NOT LISTED FOR SALE

8 Old Farm Rd Salisbury, NC 28147

Estimated Value: $668,000 - $1,002,501

3 Beds
5 Baths
5,481 Sq Ft
$149/Sq Ft Est. Value

Last Sold October 16, 2019

Last sale price $410,000 $75 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,434/month

363 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Circular Driveway
  • Private Lot
  • Walk-In Pantry
  • Skylights

About This Home

As of October 2019

Custom built home on approx. 6 acres with a huge detached garage/workshop. A very unique find! Beautiful lot with private pond. Large master on main with closet space you dream of! Separate office, large dining room, living room with fireplace and large cozy family room with built in cabinets and wood rafters. Every room in this home is large. Must see to appreciate. All bedrooms have private baths and walk in closets. As if that is not enough wait until you see the huge work shop with partial finished heated space!

Last Agent to Sell the Property

Vickie Barrett

Dazcon Properties License #257546 Listed on: 08/16/2018

Co-Listed By

Jack Thesier

Dazcon Properties License #196498

Last Buyer's Agent

Bill Washburn

Helen Adams Realty License #291649

Helen Adams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • Waterfront
  • Private Lot
  • Level Lot
  • Many Trees

Parking

  • Attached Garage
  • Circular Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Wet Bar
  • Skylights
  • Gas Log Fireplace
  • Crawl Space
  • Laundry Chute

Kitchen

  • Walk-In Pantry
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Shed
  • Well

Listing and Financial Details

  • Assessor Parcel Number 464E219

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Ratio Close Price By List Price: 0.91131
  • Ratio Close Price By Original Li: 0.74545
  • Ratio Current Price By Acre: 68106.31
  • Ratio Current Price By Sq Ft: 74.80
  • Year Built: 1983
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1732
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Electric Dryer Hookup, Microwave, Wall Oven
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Built-Ins, Kitchen Island, Laundry Chute, Skylight(s), Walk-In Closet(s), Wet Bar, Walk-In Pantry
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 3749
  • Total Sq Ft: 5481
  • Sq Ft Unheated Main: 936
  • Sq Ft Unheated Total: 936

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Circular, Concrete
  • Parking: Attached Garage, Detached Garage, Garage - 2 Car, Garage - 3 Car

Utilities

  • Heating: Gas Hot Air Furnace, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Gas

Lot Info

  • Lot Features: Waterfront, Water view, Level, Lake, Private, Trees
  • Parcel Number: 464E219
  • Plat Reference Section Pages: 29
  • Zoning Specification: res

Tax Info

  • Tax Value: 440875.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2018
Closed on
Sep 23, 2019
Sold by
Davis Joshua and Ferguson Davis Amanda D
Bought by
Comey Christina B and Comey John A
Seller's Agent
Vickie Barrett
Dazcon Properties
Buyer's Agent
Bill Washburn
Helen Adams Realty
List Price
$550,000
Sold Price
$410,000
Premium/Discount to List
-$140,000
-25.45%
Current Estimated Value
$765,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,620
Avg. Annual Appreciation
11.65%
Original Mortgage
$328,000
Outstanding Balance
$286,111
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$529,264

Purchase Details

Closed on
Oct 27, 2010
Sold by
Ainsworth Kelly
Bought by
Davis Joshua and Ferguson Davis Amanda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2007
Sold by
Branning Patricia A and Branning Cloide C
Bought by
Ainsworth Kelly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,200
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
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Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Comey Christina B $410,000 None Available
Davis Joshua $380,000 None Available
Ainsworth Kelly L $618,000 Netco Team 8
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Comey Christina B $328,000
Previous Owner Davis Joshua $304,000
Previous Owner Ainsworth Kelly L $556,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2019 10/16/19 Sold $410,000 -8.9% $75 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
06/22/2019 06/22/19 Price Changed $449,900 -5.3% $82 / Sq Ft
05/14/2019 05/14/19 Price Changed $474,900 -3.1% $87 / Sq Ft
02/19/2019 02/19/19 Price Changed $489,900 -2.0% $89 / Sq Ft
09/19/2018 09/19/18 Price Changed $499,900 -9.1% $91 / Sq Ft
08/16/2018 08/16/18 For Sale $550,000 -- $100 / 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 $5,166 $762,447 $152,000 $610,447
2024 $5,166 $762,447 $152,000 $610,447
2023 $5,166 $762,447 $152,000 $610,447
2022 $3,996 $529,330 $140,000 $389,330
2021 $3,832 $512,590 $140,000 $372,590
2020 $3,832 $512,590 $140,000 $372,590
2019 $3,832 $512,590 $140,000 $372,590
2018 $3,268 $440,875 $140,000 $300,875
2017 $3,268 $440,875 $140,000 $300,875
2016 $3,268 $440,875 $140,000 $300,875
2015 $3,307 $440,875 $140,000 $300,875
2014 $3,216 $449,857 $140,000 $309,857
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3425360

Canopy MLS (Canopy Realtor® Association)

APN: 464-E219