NOT LISTED FOR SALE

322 E Council St Unit 1A Salisbury, NC 28144

Salisbury Area

Estimated Value: $161,000 - $240,000

Studio
-- Bath
1,268 Sq Ft
1,307 Sq Ft Lot

Sale Details

Date Sold: January 12, 2023

Last sale price $110,000 $87 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,491 / mo

108 Days on Market

Highlights

  • Attached Garage
  • Central Heating
  • 4-minute walk to Salisbury Station

About This Home

As of January 2023

Opportunity to own a very unique space in the heart of Salisbury! Once home to Cheerwine Bottling Company, this is a special opportunity to create residential loft space in a historic downtown Salisbury building. Or design eclectic, hip office space your employees will love. Three units being sold together to enable your imagination to be your guide; exposed brick, wood beams and tall ceilings. Building has secured entrance in addition to a private garage and plenty of guest parking. MLS # 3902147, 3902145, 3902142 owner selling together at $150,000 each ($450,000 for all three)

Last Agent to Sell the Property

John Shaw

COMPASS License #276702 Listed on: 09/26/2022

COMPASS

Co-Listed By

Nancy Shaw

COMPASS License #274453

Last Buyer's Agent

Tyler Wilhoit

Tyler Readhead & McAlister LLC License #254506

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1999

Lot Details

  • 1,307

HOA Fees

  • $260 Monthly HOA Fees

Home Design

  • 1,268 Sq Ft Home
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation

Parking

  • Attached Garage
  • Assigned Parking

Utilities

  • Central Heating

Community Details

  • Mid-Rise Community
  • Cheerwine Building Condos
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 010B002

Property Details

Home Type

Condominium

Year Built

Built in 1999

Lot Details

1,307 Sq Ft Lot

HOA Fees

$260 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Year Built: 1999
  • Restrictions: Building
  • Unit Floor Level: 1
  • Structure Type: Mid-Rise
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 86.75
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: See Remarks
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1268
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: None
  • Living Area: 1268

Exterior Features

  • New Construction: No
  • Roof: See Remarks
  • Tax Location: Salisbury
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Assigned, Attached Garage, Other

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Water Heater: Electric,Other
  • Laundry Features: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 260
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Cheerwine Building
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 3120.00

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 010B002
  • Land Included Yn: 0
  • Additional Parcels Description: 010B003, 010B004
  • Zoning Description: R
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.28258

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

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

Closed on
Sep 12, 2023
Sold by
Bought by
Current Estimated Value
$209,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,325
Interest Rate
0.069%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 26, 2022
Closed on
Jan 10, 2023
Sold by
Bought by
Seller's Agent
John Shaw
COMPASS
Buyer's Agent
Tyler Wilhoit
Tyler Readhead & McAlister LLC
List Price
$150,000
Sold Price
$110,000
Premium/Discount to List
-$40,000
-26.67%
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.82%

Purchase Details

Closed on
Dec 30, 2011
Sold by
Bought by
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

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
$574,500 None Listed On Document
$330,000 None Listed On Document
$150,000 None Available
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 $488,325
Previous Owner $249,000
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
01/12/2023 01/12/23 Sold $110,000 -26.7% $87 / Sq Ft
12/08/2022 12/08/22 For Sale $150,000 +36.4% $118 / Sq Ft
12/08/2022 12/08/22 Off Market $110,000 -- --
12/08/2022 12/08/22 Price Changed $100,000 -33.3% $79 / Sq Ft
10/21/2022 10/21/22 Price Changed $150,000 -14.3% $118 / Sq Ft
09/26/2022 09/26/22 For Sale $175,000 -- $138 / 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 $1,109 $150,614 $0 $150,614
2024 $1,109 $150,614 $0 $150,614
2023 $1,530 $113,170 $0 $113,170
2022 $1,021 $65,715 $0 $65,715
2021 $1,021 $65,715 $0 $65,715
2020 $1,021 $65,715 $0 $65,715
2019 $1,021 $65,715 $0 $65,715
2018 $1,323 $86,367 $0 $86,367
2017 $1,317 $86,367 $0 $86,367
2016 $1,285 $86,367 $0 $86,367
2015 $1,294 $86,367 $0 $86,367
2014 $1,478 $99,750 $0 $99,750
Source: Public Records

Agents Affiliated with this Home

  • John Shaw

    Seller's Agent in 2023

    John Shaw

    COMPASS

    (954) 599-6634

    55 Total Sales

    John Shaw
    Section Image
  • Nancy Shaw

    Seller Co-Listing Agent in 2023

    Nancy Shaw

    COMPASS

    (980) 288-1058

    32 Total Sales

    Nancy Shaw
    Section Image

  • T

    Buyer's Agent in 2023

    Tyler Wilhoit

    Tyler Readhead & McAlister LLC

    Section Image
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Map

Source: Canopy MLS

MLS Number: 3902142

Canopy MLS

APN: 010-B002

North Carolina Rowan County Salisbury 28144

322 E Council St Unit 1A, 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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