 - 400
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1800 - 2200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Built-In Range, Built-In Refrigerator, Dishwasher, Gas Water Heater
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 359
  • Fireplace Features: Gas Log, Basement, Living Room
  • Fireplaces: 2
  • Living Area: 2043
  • Main Level Bathrooms: 2
  • TRIADMLS_HalfBathsLower: 1
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Assigned, Garage, Attached, Basement
  • Garage Description: Attached Garage, Basement Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 140
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Knollwood
  • High School: Salisbury
  • Middle Or Junior School: Knox

Lot Info

  • Parcel #: 0614506
  • Zoning: RES
  • TRIADMLS_DeedPage: 995
  • TRIADMLS_DeedBook: 1272
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2007
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.315

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2021
Closed on
Jan 14, 2022
Sold by
Modica Lindsey Ann
Bought by
Woodruff Ronald L
Seller's Agent
John Grubb
Century 21 Towne and Country
Buyer's Agent
keshia sherrill
Coldwell Banker Realty
List Price
$239,900
Sold Price
$225,000
Premium/Discount to List
-$14,900
-6.21%
Current Estimated Value
$266,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,077
Avg. Annual Appreciation
4.92%
Original Mortgage
$225,000
Outstanding Balance
$208,055
Interest Rate
3.05%
Mortgage Type
VA
Estimated Equity
$60,305

Purchase Details

Listed on
May 5, 2020
Closed on
Jul 7, 2020
Sold by
Mahaley Ricky A and Mahaley Bonnic A
Bought by
Modica Lindsey Anne
Seller's Agent
Cathy Griffin
Century 21 Towne & Country
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$178,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.45%
Original Mortgage
$175,266
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2016
Sold by
Kovar Heidi U
Bought by
Mahaley Ricky A and Mahaley Bonnie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
3.58%
Mortgage Type
Farmers Home Administration

Purchase Details

Listed on
Dec 13, 2012
Closed on
Feb 21, 2013
Sold by
Safrit Swaim Anthony A and Safrit Swaim Cynthia
Bought by
Kovar Heidi U
List Price
$149,500
Sold Price
$145,000
Premium/Discount to List
-$4,500
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$145,000
Interest Rate
3.43%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $225,000 None Available
Warranty Deed $185,000 None Available
Warranty Deed $140,000 None Available
Warranty Deed $145,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 VA
Previous Owner $175,266 FHA
Previous Owner $133,000 Farmers Home Administration
Previous Owner $145,000 New Conventional
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $225,000 -2.1% $110 / Sq Ft
12/12/2021 12/12/21 Pending -- -- --
12/01/2021 12/01/21 Price Changed $229,900 -4.2% $113 / Sq Ft
11/16/2021 11/16/21 For Sale $239,900 +34.4% $117 / Sq Ft
07/07/2020 07/07/20 Sold $178,500 +23.1% $99 / Sq Ft
05/27/2013 05/27/13 Off Market $145,000 -- --
02/21/2013 02/21/13 Sold $145,000 -3.0% $84 / Sq Ft
12/27/2012 12/27/12 Pending -- -- --
12/13/2012 12/13/12 For Sale $149,500 -- $87 / Sq Ft
Source: Triad MLS

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 $2,577 $215,448 $10,000 $205,448
2024 $2,577 $215,448 $10,000 $205,448
2023 $2,577 $215,448 $10,000 $205,448
2022 $2,007 $145,721 $10,000 $135,721
2021 $2,007 $145,721 $10,000 $135,721
2020 $2,007 $145,721 $10,000 $135,721
2019 $2,007 $145,721 $10,000 $135,721
2018 $1,736 $127,733 $10,000 $117,733
2017 $1,726 $127,733 $10,000 $117,733
2016 $1,679 $127,733 $10,000 $117,733
2015 $1,689 $127,733 $10,000 $117,733
2014 $1,790 $136,931 $10,000 $126,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 975882

Triad MLS

APN: 061-4506