NOT LISTED FOR SALE

121 S Main St Salisbury, NC 28144

Estimated Value: $755,155

Studio
-- Bath
-- Sq Ft
10,019 Sq Ft Lot

Last Sold August 29, 2024

Last sale price $765,000

Est. 1% decrease in value since last sale

Current estimated payment $4,398/month

3 Days on Market

About This Home

As of August 2024

What a beautiful piece of history in the first block of S Main Street. Property comes with fenced courtyard featuring lovely plantings. It offers an amazing covered outdoor venue in Downtown Salisbury! Currently upscale restaurant on main level but lease is not renewed & will end in September per seller. Everything has been totally renovated and ready for new end user or investor. Both floors boast (all new since 2017) fixtures, plumbing, wiring, HVAC's, 5 half baths, rubber roof, & additional insulation. Main level is currently set up as restaurant/bar but could be converted to retail or other use. Upstairs has been totally renovated & would make great office or potential residential space (w/some changes to bring to residential code). A property in the first block of Main Street in Downtown Salisbury with 11 parking spaces and an outdoor courtyard is totally amazing!

Last Agent to Sell the Property

Jayne Helms

Re/Max Leading Edge License #217044 Listed on: 07/15/2024

Re/Max Leading Edge

Last Buyer's Agent

Jayne Helms

Re/Max Leading Edge License #217044 Listed on: 07/15/2024

Re/Max Leading Edge

Property Details

Property Type

  • Other

Year Built

  • Built in 1897

Lot Details

  • Property is zoned DMX

Community Details

  • No Home Owners Association
  • 5,194 Sq Ft Building

Property Details

Property Type

Other

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Sub Type: Remarks
  • Prop. Type: Commercial
  • Directions: First block of S Main Street in Downtown Salisbury
  • Year Built: 1897
  • Idx Status: Sold
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: DMX
  • TRIADMLS_AcresRange: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Aug 29, 2024
Sold by
Qub Studios Llc
Bought by
Truvantage Llc
Seller's Agent
Jayne Helms
Re/Max Leading Edge
Buyer's Agent
Jayne Helms
Re/Max Leading Edge
List Price
$765,000
Sold Price
$765,000
Views
2
Current Estimated Value
$755,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,845
Avg. Annual Appreciation
-0.88%
Original Mortgage
$650,250
Outstanding Balance
$643,346
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$111,809

Purchase Details

Closed on
Aug 8, 2017
Sold by
Bank Of North Carolina
Bought by
Qub Studios Llc

Purchase Details

Closed on
Mar 28, 2017
Sold by
Robinson John P and Robinson Lucy H
Bought by
Bank Of North Carolina
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 Buyer Sale Price Title Company
Truvantage Llc $765,000 None Listed On Document
Qub Studios Llc $200,000 None Available
Bank Of North Carolina $210,895 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truvantage Llc $650,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2024 08/29/24 Sold $765,000 0.0% --
07/19/2024 07/19/24 Pending -- -- --
07/15/2024 07/15/24 For Sale $765,000 -- --
Source: Triad MLS

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 $4,694 $637,807 $111,180 $526,627
2024 $2,125 $288,669 $111,180 $177,489
2023 $2,125 $288,669 $111,180 $177,489
2022 $4,060 $261,393 $111,180 $150,213
2021 $4,060 $261,393 $111,180 $150,213
2020 $4,060 $261,393 $111,180 $150,213
2019 $4,060 $261,393 $111,180 $150,213
2018 $3,799 $247,939 $111,180 $136,759
2017 $1,179 $77,327 $54,500 $22,827
2016 $1,151 $77,327 $54,500 $22,827
2015 $1,159 $77,327 $54,500 $22,827
2014 $1,166 $78,709 $57,225 $21,484
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1149286

Triad MLS

APN: 010-5512

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