NOT LISTED FOR SALE

7225 Stokes Ferry Rd Salisbury, NC 28146

Estimated Value: $275,466 - $352,000

3 Beds
1 Bath
1,636 Sq Ft
$188/Sq Ft Est. Value

Last Sold February 03, 2012

Last sale price $25,000 $15 Per Sq Ft

Est. 1,128% increase in value since last sale

Current estimated payment $1,722/month

17 Days on Market

Highlights

  • Living Room with Fireplace
  • Storm Windows
  • Attic Fan
  • Covered Patio or Porch

About This Home

As of February 2012

Sold as is, including any existing appliances, plumbing, hvac, and electrical. Buyers are to inspect property 5 days prior to closing to determine that the property is in same condition as when OTP was executed. House needs considerable TLC. No ductwork for HVAC, no water heater, many of the fixtures are missing. House was previously used to manufacture meth. Has had meth cleanout, resulting in current condition. House will not qualify for financing.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,130

Year Built

  • Built in 1972

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 93x213x121x200
  • Property fronts an interstate
  • Possible uses of the property include Residential

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 1,636 Sq Ft Home
  • Living Room with Fireplace
  • Crawl Space
  • Storm Windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Schools

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

Additional Features

  • Covered Patio or Porch
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 159

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,130

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1972
  • Inclusions: Building
  • Restrictions: No Restrictions
  • Road Frontage Type: Interstate, Other - See Remarks
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Special Features: 12

Interior Features

  • Foundation Details: Crawl Space
  • Interior Amenities: Attic Stairs Pulldown
  • Sq Ft Unheated Basement: 0
  • Possible Use: Residential
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room
  • Living Area: 1636
  • Window Features: Storm Window(s)
  • Room Count: 6

Exterior Features

  • Exterior Features: Other - See Remarks
  • Roof: Composition
  • Road Frontage: 93
  • Construction Type: Brick Partial, Metal
  • Patio And Porch Features: Covered

Garage/Parking

  • Garage Yn: No

Utilities

  • Heating: Other - See Remarks
  • Sewer: Septic Installed, Other - See Remarks
  • Cooling: Attic Fan
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: None

Schools

  • Middle Or Junior School: C.C. Erwin

Lot Info

  • Lot Features: Other - See Remarks
  • Lot Size Area: 0.48
  • Lot Size Units: Acres
  • Parcel Number: 159
  • Lot Size Acres: 0.48
  • Lot Size: 93x213x121x200
  • Lot Size Sq Ft: 20908
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Morgan
  • High School: East Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2011
Sold by
Burdette Michael Wayne and Burdette Robin Davis
Bought by
Wells Fargo Bank Na
Current Estimated Value
$307,117
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
Wells Fargo Bank Na $118,976 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2012 05/04/12 Off Market $25,000 -- --
02/03/2012 02/03/12 Sold $25,000 -37.5% $15 / Sq Ft
01/28/2012 01/28/12 Pending -- -- --
01/11/2012 01/11/12 For Sale $40,000 -- $24 / 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 $1,130 $171,253 $28,500 $142,753
2024 $1,130 $171,253 $28,500 $142,753
2023 $1,130 $171,253 $28,500 $142,753
2022 $775 $105,134 $15,000 $90,134
2021 $748 $105,134 $15,000 $90,134
2020 $748 $105,134 $15,000 $90,134
2019 $748 $105,134 $15,000 $90,134
2018 $598 $84,721 $15,000 $69,721
2017 $598 $84,721 $15,000 $69,721
2016 $598 $84,721 $15,000 $69,721
2015 $607 $84,721 $15,000 $69,721
2014 $621 $88,361 $15,000 $73,361
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: R53066

Canopy MLS (Canopy Realtor® Association)

APN: 625-159