NOT LISTED FOR SALE

215 S Long St Salisbury, NC 28144

Estimated Value: $361,724

4 Beds
4 Baths
2,376 Sq Ft
$152/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $308,000 $130 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,215/month

95 Days on Market

Highlights

  • Laundry Room
  • Ceiling Fan
  • Vinyl Flooring
  • Central Heating
  • Level Lot

About This Home

As of October 2022

Well-maintained Fourplex completely renovated in 2016! This Turn-Key investment property is located a short distance off I-85 and in a historic area of Salisbury, NC. All units feature 1 bedroom, 1 bathroom, kitchen and living room. Each unit is occupied. Do not disturb tenants. No showings until under contract.

Last Agent to Sell the Property

Tom Bost

B & R Realty License #272146 Listed on: 05/16/2022

Co-Listed By

Lindsay Riggs

B & R Realty License #304888

Last Buyer's Agent

Jordan Caldwell

Costello Real Estate and Investments LLC License #331191

Costello Real Estate and Investments LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,922

Year Built

  • Built in 1989

Lot Details

  • Lot Dimensions are 80 x 160
  • Level Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,376 Sq Ft Home
  • Ceiling Fan
  • Vinyl Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • Driveway
  • Parking Lot
  • 1 to 5 Parking Spaces

Utilities

  • Central Heating
  • Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, water, all utilities
  • Assessor Parcel Number 019072

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,922

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Architectural Style: Other
  • Year Built: 1989
  • Ratio Current Price By Acre: 1026666.67
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Structure Type: Fourplex
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Foundation Details: Brick/Mortar, Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Sq Ft Unheated Basement: 0
  • Appliances: Ceiling Fan(s), Electric Cooktop, Oven, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Living Area: 2376
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 1
  • Total Sq Ft: 594
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 1
  • Total Sq Ft: 594
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Sq Ft: 594
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Sq Ft: 594
  • Half Bathrooms: 0
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Tax Location: Salisbury
  • Construction Type: Site Built
  • Property Features: Range/Oven,Refrigerator
  • Waterfront Features: None
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Driveway, Parking Lot, Parking Space - 4+

Utilities

  • Heating: Apollo System, Central
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • 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: Level
  • Lot Size Area: 0.3
  • Lot Size Units: Acres
  • Parcel Number: 019072
  • Lot Size: 80 X 160
  • Zoning Description: HR
  • ResoLotSizeUnits: Acres

Rental Info

  • Rent Includes: None
  • Tenant Pays: Electricity, Garbage Pick-up, Water, All Utilities
  • Pets Allowed: No

Tax Info

  • RATIO List Price By Tax Amount: 2.24807

Multi Family

  • Number Of Units Total: 4
  • Unit Count: 4

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Oct 3, 2022
Sold by
Williams Merritt Diane and Williams Sondra
Bought by
Caldwell Jordan
Seller's Agent
Tom Bost
B & R Realty
Buyer's Agent
Jordan Caldwell
Costello Real Estate and Investments LLC
List Price
$315,000
Sold Price
$308,000
Premium/Discount to List
-$7,000
-2.22%
Views
2
Current Estimated Value
$361,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,724
Avg. Annual Appreciation
6.22%
Original Mortgage
$231,000
Outstanding Balance
$221,107
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$145,804
Source: Public Records

Range of Values:

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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
Caldwell Jordan $308,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caldwell Jordan $231,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Sold $308,000 -2.2% $130 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $315,000 0.0% $133 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $315,000 0.0% $133 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $315,000 -- $133 / Sq Ft
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 $2,922 $244,344 $23,896 $220,448
2024 $2,922 $244,344 $23,896 $220,448
2023 $2,922 $244,344 $23,896 $220,448
2022 $1,930 $140,120 $17,952 $122,168
2021 $1,930 $140,120 $17,952 $122,168
2020 $1,930 $140,120 $17,952 $122,168
2019 $1,930 $140,120 $17,952 $122,168
2018 $1,584 $116,577 $18,128 $98,449
2017 $1,576 $116,577 $18,128 $98,449
2016 $1,409 $107,201 $18,128 $89,073
2015 $1,418 $107,201 $18,128 $89,073
2014 $1,491 $114,105 $15,656 $98,449
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3860876

Canopy MLS (Canopy Realtor® Association)

APN: 019-072