NOT LISTED FOR SALE

508 Fairway Ridge Rd Salisbury, NC 28146

Estimated Value: $399,000 - $493,000

4 Beds
3 Baths
3,000 Sq Ft
$144/Sq Ft Est. Value

Last Sold June 14, 2019

Last sale price $247,425 $82 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,621/month

58 Days on Market

Highlights

  • 0.45 Acre Lot
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Wood Flooring

About This Home

As of June 2019

Lovely 4BR,3BA home in Corbin Hills. Conveniently located to shopping, downtown, and I-85. Beautiful large kitchen with granite counter tops, stainless steel appliances, back splash, pantry and breakfast area. Living room with fireplace, laundry, dining room and guest bedroom on main floor. Upstairs this home offers 3 additional bedrooms including the master and a finished bonus room over garage.

Last Agent to Sell the Property

Cathy Griffin

Century 21 Towne & Country License #187850 Listed on: 03/13/2019

Century 21 Towne & Country

Last Buyer's Agent

Robin Saine

Main Realty License #288353

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,563

Year Built

  • Built in 1994

Lot Details

  • 0.45 Acre Lot

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,823 Sq Ft Home
  • 2,500-3,000 Sq Ft Home
  • Property has 2 Levels
  • Den with Fireplace

Kitchen

  • Built-In Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • North Rowan Middle School
  • North Rowan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 058H561
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,563

Year Built

Built in 1994

Lot Details

0

HOA Fees

$5 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Subdivision Name: None
  • Directions: I 85 to exit 76-Innes Street exit, right at the end of ramp, left on Newsome Road, right on Wildwood, left on Fairway Ridge, home is on the left.
  • Above Grade Finished Sq Ft: 2823
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1994
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2500 - 3000
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Dishwasher, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 2823
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Attached, Garage Faces Side
  • Garage Description: Attached Garage, Side Load Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 55
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Hanford Dole
  • High School: North Rowan
  • Middle Or Junior School: North Rowan

Lot Info

  • Parcel #: 058H561
  • Zoning: RES
  • TRIADMLS_PricePerAcre: 555333.3333
  • TRIADMLS_DeedPage: 370
  • TRIADMLS_DeedBook: 723
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2563
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 1.3794

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2019
Closed on
Jun 14, 2019
Sold by
Alfieri Salvatore and Alfieri Juli A
Bought by
Law Mark F and Law Molly A
Seller's Agent
Cathy Griffin
Century 21 Towne & Country
Buyer's Agent
Robin Saine
Main Realty
Sold Price
$247,425
Current Estimated Value
$431,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,751
Avg. Annual Appreciation
9.11%
Original Mortgage
$237,475
Outstanding Balance
$208,799
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$222,377

Purchase Details

Closed on
Dec 15, 1993
Bought by
Alfieri Salvatore and Alfieri Wf
Source: Public Records

Range of Values:

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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
Law Mark F $247,500 None Available
Alfieri Salvatore $19,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Law Mark F $237,475
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2021 06/16/21 Off Market $247,425 -- --
06/14/2019 06/14/19 Sold $247,425 -- $99 / 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 $4,264 $356,549 $38,000 $318,549
2024 $4,264 $356,549 $38,000 $318,549
2023 $4,264 $356,549 $38,000 $318,549
2022 $3,033 $220,234 $32,500 $187,734
2021 $3,033 $220,234 $32,500 $187,734
2020 $3,033 $220,234 $32,500 $187,734
2019 $3,033 $220,234 $32,500 $187,734
2018 $2,563 $188,656 $32,500 $156,156
2017 $2,550 $188,656 $32,500 $156,156
2016 $2,480 $188,656 $32,500 $156,156
2015 $2,495 $188,656 $32,500 $156,156
2014 $2,446 $187,174 $32,500 $154,674
Source: Public Records

Agents Affiliated with this Home

  • Cathy Griffin

    Seller's Agent in 2019

    Cathy Griffin

    Century 21 Towne & Country

    (704) 213-2464

    178 in this area

    533 Total Sales

    Cathy Griffin
    Section Image
  • Robin Saine

    Buyer's Agent in 2019

    Robin Saine

    Main Realty

    (704) 267-6100

    24 in this area

    130 Total Sales

    Robin Saine
    Section Image
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Map

Source: Triad MLS

MLS Number: 922647

Triad MLS

APN: 058-H561

North Carolina Rowan County Salisbury 28146

508 Fairway Ridge Rd, Salisbury, NC

This home is located at 508 Fairway Ridge Rd, Salisbury, NC 28146 since 13 March 2019 and is currently estimated at $431,176, approximately $143 per square foot. This property was built in 1994. 508 Fairway Ridge Rd is a home located in Rowan County with nearby schools including E Hanford Dole Elementary School, North Rowan Middle School, and North Rowan High School.

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