NOT LISTED FOR SALE

540 Spence Dr Salisbury, NC 28144

Estimated Value: $355,000 - $390,000

3 Beds
2.5 Baths
2,046 Sq Ft
$181/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $310,000 $152 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,095/month

2 Days on Market

Highlights

  • Fireplace
  • Attached Garage
  • Carpet

About This Home

As of December 2021

Spacious, 3/4 acre home nestled in the Landsdowne neighborhood offers incredible privacy with tree-lined wooded rear lot. Dedicated floor plan provides all the features of a traditional home while seamlessly embracing all the modern finishes and upgrades. Fresh paint and large windows create an inviting atmosphere with an abundance of natural light. Living room extends itself to finished sun room designed to enjoy the serene and tranquil offerings of this large lot with lush and mature landscaping. Primary bedroom with large walk-in shower, luxurious finishes and dual vanities. Large secondary bedrooms provide endless options to be used as bedrooms, flex space, or office. Home offers new flooring, fresh paint, appliances October 2020, and roof in 2020. Septic recently inspected and pumped, well recently inspected, chlorinated, and has brand new pressure gauge.

Last Agent to Sell the Property

Marc Pecoraro

Realty ONE Group Select License #116929 Listed on: 10/28/2021

Realty ONE Group Select

Last Buyer's Agent

Karen Negron

Fathom Realty NC LLC License #313037

Fathom Realty NC LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 0.79

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Crawl Space

Flooring

  • Carpet
  • Laminate
  • Vinyl

Schools

  • North Rowan Elementary And Middle School

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 321F002

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Ratio Close Price By List Price: 1.12727
  • Ratio Close Price By Original Li: 1.12727
  • Ratio Current Price By Acre: 392405.06
  • Ratio Current Price By Sq Ft: 151.52
  • Year Built: 2001
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Garage Door, Brick, Crawl Space
  • Upper Level Sq Ft: 951
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Convection Oven, Cooktop Electric, Dishwasher, Microwave
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Vinyl
  • Laundry Location: Upper
  • Room Count: 3
  • Main Level Sq Ft: 1095
  • Total Sq Ft: 2046
  • Sq Ft Unheated Basement: 425
  • Sq Ft Unheated Total: 425

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Basement, Driveway, Garage - 2 Car
  • Sq Ft Garage: 526

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Gas

Schools

  • Middle Or Junior School: North Rowan

Lot Info

  • Parcel Number: 321F002
  • Zoning Specification: RES

Tax Info

  • Tax Value: 186211.00
  • Tax Location: Salisbury

MLS Schools

  • Elementary School: North Rowan
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Dec 2, 2021
Sold by
Dipasquale Rebecca and Dipasquale Christian
Bought by
Prisme Erwin and Prisme Francisca
Seller's Agent
Marc Pecoraro
Realty ONE Group Select
Buyer's Agent
Karen Negron
Fathom Realty NC LLC
List Price
$275,000
Sold Price
$310,000
Premium/Discount to List
$35,000
12.73%
Current Estimated Value
$370,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,858
Avg. Annual Appreciation
4.56%
Original Mortgage
$310,000
Outstanding Balance
$284,619
Interest Rate
2.98%
Mortgage Type
VA
Estimated Equity
$86,239

Purchase Details

Listed on
Oct 13, 2020
Closed on
Jan 27, 2021
Sold by
Maddin Melinda J and Risher Julie A
Bought by
Shoemaker Rebecca and Dipasquale Christian
Seller's Agent
Cathy Griffin
Century 21 Towne & Country
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.13%
Original Mortgage
$188,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2001
Bought by
Maddin Melinda J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Prisme Erwin $310,000 Investors Title Company
Shoemaker Rebecca $235,000 None Available
Maddin Melinda J $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prisme Erwin $310,000
Previous Owner Shoemaker Rebecca $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2021 12/28/21 Sold $310,000 +12.7% $152 / Sq Ft
10/31/2021 10/31/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $275,000 +17.0% $134 / Sq Ft
01/28/2021 01/28/21 Sold $235,000 -- $107 / Sq Ft View Prior Sale
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 $1,876 $282,069 $35,000 $247,069
2024 $1,876 $282,069 $35,000 $247,069
2023 $1,876 $282,069 $35,000 $247,069
2022 $1,383 $186,211 $26,500 $159,711
2021 $1,383 $186,211 $26,500 $159,711
2020 $1,383 $186,211 $26,500 $159,711
2019 $1,383 $186,211 $26,500 $159,711
2018 $1,228 $166,731 $26,500 $140,231
2017 $1,228 $166,731 $26,500 $140,231
2016 $1,228 $166,731 $26,500 $140,231
2015 $1,246 $166,731 $26,500 $140,231
2014 $1,214 $169,821 $26,500 $143,321
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3799495

Canopy MLS (Canopy Realtor® Association)

APN: 321-F002