$65,000
SOLD OCT 24, 2022

785 Playground Ln Salisbury, NC 28146

1 Bed
1 Bath
428 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$152 Per Sq Ft

18% Above List Price

2 Days on Market

Highlights

  • Wooded Lot
  • Ceiling Fan
  • Cabin
  • Laundry Room
  • Baseboard Heating

About This Home

As of November 2024

Do not miss this opportunity to own a second home or vacation rental on High Rock Lake!! This adorable cabin could be turned into the cutest tiny home. There is ample land that could possibly allow for the construction of additional structures to be built (Buyer to verify with county, etc). Previous owner utilized attic as a loft/bedroom giving this home so many possibilities. Close enough for a quick weekend getaway, the Summer Place Owners Association is able to provide access to a community ramp and picnic area for and additional fee yearly.

Last Agent to Sell the Property

Joe Carteret

EXP Realty LLC Ballantyne License #318692 Listed on: 10/06/2022

EXP Realty LLC Ballantyne

Last Buyer's Agent

Victor Poplin

Select Properties of the Carolinas LLC License #C19720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $468

Year Built

  • Built in 1977

Lot Details

  • Cleared Lot
  • Wooded Lot

HOA Fees

  • $12 Monthly HOA Fees

Home Design

  • Cabin

Interior Spaces

  • Ceiling Fan
  • Crawl Space
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Outbuilding

Utilities

  • Baseboard Heating
  • Septic Tank

Community Details

  • Summer Place Property Owners Assoc. Association
  • Summer Place Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 500c328

Home Details

Home Type

Single Family

Est. Annual Taxes

$468

Year Built

Built in 1977

Lot Details

0

HOA Fees

$12 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 1977
  • Ratio Current Price By Acre: 295454.55
  • Restrictions: Short Term Rental Allowed
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Dirt, Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 151.87
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 428
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 164
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 164
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Front
  • Appliances: Ceiling Fan(s), Electric Range
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 428
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Outbuilding(s)
  • New Construction: No
  • Tax Location: Salisbury
  • Construction Type: Site Built
  • Waterfront Features: Boat Ramp – Community
  • Construction Type: Metal Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: None

Utilities

  • Heating: Baseboard, Window Unit(s)
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 140
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Summer Place Property Owners Assoc.
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 140.00

Lot Info

  • Lot Features: Cleared, Wooded
  • Lot Size Area: 0.22
  • Lot Size Units: Acres
  • Parcel Number: 500c328
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.55192

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

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
$170,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,970
Avg. Annual Appreciation
57.17%
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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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $85,000 None Listed On Document
Warranty Deed $78,000 --
Warranty Deed $65,000 --
Warranty Deed $40,000 Hudson John T
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $23,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $108,600 Construction
Previous Owner $36,000 Credit Line Revolving
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: 3909573

Canopy MLS (Canopy Realtor® Association)

APN: 500-C328