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334 Grove Street

334 Grove Street, Salisbury, NC 28144
Property in Rowan
Sold Apr 06, 2018
$140,000
$106,400 by Pinnacle Bank
Mortgage Due May 01, 2048
Sold Mar 30, 2017
$72,000
Local assessors in Salisbury, NC have categorized 334 Grove Street as a residential type of property. The home was built in 1961 and is 63 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 11,587 square feet. The linear feet between the front and back of the lot was measured at 145 ft and the front of the lot was measured at 80 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 334 Grove Street has a total of 1,421 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 360 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 - C+. Lots of brick 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 334 Grove Street sold most recently in Apr 5, 2018 for a total of $140,000. If you work out the math, that's approximately a cost of $98.52 per sqft. Before that, the property was also sold for $72,000 in Mar 28, 2017. 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 $2,739 in taxes each year. 334 Grove Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $228,990. If we break it down further, the land itself was valued at $28,000. Improvements to the property, however, were assessed at a total of $200,990. 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: 1961
  • Effective Year Built: 2010
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 739
  • Garage Type: Garage
  • Garage Square Area: 360
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,587
  • Lot Size Depth Feet: 145
  • Lot Size Frontage Feet: 80
  • Total Building Area: 1,421
  • Building Area: 1,421
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,421
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRVIEW
  • Land Acres: 0.266
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L19PT20

Ownership

  • Current Owner : MATTHEWS VICKIE A
  • Previous Owner : SALISBURY COMMUNITY DEVELOPMENT
  • Owner Before Previous Owner: WELLS FARGO BANK N A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 1
  • Parcel: 002 176
  • Municipality: CITY OF SALISBURY
  • Latitude: 35.6797
  • Longitude: -80.4771

    Address

  • Full Address: 334 Grove St
  • Address - House Number: 334
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: NC
  • City Name: Salisbury
  • Carrier Code: C015
  • 4-Digit Zip Code: 3228
  • Zip Code: 28144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,739
  • Tax Rate Code Area: 101:SALISB

    Appraisal Valuation

  • Standard Deviation: 0.3541
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 29
  • Final Value: 100,747
  • High Value: 136,422
  • Low Value: 65,071

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $144,380
  • First Open Lien Mortgage Lender: PINNACLE BANK
  • First Open Lien Mortgage Recording Date: Apr 06, 2018
  • First Open Lien Mortgage Loan Amount: $106,400
  • 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: May 01, 2048
  • Second Open Lien Mortgage Lender: NORTH CAROLINA HOUSING FINANCE
  • Second Open Lien Mortgage Recording Date: Apr 06, 2018
  • Second Open Lien Mortgage Loan Amount: $27,980
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Third Open Lien Mortgage Lender: SALISBURY COMMUNITY DEVELOPMEN
  • Third Open Lien Mortgage Recording Date: Apr 06, 2018
  • Third Open Lien Mortgage Loan Amount: $10,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Third Open Lien Mortgage Loan Due Date: Mar 05, 2048

    Market Valuation

  • Market Total Value: $228,990
  • Market Land Value: $28,000
  • Market Improvement Value: $200,990

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $228,990
  • Assessed Land Value: $28,000
  • Assessed Improvements Value: $200,990

    Sales

  • Current Sale Contract Date: Apr 05, 2018
  • Current Sale Recording Date: Apr 06, 2018
  • Current Sale Transaction ID: 11442250831
  • Current Sale Price: $140,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 30, 2017
  • Previous Sale Contract Date: Mar 28, 2017
  • Previous Sale Amount: $72,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PINNACLE BANK
  • First Mortgage Transaction Date: Apr 06, 2018
  • First Mortgage Loan Amount: $106,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2048

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Frequently Asked Questions

What neighborhood is 334 Grove Street located in?
The 334 Grove Street is a located in the neighborhood of Rowan in Salisbury, Salisbury.
What is the average sales price for listings in 334 Grove Street?
The average sales price for units in 334 Grove Street is $0 currently.

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