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1222 Kingsway Drive

1222 Kingsway Drive, Salisbury, NC 28146
House in Kingstree
Sold Nov 01, 2019
$312,000
$428,041 by Lakeview Loan Servicing Llc
Mortgage Due Aug 01, 2052
Sold Apr 15, 2016
$282,000
$225,600 by Wells Fargo Bank Na
Mortgage Due May 01, 2046
Local assessors in Salisbury, NC have categorized 1222 Kingsway Drive as a residential type of property. The home was built in 2013 and is 11 years old. It was most recently renovated and altered in 2015. The property's lot size has been calculated to be 165,528 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1222 Kingsway Drive has a total of 2,625 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 1,600 sqft. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B+. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source. 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, 1222 Kingsway Drive sold most recently in Nov 1, 2019 for a total of $312,000. If you work out the math, that's approximately a cost of $118.86 per sqft. Before that, the property was also sold for $282,000 in Apr 15, 2016. 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 $2,709 in taxes each year. 1222 Kingsway Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $426,643. If we break it down further, the land itself was valued at $60,000. Improvements to the property, however, were assessed at a total of $366,643. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Exterior

Vinyl Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2015
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B+
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 1,600
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 165,528
  • Total Building Area: 2,625
  • Building Area: 2,625
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,625
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KINGSTREE SUBDIVIDION
  • Land Acres: 3.8
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L32 KINGSTREE SUBDIVISION PH2

Ownership

  • Current Owner : CARROLL RONNIE EDWARD
  • Previous Owner : WEBER CRISTY
  • Previous Owner 2: WEBER COLLINS
  • Owner Before Previous Owner: DEKARSKE DAVID A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Rowan-Salisbury Schools
  • School Tax School District: UNION
  • Census Tract: 050903

Geography

  • District: 9
  • Parcel: 618B008
  • Municipality: UNION FIRE DISTRICT
  • Latitude: 35.6193
  • Longitude: -80.3857

    Address

  • Full Address: 1222 Kingsway Dr
  • Address - House Number: 1222
  • Address - Street Name: Kingsway
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Salisbury
  • Carrier Code: R021
  • 4-Digit Zip Code: 7188
  • Zip Code: 28146

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,709
  • Tax Rate Code Area: 116:UNION

    Appraisal Valuation

  • Standard Deviation: 0.2214
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 69
  • Final Value: 481,180
  • High Value: 587,752
  • Low Value: 374,609

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $428,041
  • First Open Lien Mortgage Lender: LAKEVIEW LOAN SERVICING LLC
  • First Open Lien Mortgage Recording Date: Jul 29, 2022
  • First Open Lien Mortgage Loan Amount: $428,041
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $426,643
  • Market Land Value: $60,000
  • Market Improvement Value: $366,643

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $426,643
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $366,643

    Sales

  • Current Sale Contract Date: Nov 01, 2019
  • Current Sale Recording Date: Nov 01, 2019
  • Current Sale Transaction ID: 11672642320
  • Current Sale Price: $312,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 15, 2016
  • Previous Sale Contract Date: Apr 15, 2016
  • Previous Sale Amount: $282,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Nov 01, 2019
  • First Mortgage Loan Amount: $306,348
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Apr 15, 2016
  • Previous Mortgage Loan Amount: $225,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2046

About Kingstree



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Frequently Asked Questions

What neighborhood is 1222 Kingsway Drive located in?
The 1222 Kingsway Drive is a house located in the neighborhood of Kingstree in Kingstree, Salisbury.
What is the average sales price for listings in 1222 Kingsway Drive?
The average sales price for units in 1222 Kingsway Drive is $0 currently.

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