NOT LISTED FOR SALE

555 Rainey Rd Salisbury, NC 28146

Estimated Value: $173,000 - $243,000

2 Beds
1 Bath
1,045 Sq Ft
$188/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $78,000 $75 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $1,129/month

1 Day on Market

Highlights

  • Ranch Style House
  • Separate Outdoor Workshop
  • Attached Garage
  • Wood Flooring
  • Fireplace
  • Level Lot

About This Home

As of February 2018

This house is situated on 2 acres. Needs tender loving care. Has a workshop and storage and very tall carport
for motor home or boat.

Last Agent to Sell the Property

Brenda Cline

RE/MAX Executive License #192081 Listed on: 01/31/2018

RE/MAX Executive

Last Buyer's Agent

Brenda Cline

RE/MAX Executive License #192081 Listed on: 01/31/2018

RE/MAX Executive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • Level Lot
  • Open Lot

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Asbestos Siding

Interior Spaces

  • 1 Full Bathroom
  • Fireplace

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 355029

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97622
  • Ratio Close Price By Original Li: 0.97622
  • Ratio Current Price By Acre: 39000.00
  • Ratio Current Price By Sq Ft: 74.64
  • Year Built: 1952
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Concrete
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Doors and Windows: Screen Door(s)
  • Equipment: Electric Range, Electric Oven
  • Fireplace Description: Living Room, Woodstove
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Laundry Location: Kitchen
  • Room Count: 1
  • Main Level Sq Ft: 1045
  • Total Sq Ft: 1045
  • Sq Ft Unheated Main: 120
  • Sq Ft Unheated Total: 120

Exterior Features

  • Construction: Asbestos, Concrete Block
  • Construction Type: Site Built
  • Exterior Features: Workshop, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Carport - 2 Car, Garage - 1 Car

Utilities

  • Heating: Oil Hot Air
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Level, Open Lot, Paved Frontage
  • Lot Size Area: 2.000
  • Parcel Number: 355029
  • Plat Reference Section Pages: 710
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 76764.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2018
Sold by
Gardner Robert L and Gardner Katherine B
Bought by
Petersen Sandra R
Current Estimated Value
$196,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,100
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2018
Closed on
Feb 13, 2018
Sold by
Parece Sandra Artz
Bought by
Gardner Robert
Seller's Agent
Brenda Cline
RE/MAX Executive
Buyer's Agent
Brenda Cline
RE/MAX Executive
List Price
$79,900
Sold Price
$78,000
Premium/Discount to List
-$1,900
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.03%

Purchase Details

Closed on
Oct 29, 2008
Sold by
Parece Sandra Artz and Artz William Jack
Bought by
Parence Sandra Artz

Purchase Details

Closed on
May 16, 2008
Sold by
Myers Francis Roland and Myers Sarah Artz
Bought by
Myers Francis Roland
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
Petersen Sandra R $78,000 None Available
Gardner Robert $78,000 None Available
Parence Sandra Artz -- None Available
Myers Francis Roland -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Sandra R $35,000
Open Edwards Sandra $125,000
Closed Edwards Sandra $75,800
Closed Petersen Sandra R $74,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2018 02/16/18 Sold $78,000 -2.4% $75 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $79,900 -- $76 / 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 $715 $106,737 $33,527 $73,210
2024 $715 $106,737 $33,527 $73,210
2023 $715 $106,737 $33,527 $73,210
2022 $524 $70,092 $24,905 $45,187
2021 $524 $70,092 $24,905 $45,187
2020 $524 $70,092 $24,905 $45,187
2019 $524 $70,092 $24,905 $45,187
2018 $569 $76,764 $36,585 $40,179
2017 $569 $76,764 $36,585 $40,179
2016 $569 $76,764 $36,585 $40,179
2015 $578 $76,764 $36,585 $40,179
2014 $565 $78,512 $36,585 $41,927
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3351312

Canopy MLS (Canopy Realtor® Association)

APN: 355-029