NOT LISTED FOR SALE

118 Lilly Ave Salisbury, NC 28144

Estimated Value: $214,711 - $241,000

2 Beds
1 Bath
1,052 Sq Ft
$215/Sq Ft Est. Value

Last Sold September 26, 2022

Last sale price $187,000 $178 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,345/month

8 Days on Market

Highlights

  • Wood Flooring
  • Central Heating
  • Wood Burning Fireplace

About This Home

As of September 2022

Come see this charming 2 bedroom, 1 bathroom home now on the market! The kitchen boasts generous counter space making cooking and entertaining a delight.Step inside this beautiful interior with tile floors throughout, plenty of natural light, and neutral palette.The bedrooms offer ceiling fans, and sizable closets. Lush green landscape surrounds this beautiful house. Don't wait! Make this beautiful home yours today.

Last Agent to Sell the Property

Whitley Miller

Mainstay Brokerage LLC License #333752 Listed on: 08/17/2022

Last Buyer's Agent

Mike Brincefield

Dover Realty and Associates, Inc License #192546

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1943

Lot Details

  • Zoning described as GR6

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Wood Burning Fireplace
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Overton Elementary School
  • Knox Middle School
  • Salisbury High School

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 021040

Home Details

Home Type

Single Family

Year Built

Built in 1943

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1943
  • Ratio Current Price By Acre: 1298611.11
  • Road Surface Type: Concrete
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 177.76
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1052
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 170
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 562
  • Sq Ft Unheated Upper: 392
  • Sq Ft Upper: 0
  • Appliances: Microwave
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Living Area: 1052
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Construction Status: Complete
  • Tax Location: Salisbury
  • Construction Type: Site Built
  • Construction Type: Brick Partial

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: None

Utilities

  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Other
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 021040
  • Zoning Description: GR6
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.01608

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Overton
  • High School: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Sep 22, 2022
Sold by
Opendoor Property Trust
Bought by
Hunter Madison K
Seller's Agent
Whitley Miller
Mainstay Brokerage LLC
Buyer's Agent
Mike Brincefield
Dover Realty and Associates, Inc
List Price
$182,000
Sold Price
$187,000
Premium/Discount to List
$5,000
2.75%
Views
45
Current Estimated Value
$226,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,678
Avg. Annual Appreciation
5.75%
Original Mortgage
$181,390
Outstanding Balance
$173,255
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$53,423

Purchase Details

Closed on
Jul 12, 2022
Sold by
Raymond Lassiter John and Blaine Courtney
Bought by
Opendoor Property Trust

Purchase Details

Closed on
Jan 14, 2022
Sold by
Lassiter Raymond L and Lassiter Martha C
Bought by
Lassiter John Raymond

Purchase Details

Listed on
Jun 20, 2019
Closed on
Jul 2, 2019
Sold by
Procida Markus Antonius and Procida Ilene Devorah
Bought by
Lassiter Raymond L and Lasiter Martha C
Seller's Agent
Wendell Rummage
Lantern Realty & Development, LLC
Buyer's Agent
Wendell Rummage
Lantern Realty & Development, LLC
List Price
$105,000
Sold Price
$101,500
Premium/Discount to List
-$3,500
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.78%

Purchase Details

Listed on
Mar 17, 2017
Closed on
Apr 21, 2017
Sold by
Storm Keith A and Storm Yuanfei
Bought by
Procida Markus Antonius and Procida Ilene Devorah
Seller's Agent
Mitzi Crane
Crane Properties
Buyer's Agent
Wendell Rummage
Lantern Realty & Development, LLC
List Price
$94,900
Sold Price
$80,000
Premium/Discount to List
-$14,900
-15.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%

Purchase Details

Closed on
Apr 5, 2011
Sold by
The Cognato Group Llc
Bought by
Storm Keith A and Storm Yuanfei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2010
Sold by
Federal National Mortgage Association
Bought by
The Cognato Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 21, 2010
Sold by
Suntrust Mortgage Inc
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 10, 2009
Sold by
Bautista Reyna and Chico Manny
Bought by
Suntrust Mortgage Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Hunter Madison K $187,000 --
Opendoor Property Trust $175,000 Chicago Title
Opendoor Property Trust $175,000 Chicago Title
Lassiter John Raymond -- None Available
Lassiter Raymond L $101,500 None Available
Procida Markus Antonius $80,000 None Available
Storm Keith A $74,000 None Available
The Cognato Group Llc $42,000 None Available
Federal National Mortgage Association -- None Available
Suntrust Mortgage Inc $87,539 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunter Madison K $181,390
Previous Owner Storm Keith A $59,200
Previous Owner The Cognato Group Llc $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2022 09/26/22 Sold $187,000 +2.7% $178 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $182,000 +79.3% $173 / Sq Ft
07/03/2019 07/03/19 Sold $101,500 -3.3% $97 / Sq Ft View Prior Sale
06/28/2019 06/28/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $105,000 +31.3% $101 / Sq Ft
04/26/2017 04/26/17 Sold $80,000 -15.7% $74 / Sq Ft View Prior Sale
04/05/2017 04/05/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $94,900 -- $88 / 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 $2,145 $179,350 $13,800 $165,550
2024 $2,145 $179,350 $13,800 $165,550
2023 $2,145 $179,350 $13,800 $165,550
2022 $1,243 $90,274 $11,500 $78,774
2021 $1,243 $90,274 $11,500 $78,774
2020 $1,243 $90,274 $11,500 $78,774
2019 $1,243 $90,274 $11,500 $78,774
2018 $982 $72,275 $11,500 $60,775
2017 $977 $72,275 $11,500 $60,775
2016 $950 $72,275 $11,500 $60,775
2015 $956 $72,275 $11,500 $60,775
2014 $981 $75,077 $11,500 $63,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3893914

Canopy MLS (Canopy Realtor® Association)

APN: 021-040

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