NOT LISTED FOR SALE

1013 N Main St Salisbury, NC 28144

Estimated Value: $270,000 - $300,000

3 Beds
1.5 Baths
2,043 Sq Ft
$139/Sq Ft Est. Value

Last Sold March 22, 2019

Last sale price $67,200 $33 Per Sq Ft

Est. 323% increase in value since last sale

Current estimated payment $1,760/month

37 Days on Market

Highlights

  • 0.51 Acre Lot
  • Wood Flooring
  • Front Porch
  • Fireplace in Primary Bedroom
  • No HOA
  • Built-In Features

About This Home

As of March 2019

Fantastic opportunity to renovate one of the most imposing homes in Salisbury's North Main Historic District! This 1923 Home was built by the McCubbins family and was part of the "Steelworth" subdivision. Sits high on a hill on 3 lots just over .5 acre. Has a towering command and view of the surrounding homes. While this house sustained a fire, it has been gutted, new porch rebuilt with a new porch roof, and all of the wood windows have been restored. It is a blank slate. Well built home is structurally sound and ready for your upfits. most of the original moldings are stacked and labeled ready for replacement. The house will come with Historic Salisbury Foundation's Covenants and Restrictions. Currently there is exterior money available for rehab. The home will need all new mechanical's. Eligible for NC state tax credits of 15% for approved rehab.

Last Agent to Sell the Property

Greg Rapp

Salisbury Real Estate LLC Brokerage Email: gregrapprealtor@gmail.com License #210485 Listed on: 10/08/2018

Last Buyer's Agent

Mike Chisholm

Howard Hanna Allen Tate Concord License #188231

Howard Hanna Allen Tate Concord

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 150x150
  • Property is zoned HR

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • Garage
  • Basement Garage
  • On-Street Parking
  • 4 Open Parking Spaces

Outdoor Features

  • Front Porch

Community Details

  • No Home Owners Association
  • Historic District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 011141

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1923
  • Road Surface Type: Gravel, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 32.89
  • Attribution Contact: gregrapprealtor@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Pillar/Post/Pier
  • Flooring: Wood
  • Interior Amenities: Built-in Features
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1088
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 400
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 400
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 955
  • Above Grade Finished Sq Ft: 2043
  • Has Basement: Basement
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Primary Bedroom
  • Living Area: 2043

Exterior Features

  • New Construction: No
  • Roof: Shingle, Composition
  • Construction Type: Site Built
  • Construction Type: Aluminum, Wood
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: On Street, Parking Space(s)

Utilities

  • Heating: None
  • Sewer: Public Sewer
  • Laundry Features: Other - See Remarks
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 011141
  • Lot Size Acres: 0.51
  • Lot Size: 150x150
  • Lot Size Sq Ft: 22215
  • ResoLotSizeUnits: Acres
  • Zoning Specification: HR

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2018
Closed on
Mar 22, 2019
Sold by
Historic Salisbury Foundation Inc
Bought by
Freil Stacie A
Seller's Agent
Greg Rapp
Salisbury Real Estate LLC
Buyer's Agent
Mike Chisholm
Howard Hanna Allen Tate Concord
List Price
$69,900
Sold Price
$67,200
Premium/Discount to List
-$2,700
-3.86%
Current Estimated Value
$284,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,297
Avg. Annual Appreciation
23.68%
Original Mortgage
$150,998
Outstanding Balance
$132,484
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$152,013

Purchase Details

Closed on
Dec 28, 2017
Sold by
Lockhart Christina
Bought by
Historic Salisbury Foundation Inc

Purchase Details

Closed on
Oct 13, 2010
Sold by
Nibasumba Patrice and Niyongabo Goretti
Bought by
Lockhart Christina

Purchase Details

Closed on
May 4, 2007
Sold by
Brown Harriet M
Bought by
Nibasumba Patrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,443
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 9, 2007
Sold by
Mcginnis Muriel Trexler
Bought by
Muriel T Mcginnis Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Freil Stacie A $67,500 None Available
Historic Salisbury Foundation Inc $52,000 None Available
Lockhart Christina $75,000 None Available
Nibasumba Patrice $97,000 None Available
Muriel T Mcginnis Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freil Stacie A $150,998
Previous Owner Nibasumba Patrice $112,443
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2019 03/22/19 Sold $67,200 -3.9% $33 / Sq Ft
11/14/2018 11/14/18 Pending -- -- --
10/08/2018 10/08/18 For Sale $69,900 -- $34 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,258 $272,410 $49,238 $223,172
2024 $3,258 $272,410 $49,238 $223,172
2023 $3,258 $272,410 $49,238 $223,172
2022 $2,094 $152,051 $37,875 $114,176
2021 $895 $65,026 $32,573 $32,453
2020 $968 $70,328 $37,875 $32,453
2019 $715 $51,906 $32,573 $19,333
2018 $717 $52,012 $32,572 $19,440
2017 $703 $52,012 $32,572 $19,440
2016 $1,195 $90,894 $32,572 $58,322
2015 $1,202 $90,894 $32,572 $58,322
2014 $1,167 $89,317 $28,663 $60,654
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3441647

Canopy MLS (Canopy Realtor® Association)

APN: 011-141