NOT LISTED FOR SALE

205 W Thomas St Salisbury, NC 28144

Estimated Value: $350,000 - $514,000

4 Beds
2.5 Baths
4,200 Sq Ft
$101/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $122,000 $29 Per Sq Ft

Est. 247% increase in value since last sale

Current estimated payment $2,629/month

184 Days on Market

Highlights

  • The property is located in a historic district
  • Corner Lot
  • 1 Car Detached Garage
  • Wood Flooring
  • No HOA
  • Built-In Features

About This Home

As of August 2018

What a Wonderful Find! One of our prominent Historic Homes is looking for a new home owner! Two stories of old world charm and elegance will be speaking out to you- this home is 3,923 sf - has 4 BRs, 2.5 baths in which one is a jack and jill bath. Oversized lot at .43 acres. Covered front porch for lazy days on the swing-nice rear patio for BBQs-two sun rooms, unique dining, entrance room, grand stairway, huge hardwoods, study and the list goes on... garage is an added bonus. A must see!

Last Agent to Sell the Property

Teresa Rufty

TMR Realty, Inc. License #210189 Listed on: 01/07/2018

Last Buyer's Agent

Karla Foster

New Pointe Realty License #276560

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,852

Year Built

  • Built in 1916

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 131 x 254 x 133 x 153
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • Alley Access
  • Gravel Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 3,922 Sq Ft Home
  • 3,500-4,200 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Living Room with Fireplace
  • Unfinished Basement
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry on main level

Kitchen

  • Oven
  • Built-In Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • The property is located in a historic district
  • City Lot

Schools

  • Knox Middle School
  • Salisbury High School

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 015220
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,852

Year Built

Built in 1916

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.43
  • Lot Size: 131 x 254 x 133 x 153
  • Subdivision Name: None
  • Directions: Take East Innes toward City of Salisbury - turn left onto South Long Street - turn right onto East Monroe Street - take the 3rd left onto South Main Street - Take the 1st right onto West Thomas Street - home is yellow in color - park behind home.
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1916
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3500 - 4200
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Historic
  • Special Features: None

Interior Features

  • Appliances: Oven, Built-In Range, Gas Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features
  • Has Basement: Unfinished, Basement, Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 3922
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Lot Features: City Lot, Historic District, Corner Lot
  • Pool Features: None
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Alley Access, Driveway, Garage, Gravel, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: None
  • Heating: Radiator, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Henderson
  • High School: Salisbury
  • Middle Or Junior School: Knox

Lot Info

  • Parcel #: 015220
  • Zoning: SFR
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2852
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2018
Closed on
Aug 7, 2018
Sold by
Shepard Charles L and Vaessen Mary Shepard
Bought by
Rey Ii Angel F and Rey Carrie A
Seller's Agent
Teresa Rufty
TMR Realty, Inc.
Buyer's Agent
Karla Foster
New Pointe Realty
List Price
$130,000
Sold Price
$122,000
Premium/Discount to List
-$8,000
-6.15%
Current Estimated Value
$422,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,767
Avg. Annual Appreciation
18.18%
Original Mortgage
$124,000
Outstanding Balance
$110,965
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$311,802
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Rey Ii Angel F $122,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rey Ii Angel F $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2018 11/20/18 Off Market $122,000 -- --
08/17/2018 08/17/18 Sold $122,000 0.0% $35 / Sq Ft
08/17/2018 08/17/18 Sold $122,000 -6.2% $31 / Sq Ft View Prior Sale
07/12/2018 07/12/18 Pending -- -- --
07/11/2018 07/11/18 Pending -- -- --
01/07/2018 01/07/18 For Sale $130,000 -31.4% $37 / Sq Ft
10/18/2016 10/18/16 For Sale $189,500 -- $48 / Sq Ft
Source: Triad MLS

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 $5,173 $432,532 $40,242 $392,290
2024 $5,173 $432,532 $40,242 $392,290
2023 $5,173 $432,532 $40,242 $392,290
2022 $3,156 $229,210 $32,301 $196,909
2021 $3,156 $229,210 $32,301 $196,909
2020 $3,156 $229,210 $32,301 $196,909
2019 $3,156 $229,210 $32,301 $196,909
2018 $2,867 $211,017 $32,260 $178,757
2017 $2,852 $211,017 $32,260 $178,757
2016 $2,774 $211,017 $32,260 $178,757
2015 $2,791 $211,017 $32,260 $178,757
2014 $1,418 $216,958 $32,260 $184,698
Source: Public Records

Agents Affiliated with this Home

  • Teresa Rufty

    Seller's Agent in 2018

    Teresa Rufty

    TMR Realty, Inc.

    (704) 433-2582

    39 in this area

    303 Total Sales

    Teresa Rufty
    Section Image
  • Karla Foster

    Buyer's Agent in 2018

    Karla Foster

    New Pointe Realty

    (704) 798-1670

    28 in this area

    128 Total Sales

    Karla Foster
    Section Image
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Map

Source: Triad MLS

MLS Number: 870274

Triad MLS

APN: 015-220

North Carolina Rowan County Salisbury 28144

205 W Thomas St, Salisbury, NC

Not Listed for Sale

Detached

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