NOT LISTED FOR SALE

540 Neel Rd Salisbury, NC 28147

Estimated Value: $357,000 - $362,748

3 Beds
2 Baths
2,615 Sq Ft
$138/Sq Ft Est. Value

Last Sold December 12, 2022

Last sale price $300,000 $115 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,040/month

22 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Wooded Lot
  • Fireplace in Kitchen
  • Private Lot
  • Wood Flooring

About This Home

As of December 2022

Welcome home! This home has updated flooring in some rooms. Discover a bright and open interior with plenty of natural light and a neutral color palate, complimented by a fireplace. Step into the kitchen, complete with an eye catching stylish backsplash. You won’t want to leave the serene primary suite, the perfect space to relax. Additional bedrooms provide nice living or office space. Take advantage of the extended counter space in the primary bathroom complete with double sinks and under sink storage. The back yard is the perfect spot to kick back with the included sitting area. Like what you hear? Come see it for yourself!

Last Agent to Sell the Property

Cooper Parsons

EXP Realty LLC Ballantyne License #126840 Listed on: 10/28/2022

EXP Realty LLC Ballantyne

Last Buyer's Agent

Shaniqua Davenport-Coaxum

Coldwell Banker Realty License #313764

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • Front Green Space
  • Fenced
  • Private Lot
  • Sloped Lot
  • Cleared Lot
  • Wooded Lot
  • Zoning described as RS-3

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Laundry Room

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Basement Garage
  • Driveway

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Deck
  • Terrace
  • Front Porch

Schools

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

Utilities

  • Central Heating
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 464B272

Community Details

Overview

  • Neel Estates Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1962
  • Ratio Current Price By Acre: 322580.65
  • Road Surface Type: Concrete
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 114.72
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile, Vinyl, Wood
  • Interior Amenities: Open Floorplan
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1954
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 761
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 761
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Deck,Front
  • Appliances: Ceiling Fan(s), Dishwasher, Electric Oven, Electric Range, Exhaust Fan, Microwave, Natural Gas, Refrigerator, Self Cleaning Oven
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 661
  • Fireplace Features: Kitchen, Wood Burning
  • Living Area: 2615
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence, Terrace
  • New Construction: No
  • Roof: Composition
  • Tax Location: Salisbury
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick Partial, Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Basement, Carport - 1 Car, Driveway, Other

Utilities

  • Heating: Central, Gas Hot Air Furnace, Natural Gas
  • Sewer: Septic Installed
  • Water Heater: Gas
  • Laundry Features: Main Level, Laundry Room, Utility Room
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Street Lights, Tennis Court(s)
  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: West Rowan
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Green Area, Private, Sloped, Wooded, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 464B272
  • Zoning Description: RS-3
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.61512

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Hurley
  • High School: West Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Dec 9, 2022
Sold by
Opendoor Property Trust
Bought by
Partee Latrice
Seller's Agent
Cooper Parsons
EXP Realty LLC Ballantyne
Buyer's Agent
Shaniqua Davenport-Coaxum
Coldwell Banker Realty
List Price
$312,000
Sold Price
$300,000
Premium/Discount to List
-$12,000
-3.85%
Views
31
Current Estimated Value
$360,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,437
Avg. Annual Appreciation
5.94%
Original Mortgage
$240,000
Outstanding Balance
$228,490
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$131,947

Purchase Details

Listed on
Oct 28, 2022
Closed on
Oct 17, 2022
Sold by
Anthony Roger and Anthony April
Bought by
Opendoor Property Trust
Seller's Agent
Cooper Parsons
EXP Realty LLC Ballantyne
Buyer's Agent
Shaniqua Davenport-Coaxum
Coldwell Banker Realty
List Price
$312,000
Sold Price
$300,000
Premium/Discount to List
-$12,000
-3.85%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$228,490
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$131,947

Purchase Details

Listed on
Jan 25, 2018
Closed on
Feb 14, 2018
Sold by
Byers Warlick Laine and Byers Jennifer Whitfield
Bought by
Anthony Ii Roger and Anthony April
Seller's Agent
Jayne Land
Century 21 Towne and Country
Buyer's Agent
Greg Rapp
Salisbury Real Estate LLC
List Price
$174,900
Sold Price
$170,000
Premium/Discount to List
-$4,900
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.48%

Purchase Details

Listed on
Jan 29, 2017
Closed on
Aug 23, 2017
Sold by
Cadle Billy R and Cadle Connie B
Bought by
Cadle Neil P
Seller's Agent
Jayne Land
Century 21 Towne and Country
Buyer's Agent
Jayne Land
Century 21 Towne and Country
List Price
$125,000
Sold Price
$85,000
Premium/Discount to List
-$40,000
-32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
337.01%
Original Mortgage
$72,250
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 27, 2009
Sold by
Cadle Neil P
Bought by
Cadle Neil P and Cadle Billy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,025
Interest Rate
5.23%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Partee Latrice $300,000 --
Opendoor Property Trust $279,500 --
Anthony Ii Roger $170,000 None Available
Cadle Neil P $85,000 None Available
Cadle Neil P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Partee Latrice $240,000
Previous Owner Cadle Neil P $72,250
Previous Owner Cadle Neil P $75,025
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2022 12/12/22 Sold $300,000 -2.3% $115 / Sq Ft
11/19/2022 11/19/22 Pending -- -- --
11/17/2022 11/17/22 Price Changed $307,000 -1.6% $117 / Sq Ft
10/28/2022 10/28/22 For Sale $312,000 +83.5% $119 / Sq Ft
02/14/2018 02/14/18 Sold $170,000 -2.8% $72 / Sq Ft View Prior Sale
01/30/2018 01/30/18 Pending -- -- --
01/25/2018 01/25/18 For Sale $174,900 +105.8% $74 / Sq Ft
08/28/2017 08/28/17 Sold $85,000 -32.0% $45 / Sq Ft View Prior Sale
07/26/2017 07/26/17 Pending -- -- --
01/29/2017 01/29/17 For Sale $125,000 -- $66 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,015 $297,377 $34,000 $263,377
2024 $2,015 $297,377 $34,000 $263,377
2023 $2,015 $297,377 $34,000 $263,377
2022 $1,435 $190,079 $28,500 $161,579
2021 $1,421 $190,079 $28,500 $161,579
2020 $1,421 $190,079 $28,500 $161,579
2019 $1,421 $190,079 $28,500 $161,579
2018 $1,210 $163,284 $28,500 $134,784
2017 $1,078 $145,496 $28,500 $116,996
2016 $1,078 $145,496 $28,500 $116,996
2015 $1,091 $145,496 $28,500 $116,996
2014 $1,074 $150,158 $28,500 $121,658
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3917751

Canopy MLS (Canopy Realtor® Association)

APN: 464-B272