NOT LISTED FOR SALE

Estimated Value: $397,000 - $478,000

2 Beds
2.5 Baths
1,600 Sq Ft
$266/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $326,000 $204 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,824/month

18 Days on Market

Highlights

  • Wood Flooring
  • Solid Surface Countertops
  • Forced Air Heating and Cooling System
  • Attic
  • Porch
  • Ceiling Fan

About This Home

As of August 2020

Bet you never knew Old Salem had it's own version of Rainbow Row! Completed in April of '19, this like new townhome boasts luxury finishes, high end design, full unfinished basement w/a 300 sq. foot room ready for flooring & sheetrock, oversized garage, plus location, location! Downtown living w/a large deck to entertain, & front covered porch for coffee sipping while smelling Camino's bread baking across the street. Walk a street over to enjoy the charm of Old Salem. Hurry, won't last! See agent remarks.

Last Agent to Sell the Property

Ashley Lay

Keller Williams Realty Elite License #241871 Listed on: 06/09/2020

Keller Williams Realty Elite

Last Buyer's Agent

Ashley Lay

Keller Williams Realty Elite License #241871 Listed on: 06/09/2020

Keller Williams Realty Elite

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,931

Year Built

  • Built in 2018

Lot Details

  • 1,307

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Basement Garage
  • Driveway

Interior Spaces

  • 1,512 Sq Ft Home
  • 1,300-1,600 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Great Room with Fireplace
  • Attic
  • Unfinished Basement

Kitchen

  • Convection Oven
  • Free-Standing Range
  • Warming Drawer
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer Hookup

Schools

  • Flat Rock Middle School
  • Parkland High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Porch
  • 1,307 Sq Ft Lot

Community Details

  • Salem Place Townhomes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6835211872
  • 1% Total Tax Rate

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,931

Year Built

Built in 2018

Lot Details

0

HOA Fees

$125 per month

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Subdivision Name: Salem Place Townhomes
  • Directions: South on Marshall Street to R - West Street; L - Poplar Street
  • Above Grade Finished Sq Ft: 1512
  • Unit Levels: Two
  • Structure Type: Townhouse
  • Year Built: 2018
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • TRIADMLS_AdCopy: Old Salem's own version of Rainbow Row! Like new townhome boasts luxury finishes, high end design, unfinished bsmt rm w/300 sq.ft. Oversized garage, deck & covered porch. Walk to downtown breweries, restaurants, bakery's and stroll through Old Salem.
  • Special Features: None

Interior Features

  • Appliances: Microwave, Convection Oven, Dishwasher, Disposal, Slide-In Oven/Range, Warming Drawer, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Great Room, Built-in Features, Ceiling Fan(s), Dead Bolt(s), Separate Shower, Solid Surface Counter
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Blower Fan, Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 1512
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None
  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Cement Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage, Driveway, Garage Door Opener, Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Laundry Room - 2nd Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 125
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Diggs-Latham
  • High School: Parkland
  • Middle Or Junior School: Flat Rock

Lot Info

  • Parcel #: 6835211872
  • Zoning: PB
  • TRIADMLS_PricePerAcre: 11066666.6667
  • TRIADMLS_PlatPage: 189
  • TRIADMLS_DeedPage: 3657
  • TRIADMLS_DeedBook: 3453
  • TRIADMLS_PlatBook: 68
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2931
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.3909

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Aug 20, 2020
Sold by
Lay John Kevin and Lay Ashley S
Bought by
Mugnolo Anthony Joseph and Mugnolo Lisa Richards
Seller's Agent
Ashley Lay
Keller Williams Realty Elite
Buyer's Agent
Ashley Lay
Keller Williams Realty Elite
Sold Price
$326,000
Current Estimated Value
$426,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,925
Avg. Annual Appreciation
5.54%
Original Mortgage
$293,400
Outstanding Balance
$263,754
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$162,475

Purchase Details

Listed on
Feb 15, 2019
Closed on
Mar 27, 2019
Sold by
Berkley Hall Construction Llc
Bought by
Lay John Kevin and Lay Ashley S
Seller's Agent
Lloyd Dillon
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Ashley Lay
Keller Williams Realty Elite
List Price
$315,110
Sold Price
$309,900
Premium/Discount to List
-$5,210
-1.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.74%
Original Mortgage
$247,920
Interest Rate
4.3%
Mortgage Type
New Conventional
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
Mugnolo Anthony Joseph $326,000 None Available
Lay John Kevin $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mugnolo Anthony Joseph $293,400
Previous Owner Lay John Kevin $247,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $326,000 +5.2% $251 / Sq Ft
04/05/2019 04/05/19 Sold $309,900 -1.7% $238 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $315,110 -- $242 / Sq Ft
Source: Triad MLS

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
2023 $4,340 $324,200 $80,000 $244,200
2022 $4,259 $324,200 $80,000 $244,200
2021 $4,183 $324,200 $80,000 $244,200
2020 $3,187 $230,800 $61,500 $169,300
2019 $2,931 $210,700 $61,500 $149,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 980358

Triad MLS

APN: 6835-21-1872