NOT LISTED FOR SALE

127 S Main St Salisbury, NC 28144

Estimated Value: $498,691

Studio
-- Bath
20,700 Sq Ft
$24/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $410,000 $20 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,727/month

49 Days on Market

About This Home

As of August 2022

Here is your chance to own a large building in the 1st block of busy South Main St in Up and Coming Downtown Salisbury! So many opportunities for development. Potential for residential development on the 2nd and 3rd floors. There is currently a restaurant/night club leasing the first floor of the building. Roof is newer - in the last 5-7 years per owner. Also 2 tandem parking spaces directly behind building per owner. Come see this Downtown Salisbury Gem and be on the cutting edge of development in this great market!

Last Agent to Sell the Property

Jayne Helms

Re/Max Leading Edge License #217044 Listed on: 06/08/2022

Re/Max Leading Edge

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Property Type

  • Other

Year Built

  • Built in 1900

Lot Details

  • 8,233

Parking

  • 2 Parking Spaces

Additional Features

  • 3-Story Property
  • Property is zoned DMX-1
  • City Lot

Community Details

  • No Home Owners Association
  • 20,700 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 0105510

Property Details

Property Type

Other

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Remarks
  • Prop. Type: Commercial
  • Directions: Downtown Salisbury
  • Building Stories: 3
  • Year Built: 1900
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • Special Features: None
  • Stories: 3

Exterior Features

  • Lot Features: City Lot

Garage/Parking

  • Total Parking Spaces: 2

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0105510
  • Zoning: DMX-1
  • TRIADMLS_AcresRange: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Aug 18, 2022
Sold by
Living Trust
Bought by
W Oestreicher Properties Llc
Seller's Agent
Jayne Helms
Re/Max Leading Edge
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$499,500
Sold Price
$410,000
Premium/Discount to List
-$89,500
-17.92%
Current Estimated Value
$498,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,691
Avg. Annual Appreciation
5.88%

Purchase Details

Listed on
Jun 8, 2022
Closed on
Aug 12, 2022
Sold by
Oestreicher Properties Llc
Bought by
Sanchez Edmundo and Sanchez Martha
Seller's Agent
Jayne Helms
Re/Max Leading Edge
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$499,500
Sold Price
$410,000
Premium/Discount to List
-$89,500
-17.92%
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
W Oestreicher Properties Llc -- Woodson Law Firm
Sanchez Edmundo $410,000 Abramson Andrew J
Sanchez Edmundo $410,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2022 08/18/22 Sold $410,000 -17.9% $20 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $499,500 -- $24 / Sq Ft
Source: Triad MLS

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 $1,741 $236,584 $97,520 $139,064
2024 $1,741 $236,584 $97,520 $139,064
2023 $3,199 $236,584 $97,520 $139,064
2022 $3,749 $241,400 $97,520 $143,880
2021 $3,749 $241,400 $97,520 $143,880
2020 $3,749 $241,400 $97,520 $143,880
2019 $3,749 $241,400 $97,520 $143,880
2018 $3,690 $240,878 $97,520 $143,358
2017 $3,673 $240,878 $97,520 $143,358
2016 $3,584 $240,878 $97,520 $143,358
2015 $3,610 $240,878 $97,520 $143,358
2014 $3,079 $207,789 $102,396 $105,393
Source: Public Records

Agents Affiliated with this Home

  • Jayne Helms

    Seller's Agent in 2022

    Jayne Helms

    RE/MAX

    (704) 202-6676

    133 in this area

    362 Total Sales

    Jayne Helms
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Map

Source: Triad MLS

MLS Number: 1072766

Triad MLS

APN: 010-5510

North Carolina Rowan County Salisbury 28144

127 S Main St, Salisbury, NC

Not Listed for Sale

Other

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