Lucas Jones
Carolina Landmark Realty
(704) 243-5183
45 Total Sales
1 in Salisbury
$589,000 Price
111 E Horah St Salisbury, NC 28144
Salisbury AreaEstimated Value: $425,129
6
Beds
6
Baths
5,178
Sq Ft
$82/Sq Ft
Est. Value
Highlights
- Living Room
- Baseboard Heating
- 5-minute walk to Lincoln Park
- Four Sided Brick Exterior Elevation
- Space Heater
About This Home
As of August 2024CALLING ALL INVESTORS!! Immediate income producing property with instant equity! 6 Unit all brick building consists of 5,200 sq-ft! All units are 1BR/1BA. Next to downtown Salisbury and convenient to I-85, 4 out of 6 units are occupied. Long term tenants. All tenants are month to month and pay on time. Tenants pay all utilities except for water and each unit has its own electricity meter. Appliances convey with the sale. Seller also has two occupied rental properties nearby MLS# 4049674 and 4057224.
Cash sale AS IS. Proof of funds is necessary to schedule a showing.
Do not disturb tenants.
Last Agent to Sell the Property
Lantern Realty & Development LLC Brokerage Email: Rbendig89@gmail.com License #303589 Listed on: 07/17/2023
Last Buyer's Agent
Steve Mallory
EXP Realty LLC Mooresville License #343458
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 10,019
Home Design
- Aluminum Roof
- Four Sided Brick Exterior Elevation
Interior Spaces
- 5,178 Sq Ft Home
- Living Room
- Electric Range
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Full Bathrooms
Basement
- Walk-Out Basement
- Partial Basement
- Exterior Basement Entry
- Dirt Floor
- Crawl Space
- Basement Storage
Parking
- Driveway
- On-Street Parking
Utilities
- Window Unit Cooling System
- Space Heater
- Baseboard Heating
Listing and Financial Details
- Tenant pays for all except water
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 010202
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
Jul 17, 2023
Closed on
Aug 21, 2024
Sold by
Cash Land Buyer Usa Llc
Bought by
Seller's Agent
Robbie Bendig
Lantern Realty & Development LLC
Buyer's Agent
Steve Mallory
EXP Realty LLC Mooresville
List Price
$539,000
Sold Price
$272,000
Premium/Discount to List
-$267,000
-49.54%
Views
354
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
$153,129
Avg. Annual Appreciation
23.95%
Original Mortgage
$525,000
Outstanding Balance
$513,719
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
-$88,590
Purchase Details
Listed on
Jul 17, 2023
Closed on
Aug 20, 2024
Sold by
Privilege Living Llc
Bought by
Cash Land Buyer Usa Llc
Seller's Agent
Robbie Bendig
Lantern Realty & Development LLC
Buyer's Agent
Steve Mallory
EXP Realty LLC Mooresville
List Price
$539,000
Sold Price
$272,000
Premium/Discount to List
-$267,000
-49.54%
Views
354
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$513,719
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
-$88,590
Purchase Details
Listed on
Feb 2, 2016
Closed on
Apr 25, 2016
Sold by
Chambers Kenneth O and Chambers Brenda L
Bought by
Privilege Living Llc
Seller's Agent
Nash Isenhower
Wallace Realty
Buyer's Agent
Nash Isenhower
Wallace Realty
List Price
$134,900
Sold Price
$50,000
Premium/Discount to List
-$84,900
-62.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.55%
Purchase Details
Closed on
Nov 15, 2005
Sold by
Fisher Realty Inc
Bought by
Chambers Kenneth O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.9%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Salisbury, NC
-
Lucas Jones
-
Dwayne Ogles
Dwayne Ogles
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-
Dulce Delgado
Dulce Delgado
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-
Tyler Wilhoit
Tyler Wilhoit
Tyler Readhead & McAlister LLC
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340 Total Sales
4 in Salisbury
$110K - $575K Price Range
-
Katrina Parks
Katrina Parks
Better Homes and Gardens Real Estate Paracle
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30 Total Sales
1 in Salisbury
$244,000 Price
-
Patti Mills
Patti Mills
Call It Closed International Inc
(980) 449-6283
20 Total Sales
1 in Salisbury
$395,000 Price
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 |
|---|---|---|---|
| $420,000 | None Listed On Document | ||
| Cash Land Buyer Usa Llc | $375,000 | None Listed On Document | |
| Privilege Living Llc | $50,000 | None Available | |
| Chambers Kenneth O | $110,000 | -- |
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 | $525,000 | ||
| Previous Owner | Chambers Kenneth O | $85,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 08/21/2024 08/21/24 | Sold | $272,000 | -49.5% | $53 / Sq Ft | |
| 07/17/2023 07/17/23 | For Sale | $539,000 | +978.0% | $104 / Sq Ft | |
| 04/25/2016 04/25/16 | Sold | $50,000 | -62.9% | $10 / Sq Ft | View Prior Sale |
| 04/20/2016 04/20/16 | Pending | -- | -- | -- | |
| 02/02/2016 02/02/16 | For Sale | $134,900 | -- | $26 / Sq Ft |
Source: Canopy MLS
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 |
|---|---|---|---|---|
| 2026 | $5,589 | $467,292 | $65,600 | $401,692 |
| 2025 | $5,589 | $467,292 | $65,600 | $401,692 |
| 2024 | $5,589 | $467,292 | $65,600 | $401,692 |
| 2023 | $3,112 | $260,170 | $65,600 | $194,570 |
| 2022 | $2,898 | $210,418 | $57,400 | $153,018 |
| 2021 | $2,898 | $210,418 | $57,400 | $153,018 |
| 2020 | $2,898 | $210,418 | $57,400 | $153,018 |
| 2019 | $2,898 | $210,418 | $57,400 | $153,018 |
| 2018 | $2,824 | $207,869 | $57,400 | $150,469 |
| 2017 | $2,809 | $207,869 | $57,400 | $150,469 |
| 2016 | $1,384 | $105,277 | $57,400 | $47,877 |
| 2015 | $2,749 | $207,869 | $57,400 | $150,469 |
| 2014 | $1,957 | $149,722 | $69,700 | $80,022 |
Source: Public Records
Agents Affiliated with this Home
-
Robbie Bendig
Seller's Agent in 2024
Robbie Bendig
Lantern Realty & Development LLC
(704) 640-4171
37 Total Sales
-
SM
Buyer's Agent in 2024
Steve Mallory
EXP Realty LLC Mooresville
-
Nash Isenhower
Seller's Agent in 2016
Nash Isenhower
Wallace Realty
(704) 636-2021
11 Total Sales
Map
Source: Canopy MLS
MLS Number: 4049708
APN: 010-202
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID
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