NOT LISTED FOR SALE

206 W Thomas St Salisbury, NC 28144

Estimated Value: $395,000 - $470,000

4 Beds
3 Baths
3,500 Sq Ft
$125/Sq Ft Est. Value

Last Sold July 14, 2020

Last sale price $283,500 $81 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,809/month

475 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Porch
  • Den with Fireplace
  • No HOA
  • Storm Windows

About This Home

As of July 2020

Prestigious West Square Historic District offers handsome brick home with all the charm we expect in a vintage home, complete with beautiful wood flooring and working pocket doors. Gorgeous foyer, formal LR & DR + huge den w/FP, updated kitchen and a study/office w/beautiful built-ins. 4 BRs upstairs, 3 baths total. Fenced yard, 2 story brick outbuilding. Subject to historic zoning overlay. View the Visual Tour at:https://view.paradym.com/showvt.asp?sk=301&t=4292965. New water heater 2020.

Last Agent to Sell the Property

Mary Arey

Arey Realty License #56214 Listed on: 02/15/2019

Last Buyer's Agent

Sidney Honeycutt

Coldwell Banker Realty License #256882

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,983

Year Built

  • Built in 1918

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 55 x 155
  • Fenced

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,249 Sq Ft Home
  • 2,900-3,500 Sq Ft Home
  • Property has 2 Levels
  • Den with Fireplace
  • 2 Fireplaces
  • Storm Windows
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • No Garage
  • Driveway

Schools

  • Knox Middle School
  • Salisbury High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Porch
  • The property is located in a historic district

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 015205
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,983

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 55 x 155
  • Subdivision Name: None
  • Directions: I85 South to Exit 76, Right onto E Innes, Left onto S Fulton St, Left onto W Thomas, Property will be on the left.
  • Above Grade Finished Sq Ft: 3249
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1918
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Historic
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features
  • Has Basement: Unfinished, Basement, Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Den, Primary Bedroom
  • Fireplaces: 2
  • Living Area: 3249
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: Fenced
  • Lot Features: City Lot, Historic District
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway, No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric
  • Energy Features: Storm Windows

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 015205
  • Zoning: SFR
  • TRIADMLS_PricePerAcre: 1499500
  • TRIADMLS_DeedPage: 394
  • TRIADMLS_DeedBook: 755
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2983.07
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 1.1358

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2019
Closed on
Jul 14, 2020
Sold by
Oakes Sidney W and Oakes Cynthia J
Bought by
Potts Daniel C and Potts Jessica Z
Seller's Agent
Mary Arey
Arey Realty
Buyer's Agent
Sidney Honeycutt
Coldwell Banker Realty
Sold Price
$283,500
Total Days on Market
475
Current Estimated Value
$435,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,265
Avg. Annual Appreciation
7.98%
Original Mortgage
$269,325
Outstanding Balance
$242,513
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$170,091

Purchase Details

Closed on
Jul 1, 1995
Bought by
Oakes Sidney W and Oakes F
Source: Public Records

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Range of Values:

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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
Potts Daniel C $283,500 First American Mortgage Sln
Oakes Sidney W $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potts Daniel C $269,325
Previous Owner Oakes Sidney W $244,000
Previous Owner Oakes Sidney W $240,000
Previous Owner Oakes Sidney W $30,000
Previous Owner Oakes Sidney W $222,500
Previous Owner Oakes Sidney W $43,000
Previous Owner Oaks Sidney W $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2020 07/14/20 Sold $283,500 0.0% $98 / Sq Ft
07/14/2020 07/14/20 Sold $283,500 -5.5% $87 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
04/07/2020 04/07/20 For Sale $299,900 0.0% $92 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $299,900 0.0% $92 / Sq Ft
11/27/2019 11/27/19 Pending -- -- --
09/06/2019 09/06/19 Price Changed $299,900 -2.9% $92 / Sq Ft
06/16/2019 06/16/19 Price Changed $309,000 -3.1% $95 / Sq Ft
01/14/2019 01/14/19 For Sale $319,000 -- $98 / Sq Ft
Source: Triad MLS

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
2024 $4,347 $363,453 $21,038 $342,415
2023 $4,347 $363,453 $21,038 $342,415
2022 $3,320 $241,113 $18,233 $222,880
2021 $3,320 $241,113 $18,233 $222,880
2020 $3,320 $241,113 $18,233 $222,880
2019 $3,320 $241,113 $18,233 $222,880
2018 $2,983 $219,551 $18,232 $201,319
2017 $2,973 $219,551 $18,232 $201,319
2016 $2,892 $219,551 $18,232 $201,319
2015 $2,910 $219,551 $18,232 $201,319
2014 $2,924 $223,234 $18,232 $205,002
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 917584

Triad MLS

APN: 015-205