$215,000
SOLD FEB 27, 2025

118 Earnhardt Ave Salisbury, NC 28144

4 Beds
2 Baths
1,532 Sq Ft
0.41 Acres

Recently Sold

$140 Per Sq Ft

8% Above List Price

7 Days on Market

About This Home

As of February 2025

Investment Opportunity! This property features two fully occupied units, along with two additional units in need of complete renovation to unlock their potential. Each unit includes 2 bedrooms, 1 bathroom, and approximately 766 sq ft. Situated partially within a flood plain, this property offers a unique chance for a visionary investor to bring new life to the vacant units. Schedule your showing today!

Last Agent to Sell the Property

Mechelle Kuld

TMR Realty, Inc. Brokerage Email: mechelle.kuld@gmail.com License #280063 Listed on: 11/14/2024

Last Buyer's Agent

Mechelle Kuld

TMR Realty, Inc. Brokerage Email: mechelle.kuld@gmail.com License #280063 Listed on: 11/14/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Parking

  • Driveway

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,532 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Elizabeth Koontz Elementary School
  • Knox Middle School
  • Salisbury High School

Utilities

  • Window Unit Cooling System

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 057A044

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Fourplex
  • Year Built: 1965
  • Road Surface Type: Dirt, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: mechelle.kuld@gmail.com
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Owner Pays: None
  • Above Grade Finished Sq Ft: 1532
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1532
  • Building Stories: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Other - See Remarks
  • Sewer: Public Sewer
  • Laundry Features: None
  • Cooling: Window Unit(s)
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 057A044
  • Zoning: UR12
  • Plat Book Slide: 9995/574
  • ResoLotSizeUnits: Acres
  • Zoning Specification: COMMERCI

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: No

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Elizabeth Koontz
  • High School: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2024
Closed on
Jan 2, 2025
Sold by
Huffman Dale Palmer and Tarte Marsha Huffman
Bought by
White Sheila
Seller's Agent
Mechelle Kuld
TMR Realty, Inc.
Buyer's Agent
Mechelle Kuld
TMR Realty, Inc.
List Price
$200,000
Sold Price
$215,000
Premium/Discount to List
$15,000
7.5%
Views
5
Current Estimated Value
$222,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,397
Avg. Annual Appreciation
4.06%

Purchase Details

Closed on
Oct 30, 2024
Sold by
Fulman Company Llc
Bought by
Huffman Tarte Marsha and Palmer Huffman Dale

Purchase Details

Closed on
Oct 1, 2021
Sold by
Fulman Company Llc
Bought by
Johnson Virginia Lynne

Purchase Details

Closed on
Dec 14, 2011
Sold by
Jimmerson Julia M
Bought by
Teamer Scott

Purchase Details

Closed on
Aug 9, 2011
Sold by
Childers Jessie Sloan
Bought by
Thompson Gloria

Purchase Details

Closed on
Aug 14, 2002
Bought by
Fulman Company Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $215,000 None Listed On Document
Warranty Deed $215,000 None Listed On Document
Special Warranty Deed -- None Listed On Document
Warranty Deed $60,000 Woodson Law Firm
Sheriffs Deed $3,000 None Available
Warranty Deed -- None Available
Warranty Deed $107,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2025 02/27/25 Sold $215,000 +7.5% $140 / Sq Ft
11/21/2024 11/21/24 Pending -- -- --
11/14/2024 11/14/24 For Sale $200,000 -- $131 / 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 $1,053 $88,073 $29,086 $58,987
2024 $1,053 $88,073 $29,086 $58,987
2023 $1,053 $88,073 $29,086 $58,987
2022 $1,714 $124,447 $22,916 $101,531
2021 $1,714 $124,447 $22,916 $101,531
2020 $1,714 $124,447 $22,916 $101,531
2019 $1,714 $124,447 $22,916 $101,531
2018 $1,521 $111,940 $22,916 $89,024
2017 $1,513 $111,940 $22,916 $89,024
2016 $1,471 $111,940 $22,916 $89,024
2015 $1,480 $111,940 $22,916 $89,024
2014 $1,600 $122,456 $21,153 $101,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4200369

Canopy MLS (Canopy Realtor® Association)

APN: 057-A044