NOT LISTED FOR SALE

208 Cedar Dr Salisbury, NC 28147

4 Beds
2 Baths
1,931 Sq Ft
0.51 Acres

Last Sold April 22, 2016

Last sale price $75,000 $39 Per Sq Ft

42 Days on Market

About This Home

As of April 2016

Rare opportunity to start an investment property portfolio or to expand current portfolio. Duplex - 2 bedrooms, 1 bath per side. 4 bedrooms 2 baths total. County taxes only & no water or sewer bill for tenants make it affordable & profitable. Fenced in rear yard, covered front porches & rear wooden decks. Constantly rented over the last 5 years at $550 per side or $13,200 per year. Units are in good condition. Left side is rented right side vacant for easy showings. Roof 2010.

Last Agent to Sell the Property

Keith Knight

Wallace Realty License #200248 Listed on: 02/01/2016

Last Buyer's Agent

Keith Knight

Wallace Realty License #200248 Listed on: 02/01/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • Lot Dimensions are 125x192
  • Level Lot

Home Design

  • Duplex
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Utilities

  • Heating System Uses Natural Gas
  • Well

Additional Features

  • 2 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 468149

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ratio Close Price By List Price: 0.88757
  • Ratio Close Price By Original Li: 0.83426
  • Ratio Current Price By Acre: 145914.40
  • Ratio Current Price By Sq Ft: 38.84
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Vinyl, Carpet
  • Laundry Location: Main, Kitchen
  • Sq Ft Additional: 311
  • Total Sq Ft: 1931

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway, Parking Space - 3

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Natural Gas
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 125x192
  • Lot Features: Level
  • Parcel Number: 468149
  • Plat Book Slide: 1823`
  • Plat Reference Section Pages: 653
  • Zoning: Multi Family Dwelling
  • Zoning Specification: MFR

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 108710.00
  • Tax Location: Rowan

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2
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Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2016 04/22/16 Sold $75,000 -16.6% $39 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $89,900 -- $47 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $916 $135,185 $30,000 $105,185
2024 $916 $135,185 $30,000 $105,185
2023 $916 $135,185 $30,000 $105,185
2022 $885 $117,266 $21,500 $95,766
2021 $877 $117,266 $21,500 $95,766
2020 $877 $117,266 $21,500 $95,766
2019 $877 $117,266 $21,500 $95,766
2018 $806 $108,710 $21,500 $87,210
2017 $806 $108,710 $21,500 $87,210
2016 $806 $108,710 $21,500 $87,210
2015 $815 $108,710 $21,500 $87,210
2014 $750 $104,914 $16,500 $88,414
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3145212

Canopy MLS (Canopy Realtor® Association)

APN: 468 149