$77,800
SOLD MAR 3, 2023

785 Playground Ln Salisbury, NC 28146

2 Beds
1 Bath
516 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$151 Per Sq Ft

22% Below List Price

115 Days on Market

Highlights

  • Pier or Dock
  • Laundry Room
  • 1-Story Property
  • Deck
  • Picnic Area
  • Wood Siding

About This Home

As of November 2024

Wow! Great getaway or Air BNB. Large great room and kitchen combination. Two bedroom 1 full bathroom. Deck. Comes completely furnished. Community pier, boat ramp and picnic area.

Last Agent to Sell the Property

Victor Poplin

Select Properties of the Carolinas LLC License #C19720 Listed on: 10/25/2022

Last Buyer's Agent

Victor Poplin

Select Properties of the Carolinas LLC License #C19720 Listed on: 10/25/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $468

Year Built

  • Built in 1977

Lot Details

  • 8,276 Sq Ft Lot

HOA Fees

  • $7 Monthly HOA Fees

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 516 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Pull Down Stairs to Attic
  • Electric Range
  • Laundry Room

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Morgan Elementary School
  • Clyde A Erwin Middle School
  • East Rowan High School

Utilities

  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 500C328

Community Details

Overview

  • Summer Place Property Owners HOA
  • Summer Place Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Pier or Dock

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
  • Year Built: 1977
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 150.78
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Attic Stairs Pulldown
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 516
  • 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
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 516
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 516
  • Bedroom Main: 2
  • Room Count: 4
  • Sq Ft Other: 75

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Water Body Name: High Rock Lake
  • Waterfront Features: Boat Ramp – Community, Lake, Pier - Community
  • Construction Type: Wood
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Open Parking: No
  • Parking Features: None

Utilities

  • Heating: Ductless
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Picnic Area
  • Association Fee: 80
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Summer Place Property Owners HOA
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 80.00

Schools

  • Middle Or Junior School: Clyde A Erwin
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.19
  • Lot Size Units: Acres
  • Parcel Number: 500C328
  • Lot Size Acres: 0.19
  • Lot Size: Irregular
  • Lot Size Sq Ft: 8276
  • ResoLotSizeUnits: Acres
  • Zoning Specification: SFR

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
$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: 3917573

Canopy MLS (Canopy Realtor® Association)

APN: 500-C328