NOT LISTED FOR SALE

740 Rainey Rd Salisbury, NC 28146

Estimated Value: $349,000 - $391,000

3 Beds
2 Baths
1,875 Sq Ft
$196/Sq Ft Est. Value

Sale Details

Date Sold: June 29, 2022

Last sale price $340,000 $181 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,142 / mo

35 Days on Market

Highlights

  • Wood Burning Stove
  • Wooded Lot
  • Wood Flooring
  • Private Lot
  • Ranch Style House
  • Separate Outdoor Workshop

About This Home

As of June 2022

Countryside home that features plenty of space including a large living room, billiard/sunroom, 1.8 acres of privacy and a separate 4 car garage! Home has been very well maintained with all records accessible upon showing. A couple of minutes from downtown Faith and only 10 minutes from the interstate. Schedule your showing today!

Last Agent to Sell the Property

Robbie Bendig

Lantern Realty & Development LLC License #303589 Listed on: 05/25/2022

Last Buyer's Agent

Tammie Fiorella

NuVue Properties LLC License #215868

NuVue Properties LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • Private Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,875 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Crawl Space
  • Home Security System
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

  • Garage
  • Driveway

Outdoor Features

  • Separate Outdoor Workshop
  • Shed
  • Outbuilding
  • Rear Porch

Schools

  • Faith Elementary School
  • Southeast Middle School
  • Jesse Carson High School

Utilities

  • Central Heating
  • Vented Exhaust Fan
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 355094

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

1.8 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1980
  • Ratio Current Price By Acre: 188888.89
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cable Available, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1875
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Second Living Quarters Hla: 0
  • Second Living Quarters Sq Ft: 0
  • Porch: Back
  • Appliances: Ceiling Fan(s), Dishwasher, Electric Range, Exhaust Fan, Microwave, Refrigerator, Security System
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning, Wood Burning Stove
  • Living Area: 1875
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Auto Shop, Outbuilding(s), Packing Shed, Shed(s), Workshop
  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Detached, Driveway, Garage - 2 Car, Garage - 4+ Car

Utilities

  • Heating: Central, Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Well

Schools

  • Middle Or Junior School: Southeast
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Level, Private, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 355094
  • Zoning Description: Res

Tax Info

  • RATIO List Price By Tax Amount: 1.82950

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Faith
  • High School: Jesse Carson

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jun 24, 2022
Sold by
Bought by
Seller's Agent
Robbie Bendig
Lantern Realty & Development LLC
Buyer's Agent
Tammie Fiorella
NuVue Properties LLC
List Price
$300,000
Sold Price
$340,000
Premium/Discount to List
$40,000
13.33%
Current Estimated Value
$367,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,678
Avg. Annual Appreciation
1.99%
Original Mortgage
$311,355
Outstanding Balance
$296,204
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$71,474

Purchase Details

Closed on
Jul 20, 2006
Sold by
Bought by

Purchase Details

Closed on
Mar 15, 2005
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$340,000 Norwood Armstrong & Stokes Pll
-- None Available
$152,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $311,355
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/29/2022 06/29/22 Sold $340,000 +13.3% $181 / Sq Ft
05/25/2022 05/25/22 For Sale $300,000 -- $160 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,874 $279,665 $45,440 $234,225
2024 $1,874 $279,665 $45,440 $234,225
2023 $1,874 $279,665 $45,440 $234,225
2022 $645 $163,979 $34,468 $129,511
2021 $1,226 $163,979 $34,468 $129,511
2020 $645 $163,979 $34,468 $129,511
2019 $645 $163,979 $34,468 $129,511
2018 $623 $154,157 $34,468 $119,689
2017 $623 $154,157 $34,468 $119,689
2016 $1,143 $154,157 $34,468 $119,689
2015 $1,160 $154,157 $34,468 $119,689
2014 $1,162 $161,424 $34,468 $126,956
Source: Public Records

Agents Affiliated with this Home

  • Robbie Bendig

    Seller's Agent in 2022

    Robbie Bendig

    Lantern Realty & Development LLC

    (704) 640-4171

    42 Total Sales

    Robbie Bendig
    Section Image
  • Tammie Fiorella

    Buyer's Agent in 2022

    Tammie Fiorella

    NuVue Properties LLC

    (704) 517-4923

    20 Total Sales

    Tammie Fiorella
    Section Image
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Map

Source: Canopy MLS

MLS Number: 3865126

Canopy MLS

APN: 355-094

North Carolina Rowan County Salisbury 28146

740 Rainey Rd, Salisbury, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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