NOT LISTED FOR SALE

225 W Thomas St Salisbury, NC 28144

Estimated Value: $349,787 - $432,000

4 Beds
2 Baths
2,450 Sq Ft
$153/Sq Ft Est. Value

Sale Details

Date Sold: March 21, 2016

Last sale price $169,250 $69 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,302 / mo

273 Days on Market

Highlights

  • Wooded Lot
  • 1 Car Garage
  • Wood Siding
  • Front Porch
  • Lot Has A Rolling Slope

About This Home

As of March 2016

4 or 5 bedroom home - current owners have made extensive renovations. Refinished hardwood floors, new HVAC systems, all new lighting fixtures, & complete kitchen overhaul featuring center work-island with Jenn-Aire range, granite tops, tile flooring. Over 2400 sq ft with gorgeous living room, formal dining, warm sunporch, full bath on main level completely renovated with granite tops, subway tile shower, tile flooring. Den on 1st floor would can be 5th bedroom. Fenced rear yard w/playhouse.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922

Lot Details

  • 6,969 Sq Ft Lot
  • Lot Dimensions are 50 x 140
  • Property fronts an interstate
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Possible uses of the property include Horses

Parking

  • 1 Car Garage

Home Design

  • 2,450 Sq Ft Home
  • Composition Roof
  • Wood Siding

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Front Porch

Schools

  • Elizabeth Duncan-Koontz Elementary School
  • Knox Middle School
  • Salisbury High School

Utilities

  • Heat Pump System
  • Gas Water Heater
  • Private Sewer
  • Cable TV Available

Additional Features

  • Partially Finished Basement

Community Details

  • Historic Salisbury Subdivision

Listing and Financial Details

  • Assessor Parcel Number 216

Home Details

Home Type

Single Family

Year Built

Built in 1922

Lot Details

6,969 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Other
  • Year Built: 1922
  • Inclusions: Building
  • Restrictions: Other - See Remarks
  • Road Frontage Type: Interstate 1 mile or Less, Interstate
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Sq Ft Unheated Basement: 800
  • Possible Use: Horses
  • Appliances: Dishwasher, Disposal, Gas Water Heater
  • Has Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Other - See Remarks
  • Living Area: 2450

Exterior Features

  • Roof: Composition
  • Road Frontage: 50
  • Construction Type: Wood
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Private Sewer, Public Sewer, Other - See Remarks
  • Cooling: Heat Pump
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Knox

Lot Info

  • Lot Features: Rolling Slope, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 216
  • Zoning: SFR
  • Lot Size Acres: 0.16
  • Lot Size: 50 x 140
  • Lot Size Sq Ft: 6969
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Elizabeth Duncan-Koontz
  • High School: Salisbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2015
Closed on
Mar 21, 2016
Sold by
Reamer Richard R and Reamer Addie S
Bought by
Parsons William J and Parsons Faith F
List Price
$189,900
Sold Price
$169,250
Premium/Discount to List
-$20,650
-10.87%
Current Estimated Value
$373,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,697
Avg. Annual Appreciation
8.18%
Original Mortgage
$152,325
Outstanding Balance
$120,844
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$253,103

Purchase Details

Closed on
Jun 25, 2008
Sold by
Reamer Richard R and Reamer Marcia Sned
Bought by
Reamer Richard R and Reamer Addie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 14, 2007
Sold by
Hsbc Bank Usa Na
Bought by
Reamer Richard R

Purchase Details

Closed on
Sep 14, 2007
Sold by
Fisher Kurt R and Gitari Danielle C
Bought by
Hsbc Bank Usa Na and Ace Securities Corp Home Equity Loan Tru

Purchase Details

Closed on
Apr 28, 2006
Sold by
Epperson James R and Epperson Lucinda Covington
Bought by
Fisher Kurt Randall and Gitari Danielle Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,520
Interest Rate
8.57%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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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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
Parsons William J $169,500 None Available
Reamer Richard R $167,000 None Available
Reamer Richard R $167,000 None Available
Hsbc Bank Usa Na $151,006 None Available
Fisher Kurt Randall $177,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons William J $152,325
Previous Owner Reamer Richard R $125,000
Previous Owner Fisher Kurt Randall $141,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2016 06/27/16 Off Market $169,250 -- --
03/21/2016 03/21/16 Sold $169,250 -10.9% $69 / Sq Ft
02/04/2016 02/04/16 Pending -- -- --
05/07/2015 05/07/15 For Sale $189,900 -- $78 / Sq Ft
Source: Canopy 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 $3,831 $320,297 $18,375 $301,922
2024 $3,831 $320,297 $18,375 $301,922
2023 $3,831 $320,297 $18,375 $301,922
2022 $2,586 $187,810 $15,925 $171,885
2021 $2,586 $187,810 $15,925 $171,885
2020 $2,586 $187,810 $15,925 $171,885
2019 $2,586 $187,810 $15,925 $171,885
2018 $2,312 $170,183 $15,925 $154,258
2017 $2,300 $170,183 $15,925 $154,258
2016 $2,209 $168,020 $15,925 $152,095
2015 $2,222 $168,020 $15,925 $152,095
2014 $2,259 $172,886 $15,925 $156,961
Source: Public Records

Map

Source: Canopy MLS

MLS Number: R57638

Canopy MLS

APN: 015-216

North Carolina Rowan County Salisbury 28144

225 W Thomas 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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