NOT LISTED FOR SALE

512 Milford Hills Rd Salisbury, NC 28144

Estimated Value: $342,000 - $405,000

3 Beds
3 Baths
2,700 Sq Ft
$140/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $370,000 $137 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,329/month

9 Days on Market

Highlights

  • 0.46 Acre Lot
  • No HOA
  • Tankless Water Heater
  • 1 Fireplace
  • Porch
  • Brick Flooring

About This Home

As of July 2023

Gorgeous brick ranch w/finished walkout basement situated on just under a 1/2 acre lot!! This property offers the best of both worlds..privacy from neighbors & close proximity to shopping & restaurants. Open floor plan w/spacious living & dining areas. Kitchen features quartz countertops, tile backsplash, tons of cabinet space, stainless steel appliances & main floor laundry/pantry area. Primary en-suite offers 2 large closets, tiled shower & dual vanities. 2 additional bedrooms on main w/beautiful guest bath, tiled tub/shower combo & marble vanity. Lower level walk-out is the perfect flex space to fit any need, complete w/large full bath & huge walk-in tiled shower. Updates in 2022 include New HVAC, tankless water heater, windows, new roof, paint, lighting, new floors, kitchen, bathrooms, plus gated/fenced back yard. Exterior features include large covered front porch, covered back patio, private back yard & plenty of parking. *House next door is scheduled to be torn down summer 2023*

Last Agent to Sell the Property

Beth Christian

Wallace Realty Company License #289940 Listed on: 06/17/2023

Co-Listed By

Lisa Emery

Wallace Realty Company License #278432

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,804

Year Built

  • Built in 1963

Lot Details

  • 0.46 Acre Lot
  • Street terminates at a dead end
  • Fenced
  • Property is zoned RS

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,498 Sq Ft Home
  • 2,200-2,700 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Pull Down Stairs to Attic
  • Dishwasher
  • Dryer Hookup
  • Finished Basement

Flooring

  • Brick
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 062032

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,804

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Co List Office Mls Id: WWALRC01
  • Co List Office Phone: 704-636-2021
  • Subdivision Name: None
  • Directions: North on Innes St, turn left on Fulton St, turn right on Lincolnton Rd, turn right on Milford Hills Rd, home is on your right. From I-85: north on Jake Alexander Blvd, right on Brenner Ave, left on Milford Hills Rd, home is on the right
  • Above Grade Finished Sq Ft: 2498
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1963
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 600 - 800
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2200 - 2700
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Range, Tankless Water Heater
  • Flooring: Brick, Carpet, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Finished, Basement, Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Kitchen
  • Fireplaces: 1
  • Living Area: 2498
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsLower: 1

Exterior Features

  • Fencing: Fenced
  • Lot Features: Dead End
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway, No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Tankless

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 062032
  • Zoning: RS
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1804
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2023
Closed on
Jul 13, 2023
Sold by
Wiles Jason P and Wiles April T
Bought by
Erwin Patrick
Seller's Agent
Beth Christian
Wallace Realty Company
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$379,900
Sold Price
$370,000
Premium/Discount to List
-$9,900
-2.61%
Views
123
Current Estimated Value
$378,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,468
Avg. Annual Appreciation
1.00%
Original Mortgage
$370,000
Outstanding Balance
$360,671
Interest Rate
6.71%
Mortgage Type
VA
Estimated Equity
$17,797

Purchase Details

Listed on
Jun 29, 2022
Closed on
Aug 19, 2022
Sold by
Sonic Investments Inc
Bought by
Wiles Jason P and Wiles April T
Seller's Agent
Barry Reeves
Keller Williams South Park
Buyer's Agent
Beth Christian
Wallace Realty
List Price
$375,000
Sold Price
$345,000
Premium/Discount to List
-$30,000
-8%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%
Original Mortgage
$327,750
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2021
Sold by
Investcar Llc
Bought by
Sonic Investments Inc

Purchase Details

Closed on
Dec 14, 2021
Sold by
Yates Walter L and Perez Victoria
Bought by
Investcar Llc

Purchase Details

Closed on
Aug 30, 2007
Sold by
Perez Raul L and Perez Victoria
Bought by
Perez Victoria and Yates Walter L
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
Erwin Patrick $370,000 None Listed On Document
Wiles Jason P $345,000 Overbey Jon
Wiles Jason P $345,000 Overbey Jon
Sonic Investments Inc $113,000 None Available
Investcar Llc $85,000 Venture Title Llc
Perez Victoria -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erwin Patrick $370,000
Previous Owner Wiles Jason P $327,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2023 07/24/23 Sold $370,000 -2.6% $168 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
06/17/2023 06/17/23 For Sale $379,900 +10.1% $173 / Sq Ft
08/19/2022 08/19/22 Sold $345,000 -1.4% $138 / Sq Ft View Prior Sale
07/21/2022 07/21/22 Price Changed $349,900 -5.4% $140 / Sq Ft
07/14/2022 07/14/22 Price Changed $369,900 -1.4% $148 / Sq Ft
06/29/2022 06/29/22 For Sale $375,000 -- $150 / 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 $4,071 $340,413 $27,500 $312,913
2024 $4,071 $340,413 $27,500 $312,913
2023 $4,071 $340,413 $27,500 $312,913
2022 $1,804 $131,035 $23,100 $107,935
2021 $1,804 $131,035 $23,100 $107,935
2020 $1,804 $131,035 $23,100 $107,935
2019 $1,804 $131,035 $23,100 $107,935
2018 $1,470 $108,160 $23,100 $85,060
2017 $1,462 $108,160 $23,100 $85,060
2016 $1,422 $108,160 $23,100 $85,060
2015 $1,430 $108,160 $23,100 $85,060
2014 $1,468 $112,344 $23,100 $89,244
Source: Public Records

Agents Affiliated with this Home

  • Beth Christian

    Seller's Agent in 2023

    Beth Christian

    Wallace Realty Company

    (502) 523-7153

    45 in this area

    204 Total Sales

    Beth Christian
    Section Image
  • Lisa Emery

    Seller Co-Listing Agent in 2023

    Lisa Emery

    Wallace Realty Company

    (704) 798-9312

    46 in this area

    194 Total Sales

    Lisa Emery
    Section Image

  • N

    Buyer's Agent in 2023

    NONMEMBER NONMEMBER

  • Barry Reeves

    Seller's Agent in 2022

    Barry Reeves

    Keller Williams South Park

    (704) 763-8303

    1 in this area

    80 Total Sales

    Barry Reeves
    Section Image
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Map

Source: Triad MLS

MLS Number: 1109168

Triad MLS

APN: 062-032

North Carolina Rowan County Salisbury 28144

512 Milford Hills Rd, Salisbury, NC

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