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16 Oak Road

16 Oak Road, Salisbury, NC 28144
House in Rowan
Sold Oct 31, 2019
$364,000
$348,750 by Direct Home Loans Llc
Mortgage Due Aug 01, 2050
Sold Nov 12, 1996
Transfer
Local assessors in Salisbury, NC have categorized 16 Oak Road as a residential type of property. The home was built in 1951 and is 73 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 30,928 square feet. As for the restroom situation, there are 4 full bathrooms. There are also 4 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 16 Oak Road has a total of 3,690 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 garage for those who need a place to park their vehicle. The garage on the property is 525 sqft. In addition, there is a vinyl in-ground pool on the property. Perfect for those who want to host pool parties over the summer. 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 - A+. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 16 Oak Road was last sold in Oct 11, 2019 for $364,000. According to our calculations, that's $98.64 per sqft. Current property owners are expected to pay $8,739 in taxes per year. The property on 16 Oak Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $730,649. To break that down further, the land itself was valued at $262,500. While improvements to the property were assessed at a total of $468,149. 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. 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.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.

Building Features

Exterior

Brick Venner Exterior

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: A+
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 525
  • Parking Space Count: 0
  • Pool Type: Vinyl in-ground pool

    Dimensions

  • Lot Size Square Feet: 30,928
  • Total Building Area: 3,690
  • Building Area: 3,690
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 3,690
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAP OF CLUB DEVELOPMENT
  • Land Acres: 0.71
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L16 B F CLUB DEVELOPMENT COMPANY

Ownership

  • Current Owner : ADAMS RUSS MOORE
  • Current Owner 2: ADAMS MEGAN ELIZABETH
  • Previous Owner : PARSONS MARY LESLIE HUDSON
  • Previous Owner 2: MARY LESLIE HUDSON PARSONS TRU
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Rowan-Salisbury Schools
  • School Tax School District: CITY OF SALISBU
  • Census Tract: 050500

Geography

  • District: 1
  • Parcel: 040 044
  • Municipality: CITY OF SALISBURY
  • Latitude: 35.6868
  • Longitude: -80.4666

    Address

  • Full Address: 16 Oak Rd
  • Address - House Number: 16
  • Address - Street Name: Oak
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Salisbury
  • Carrier Code: C005
  • 4-Digit Zip Code: 6910
  • Zip Code: 28144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,739
  • Tax Rate Code Area: 101:SALISB

    Appraisal Valuation

  • Standard Deviation: 0.2639
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 62
  • Final Value: 541,888
  • High Value: 684,928
  • Low Value: 398,849

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $348,750
  • First Open Lien Mortgage Lender: DIRECT HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Jul 27, 2020
  • First Open Lien Mortgage Loan Amount: $348,750
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $730,649
  • Market Land Value: $262,500
  • Market Improvement Value: $468,149

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $730,649
  • Assessed Land Value: $262,500
  • Assessed Improvements Value: $468,149

    Sales

  • Current Sale Contract Date: Oct 11, 2019
  • Current Sale Recording Date: Oct 31, 2019
  • Current Sale Transaction ID: 11672309798
  • Current Sale Price: $364,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 12, 1996
  • Previous Sale Contract Date: Nov 12, 1996
  • Previous Sale Document Type: Warranty Deed

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Frequently Asked Questions

What neighborhood is 16 Oak Road located in?
The 16 Oak Road is a house located in the neighborhood of Rowan in Salisbury, Salisbury.
What is the average sales price for listings in 16 Oak Road?
The average sales price for units in 16 Oak Road is $0 currently.

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