NOT LISTED FOR SALE

520 Timberlane Trail Salisbury, NC 28147

Estimated Value: $348,221 - $391,000

3 Beds
2 Baths
1,960 Sq Ft
$191/Sq Ft Est. Value

Last Sold August 29, 2016

Last sale price $169,900 $87 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,175/month

10 Days on Market

Highlights

  • Living Room with Fireplace
  • Front Porch
  • 2 Car Garage
  • Elevator
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of August 2016

Come make this one owner, 3BR, 2BA home yours! Located right off HWY 150 inside Summerfield, a quiet well maintained development, this home offers: a beautiful front yard, split floor plan, master with duel vanity and Jacuzzi, office area, spacious living room, dining room, kitchen, and a two car garage. Outside this home has a back deck perfect for family BBQGÇÖs and gatherings, deep backyard, wired for 220 shop, and privacy! DonGÇÖt miss out on this listing; schedule a showing today!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,993

Year Built

  • Built in 1996

Lot Details

  • 1.6 Acre Lot
  • Level Lot
  • Possible uses of the property include Gardening

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,960 Sq Ft Home
  • Insulated Windows
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Front Porch

Schools

  • Hurley Elementary School
  • Southeast Middle School
  • West Rowan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • Summerfield Subdivision
  • Elevator

Listing and Financial Details

  • Assessor Parcel Number 153

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,993

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1996
  • Inclusions: Building
  • Road Frontage Type: Interstate 1 mile or Less
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Sq Ft Unheated Basement: 0
  • Possible Use: Gardening
  • Appliances: Dishwasher, Exhaust Hood, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Living Area: 1960
  • Window Features: Insulated Window(s)
  • Room Count: 6

Exterior Features

  • Construction Type: Concrete Block, Vinyl, Other - See Remarks
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Septic Installed, None
  • Green Building Features: Elevator
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Southeast

Lot Info

  • Lot Features: Level
  • Lot Size Area: 1.6
  • Lot Size Units: Acres
  • Parcel Number: 153
  • Lot Size Acres: 1.6
  • Lot Size: 1.60 acres
  • Lot Size Sq Ft: 69696
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Hurley
  • High School: West Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2016
Closed on
Aug 29, 2016
Sold by
Davis James G
Bought by
Boratko Eugene J and Boratko Rochelle D
List Price
$179,900
Sold Price
$169,900
Premium/Discount to List
-$10,000
-5.56%
Current Estimated Value
$367,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,139
Avg. Annual Appreciation
8.88%

Purchase Details

Closed on
Sep 13, 2002
Bought by
Davis James Gray
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
Boratko Eugene J $170,000 Chicago Title Insurance Co
Davis James Gray -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis James G $120,000
Previous Owner Davis James G $49,032
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2016 11/30/16 Off Market $169,900 -- --
08/29/2016 08/29/16 Sold $169,900 -5.6% $87 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $179,900 -- $92 / 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 $1,993 $294,237 $36,500 $257,737
2024 $1,993 $294,237 $36,500 $257,737
2023 $1,993 $294,237 $36,500 $257,737
2022 $1,502 $198,907 $34,000 $164,907
2021 $1,487 $198,907 $34,000 $164,907
2020 $1,487 $198,907 $34,000 $164,907
2019 $1,487 $198,907 $34,000 $164,907
2018 $1,256 $169,447 $34,000 $135,447
2017 $1,256 $169,447 $34,000 $135,447
2016 $1,256 $169,447 $34,000 $135,447
2015 $1,271 $169,447 $34,000 $135,447
2014 $1,190 $166,427 $34,000 $132,427
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R58914

Canopy MLS (Canopy Realtor® Association)

APN: 462-153