NOT LISTED FOR SALE

529 Lake Dr Salisbury, NC 28144

Estimated Value: $668,000 - $988,000

5 Beds
5.5 Baths
4,780 Sq Ft
$171/Sq Ft Est. Value

Sale Details

Date Sold: July 3, 2014

Last sale price $475,000 $99 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,119 / mo

376 Days on Market

Highlights

  • 5 Acre Lot
  • Wooded Lot
  • Elevator
  • Living Room with Fireplace
  • Covered Patio or Porch
  • Double Oven

About This Home

As of July 2014

Bank approved short sale This Grand Estate home was renovated by current owners. Grounds include 5+ acres. Fully renovated Gourmet kitchen with marble counters and high end appliances. Butlers pantry is a delight with Walnut counters, wine cooler, oven and freezer. Quality tall ceilings, hardwood floors, Dental molding. Look thru photos and attachment for additional info.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 5 Acre Lot
  • Wooded Lot
  • Possible uses of the property include Other - See Remarks, Residential

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Slate Roof
  • Metal Siding

Interior Spaces

  • 4,780 Sq Ft Home
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Partially Finished Basement

Kitchen

  • Double Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Overton Elementary School
  • Knox Middle School
  • Salisbury High School

Utilities

  • Central Air
  • Gas Water Heater

Community Details

  • Elevator

Listing and Financial Details

  • Assessor Parcel Number 071

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

5 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Other
  • Year Built: 1942
  • Inclusions: Building
  • Road Frontage Type: City Street, Interstate 1 mile or Less
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Other
  • Special Features: 12

Interior Features

  • Foundation Details: Basement
  • Sq Ft Unheated Basement: 1000
  • Possible Use: Other - See Remarks, Residential
  • Appliances: Dishwasher, Double Oven, Gas Water Heater
  • Has Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 4780

Exterior Features

  • Roof: Slate
  • Construction Type: Brick Partial, Metal, Other - See Remarks
  • Patio And Porch Features: Covered, Front Porch, Patio

Garage/Parking

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

Utilities

  • Sewer: Public Sewer, None
  • Green Building Features: Elevator
  • Cooling: Central Air
  • Water Source: Public, Other - See Remarks

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Knox

Lot Info

  • Lot Features: Wooded
  • Lot Size Units: Acres
  • Parcel Number: 071
  • Lot Size Acres: 5
  • Lot Size Sq Ft: 217800
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Overton
  • High School: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2013
Closed on
Jul 15, 2014
Sold by
Allen Richard B and Allen Lacreasa C
Bought by
Keith Jason Dimitrius and Dandro Diana Laurel
List Price
$649,000
Sold Price
$475,000
Premium/Discount to List
-$174,000
-26.81%
Current Estimated Value
$818,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,572
Avg. Annual Appreciation
4.68%
Original Mortgage
$380,000
Outstanding Balance
$290,312
Interest Rate
4.24%
Mortgage Type
New Conventional
Estimated Equity
$528,260

Purchase Details

Closed on
Apr 10, 2008
Sold by
Borland Margaret R
Bought by
Allen Richard B and Allen Lacreasa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Keith Jason Dimitrius $475,000 None Available
Allen Richard B $744,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Keith Jason Dimitrius $380,000
Previous Owner Allen Richard B $744,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2014 11/02/14 Off Market $475,000 -- --
07/03/2014 07/03/14 Sold $475,000 -26.8% $99 / Sq Ft
06/23/2014 06/23/14 Pending -- -- --
06/12/2013 06/12/13 For Sale $649,000 -- $136 / Sq Ft
Source: Canopy MLS

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 $9,031 $755,080 $212,250 $542,830
2024 $9,031 $755,080 $212,250 $542,830
2023 $9,031 $755,080 $212,250 $542,830
2022 $8,735 $634,271 $212,250 $422,021
2021 $8,735 $634,271 $212,250 $422,021
2020 $8,735 $634,271 $212,250 $422,021
2019 $8,735 $634,271 $212,250 $422,021
2018 $8,166 $601,040 $212,250 $388,790
2017 $8,123 $601,040 $212,250 $388,790
2016 $7,901 $601,040 $212,250 $388,790
2015 $7,949 $601,040 $212,250 $388,790
2014 $8,411 $643,571 $250,312 $393,259
Source: Public Records

Map

Source: Canopy MLS

MLS Number: R55202

Canopy MLS

APN: 003-071

North Carolina Rowan County Salisbury 28144

529 Lake Dr, Salisbury, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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