NOT LISTED FOR SALE

5875 Stokes Ferry Rd Salisbury, NC 28146

Estimated Value: $218,000 - $330,000

3 Beds
1.5 Baths
1,392 Sq Ft
$195/Sq Ft Est. Value

Last Sold June 12, 2019

Last sale price $112,550 $81 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,561/month

30 Days on Market

Highlights

  • Ranch Style House
  • Fireplace
  • Vinyl Flooring
  • Corner Lot
  • Shed

About This Home

As of June 2019

Brick home convenient to city amenities but with county taxes only! This 3 bedroom/1.5 bath has lots of potential but needs some work. Newer windows and metal roof. Level 1 acre lot with mature trees. Great basement space with shower. Come see today and bring your imagination! Home being sold AS-IS.

Last Agent to Sell the Property

Mechelle Kuld

TMR Realty, Inc. License #280063 Listed on: 02/28/2019

Last Buyer's Agent

Mike Brincefield

Dover Realty and Associates, Inc License #192546

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House

Interior Spaces

  • Fireplace

Flooring

  • Laminate
  • Vinyl

Additional Features

  • Shed
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 625038

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95381
  • Ratio Close Price By Original Li: 0.93017
  • Ratio Current Price By Acre: 112550.00
  • Ratio Current Price By Sq Ft: 80.85
  • Year Built: 1965
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Electric Range, Refrigerator, Electric Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Vinyl
  • Laundry Location: Basement
  • Room Count: 2
  • Main Level Sq Ft: 1392
  • Total Sq Ft: 1392
  • Sq Ft Unheated Basement: 1392
  • Sq Ft Unheated Total: 1392

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 2 Car, Driveway

Utilities

  • Heating: Central Air, Oil Hot Air
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Granite Quarry
  • Middle School: C.C. Erwin
  • High School: East Rowan

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Size Area: 1.000
  • Parcel Number: 625038
  • Zoning Specification: RA

Tax Info

  • Tax Value: 100354.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2019
Closed on
Jun 12, 2019
Sold by
Day Mark A and Day Michelle F
Bought by
Obarowski Matthew J
Seller's Agent
Mechelle Kuld
TMR Realty, Inc.
Buyer's Agent
Mike Brincefield
Dover Realty and Associates, Inc
List Price
$121,000
Sold Price
$112,550
Premium/Discount to List
-$8,450
-6.98%
Current Estimated Value
$272,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,548
Avg. Annual Appreciation
15.22%
Original Mortgage
$101,250
Outstanding Balance
$89,858
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$182,240

Purchase Details

Closed on
Jan 13, 2006
Sold by
Poole Oddis Theodore and Poole Michelle F
Bought by
Poole Oddis Theodore and Poole Michelle F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,500
Interest Rate
6.21%
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
Obarowski Matthew J $113,000 None Available
Poole Oddis Theodore -- Trust Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obarowski Matthew J $101,250
Previous Owner Poole Oddis Theodore $113,960
Previous Owner Poole Oddis Theodore $32,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2019 06/12/19 Sold $112,550 -4.6% $81 / Sq Ft
03/30/2019 03/30/19 Pending -- -- --
03/07/2019 03/07/19 Price Changed $118,000 -2.5% $85 / Sq Ft
02/28/2019 02/28/19 For Sale $121,000 -- $87 / 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 $1,085 $170,939 $35,000 $135,939
2024 $1,085 $170,939 $35,000 $135,939
2023 $1,085 $170,939 $35,000 $135,939
2022 $839 $117,694 $26,000 $91,694
2021 $815 $117,694 $26,000 $91,694
2020 $815 $117,694 $26,000 $91,694
2019 $815 $117,694 $26,000 $91,694
2018 $689 $100,354 $26,000 $74,354
2017 $689 $100,354 $26,000 $74,354
2016 $689 $100,354 $26,000 $74,354
2015 $701 $100,354 $26,000 $74,354
2014 $712 $103,912 $26,000 $77,912
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3479448

Canopy MLS (Canopy Realtor® Association)

APN: 625-038