NOT LISTED FOR SALE

1101 Old West Innes St Salisbury, NC 28144

Estimated Value: $251,000 - $305,000

5 Beds
3 Baths
2,104 Sq Ft
$130/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $150,000 $71 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,662/month

58 Days on Market

Highlights

  • Wood Flooring
  • Shed
  • Level Lot
  • Fireplace
  • Storm Doors

About This Home

As of December 2018

LIVE IN THE SPACIOUS HOUSE AND RENT OUT THE STUDIO APARTMENT TO PAY YOUR MORTGAGE!!
THE STONE HOUSE HAS SO MUCH CHARACTER! GLEAMING HARDWOOD FLOORS, BUILT IN SHELVES, MOLDINGS AND HUGE FRONT PORCH.
THERE IS A 25X12 WIRED BUILDING ON THE PROPERTY AND THE STONE HOUSE HAS A FENCE AROUND THE HOME
LONG TERM TENANT IN APARTMENT

Last Agent to Sell the Property

Jayne Land

Century 21 Towne and Country License #186931 Listed on: 09/18/2018

Century 21 Towne and Country

Last Buyer's Agent

Sam Wade

EXP Realty LLC License #296197

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.76

Home Design

  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • Fireplace
  • Storm Doors

Flooring

  • Wood
  • Tile
  • Vinyl

Additional Features

  • Shed
  • Level Lot

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 020 116,115 & 117

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.96774
  • Ratio Close Price By Original Li: 0.96774
  • Ratio Current Price By Acre: 197368.42
  • Ratio Current Price By Sq Ft: 71.29
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Doors and Windows: Storm Door(s)
  • Equipment: Electric Dryer Hookup
  • Fireplace Description: FAMILYRM, Woodstove
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Laundry Location: Basement
  • Sq Ft Additional: 410
  • Total Sq Ft: 2104

Exterior Features

  • Construction: Stone, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Parking: Parking Space - 3

Utilities

  • Heating: Electric Baseboard Heat, Heat Pump - AC, Heat Pump - Heat, Wall Unit - AC
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Isenberg
  • Middle School: Unspecified
  • High School: Salisbury

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.760
  • Parcel Number: 020 116,115 & 117
  • Zoning Specification: CORR MIX

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 156901.00
  • Tax Location: Salisbury

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2018
Closed on
Dec 13, 2018
Sold by
Littleton Eric Todd and Littleton Jennifer A
Bought by
Koon Michael J and Hammill Donna C
Seller's Agent
Jayne Land
Century 21 Towne and Country
Buyer's Agent
Sam Wade
EXP Realty LLC
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%
Current Estimated Value
$265,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,745
Avg. Annual Appreciation
9.50%
Original Mortgage
$126,562
Interest Rate
4.8%
Mortgage Type
VA

Purchase Details

Closed on
Apr 17, 2009
Sold by
Palmore Richard D and Collins Amelia
Bought by
Littleton Jeffrey W

Purchase Details

Closed on
Sep 27, 2007
Sold by
Barringer James H and Honeycutt Caroline B
Bought by
Palmore Richard D and Littleton Jeffrey W

Purchase Details

Closed on
Nov 19, 2004
Sold by
Honeycutt Caroline B and Barringer James H
Bought by
Barringer James H and Honeycutt Caroline B

Purchase Details

Closed on
Nov 18, 2004
Sold by
Barringer James H
Bought by
Barringer James H and Honeycutt Caroline B
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Koon Michael J $150,000 None Available
Littleton Jeffrey W $40,000 None Available
Palmore Richard D $62,000 None Available
Barringer James H -- --
Barringer James H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Koon Michael J $16,383
Open Koon Michael J $132,199
Closed Koon Michael J $126,562
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $150,000 -3.2% $71 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
09/18/2018 09/18/18 For Sale $155,000 -- $74 / 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 $2,479 $207,244 $95,472 $111,772
2024 $2,479 $207,244 $95,472 $111,772
2023 $2,479 $207,244 $95,472 $111,772
2022 $2,067 $150,070 $88,128 $61,942
2021 $2,067 $150,070 $88,128 $61,942
2020 $2,067 $150,070 $88,128 $61,942
2019 $2,067 $150,070 $88,128 $61,942
2018 $1,851 $136,242 $88,128 $48,114
2017 $1,841 $136,242 $88,128 $48,114
2016 $1,791 $136,242 $88,128 $48,114
2015 $1,802 $136,242 $88,128 $48,114
2014 $1,685 $128,934 $103,680 $25,254
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3435759

Canopy MLS (Canopy Realtor® Association)

APN: 020-116