Seller's Agent in 2024
Stephannie Chesley
Coldwell Banker Realty
(800) 974-7864
46 Total Sales
1104 N Salisbury Ave Unit 1 Spencer, NC 28159
2
Beds
1
Bath
1,192
Sq Ft
0.39
Acres
Highlights
- Wood Flooring
- Laundry Room
- Wood Siding
- Old World Architecture
- 1-Story Property
About This Home
As of July 2024PRICE TO SELL! Great Investment Opportunity just minutes from Downtown Spencer and Salisbury. The property will require renovations before occupancy. The home offers a den, kitchen/dining, 2/BEDS, 1/BATH ON 0.39-ACRE LOT, located 3 minutes' drive to grocery stores and restaurants, 7 minutes away from downtown Spencer, and 13 minutes to booming downtown Salisbury. Close to all major highways. Great addition to your investment portfolio. This has always been an investment property, the seller has very little knowledge of the condition. There are 3 other properties under this parcel ID. Each property is being sold separately. This listing pertains to the sale of lot described as lot#1 property address 1104 N. Salisbury Av. Spencer, NC. Tenants are on a month-to-month lease. There is not HVAC, (No heat or Air) AS IS, SELLER WILL NOT MAKE REPAIRS!
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Email: stephannie.mckinney@cbrealty.com License #296603 Listed on: 05/16/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,193
Year Built
- Built in 1920
Parking
- Driveway
Home Design
- Old World Architecture
- Wood Siding
Interior Spaces
- 1-Story Property
- Crawl Space
- Laundry Room
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Listing and Financial Details
- Assessor Parcel Number 038067
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 2024
Closed on
Jul 17, 2024
Sold by
Slate Investments Llc
Bought by
Jammex Properties Llc
Seller's Agent
Stephannie Chesley
Coldwell Banker Realty
Buyer's Agent
Charmaine Steele
Prime 1 LIR LLC
List Price
$85,000
Sold Price
$70,000
Premium/Discount to List
-$15,000
-17.65%
Total Days on Market
28
Views
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,763
Avg. Annual Appreciation
338.66%
Original Mortgage
$132,554
Outstanding Balance
$131,878
Interest Rate
6.89%
Mortgage Type
FHA
Estimated Equity
$114,104
Purchase Details
Closed on
Jan 10, 2005
Sold by
Freeman Gail Wood and Freeman Gregory Brye
Bought by
Slate Investments Llc
Purchase Details
Closed on
May 12, 2004
Sold by
Fisher Ruth Lambe and Fisher Jack H
Bought by
Freeman Gail W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,850
Interest Rate
5.49%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $81,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $68,850 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2024 07/24/24 | Sold | $70,000 | -14.6% | $59 / Sq Ft |
| 06/13/2024 06/13/24 | Price Changed | $82,000 | -3.5% | $69 / Sq Ft |
| 05/16/2024 05/16/24 | For Sale | $85,000 | -- | $71 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $2,193 | $194,097 | $25,900 | $168,197 |
| 2023 | $2,193 | $194,097 | $25,900 | $168,197 |
| 2022 | $1,698 | $129,351 | $25,900 | $103,451 |
| 2021 | $1,698 | $129,351 | $25,900 | $103,451 |
| 2020 | $1,698 | $129,351 | $25,900 | $103,451 |
| 2019 | $1,698 | $129,351 | $25,900 | $103,451 |
| 2018 | $1,436 | $110,687 | $25,900 | $84,787 |
| 2017 | $1,436 | $110,687 | $25,900 | $84,787 |
| 2016 | $1,436 | $110,687 | $25,900 | $84,787 |
| 2015 | $1,458 | $110,687 | $25,900 | $84,787 |
| 2014 | $1,500 | $117,397 | $25,900 | $91,497 |
Source: Public Records
Agents Affiliated with this Home
-
Stephannie Chesley
-
Charmaine Steele
Buyer's Agent in 2024
Charmaine Steele
Prime 1 LIR LLC
(704) 293-9653
26 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4140462
APN: 038-067
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