$750,000
UNDER CONTRACT $120K PRICE DROP

227 Mitchell Ave Salisbury, NC 28144

Estimated payment $4,424/month

Total Views 12,503
6 Beds
-- Bath
6,127 Sq Ft
$122 Price per Sq Ft

Highlights

  • Laundry Room
  • Four Sided Brick Exterior Elevation
  • Central Air
  • Detached Carport Space

About This Home

Six unit apartment building centrally located in Salisbury, NC. Each unit is one bed and one bath with four of the units measuring 1037 square feet and the other two coming out to 718 square feet. The complex is 100% occupied and is a great opportunity for potential investors. Please see attached documents for more information! BRAND NEW ROOF JUST INSTALLED!

Listing Agent

Cathy Griffin

Century 21 Towne and Country Brokerage Email: c21cathy@bellsouth.net License #187850 Listed on: 06/24/2024

Century 21 Towne and Country

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,140

Year Built

  • Built in 1945

Parking

  • Detached Carport Space

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 6 Bedrooms
  • 6,127 Sq Ft Home
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Fulton Heights Subdivision

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 014165

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,140

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1945
  • Road Surface Type: Concrete, Gravel
  • Geocode Confidence: High
  • Attribution Contact: c21cathy@bellsouth.net
  • Special Features: UnderContract

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer
  • Owner Pays: Water
  • Above Grade Finished Sq Ft: 6127
  • Basement YN: No
  • Total Bedrooms: 6
  • Living Area: 6127

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Detached Carport, Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.32
  • Lot Size Units: Acres
  • Parcel Number: 014165
  • Zoning Specification: HR

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All except water
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 6

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,140 $429,794 $35,280 $394,514
2024 $5,140 $429,794 $35,280 $394,514
2023 $5,140 $429,794 $35,280 $394,514
2022 $3,845 $279,241 $29,400 $249,841
2021 $3,845 $279,241 $29,400 $249,841
2020 $3,845 $279,241 $29,400 $249,841
2019 $3,845 $279,241 $29,400 $249,841
2018 $3,579 $263,375 $29,400 $233,975
2017 $3,560 $263,375 $29,400 $233,975
2016 $3,462 $263,375 $29,400 $233,975
2015 $3,483 $263,375 $29,400 $233,975
2014 $3,494 $267,347 $27,440 $239,907
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 For Sale $750,000 0.0% $122 / Sq Ft
06/16/2025 06/16/25 Pending -- -- --
03/03/2025 03/03/25 Price Changed $750,000 -6.1% $122 / Sq Ft
12/30/2024 12/30/24 Price Changed $799,000 -3.2% $130 / Sq Ft
11/18/2024 11/18/24 Price Changed $825,000 -5.2% $135 / Sq Ft
06/25/2024 06/25/24 For Sale $869,900 -- $142 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $153,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $240,000 Commercial
Closed $300,000 Commercial
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4154532

Canopy MLS (Canopy Realtor® Association)

APN: 014-165