NOT LISTED FOR SALE

1802 2nd St Salisbury, NC 28144

Estimated Value: $105,000 - $183,000

2 Beds
1 Bath
1,353 Sq Ft
$110/Sq Ft Est. Value

Last Sold August 08, 2019

Last sale price $62,000 $46 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $871/month

3 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • 1-Story Property
  • Corner Lot
  • Walk-In Pantry

About This Home

As of August 2019

Perfect starter home or investment property. Lots of potential in this home. Corner lot with covered front porch. 2 bedroom 1 bath. Master bedroom has large walk in closet. Original hardwood flooring in the living room and hall way. Formal dinning room with built in storage. Kitchen has upgraded counter top and pantry. Laundry room also has built in storage. Home and building in back yard is being sold "as is".

Last Agent to Sell the Property

Jessica Tilton

Ivester Jackson Christie's License #304966 Listed on: 07/18/2019

Last Buyer's Agent

Mike Ignasiak

Movement One Realty LLC License #364278

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 7,405

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Crawl Space
  • Walk-In Pantry

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • 1 Full Bathroom

Additional Features

  • Corner Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 014217

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
  • Architectural Style: Cottage
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.88571
  • Ratio Close Price By Original Li: 0.88571
  • Ratio Current Price By Acre: 364705.88
  • Ratio Current Price By Sq Ft: 45.82
  • Year Built: 1925
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Cable Prewire, Cooktop Electric, Electric Range, Electric Oven
  • Flooring: Tile, Wood
  • Interior Amenities: Built-Ins, Cable Available, Pantry, Split BR Plan, Walk-In Pantry, Window Treatments
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1353
  • Total Sq Ft: 1353

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Earth
  • Parking: Driveway

Utilities

  • Heating: Electric Baseboard Heat, Window Unit
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 50x150
  • Lot Features: Corner Lot
  • Parcel Number: 014217
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 50194.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2020
Sold by
Sfr3 Llc
Bought by
Sfr3 007 Llc
Current Estimated Value
$148,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,973,800
Outstanding Balance
$4,286,803
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
-$4,137,908

Purchase Details

Listed on
Jul 18, 2019
Closed on
Aug 8, 2019
Sold by
Lor Shoua and Yang Seng
Bought by
Sfr3 Llc
Seller's Agent
Jessica Tilton
Ivester Jackson Christie's
Buyer's Agent
Mike Ignasiak
Movement One Realty LLC
List Price
$70,000
Sold Price
$62,000
Premium/Discount to List
-$8,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.55%

Purchase Details

Closed on
Jun 24, 2009
Sold by
Lor Xai Mao and Xiong Shoua
Bought by
Lor Shoua and Lor Thong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 27, 2007
Sold by
White Elliott S and White Ronda
Bought by
Lor Xai Mao and Xiong Shoua

Purchase Details

Closed on
Feb 26, 2007
Sold by
White Nelson E and White Jane A
Bought by
White Adam

Purchase Details

Closed on
Feb 23, 2007
Sold by
White Andrea
Bought by
White Elliott S

Purchase Details

Closed on
Apr 23, 2004
Sold by
White Ben C
Bought by
White Elliott S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Buyer Sale Price Title Company
Sfr3 007 Llc -- None Available
Sfr3 Llc $62,000 None Available
Lor Shoua $28,000 None Available
Lor Xai Mao $32,000 None Available
White Adam -- None Available
White Elliott S -- None Available
White Elliott S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sfr3 007 Llc $8,973,800
Previous Owner Lor Shoua $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2019 08/08/19 Sold $62,000 -11.4% $46 / Sq Ft
07/22/2019 07/22/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $70,000 -- $52 / 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 $1,202 $100,531 $15,150 $85,381
2024 $1,202 $100,531 $15,150 $85,381
2023 $1,202 $100,531 $15,150 $85,381
2022 $822 $59,675 $12,625 $47,050
2021 $822 $59,675 $12,625 $47,050
2020 $822 $59,675 $12,625 $47,050
2019 $822 $59,675 $12,625 $47,050
2018 $682 $50,194 $12,625 $37,569
2017 $678 $50,194 $12,625 $37,569
2016 $660 $50,194 $12,625 $37,569
2015 $664 $50,194 $12,625 $37,569
2014 $668 $51,080 $11,867 $39,213
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3530269

Canopy MLS (Canopy Realtor® Association)

APN: 014-217