NOT LISTED FOR SALE

580 Varnadore Rd Salisbury, NC 28146

Estimated Value: $434,000 - $503,000

3 Beds
2 Baths
1,945 Sq Ft
$245/Sq Ft Est. Value

Last Sold June 19, 2015

Last sale price $220,000 $113 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,782/month

27 Days on Market

Highlights

  • Elevator
  • Walk-In Closet
  • Home Security System
  • Front Porch
  • Patio
  • Central Air

About This Home

As of June 2015

Brick Ranch w/basement & 2 car oversize garage.! 2 acres 3BR 2BA H/W floor & tile floors thru-out. Large greatroom & kitchen w/breakfast bar, solid surface counter tops, dining room, sep den. Master BR w/large walk in closet, whirlpool tub & sep shower, 2nd BR has walk in closet, unfinished basement over 1900 sqft, 9ft ceiling ready to be finished, plumbed for full BA. 1 car garage in basement & sep double doors. Great for dry storage or workshop 2 sep patios & deck out back county taxes only.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,007

Year Built

  • Built in 2005

Lot Details

  • 2 Acre Lot
  • Property fronts an interstate
  • Lot Has A Rolling Slope
  • Possible uses of the property include Residential

Parking

  • 3 Car Garage

Home Design

  • 1,945 Sq Ft Home
  • Brick Exterior Construction
  • Metal Siding

Kitchen

  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Rockwell Elementary School
  • C.C. Erwin Middle School
  • East Rowan High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Elevator

Listing and Financial Details

  • Assessor Parcel Number 093

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,007

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2005
  • Inclusions: Building
  • Road Frontage Type: Interstate
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Interior Amenities: Walk-In Closet(s)
  • Sq Ft Unheated Basement: 1945
  • Possible Use: Residential
  • Appliances: Dishwasher, Exhaust Hood, Microwave, Self Cleaning Oven
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Living Area: 1945
  • Room Count: 7

Exterior Features

  • Construction Type: Brick Partial, Metal
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed, None
  • Security: Security System
  • Green Building Features: Elevator
  • Cooling: Central Air
  • Utilities: Cable Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: C.C. Erwin

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Area: 2
  • Lot Size Units: Acres
  • Parcel Number: 093
  • Lot Size Acres: 2
  • Lot Size Sq Ft: 87120
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Rockwell
  • High School: East Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2015
Closed on
Jun 12, 2015
Sold by
Walker Gary Ronald
Bought by
Farmer Claude Nathaniel and Bonds Cheryl Lynn
List Price
$229,000
Sold Price
$220,000
Premium/Discount to List
-$9,000
-3.93%
Current Estimated Value
$477,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,438
Avg. Annual Appreciation
7.80%
Original Mortgage
$100,000
Outstanding Balance
$37,067
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$440,371

Purchase Details

Closed on
Mar 11, 2015
Sold by
Walker Rhonda Michelle
Bought by
Walker Gary Ronald

Purchase Details

Closed on
Nov 19, 2014
Sold by
Walker Rhonda Michelle Pierce
Bought by
Walker Gary Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
4%
Mortgage Type
New Conventional
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
Farmer Claude Nathaniel $220,000 None Available
Walker Gary Ronald -- None Available
Walker Gary Ronald -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farmer Claude Nathaniel $100,000
Previous Owner Walker Gary Ronald $173,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2015 09/22/15 Off Market $220,000 -- --
06/19/2015 06/19/15 Sold $220,000 -3.9% $113 / Sq Ft
02/16/2015 02/16/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $229,000 -- $118 / 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 $3,007 $448,863 $48,050 $400,813
2024 $3,007 $448,863 $48,050 $400,813
2023 $3,007 $448,863 $48,050 $400,813
2022 $2,316 $309,771 $36,795 $272,976
2021 $2,316 $309,771 $36,795 $272,976
2020 $2,316 $309,771 $36,795 $272,976
2019 $2,316 $309,771 $36,795 $272,976
2018 $1,615 $217,896 $36,795 $181,101
2017 $1,615 $217,896 $36,795 $181,101
2016 $1,615 $217,896 $36,795 $181,101
2015 $1,640 $217,896 $36,795 $181,101
2014 -- $220,104 $36,795 $183,309
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R57270

Canopy MLS (Canopy Realtor® Association)

APN: 634-093