NOT LISTED FOR SALE

118 Heilig Ave Salisbury, NC 28144

Estimated Value: $255,000 - $299,000

3 Beds
2 Baths
1,617 Sq Ft
$174/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $251,500 $156 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,629/month

19 Days on Market

Highlights

  • Breakfast Room
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Front Porch
  • Bungalow
  • Family Room

About This Home

As of September 2023

Great renovated investment opportunity located in close proximity to downtown Salisbury, medical, and many outstanding restaurants!! This multi-family unit offers 2 individual apartment spaces with soaring 12 foot ceilings and LVP throughout. Left side apartment features 2 bedrooms, 1 full bath, family room, laundry hookups, and full kitchen. Right side apartment offers 1 bedroom, full bathroom, and kitchen and family room. Updates include all new: siding, windows, roof, flooring, lighting, fully updated kitchens and updated bathrooms in each unit. This is a hidden gem; This is a perfect opportunity for someone thinking of getting into investment or house hacking!

Last Agent to Sell the Property

Lara Murphy

EXP Realty LLC Mooresville Brokerage Email: lara@murphyhomegroup.com License #241989 Listed on: 08/03/2023

EXP Realty LLC Mooresville

Last Buyer's Agent

Tashia Parker

EXP Realty LLC Ballantyne License #334266

EXP Realty LLC Ballantyne

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • Level Lot
  • Cleared Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Bungalow
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,617 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Breakfast Room
  • Vinyl Flooring
  • Crawl Space
  • Electric Oven
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Front Porch
  • Forced Air Heating and Cooling System

Community Details

  • Fulton Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 014283

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0.51 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Bungalow
  • Year Built: 1910
  • Restrictions: No Restrictions
  • Road Surface Type: Concrete, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: lara@murphyhomegroup.com
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Vinyl
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Breakfast,Family Room
  • Appliances: Electric Oven
  • Owner Pays: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1617
  • Building Stories: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl
  • Patio And Porch Features: Front Porch

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: In Unit
  • Cooling: Central Air
  • Utilities: Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Cleared, Level
  • Lot Size Units: Acres
  • Parcel Number: 014283
  • Zoning: HB
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Hwy Busi

Rental Info

  • Tenant Pays: None
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Sep 13, 2023
Sold by
Better Life Estates Llc
Bought by
Parker Tashia Mary
Seller's Agent
Lara Murphy
EXP Realty LLC Mooresville
Buyer's Agent
Tashia Parker
EXP Realty LLC Ballantyne
List Price
$260,000
Sold Price
$251,500
Premium/Discount to List
-$8,500
-3.27%
Views
112
Current Estimated Value
$270,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,298
Avg. Annual Appreciation
4.78%
Original Mortgage
$201,200
Outstanding Balance
$197,036
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$84,915

Purchase Details

Closed on
Apr 7, 2023
Sold by
Freese Patricia Porter
Bought by
Better Life Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2008
Sold by
R & G Properties
Bought by
Freese Patricia Porter
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
Parker Tashia Mary $251,500 None Listed On Document
Better Life Estates Llc $92,000 None Listed On Document
Freese Patricia Porter -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Tashia Mary $201,200
Previous Owner Better Life Estates Llc $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2023 09/27/23 Sold $251,500 -3.3% $156 / Sq Ft
08/03/2023 08/03/23 For Sale $260,000 -- $161 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,822 $235,988 $33,696 $202,292
2024 $2,822 $235,988 $33,696 $202,292
2023 $871 $72,810 $33,696 $39,114
2022 $813 $59,068 $28,080 $30,988
2021 $813 $59,068 $28,080 $30,988
2020 $813 $59,068 $28,080 $30,988
2019 $813 $59,068 $28,080 $30,988
2018 $759 $55,852 $28,080 $27,772
2017 $755 $55,852 $28,080 $27,772
2016 $919 $69,933 $28,080 $41,853
2015 $925 $69,933 $28,080 $41,853
2014 $996 $76,193 $26,208 $49,985
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4049745

Canopy MLS (Canopy Realtor® Association)

APN: 014-283

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