$520,000
SOLD APR 24, 2025

120 B E Innes St Salisbury, NC 28144

4 Beds
2 Baths
4,000 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$130 Per Sq Ft

2% Below List Price

14 Days on Market

Highlights

  • City View
  • 1-minute walk to Salisbury Station
  • Laundry Room
  • Balcony
  • 2 Car Detached Garage
  • Four Sided Brick Exterior Elevation

About This Home

As of April 2025

LIVE/WORK in 5000 sf dream industrial artists' loft in the center of vibrant downtown Salisbury! Sprawling flex 2nd-floor plan offers 1 primary suite, loft bedroom, 2 flex-space partitioned bedroom areas. Original maple hardwood floors, soaring ceilings, loads of natural light. Charming French doors overlook historic center city. Fully equipped kitchen. Private mezzanine overlooks artist's studio w/large windows, art-wash sinks, & full bath. AS-IS sale of this spacious condo includes exquisite furnishings, bonus art collection, & library of books. Rear alley provides space for urban garden and parking. 1000 sf undeveloped space can be an apartment, studio, or storage. Attached street-level 500 sf workshop/gallery garage offers 120V / 208V outlets. Common-area working freight elevator/non-passenger service. In the heart of unique shopping, restaurants, galleries, theatre, microbrewery, and central park. City of Salisbury Historic District Design Standards apply for exterior changes.

Last Agent to Sell the Property

Greg Rapp

Salisbury Real Estate LLC Brokerage Email: gregrapprealtor@gmail.com License #210485 Listed on: 03/04/2025

Last Buyer's Agent

Greg Rapp

Salisbury Real Estate LLC Brokerage Email: gregrapprealtor@gmail.com License #210485 Listed on: 03/04/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,059

Year Built

  • Built in 1924

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces

Home Design

  • Loft
  • Slab Foundation
  • Composition Roof
  • Rubber Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Wired For Data
  • City Views
  • Gas Range

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Schools

  • C.T. Overton Elementary School
  • Knox Middle School
  • Salisbury High School

Additional Features

  • Balcony
  • Heat Pump System

Community Details

  • Flowers Building Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0105554

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,059

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Year Built: 1924
  • Restrictions: Historical
  • Restrictions Description: Within the Downtown Historic District. All changes to exterior must be approved by the City of Salisbury's Historic Preservation Commission.
  • Special Assessment Description: 0
  • Proposed Special Assessment Desc: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 130.00
  • Property Sub Type Additional: Loft
  • Geocode Confidence: High
  • Attribution Contact: gregrapprealtor@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Entry Level: 2
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 4000
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 1000
  • Sq Ft Unheated Total: 1000
  • Sq Ft Upper: 0
  • Appliances: Gas Range, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 4000
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 4000
  • Bedroom Main: 3
  • Room Count: 1
  • Sq Ft Other: 500

Exterior Features

  • Exterior Features: Elevator
  • New Construction: No
  • Roof: Composition, Rubber
  • Construction Type: Site Built
  • View: City
  • Construction Type: Brick Full
  • Patio And Porch Features: Balcony

Garage/Parking

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

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Closet, Main Level
  • Cooling: Electric, Heat Pump
  • Utilities: Natural Gas, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Knox
  • HOA Subject To: Optional

Lot Info

  • Lot Size Area: 0.07
  • Lot Size Units: Acres
  • Parcel Number: 0105554
  • Land Included Yn: 0
  • ResoLotSizeUnits: Acres
  • Zoning Specification: DMX

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: C.t. Overton
  • High School: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2025
Closed on
Apr 24, 2025
Sold by
Ahmad Syed and Peckman Whitney
Bought by
Sorel Clifford D and Sorel Barbara B
Seller's Agent
Greg Rapp
Salisbury Real Estate LLC
Buyer's Agent
Greg Rapp
Salisbury Real Estate LLC
List Price
$533,000
Sold Price
$520,000
Premium/Discount to List
-$13,000
-2.44%
Total Days on Market
14
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-28.84%

Purchase Details

Closed on
Apr 30, 2019
Sold by
Ahmad Syed and Peckman Whitney
Bought by
Wellness & Arts Properties Llc

Purchase Details

Closed on
Jan 13, 2005
Sold by
Baker Enterprises Inc
Bought by
Baker Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.61%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $520,000 None Listed On Document
Warranty Deed $212,000 None Available
Warranty Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $360,000 Commercial
Previous Owner $315,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Sold $520,000 -2.4% $130 / Sq Ft
03/04/2025 03/04/25 For Sale $533,000 -- $133 / 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
2024 $2,059 $279,722 $0 $279,722
2023 $1,891 $279,722 $0 $279,722
2022 $1,702 $219,162 $0 $219,162
2021 $3,404 $219,162 $0 $219,162
2020 $1,815 $233,773 $0 $233,773
2019 $4,211 $271,141 $36,108 $235,033
2018 $3,659 $238,806 $36,108 $202,698
2017 $3,642 $238,806 $36,108 $202,698
2016 $3,553 $238,806 $36,108 $202,698
2015 $3,579 $238,806 $36,108 $202,698
2014 $3,532 $238,355 $48,144 $190,211
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4228909

Canopy MLS (Canopy Realtor® Association)

APN: 010-5554