NOT LISTED FOR SALE

1628 S Main St Salisbury, NC 28144

Estimated Value: $170,000 - $219,000

3 Beds
1 Bath
1,500 Sq Ft
$126/Sq Ft Est. Value

Last Sold November 20, 2018

Last sale price $52,150 $35 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $1,155/month

9 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Shed
  • Corner Lot

About This Home

As of November 2018

Great Salisbury rental/flip investment property for a cash buyer - Home is being sold AS IS - Where Is - Cash Only - Needs new HVAC and miscellaneous repairs throughout - Partial unfinished basement with additional exterior access - Additional storage building in back yard -This is a Double close situation as Seller has not taken possession - Please inspect and verify all relevant information.
Property next door also available-1624 S Main St

Last Agent to Sell the Property

Cynthia Hegler

Southern Home Group Realty LLC License #289616 Listed on: 10/21/2018

Last Buyer's Agent

Sheila Sadighi

Keller Williams Premier License #169553

Keller Williams Premier

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 7,841

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Vinyl Siding

Additional Features

  • Wood Flooring
  • 1 Full Bathroom
  • Crawl Space
  • Shed
  • Corner Lot

Listing and Financial Details

  • Assessor Parcel Number 014352

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.74500
  • Ratio Close Price By Original Li: 0.74500
  • Ratio Current Price By Acre: 289722.22
  • Ratio Current Price By Sq Ft: 34.77
  • Year Built: 1925
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Flooring: Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1500
  • Total Sq Ft: 1500
  • Sq Ft Unheated Basement: 375
  • Sq Ft Unheated Total: 375

Exterior Features

  • Construction: Aluminum, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Sewer: City Sewer
  • Water: City Water

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 7640
  • Lot Features: Corner Lot
  • Lot Size Area: 0.180
  • Parcel Number: 014352
  • Zoning Specification: TWP

Tax Info

  • Tax Value: 75255.00
  • Tax Location: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2022
Sold by
Kolacki and Valerie
Bought by
Tap Management Llc
Total Days on Market
9
Current Estimated Value
$189,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Outstanding Balance
$98,168
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$86,352

Purchase Details

Listed on
Oct 21, 2018
Closed on
Nov 20, 2018
Sold by
Toledo Roberto and Toledo Yvette
Bought by
Tap Management Llc
Seller's Agent
Cynthia Hegler
Southern Home Group Realty LLC
Buyer's Agent
Sheila Sadighi
Keller Williams Premier
List Price
$70,000
Sold Price
$52,150
Premium/Discount to List
-$17,850
-25.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.49%

Purchase Details

Closed on
Oct 30, 2014
Sold by
Huffman Charles L
Bought by
Toledo Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
4.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 29, 2010
Sold by
Huffman Charles L
Bought by
Huffman Charles L and Charles L Huffman Revocable Living Trust

Purchase Details

Closed on
Dec 20, 2004
Sold by
Huffman Charles Leonard
Bought by
Huffman Charles L and Charles L Huffman Revocable Living Trust
Source: Public Records

Range of Values:

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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
Tap Management Llc -- Andrew M Adams Pa
Kolacki Paul -- Andrew A Adams Pa
Tap Management Llc $52,500 None Available
Toledo Roberto $60,000 None Available
Huffman Charles L $4,000 None Available
Huffman Charles L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolacki Paul $102,000
Previous Owner Toledo Roberto $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2018 11/20/18 Sold $52,150 -25.5% $35 / Sq Ft
10/30/2018 10/30/18 Pending -- -- --
10/21/2018 10/21/18 For Sale $70,000 -- $47 / 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
2025 $1,496 $125,090 $28,980 $96,110
2024 $1,513 $126,501 $35,190 $91,311
2023 $1,513 $126,501 $35,190 $91,311
2022 $1,130 $82,054 $29,325 $52,729
2021 $1,130 $82,054 $29,325 $52,729
2020 $1,130 $82,054 $29,325 $52,729
2019 $1,130 $82,054 $29,325 $52,729
2018 $1,022 $75,255 $29,325 $45,930
2017 $1,017 $75,255 $29,325 $45,930
2016 $989 $75,255 $29,325 $45,930
2015 $995 $75,255 $29,325 $45,930
2014 $990 $75,750 $29,325 $46,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3445742

Canopy MLS (Canopy Realtor® Association)

APN: 014-352