NOT LISTED FOR SALE

885 E Ritchie Rd Salisbury, NC 28146

Estimated Value: $322,000 - $356,000

3 Beds
2 Baths
1,392 Sq Ft
$243/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $305,000 $219 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,916/month

20 Days on Market

Highlights

  • Deck
  • Front Porch
  • Tile Flooring
  • Ranch Style House
  • Laundry Room
  • Kitchen Island

About This Home

As of April 2022

Sitting on a very nice and flat 1.19 acre lot this brick ranch with basement is just what you are looking for! And to make it even better the sellers have already updated/remodeled the home for the new owner! Updates include roof, HVAC, concrete driveway, kitchen, flooring, paint, bathrooms, windows, and more. Inside you will find a nice open floor plan, beautiful new kitchen with granite counters and island, new cabinets, stainless steel appliances, new flooring, and the list goes on! Unfinished basement is great for storage or could easily be converted to living space. Don't miss this opportunity to own this home!

Last Agent to Sell the Property

Chris Wagner

COMPASS License #229888 Listed on: 03/16/2022

COMPASS

Last Buyer's Agent

Ashley Credle

Leisurely Real Estate License #324082

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,757

Year Built

  • Built in 1972

Lot Details

  • Zoning described as RR

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Front Porch

Utilities

  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 401049

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,757

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1972
  • Ratio Current Price By Acre: 256302.52
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Interior Amenities: Attic Stairs Pulldown, Kitchen Island
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1392
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 896
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 896
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Deck,Front
  • Appliances: Ceiling Fan(s), Electric Cooktop, Dishwasher, Electric Oven, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1392
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Garage - 1 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: In Basement
  • Water Source: Filtration System, Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 401049
  • Zoning Description: RR

Tax Info

  • RATIO List Price By Tax Amount: 1.70345

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
Mar 16, 2022
Closed on
Apr 19, 2022
Sold by
Lain Snow Weston and Brewer Maggie
Bought by
Brennan Alexa and Brennan Robert
Seller's Agent
Chris Wagner
COMPASS
Buyer's Agent
Ashley Credle
Leisurely Real Estate
List Price
$279,999
Sold Price
$305,000
Premium/Discount to List
$25,001
8.93%
Current Estimated Value
$338,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,146
Avg. Annual Appreciation
2.97%
Original Mortgage
$289,750
Outstanding Balance
$274,219
Interest Rate
5%
Mortgage Type
Balloon
Estimated Equity
$63,927

Purchase Details

Closed on
Nov 22, 2019
Sold by
Basinger Tony A and Basinger Shelly T
Bought by
Snow Weston Lain and Snow Maggie Brewer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2019
Sold by
Hinkle Deidre L and Hinkle Brian D
Bought by
Basinger Tony A and Basinger Shelley T

Purchase Details

Closed on
Jan 1, 1987
Bought by
Lee John H
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
Brennan Alexa $305,000 Norwood Armstrong & Stokes Pll
Snow Weston Lain $183,000 None Available
Basinger Tony A $35,000 None Available
Lee John H $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brennan Alexa $289,750
Previous Owner Snow Weston Lain $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2022 04/18/22 Sold $305,000 +8.9% $219 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $279,999 0.0% $201 / Sq Ft
02/28/2022 02/28/22 For Sale $279,999 0.0% $201 / Sq Ft
02/25/2022 02/25/22 For Sale $279,999 -- $201 / 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 $1,757 $262,182 $36,890 $225,292
2024 $1,757 $262,182 $36,890 $225,292
2023 $1,757 $262,182 $36,890 $225,292
2022 $1,229 $164,372 $30,940 $133,432
2021 $1,216 $164,372 $30,940 $133,432
2020 $1,229 $164,372 $30,940 $133,432
2019 $894 $120,831 $30,940 $89,891
2018 $786 $107,854 $30,940 $76,914
2017 $786 $107,854 $30,940 $76,914
2016 $817 $107,854 $30,940 $76,914
2015 $829 $107,854 $30,940 $76,914
2014 $838 $111,460 $30,940 $80,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3831750

Canopy MLS (Canopy Realtor® Association)

APN: 401-049