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825 Timberlane Trail

825 Timberlane Trail, Salisbury, NC 28147
Property in Summerfield
Sold Feb 18, 2013
$228,000
$153,000 by Sharonview Fcu
Mortgage Due Jan 01, 2052
825 Timberlane Trail 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 1997 and is 27 years old. However, we must point out that the home was most recently renovated and altered in 2006. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 825 Timberlane Trail has 3,688 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 116,305 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 1,200 sqft. Love to swim? You'll be excited to find out that there is a vinyl in-ground pool on the property. From what we've gathered, the quality of these control joints have been graded with a letter grade of A+ 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 a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 825 Timberlane Trail sold most recently in Feb 15, 2013 for a total of $228,000. If you work out the math, that's approximately a cost of $61.82 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 $3,579 in taxes each year. 825 Timberlane Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $528,338. If we break it down further, the land itself was valued at $36,500. Improvements to the property, however, were assessed at a total of $491,838. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1997
  • Effective Year Built: 2006
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: A+
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 1,835
  • Garage Type: Detached
  • Garage Square Area: 1,200
  • Parking Space Count: 0
  • Pool Type: Vinyl in-ground pool

    Dimensions

  • Lot Size Square Feet: 116,305
  • Total Building Area: 3,688
  • Building Area: 3,688
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 3,688
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUMMERFIELD
  • Land Acres: 2.67
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L43

Ownership

  • Current Owner : FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Previous Owner : HASSARD WANDA R
  • Previous Owner 2: HASSARD JAMES ASHLEY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rowan-Salisbury Schools
  • School Tax School District: LOCKE
  • Census Tract: 051204

Geography

  • District: 6
  • Parcel: 462 085
  • Municipality: LOCKE FIRE DISTRICT
  • Latitude: 35.6588
  • Longitude: -80.5419

    Address

  • Full Address: 825 Timberlane Trl
  • Address - House Number: 825
  • Address - Street Name: Timberlane
  • Address - Suffix Type: Trl
  • State: NC
  • City Name: Salisbury
  • Carrier Code: R027
  • 4-Digit Zip Code: 7811
  • Zip Code: 28147

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,579
  • Tax Rate Code Area: 126:LOCKE

    Appraisal Valuation

  • Standard Deviation: 0.2611
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 62
  • Final Value: 526,211
  • High Value: 663,639
  • Low Value: 388,783

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $153,000
  • First Open Lien Mortgage Lender: SHARONVIEW FCU
  • First Open Lien Mortgage Recording Date: Dec 28, 2021
  • First Open Lien Mortgage Loan Amount: $153,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $528,338
  • Market Land Value: $36,500
  • Market Improvement Value: $491,838

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $528,338
  • Assessed Land Value: $36,500
  • Assessed Improvements Value: $491,838

    Sales

  • Current Sale Contract Date: Feb 15, 2013
  • Current Sale Recording Date: Feb 18, 2013
  • Current Sale Transaction ID: 1071422469
  • Current Sale Price: $228,000
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)

About Summerfield



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 825 Timberlane Trail located in?
The 825 Timberlane Trail is a located in the neighborhood of Summerfield in Summerfield, Salisbury.
What is the average sales price for listings in 825 Timberlane Trail?
The average sales price for units in 825 Timberlane Trail is $0 currently.

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