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1170 Farm Creek Road

1170 Farm Creek Road, Salisbury, NC 28146
Property in Faith Farms
Sold Jan 15, 2021
$160,000
$163,680 by Mortgage Research Center Llc
Mortgage Due Feb 01, 2051
Sold Oct 23, 2020
$146,500
1170 Farm Creek Road has been categorized by the local assessors in Salisbury, NC as a residential type of property. The building on the property was first built in 2001 and is 23 years old. However, we must point out that the home was most recently renovated and altered in 2014. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1170 Farm Creek Road has 1,248 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 30,492 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1170 Farm Creek Road sold most recently in Jan 14, 2021 for a total of $160,000. If you work out the math, that's approximately a cost of $128.21 per sqft. Before that, the property was also sold for $146,500 in Oct 22, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,152 in taxes each year. 1170 Farm Creek Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $171,899. If we break it down further, the land itself was valued at $33,000. Improvements to the property, however, were assessed at a total of $138,899. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 30,492
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,248
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAITH FARMS
  • Land Acres: 0.7
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L13 .70AC

Ownership

  • Current Owner : RAWLS JOSHUA TILLMAN
  • Current Owner 2: RAWLS MARGARET NICOLE
  • Previous Owner : OFFERPAD SPV BORROWER1 LLC
  • Owner Before Previous Owner: DODGE DALE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rowan-Salisbury Schools
  • School Tax School District: ROCKWELL RURAL
  • Census Tract: 051001

Zoning

  • Zoning: R3:SINGLE

Geography

  • District: 4
  • Parcel: 359E031
  • Municipality: ROCKWELL RURAL FIRE DISTRICT
  • Latitude: 35.5667
  • Longitude: -80.4549

    Address

  • Full Address: 1170 Farm Creek Rd
  • Address - House Number: 1170
  • Address - Street Name: Farm Creek
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Salisbury
  • Carrier Code: R003
  • 4-Digit Zip Code: 9320
  • Zip Code: 28146

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,152
  • Tax Rate Code Area: 113:ROCKWE

    Appraisal Valuation

  • Standard Deviation: 0.3541
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 29
  • Final Value: 107,444
  • High Value: 145,491
  • Low Value: 69,396

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $163,680
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Jan 15, 2021
  • First Open Lien Mortgage Loan Amount: $163,680
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $171,899
  • Market Land Value: $33,000
  • Market Improvement Value: $138,899

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $171,899
  • Assessed Land Value: $33,000
  • Assessed Improvements Value: $138,899

    Sales

  • Current Sale Contract Date: Jan 14, 2021
  • Current Sale Recording Date: Jan 15, 2021
  • Current Sale Transaction ID: 11813997864
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 23, 2020
  • Previous Sale Contract Date: Oct 22, 2020
  • Previous Sale Amount: $146,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Jan 15, 2021
  • First Mortgage Loan Amount: $163,680
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Feb 01, 2051

About Faith Farms



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1170 Farm Creek Road located in?
The 1170 Farm Creek Road is a located in the neighborhood of Faith Farms in Faith Farms, Salisbury.
What is the average sales price for listings in 1170 Farm Creek Road?
The average sales price for units in 1170 Farm Creek Road is $0 currently.

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