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1045 Silvertrace Drive

1045 Silvertrace Drive, Salisbury, NC 28144
Sold Jun 07, 2021
$185,000
$109,990 by Inspire Home Loans Inc
Mortgage Due Jul 01, 2051
Sold Mar 06, 2020
$4,526,000
1045 Silvertrace Drive in Salisbury, NC was first built in 2021 and is 3 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1045 Silvertrace Drive has 1,815 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,485 square feet.

Learn more about the property and building on this page. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1045 Silvertrace Drive was last sold in Jun 7, 2021 for $185,000. According to our calculations, that's $101.93 per sqft. Prior to that sales transaction, the property was sold for $4,526,000 in Mar 4, 2020. Current property owners are expected to pay $1,644 in taxes per year. The property on 1045 Silvertrace Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $245,362. To break that down further, the land itself was valued at $10,000. While improvements to the property were assessed at a total of $235,362. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,485
  • Total Building Area: 1,815
  • Building Area: 1,815
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,815
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREYSTONE CONDO
  • Land Acres: 0.08
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: L132 .08AC GREYSTONE CONDO

Ownership

  • Current Owner : GRIGNON ROBERT JAMES
  • Previous Owner : WJH LLC
  • Owner Before Previous Owner: J & E LAND HOLDING COMPANY LLC

Neighborhood

  • School District Name: Rowan-Salisbury Schools
  • School Tax School District: FRANKLIN
  • Census Tract: 051302

Geography

  • Parcel: 325I129
  • Municipality: FRANKLIN FIRE DISTRICT
  • Latitude: 35.7052
  • Longitude: -80.4834

    Address

  • Full Address: 1045 Silvertrace Dr
  • Address - House Number: 1045
  • Address - Street Name: Silvertrace
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Salisbury
  • Carrier Code: R024
  • 4-Digit Zip Code: 7404
  • Zip Code: 28144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,644
  • Tax Rate Code Area: 119:FRANKL

    Appraisal Valuation

  • Standard Deviation: 0.3908
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 21
  • Final Value: 320,977
  • High Value: 446,441
  • Low Value: 195,512

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $109,990
  • First Open Lien Mortgage Lender: INSPIRE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jun 07, 2021
  • First Open Lien Mortgage Loan Amount: $109,990
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $245,362
  • Market Land Value: $10,000
  • Market Improvement Value: $235,362

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $245,362
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $235,362

    Sales

  • Current Sale Contract Date: Jun 07, 2021
  • Current Sale Recording Date: Jun 07, 2021
  • Current Sale Transaction ID: 11837763600
  • Current Sale Price: $185,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Mar 06, 2020
  • Previous Sale Contract Date: Mar 04, 2020
  • Previous Sale Amount: $4,526,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INSPIRE HOME LOANS INC
  • First Mortgage Transaction Date: Jun 07, 2021
  • First Mortgage Loan Amount: $109,990
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

About Greystone Condominiums



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Frequently Asked Questions

What neighborhood is 1045 Silvertrace Drive located in?
The 1045 Silvertrace Drive is a located in the neighborhood of Greystone Condominiums in Greystone Condominiums, Salisbury.
What is the average sales price for listings in 1045 Silvertrace Drive?
The average sales price for units in 1045 Silvertrace Drive is $0 currently.

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