56 Fox Trace Ln Salemburg, NC 28385
Estimated Value: $287,000 - $310,986
3
Beds
2
Baths
1,651
Sq Ft
$182/Sq Ft
Est. Value
About This Home
This home is located at 56 Fox Trace Ln, Salemburg, NC 28385 and is currently estimated at $299,997, approximately $181 per square foot. 56 Fox Trace Ln is a home with nearby schools including Salemburg Elementary School, Roseboro-Salemburg Middle School, and Lakewood High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 13, 2025
Sold by
Faulk Billy Jack and Faulk Jeannie B
Bought by
Smith Michael and Smith Lindsey
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$298,150
Interest Rate
6.72%
Mortgage Type
VA
Estimated Equity
$9,295
Purchase Details
Closed on
Jul 15, 2021
Sold by
Sandy Arnold H and Sandy Caroline O
Bought by
Faulk Billy Jack and Faulk Jeannie B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,400
Interest Rate
2.9%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Smith Michael | $300,000 | None Listed On Document | |
Smith Michael | $300,000 | None Listed On Document | |
Faulk Billy Jack | $225,000 | None Available |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Smith Michael | $300,000 | |
Closed | Smith Michael | $300,000 | |
Previous Owner | Faulk Billy Jack | $50,150 | |
Previous Owner | Faulk Billy Jack | $202,400 |
Source: Public Records
Tax History Compared to Growth
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 | $1,985 | $257,728 | $40,000 | $217,728 |
2024 | $1,804 | $257,728 | $40,000 | $217,728 |
2023 | $2,086 | $225,559 | $30,000 | $195,559 |
2022 | $2,086 | $225,559 | $30,000 | $195,559 |
2021 | $0 | $225,559 | $30,000 | $195,559 |
Source: Public Records
Map
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