NOT LISTED FOR SALE

203 Partee St Salisbury, NC 28144

Salisbury Area

Estimated Value: $1,353,307

40 Beds
40 Baths
16,900 Sq Ft
$80/Sq Ft Est. Value

Sale Details

Date Sold: September 12, 2014

Last sale price $570,000 $34 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $8,701 / mo

138 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Tile Flooring

About This Home

As of September 2014

Three apartment buildings containing 20 units total. Each unit is two story, 2 bedroom, 1.5 bath approximately 845 square feet HLA. Laminate and tile floors. New roof installed in 2008 per owner. Recent updates include some new a/c units, some new windows and some new patio doors. As of 2-12-14, 18 out of 20 are currently rented for $450-$500 per month and managed by Chambers Realty.

Last Agent to Sell the Property

Kelly Lowe

Keller Williams Premier License #252609 Listed on: 02/12/2014

Keller Williams Premier

Last Buyer's Agent

Neil Braithwaite

ProStead Realty License #224289

ProStead Realty

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 250x155
  • Corner Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, cable
  • Rent includes water, garbage pick-up
  • Assessor Parcel Number 020164

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0.89 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Apartments
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.90620
  • Ratio Close Price By Original Li: 0.90620
  • Ratio Current Price By Acre: 640449.44
  • Ratio Current Price By Sq Ft: 33.73
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 20
  • Half Bathrooms: 20
  • Total Bathrooms: 30.00
  • Total Bedrooms: 40
  • Doors and Windows: Storm Window(s)
  • Equipment: Electric Dryer Hookup, Exhaust Fan, Ceiling Fan(s)
  • Flooring: Tile, Laminate Tile
  • Laundry Location: Utility Room, Main
  • Total Sq Ft: 16900

Exterior Features

  • Construction: Brick Partial, Vinyl

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 2, Lot

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 250x155
  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Parcel Number: 020164
  • Zoning Specification: UR-12

Rental Info

  • Rent Includes: Water, Garbage Pick-up
  • Tenant Pays: Electricity, Cable

Tax Info

  • Tax Value: 568274.00
  • Tax Location: Salisbury

Multi Family

  • Number Of Units Total: 20

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2014
Closed on
Sep 2, 2014
Sold by
Vins Enterprises I Llc
Bought by
Seller's Agent
Kelly Lowe
Keller Williams Premier
Buyer's Agent
Neil Braithwaite
ProStead Realty
List Price
$629,000
Sold Price
$570,000
Premium/Discount to List
-$59,000
-9.38%
Current Estimated Value
$1,353,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$783,307
Avg. Annual Appreciation
7.47%
Original Mortgage
$456,000
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 6, 2013
Sold by
Archie Victor C and Graves Nikki L
Bought by
Vins Enterprises I Llc

Purchase Details

Listed on
Jan 4, 2012
Closed on
Jun 15, 2012
Sold by
Amrl Enterprises Llc
Bought by
Archie Victor C and Graves Nikki L
Seller's Agent
Sheryl Francis
Southern Homes of the Carolinas, Inc
Buyer's Agent
Jackie Currence
Blue Real Estate Group LLC
List Price
$649,900
Sold Price
$620,000
Premium/Discount to List
-$29,900
-4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$465,000
Interest Rate
3.83%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 1, 2007
Sold by
S & S Properties
Bought by
Amrl Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 12, 2004
Sold by
M & F Properties Llc
Bought by
S & S Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.55%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Salisbury, NC

  • Dawn Johnson Real Estate Agent - United Real Estate-Queen City

    Dawn Johnson

    United Real Estate-Queen City

    (980) 446-3582

    34 Total Sales

    1 in Salisbury

    $365,445 Price

    Dawn Johnson
     Section Image
  • Michael Morgan Real Estate Agent - RE/MAX Executive

    Michael Morgan

    RE/MAX Executive

    (980) 499-7195

    222 Total Sales

    1 in Salisbury

    $492,000 Price

    Michael Morgan
     Section Image
  • Joslyn Blackburn Real Estate Agent - Keller Williams Unlimited

    Joslyn Blackburn

    Keller Williams Unlimited

    (704) 686-8429

    62 Total Sales

    2 in Salisbury

    $213K - $475K Price Range

    Joslyn Blackburn
     Section Image
  • Anca Maga Real Estate Agent - Howard Hanna Allen Tate Gastonia

    Anca Maga

    Howard Hanna Allen Tate Gastonia

    (980) 550-4473

    88 Total Sales

    1 in Salisbury

    $275,000 Price

    Anca Maga
     Section Image
  • Serge Mnatsakanov Real Estate Agent - Keller Williams Ballantyne Area

    Serge Mnatsakanov

    Keller Williams Ballantyne Area

    (980) 217-6673

    61 Total Sales

    1 in Salisbury

    $299,000 Price

    Serge Mnatsakanov
     Section Image
  • Josee Cherrier Real Estate Agent - Howard Hanna Allen Tate Mooresville/LKN

    Josee Cherrier

    Howard Hanna Allen Tate Mooresville/LKN

    (980) 946-6325

    111 Total Sales

    2 in Salisbury

    $192K - $244K Price Range

    Josee Cherrier
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$570,000 None Available
Vins Enterprises I Llc -- None Available
Archie Victor C $620,000 None Available
Amrl Enterprises Llc $680,000 None Available
S & S Properties $25,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $261,250
Closed Castle Realty & Management Llc $456,000
Previous Owner Archie Victor C $465,000
Previous Owner Amrl Enterprises Llc $510,000
Previous Owner S & S Properties $450,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2014 09/12/14 Sold $570,000 -9.4% $34 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $629,000 +1.5% $37 / Sq Ft
06/29/2012 06/29/12 Sold $620,000 -4.6% $36 / Sq Ft View Prior Sale
03/30/2012 03/30/12 Pending -- -- --
01/04/2012 01/04/12 For Sale $649,900 -- $38 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $14,813 $1,238,568 $53,475 $1,185,093
2025 $14,813 $1,238,568 $53,475 $1,185,093
2024 $14,813 $1,238,568 $53,475 $1,185,093
2023 $14,813 $1,238,568 $53,475 $1,185,093
2022 $8,669 $629,541 $44,563 $584,978
2021 $8,669 $629,541 $44,563 $584,978
2020 $9,264 $672,721 $44,563 $628,158
2019 $9,264 $672,721 $44,563 $628,158
2018 $8,460 $622,627 $44,562 $578,065
2017 $8,415 $622,627 $44,562 $578,065
2016 $8,184 $622,627 $44,562 $578,065
2015 $8,234 $622,627 $44,562 $578,065
2014 $7,427 $568,274 $40,106 $528,168
Source: Public Records

Agents Affiliated with this Home

  • Kelly Lowe Real Estate Agent - Keller Williams Premier

    Seller's Agent in 2014

    Kelly Lowe

    Keller Williams Premier

    (704) 788-8008

    75 Total Sales

    Kelly Lowe
    Section Image

  • NB

    Buyer's Agent in 2014

    Neil Braithwaite

    ProStead Realty

    Section Image

  • SF

    Seller's Agent in 2012

    Sheryl Francis

    Southern Homes of the Carolinas, Inc

  • Jackie Currence Real Estate Agent - Blue Real Estate Group LLC

    Buyer's Agent in 2012

    Jackie Currence

    Blue Real Estate Group LLC

    (704) 214-0027

    20 Total Sales

    Jackie Currence
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR2207279

Canopy MLS

APN: 020-164

North Carolina Rowan County Salisbury 28144

203 Partee St, Salisbury, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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