Seller's Agent in 2023
Matt Stevens
Stalwart & Wise Real Estate Group
(704) 998-9924
48 Total Sales
312 Barbour St Salisbury, NC 28144
Estimated Value: $121,000 - $181,000
3
Beds
1.5
Baths
1,222
Sq Ft
$120/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- 1-Story Property
- Asbestos
- Laundry Room
- Central Heating
About This Home
As of June 2023Charming As-Is Investment Opportunity: Traditional 3-Bedroom Ranch with a Proven Cash Flow
Discover this hidden gem nestled on a .14-acre lot, boasting a quaint 1,222 sqft traditional ranch-style home built in 1956. This 3-bedroom, 1.5-bathroom property offers a proven track record of generating a steady cash flow of $1,000 per month over the past three years.
Featuring a cozy backyard that is perfect for relaxation or entertaining guests, the home sits on a decently sized lot with a nice lawn.
While this home requires some TLC, the foundation is solid, and the potential for improvement is limitless. Recommended upgrades include a fresh coat of paint, roof replacement, and attention to uneven flooring. This property presents an excellent opportunity for investors or DIY enthusiasts looking to transform a house into a dream home.
Its potential and proven cash flow make it a unique and valuable find. Don't miss out on the chance to capitalize on this promising investment opportunity!
Last Agent to Sell the Property
Stalwart & Wise Real Estate Group License #288436 Listed on: 04/21/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 1956
Lot Details
- Property is zoned GR6
Parking
- Driveway
Home Design
- Traditional Architecture
- Asbestos
Interior Spaces
- 1,222 Sq Ft Home
- 1-Story Property
- Crawl Space
- Laundry Room
Kitchen
- Electric Oven
- Electric Range
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Utilities
- Window Unit Cooling System
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 025 029
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 21, 2023
Closed on
Jun 13, 2023
Sold by
Bought by
Seller's Agent
Matt Stevens
Stalwart & Wise Real Estate Group
Buyer's Agent
Erin Foster
SDH Charlotte LLC
List Price
$119,997
Sold Price
$110,000
Premium/Discount to List
-$9,997
-8.33%
Views
251
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,686
Avg. Annual Appreciation
10.07%
Original Mortgage
$15,000
Outstanding Balance
$14,356
Interest Rate
3.9%
Estimated Equity
$132,330
Purchase Details
Closed on
Jan 25, 2019
Sold by
Bought by
Purchase Details
Closed on
Nov 9, 2016
Sold by
Bought by
Purchase Details
Closed on
Sep 6, 2016
Sold by
Bought by
Purchase Details
Closed on
Aug 23, 2016
Sold by
Bought by
Purchase Details
Closed on
Jul 7, 1998
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $110,000 | None Listed On Document | ||
| $110,000 | None Listed On Document | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| $23,126 | None Available | ||
| $22,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $15,000 | ||
| Closed | $15,000 | ||
| Open | $98,205 | ||
| Closed | $98,205 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/20/2023 06/20/23 | Sold | $110,000 | 0.0% | $90 / Sq Ft |
| 05/17/2023 05/17/23 | Price Changed | $109,997 | -8.3% | $90 / Sq Ft |
| 04/21/2023 04/21/23 | For Sale | $119,997 | -- | $98 / Sq Ft |
Source: Canopy MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $435 | $68,516 | $11,000 | $57,516 |
| 2024 | $435 | $68,516 | $11,000 | $57,516 |
| 2023 | $435 | $68,516 | $11,000 | $57,516 |
| 2022 | $292 | $41,029 | $9,500 | $31,529 |
| 2021 | $284 | $41,029 | $9,500 | $31,529 |
| 2020 | $273 | $39,482 | $9,500 | $29,982 |
| 2019 | $284 | $41,029 | $9,500 | $31,529 |
| 2018 | $260 | $37,852 | $9,500 | $28,352 |
| 2017 | $260 | $37,852 | $9,500 | $28,352 |
| 2016 | $260 | $37,852 | $9,500 | $28,352 |
| 2015 | $264 | $37,852 | $9,500 | $28,352 |
| 2014 | $265 | $38,671 | $9,000 | $29,671 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Stevens
-
Erin Foster
E
Buyer's Agent in 2023
Erin Foster
SDH Charlotte LLC
(770) 675-0118
57 Total Sales
Map
Source: Canopy MLS
MLS Number: 4022594
APN: 025-029
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.
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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