NOT LISTED FOR SALE
5 Beds
4.5 Baths
2,369 Sq Ft
3,498 Sq Ft Lot

Sale Details

Date Sold: July 20, 2023

Last sale price $550,000 $232 Per Sq Ft

33 Days on Market

Highlights

  • Public Water Access
  • Waterfront
  • Window Unit Cooling System
  • Scenic Views
  • Deck
  • Shops

About This Home

As of July 2023

BACK ON THE MARKET DUE TO BUYERS CHANGE OF HEART - CASH OFFERS & QUICK CLOSINGS WILL BE GIVEN PRIORITY! Salisbury Beach's revitalization is in full swing and you can be a part of it! Located a stone's throw from Salisbury Beach Center, newly constructed Carousel Pavilion, Blue Ocean Music Hall and the gorgeous oceanfront boardwalk, 108 Central Avenue is ideally located and consists of 3 apartments in the main building and a separate detached 1 bedroom cottage. Each unit offers single level living with 1-2 bedrooms, water views and private decks with 2nd & 3rd floor units, outdoor space. Deeded right of way provides direct access to the beach. 2 car off street parking. A little sweat equity will go a long way to bring this property to it's full potential for either short or long term rentals, or enjoy life at the beach and have your tenants pay your mortgage. Current flood insurance $1,168/year. Property is vacant and available immediately.

Last Agent to Sell the Property

Cheryl Caldwell

William Raveis Real Estate Listed on: 05/22/2023

William Raveis Real Estate

Last Buyer's Agent

Luis Torres

RE/MAX Prof Associates

RE/MAX Prof Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,373

Year Built

  • Built in 1920

Lot Details

  • 3,498 Sq Ft Lot
  • Waterfront

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,369 Sq Ft Home
  • Insulated Windows
  • Scenic Vista Views
  • Washer

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Car Parking Spaces
  • Unpaved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Public Water Access
  • Walking Distance to Water
  • Deck

Location

  • Property is near schools

Schools

  • Salisbury Elementary School
  • Triton Middle School
  • Triton High School

Utilities

  • Window Unit Cooling System
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number M:33 P: 130,2147583
  • Tax Block 130

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,373

Year Built

Built in 1920

Lot Details

3,498 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1920
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Flooring: Tile,Vinyl
  • Interior Amenities: Unit 1(Ceiling Fans,Storage,Bathroom with Shower Stall), Unit 2(Ceiling Fans,Walk-In Closet,Bathroom with Shower Stall,Open Floor Plan), Unit 3(Bathroom with Shower Stall), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Mudroom), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 2(Range,Refrigerator,Washer,Dryer), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Utility Connections Varies per Unit
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Laundry Features: Washer Hookup, Unit 1(Washer & Dryer Hookup)
  • Living Area: 2369
  • Spa YN: No
  • Stories Total: 9
  • Window Features: Insulated Windows
  • MAIN LO: AN4850
  • MAIN SO: K01527

Exterior Features

  • Exterior Features: Varies per Unit, Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Composite
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Waterfront, Beach Front, Ocean, Walk to, Direct Access, Public, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Unpaved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Washer Hookup, Varies per Unit
  • Cooling: Window Unit(s), Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC), Unit 4(Window AC)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas), Unit 4(Hot Water Baseboard,Gas)
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping, Highway Access, House of Worship, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:33 P: 130,2147583
  • Zoning: 4
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3498
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6373
  • Tax Block: 130

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

MLS Schools

  • High School: Triton
  • Elementary School: Salisbury
  • Middle Or Junior School: Triton

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Jul 20, 2023
Sold by
Bought by
Seller's Agent
Cheryl Caldwell
William Raveis Real Estate
Buyer's Agent
Luis Torres
RE/MAX Prof Associates
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Views
175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
0.0671%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2013
Sold by
Bought by

Purchase Details

Closed on
May 23, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$550,000 None Available
$282,000 --
$109,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $550,000
Previous Owner $197,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/20/2023 07/20/23 Sold $550,000 -4.3% $232 / Sq Ft
06/25/2023 06/25/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $575,000 0.0% $243 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $575,000 -- $243 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,445 $837,800 $470,600 $367,200
2024 $8,290 $793,300 $470,600 $322,700
2023 $8,221 $590,100 $329,400 $260,700
2022 $7,926 $568,500 $329,400 $239,100
2021 $7,988 $558,200 $329,400 $228,800
2020 $6,258 $546,100 $329,400 $216,700
2019 $7,292 $520,200 $316,500 $203,700
2018 $6,751 $516,800 $316,500 $200,300
2017 $6,613 $496,700 $316,500 $180,200
2016 $5,414 $463,900 $284,800 $179,100
2015 $4,977 $423,600 $284,800 $138,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73114746

MLS Property Information Network (MLS PIN)
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