NOT LISTED FOR SALE

112 E Steele St Salisbury, NC 28144

Estimated Value: $222,000 - $257,000

2 Beds
2 Baths
1,236 Sq Ft
$194/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $200,000 $162 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,500/month

Highlights

  • Wood Flooring
  • Built-In Features
  • Laundry Room
  • Covered Patio or Porch
  • Home Security System
  • Bungalow

About This Home

As of August 2023

Charming 2-bed, 2-bath bungalow. Recently remodeled, restored hardwood floors, updated fixtures, granite countertops, SS appliances, & new shaker-style kitchen cabinets. French doors lead to the dining room, & large front porch provides an ideal sitting area. Shared Driveway. *The washer and dryer are being provided for tenant use, but if they break, it will be the tenant's responsibility to repair, or replace. If replaced, the tenant can take that appliance with them when they leave.* (Small detached ADU located right behind the main home with separate utilities that will be rented out at a later date.)
No Smoking. No Section 8. No Pets. Deposit starting at $1,595 (pending strength of application). Tour home at your convenience without having to make an appointment. Register with Rently for the lockbox code. All applications must be submitted online on our website. Each adult applicant 18yrs and older living in the home will be required to pay a $50 non-refundable application fee.

Last Agent to Rent the Property

Sam Cowles

JLF Management Group LLC License #260483 Listed on: 08/02/2023

Last Renter's Agent

Sam Cowles

JLF Management Group LLC License #260483 Listed on: 08/02/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • Partially Fenced Property
  • Wood Fence

Home Design

  • Bungalow
  • Entry on the 1st floor

Interior Spaces

  • 1,236 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Basement
  • Basement Storage

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Parking

  • 1 Carport Space
  • 2 Open Parking Spaces

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,595
  • Property Available on 8/2/23
  • Tenant pays for all utilities, electricity, gas, water
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 011167

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas, Water
  • Furnished: Unfurnished
  • Pets Allowed: No
  • Smoking Allowed Yn: 0
  • Lease Term: 12 Months
  • Available Date: 2023-08-02
  • Security Deposit: 1595

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1920
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: ResidentialLease
  • Ratio CurrentPrice/TotalPropertyHLA: 1.29
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Entry Level: 1
  • Fireplace: No
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Built-in Features, Cable Prewire, Split Bedroom
  • Main Level Sq Ft: 1236
  • Sq Ft Unheated Total: 0
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1236
  • Has Basement: Storage Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1236
  • Bedroom Main: 2

Exterior Features

  • Fencing: Partial, Wood
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Sewer: Public Sewer
  • Laundry Features: In Kitchen
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Gas
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 011167
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Oct 28, 2022
Sold by
Deas Helen and Deas Sharnece
Bought by
Spencer Temeka and Spencer Vincent
Seller's Agent
Erica Hayden
Hayden Realty
Buyer's Agent
Donnie Morrison
ProStead Realty
List Price
$235,000
Sold Price
$200,000
Premium/Discount to List
-$35,000
-14.89%
Views
72
Current Estimated Value
$248,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,695
Avg. Annual Appreciation
5.90%
Original Mortgage
$160,000
Outstanding Balance
$138,501
Interest Rate
5.21%
Mortgage Type
New Conventional
Estimated Equity
$101,217

Purchase Details

Listed on
Jun 18, 2019
Closed on
Aug 19, 2019
Sold by
Deas Helen
Bought by
Deas Helen and Williams Sharnece
Seller's Agent
Kandie Lambert
RE/MAX Leading Edge
Buyer's Agent
Shari Ealey
Worthy & Associates Real Estate LLC
List Price
$169,900
Sold Price
$161,000
Premium/Discount to List
-$8,900
-5.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$161,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2019
Closed on
Aug 13, 2019
Sold by
H & R Homes Llc
Bought by
Deas Helen
Seller's Agent
Kandie Lambert
RE/MAX Leading Edge
Buyer's Agent
Shari Ealey
Worthy & Associates Real Estate LLC
List Price
$169,900
Sold Price
$161,000
Premium/Discount to List
-$8,900
-5.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2017
Closed on
Apr 27, 2017
Sold by
Crayton Benny Michael and Crayton Dolores Ann
Bought by
H & R Homes Llc
List Price
$49,900
Sold Price
$42,000
Premium/Discount to List
-$7,900
-15.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.82%

Purchase Details

Closed on
Oct 6, 2016
Sold by
Pittillo Charles M
Bought by
Crayton Betty and Crayton Benny Michael

Purchase Details

Listed on
May 2, 2014
Closed on
Aug 28, 2015
Sold by
Crayton Betty and Crayton Benny Michael
Bought by
Pittillo Charles M
List Price
$65,000
Sold Price
$49,000
Premium/Discount to List
-$16,000
-24.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.61%
Original Mortgage
$39,000
Interest Rate
4.16%
Mortgage Type
Unknown
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
Spencer Temeka $200,000 --
Spencer Temeka $200,000 None Listed On Document
Deas Helen -- None Available
Deas Helen $161,000 None Available
H & R Homes Llc $42,000 None Available
Crayton Betty -- Chicago Title Insurance Co
Pittillo Charles M $49,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Temeka $160,000
Closed Spencer Temeka $160,000
Previous Owner Deas Helen $161,000
Previous Owner Pittillo Charles M $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2023 08/11/23 Rented $1,595 0.0% --
08/02/2023 08/02/23 For Rent $1,595 0.0% --
10/28/2022 10/28/22 Sold $200,000 -14.9% $162 / Sq Ft View Prior Sale
09/30/2022 09/30/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $235,000 +46.0% $190 / Sq Ft
08/13/2019 08/13/19 Sold $161,000 -3.3% $133 / Sq Ft View Prior Sale
07/06/2019 07/06/19 Pending -- -- --
06/30/2019 06/30/19 Price Changed $166,500 -2.0% $138 / Sq Ft
06/18/2019 06/18/19 For Sale $169,900 +304.5% $141 / Sq Ft
07/27/2017 07/27/17 Off Market $42,000 -- --
04/28/2017 04/28/17 Sold $42,000 -15.8% $35 / Sq Ft View Prior Sale
03/17/2017 03/17/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $49,900 +1.8% $41 / Sq Ft
11/26/2015 11/26/15 Off Market $49,000 -- --
08/28/2015 08/28/15 Sold $49,000 -24.6% $41 / Sq Ft View Prior Sale
08/04/2015 08/04/15 Pending -- -- --
05/02/2014 05/02/14 For Sale $65,000 -- $54 / 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 $2,363 $197,545 $13,858 $183,687
2024 $2,363 $197,545 $13,858 $183,687
2023 $2,262 $189,151 $13,858 $175,293
2022 $1,028 $74,626 $10,660 $63,966
2021 $1,028 $74,626 $10,660 $63,966
2020 $1,028 $74,626 $10,660 $63,966
2019 $1,028 $74,626 $10,660 $63,966
2018 $828 $60,917 $10,660 $50,257
2017 $823 $60,917 $10,660 $50,257
2016 $801 $60,917 $10,660 $50,257
2015 $806 $60,917 $10,660 $50,257
2014 $814 $62,285 $9,380 $52,905
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4056082

Canopy MLS (Canopy Realtor® Association)

APN: 011-167