NOT LISTED FOR SALE

765 Timberlane Trail Salisbury, NC 28147

Estimated Value: $367,940 - $402,000

3 Beds
2 Baths
2,102 Sq Ft
$183/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $285,000 $136 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,272/month

2 Days on Market

Highlights

  • Wood Flooring
  • Walk-In Closet
  • Shed
  • Attached Garage
  • Breakfast Bar
  • Level Lot

About This Home

As of March 2021

You're going to love this beautiful 1 story w/finished Bonus room over the oversized 2 car garage! This home features an open floor plan with many upgrades. All living areas, hallways, & bedrooms feature hardwood floors. The kitchen & bathrooms feature tile floors. The updated kitchen features Stainless steel appliances, gas stove, granite counter tops, tile backsplash, & eat up breakfast bar. The bonus room/office over the garage is very private & would perfect for working from home. This bonus/office features its own separate Mini Split HVAC system. Two spacious secondary bedrooms share a full updated bath. The huge master suite features a custom walk in closet with built ins, custom tiled walk in shower, double vanity sinks. The family room features a wooden ceiling along with a magnificent floor to ceiling, stone, gas burning fireplace. Just steps out of the family room you will find a large screened in porch, private backyard that features a private patio and 2 outbuildings.

Last Agent to Sell the Property

Bradley Cohen

RE/MAX Executive License #233018 Listed on: 01/30/2021

RE/MAX Executive

Last Buyer's Agent

Jeremy Langley

Keller Williams Connected License #90964

Keller Williams Connected

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • Level Lot

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space
  • Pull Down Stairs to Attic
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Shed
  • Outbuilding

Utilities

  • Septic Tank
  • Cable TV Available

Community Details

  • Summerfield HOA, Phone Number (704) 785-0505

Listing and Financial Details

  • Assessor Parcel Number 462086

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story/F.R.O.G.
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.05595
  • Ratio Close Price By Original Li: 1.05595
  • Ratio Current Price By Acre: 276699.03
  • Ratio Current Price By Sq Ft: 135.59
  • Year Built: 1985
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 313
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Cooktop Gas, Dishwasher, Electric Dryer Hookup, Exhaust Fan, Gas Oven, Ice Maker Connection, Self Cleaning Oven
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Fixture Exception Description: Camera Door Bell and Alarm System
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 7047850505
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Built-Ins, Cable Available, Pantry, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1789
  • Total Sq Ft: 2102
  • Sq Ft Unheated Main: 247
  • Sq Ft Unheated Total: 247

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Outbuilding, Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Side Load Garage

Utilities

  • Heating: Central Air, Ductless/Mini-Split System, Gas Hot Air Furnace
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 75.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Summerfield HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 185X154X88X180X340
  • Lot Features: Level
  • Lot Size Area: 1.030
  • Parcel Number: 462086
  • Zoning Specification: RES

Tax Info

  • Tax Value: 177093.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2021
Closed on
Mar 15, 2021
Sold by
Garrow Caleb and Garrow Taylor
Bought by
Lane Jennifer A and Lane Michael H
Seller's Agent
Bradley Cohen
RE/MAX Executive
Buyer's Agent
Jeremy Langley
Keller Williams Connected
List Price
$269,900
Sold Price
$285,000
Premium/Discount to List
$15,100
5.59%
Current Estimated Value
$384,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,485
Avg. Annual Appreciation
6.83%
Original Mortgage
$171,000
Outstanding Balance
$153,984
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$228,732

Purchase Details

Listed on
Jun 16, 2020
Closed on
Aug 10, 2020
Sold by
Newman William Forrest and Newman Carol Luke
Bought by
Garrow Caleb and Garrow Taylor
Seller's Agent
Joanie Neel
Stephen Cooley Real Estate
Buyer's Agent
Bradley Cohen
RE/MAX Executive
List Price
$249,000
Sold Price
$253,500
Premium/Discount to List
$4,500
1.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.96%
Original Mortgage
$253,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2016
Closed on
Jun 10, 2016
Sold by
Givens Fred T and Givens Doris
Bought by
Newman William Forrest and Newman Carol Luke
List Price
$199,500
Sold Price
$193,500
Premium/Discount to List
-$6,000
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%
Original Mortgage
$154,800
Interest Rate
2.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2013
Closed on
Aug 26, 2013
Sold by
Richburg Roger E and Richburg Kay M
Bought by
Givens Fred T and Givens Doris
List Price
$179,900
Sold Price
$175,500
Premium/Discount to List
-$4,400
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%
Original Mortgage
$175,500
Interest Rate
4.48%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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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
Lane Jennifer A $285,000 None Available
Garrow Caleb $253,500 None Available
Newman William Forrest $193,500 None Available
Givens Fred T $175,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Jennifer A $171,000
Previous Owner Garrow Caleb $253,500
Previous Owner Newman Carol Luke $40,000
Previous Owner Newman William Forrest $154,800
Previous Owner Givens Fred T $175,500
Previous Owner Richburg Roger $89,000
Previous Owner Richburg Roger $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $285,000 +5.6% $136 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/30/2021 01/30/21 For Sale $269,900 +6.5% $128 / Sq Ft
08/10/2020 08/10/20 Sold $253,500 +1.8% $125 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $249,000 +28.7% $122 / Sq Ft
09/08/2016 09/08/16 Off Market $193,500 -- --
06/10/2016 06/10/16 Sold $193,500 -3.0% $95 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $199,500 +13.7% $98 / Sq Ft
11/24/2013 11/24/13 Off Market $175,500 -- --
08/26/2013 08/26/13 Sold $175,500 -2.4% $89 / Sq Ft
07/31/2013 07/31/13 Pending -- -- --
07/15/2013 07/15/13 For Sale $179,900 -- $91 / 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 $2,057 $303,574 $36,500 $267,074
2024 $2,057 $303,574 $36,500 $267,074
2023 $2,057 $303,574 $36,500 $267,074
2022 $1,337 $177,093 $34,000 $143,093
2021 $1,324 $177,093 $34,000 $143,093
2020 $1,324 $177,093 $34,000 $143,093
2019 $1,324 $177,093 $34,000 $143,093
2018 $1,164 $157,034 $34,000 $123,034
2017 $1,164 $157,034 $34,000 $123,034
2016 $1,164 $157,034 $34,000 $123,034
2015 $1,178 $157,034 $34,000 $123,034
2014 $1,115 $155,955 $34,000 $121,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3703550

Canopy MLS (Canopy Realtor® Association)

APN: 462-086