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1305 Edgedale Drive

1305 Edgedale Drive, Salisbury, NC 28144
Property in Meadowbrook
Sold May 21, 2004
$108,037
$62,000 by Chase Manhattan Mortgage Corp
Mortgage Due Aug 01, 2034
Local assessors in Salisbury, NC have categorized 1305 Edgedale Drive as a residential type of property. The home was built in 1958 and is 66 years old. It was most recently renovated and altered in 2003. The property's lot size has been calculated to be 11,250 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 750 ft. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1305 Edgedale Drive has a total of 1,562 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. 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 - C+. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on a packaged air conditioning unit for their cooling system. The home's a heating system 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, 1305 Edgedale Drive sold most recently in Apr 27, 2004 for a total of $108,037. If you work out the math, that's approximately a cost of $69.17 per sqft. 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 $1,774 in taxes each year. 1305 Edgedale Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $148,337. If we break it down further, the land itself was valued at $30,000. Improvements to the property, however, were assessed at a total of $118,337. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,250
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,562
  • Building Area: 1,562
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,562
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SECTION 1 MEADOWBROOK
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L23-25 BF

Ownership

  • Current Owner : FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Previous Owner : DYSON GILBERT D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rowan-Salisbury Schools
  • School Tax School District: CITY OF SALISBU
  • Census Tract: 051303

Geography

  • District: 14
  • Parcel: 326A07101
  • Municipality: CITY OF SALISBURY
  • Latitude: 35.6948
  • Longitude: -80.4986

    Address

  • Full Address: 1305 Edgedale Dr
  • Address - House Number: 1305
  • Address - Street Name: Edgedale
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Salisbury
  • Carrier Code: C013
  • 4-Digit Zip Code: 2122
  • Zip Code: 28144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,774
  • Tax Rate Code Area: 101:SALISB

    Appraisal Valuation

  • Standard Deviation: 0.3541
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 29
  • Final Value: 107,044
  • High Value: 144,949
  • Low Value: 69,138

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $62,000
  • First Open Lien Mortgage Lender: CHASE MANHATTAN MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 22, 2004
  • First Open Lien Mortgage Loan Amount: $62,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2034

    Market Valuation

  • Market Total Value: $148,337
  • Market Land Value: $30,000
  • Market Improvement Value: $118,337

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $148,337
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $118,337

    Sales

  • Current Sale Contract Date: Apr 27, 2004
  • Current Sale Recording Date: May 21, 2004
  • Current Sale Transaction ID: 1071272541
  • Current Sale Price: $108,037
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)

About Meadowbrook



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Frequently Asked Questions

What neighborhood is 1305 Edgedale Drive located in?
The 1305 Edgedale Drive is a located in the neighborhood of Meadowbrook in Meadowbrook, Salisbury.
What is the average sales price for listings in 1305 Edgedale Drive?
The average sales price for units in 1305 Edgedale Drive is $0 currently.

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