NOT LISTED FOR SALE

785 Playground Ln Salisbury, NC 28146

Estimated Value: $151,000 - $185,000

1 Bed
1 Bath
608 Sq Ft
$282/Sq Ft Est. Value

Last Sold November 22, 2024

Last sale price $180,000 $296 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,000/month

111 Days on Market

Highlights

  • Access To Lake
  • Wrap Around Porch
  • Picnic Area
  • Tennis Courts
  • Laundry Room
  • Shed

About This Home

As of November 2024

Fully renovated starter home or the perfect addition to your vacation rental portfolio! This little charmer is uniquely designed to meet all the needs. 1 full size bedroom, with a second flex space great for a second smaller bed or office set up. Cozy kitchen/living space and free flowing throughout with barn doors and easy access. Enjoy the beverage of your choice on the oversized wrap around porch with beautiful views. Located in the Summer Place community this property gives you private access to High Rock lake, recreation courts, and other perks. Multiple outbuildings for storage! Partially fenced in yard with plenty of space for your pets to play!

Last Agent to Sell the Property

Drew Maher

DM Properties & Associates Brokerage Email: drew@dmaherproperties.com License #278456 Listed on: 06/25/2024

Co-Listed By

Robin Price

DM Properties & Associates Brokerage Email: drew@dmaherproperties.com License #262166

Last Buyer's Agent

Erika Osborne-Russ

EXP Realty Of Piedmont NC LLC License #291287

EXP Realty Of Piedmont NC LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $468

Year Built

  • Built in 1977

Lot Details

  • Partially Fenced Property
  • Property is zoned RA

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • 4 Open Parking Spaces

Home Design

  • Cabin
  • Aluminum Roof
  • Vinyl Siding

Interior Spaces

  • 608 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Access To Lake
  • Shed
  • Outbuilding
  • Wrap Around Porch

Schools

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

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 500C328

Community Details

Overview

  • Summer Place Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Tennis Courts
  • Indoor Game Court
  • Recreation Facilities
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$468

Year Built

Built in 1977

Lot Details

0

HOA Fees

$7 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 1977
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Dirt, Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 296.05
  • Geocode Confidence: High
  • Attribution Contact: drew@dmaherproperties.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Interior Amenities: Attic Other
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 608
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Microwave
  • Above Grade Finished Sq Ft: 608
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Living Area: 608
  • Bedroom Main: 1
  • Room Count: 5

Exterior Features

  • New Construction: No
  • Roof: Aluminum
  • Construction Type: Site Built
  • Fencing: Partial
  • Water Body Name: High Rock Lake
  • Waterfront Features: Boat Ramp – Community
  • Construction Type: Vinyl
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Front Porch, Wrap Around

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Ductless
  • Sewer: Septic Installed
  • Laundry Features: In Bathroom
  • Cooling: Ductless
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Game Court, Gated, Lake Access, Picnic Area, Playground, Recreation Area, Tennis Court(s)
  • Association Fee: 80
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 80.00

Schools

  • Middle Or Junior School: C.C. Erwin
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.19
  • Lot Size Units: Acres
  • Parcel Number: 500C328
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA

MLS Schools

  • Elementary School: Morgan
  • High School: East Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Jan 9, 2024
Sold by
Fowler Jonathan Thomas
Bought by
Dm Properties & Associates
Seller's Agent
Katharine Mcfalls
COMPASS
Buyer's Agent
Drew Maher
DM Properties & Associates
List Price
$100,000
Sold Price
$85,000
Premium/Discount to List
-$15,000
-15%
Views
94
Current Estimated Value
$171,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,306
Avg. Annual Appreciation
62.69%
Original Mortgage
$108,600
Outstanding Balance
$107,266
Interest Rate
7.22%
Mortgage Type
Construction
Estimated Equity
$64,040

Purchase Details

Listed on
Oct 25, 2022
Closed on
Mar 3, 2023
Sold by
Cet Management Llc
Bought by
Fowler Jonathan Thomas
Seller's Agent
Victor Poplin
Select Properties of the Carolinas LLC
Buyer's Agent
Victor Poplin
Select Properties of the Carolinas LLC
List Price
$99,950
Sold Price
$77,800
Premium/Discount to List
-$22,150
-22.16%
Views
386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%

Purchase Details

Listed on
Oct 6, 2022
Closed on
Oct 21, 2022
Sold by
Pheagin Robert Edward
Bought by
Cet Management Llc
Seller's Agent
Joe Carteret
EXP Realty LLC Ballantyne
Buyer's Agent
Victor Poplin
Select Properties of the Carolinas LLC
List Price
$55,000
Sold Price
$65,000
Premium/Discount to List
$10,000
18.18%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.76%

Purchase Details

Closed on
Apr 19, 2022
Sold by
Holshouser Jeffrey C
Bought by
Pheagin Robert Edward

Purchase Details

Closed on
Jun 6, 2008
Sold by
Cook Sherria J and Dangerfield Sherria J
Bought by
Holshouser Jeffrey C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.02%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 17, 2006
Sold by
Cook Sherria J
Bought by
Cook Sherria J and Holshouser Jeffrey C

Purchase Details

Closed on
Nov 20, 2003
Sold by
Moose Sandra D and Allman Sandra D
Bought by
Cook Sherria J
Source: Public Records

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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
Dm Properties & Associates $85,000 None Listed On Document
Fowler Jonathan Thomas $78,000 --
Cet Management Llc $65,000 --
Pheagin Robert Edward $40,000 Hudson John T
Holshouser Jeffrey C -- None Available
Cook Sherria J -- None Available
Cook Sherria J $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dm Properties & Associates $108,600
Previous Owner Holshouser Jeffrey C $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $180,000 -4.8% $296 / Sq Ft
08/31/2024 08/31/24 Price Changed $189,000 -3.1% $311 / Sq Ft
07/19/2024 07/19/24 Price Changed $195,000 -2.5% $321 / Sq Ft
06/25/2024 06/25/24 For Sale $200,000 +135.3% $329 / Sq Ft
01/10/2024 01/10/24 Sold $85,000 -5.6% $163 / Sq Ft
12/05/2023 12/05/23 Price Changed $90,000 -10.0% $173 / Sq Ft
11/16/2023 11/16/23 For Sale $100,000 +28.5% $192 / Sq Ft
03/03/2023 03/03/23 Sold $77,800 -13.5% $151 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
12/19/2022 12/19/22 Price Changed $89,950 -5.3% $174 / Sq Ft
11/03/2022 11/03/22 Price Changed $94,950 -5.0% $184 / Sq Ft
10/25/2022 10/25/22 For Sale $99,950 +53.8% $194 / Sq Ft
10/24/2022 10/24/22 Sold $65,000 +18.2% $152 / Sq Ft
10/08/2022 10/08/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $55,000 -- $129 / 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
2024 $468 $70,843 $8,850 $61,993
2023 $468 $70,843 $8,850 $61,993
2022 $261 $35,440 $5,310 $30,130
2021 $252 $35,440 $5,310 $30,130
2020 $252 $35,440 $5,310 $30,130
2019 $252 $35,440 $5,310 $30,130
2018 $200 $28,414 $5,310 $23,104
2017 $200 $28,414 $5,310 $23,104
2016 $204 $28,414 $5,310 $23,104
2015 $207 $28,414 $5,310 $23,104
2014 $210 $29,408 $5,310 $24,098
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4147038

Canopy MLS (Canopy Realtor® Association)

APN: 500-C328