NOT LISTED FOR SALE

7040 Long Branch Rd Salisbury, NC 28147

Estimated Value: $389,000 - $465,541

3 Beds
3 Baths
2,144 Sq Ft
$201/Sq Ft Est. Value

Last Sold December 17, 2013

Last sale price $150,000 $70 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $2,374/month

46 Days on Market

Highlights

  • Great Room with Fireplace
  • Forced Air Heating and Cooling System
  • Storm Doors
  • Elevator
  • 2 Car Garage
  • Level Lot

About This Home

As of December 2013

This home is located near Second Creek and in the West Rowan School District.Parklike setting with pond and shop building.2 kitchens and a handicap accesible bath in walk-out basement.Home could use updating and will be sold AS IS. Metal roof on home and shop- Quiet country home with the feel of being in the mountains. Mature trees in yard and between pond and road. Paved Circle Drive-This is 3.641 acres surveyed from parcel. The entire parcel is 35.9 acres- Home and land together can be purchased for $275,000- 10 acres is in pasture and the remainder is leased year to year for crops-agent is part owner.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 3.64 Acre Lot
  • Level Lot
  • Possible uses of the property include Residential
  • Property is zoned RA

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 2,144 Sq Ft Home
  • Gas Log Fireplace
  • Window Treatments
  • Great Room with Fireplace
  • Storm Doors
  • Finished Basement

Kitchen

  • Built-In Self-Cleaning Oven
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Cleveland Elementary School
  • West Rowan Middle School
  • West Rowan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • Elevator

Listing and Financial Details

  • Assessor Parcel Number 005

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1971
  • Restrictions: Other - See Remarks
  • Road Frontage Type: County Road, Interstate 1 mile or Less
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 150.00
  • Property Sub Type Additional: Manufacturing
  • Special Features: 12

Interior Features

  • Foundation Details: Basement
  • Sq Ft Unheated Basement: 0
  • Possible Use: Residential
  • Appliances: Dishwasher, Exhaust Hood, Self Cleaning Oven, Wall Oven
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1000
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 2144
  • Window Features: Window Treatments

Exterior Features

  • Roof: Metal
  • Road Frontage: 573
  • Construction Type: Brick Partial, Metal

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Septic Installed, Other - See Remarks
  • Green Building Features: Elevator
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: West Rowan

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 005
  • Zoning: RA
  • Lot Size Acres: 3.641
  • Lot Size: irregular
  • Lot Size Sq Ft: 158601
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Cleveland
  • High School: West Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2016
Sold by
Betty G Smith
Bought by
Key Kelly
Current Estimated Value
$430,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Outstanding Balance
$14,295
Interest Rate
3.42%
Estimated Equity
$416,340

Purchase Details

Listed on
Sep 6, 2013
Closed on
Dec 17, 2013
Sold by
Moretz Mary S and Moretz Rufus L
Bought by
Key Ben P and Key Kelly M
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%
Original Mortgage
$145,500
Interest Rate
4.13%
Mortgage Type
New Conventional
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
Key Kelly -- --
Key Ben P $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Key Kelly $18,000
Closed Key Kelly --
Previous Owner Key Ben P $145,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2014 03/18/14 Off Market $150,000 -- --
12/17/2013 12/17/13 Sold $150,000 -6.3% $70 / Sq Ft
10/22/2013 10/22/13 Pending -- -- --
09/06/2013 09/06/13 For Sale $160,000 -- $75 / 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 $1,733 $255,824 $66,169 $189,655
2024 $1,733 $255,824 $66,169 $189,655
2023 $1,733 $255,824 $66,169 $189,655
2022 $1,438 $190,507 $55,111 $135,396
2021 $1,424 $190,507 $55,111 $135,396
2020 $1,424 $190,507 $55,111 $135,396
2019 $1,424 $190,507 $55,111 $135,396
2018 $1,273 $171,735 $55,111 $116,624
2017 $1,273 $171,735 $55,111 $116,624
2016 $1,273 $171,735 $55,111 $116,624
2015 $1,288 $171,735 $55,111 $116,624
2014 $1,266 $177,016 $55,111 $121,905
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R55556

Canopy MLS (Canopy Realtor® Association)

APN: 754-167