NOT LISTED FOR SALE

1920 Jake Alexander Blvd S Salisbury, NC 28146

Estimated Value: $161,000 - $184,000

0.73 Acre
$235,078 Price per Acre
31,799 Sq Ft Lot

Last Sold August 18, 2022

Last sale price $155,000

Est. 11% increase in value since last sale

Current estimated payment $1,001/month

352 Days on Market

About This Lot

As of August 2022

Prime property for development currently zoned RMX but with high car count on Jake Alexander Blvd! Property has frontage on Jake Alexander Blvd & waiting for a developer to create multi-family residential, townhomes, medical, group care, drive-thru, child care, financial, business, retail or live/work. This property is well situated, with easy access to I-85, HWY 70 (which leads to I-77) and HWY 801. Taps are in place with the City Of Salisbury for residential development. This is a savings of $4250 per the city. The Zoning Department has this property listed as 2 Wood Avenue because the majority of property faces Wood, the other part of property faces West Jake Alexander and Rose. Zoned Residential, Mixed Use. The box for utility is located @ 1920 W Jake Alexander. (This can be changed after sale depending on which way the buyer wants the property to face.)

Last Agent to Sell the Property

Jayne Helms

RE/MAX Leading Edge License #217044 Listed on: 08/31/2021

RE/MAX Leading Edge

Last Buyer's Agent

Rodney Queen

Lantern Realty & Development LLC License #197764

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,237

Lot Details

  • Corner Lot
  • Possible uses of the property include Commercial, Multi-Family, Residential
  • Property is zoned CMX, CMX

Listing and Financial Details

  • Assessor Parcel Number 333016

Property Details

Property Type

Land

Est. Annual Taxes

$1,237

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 212328.77
  • Restrictions: Other - See Media/Remarks
  • Road Frontage Type: City Street, Paved Road
  • Structure Type: Commercial
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Commercial, Multi-Family, Residential

Exterior Features

  • Tax Location: Salisbury

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Parcel Number: 333016
  • Out Buildings Yn: 0
  • Lot Size: Irr
  • Zoning Description: CMX
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 0.66968

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2009
Sold by
Rowan Investment Properties Llc
Bought by
Query Investment Properties Llc
Current Estimated Value
$171,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.11%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Query Investment Properties Llc $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Query Investment Properties Llc $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2022 08/18/22 Sold $155,000 -8.3% --
08/31/2021 08/31/21 For Sale $169,000 -- --
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 $1,237 $103,438 $21,668 $81,770
2024 $1,237 $103,438 $21,668 $81,770
2023 $1,237 $103,438 $21,668 $81,770
2022 $943 $68,446 $17,655 $50,791
2021 $943 $68,446 $17,655 $50,791
2020 $943 $68,446 $17,655 $50,791
2019 $943 $68,446 $17,655 $50,791
2018 $808 $59,502 $17,655 $41,847
2017 $804 $59,502 $17,655 $41,847
2016 $782 $59,502 $17,655 $41,847
2015 $787 $59,502 $17,655 $41,847
2014 $760 $58,180 $16,050 $42,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3780881

Canopy MLS (Canopy Realtor® Association)

APN: 069-114